Day: November 26, 2024
‘Cargojet is expensive’: Short seller bets against Canada’s largest cargo airline
A London-based hedge fund is betting against Cargojet , Canada’s largest cargo airline, citing concerns about the company’s aging fleet, accounting practices, and leadership style. Edgar Allen, founder and chief investment officer of High Ground Investment Management, revealed his firm’s bearish stance on Cargojet during the Sohn investment conference on Nov. 20. The Ontario-based air […]
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Priceline CEO Brett Keller says U.S. seeing ‘good healthy travel trends’ through the holidays
ShareShare Article via FacebookShare Article via TwitterShare Article via LinkedInShare Article via Email Closing Bell: Overtime Brett Keller, Priceline CEO, joins ‘Closing Bell Overtime’ to talk what to expect out of holiday travel this year. 03:23 2 minutes ago Source
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Stocks making the biggest moves after hours: Dell Technologies, Autodesk, Workday and more
Check out the companies making headlines in after-hours trading. Ambarella – Shares of the semiconductor design company soared 20% on the back of a rosy outlook. Ambarella is calling for fourth-quarter revenue of $76 million to $80 million, while analysts polled by LSEG anticipated $69 million. Third-quarter adjusted earnings and revenue also topped the Street’s […]
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Workday stock slips on light quarterly forecast
Workday CEO Carl Eschenbach walks to a morning session at the Allen & Company Sun Valley Conference in Sun Valley, Idaho, on July 14, 2023. Kevin Dietsch | Getty Images Workday shares slipped as much as 8% in extended trading on Tuesday after the human resources and finance software maker issued a quarterly forecast that […]
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HP forecasts Q1 profit below estimates on sluggish demand in PC market
A sign is posted in front of a Hewlett-Packard (HP) office on May 29, 2024 in Palo Alto, California. Justin Sullivan | Getty Images HP forecast its first-quarter profit below Wall Street expectations on Tuesday, in a sign of persistent choppiness in demand in the personal computers market. PC makers have seen demand retreat from […]
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Dell shares fall on light revenue despite growing AI sales
Michael Dell, chairman and chief executive officer of Dell Inc., speaks during the Dell Technologies World conference in Las Vegas, Nevada, US, on Monday, May 20, 2024. Bridget Bennett | Bloomberg | Getty Images Dell Technologies reported quarterly earnings on Tuesday that beat analyst expectations for earnings per share but came up light on overall […]
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Nordstrom tops Wall Street’s earnings expectations, as shoppers buy more clothes and shoes
A sign marks the location of a Nordstrom store in a shopping mall on March 20, 2024 in Chicago, Illinois. Scott Olson | Getty Images Nordstrom on Tuesday beat Wall Street’s quarterly sales expectations, as revenue grew about 4% year over year from shoppers buying clothing, shoes and activewear at both the company’s namesake department […]
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Israel-Lebanon permanent ceasefire has been accepted, Biden says
Israel and Lebanon’s Hezbollah on Tuesday agreed to a permanent ceasefire in cross-border hostilities, following a year-long conflict between the Jewish state and Iranian-backed groups. President Joe Biden announced the deal, which was brokered by France and the U.S. “Under the deal reached today, effective at 4:00 a.m. tomorrow, local time, the fighting across the […]
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Healthy Returns: Trump’s FDA pick Makary may be a relief for biotech and pharma, analysts say
Dr. Marty Makary on December 12, 2018 in New York City. Noam Galai | Getty Images A version of this article first appeared in CNBC’s Healthy Returns newsletter, which brings the latest health-care news straight to your inbox. Subscribe here to receive future editions. Happy Tuesday! President-elect Donald Trump’s pick to lead the Food and […]
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This startup makes thrifting furniture far easier, even for big retailers like Pottery Barn
Furniture waste is a growing concern as consumers and companies seek to reduce carbon emissions. In the U.S. alone, we throw out roughly 12 million tons of furniture every year, according to the Environmental Protection Agency, leaving it to rot in landfills. Most of it is less than fifteen years old. Recycling furniture can be […]
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