Jefferies (JEF) Q3 Earnings and Revenues Miss Estimates
ZACKS· 2024-09-26 06:31
Jefferies (JEF) came out with quarterly earnings of $0.75 per share, missing the Zacks Consensus Estimate of $0.80 per share. This compares to earnings of $0.32 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an earnings surprise of -6.25%. A quarter ago, it was expected that this investment banking and capital markets company would post earnings of $0.63 per share when it actually produced earnings of $0.67, delivering a surprise of 6.35%.Over the l ...
Why Cipher Mining Stock Rocketed 12% Higher on Wednesday
The Motley Fool· 2024-09-26 06:30
News of a facility acquisition inspired several analysts to wax positive about the company.Two new and glowing analyst takes on the future of Cipher Mining (CIFR 12.21%) were the news items that pushed the company's stock well higher on Wednesday. The Bitcoin miner's share price ballooned by more than 12% during the session, a far better performance than the S&P 500 index's 0.2% slump on the day.Acquisition news fuels optimismThe pair of fresh takes came on the back of news that Cipher Mining had closed its ...
Billionaire Steven Cohen Just Sold Amazon Stock and Scooped Up This Other "Magnificent Seven" Member
The Motley Fool· 2024-09-26 06:30
Steven Cohen of Point72 Asset Management just trimmed his Amazon stake and initiated a position in Apple.Investment firms managing over $100 million in stocks are required to file a form 13F with the Securities and Exchange Commission (SEC) once quarterly. These filings can be helpful as they provide a glimpse into what the companies' sophisticated investors, such as hedge fund managers, are buying and selling.One investor I enjoy following is Steven Cohen of Point72 Asset Management. Last quarter, Point72 ...
McDONALD'S RAISES QUARTERLY CASH DIVIDEND BY 6%
Prnewswire· 2024-09-26 06:30
CHICAGO, Sept. 25, 2024 /PRNewswire/ -- Today, McDonald's Board of Directors declared a quarterly cash dividend of $1.77 per share of common stock payable on December 16, 2024 to shareholders of record at the close of business on December 2, 2024. The 6% increase over the Company's previous quarterly dividend reflects continued confidence in the Accelerating the Arches growth strategy and our ability to drive long-term profitable growth for all stakeholders.McDonald's has a strong history of returning capit ...
GTLB Lawsuit – Investors with Large Losses in GitLab, Inc. Should Contact Robbins LLP for Information About the Securities Class Action Lawsuit
GlobeNewswire News Room· 2024-09-26 06:29
SAN DIEGO, Sept. 25, 2024 (GLOBE NEWSWIRE) -- Robbins LLP reminds investors that a shareholder filed a class action on behalf of all investors who purchased or otherwise acquired GitLab Inc. (NASDAQ: GTLB) securities between June 6, 2023 and March 4, 2024. GitLab is a global software company that designs and develops software solutions. For more information, submit a form, email attorney Aaron Dumas, Jr., or give us a call at (800) 350-6003. The Allegations: Robbins LLP is Investigating Allegations that Git ...
SMCI Lawsuit - Investors with Large Losses in Super Micro Computer, Inc. Should Contact Robbins LLP for Information About the Securities Class Action Lawsuit
GlobeNewswire News Room· 2024-09-26 06:28
SAN DIEGO, Sept. 25, 2024 (GLOBE NEWSWIRE) -- Robbins LLP reminds investors that a shareholder filed a class action on behalf of all persons and entities that purchased or otherwise acquired Super Mirco Computer, Inc. (NASDAQ: SMCI) securities between August 10, 2021 and August 26, 2024. SMCI is an international company that develops, manufactures, and provides server and storage systems for various markets, including data centers, cloud computing, AI, 5G, and edge computing. For more information, submit a ...
ZI Lawsuit – Investors with Large Losses in ZoomInfo Technologies, Inc. Should Contact Robbins LLP for Information About the Securities Class Action
GlobeNewswire News Room· 2024-09-26 06:24
SAN DIEGO, Sept. 25, 2024 (GLOBE NEWSWIRE) -- Robbins LLP informs investors that a shareholder filed a class action on behalf of all purchasers of ZoomInfo Technologies, Inc. (NASDAQ: ZI) Class A common stock between November 10, 2020 and August 5, 2024. ZoomInfo is a software and data company that provides customer analytics and intelligence to sales and marketing teams. For more information, submit a form, email attorney Aaron Dumas, Jr., or give us a call at (800) 350-6003. The Allegations: Robbins LLP i ...
Oportun Announces Definitive Agreement to Sell its Credit Card Portfolio
GlobeNewswire News Room· 2024-09-26 06:23
SAN CARLOS, Calif., Sept. 25, 2024 (GLOBE NEWSWIRE) -- Oportun (Nasdaq: OPRT), a mission-driven financial services company, today announced that it has signed a definitive agreement to sell its credit card portfolio to Continental Finance. This transaction reflects a key milestone towards Oportun’s initiative to enhance profitability in 2024 and beyond by simplifying the business and driving performance in its three core products: unsecured personal loans, secured personal loans, and its award-winning Set & ...
SHAREHOLDER ALERT: Faruqi & Faruqi, LLP Investigates Claims on Behalf of Investors of Methode Electronics
GlobeNewswire News Room· 2024-09-26 06:22
Faruqi & Faruqi, LLP Securities Litigation Partner James (Josh) Wilson Encourages Investors Who Suffered Losses Exceeding $75,000 In Methode Electronics To Contact Him Directly To Discuss Their Options If you suffered losses exceeding $75,000 in Methode Electronics between June 23, 2022 and March 6, 2024 and would like to discuss your legal rights, call Faruqi & Faruqi partner Josh Wilson directly at 877-247-4292 or 212-983-9330 (Ext. 1310). [You may also click here for additional information] NEW YORK, Se ...
Concentrix Corporation (CNXC) Q3 Earnings Miss Estimates
ZACKS· 2024-09-26 06:21
Concentrix Corporation (CNXC) came out with quarterly earnings of $2.87 per share, missing the Zacks Consensus Estimate of $2.92 per share. This compares to earnings of $2.71 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an earnings surprise of -1.71%. A quarter ago, it was expected that this company would post earnings of $2.62 per share when it actually produced earnings of $2.69, delivering a surprise of 2.67%.Over the last four quarters, the co ...