Font size Investors will receive one preferred share for each common share they own. Jeenah Moon / Bloomberg AMC Entertainment finally give “apes” what they want. The movie theater company has combined its second-quarter earnings report with the news that it is paying a special dividend to its AMC Preferred Share Units. AMC preferred stock … Read more
Font size Financial services company SoFi saw a 50% increase in revenue year-over-year. SoFi technology Stocks rose on Wednesday, a day after the financial services company announced a record quarterly revenue and provide guidance for fiscal year 2022. SoFi (code: SOFI ) reported a second-quarter adjusted loss of 12 cents a share on revenue of … Read more
Font size Occidental stock has doubled this year and is the top performing stock in the S&P 500, Callaghan O’Hare / Bloomberg Warren Buffett may like Mysterious Oil ‘S second quarter earnings report. Mystic Oil (Stock OXY), where Buffett’s Berkshire Hathaway (BRK/A, BRK/B) is the largest shareholder, topping profit estimates, has paid off nearly $5 … Read more
Font size Caterpillar earnings and sales for the second quarter beat Wall Street expectations. Bernd Lauter / AFP via Getty Images Caterpillar reported second-quarter numbers that beat Wall Street estimates. However, shares fell early Tuesday. Investors are worried about slowing sales from Cat dealers. Caterpillar (code: CAT) report $3.18 in adjusted earnings per share from … Read more
Shares of Roku Inc. fell to a record drop on Friday after the streaming company admitted a “significant drop” in ad spend helped push it to weaker-than-expected results and could linger beyond the near quarter. best. “Consumers have begun to curtail discretionary spending and advertisers have dramatically cut spending in the ad-distributed (TV ads purchased … Read more
Amazon.com Inc. decided to cut back after years of pouring money into growth and resulting in a second straight quarter loss, but a sales beat and continued strong growth from Amazon Web Services helped propel Stocks edged higher in after-hours trading Thursday. Amazon AMZN, + 1.08% reported a second-quarter loss of $2 billion, or 20 … Read more
Font size Sales fell in Roku’s online music player business. Justin Sullivan / Getty Images Five is the latest victim of a slowing advertising market. Shares of the tethered TV company fell after the streaming company warned investors that slowing advertising and consumer spending would hurt sales. Five (ticker: ROKU) reported a second-quarter net loss … Read more
Yahoo was once the most popular website on the planet, the only place that everyone on the internet seemed to touch at least once during an online session. However, after an unfortunate slide, Yahoo is just another site that has a following with fans in certain parts of Asia and offers some niche products. Did … Read more
Yahoo was once the most popular website on the planet, the only place that everyone on the internet seemed to touch at least once during an online session. However, after an unfortunate slide, Yahoo is just another site that has a following with fans in certain parts of Asia and offers some niche products. Did … Read more
Font size Ford’s Halewood plant in Liverpool, England. Paul Ellis / AFP via Getty Images Investors were hoping for a strong income prospects from Ford Motor . They got it – and the stock is skyrocketing. Wednesday evening, Ford (code: F) report profit of 68 cents a share and operating profit of $3.7 billion on … Read more