We’re changing our TJX price target despite retailer’s light guidance

TJX Companies delivered strong quarterly results before Wednesday's opening bell. While guidance was a bit below expectations, it was not overly concerning given the off-price retailer's proclivity to under-promise and over-deliver. Revenue during TJX's fiscal 2025 third quarter ended Nov. 2 rose 6% year-over-year to $14.06 billion, beating the...

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Xiaomi Q3 revenue soars 30.5% as sales of its first electric car surge

GUANGZHOU, CHINA - NOVEMBER 15, 2024 - Visitors view a Xiaomi SU7 Ultra new energy vehicle at 2024 Guangzhou Auto Show in Guangzhou, South China's Guangdong province, Nov 15, 2024. (Photo credit should read CFOTO/Future Publishing via Getty Images)Cfoto | Future Publishing | Getty ImagesChinese electronics maker Xiaomi Corp...

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Home Depot is on the verge of earnings rebound after beating estimates

Home Depot on Tuesday delivered better-than-feared quarterly results and appears to be on the verge of an earnings rebound heading into 2025. Net sales in the three months ended Oct. 27 rose 6.6% year over year to $40.2 billion, outpacing the $39.3 billion estimate, according to LSEG. Adjusted earnings...

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AMC Entertainment posts revenue decline due to fewer big releases

An AMC theater is pictured in Times Square in the Manhattan borough of New York City.Carlo Allegri | ReutersAMC Entertainment on Wednesday reported a fall in third-quarter revenue and saw a decline in attendance at its theater chain, hurt by fewer blockbuster releases from Hollywood studios.Shares of the Leawood,...

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Ferrari’s core profit rises 7%, helped by product mix, personal touches

A Ferrari logo is being installed on a Ferrari car at Ferrari's new 'e-building' facility where the luxury sportscar maker is testing lines before an expected start of car production in early 2025, in Maranello, Italy, June 21, 2024. Daniele Mascolo | ReutersFerrari said on Tuesday its core earnings rose...

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Coterra Energy posts a mixed quarter, delivers on what matters most

Coterra Energy on Thursday delivered mixed third-quarter results for sales and earnings. However, production volumes and cash generation — the latter being what the Street really cares about — came in ahead of expectations. Revenue in the three months ended September 30 was essentially flat versus the year ago...

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JetBlue’s full-year revenue forecast misses estimates, shares fall

Employees of Jet Blue airlines work around an Airbus A320 passenger aircraft in a maintenance hangar of the company at JFK International Airport in New York on March 4, 2024, prior of a Career Discovery Week event. Charly Triballeau | AFP | Getty ImagesJetBlue Airways forecast a bigger-than-expected fall in...

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