and quarterly earnings guidance that topped what analysts had expected. CEO Safra Catz said on a Thursday conference call that she expects $1.20 to $1.28 in adjusted fiscal fourth-quarter profit per share. The midrange of her guidance, $1.24, was just over the $1.23 per share expected by analysts polled by Refinitiv.
— The tax preparation company rose more than 10% on Friday after BTIG upgraded the stock to neutral from sell and said its recent decline makes it look fairly valued. Analyst Mark Palmer also noted H&R Block's 6% dividend and healthy balance sheet as potential lures in an otherwise turbulent market. "We believe HRB's share price is likely to be supported by the stock's 6.
Corona beer.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:
Nigeria Nigeria Latest News, Nigeria Nigeria Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Stocks making the biggest moves after hours: Slack, Gap, Broadcom and moreStocks making the biggest moves after hours: Slack, Gap, Broadcom & more
Source: CNBC - 🏆 12. / 72 Read more »
Stocks Enter Bear Market. What Does It Mean?The stock market has suffered a relentless, breathtaking drop, moving deeper into bear territory amid the coronavirus pandemic. Here's what you should know about bear markets — and what it means for the economy ⤵️ Beautiful Sunny Day ❤ Joe Biden, if elected, will bail out wallstreet instead of the American people. Just like 2008. Like some kind of scenic wonder?
Source: NPR - 🏆 96. / 63 Read more »
European stocks bounce after ECB comment and ban on short selling of Italian and Spanish equitiesEuropean stocks were in the green on Friday, on the heels of the historic losing day, as the European Central Bank said it would support markets and several exchanges banned short selling of hard-hit Spanish and Italian equities. Reducing liquidity when needed. Genius. Every company in the US is sending workers home indefinitely. Production and revenue impact will be huge from this. We will test new market lows in the coming weeks despite any legislation. NationalEmergency DeclareIt
Source: MarketWatch - 🏆 3. / 97 Read more »
Chip stocks dive after Broadcom rescinds guidance, questions second-half rebound amid coronavirusBroadcom Inc. dropped its annual guidance Thursday afternoon and specifically blamed uncertainty in its semiconductor business through the rest of the year...
Source: MarketWatch - 🏆 3. / 97 Read more »
Here is a shopping list for chip stocks as coronavirus craters the marketChip stock gains have outpaced the broader market for well more than a year, but now that they’re plummeting along with everything else amid fears about...
Source: MarketWatch - 🏆 3. / 97 Read more »