Latest in Rocked Big Profit
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Education stocks rally, with Trump seen as benefiting for-profit colleges
Shares of private-education companies rallied Wednesday, on expectations some of the regulatory pressure on the group will be eased once newly elected President Trump begins his term in January.Business - MarketWatch - November 6 -
NAB Raises Dividend Despite a 6.1% Fall in Annual Profit
National Australia Bank raised its dividend despite a 6.1% fall in annual profit on lower lending margins and higher costs.Business - The Wall Street Journal - November 6 -
Marks & Spencer Beats Profit Views, Warns of Persistent Challenges
Marks & Spencer reported profit ahead of expectations for the first half of fiscal 2025, but warned that the uncertain consumer backdrop is expected to remain in the rest of the year.Business - The Wall Street Journal - November 6 -
Ahold Delhaize Net Profit Misses Market Views, Issues Buyback
The Dutch grocer outlined a share buyback program, despite reporting a worse-than-expected fall in third-quarter net profit.Business - The Wall Street Journal - November 6 -
Nissan cuts 9,000 jobs and halves CEO’s pay as it sinks to a loss
Carmaker to slash global production capacity by a fifth in emergency turnaround planWorld - Financial Times - November 7 -
Hershey’s stock dips as high cocoa prices eat into profit
The chocolate maker’s stock dropped after its adjusted earnings missed analyst estimates.Business - MarketWatch - November 7 -
Planet Fitness’s stock rallies as it beats profit and revenue estimates
Gym chain boosts its outlook for 2024 revenue growth.Business - MarketWatch - November 7 -
WK Kellogg’s stock soars as strength in granola and premium cereals boosts sales
WK Kellogg Co.’s stock was enjoying a record rally on Thursday, after the cereal company beat third-quarter earnings expectations as strength in premium granola sales helped mitigate ...Business - MarketWatch - November 7 -
JPMorgan may be ‘best in class’ but it’s time to take profits, analyst says
Baird’s David A. George downgrades megabank to underperform because it’s “more than fully priced” at recent levels.Business - MarketWatch - November 7 -
Virgin Galactic building the foundation for strong future profitability, KeyBanc says
Virgin Galactic Holdings Inc.’s progress toward its new class of spacecraft bodes well for the company’s future profitability, according to KeyBanc Capital Markets.Business - MarketWatch - November 7 -
Toast’s stock soars after company swings to profit and revenue beats estimates
Toast Inc.’s stock soared in after-hours trade Thursday, after the digital-payment platform for restaurants posted better-than-expected revenue for the third quarter, offsetting a profit miss.Business - MarketWatch - November 8 -
Sony raises guidance on gaming strength, quarterly operating profit beats estimates
Sony raised sales guidance for the full year and posted operating profit that smashed analyst expectations after a strong quarter for its gaming business.Business - CNBC - November 8 -
Sony's Profit Jumps on Strength in Game, Image-Sensor Businesses
The Japanese company raised its annual revenue forecast after delivering a second-quarter profit beat.Business - The Wall Street Journal - November 8 -
Pinterest Stock Falls Despite Rise in Third-Quarter Profit, Revenue
The social-media platform’s revenue jumped 18% year over year, slightly above Wall Street’s forecast.Business - The Wall Street Journal - November 7 -
Warner Bros. Discovery Swings to Quarterly Profit on Strong Streaming Growth
The entertainment company swung to its first quarterly profit in more than two years after it posted better-than-expected growth in streaming subscribers.Business - The Wall Street Journal - November 7 -
Sony reports healthy profits on strong sales of sensors and games
Sony’s profit surged 69% in July-September on the back of strong sales of its image sensors, games, music and network servicesTech - ABC News - November 8