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The company also lowered its financial outlook for the fiscal year ahead, projecting earnings per share between $20 and $21 versus its prior range of $20 to $22. That sent shares tumbling nearly 15%.
Nike named a new CEO Thursday, sending its stock up nearly 10% in after-hours trading as the company attempts to reinvigorate slowing sales growth amid increased competition.Elliott Hill, a former ...
Shipping stocks have been on the rise as tensions in the Red Sea have reduced container availability — and have sent freight costs higher. For example: Maersk (MAERSK-A.CO, MAERSK-B.CO) shares ...
COSCO Shipping Shengshi, a vehicles carrier ship, Sète, 2018. China COSCO Shipping Corporation Limited, abbreviated as COSCO Shipping, is a Chinese state-owned multinational conglomerate headquartered in Shanghai. The group is focused on marine transportation services. [2] COSCO Shipping was established in January 2016 by the merger of COSCO ...
Finance. Yahoo! Yahoo! Finance is a media property that is part of the Yahoo! network. It provides financial news, data and commentary including stock quotes, press releases, financial reports, and original content. It also offers some online tools for personal finance management. In addition to posting paid partner content from other web sites ...
Uber’s stock price jumped nearly 3% to $75.50 in late morning trading. Shares of Darden eased slightly from their initial spike after market open, up just over 7%.
American Shipping Company ASA (OSE: AMSC), formerly known as Aker American Shipping ASA, is a Norwegian-American shipping and shipyard company and part of the Aker Group. [ 2 ] [ 3 ] Aker ASA originally owned 53.2% of the company, and in 2008 reduced its ownership share to 19.9%.
The company promised $50 billion in dividends and stock buybacks through 2027, as well. ... And now it's time for the next chapter," Sievert said on Yahoo Finance moments after the event concluded ...