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Lekha Gupta

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NatWest Buys Back Stock Worth £1.26B From UK Government, Reduces Latter’s Stake to 38.6%

By Lekha Gupta
May 22, 6:32 AM
NatWest Group PLC (NYSE:NWG) disclosed buying back its shares worth £1.26 billion from the UK government. The off-market purchase amounts to…

NWG

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Wendy’s Is Undervalued Compared To Peers, Analyst Says While Flagging Some Concerns

By Lekha Gupta
May 19, 1:55 PM
Argus Research analyst John Staszak upgraded The Wendy’s Co (NASDAQ:WEN) to Buy from Hold at a price target of $26.  The analyst…

WEN

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Farfetch Stock Is Shooting Higher: Here’s Why

By Lekha Gupta
May 19, 12:45 PM
Farfetch Ltd (NYSE: FTCH) reported Q1 2023 sales growth of 8% Y/Y (+12% Y/Y in constant currencies) to $556.4 million, 

FTCH

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Noodles & Co Stock Tumbles: CFO Resigns, Analyst Professed A Distaste On Low Traffic

By Lekha Gupta
May 19, 12:36 PM
Stephens & Co analyst Joshua Long downgraded Noodles & Co (NASDAQ:NDLS) to Equal-Weight from Overweight at a reduced price target of $5…

NDLS

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Intercontinental Exchange Achieves Record Trading In RINs On Strong Demand

By Lekha Gupta
May 19, 12:26 PM
Intercontinental Exchange Inc (NYSE:ICE) reported record trading in U.S. Renewable Identification Numbers (RINs) led by strong demand. RINs are credits…

ICE

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RBC Q4 Earnings By The Numbers: Guides Q1 Above Consensus

By Lekha Gupta
May 19, 12:20 PM
RBC Bearings Inc (NYSE:RBC) reported a Q4 FY23 net sales increase of 9.9% Y/Y to $394.4 million beating the consensus…

RBC

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Newmont Taps Former Hess Director As CFO On Heels Of $19B Newcrest Acquisition

By Lekha Gupta
May 19, 10:59 AM
Newmont Corp (NYSE: NEM) appointed Karyn Ovelman Executive Vice President a

FLS

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Lazard CEO To Resign, Names Replacement: Report

By Lekha Gupta
May 19, 9:17 AM
Lazard Ltd (NYSE: LAZ) CEO, Ken Jacobs, is anticipated to resign from his post for undisclosed reasons. As per the sources, Jacobs will continue to work with clients at Lazard post-resigning.

LAZ

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What’s Going On With Peloton Interactive Today

By Lekha Gupta
May 19, 9:13 AM
Peloton Interactive Inc (NASDAQ: PTON) announced a rear safety guard for its recalled Tread+ treadmill.  

PTON

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DXC Technology Stock Falls After Q4 Earnings, Names New CFO

By Lekha Gupta
May 19, 7:48 AM
DXC Technology Co (NYSE:DXC) reported a Q4 FY23 revenue decline of 10.4% Y/Y (-2.9% organically) to $3.59 billion, missing the…

DXC

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