— Shares of Shake Shack plunged more than 13% after the restaurant chain missed revenue expectations for its fourth-quarter report and delivered guidance below what analysts expected. The company reported 6 cents in adjusted earnings per share and $151 million in revenue, but Wall Street expected a 1 cent loss per share and $153 million in revenue, according to Refinitiv. Same store sales decreased 3.6%.
A Wedbush analyst maintained an outperform rating on the stock but said in a note to clients that "management has clearly lost any Street credibility, the stock will be under heavy pressure this morning and it would be easy to throw in the white towel."— Shares of HP Inc. climbed 7% after topping street estimates for its fiscal first quarter results. The company reported 65 cents in adjusted earnings per share, above the 54 million expected by analysts, according to Refinitiv.
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:
brikeilarcnn CNNPolitics cnnbrk BernieSanders We didn't take it out of context you all did. All Bernie ment was that even Castro how evil he was wanted his people to read and write. Therefor Bernie wants oppertunities for all with a free education without debt.
I hope to see GM buy a stake in Tesla while United buys a large portion of it's stock back.
United States United States Latest News, United States United States Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Home Depot shares rise after earnings top estimates, backs 2020 business outlookHome Depot's earnings report will shed light on whether its significant investments in the company are paying off. JoeBiden Democrats are working to restore voting protections and ensure every American can exercise the right to vote LeaderHoyer
Source: CNBC - 🏆 12. / 72 Read more »
Stocks making the biggest moves midday: Apple, Nvidia, L Brands, Tilray, Zoom Video & moreNvidia and Apple get hit by coronavirus concerns. L Brands gets downgraded by Baird. i don't understand this how come dow went 900 points dip?
Source: CNBC - 🏆 12. / 72 Read more »
Warren Buffett interview live updates: 'Good for us' when stocks drop, Berkshire coronavirus impact“In effect, we don’t want everybody to buy our stock.” Warren Buffett says that he wants “people who are in sync with us” to invest in Berkshire. AskWarren BeckyQuick pergunte a ele se eu investir 100.00 reais brasileiros ,em qtas décadas ,vou ficar MILIONÁRIA kkkkkkkkkkkkkkk BeckyQuick Seems this market dip is starting to look like the opportunity Buffett has been waiting for BeckyQuick WHO CARES? MARKET IS CRATERING AND WE ARE NOT INTERESTED IN HEARING HIS LONG TERM MUSINGS! CUT HIM OFF!!
Source: CNBC - 🏆 12. / 72 Read more »
Stocks Slide as Virus Cases Accelerate Outside of AsiaGlobal stocks fell as investors grappled with the potential economic fallout from mounting coronavirus infections in South Korea and other countries outside China. Those Wall Street Types should take a chill pill. They have no idea what our friends overseas are facing. I thought that the Chinese government were smarter than telling their lead doctor to keep quiet on this virus as it was getting started and he needed a mass of people to help What`s the tipping point where it all falls down? And stocks will continue to fall until governments unite and try to conquer this virus
Source: WSJ - 🏆 98. / 63 Read more »
BNP Paribas names the Asian stocks to buy during — and after — the coronavirus outbreakSome Asian markets and sectors could be immune from the economic fallout resulting from the ongoing coronavirus outbreak, said BNP Paribas. Find the corona virus stocks to profit from tonight using crowd-sourced fundamental research. Our whatsapp room is nearing max capacity. I’ll put the list in my will. !!!!!! Many of the stock's prices of some American and other companies are with very different real prices already - down, down, down (for example Dell, HP, Microsoft, Google and many others are with fake stock's prices) !!!!!!
Source: CNBC - 🏆 12. / 72 Read more »