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Market updates
Even dollar store chains are seeing a pullback in spending as higher prices squeeze more consumers
September 04, 2024 10:15 PM AEST| By EODHDDollar Tree is slashing its full-year earnings and sales forecasts as its customers continue to struggle with higher prices and spend less. Shares tumbled more than 12% before the opening bell Wednesd...
Osisko Gold Royalties Providing Select Asset Updates
September 04, 2024 10:10 PM AEST| By EODHDOsisko Gold Royalties Providing Select Asset Updates
Cognizant to Present at the Goldman Sachs Communacopia + Technology Conference
September 04, 2024 10:00 PM AEST| By EODHDTEANECK, N.J., Sept. 4, 2024 /PRNewswire/ -- Cognizant (Nasdaq: CTSH), a leading provider of information technology, consulting, and business process services, today announced a presentation at the fo...
New Study from Humana Healthcare Research and Harvard University Reveals Better Access to Primary Care for Seniors Receiving Care from Senior-Focused Primary Care Organizations
September 04, 2024 10:00 PM AEST| By EODHDHumana Inc., one of the nation’s leading health and well-being companies, recently published a study on senior-focused primary care — a value-based care model that tailors the environment and services...
Kohl's Celebrates Life’s Real Moments with New Brand Platform, "Where Families Come First"
September 04, 2024 10:00 PM AEST| By EODHDKohl’s debuts brand refresh anchored in the authenticity of the everyday moments that make life beautiful Shoppers will receive instant Kohl’s Cash coupons in-store from September 6-8 during the Kohl’...
Conagra Brands to Release Fiscal 2025 First Quarter Earnings on October 2, 2024
September 04, 2024 09:30 PM AEST| By EODHDCHICAGO, Sept. 4, 2024 /PRNewswire/ -- Conagra Brands, Inc. (NYSE: CAG) will release its fiscal 2025 first quarter results on Wednesday, October 2, 2024. A press release and supplemental materials, in...
Red Lobster’s New Millennial CEO Doesn’t Practice Work-Life Balance: ‘My Work Is My Life’
September 04, 2024 09:30 PM AEST| By EODHDDamola Adamolekun is the new CEO of Red Lobster. His goal: get the restaurant chain out of the red. Following a headline-making bankruptcy, the seafood eatery is now owned by Fortress Investment Group...
Ciena: Fiscal Q3 Earnings Snapshot
September 04, 2024 09:09 PM AEST| By EODHDHANOVER, Md. (AP) — HANOVER, Md. (AP) — Ciena Corp. (CIEN) on Wednesday reported fiscal third-quarter profit of $14.2 million. The Hanover, Maryland-based company said it had profit of 10 cents per sh...
Hormel Foods cuts annual sales forecast on lower turkey prices
September 04, 2024 08:58 PM AEST| By EODHD(Reuters) - Skippy peanut butter maker Hormel Foods cut its annual sales forecast on Wednesday, hurt by lower commodity prices and a production disruption at its Planters brand manufacturing facility...
Volkswagen CEO Oliver Blume will spar with one of Germany’s fiercest worker groups over his €10 billion cost-cutting plan to save the carmaker
September 04, 2024 08:46 PM AEST| By EODHDLess than 48 hours after Volkswagen said it was considering historic factory closures, the German automaker will face another test: facing down one of the world's most powerful labor groups. The air i...
Hormel: Fiscal Q3 Earnings Snapshot
September 04, 2024 08:40 PM AEST| By EODHDAUSTIN, Minn. (AP) — AUSTIN, Minn. (AP) — Hormel Foods Corp. (HRL) on Wednesday reported fiscal third-quarter net income of $176.7 million. On a per-share basis, the Austin, Minnesota-based company sa...
New Broadridge Whitepaper Highlights Operational Resilience and DORA Compliance Challenges Facing Global Financial Services
September 04, 2024 04:00 PM AEST| By EODHDEU regulatory deadline requires a prompt industry response; globally, operational resiliency shortfalls can be addressed and scaled via mutualized services NEW YORK and LONDON, Sept. 4, 2024 /PRNewswi...
Indivior Provides Update on Aelis Farma's Clinical Phase 2B Study Results with AEF0117 in Participants with Cannabis Use Disorder
September 04, 2024 04:00 PM AEST| By EODHDTHIS ANNOUNCEMENT CONTAINS INSIDE INFORMATION FOR THE PURPOSES OF ARTICLE 7 OF THE MARKET ABUSE REGULATION (EU) 596/2014 (AS IT FORMS PART OF DOMESTIC LAW IN THE UK BY VIRTUE OF THE EUROPEAN UNION (WI...
Asian Chip Stocks Stumble as Recession Fears Resurface, Nvidia Slides
September 04, 2024 02:52 PM AEST| By EODHDAsian chip stocks took a hit on Wednesday as markets were unnerved by artificial-intelligence chip giant Nvidia’s slump overnight and renewed fears of an economic slowdown. Continue reading View comme...
Credit-Rating Providers Settle With SEC Over Off-Channel Communication Violations
September 04, 2024 10:12 AM AEST| By EODHDSix credit-rating providers, including Moody’s and S&P, agreed to pay a total of $49 million in civil penalties in the latest settlement with the SEC over off-channel communications. Continue reading...
Asia Report: Markets Drop on New US Economic Concerns
September 04, 2024 09:00 AM AEST| By Team Kalkine MediaAsia-Pacific markets experienced a sharp decline on Wednesday, with Japan facing its most significant single-day drop since early August. This downturn was largely influenced by a sell-off in US technology stocks and weaker economic data from the US,...
Altman Infrastructure Plan Aims to Spend Tens of Billions in US
September 04, 2024 08:06 AM AEST| By EODHD(Bloomberg) -- OpenAI Chief Executive Officer Sam Altman’s plans to rally global investors around building infrastructure to support the growth of artificial intelligence are coming into clearer focus...
Salesforce to acquire AI voice agent firm Tenyx, joining AI talent race
September 04, 2024 07:38 AM AEST| By EODHDEnterprise cloud firm Salesforce on Tuesday said it has agreed to acquire Tenyx, which develops artificial intelligence-powered voice agents, to advance its AI-driven solutions.
State Street to Speak at Barclays Global Financial Services Conference
September 04, 2024 07:30 AM AEST| By EODHDBOSTON, September 03, 2024--(BUSINESS WIRE)--State Street Corporation (NYSE: STT) announced today that its Vice Chairman and Chief Financial Officer, Eric Aboaf, and Chief Operating Officer, Mostapha...
News Corp's Move, Inc. to Participate in Goldman Sachs Communacopia + Technology Conference
September 04, 2024 07:15 AM AEST| By EODHDNEW YORK, September 03, 2024--(BUSINESS WIRE)--News Corp announced today that Move, Inc., operator of Realtor.com®, Chief Executive Officer Damian Eales will participate in the Goldman Sachs Communaco...
AI on the Rise: A Look at Top AI Companies and Their Stocks