Newsfeeds Archive - Page 396 of 19074

2 minute read

Ferguson’s Q3 Margins Expand Despite Continued Deflation – Details Here

June 4, 9:49 AM

Ferguson Plc reports Q3 net sales increase but faces modest price deflation. The company said its fiscal 2024 financial guidance reflects continued volume growth and resilient gross margin despite the impact of continuing mild deflation expected for the remainder of the fiscal year.

FERG

3 minute read

US Stocks Lower; Donaldson Earnings Beat Views

By Avi Kapoor

June 4, 9:46 AM

U.S. stocks traded lower this morning, with the Dow Jones falling more than 70 points on Tuesday. Following…

ALBT

5 minute read

Penny Stocks

EDA Woos Investors With Its Cross-Border e-Commerce Story

By The Bamboo Works

June 4, 9:27 AM

Key Takeaways: EDA’s revenue rose 71% last year on strong demand for its logistics services for Chinese cross-border e-commerce merchants The company’s “pre-sale stocking model” could give it an advantage as the direct-shipping model used by rivals Temu and Shein comes under fire in the U.S.

BZUN

1 minute read

Why Is Specialty Retailer Designer Brands’ Stock Plunging Today?

By Shivani Kumaresan

June 4, 9:27 AM

Designer Brands shares fell after disappointing Q1 FY24 earnings. Despite a 0.6% sales growth to $746.596 million, EPS of $0.080 missed estimates. Comparable sales dropped 2.5%, and the Operating income plunged 52.2% to $9.4 million.

DBI

2 minute read

Movers
News

What’s Going On With GameStop Stock Tuesday?

By Adam Eckert

June 4, 9:26 AM

GameStop shares surged Monday after Keith Gill, also known as "Roaring Kitty," posted a position update on Reddit, making his return to the platform following a three-year hiatus. E-Trade is reportedly trying to make a decision on whether to ban Gill from its trading platform for potential market manipulation.

GME

2 minute read

Stitch Fix Stock Flashes Bullish Technical Indicators Ahead Of Q3 Earnings

By Surbhi Jain

June 4, 9:25 AM

Stitch Fix (SFIX) will report its Q3 earnings with expected EPS of -23 cents and $306.12 million in revenue. Despite fluctuations, investors and analysts have a positive outlook on the personalized clothing company's growth potential.

SFIX

1 minute read

Flora Growth Forms Joint Venture With Althea Group Called ‘Peak USA JV LLC’ To Create Leading Beverages Brand In U.S. Market

By Benzinga Newsdesk

June 4, 9:21 AM

Flora and Althea have established Peak USA JV LLC ("Peak USA") - a 50/50 joint venture aiming to capitalize on the beverages market. Each party to the joint venture contributed $250,000 of operating capital.Peak USA will

FLGC

1 minute read

Diana Shipping Announces Time Charter Contract For m/v Polymnia With Reachy At A Gross Charter Rate Of $17,500 Per Day, Expected To Commence On June 8, 2024

By Benzinga Newsdesk

June 4, 9:18 AM

Diana Shipping Inc. (NYSE:DSX), (the "Company"), a global shipping company specializing in the ownership and bareboat charter-in of dry bulk vessels, today announced that, through a separate wholly-owned subsidiary, it

DSX