Target Comparable Sales In Combined November/December Period Rise 17.2% – Quick Facts

Discount retailer Target Corp. (TGT) on Wednesday provided an update on holiday sales, noting that comparable sales in the combined November/December period grew 17.2 percent. The results were driven by a 4.3 percent increase in traffic and a 12.3 percent … Read more…

Shaw Communications Says On Track To Meet FY21 Outlook Of Adj. EBITDA Growth – Quick Facts

While reporting its financial results for the first quarter on Wednesday, Shaw Communications Inc. (SJR) said it remains on track to meet its fiscal 2021 guidance of adjusted EBITDA growth over fiscal 2020, consolidated capital investments of about C$ 1.0 … Read more…

Jacobs Sees FY21 Earnings In Line With Estimates; Launches Focus 2023 Initiative – Quick Facts

While reporting its financial results for the fourth quarter on Tuesday, Jacobs Engineering Group Inc. (J) initiated its forecast for fiscal 2021 adjusted earnings of $ 5.20 to $ 6.00 per share and adjusted EBITDA of $ 1.055 billion to … Read more…

Amphenol Reinstates FY20 Outlook Above View; Boosts Qtly. Dividend 16% – Quick Facts

While reporting financial results for the third quarter on Wednesday, Amphenol Corp. (APH) reinstated its earnings, adjusted earnings and sales guidance for the full-year 2020, above analysts’ expectations. It also provided outlook for the fourth quarter and raised quarterly dividend … Read more…

McCormick Reinstates FY20 Outlook; Announces 2-for-1 Stock Split – Quick Facts

While reporting financial results for the third quarter on Tuesday, McCormick & Co., Inc. (MKC) reinstated its adjusted earnings and sales guidance for the full year 2020, reflecting strong business performance driven by expected sales growth. RTT – Earnings BEST … Read more…

Big Lots Does Not Re-instate FY20 Outlook; Declares Qtly. Cash Dividend Of $0.30/Shr – Quick Facts

While reporting financial results for the second quarter on Friday, discount retailer Big Lots, Inc. (BIG) said it is not in a position to re-instate its financial guidance for the full-year 2020 as it continues to believe it does not … Read more…

Dycom Industries Expects Q3 Revenues To Be In-line To Modestly Lower Than Q2 – Quick Facts

While reporting financial results for the second quarter on Tuesday, Dycom Industries, Inc. (DY) anticipates contract revenues and margins for the third quarter to range from in-line to modestly lower on a sequential basis for the second quarter, based on … Read more…

Allete Re-initiates FY20 Adj. EPS Outlook In Line With Estimates – Quick Facts

While reporting financial results for the second quarter on Wednesday, energy company Allete Inc. (ALE) re-initiated its adjusted earnings guidance for the full-year 2020, based on constructive indications of improving production from Minnesota Power’s industrial customers. RTT – Earnings BEST … Read more…

Children’s Place Not Providing FY20 Guidance Amid COVID-19 – Quick Facts

While reporting financial results for the first quarter on Thursday, children’s specialty apparel retailer The Children’s Place, Inc. (PLCE) said it is not providing financial guidance for fiscal 2020 as a result of the continued uncertainty regarding the coronavirus (COVID-19) … Read more…

Guess? Sees Q2 Revenue Decline Similar To Q1; Postpones Dividend Payment – Quick Facts

While reporting its financial results for the first quarter on Wednesday, Guess? Inc. (GES) said it expects that the COVID-19 crisis will continue to have a material impact on its consolidated financial position, consolidated results of operations, and consolidated cash … Read more…

Mark Cuban: ‘There is no quick fix’ to systemic racism but white people ‘need to change’

Billionaire Mark Cuban wrote on Twitter about how his own thinking on race has evolved and shared an open letter from Emerson College president M. Lee Pelton that discusses longstanding issues of racism in America. Wealth SPECIAL NEWS UPDATE: Click … Read more…

Mortgage demand from homebuyers shows unexpectedly strong and quick recovery, as applications spike 9% from a year ago

It’s not as if the coronavirus pandemic has gone away, but after a sharp pullback, homebuyers are now piling back into the housing market much faster than expected. Economy ECONOMY NEWS UPDATE: SPECIAL NEWS UPDATE: Click today to request your … Read more…

Op-ed: U.S. should enlist tech companies to build global quick response system to prevent future pandemic

It’s not too late for the United States – driven by the cutting-edge capabilities of its technology companies – to leverage the coronavirus tragedy into a historic opportunity. Commentary BEST DEAL UPDATE: Best of Web Pricing! Search 280+ weekly Flights … Read more…