Natural Gas Inventories Expected to Rise
Warmer weather across the U.S. may have contributed to an increase in natural-gas inventories, according to a survey by The Wall Street Journal.
Crest Nicholson Holdings Trims Profit Guidance and Streamlines Operations
Crest Nicholson Holdings announces profit guidance revision and plans to streamline operations. Cost-cutting measures, job cuts, and strategic adjustments will position the company for recovery. Challenges in the housing market persist.
FMC Corp.'s Stock Growth Potential for 2024
FMC Corp. expects positive growth in revenue and earnings for 2024, plans investor day to outline restructuring initiatives.
Shoe Carnival Lowers Outlook for 2023
Shoe Carnival revises its outlook for 2023, citing soft consumer spending and uncertainty during the holiday season. The company now projects lower sales and earnings, attributing the decline to a projected decrease in fourth-quarter net sa...
Stock Futures Hold Steady Near Two-Month Highs
U.S. stock futures are holding steady near two-month highs after a strong rally. The market is consolidating, benefitting from lower borrowing costs and increased investor confidence. However, concerns have arisen about the potential for a...
New York State Sues PepsiCo Over Environmental Damage
New York State is suing PepsiCo and Frito-Lay over their contribution to the litter problem in Buffalo's water supply. The lawsuit alleges that the companies are creating a public nuisance by producing large quantities of plastic bottles an...
European Stocks End Higher
European stocks ended on a positive note, with major indices recording gains. Top performers include Orpea S.A., Infineon Technologies AG, and Siemens Energy AG, while Alstom S.A. and Aroundtown S.A. were the worst performers. Currency and...
Gold and Silver Miner Hycroft Mining Holding Corp. Implements Reverse Stock Split
Shares of Hycroft Mining Holding Corp. (HYMC) saw a 3.5% increase in morning trading on Wednesday following the implementation of a 1-for-10 reverse stock split. The stock had previously closed on Tuesday at a split-adjusted record low of $...
Cryptocurrency Market Update
Most large cryptocurrencies experienced gains, with Solana leading the way. Bitcoin and Ethereum also saw increases. Several crypto-related companies experienced movements in their share prices.
Alcon Shares Fall as Guidance is Narrowed
Alcon's shares dropped after the company adjusted its full-year guidance to the lower end of its previous ranges. Sales and net profit for the third quarter increased.