Text size Defense sales stood out in the quarter. Mario Tama / Getty Images Defense and aerospace giant Raytheon Technologies crushed Wall Street’s profit expectations, but the stock fell anyway on Tuesday morning. The commercial aerospace sector is not improving fast enough for investors. Raytheon (ticker: RTX) earned 40 cents …
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Text size Digital candles increased 276% in the quarter, while sales in the same store rose 26.5%. Matthew Staver / Bloomberg News Albertsons Cos. He released an optimistic first-quarter fiscal report on Monday, but his shares were falling because investors may have been waiting for more from the supermarket operator, …
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Text size Brendan Smialowski / AFP via Getty Images Honeywell’s earnings, reported Friday morning, beat Wall Street estimates for the pandemic-hit second quarter. That’s good news for Honeywell, but the company is a huge and distant industrial conglomerate. Your earnings are a useful read for many companies in many industries. …
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If Tesla is added to the S&P 500 stock index this year, it will be a great victory for the electric vehicle maker and its shareholders. This is because money managers who manage funds that track the index or compare its performance against it will have to buy Tesla shares. …
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Text size Ncino headquarters. Courtesy of nCino. NCino, which provides cloud-based software for financial institutions, experienced more than a 150% increase in its shares on its first day of trading. NCino shares opened at $ 71 and were trading at $ 77.20, a 150% increase in the Nasdaq stock market …
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