KBR Reports Third-Quarter Loss
KBR, an information technology services company, experienced a sharp decline in shares after reporting a third-quarter loss. Analysts had expected the company to post a profit, but instead, KBR reported…
WW International to Report Q3 Earnings: What to Expect
Revenue: WW International is expected to report third-quarter revenue of $221.6 million, as compared to $249.7 million in the same period last year. Profit: The weight management services company is…
Live Nation Reports Record Quarter
Shares of Live Nation Entertainment Inc. (LYV) surged by nearly 4% in the extended session on Thursday. The Ticketmaster operator announced that it had achieved its "strongest quarter ever" as…
French Industrial Production Declines Again
France's industrial production continued to decline in September, signaling a slowdown in the eurozone's second-largest economy. Production Dips by 0.5% According to figures published by French statistics office Insee, production…
Maersk to Cut Thousands of Jobs as Profit Slumps
Container shipping giant A.P. Moller-Maersk (MAERSK A.DENMARK & MAERSK B.DENMARK) is set to slash jobs as its profit takes a significant hit. Maersk reported its third-quarter earnings before interest, taxes,…
Wall Street Optimistic About Uber’s Third-Quarter Earnings
Wall Street is buzzing with anticipation as Uber Technologies prepares to release its third-quarter earnings report. Analysts at KeyBanc Capital Markets, led by Justin Patterson, have upgraded Uber to Overweight…
Intesa Sanpaolo Raises 2023 Outlook
Intesa Sanpaolo, the Italian bank, has reported an increase in third-quarter earnings and has raised its outlook for 2023. The boost in earnings was driven by net interest income, and…
Block Inc. Focuses on Profitability: Analysts Provide Perspectives
Despite the different business endeavors of Block Inc. SQ, +11.69%, its recent emphasis on profitability has drawn comparisons to Meta’s META, +0.29% significant shift towards efficiency this year. This strategic…
Home REIT Provides Update on Rent Collection and Property Sales
Home REIT, a real-estate investment trust, has announced that rent collection in October, including arrears, accounted for 18% of the rent invoiced for the month. In addition, the company has…
Powerhouse Energy Group Pauses Publication of European Patent Specification
Powerhouse Energy Group has announced that the process to publish the specification of its European patent has been temporarily paused. The U.K. technology company received notification from the European Patent…
Oil Prices Rise as Russia and Saudi Arabia Extend Production Cuts
Oil prices saw an early increase on Monday as major exporters Russia and Saudi Arabia announced their commitment to maintaining additional voluntary production cuts until the end of the year.…
Beyond Inc.: A New Chapter in Leadership
Beyond Inc., formerly known as Overstock.com, is embarking on a new phase of growth with its rebranding under the Bed Bath & Beyond banner. The company has made significant changes…