Sibanye-Stillwater Explores Use Cases For Rare Metal The Auto Sector Needs Less Of
Sibanye-Stillwater pivots palladium as more automakers shift to electric vehicles and the prices for the rare metal plummet.
Why Is Texas Roadhouse Stock Surging Premarket Friday?
Texas Roadhouse reported strong Q4 results, with revenue up 15.3% and EPS beating estimates. The company plans to implement a menu price increase of approximately 2.2% in late March.
EXCLUSIVE: Value Investor Is ‘Very Happy To Take Advantage’ Of Top Gold Miner At Historical Discount
Gold stocks at 50-80% discount present a unique opportunity. Newmont is undervalued despite 10% rise in gold prices.
Banks With High Commercial Real Estate Loan Exposure In Regulatory Spotlight: Valley National Bancorp And 15 Others To Watch
US banks with large CRE loan portfolios face increased regulatory scrutiny, but NYCB stands out with steady growth despite exceeding threshold.
S&P Reclaims 5,000 As Disappointing Retail Sales Put Fed Cuts Back On Track, Small Caps Shine: What’s Driving Markets Thursday?
US stocks surge on strong earnings and speculation of Fed rate cuts. S&P 500 rebounds past 5000, Nasdaq 100 pauses. Small caps outperform. Tesla, Wells Fargo, and CBRE rally on positive news while Deer & Antero Resources shares drop. Other companies react to earnings.
Government Service Provider GEO Group Shares Are Higher Today: What’s Going On?
GEO Group reported Q4 FY23 revenue of $608.3M, beating consensus. Adjusted EBITDA fell to $129M while adjusted EPS of $0.29 surpassed consensus. Company reduced total net debt by $197M.
Why Coking Coal Provider Arch Resources Shares Are Diving Today
Arch Resources reported mixed Q4 financial results, with revenue beating estimates and EPS missing it. The company expects a step-up in coking coal production as well as another first-quartile cost performance in 2024.
Frosty Outlook For Wendy’s: Underwhelming Q4 Results Amid Rising Digital Sales And Global Expansion
Wendy's reports lower Q4 FY23 results with sales growth of 0.8%, adjusted EPS miss of $0.21, and lower FY24 guidance.
Why Clothing Company HanesBrands Shares Are Tumbling Today
HanesBrands shares are down on lower Q4 FY23 results, missing sales estimate, with Y/Y declines in all segments and adjusted EPS below consensus. The company plans to pay down debt and provides Q1 guidance below estimates.
Valentine’s Day Chocolate This Year Isn’t So Sweet As Cocoa Inflation Tops 100%
Investors can consider chocolate companies like Mondelez, owner of brands such as Cadbury and Milka; Hershey's; and Lindt.