Login
Breaking News
Dollar Tree   Asana   Signet Jewelers   Ollie's Bargain   Dollar General   Ulta Beauty   Foot Locker   GAP   Burlington Stores  
  • ALL
    • Breaking News
    May 15, 2025
    • Cisco Systems Inc. surged 2.7% to $62.92 after the networking company reported better-than-expected fiscal third-quarter results and lifted its outlook. 

      Revenue jumped to $14.15 billion from $12.70 billion, net income climbed to $2.49 billion from $1.89 billion, and diluted earnings per share rose to 62 cents from 46 cents a year ago.

      Product orders were up 20% year over year, with growth across all geographies and customer markets.

      The company guided fiscal fourth-quarter revenue to be between $14.5 billion and $14.7 billion, compared to $13.6 billion in 2024, and GAAP earnings per share between 62 cents and 67 cents, compared to 54 cents a year earlier.

      For the full year, the company estimated revenue to be between $56.5 billion and $56.7 billion, compared to $53.8 billion in 2024, and GAAP earnings per share between $2.53 and $2.58, compared to $2.54 a year ago.

      Cisco returned $3.1 billion to shareholders in the third quarter through share buybacks and dividends, and $15.4 billion remained under repurchase authorization with no termination date.

      The company acquired SnapAttack, a privately held company that offers a threat detection and engineering platform.
      • May 14, 2025
      • JD.com Inc. soared 5.5% to $38.04 after the Chinese supply chain-based technology and service provider reported first-quarter 2025 results.

        Revenue jumped to 301.08 billion yuan from 260.05 billion yuan, net income edged up to 10.89 billion yuan from 7.13 billion yuan, and diluted earnings per share rose to 3.59 yuan from 2.27 yuan a year ago.

        Net income per ADS increased to 7.19 yuan from 4.53 yuan a year earlier.

        During the quarter, the company launched its food delivery business and further strengthened its position as the first online marketplace for new and specialty medicine launches.

        In addition, the company expanded its logistics services in Warsaw, Poland, and in Hong Kong.
        • Tencent Music Entertainment Group surged 2.9% to $14.73 after the Chinese online music and audio entertainment platform reported first-quarter 2025 results. Revenue jumped to 5.80 billion yuan from 5.01 billion yuan, profit climbed to 4.29 billion yuan from 1.42 billion yuan, and diluted earnings per share rose to 2.77 yuan from 0.91 yuan a year ago. Revenue from music subscriptions increased 16
          • May 13, 2025
          • Simon Property Group Inc. advanced 0.9% to $173.0 after the real estate company reported first-quarter 2025 results.

            Revenue climbed to $1.47 billion from $1.44 billion, net income dropped to $413.70 million from $731.70 million, and diluted earnings per share fell to $1.27 from $2.25 a year ago.

            The company proposed a quarterly dividend of $1.05 per share payable on June 30 to shareholders on record on June 16.

            The real estate company reaffirmed its full-year outlook for funds from operations to be between $12.40 and $12.65 per diluted share, compared to $12.24 per diluted share in 2024.

            Net income per diluted share is estimated to be between $6.67 and $6.92, compared to $7.26 per diluted share a year ago.
            • ZoomInfo Technologies Inc. eased 0.3% to $10.28 after the contact and business company reported first-quarter 2025 results. Revenue declined to $305.7 million from $310.1 million, net income jumped to $26.8 million from $15.1 million, and diluted earnings per share rose to 8 cents from 4 cents a year ago. The company guided second-quarter revenue to be between $295 million and $298 million, comp
              • Monday.com Ltd. eased 0.6% to $277.50 after the Israeli-based project management software service provider reported first-quarter 2025 results.

                Revenue increased to $282.25 million from $216.91 million, net income soared to $27.42 million from $7.08 million, and diluted earnings per share rose to 52 cents from 14 cents a year ago.

                The company guided second-quarter revenue to be between $292 million and $294 million, an increase of 24% to 25% over the previous year.

                For the full year, the software company estimated revenue to be between $1.22 billion and $1.23 billion, an increase of 25% to 26% compared to the prior year.
                • May 12, 2025
                • Air Canada soared 14.6% to C$17.54 after Canada’s largest airline company reported first-quarter 2025 results.

                  Revenue edged down to C$5.20 billion from C$5.23 billion, net loss expanded to C$102 million from a loss of C$81 million, and diluted loss per share widened to 40 cents from a loss of 22 cents a year ago.

                  The company said its cargo and vacation segments delivered solid results in the period, and the airline carried nearly 10.8 million passengers during the quarter.

                  Air Canada has previously said its decline in U.S.-bound bookings over the next six months mirrors an industry-wide drop of roughly 10%.
                  • Starwood Property Trust Inc. eased 0.1% to $19.15 after the real estate finance company reported first-quarter 2025 results.

                    Revenue declined to $418.18 million from $523.09 million, net income edged down to $112.25 million from $154.33 million, and diluted earnings per share fell to 45 cents from 59 cents a year ago.

                    The company invested $1.4 billion in commercial lending and a record $0.7 billion in infrastructure lending during the quarter.

                    Starwood Property paid a quarterly dividend of 48 cents per share, and the company also issued $500 million of corporate debt, extending the average maturity to 3.7 years
                    • May 9, 2025
                    • Expedia Inc. plunged 7.4% to $156.50 after the travel technology company released first-quarter 2025 results.

                      Revenue edged up to $2.99 billion from $2.89 billion, net loss widened to $200 million from a loss of $135 million, and diluted loss per share expanded to $1.56 from a loss of 99 cents a year ago.

                      The company repurchased approximately 1.7 million shares for $330 million during the quarter and paid a quarterly dividend of 40 cents per share on March 27.

                      “We posted first quarter bookings and revenue within our guidance range despite weaker than expected demand in the US,” the company said in a release to investors.

                      The number of booked room nights increased 6% in the quarter to 107.7 million from 101.2 million a year earlier.

                      Expedia guided second-quarter and full-year gross bookings to increase between 2% and 4% from a year ago, and the company also expects second-quarter revenue to grow between 3% and 5% and full-year revenue to increase by 2% to 4% from the same period in 2024.
                      • Trade Desk Inc. advanced 10.9% to $66.42 after the advertising technology company reported sharply higher sales in the first quarter of 2025.

                        Revenue jumped to $616.02 million from $491.25 million, net income climbed to $50.68 million from $31.66 million, and diluted earnings per share rose to 10 cents from 6 cents a year ago.

                        The company said Warner Bros. Discovery has recently integrated its OpenPath product to drive more direct, transparent, and efficient demand to its news properties.

                        During the quarter, TradeDesk used $386 million of cash to repurchase shares, and as of March 31, the company had $631 million available under authorization.

                        The company estimated second-quarter revenue to be at least $682 million, compared to $585 million in 2024, and adjusted EBITDA of approximately $259 million, compared to $242 million a year ago.