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S&P 500 Loses Ground This Week Ahead Of Fed Interest Rate Decision: What Investors Need To Know
Friday, December 9, 2022 - 5:49pm | 687The S&P 500 traded lower in its worst week since September on renewed concerns over inflation and interest rates. On Friday, the U.S. Labor Department reported a 7.4% increase in the producer price index in the month of November, down from peak growth of 11.7% in March but above economist...
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Why Ambrx Biopharma Shares Are Trading Higher By Over 550%? Here Are 52 Stocks Moving In Friday's Mid-Day Session
Friday, December 9, 2022 - 2:48pm | 1807Gainers Ambrx Biopharma Inc. (NYSE: AMAM) shares jumped 551.4% to $2.67 after the company announced preliminary Phase 2 results from its ACE-Breast-03 study showing a 57.1% overall response rate. ClearOne, Inc. (NASDAQ: CLRO) gained 85% to $1.51 after the company and Shure Incorporated announced...
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Lululemon, Li Auto, Hackett Group And Some Other Big Stocks Moving Lower On Friday
Friday, December 9, 2022 - 11:55am | 507U.S. stocks traded lower, with the Dow Jones jumping around 70 points on Friday. Here are some big stocks recording losses in today’s session. Meta Materials Inc. (NASDAQ: MMAT) shares tumbled 24.6% to $1.3799. Meta Materials recently announced FINRA has processed and announced the corporate...
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Lululemon, Broadcom And 3 Stocks To Watch Heading Into Friday
Friday, December 9, 2022 - 5:09am | 323With US stock futures trading higher this morning on Friday, some of the stocks that may grab investor focus today are as follows: Wall Street expects Johnson Outdoors Inc. (NASDAQ: JOUT) to report quarterly earnings at $0.37 per share on revenue of $168.57 million before the opening bell....
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Lowe's On Right Track With Its Long-Terms Goals In Place, Says Analyst
Thursday, December 8, 2022 - 2:29pm | 352Telsey Advisory Group analyst Joseph Feldman reiterates an Outperform rating on the shares of Lowe’s Companies Inc (NYSE: LOW) and lowered the price target from $255 to $250. The company announced long-term growth strategies at its investor conference on...
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Lee Enterprises Clocks 31% Digital Revenue Growth In Q4
Thursday, December 8, 2022 - 12:44pm | 191Lee Enterprises Inc (NASDAQ: LEE) reported fourth-quarter FY22 sales of $193.64 million, flat Y/Y. Digital revenue climbed 31% Y/Y to $65 million. Digital-only subscribers totaled 532,000, a 32% Y/Y growth. Operating expenses rose 9.2% to $198.6 million. Operating loss for the quarter...
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Lowe's To Rally Around 19%? Here Are 10 Other Price Target Changes For Thursday
Thursday, December 8, 2022 - 9:04am | 570Goldman Sachs raised Lowe's Companies, Inc. (NYSE: LOW) price target from $241 to $246. . Goldman Sachs analyst Kate McShane maintained a Buy rating on the stock. Lowe's shares fell 0.1% to $206.70 in pre-market trading. Stephens & Co. boosted NCR Corporation (NYSE: NCR) price...
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Why These Lululemon Analysts Have Boosted Their Price Targets Ahead Of Earnings
Thursday, December 8, 2022 - 8:25am | 377Lululemon Athletica Inc. (NASDAQ: LULU) is expected to report quarterly earnings Lululemon is projected to post quarterly earnings at $1.96 per share on revenue of $1.81 billion. Lululemon shares gained 0.7% to $374.76 in pre-market trading. Benzinga readers can access the latest analyst ratings on...
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Ciena, Costco And 3 Stocks To Watch Heading Into Thursday
Thursday, December 8, 2022 - 5:02am | 325With US stock futures trading slightly lower this morning on Thursday, some of the stocks that may grab investor focus today are as follows: Wall Street expects Ciena Corporation (NYSE: CIEN) to report quarterly earnings at $0.08 per share on revenue of $846.95 million before the opening bell...
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Investor Sentiment Drops Further After S&P 500 Falls For Fifth Session
Thursday, December 8, 2022 - 4:05am | 273The CNN Money Fear and Greed index showed slight easing in the overall market sentiment after the S&P 500 index dropped for a fifth session. US markets wavered between gains and losses in volatile trading session on Wednesday amid recession concerns. Markets are expecting the Federal Reserve to...
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Washout: Stocks Continue to Sag After Falling Four-Straight Sessions
Wednesday, December 7, 2022 - 4:20pm | 2470(Wednesday Market Open) The market didn’t get the memo that this was supposed to be a quiet week. Instead, Monday and Tuesday saw steep losses for the major indexes, including the worst two-day stretch for the S&P 500® index (SPX) since November 1-2. That previous sell-...
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Lowe's Affirms FY22 Outlook; Adds $15B To Stock Buyback Plan
Wednesday, December 7, 2022 - 8:03am | 275Lowe’s Companies Inc (NYSE: LOW) plans to provide an update on its key growth initiatives and long-term financial targets at its 2022 Analyst and Investor Conference today in New York City. The company affirmed its FY22 outlook for sales of $97 billion - $98 billion (...
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These Analysts Boost Price Targets On Lululemon Athletica Ahead Of Q3 Results
Monday, December 5, 2022 - 1:39pm | 207Lululemon Athletica Inc. (NASDAQ: LULU) is scheduled to release results for its third quarter fiscal 2022 on Thursday, December 8, 2022. Analysts expect Lululemon to report quarterly earnings of $1.96 per share, up from $1.62 per share in the year-ago period. The company’s revenue might...
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VF Corp, Verve Therapeutics And Some Other Big Stocks Moving Lower On Monday
Monday, December 5, 2022 - 11:57am | 608U.S. stocks traded lower, with the Dow Jones dropping over 200 points on Monday. Here are some big stocks recording losses in today’s session. Meihua International Medical Technologies Co., Ltd. (NASDAQ: MHUA) shares tumbled 25% to $9.96. Meihua International Medical Technologies named Mr....
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Yum! Brands To Rally Around 20%? Here Are 10 Other Price Target Changes For Monday
Monday, December 5, 2022 - 9:03am | 570Cowen & Co. raised Yum! Brands, Inc. (NYSE: YUM) price target from $130 to $155. . Cowen & Co. analyst Andrew Charles maintained an Outperform rating on the stock. Yum! Brands shares rose 0.4% to close at $129.68 on Friday. Piper Sandler cut Broadcom Inc. (NASDAQ: AVGO) price target...