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Walgreens CEO signals store closings are coming
Detroit News· 6 days agoWalgreens is finalizing a plan to fix its business that could result in the closure of hundreds of additional stores in the next three years. CEO Tim...
Boeing Buys Spirit AeroSystems for $4.7 Billion
Barrons.com· 2 days agoInvestors need to look at prior earnings because Spirit has been in turmoil and isn’t expected to generate positive Ebitda in 2024, according to FactSet....
FedEx Stock Jumps on Q4 Earnings Beat: ETFs Likely to Gain
Zacks via Yahoo Finance Canada· 7 days agoFedEx (FDX) shares jumped more than 15% in after-market trading after the courier company outpaced...
Levi’s Stock Is Dropping. An Earnings Beat and Higher Dividend Weren’t Enough.
Barrons.com· 6 days agoAfter markets closed on Wednesday, Levi Strauss reported adjusted earnings of 16 cents per share for...
Volkswagen Bet on Rivian Stock. Investors Have to Make Their Own Call.
Barrons.com· 2 days ago“Investors should get a major proof point if gross profit becomes positive in [the fourth quarter].”...
What to Expect From Friday's Inflation Report
Barron s Online· 6 days agoThe personal-consumption expenditures, or PCE, price index for May will be published at 8:30 a.m. Eastern on Friday as part of the Bureau of Economic Analysis’ personal income and outlays report ...
General Mills Earnings Beat Estimates. Why the Stock Is Dropping.
Barrons.com· 7 days agoFor its fourth fiscal quarter ended May 26, the company reported adjusted earnings of $1.01. That...
Rivian Stock Soars 50%. Its Volkswagen Deal Is a Game Changer.
Barrons.com· 7 days agoWall Street expects Rivian to sell about 53,000 vehicles in 2024, similar to the 50,000 shipped in...
Walgreens to take a hard look at underperforming stores, could shutter hundreds more
The Canadian Press via Yahoo News· 6 days agoRevenue rose nearly 3% to $36.35 billion. Analysts were looking for earnings of 68 cents per share...
Value Investing Has Been a Loser for Decades. Now Isn’t the Time to Give Up.
Barrons.com· 2 days agoThe table includes the 15 that, according to FactSet data, have the lowest price-to-book ratios. To...