— Shares of the semiconductor company plunged nearly 9% after it gave a weak earnings outlook for the current quarter. Fiscal first quarter revenue outlook came in roughly in line with estimates.
Cree, however, did report a loss of 18 cents per share, while analysts expected a loss of 19 cents per share. Revenue also topped estimates.— Shares of the retailer fell more than 5% after reporting a wider earnings loss than Wall Street expected. TJX reported a loss of 18 cents per share, compared to a loss of 10 cents that was estimated by analysts, according to Refinitv. Revenue, however, beat estimates.
LOL! This 'great' market cost $10,000 for each man, woman, and child in America. We've been destroying our money velocity since 2008 by PAYING corporations to fail! Sorry, but the U.S. economy is ALREADY gone - like it or not.
All lies on Facebook and Twitter are derived from the most shameless and despicable masterpieces of the rogue politicians of the US rogue government!
Business Business Latest News, Business Business Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Source: CNBC - 🏆 12. / 72 Read more »
Source: AP - 🏆 728. / 51 Read more »