Author: Press Room
Check out the companies making headlines in extended trading: Discover Financial — Shares inched lower by 1%. The financial services company posted third-quarter results that surpassed expectations, with earnings of $3.69 per share on $4.45 billion of revenue. Analysts polled by LSEG were calling for earnings of $3.42 per share and revenue of $4.35 billion. CSX — The rail transportation company lost 4% after third-quarter results fell short of Wall Street’s forecasts. CSX reported earnings of 46 cents per share on revenue of $3.62 billion, while analysts polled by LSEG anticipated 48 cents per share in earnings and revenue of…
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J.B. Hunt Transport Services, Inc. (NASDAQ:JBHT) Q3 2024 Earnings Conference Call October 15, 2024 5:00 PM ET Company Participants Brad Delco – SVP of FinanceShelley Simpson – President and CEOJohn Kuhlow – CFOSpencer Frazier – EVP of Sales and MarketingNick Hobbs – COO and President, Contract ServicesDarren Field – President, IntermodalBrad Hicks – President, Highway Services and EVP of People Conference Call Participants Ken Hoexter – Bank of AmericaBrian Ossenbeck – JPMorganJon Chappell – Evercore ISIJordan Alliger – Goldman SachsDaniel Imbro – Stephens, Inc.Scott Group – Wolfe ResearchRavi Shanker – Morgan StanleyTom Wadewitz – UBSChris Wetherbee – Wells FargoDavid Zazula…
Unlock the Editor’s Digest for freeRoula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter.Elon Musk has said Tesla’s valuation could go as high as $5tn as it pivots to autonomous driving and artificial intelligence — seven times its value today. The company’s shares are down more than 10 per cent in the past week after its robotaxi event disappointed investors. But even if Tesla had delivered on the hype, should robotaxis be that big a deal for investors today?Despite recent declines, Tesla shares trade at 80 times forward earnings — a steep premium to global…
A text message last week to young voters in Wisconsin is stirring new concerns in the battleground state about a messaging campaign that could intimidate college students from casting ballots this election, according to a letter from voter protection groups released Tuesday. The unsolicited text, sent from at least one 262- number to cell phones of people in their early 20s on University of Wisconsin campuses and elsewhere, says: “WARNING: Violating WI Statutes 12.13 & 6.18 may result in fines up to $10,000 or 3.5 years in prison. Don’t vote in a state where you’re not eligible.” The two state codes that…
The start of the Medicare Open Enrollment Period revealed major changes in the availability of plans and pricing. The biggest changes are in Medicare Advantage plans and Part D prescription drug plans. As expected, significant changes were on the way because of announcements from major insurers and policy changes from the Centers for Medicare & Medicaid Services. Revisions in the law also made an upheaval likely, especially in Part D plans. Preliminary data from CMS issued before open enrollment (which runs from October 15 to December 7) summarized the changes. There are 6.6% fewer Medicare Advantage plans with prescription drug…
There is steady interest — from everyday people to researchers alike — in what it takes to live a long, healthy life. From cookbooks to research papers to the hundreds of articles you can access with a quick Google search, the amount of information to digest and advice to take in can get overwhelming.But there are simple approaches you can take and easy changes to implement if you’re hoping to live to 100.For nearly two years, I’ve been reporting on longevity and the lifestyle choices that seem to help people live longer. Here are five habits that stand out.1. Eat…
Here are the stocks making notable moves after the bell on Tuesday. United Airlines — The travel stock dipped less than 1% despite United’s third-quarter report beating estimates on the top and bottom lines. United reported adjusted earnings of $3.33 per share on $14.84 billion of revenue. Analysts surveyed by LSEG were looking for $3.17 per share on $14.78 billion of revenue. United also announced a $1.5 billion share buyback. Interactive Brokers — Shares of the brokerage firm fell more than 3% after third-quarter earnings missed expectations. Interactive Brokers reported $1.75 in adjusted earnings per share, while analysts surveyed by…
Former President Donald Trump’s social media company suffered a sudden nosedive in the stock market Tuesday that briefly halted trading and left traders scratching their heads. Truth Social owner Trump Media & Technology Group was trading sharply higher during a volatile session at about $31 per share when it swiftly collapsed below $29 shortly after 2:40 p.m. ET on heavy trading volume. Nasdaq paused trading for Trump Media at 2:42 p.m. ET for five minutes, a routine cooling-off period that exchanges are required to impose during times of heavy volatility. When trading resumed, Trump Media initially bounced back before plunging below $27.…
This article was written byFollowBram de Haas brings 15 years of investing experience to the table and has over 5 years of experience managing a Euro hedge fund. He is also a former professional poker player and utilizes his bundle of risk management skills to uncover lucrative investments based on special situations.Analyst’s Disclosure: I/we have a beneficial long position in the shares of CLS either through stock ownership, options, or other derivatives. I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it (other than from Seeking Alpha). I have no business relationship…