Five hot small-cap stocks that gave over 390% return YTD
Small-cap stocks are publicly traded companies with a market cap of between US$300 million and US$ 2 billion. The share prices of these companies can be volatile at times. Hence, some small-cap stocks sometimes climb higher than their peers. Howev...
- October 21, 2021 04:56 PM PDT
- Ipsita Sarkar
Dow Inc. (DOW) total revenue jumps 53% in third quarter
Highlights Dow Inc’s (NYSE: DOW) net sales were up 53% YoY to US$14.8 billion, and the GAAP EPS was US$2.23 in the quarter. The GAAP net income was US$1.7 billion, while the operating EBIT1 was US$2.9 billion, up over US$2.1 billion from ...
- October 21, 2021 04:38 PM PDT
- Sanjeeb Baruah
American Airlines Group (AAL) posts third-quarter profit of US$169 million
Highlights American Airlines’ net profit was US$169 million, or US$0.25 per diluted share, in the third quarter. The Texas-based airline plans to operate over 6,000 daily flights during peak days in the fourth quarter. Its average daily ...
- October 21, 2021 03:18 PM PDT
- Sanjeeb Baruah
IBM stock dives 9% after lackluster third-quarter results
Highlights IBM’s (NYSE: IBM) revenue rose by 0.3% YoY to US$17.6 billion in the quarter. The net cash from operating activities was US$2.7 billion. Its revenue from cloud & cognitive software was US$5.7 billion, up 2.5% YoY, and cloud...
- October 21, 2021 01:44 PM PDT
- Sanjeeb Baruah
Crocs Inc. (CROX) stock jumps on strong Q3 results, revenue guidance
Highlights Crocs’ revenue jumped 73.0% YoY to US$625.9 million, helped by strong sales growth, mainly in the Americas, followed by Asia Pacific, Europe, Middle East, and Africa. The company’s online sales accounted for 36.8% of the ...
- October 21, 2021 12:20 PM PDT
- Sanjeeb Baruah
SAP SE (SAP) raises guidance, Union Pacific (UNP) posts higher profits
Highlights SAP SE (NYSE: SAP) adjusted revenue surged 5% YoY in Q3, FY21. SAP expects its cloud and software revenue to be between €23.8 billion and €24.2 billion in FY21. Union Pacific Corporation’s (NYSE: UNP) operating reven...
- October 21, 2021 11:20 AM PDT
- Ipsita Sarkar
Southwest Airlines’ (LUV) Q3 revenue up YoY but down from 2019 levels
Highlights Southwest Airlines Co’s (NYSE: LUV) operating revenues rose by 161.0% YoY to YS$4.7 billion but fell 17.0% compared with Q3 of 2019 due to the pandemic. The company’s operating revenue per available seat mile (RASM) was ...
- October 21, 2021 10:38 AM PDT
- Sanjeeb Baruah
Blackstone (BX), Freeport (DCX) post record Q3 earnings as sales soar
Highlights Blackstone Inc’s (NYSE: BX) earnings were US$1.4 billion, or US$1.94 a share, compared to US$794.7 million, or US$1.13 a share, a year earlier. Blackstone’s distributable earnings more than doubled to US$1.6 billion in th...
- October 21, 2021 09:28 AM PDT
- Sanjeeb Baruah
Danaher (DHR), AT&T (T) profit soars in Q3, beat expectations
Highlights Danaher Corporation’s (NYSE: DHR) gross profit was US$4.35 billion in Q3, FY21. AT&T Inc. (NYSE: T) adds 928,000 postpaid phone subscribers in the third quarter. AT&T’s operating income was US$7.10 billion in Q3,...
- October 21, 2021 08:19 AM PDT
- Ipsita Sarkar