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BB&T posts higher-than-expected results for first quarter

BB&T Corp. (NYSE: BBT) on Thursday reported higher-than-expected earnings of $749 million for the first quarter. Adjusted for merger-related and restructuring charges of $80 million, BB&T earned net income of $813 million. Earnings per share for .....»»

Category: topSource: bizjournalsApr 19th, 2019

Amazon"s stock extends rally into bull-market territory as market cap tops $800 billion

Shares of Amazon.com Inc. surged 1.2% in afternoon trade Tuesday, to lift its market-capitalization back above the $800 million mark for the first time in nearly a month, a day after the e-co.....»»

Category: topSource: marketwatchJan 8th, 2019

What Inflation? Market Expert Ryan Detrick Says Hotter-Than-Expected Inflation Report Won"t Derail Stock Market Rally

Ryan Detrick says the fact that the Fed looks less likely to cut interest rates three times this year isn't inherently bad for stocks. read more.....»»

Category: blogSource: benzingaApr 12th, 2024

Nvidia extends rally after the company announces a four-for-one stock split

If shareholders approv.....»»

Category: dealsSource: nytMay 24th, 2021

GameStop and AMC short-sellers have lost almost $1 billion in just 5 days of trading amid a meme-stock rally

Shorts lost $210 million from their positions in AMC and $227 million from GameStop on Monday alone. "This is what the Reddit Army is hoping for." KnowYourMeme KnowYourMeme GameS.....»»

Category: dealsSource: nytMay 18th, 2021

Why XpresSpa"s Stock Is Trading Higher Today

XpresSpa Group, Inc. (NASDAQ: XSPA) shares are trading higher after the company reported better-than-expected sales results. XpresSpa Group reported first quarter sales results of $8.50 million, which beat the $2.37 million estimate. read more.....»»

Category: blogSource: benzingaMay 18th, 2021

Market Extra: Here’s why the Dow and S&P 500 hit records despite a weak April jobs report

It may take more than a much-weaker-than-expected April jobs report to kill the stock market rally, though the popular reflation trade is seeing a modest setback......»»

Category: topSource: marketwatchMay 7th, 2021

Market Extra: Here’s why the Dow hit another record despite a weak April jobs report

It may take more than a much-weaker-than-expected April jobs report to kill the stock market rally, though the popular reflation trade is seeing a modest setback......»»

Category: topSource: marketwatchMay 7th, 2021

Market Extra: Why the stock market keeps climbing despite weak jobs report

It may take more than a much-weaker-than-expected April jobs report to kill the stock market rally, though the popular reflation trade is seeing a modest setback......»»

Category: topSource: marketwatchMay 7th, 2021

Market Extra: Why the Dow is hitting records despite a weak jobs report

It may take more than a much-weaker-than-expected April jobs report to kill the stock market rally, though the popular reflation trade is seeing a modest setback......»»

Category: topSource: marketwatchMay 7th, 2021

Six Flags stock set to rally after losses were narrower than expected, attendance more than double forecasts

Shares of Six Flags Entertainment Corp. were indicated up about 2% in premarket tradin.....»»

Category: topSource: marketwatchApr 28th, 2021

Six Flags stock set to rally after losses narrower more than expected, attendance is more than double forecasts

Shares of Six Flags Entertainment Corp. were indicated up about 2% in premarket trading W.....»»

Category: topSource: marketwatchApr 28th, 2021

3 reasons the stock market rally is set to continue despite recent volatility, according to UBS Wealth Management

UBS' Haefele says strong corporate earnings, rising vaccination rates, and lower than expected inflation figures will allow stocks' rally to survive. Caroline Purser/Getty Images The VIX index.....»»

Category: topSource: businessinsiderApr 21st, 2021

Ferrellgas" $1.5B restructuring plan gets bankruptcy court"s approval

The restructuring includes plans to issue Class B stock to the holders of the $357 million in notes and allows refinancing of $500 million in senior unsecured notes maturing in 2021, $475 million in 2022, $500 million in 2023 and $700 million in 2025......»»

Category: topSource: bizjournalsMar 9th, 2021

Chevron to acquire rest of Noble Midstream Partners in all-stock deal expected to close in Q2

Chevron Corp. said Friday it has entered an agreement to acquire the 33.925 million shares of Noble Midstream Partners it does not already own in all stock deal. Under the terms .....»»

Category: topSource: marketwatchMar 5th, 2021

Stock futures rally as strong jobs report overshadows surging bond yields

U.S. stock futures jumped after the better-than-expected February jobs report sent bond yields soaring......»»

Category: topSource: foxnewsMar 5th, 2021

Macy"s reports better-than-expected quarter with digital sales headed to $10 billion

Macy's Inc. stock rose 1.9% in Tuesday premarket trading after the department store retailer beat fourth quarter expectations. Net income totaled $160 million, or 50 cents per share, down from $340 million, or $1.09 per share, last year. Adjusted EP.....»»

Category: topSource: marketwatchFeb 23rd, 2021

AMC Entertainment stock extends rally after analyst calls NYC reopening a "ray of light"

Shares of AMC Entertainment Holdings Inc. rallied 3.8% in premarket trading Tuesday, to extend the previous session's 14.9% surge, which .....»»

Category: topSource: marketwatchFeb 23rd, 2021

Avis stock rises on narrower Q4 loss, cost savings

Shares of Avis Budget Group Inc. rose nearly 1% in the extended session Tuesday after the car-rental company reported a narrower-than-expected fourth-quarter loss and said it reined in costs. Avis said it lost $90 million, or $1.29 a share, in the quart.....»»

Category: topSource: marketwatchFeb 16th, 2021

"Big Short" investor Michael Burry sold his GameStop stock last quarter, meaning he probably missed the Reddit rally

Burry's fund previously owned 1.7 million shares that would have been worth $.....»»

Category: dealsSource: nytFeb 16th, 2021