Earnings
- Health
Ascension posts $17M loss in Q3 but sees bright spots in patient volumes
Ascension hospital system posted a $17 million operating loss for the third quarter of the year, but the chain saw…
Read More » - Entrepreneurs
Movado Group Incorporated Pulls Back After Robust Results
We started to get interested in the Movado Group (NYSE: MOV) a few years ago. The company is a retailer of…
Read More » - Entrepreneurs
Money Really Does Grow on Trees at Dollar Tree
May 28, 2021 5 min read This story originally appeared on MarketBeat Dollar Tree (NASDAQ:DLTR) has had a heck of…
Read More » - Market
Pending home sales sink as the housing market falls back to Earth
The numbers: An indicator of existing-home sales fell in April, suggesting that the housing market could be cooling in the face…
Read More » - Health
Blink Charging Taps Cash Pile in Electric Car Bet
Blink Charging Co. is using cash acquired in a recent stock offering to expand its network of charging stations ahead…
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Salesforce stock rises on earnings beat, increased outlook
Salesforce.com Inc. shares rose in the extended session Thursday after the cloud-based customer-relationship management company topped Wall Street estimates and…
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NextGen Healthcare reports $557M in 2020 revenue with strong bookings growth in Q4
Ambulatory technology company NextGen Healthcare wrapped up its 2021 fiscal year with $557 million in revenue, up 3% from $540…
Read More » - Finance
London’s IPO race is heating up — Here’s which investment firm could float next
Anyone who thought that the pandemic would dull investors’ appetite for going public should think again. Listing this year so far:…
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ZipRecruiter Shares Finish 17.22% Higher In Public Debut
May 27, 2021 4 min read This story originally appeared on MarketBeat Shares of ZipRecruiter (NYSE: ZIP) ended their first…
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Ford Expects 40% of Global Vehicle Volume to Be Fully Electric By 2030
Ford Motor Co. F 8.51% shares rose to their highest level in nearly five years, after the auto maker outlined…
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Nvidia sales hit a record again amid chip shortage, and the earnings outlook suggests more on the way
Nvidia Corp. broke several quarterly sales records and forecast revenue growth as much as $1 billion above Wall Street estimates…
Read More » - Banking
BMO tops estimates as provisions drop, loan income recovers
Bank of Montreal’s fiscal second-quarter earnings beat estimates as the waning COVID-19 crisis allowed the lender to set aside less…
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Bank profits strengthen, but lending remains sluggish
WASHINGTON — Profits soared and allowances for loan-losses fell at U.S. banks in the first quarter even as net interest…
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Refinitiv boss to step down from London Stock Exchange data helm
Refinitiv’s chief executive David Craig is to step away from his role at the London Stock Exchange Group at the…
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Exxon vs. Activists: Battle Over Future of Oil and Gas Reaches Showdown
For years, Exxon Mobil Corp. didn’t have to pay much attention to investors because of its gargantuan profits. Yet on…
Read More » - Entrepreneurs
Lordstown Motors: An EV Stock Gearing Up for a Ride
May 25, 2021 5 min read This story originally appeared on MarketBeat Like many of last year’s SPAC successes, Lordstown…
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Existing-home sales fall for third straight month — so what’s going on?
The numbers: Existing-home sales declined yet again, a result of the low inventory of properties for sale and rising prices…
Read More » - Health
Mayo Clinic reports $243M operating income, $3.7B total revenue to kick off 2021
After closing out 2020 on a strong note, Mayo Clinic maintained its momentum with $243 million in operating income—a 6.6%…
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What More Does Golden Nugget Have to Prove?
Golden Nugget Online Gaming is trying to find a base of support despite the company delivering an earnings report that…
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AT&T CEO John Stankey Defends Dividend Cut
AT&T has had a momentous week. Since surprising the market with its plan to spin off WarnerMedia, the phone giant’s…
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Ralph Lauren swings to a profit and reinstates dividend
Ralph Lauren Corp. blew past earnings estimates for its fiscal fourth quarter on Thursday, and said it may close more…
Read More » - Health
Hims & Hers Q1 revenue jumps 74% as company looks to expand virtual behavioral health services
Hims & Hers, a consumer telehealth and wellness brand, saw its first-quarter 2021 revenue grow 74% to $52 million, beating…
Read More » - Entrepreneurs
Why Target (NYSE:TGT) is the Premier Big-Box Retailer Stock
This is especially true for Target, a company that is firing on all cylinders at the moment. Let’s discuss a few…
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Cisco stock drops as higher costs amid chip shortage ding earnings outlook
Cisco Systems Inc. shares dropped in the extended session Wednesday as the company’s earnings outlook fell short of Wall Street…
Read More » - Health
CHS reports strong rebound in lower-acuity procedures compared to higher-acuity surgeries
Major hospital chain Community Health Systems has seen a stronger rebound of volumes for lower-acuity services and procedures after vaccinations…
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Clover Health’s stocks skid as startup insurer posts $48.4M loss in Q1
Clover Health posted a $48.4 million loss in the first quarter of 2021, nearly doubling its year-over-year losses as medical…
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With drinkers back, 2 of Britain’s biggest pub groups are hoping for a strong rebound
Two of Britain’s biggest pub operators on Wednesday reported bigger half-yearly losses, as the COVID-19 pandemic and related lockdowns forced…
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Legal Issues Behind It, IBIO Stock May Be a Long Play For Risk-Tolerant Investors
iBio remains a dark horse in the ongoing development of Covid-19 vaccines. But an intriguing new candidate and a resolution…
Read More » - Health
CommonSpirit Health accelerates COVID-19 rebound with $539M in operating gains
CommonSpirit Health hauled in $539 million in operating income in the third quarter of its 2021 fiscal year, a turnaround…
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Sutter Health posts $49M operating loss in Q1 after rough 2020
Sutter Health posted a $49 million operating loss for the first quarter of the year, which was a major improvement…
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Advocate Aurora Health reports $352M gain for Q1 2021 even without COVID relief funds
Advocate Aurora Health has started its fiscal year in the black, reporting this week nearly $352 million in earnings for…
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Providence posts $222M operating loss in Q1 as COVID-19 surges cause drop in operating revenues
Providence Health posted an operating loss of $222 million for the first quarter due to higher expenses and a decline…
Read More » - Banking
Flush with capital, banks rush to repurchase stock
Share buyback programs, shelved by many banks early in 2020 amid pressure from regulators to preserve capital in the midst…
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Bankers part ways with Credit Suisse over Archegos
Credit Suisse Group is facing an exodus of senior investment bankers in the wake of a $5.5bn loss tied to…
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Micron Technologies Stock is a Bargain at These Levels
Memory and storage chip giant Micron Technology (NYSE: MU) stock has been selling off with the rest of the chip…
Read More » - Health
GoodRx acquires RxSaver to expand discount drug business as executives downplay Amazon threat
GoodRx, a telehealth and drug-pricing comparison software company, acquired competitor RxSaver for $50 million in cash. The company closed the…
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Dow jumps over 250 points, even as retail sales data comes in weaker than expected
U.S. stock indexes rose early Friday as investors took a weaker-than-expected reading of April retail sales in stride, after a…
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Sales at U.S. retailers fall flat in April as stimulus boosts fades
The numbers: Sales at U.S. retailers fell flat in April after a blockbuster gain in the prior month when the…
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Plug Power stock soars as restatement removes overhang of uncertainty
Shares of Plug Power Inc. surged Friday, after they hydrogen and fuel cell systems company completed its restatement, removing a…
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Square has ‘no plans’ to buy more bitcoin after $20m loss
Payments fintech Square said it has no plans to buy more bitcoin for its corporate treasuries, after losing $20m on…
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Rather than ‘Will cryptos drop to zero?’, investors should be asking this question instead, says strategist
Stocks are looking up at the end of a volatile week for both equities and cryptocurrencies. Keeping the newsflow going…
Read More » - Health
Oscar Health posts $87.4M loss in first quarter of 2021
Oscar Health posted an $87.4 million loss in the first quarter of 2021, the insurer reported Thursday, marking an improvement…
Read More » - Entrepreneurs
Look For Fortinet To Post Double-Digit Earnings Growth In Next Two Years
May 14, 2021 4 min read This story originally appeared on MarketBeat With cybersecurity in the news lately, are stocks…
Read More » - Entrepreneurs
Yeti Holdings Raises Guidance After Topping Q1 Expectations
Shares of outdoor gear maker Yeti Holdings (NYSE: YETI) vaulted nearly 5% higher Thursday following a better-than-expected first-quarter earnings report. …
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Disney earnings blow away estimates as theme parks return, but streaming slowdown sends stock lower
The Walt Disney Co. blew away earnings expectations with a Thursday report, but shares still fell in late trading as…
Read More » - Health
Atrium Health posts $18M loss in Q1 due to higher expenses
Atrium Health posted a $18 million loss of operating revenue for the first quarter due to higher operating expenses. But…
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One Medical expands reach with employers, plans to grow to 22 markets in 2021
Tech-enabled primary care company One Medical is quickly expanding to new markets and inking more health network partnerships. The provider…
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Amwell telehealth visits more than double in Q1 2021 with significant uptick in virtual behavioral health
Telehealth company Amwell saw continued strong demand for telehealth visits in the first quarter of 2021, more than a year…
Read More » - Entrepreneurs
Wolverine Worldwide, Inc Is A Buy On Post-Earnings Weakness
Shares of Wolverine Worldwide are down more than 10% from their recent high and in deep correction despite better than…
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Tesla stock and bitcoin drop after Elon Musk says car sales with crypto will be halted due to energy usage of mining
Tesla Inc. will halt sales of cars using bitcoin due to the effects on the environment that cryptocurrency mining can…
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