Scholastic stock drops on Q1 earnings

  • 📰 YahooFinanceCA
  • ⏱ Reading Time:
  • 26 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 14%
  • Publisher: 63%

México Noticias Noticias

México Últimas Noticias,México Titulares

Shares of Scholastic (SCHL) plummeted in early trading after the children's book publisher reported a wider-than-expected loss in its fiscal first quarter. Revenue of $228.5 million also missed Wall Street estimates. The company cited 'continued retail softness' as a key drag on results, along with seasonal impacts due to the summer months. Yahoo Finance Live breaks down the report. For more expert insight and the latest market action, click here to watch this full episode of Yahoo Finance Live.

OTTAWA — The Bank of Canada was watching its words at its last interest rate announcement, in fear of spurring speculation that rate cuts are coming any time soon. That's according to the central bank's summary of deliberations released Wednesday detailing what the governing council discussed in the lead-up to its last rate decision. The Bank of Canada held its key interest rate steady at five per cent earlier this month amid signs of the economy weakening.

" also considerConsider Aritzia stock and another wonderful growth stock play for savvy investors to grow their wealth over the next decade and beyond. The post 2 TSX Stocks Set for Decades of Strong Growth appeared first on The Motley Fool Canada.Nuvei stock fell 45% after its second-quarter earnings. Are investors overreacting, or is it a sign of long-term weakness? Let’s find out. The post What to Make Out of Nuvei Stock’s 45% Dip in August 2023 appeared first on The Motley Fool Canada.

 

Gracias por tu comentario. Tu comentario será publicado después de ser revisado.
Hemos resumido esta noticia para que puedas leerla rápidamente. Si estás interesado en la noticia, puedes leer el texto completo aquí. Leer más:

 /  🏆 47. in MX

México Últimas Noticias, México Titulares

Similar News:También puedes leer noticias similares a ésta que hemos recopilado de otras fuentes de noticias.

Yahoo Finance LIVE - Sept 20 PMExecutives, experts, and influencers join the Yahoo Finance team to discuss what's moving the world of finance.
Fuente: YahooFinanceCA - 🏆 47. / 63 Leer más »

Yahoo Finance LIVE - Sept 21 PMExecutives, experts, and influencers join the Yahoo Finance team to discuss what's moving the world of finance.
Fuente: YahooFinanceCA - 🏆 47. / 63 Leer más »

Stocks are 'priced for perfection': Portfolio managerThe 'magnificent seven' have powered the stock market's gains this year. Brandywine Global Portfolio Manager John McClain tells Yahoo Finance Live those stocks have been driven by AI and China relations. 'If either one of those things start to cool a bit, you will see a meaningful pullback,' McClain says. Watch the video above to find out why McClain says stocks are currently 'priced for perfection.' For more expert insight and the latest market action, click here to watch this full episode of Yahoo Finance Live.
Fuente: YahooFinanceCA - 🏆 47. / 63 Leer más »

Darden earnings, existing-home sales, Fed interview: What to watchDarden Restaurants (DRI), the parent company of Olive Garden, will be reporting its first-quarter earnings results on Thursday. August's existing home sales data is set to be released as home inventories and high mortgage rates continue to challenge homebuyers. Former Federal Reserve Bank of Kansas City CEO and President Esther George will also be joining Yahoo Finance Live for an exclusive interview. Yahoo Finance's Josh Lipton breaks down what to watch for Thursday, September 21. For more expert insight and the latest market action, click here to watch this full episode of Yahoo Finance Live.
Fuente: YahooFinanceCA - 🏆 47. / 63 Leer más »