Lowe's Companies Inc
These stocks have major earnings mojo heading into a difficult reporting season
Investors anticipating a choppy earnings season could look into these nine companies with a track record for earnings surprises, a CNBC Pro screen found. Source
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Stocks making the biggest moves in the premarket: Nio, Veru, Sailpoint Technologies and more
Take a look at some of the biggest movers in the premarket: Nio (NIO) – The China-based electric carmaker’s shares slumped 8.4% in premarket action after it suspended production due to Covid-19 related supply chain disruptions. Veru (VERU) – The drugmaker’s shares surged 24.8% in the premarket after it reported “overwhelming” evidence of efficacy for […]
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Bill Ackman is done with activist short-selling, will focus on quieter, long-term approach
Bill Ackman, founder and CEO of Pershing Square Capital Management. Adam Jeffery | CNBC Investor Bill Ackman said Tuesday that he will no longer take part in vocal activist short selling campaigns, a practice he engaged in that led to one of the most colorful battles in Wall Street history. “Despite our limited participation in […]
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Petco CEO says company’s growth is inflation-proof, as Americans splurge on pets and bigger homes
A customer exits a Petco store in Clark, New Jersey. Ron Antonelli | Bloomberg | Getty Images Petco CEO Ron Coughlin on Wednesday said the specialty retailer has a key advantage in an uncertain environment: Americans spend on pets, even when their budgets tighten. At an investor day in New York City, he said the […]
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