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Lekha Gupta

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Granite Construction Boosts Footprint In Memphis Metropolitan Area, Raises FY24 Sales Outlook

By Lekha Gupta
December 5, 2:08 PM
Granite Construction Inc (NYSE: GVA) disclosed the acquisition of Lehman-Roberts Company (LRC) and Memphis Stone & Gravel Company (MSG) 

GVA

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Why Diamond Jewelry Retailer Signet’s Shares Are Gaining Today

By Lekha Gupta
December 5, 12:38 PM
Signet Jewelers Ltd (NYSE: SIG) shares are trading higher by around 4% after it reported Q3 FY24 results. Sales declined 12.1% YY to $1.392 billion, marginally beating the analyst consensus of $1.390 billion.

SIG

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Why Plumbing And Heating Products Distributor Ferguson Shares Are Surging Today

By Lekha Gupta
December 5, 11:17 AM
Ferguson PLC (NYSE: FERG) shares are trading higher after it reported Q1 FY24 results.

FERG

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AutoZone’s Q1 Revenue Misses By A Whisker Despite Same-Store Sales Growth: Here’s Details

By Lekha Gupta
December 5, 9:30 AM
AutoZone Inc (NYSE: AZO) reported Q1 FY24 sales growth of 5.1% Y/Y to $4.19 billion, marginally missing the analyst 

AZO

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Kinder Morgan’s 2024 Vision: Solid Growth, Strategic Investments, Dividend Payouts & More

By Lekha Gupta
December 5, 8:19 AM
Kinder Morgan Inc (NYSE: KMI) disclosed preliminary 2024 financial forecasts projecting net income attributable per share of $1.21 (+11% Y/Y), DCF per share of $2.21 (+5% Y/Y), and Adjusted EBITDA of 

KMI

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Ericsson Shares Jump After Winning Largest Deal Financially In Its History: Details

By Lekha Gupta
December 5, 7:06 AM
Telefonaktiebolaget L M Ericsson (NASDAQ: ERIC) shares are trading higher by 4% after it got chosen by AT&T Inc (NYSE: T) to lead the United States in commercial-scale 

ERIC

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Telefonica To Cut Around 5,100 Jobs In Spain By 2026: Report

By Lekha Gupta
December 5, 6:37 AM
Spain's leading telecom company, Telefonica SA (NYSE: TEF), reportedly disclosed to the unions its plans to cut about 5,100 jobs in Spain by 2026. The move reflects efforts to lower costs and adapt the company's size to the current market, reported Reuters.

TEF

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Exploration & Production Company Antero To Witness Depressed Investor Sentiment, Analyst Cautions

By Lekha Gupta
December 4, 3:17 PM
Truist Securities analyst Bertrand Donnes downgraded Antero Resources Corp (NYSE: AR) to Hold from Buy with a lowered 

AR

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Multifamily REITs Face Pricing Challenges Amid Competitive Pressures: Analyst Adjusts Outlook For CPT And MAA

By Lekha Gupta
December 4, 2:23 PM
Wedbush analyst Richard Anderson cut the price target and estimates for Mid-America Apartment Communities Inc (NYSE: MAA) and Camden Property Trust (NYSE: CPT). 

CPT

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IBM Goes Big On Quantum Computing Game, Extends Development Roadmap To 2033

By Lekha Gupta
December 4, 1:34 PM
International Business Machines Corp (NYSE: IBM) launches 'IBM Quantum Heron,' the first in a new series 

IBM

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