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Tag: Tag: News in Brief

What’s in store for Ulta Beauty this earnings season? Analyst predicts lower margins – Ulta Beauty (NASDAQ:ULTA)

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What’s in store for Ulta Beauty this earnings season? Analyst predicts lower margins – Ulta Beauty (NASDAQ:ULTA)

JPMorgan Chase & Co. Analyst Christopher Horvers reiterated the “Overweight” rating for Ulta Beauty, Inc. ULTAwhich lowered the price prediction from $544 to $450. The company will report its results tomorrow after the market closes. Horvers lowered the second-quarter revenue forecast to unchanged, as most investors expect a result of -1%. The analyst has lowered […]

What’s happening to Walmart stock after Target’s strong Q2 results? – Walmart (NYSE:WMT)

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What’s happening to Walmart stock after Target’s strong Q2 results? – Walmart (NYSE:WMT)

Walmart Inc. WMT Shares are trading higher in the morning session on Wednesday. Retail and consumer discretionary stocks are trading higher after Target company TGT reported strong second-quarter results and raised its earnings forecast. Adjusted quarterly earnings per share were $2.57 (+40%), beating the Street view of $2.20. Target reported revenue of $25.45 billion (+2.7%), […]

Disney Parks Prices Explode, New Attractions Promise More Value – Walt Disney (NYSE:DIS)

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Disney Parks Prices Explode, New Attractions Promise More Value – Walt Disney (NYSE:DIS)

Walt Disney Co DIS recently announced a major series of projects for its parks and cruises and shared these plans with 12,000 of its most loyal fans. Despite the excitement surrounding these new offerings, the rising cost of a Disney trip leaves many families needing help to afford the experience, especially given current global inflation. […]

“Cisco is probably a safe place to park money if you’re worried about a recession, but not a good place if you’re expecting rate cuts”: Analyst – Cisco Systems (NASDAQ:CSCO)

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“Cisco is probably a safe place to park money if you’re worried about a recession, but not a good place if you’re expecting rate cuts”: Analyst – Cisco Systems (NASDAQ:CSCO)

Cisco Systems, Inc CSCO The stock rose in after-hours trading on Wednesday after the company reported positive fourth-quarter results. The share price remained up on Thursday. The results were released during an exciting earnings season. Here are some key insights from the analysts. Cisco reported fourth-quarter revenue of $13.64 billion, beating analysts’ consensus estimate 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 […]