Category: Include on Menu
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U.S. Wholesale Inventories Rise 0.7%, Above Forecast
U.S. wholesale inventories increased 0.7% in the latest reporting period, exceeding the forecast for a 0.5% rise but slowing from the 1.3% increase recorded in the previous month. The figures showed that wholesalers continued to accumulate inventories, although the pace of growth moderated compared with the prior period. The reported 0.7% increase was 0.2 percentage…
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U.S. Stock Futures Rise After PCE Inflation Comes in Below Expectations: Dow Jones, S&P, Nasdaq, Wall Street
U.S. stock index futures pointed to a higher open on Wednesday after August inflation data showed consumer prices increased by less than economists had expected. The move in futures followed a Commerce Department report showing the personal consumption expenditures (PCE) price index increased 0.3% month on month in August, following a revised 0.1% rise in…
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Norwegian Cruise Line Shares Rise as Company Expects Third-Quarter Results Above Prior Forecast
Norwegian Cruise Line Holdings shares rose nearly 2% in pre-market trading on Wednesday after the cruise operator said it expects third-quarter results to exceed its previous forecast, supported by better-than-expected revenue performance. The company had previously forecast third-quarter adjusted earnings per share of $0.90 and adjusted EBITDA of $874 million when it provided guidance in…
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HSBC Upgrades Target to Buy and Raises Price Target to $190
Target (NYSE:TGT) was upgraded to Buy by HSBC, with analyst Joe Thomas raising his price target to $190 from $125 per share after the retailer’s second-quarter results showed higher comparable sales and customer traffic. Thomas said the latest results supported HSBC’s view that Target’s recovery was being driven by increased customer visits rather than higher…
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Jabil Shares Fall 4% Despite Fourth-Quarter Earnings Beat and Higher Fiscal 2027 Outlook
Jabil Inc. (NYSE:JBL) shares fell around 4% in pre-market trading on Wednesday despite the company reporting fourth-quarter earnings and revenue above analyst expectations and issuing fiscal 2027 guidance ahead of consensus forecasts. Adjusted earnings per share were $4.40, exceeding the consensus estimate of $4.06 by $0.34. Revenue reached $10.6 billion, above the analyst estimate of…
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Conagra Brands Shares Rise 3.2% After First-Quarter Earnings Beat
Conagra Brands, Inc. (NYSE:CAG) shares rose 3.15% in pre-market trading after the company reported first-quarter adjusted earnings above analyst expectations and reaffirmed its fiscal 2027 guidance. Adjusted earnings per share were $0.41, exceeding the consensus estimate of $0.28 by $0.13. Revenue totalled $2.6 billion, slightly above the analyst estimate of $2.59 billion, although sales declined…
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FactSet Shares Fall 3.5% as Fiscal 2027 Guidance Comes in Below Expectations
FactSet Research Systems Inc. (NYSE:FDS) shares fell 3.45% in pre-market trading on Wednesday after the financial data and analytics provider issued fiscal 2027 earnings and revenue guidance below analyst expectations, despite reporting fourth-quarter results ahead of consensus estimates. FactSet reported adjusted earnings of $4.52 per share for the fourth quarter, exceeding the analyst estimate of…
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Yiren Digital Shares Rise 6.1% as Second-Quarter Loss Narrows
Yiren Digital Ltd. (NYSE:YRD) shares rose 6.11% in pre-market trading on Wednesday after the financial technology company reported a narrower second-quarter net loss compared with the previous quarter, alongside lower revenue and improved delinquency rates. For the quarter ended June 30, 2026, Yiren Digital reported a net loss of RMB449.6 million, equivalent to RMB5.11 per…
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Elf Beauty Shares Rise as Canaccord Tracker Shows 11.6% Sales Growth
Elf Beauty (NYSE:ELF) shares moved higher after Canaccord’s sales tracker showed the cosmetics company continued to grow faster than the broader beauty category during the two weeks ended September 20. Dollar sales for E.l.f. Cosmetics increased 11.6% year on year during the period, supported by a 17.0% increase in unit sales. The growth came despite…
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Novo Nordisk Study Reports Weight Loss After Patients Switch to Oral Wegovy
Novo Nordisk (NYSE:NVO) released real-world data from the OCTANE study showing that adults with overweight or obesity who switched from injectable GLP-1 medicines to once-daily oral semaglutide, marketed as the Wegovy pill, lost an average of 4.1% of their body weight over three months. The average reduction was 8.8 lbs, based on an average starting…