Index Investing News
Monday, May 26, 2025
No Result
View All Result
  • Login
  • Home
  • World
  • Investing
  • Financial
  • Economy
  • Markets
  • Stocks
  • Crypto
  • Property
  • Sport
  • Entertainment
  • Opinion
  • Home
  • World
  • Investing
  • Financial
  • Economy
  • Markets
  • Stocks
  • Crypto
  • Property
  • Sport
  • Entertainment
  • Opinion
No Result
View All Result
Index Investing News
No Result
View All Result

Harley-Davidson, Visa, Microsoft, Biogen and more

by Index Investing News
October 26, 2022
in Stocks
Reading Time: 3 mins read
A A
0
Home Stocks
Share on FacebookShare on Twitter


A mechanic works on a motorcycle at a Harley-Davidson showroom and repair shop in Lindon, Utah, on Monday, April 19, 2021.

George Frey | Bloomberg | Getty Images

Check out the companies making headlines in midday trading.

Harley-Davidson — Shares of the motorcycle company climbed 13% after Harley reported quarterly earnings beat top- and bottom line estimates. The Wisconsin company said higher shipments and strong pricing helped its performance.

Rollins — The pest control services company jumped 10% following strong Q3 earnings. Rollins posted earnings of 22 cents per share, compared to FactSet estimates of 21 cents per share. Revenue came in at $729.7 million for the quarter against analysts’ $714.9 million estimate, according to FactSet.

Spotify — Shares of the streaming audio company fell more than 8% after Spotify reported a wider-than-expected Q3 loss. The per-share loss was 0.99 euros per share on 3.04 billion of euros in revenue. Analysts surveyed by Refinitiv were expecting a loss of 0.85 euros per share and 3.02 billion of euros in revenue. Spotify’s gross margin declined year over year even as subscribers grew.

Hess Corp — The oil and gas explorer saw shares increase 5% midday following a better-than-expected quarterly earnings report, according to FactSet. Hess also reported Guyana net production of 98,000 barrels of oil per day, compared with 32,000 in the prior-year quarter.

Carnival Corp — The cruise company saw its shares add 3% after announcing the closing of $2.03 billion of senior priority notes due 2028, issued by one of its subsidiaries for refinancing.

Alphabet — Shares of the Google parent slipped 6% Wednesday after it reported quarterly results that missed Wall Street’s expectations on the top and bottom lines. A revenue miss for YouTube ads weighed on the quarter. Alphabet also said it would reduce headcount going forward.

Microsoft — Microsoft fell about 5%, one day after the maker of Windows software released its fiscal first-quarter earnings and offered weak guidance for the quarter ending in December. The drop came despite Barclays analysts’ comments Wednesday, which said management is still guiding for revenue and profit that “should ensure relative outperformance.”

Visa — Shares jumped 5.4% after the credit card company beat expectations on the top- and bottom lines in its most recent quarter, and raised its dividend by 20%. Visa reported earnings of $1.93 per share on revenue of $7.79 billion. Analysts surveyed by Refinitiv were forecasting earnings of $1.86 per share on revenue of $7.55 billion.

Discover Financial Services — The financial services stock gained 3.5% following an upgrade to overweight by Morgan Stanley. The bank said Discover can use its excess capital to restart its buyback program.

Biogen — Biogen shares gained 3% after Goldman Sachs upgraded the biotech stock Wednesday, saying it has a lot more potential upside thanks to positive new data around the company’s early Alzheimer’s drug. Goldman also raised its price target on Biogen, implying about 35% upside from where it closed Tuesday.

Chipotle Mexican Grill — Shares of the chain dropped 2.5% despite Q3 earnings that beat analyst expectations. CMG reported revenue of $2.22 billion versus the $2.23 billion expected by analysts surveyed by Refinitiv. Chipotle raised menu prices during the quarter, offsetting decreased traffic. FactSet noted analysts’ concern that higher prices might eventually hurt comparable sales.

 — CNBC’s Jesse Pound, Carmen Reinicke, Michelle Fox, Sarah Min and Samantha Subin contributed reporting.



Source link

Tags: BiogenHarleyDavidsonMicrosoftVisa
ShareTweetShareShare
Previous Post

The Pennsylvania Debate on the Minimum Wage

Next Post

Blockchain Makes Deeper Inroads Into Real Estate As Roofstock Announces Its First NFT Home Sale

Related Posts

THW: Revenue Traders Probably To Face A Large Distribution Minimize

THW: Revenue Traders Probably To Face A Large Distribution Minimize

by Index Investing News
May 25, 2025
0

This text was written byObserveTrapping Worth is a crew of analysts with over 40 years of mixed expertise producing choices...

LRGF: Low-Charge Issue ETF With Convincing Efficiency Is A Purchase (NYSEARCA:LRGF)

LRGF: Low-Charge Issue ETF With Convincing Efficiency Is A Purchase (NYSEARCA:LRGF)

by Index Investing News
May 25, 2025
0

This text was written byObserveVasily Zyryanov is a person investor and author.He makes use of numerous methods to seek out...

TreeHouse Meals: Effectivity Beneficial properties Priced In, Truthful Valuation Helps Maintain (NYSE:THS)

TreeHouse Meals: Effectivity Beneficial properties Priced In, Truthful Valuation Helps Maintain (NYSE:THS)

by Index Investing News
May 24, 2025
0

This text was written byObserveI'm an enthusiastic fairness analysis and funding analyst with a powerful curiosity in making use of...

Seagate Know-how Holdings plc (STX) Seagate 2025 Investor and Analyst Convention – (Transcript)

Seagate Know-how Holdings plc (STX) Seagate 2025 Investor and Analyst Convention – (Transcript)

by Index Investing News
May 23, 2025
0

Seagate Know-how Holdings plc (NASDAQ:STX) Seagate 2025 Investor and Analyst Convention Name Could 22, 2025 9:00 AM ET Firm Members...

2 BDCs That Qualify For The Retirement Earnings League

2 BDCs That Qualify For The Retirement Earnings League

by Index Investing News
May 23, 2025
0

This text was written byObserveRoberts Berzins has over a decade of expertise within the monetary administration serving to top-tier corporates...

Next Post
Blockchain Makes Deeper Inroads Into Real Estate As Roofstock Announces Its First NFT Home Sale

Blockchain Makes Deeper Inroads Into Real Estate As Roofstock Announces Its First NFT Home Sale

Dabur India to acquire majority stake in Badshah Masala for Rs 587 crore

Dabur India to acquire majority stake in Badshah Masala for Rs 587 crore

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

RECOMMENDED

VPR’s Kristina Kelly Accuses Producers Of Instigating Raquel Leviss Fight!

VPR’s Kristina Kelly Accuses Producers Of Instigating Raquel Leviss Fight!

June 23, 2023
Tuniu Stock: If China Opens Up The Company Should Run (TOUR)

Tuniu Stock: If China Opens Up The Company Should Run (TOUR)

December 29, 2022
The Auto Sector’s Green Transition: Three Roads to Lower Returns?

The Auto Sector’s Green Transition: Three Roads to Lower Returns?

September 23, 2023
Seattle extends affordable housing development exemption

Seattle extends affordable housing development exemption

December 21, 2022
David Fincher Talks Remastering ‘Seven’ And More – Tribeca Festival – Deadline

David Fincher Talks Remastering ‘Seven’ And More – Tribeca Festival – Deadline

June 16, 2023
A whole bunch of Suicidal Teenagers Sleep in Emergency Rooms. Each Night time.

A whole bunch of Suicidal Teenagers Sleep in Emergency Rooms. Each Night time.

May 8, 2022
No signs of US slowdown in surprisingly robust jobs market

No signs of US slowdown in surprisingly robust jobs market

February 5, 2023
Rivian: Gap Widens Between Delivery And Capacity; Speculative Portfolios Only (RIVN)

Rivian: Gap Widens Between Delivery And Capacity; Speculative Portfolios Only (RIVN)

May 28, 2023
Index Investing News

Get the latest news and follow the coverage of Investing, World News, Stocks, Market Analysis, Business & Financial News, and more from the top trusted sources.

  • 1717575246.7
  • Browse the latest news about investing and more
  • Contact us
  • Cookie Privacy Policy
  • Disclaimer
  • DMCA
  • Privacy Policy
  • Terms and Conditions
  • xtw18387b488

Copyright © 2022 - Index Investing News.
Index Investing News is not responsible for the content of external sites.

No Result
View All Result
  • Home
  • World
  • Investing
  • Financial
  • Economy
  • Markets
  • Stocks
  • Crypto
  • Property
  • Sport
  • Entertainment
  • Opinion

Copyright © 2022 - Index Investing News.
Index Investing News is not responsible for the content of external sites.

Welcome Back!

Login to your account below

Forgotten Password?

Retrieve your password

Please enter your username or email address to reset your password.

Log In