About this content About Emily Jarvie Emily began her career as a political journalist for Australian Community Media in Hobart, Tasmania. After she relocated to Toronto, Canada, she reported on business, legal, and scientific developments in the emerging psychedelics sector before joining Proactive in 2022. She brings a strong journalism background with her work featured in newspapers, magazines, and digital publications across Australia, Europe, and North America, including The Examiner, The Advocate, ...

Morgan Stanley downgraded HP Inc (NYSE:HPQ) to "equal weight" from "overweight" earlier, citing the company's high valuation while noting PC market recovery is already priced into the shares.HPQ was last seen down 4.2% to trade at $34.41, but still sports a 14.4% year-to-date lead. Pressure could be emerging at the $36 level, which rejected the shares last session after an extended bounce off the $32 level. Calls have been more popular than usual in the options pits in the past 10 weeks. This is per HP stoc ...

KEY HIGHLIGHTS: Completed 1,700 metre (“m”) H1 drill program in 5 holes at the Aljo Mine Target (“Aljo”).Drilled the best intercept to-date at the Aljo Hanging wall (“HW”) Zone in hole ALJ-24-012 returning 13.94 grams per tonne gold (“g/t Au”) over 7.1 m with significant visible gold and tellurides.Assay results below 120 m depth from hole ALJ-24-012 remain outstanding with multiple other logged instances of visible gold beneath historic mine workings. Results are expected to be received soon and will be re ...

Sundry Photography Target (NYSE:TGT) is scheduled to report its Q2 results on Wednesday in the pre-market hours. I view the upcoming release as a potential inflection point for the company. Heading in, the retailer is guiding for a comparable sales growth range of flat to 2%. While this would pale in comparison to Walmart’s (WMT) recently reported 4.2% growth in the same metric, it would represent TGT’s first positive reading in the metric in over a year. Beyond the potential for topline comparable sale ...

wanderluster/E+ via Getty Images Listen below or on the go on Apple Podcasts and Spotify Jay Powell will speak Friday with markets looking for September cut. (0:18) High expectations for Target earnings. (4:51) X shuts down in Brazil. (5:54) The following is an abridged transcript: After two weeks that have seen the market swing from crazy to calm, the Fed steps up to the mic again. The Kansas City Fed will hold its annual Economic Policy Symposium in Jackson Hole, Wyoming starting Thursday. The key ...

Wall Street analysts expect Target (TGT) to post quarterly earnings of $2.17 per share in its upcoming report, which indicates a year-over-year increase of 20.6%. Revenues are expected to be $25.23 billion, up 1.9% from the year-ago quarter.The consensus EPS estimate for the quarter has undergone a downward revision of 1.4% in the past 30 days, bringing it to its present level. This represents how the covering analysts, as a whole, have reassessed their initial estimates during this timeframe.Prior to a com ...

PM Images Cirrus Logic (NASDAQ:CRUS) reported stellar revenue and earnings for its 1st fiscal 2025 quarter while guiding right in line with our exceptions with a caveat discussed later. The size and timing for the revenue gains hit our targets of at least flat year over year iPhone unit sales plus $1.5 ASP growth going forward. Our last article, Updating Cirrus Logic Revenue And Price Expectations For 2024 And Beyond, summarized future revenue estimates for Cirrus. Cirrus reported measurements which exc ...

Analyst Estimates for Q2 2024Q1 2024Q2 2023Revenue$25.21 billion$24.53 billion$24.77 billionDiluted EPS$2.14$2.03$1.80Net Income$1.00 billion$942 million$835 million Key Metric: Full-Year Outlook The midpoint of Target's projections for its full-year adjusted earnings per share (EPS) came in below expectations earlier this year, and JPMorgan analysts noted earlier this month that the retailer could be poised to "narrow down the top half of the range for both [comparable sales] and EPS." Expecting a downw ...

Citi (NYSE:C) price target cuts often get outsized attention, especially considering the recent $6.4 trillion global stock market meltdown.The bank expects global GDP growth to drop to 2.2% in 2024 and then increase to 2.8% in 2025 under its “Slow Then Grow” thesis for 2024; Citi predicts the U.S. will lead the worldwide resurgence even if the economy slows down.Regarding the stock market, Citigroup projects that corporate profits will rise by 4% in 2024 and by 8% in 2025. The bank also implies that the Fed ...

IRVING, Texas, Aug. 14, 2024 /PRNewswire/ -- Darling Ingredients Inc. (NYSE: DAR) today announced a target to reduce Scope 1 and 2 emissions 42% by 2030, which aligns with its commitment to the Science Based Targets initiative (SBTi). The goal is included in the company's 2023 Sustainability Progress Report, published today. The report provides a detailed overview of the company's progress against key environmental, social and governance objectives throughout 2023, highlighting how its Scope 1 and 2 target ...