Fiscal third-quarter revenue falls about $30 million short of Street’s expectations
Category: Market Watch
SK Innovation Shares Climb After New Battery Development
SK Innovation Co.’s shares climbed Friday after the South Korean energy company said it has developed new prismatic and other batteries for electric vehicles.
Dai Nippon Printing Shares Jump After Announcement of Big Buyback
Dai Nippon Printing Co.’s shares rose sharply Friday morning after the Japanese company announced a large share buyback and other steps to boost earnings and capital efficiency as part of a new mid-term plan.
Seven & I Shares Drop on Supermarket-Closure Plans
Seven & I Holdings Co. shares fell sharply Friday after the company said it will close some supermarket stores and exit the apparel business.
Endeavour Mining PLC 4Q Rev $617M
Endeavour Mining PLC said Thursday that it swung to a fourth quarter pretax loss on a one-off impairment of goodwill, though revenue rose.
Canopy Growth Corp. stock rises Wednesday, outperforms market
Shares of Canopy Growth Corp. WEED, +1.65% advanced 1.65% to C$3.08 Wednesday, in what proved to be an all-around positive trading session for the Canadian market, with the S&P/TSX Composite Index GSPTSE, +0.35% rising 0.35% to 20,346.53.
Most large cryptocurrencies decrease on Polkadot, Litecoin drops
Most of the largest cryptocurrencies were down during morning trading on Wednesday, with Polkadot DOTUSD seeing the biggest move, dropping 3.24% to $5.61.
Dow ends slightly lower, stocks finish mixed as higher Fed rate risk, upcoming jobs data worry Wall Street
U.S. stock indexes ended mixed on Wednesday, attempting to recover from Tuesday’s broad-based selloff following comments by Federal Reserve chairman Jerome Powell suggesting more interest rate rises may be necessary to tame inflation than investors were expecting.
Japanese stocks rise for fourth session as Hong Kong stocks drop
Asia-Pacific stocks mostly dropped Wednesday, March 8, with the Japanese market showing a fourth day of increases and shares in Hong Kong declining for the second day.
Saputo Inc. stock outperforms market despite losses on the day
Shares of Saputo Inc. SAP, -0.47% slid 0.47% to C$35.93 Tuesday, in what proved to be an all-around poor trading session for the Canadian market, with the S&P/TSX Composite Index GSPTSE, -1.17% falling 1.17% to 20,275.54. Saputo Inc. closed C$1.57 short of its 52-week high (C$37.50), which the company achieved on February 10th.
Trip.com Shares Drop Amid Market-Wide Selloff
Trip.com Group Ltd.’s Hong Kong-listed shares are trading lower amid a broader market selloff as investors weigh signs of potentially faster U.S. Federal Reserve interest rate increases, but analysts are largely bullish on the stock in the wake of an earnings beat this week.
Logitech Shares Fall After It Forecast Sales Decline
Shares in Switzerland-listed computer-equipment manufacturer Logitech International SA fell on Wednesday after the company forecast a sales decline in fiscal years 2023 and 2024.