PARIS — Expanding internationally, focusing on foodservice and breaking up silos all contributed to the Kraft Heinz Co. growing its business over the past three years, said two executives June 15 in the Deutsche Bank dbAccess Global Consumer Conference.
KANSAS CITY — Steady growth and continuous demand have defined the organics market for several decades. In 2020, during the height of the COVID pandemic, total sales of organic food and non-food products garnered more than $60 billion, according to a 2021 Organic Industry Survey released by the Organic Trade Association.
easyJet PLC warned Monday that its operating costs will be higher than expected in the second half of the year, reflecting additional leased aircraft, crew costs and airport charges.
Euromoney Institutional Investor PLC said Monday that it is in talks with a consortium comprising private equity company Astorg Asset Management S.ar.l and Epiris LLP over a potential 1.6 billion pound ($1.96 billion) takeover.
Union Jack Oil PLC said Monday that it expects to report a maiden profit for the first half of 2022.
SYDNEY — PointsBet Holdings Ltd. shares have jumped after Susquehanna International Group LLP took a near 13% stake in the Australian betting-services company.
Concentrix (NASDAQ:CNXC – Get Rating) is scheduled to issue its quarterly earnings data after the market closes on Monday, June 27th. Analysts expect the company to announce earnings of $2.62 per share for the quarter. Concentrix has set its Q2 2022 guidance at EPS and its FY 2022 guidance at EPS.Individual interested in participating in the company’s earnings conference call can do so using this link.
Research analysts at StockNews.com started coverage on shares of Otonomy (NASDAQ:OTIC – Get Rating) in a report issued on Monday. The firm set a “sell” rating on the biopharmaceutical company’s stock.
Mr. Cooper Group Inc. (NASDAQ:COOP – Get Rating) – Equities research analysts at Wedbush cut their Q4 2022 EPS estimates for shares of Mr. Cooper Group in a report released on Friday, June 17th. Wedbush analyst H. Coffey now forecasts that the company will post earnings of $1.04 per share for the quarter, down from their previous estimate of $1.19. The consensus estimate for Mr. Cooper Group’s current full-year earnings is $2.86 per share. Wedbush also issued estimates for Mr. Cooper Group’s FY2023 earnings at $5.65 EPS.
HealthEquity, Inc. (NASDAQ:HQY – Get Rating) – Jefferies Financial Group raised their Q3 2023 earnings per share (EPS) estimates for HealthEquity in a research note issued to investors on Friday, June 17th. Jefferies Financial Group analyst G. Santangelo now anticipates that the company will post earnings per share of $0.21 for the quarter, up from their prior forecast of $0.19. Jefferies Financial Group has a “Buy” rating and a $80.00 price objective on the stock. The consensus estimate for HealthEquity’s current full-year earnings is $0.66 per share.
Weekly Market Review – May 4, 2024
Asian Markets Follow Wall Street Swings After Fed Keeps Interest Rates High
Federal Reserve Says Interest Rates Will Stay at Two-Decade High Until Inflation Further Cools
US Job Openings Fall to 8.5 Million in March, the Lowest Level in More Than 3 Years
DoorDash Posts Better-Than-Expected Q1 Sales but Shares Fall on Cost Concerns
Valaris’ (VAL) “Buy” Rating Reaffirmed at Benchmark
Parsons (NYSE:PSN) PT Raised to $89.00
Capital One Financial Weighs in on EQT Co.’s Q2 2024 Earnings (NYSE:EQT)
Fisher Asset Management LLC Raises Position in Toyota Motor Co. (NYSE:TM)
Papua New Guinea Has ‘Human Capital Crisis’, Says World Bank
