Новости за 04.05.2022

Fresh Del Monte Produce Inc. reported Wednesday first-quarter profit that fell, but beat expectations, while revenue rose primarily due to "favorable pricing." The fresh fruit seller's stock was still inactive in premarket trading. Net income declined to $25.8 million, or 54 cents a share, from $42.7 million, or 90 cents a share, in the year-ago period. Excluding nonrecurring items, adjusted earnings per share came to 55 cents. The average EPS estimate of two analysts surveyed by FactSet was 46 cents. Читать дальше...

Shares of Barrick Gold Corp. rose 0.4% in premarket trading Wednesday, after the gold miner reported first-quarter profit that fell less than expected and doubled its dividend, as the realized gold price climbed 5.6%. Net income declined to $438 million, or 25 cents a share, from $538 million, or 29 cents a share, in the year-ago period. Excluding nonrecurring items, adjusted earnings per share of 26 cents beat the FactSet consensus of 24 cents. Revenue fell 3.5% to $2.85 billion, matching the FactSet consensus... Читать дальше...

LL Flooring Holdings Inc. shares slid 1.5% in premarket trade Wednesday, after the wood flooring company's first-quarter earnings fell short of estimates and it said it expects inflation to remain a headwind to gross margins in 2022. The company posted net income of $4.037 million, or 14 cents a share, for the quarter, down from $10.622 million, or 36 cents a share, in the year-earlier period. Adjusted per-share earnings came to 13 cents, below the 16 cent FactSet consensus. Sales fell to $279 million from $283 million... Читать дальше...

Dave Chappelle was tackled on stage by an audience member Tuesday night during his live show at the Hollywood Bowl.

The SUV version of Mercedes' bellwether electric vehicle has a clean and simple look, standard 4-wheel steering and comes in two powertrains.

As the cost of oil creeps up, so does the cost of travel, right? Sometimes, yes — but not all travel costs are directly affected by the cost of fuel.

Crude prices are getting a boost as a much anticipated plan for an embargo on Russian oil was announced by the European Union on Wednesday.

EU proposes ban on Russian oil within six months, in sixth round of sanctions

Volkswagen confirms full-year guidance, reports 1Q revenue of €62.74 billion

‘I never grew up with the dream of owning a house so I never really had that expectation.’

A new working paper shines light on the COVID-related 'baby bust,' and the surprisingly speedy recovery.

Chinese ride-hailing company Didi Global Inc. said it is under investigation by the Securities and Exchange Commission regarding its 2021 IPO, sending shares tumbling in after-hours trading Tuesday.

If the Supreme Court overturns Roe v. Wade, what happens next?

Elon Musk said that under his ownership, Twitter Inc. may charge "a slight cost" for commercial and government accounts.

Trump-backed JD Vance wins Ohio Republican Senate primary

Match Group Inc. is bringing in a new chief executive with a history steeped in gaming as the online-dating company chases continued growth, but shares were headed 4% lower in after-hours trading Tuesday after the company fell short with its revenue outlook for the current quarter.

Starbucks Corp. stock edged higher in after-hours trading Tuesday after the coffee chain reported fiscal second-quarter earnings within expectations, highlighting it as an achievement amid rising costs, inflation and thinner margins.

Advanced Micro Devices Inc.'s data-center business performed so well in the first quarter that the chip maker decided it will break out that business next quarter.

After Lyft Inc.'s financial results sent Uber Technologies Inc. shares into a spiral late Tuesday, Uber announced executives would move up the time of their own earnings announcement.

Advanced Micro Devices Inc. reported more than $5 billion in quarterly revenue for the first time Tuesday, and executives predicted their first $6 billion quarter will immediately follow as the acquisition of Xilinx Inc. solidified their data-center strategy.

Equity markets are starting to price 'the rising risk of stagflation,' according to Research Affiliates chief executive officer Chris Brightman.

Lyft Inc. said Tuesday that it had a better-than-expected first quarter, with Chief Executive Logan Green saying ride-hailing volumes hit "a new COVID high," but shares plunged after executives' forecast came up short.

Financial experts generally recommend clearing debts ahead of an economic downturn, but mortgages might be an exception.

‘Is a will sufficient? What if I predecease my husband and he makes a new will?’

The bubble has burst for emerging tech stocks, but that doesn't mean its safe or smart to go long right now, warned Ray Dalio, founder of the world's largest hedge fund.