Text size Melinda Sue Gordon / Warner Brothers The release of another highly successful film has been delayed. However, studios have another option for movie release, even if they seem reluctant to use it. Warner Bros., the Hollywood studio owned by AT&T (ticker: T), delayed the release date of Beginning, …
Read More »Coca-Cola profits are out of the way. Why an Analyst Says Buy Now
Text size Justin Sullivan / Getty Images Coca-Cola shares are rising early Wednesday morning, a day after launching better-than-expected earnings. The reason: An update from Morgan Stanley, which argues that stocks have become too cheap. Analyst Dara Mohsenian raised its rating on Coca-Cola (ticker: KO) shares to Equal Weight’s Overweight, …
Read More »HCA Healthcare Exceeds Earnings Estimates Despite Pandemic Effects
The shares of HCA Healthcare Inc. HCA, + 11.97% It increased 5.6% in premarket trading, after the hospital operator beat estimates for its second quarter. HCA said it had net income of $ 1,079 billion, or $ 3.16 per share, in the quarter, up from $ 783 million, or $ …
Read More »Chipotle stock falls even when results exceed street expectations
Chipotle Mexican Grill Inc. CMG, + 1.90% Shares declined in the extended session on Wednesday, even after the quarterly results for the Mexican food chain beat Wall Street estimates. Chipotle shares declined 1.3% after hours, after a 1.9% increase in the regular session to close at $ 1,185.27. The company …
Read More »Tesla’s earnings broke forecasts again. Hello, S&P 500.
Text size Héctor Retamal / AFP via Getty Images Elon Musk has done it again, exceeding Wall Street expectations for Tesla‘s earnings significantly for the fourth consecutive quarter. The electric vehicle manufacturing company (ticker: TSLA) reported adjusted earnings per share of $ 2.18, and a profit under generally accepted accounting …
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