Shares of WD-40 rose more than 10% after the household chemical manufacturer posted better-than-expected third-quarter results. The company reported earnings per share of $1.30 on revenue of $114 million. Analysts estimated earnings per share of $1.26 on revenue of $109.4 million, according to FactSet.
The company cited increased sales in Asia, Europe, the Middle East and Africa for strong results.— Shares of Comcast rose more than 1% after Goldman Sachs upgraded the media company's stock to buy from hold and raised its price target to $54 from $44. The bank said the company is well positioned to "sustain double-digit growth" in earnings over the next five years.
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:
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.
European stocks set to open lower as hopes of a Fed rate cut fadeEuropean stocks are set to open lower Tuesday as diminished hopes of a rate cut from the U.S. Federal Reserve this month continues to dampen investor sentiment.
Source: CNBC - 🏆 12. / 72 Read more »
Asia stocks fall to two-week low as hopes fade for big Fed rate cut, tech stocks dragAsian stocks fell to their lowest levels in two and a half weeks on Tuesday as h... US economy doing great. Stock markets disappointed.
Source: Reuters - 🏆 2. / 97 Read more »
Investors should buy Chinese internet stocks, UBS and Credit Suisse sayUBS and Credit Suisse are saying Chinese internet stocks will be a good buy for investors. JUST IN:'Great moral collapse' Uh, right. Yessiree. I'll stick with American
Source: CNBC - 🏆 12. / 72 Read more »
Cramer Remix: Why to own individual retail stocks over the sector ETF'I'd rather own the best than a mix of the best, the mediocre, and the worst,' Jim Cramer says. Yes agree but now 50% of the market is ETFs, which is telling us all something to pay attention to. To enrich your broker.
Source: CNBC - 🏆 12. / 72 Read more »
The 5 Worst Stocks So Far This YearWith the first half of 2019 now history and the Fourth of July holiday upon us, it’s time to take stock of how stocks have fared so far. Check out Nordstrom, Gap, Mylan, and other bottom-performing stocks.
Source: MarketWatch - 🏆 3. / 97 Read more »
Europe Stocks Slip Amid Losses in Chemicals SharesBASF dropped 5.5% in Germany after the chemicals giant slashed its profit forecast, prompting similar declines for its rivals
Source: WSJ - 🏆 98. / 63 Read more »