Sentage Holdings Rises 14% Shares of financial services company Sentage Holdings Inc. (SNTG) are rising 14 percent on Wednesday’s trading. The share movement is in line with the U.S stock market, which was in the green early on Wednesday morning. There has not been any company-specific news to influence the stock. Currently at $4.2641, the […]
Vera Bradley Trims FY23 Outlook After Slipping To Loss In Q2 While reporting financial results for the second quarter on Wednesday, Vera Bradley, Inc. (VRA) trimmed its earnings and revenue guidance for the full-year 2023, as it expects the challenging macroeconomic environment to continue for the balance of the year. For fiscal 2023, the company […]
Express, Inc. Q2 Net Income Declines; Comps. Up 1% Express, Inc. (EXPR) reported second quarter net income of $7.0 million, or $0.10 per share compared to net income of $10.6 million, or $0.15 per share, a year ago. Gross margin was 33.1% of net sales compared to 32.6%, an increase of approximately 50 basis points. […]
Oil Prices Tumble In Choppy Trade Oil prices fell sharply in choppy trade on Tuesday amid concerns that aggressive interest rate hikes by central banks could curtail economic growth and weigh on fuel demand. The focus also shifted to the upcoming OPEC+ meeting and potential supply cuts. Benchmark Brent crude futures fell 1.9 percent to […]
Oil Prices Spike Amid Reports Of Oil Supply Reeducations Crude oil prices moved sharply higher during trading on Monday, with the price of crude oil for October delivery surging $3.95 to $97.01 a barrel. The spike by the price of crude oil came amid indications OPEC and their allies plan to decrease production assuming a […]
Abbott: Study Shows HeartMate 3 Pump Extends Life Expectancy Of Advanced Heart Failure Patients Abbott (ABT) said the data from the MOMENTUM 3 trial showed its HeartMate 3 heart pump extended survival of advanced heart failure patients by at least five years. Results of the five-year study showed an improved survival rate of 58% with […]
CNOOC H1 Profit Climbs On Higher Production, Prices – Quick Facts CNOOC Limited (CEO, CNU.TO) reported Thursday that first-half net profit reached RMB 71.89 billion, up 115.7% from RMB 33.33 billion a year ago. Basic earnings per share were 1.57 RMB Yuan, a growth of 109.3 percent from 0.75 RMB Yuan last year. Oil & […]
BATM H1 Adj. Operating Profit Declines BATM Advanced Communications Limited (BVC.L) reported that its first half adjusted operating profit for ongoing operations declined to $1.5 million from $6.7 million, prior year, primarily due to the lower revenue from COVID-19 products. Adjusted gross margin was 31.6% compared to 38.4%, last year. Net profit after tax attributable […]
Macy’s Inc. Q2 Profit Decreases, but beats estimates Macy’s Inc. (M) released earnings for second quarter that decreased from last year but beat the Street estimates. The company’s bottom line totaled $275M, or $0.99 per share. This compares with $345M, or $1.08 per share, in last year’s second quarter. Excluding items, Macy’s Inc. reported adjusted […]
European Economics Preview: UK Retail Sales, Public Sector Finance Data Due Retail sales and public sector finances from the UK are due on Friday, headlining a light day for the European economic news. At 2.00 am ET, the Office for National Statistics releases UK retail sales and public sector finance data. Sales are forecast to […]