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Tag: Category: Large Cap

Walmart gears up for holidays with multichannel solutions, import improvements after JD stake sale – Walmart (NYSE:WMT)

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Walmart gears up for holidays with multichannel solutions, import improvements after JD stake sale – Walmart (NYSE:WMT)

Walmart Inc. WMT Shares are trading higher in premarket trading on Wednesday. On Tuesday, the retail giant announced several new initiatives ahead of the holiday season. Initiatives include category expansion, multi-channel order fulfillment and new features to simplify cross-market selling. The company announced the expansion of the Premium Beauty, Secondhand and Collectibles categories. In addition, […]

Report: Exxon Mobil Considers Selling Permian Assets to Fuel Shale Expansion – Exxon Mobil (NYSE:XOM)

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Report: Exxon Mobil Considers Selling Permian Assets to Fuel Shale Expansion – Exxon Mobil (NYSE:XOM)

ExxonMobil Corporation XOM is reportedly planning to sell conventional oil reserves in the Permian Basin that could be worth $1 billion. The company plans to shift its focus to expanding shale production after completing the $60 billion acquisition of Pioneer Natural Resources Co. in May, Bloomberg reported. Read: Report: Exxon Mobil cuts staff after merger […]

Performance Food Group sees tailwind from disinflation in 2025 – SpartanNash (NASDAQ:SPTN), Performance Food Gr (NYSE:PFGC)

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Performance Food Group sees tailwind from disinflation in 2025 – SpartanNash (NASDAQ:SPTN), Performance Food Gr (NYSE:PFGC)

Performance Food Group Co. PFGC is one of the largest food distributors in the United States. The company sources, markets and delivers food and food-related products to over 125,000 food service businesses through a network of over 150 distribution facilities. The company is acquiring food distributor Cheney Brothers for $2.1 billion, which will expand its […]

Home Depot shares fall despite beating earnings forecast on forecast – Lowe’s Companies (NYSE:LOW), Home Depot (NYSE:HD)

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Home Depot shares fall despite beating earnings forecast on forecast – Lowe’s Companies (NYSE:LOW), Home Depot (NYSE:HD)

Home Depot HD released its second-quarter earnings report and presented a mixed picture to investors. While the company beat Home Depot analysts’ earnings estimates, its lowered comparable sales forecast for fiscal 2024 caused Home Depot’s share price to decline. Following the announcement, Home Depot shares fell about 5% in premarket trading but recovered some losses […]

Hindustan Zinc falls amid Vedanta’s plans to sell a major stake at a discount and reports of a special dividend of ₹8,000 crore

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Hindustan Zinc falls amid Vedanta’s plans to sell a major stake at a discount and reports of a special dividend of ₹8,000 crore

Shares of Hindustan Zinc fell on Friday on reports that the company’s parent company, Vedanta GmbHis looking to offload a major portion of its stake in the company through an offer for sale (OFS) at a discount. Hindustan Zinc is also reportedly planning to announce a large special dividend to its shareholders. What happened: Anil […]

Walmart’s fourth-quarter outlook clouded by consumer spending concerns: JP Morgan analyst – Walmart (NYSE:WMT)

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Walmart’s fourth-quarter outlook clouded by consumer spending concerns: JP Morgan analyst – Walmart (NYSE:WMT)

Walmart Inc WMT Shares are trading higher on Thursday after the company reported strong second-quarter 2025 results and raised its full-year guidance. The retailer reported adjusted earnings per share of $0.67 (+9.8% y/y), beating the $0.64 forecast. Its revenue was $169.34 billion, beating the $168.57 billion forecast. Walmart expects third-quarter adjusted earnings per share of […]

Walmart Q2 results: E-commerce and advertising businesses boost sales and profits, annual forecast raised – Walmart (NYSE:WMT)

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Walmart Q2 results: E-commerce and advertising businesses boost sales and profits, annual forecast raised – Walmart (NYSE:WMT)

Walmart Inc WMT Shares are trading higher on Thursday after the company reported strong second-quarter 2025 results and raised its full-year guidance. The retailer reported adjusted earnings per share of $0.67 (+9.8% y/y), beating the forecast of $0.64. Revenue was $169.34 billion, up 4.8% year-over-year or 5.0% at constant currency, and exceeded the forecast of […]

Cheniere Energy Mixed Q2 Results: Profit Declines on Lower Gas Prices – Cheniere Energy (NYSE:LNG)

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Cheniere Energy Mixed Q2 Results: Profit Declines on Lower Gas Prices – Cheniere Energy (NYSE:LNG)

Cheniere Energy, Inc. Liquefied petroleum gas reported second-quarter FY24 revenue of $3.251 billion, down 21% year-over-year and below consensus of $3.518 billion. Adjusted EBITDA decreased 29% year-over-year to $1.32 billion, primarily due to lower international gas prices and a higher proportion of LNG sold under long-term contracts, resulting in lower margins per MMBtu of LNG […]