U.S. Homebuilder Confidence Improves Much More Than Expected In February A report released by the National Association of Home Builders on Wednesday showed a much bigger than expected improvement in U.S. homebuilder confidence in the month of February. The report said the NAHB/Wells Fargo Housing Market Index jumped to 42 in February from 35 in […]
Markets slip as inflation story gets more complicated for investors. The prospect of a drop in the pace of inflation has recently lifted hopes that the Federal Reserve will soon stop increasing interest rates. Send any friend a story As a subscriber, you have 10 gift articles to give each month. Anyone can read what […]
Leidos Holdings, Inc. Q4 Profit Increases, beats estimates Leidos Holdings, Inc. (LDOS) revealed earnings for its fourth quarter that increased from the same period last year and beat the Street estimates. The company’s bottom line came in at $177 million, or $1.28 per share. This compares with $174 million, or $1.23 per share, in last […]
COMSovereign Holding Stock Gains 17% Shares of COMSovereign Holding Corp. (COMS) are gaining over 17% on Monday morning after announcing an 80% year-over-year reduction of outstanding secured debt. COMS is currently trading at $5.12, down $0.77 or 17.71%, on the Nasdaq, on a huge volume of 5 million shares, above average volume of 0.7 million. […]
Lancashire Holdings FY22 Loss Narrows, Premiums Written Climb Bermuda-based insurer Lancashire Holdings Ltd (LRE.L) reported Friday that its fiscal 2022 loss before tax was $2.8 million, narrower than last year’s loss of $56.8 million. Loss per share were $0.01, compared to loss of $0.26 per share a year ago. Underwriting profit climbed to $150.8 million […]
The Ideal Winter Dish? It’s This Cozy Cabbage Recipe Melissa Clark pairs that hearty vegetable with pork, herbs and bright lemon to bring out its very best. Send any friend a story As a subscriber, you have 10 gift articles to give each month. Anyone can read what you share. By Melissa Clark Gold Futures […]
Kellogg Q4 Profit Beats Estimates, Organic Growth In Net Sales At 16.2%; Issues FY23 Guidance Kellogg Company (K) reported that its fourth quarter adjusted operating profit increased by 16%, and by 20% excluding currency, from prior year. On an organic basis, net sales increased by 16% year on year. For 2023, the company expects strong […]
Kellogg Company Q4 Earnings Summary Below are the earnings highlights for Kellogg Company (K): Earnings: -$98 million in Q4 vs. $433 million in the same period last year. EPS: -$0.29 in Q4 vs. $1.26 in the same period last year. Excluding items, Kellogg Company reported adjusted earnings of $0.94 per share for the period. Analysts […]
TotalEnergies Q4 Profit Falls, But Revenue Climbs TotalEnergies SE (TTE), a French energy and petroleum firm, on Wednesday reported a decline in earnings for the fourth quarter. However, the firm posted a rise in revenue. For the quarter, the company posted a net income of $3.441 billion or $1.26 per share, compared with $5.903 billion […]
Oil Futures Settle Sharply Higher Oil prices climbed higher on Tuesday amid expectations of higher energy demand from China, and on concerns about supply following a massive earthquake in Turkey on Monday. West Texas Intermediate Crude oil futures for March ended higher by $3.02 or about 4.1% at $77.14 a barrel, the highest close since […]