3D Systems Stock Falls as Q3 Earnings & Revenues Miss Estimates
ZACKS· 2024-11-28 01:11
3D Systems (DDD) reported a non-GAAP loss of 12 cents per share in third-quarter 2024, wider than the Zacks Consensus Estimate of a loss of 9 cents. The bottom-line results also compared unfavorably with the year-ago quarter’s earnings of a penny.The disappointing quarterly performance has turned investors cautious about the company’s prospects. Shares of 3D Systems traded 14.4% lower in the pre-market session today. The stock has plunged 46.3% against the Zacks Computer and Technology sector’s rise of 27.6 ...
Travelzoo Rises 39.7% Since Q3 Earnings: Time to Buy the Stock?
ZACKS· 2024-11-28 01:11
Travelzoo (TZOO) , the premier membership club for travel enthusiasts, has witnessed an impressive rally, surging 39.7% since reporting its third-quarter 2024 results. Despite a slight revenue dip, the company's strategic initiatives and robust profitability metrics suggest a compelling investment case for both current and potential investors.Share-Price MovementImage Source: Zacks Investment ResearchStrong Profitability Despite Revenue HeadwindsWhile Travelzoo's third-quarter 2024 consolidated revenues exp ...
BNP PARIBAS SA: NOTIFICATION BY THE ACPR OF THE DESIGNATION OF BNP PARIBAS ON THE LIST OF G-SIBs
GlobeNewswire News Room· 2024-11-28 01:10
NOTIFICATION BY THE ACPR OF THE DESIGNATION OF BNP PARIBAS ON THE LIST OF G-SIBs Press releaseParis - 27 November 2024 BNP Paribas has received the notification by the “Autorité de Contrôle Prudentiel et de Résolution” (ACPR), dated 27 November 2024, that the Group has been designated on the 2024 list of Global Systemically Important Banks (G-SIBs) in the bucket 2 corresponding to its score based on end-2023 data. Consequently, the requirement of the G-SIB buffer applicable for the group remains at 1.5% o ...
AI predicts Domino's Pizza (DPZ) stock price for year-end
Finbold· 2024-11-28 01:07
Domino’s Pizza Inc. (NYSE: DPZ) has witnessed a remarkable turnaround, with its stock climbing to $472, marking a 7% increase over the past five days and a 13% rise over the past month. The company has defied challenges in the restaurant industry, delivering a strong financial performance that has drawn significant attention from institutional investors.With Warren Buffett’s Berkshire Hathaway (NYSE: BRK.A, BRK.B) recently acquiring a 3.65% stake in Domino’s Pizza, the company’s scalable business model and ...
MTZ Stock Hits 52-Week High: Should You Wait for a Dip or Buy Now?
ZACKS· 2024-11-28 01:05
MasTec, Inc. (MTZ) has caught the attention of investors with its impressive performance. After hovering around $143 per share for the past six trading sessions, the stock reached a new 52-week high of $150.12 on Tuesday. It then pulled back slightly to close the trading session at $147.94, marking a 3.4% increase from the previous day's closing price of $143.07.Shares of MTZ have gained 34.2% over the past six months, outperforming the 28.2% rise in the Zacks Building Products - Heavy Construction industry ...
Zscaler Stock Powers Down Before Earnings
Schaeffers Investment Research· 2024-11-28 01:02
Zscaler Inc (NASDAQ:ZS) is scheduled to report fiscal first-quarter results after the close on Monday, Dec. 2. According to Zacks, the consensus estimate for the cloud security company's earnings and revenue are 63 cents per share and $605.7 million, respectively. The former represents a 6% year-over-year decrease, and the latter a 21.9% year-over-year increase.At last glance, ZS was 3.2% lower at $203.55. In October, the equity experienced two significant pullbacks, both of which were saved by the 70-day m ...
Expand Energy Corporation Announces Pricing Terms of Cash Tender Offer for its 5.500% Senior Notes due 2026
GlobeNewswire News Room· 2024-11-28 01:02
OKLAHOMA CITY, Nov. 27, 2024 (GLOBE NEWSWIRE) -- Expand Energy Corporation (NASDAQ: EXE) (“Expand Energy”) announced today the pricing terms of the previously announced cash tender offer to purchase (the “Tender Offer”) any and all of its outstanding 5.500% Senior Notes due 2026 (the “Notes”). The complete terms and conditions of the Tender Offer were set forth in an Offer to Purchase dated November 20, 2024 (as supplemented, the “Offer to Purchase”), and the related Notice of Guaranteed Delivery. The “Purc ...
Exxon's low carbon strategy make it top stock pick for next five years
Proactiveinvestors NA· 2024-11-28 01:01
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, ...
Will Court Nod for Select Edgio Asset Acquisition Boost AKAM Stock?
ZACKS· 2024-11-28 01:00
Akamai Technologies, Inc. (AKAM) has secured the requisite approval from the U.S. Bankruptcy Court for the District of Delaware to acquire select assets of the bankrupt media firm Edgio Inc. The to-be-acquired asset portfolio includes certain customer contracts from Edgio's content delivery and security businesses and the non-exclusive license rights to its patents. It excludes the acquisition of Edgio personnel, technology or assets related to the network.Edgio filed for bankruptcy in September this year, ...
Shake Shack Stock Rises 27% in Three Months: Is it a Good Time to Buy?
ZACKS· 2024-11-28 01:00
Shares of Shake Shack Inc. (SHAK) have rallied 26.7% in the past three months, significantly outperforming the 7.8% growth registered by the Zacks Retail - Restaurants industry. SHAK also outpaced the broader Retail-Wholesale sector and the S&P 500 index's 14.8% and 7.8% growth, respectively, during the same period.The company is benefiting from strong same-shack sales, digital initiatives and unit expansion efforts. Also, focus on strategic promotions and effective marketing campaigns, along with menu inno ...