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Sodexo Forecasts Growth and Spinoff of Pluxee Employee-Benefits Business
Shares of Sodexo surged following the company’s announcement of its projected organic revenue growth and increased profitability for the next two fiscal years. ...
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Potential Bid for Restaurant Group
By Ian Walker The Restaurant Group has confirmed that it has received an approach from PizzaExpress Group owner Wheel Topco regarding diligence information ...
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Net Profit Forecast
Industrial & Commercial Bank of China is expected to report a 1.4% decline in net profit to 92.99 billion yuan ($12.71 billion) for ...
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General Motors Investors Get Good News
Investors of General Motors (GM) can finally breathe a sigh of relief as some positive news comes their way. While concerns regarding the ...
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Etsy Stock Lower as Analysts Express Concerns about Sales
Etsy stock experienced a decline on Wednesday after a team of analysts expressed worries about the online marketplace’s sales performance. Citi analysts Ygal ...
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Gap Inc: A Compelling Turnaround Story Gaining Traction
Wells Fargo & Co. analyst, Ike Boruchow, recently upgraded Gap Inc. to overweight from equal weight, citing a potential “turnaround story gaining traction.” ...
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Automatic Data Processing Reports Higher Earnings and Revenue
Automatic Data Processing (ADP), a leading payroll-services company, announced positive financial results for its fiscal first quarter. The company experienced growth in both ...
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Hilton’s Q3 Earnings Exceed Expectations, but Q4 Outlook Falls Short
Shares of Hilton Worldwide Holdings Inc. (HLT) experienced a 1.1% decline in premarket trading on Wednesday following the release of their third-quarter earnings ...
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Stock Futures Fall Following Mixed Earnings Results
Stock futures were on a downward trend Wednesday, with tech shares leading the decline, in response to the mixed earnings reports from Microsoft ...