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eBay downgraded, GM upgraded: Wall Street's top analyst calls

Ferguson Enterprises Inc. (NYSE:FERG) shares are trading lower after the company reported first-quarter results. The company reported net sales of $7.77 billion, which was 0.8% higher year over year, missing the consensus of $7.83 billion. Organic revenue fell by 0.3%, with a 1.1% negative impact from acquisition growth. Net sales in the U.S. business increased by 0.5%, while that in Canada grew by 6.3%. Gross margin contracted by 10 basis points to 30.1% in the first quarter. Adjusted operating

On Monday, Chimerix (NASDAQ:CMRX) announced that, following extensive dialogue with the FDA, the company plans to submit a complete New Drug Application (NDA) seeking accelerated approval for dordaviprone for recurrent H3 K27M-mutant diffuse glioma in the U.S. before year-end. A glioma is a tumor that originates in the glial cells of the brain or spinal cord and is the most common primary brain tumor. Chimerix stock is trading higher on a strong session volume of 4.31 million, compared to an ave

On Tuesday, Automotive retailer AutoZone, Inc (NYSE:AZO) reported fiscal first-quarter earnings per share of $32.52, missing the Street view of $33.76. Quarterly revenues of $4.28 billion (+2.1% year over year) missed the analyst consensus of $4.30 billion. AutoZone said the company’s same-store sales increased 0.4% (or 1.8% in constant currency), while domestic sales grew 0.3%. Also Read: Booz Allen and Palantir Partner To Drive US Defense Operations The quarter’s gross profit margin was 53.0%,

Macy’s, Inc. (NYSE:M) will release its third-quarter financial results, before the opening bell, on Wednesday, Dec. 11. Analysts expect the New York-based retailer to report quarterly earnings at 3 cents per share, down from 21 cents per share in the year-ago period. Macy’s projects quarterly revenue of $4.72 billion, compared to $4.86 billion a year earlier, according to data from Benzinga Pro. On Nov. 26, Telsey Advisory Group analyst Dana Telsey maintained Macy’s with a Market Perform and mai

Ferguson's (FERG) fiscal first-quarter earnings declined on an annual basis and sales fell short of

(Bloomberg) -- Morgan Stanley and Citigroup Inc. wealth executives are seeing private markets increasingly shape their businesses, marking a major shift from liquid assets that historically drove financial markets.Most Read from BloombergBrace for a Nationwide Shuffle of Corporate HeadquartersCloud Computing Tax Threatens Chicago’s Silicon Valley DreamA Chicago Skyscraper Cements the Legacy of a Visionary Postmodern ArchitectSan Francisco, Paris Named Best Cities for Urban TransportationDC Busin

News of the day for Dec. 10, 2024

The grocery chain promoted Tom Henry to succeed Bob Hardester, who is retiring later this month.

Two fast-growing areas of technology may be close to breaking out.