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$Cal-Maine Foods (CALM.US)$Reports egg sales fell 0.2% Y/Y to 271.278M in Q3.
Revenue of $345.59M (-10.0% Y/Y) beats by $7.27M.
Revenue of $345.59M (-10.0% Y/Y) beats by $7.27M.
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Dark Sky, the popular weather app, has been published by Apple. NEWS OF THE ACQUISITION COMES BY WAY OF DARK SKY'S OWN BLOG.
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$Restoration Hardware (RH.US)$ cratered more than 11% after it withdrew its full year guidance and said lower traffic hurt its quarterly revenue. RH estimated revenue of $665 million, lower than the $709 million expected by estimated, according to Refinitiv.
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$Cheesecake Factory (CAKE.US)$
rose 5% Tuesday after the stock was upgraded to buy from hold at Gordon Haskett. The firm said in a note that the company has already announced the bad news — namely furloughs and issues paying rent — that will soon hit many restaurant companies, which has led to an “exaggerated sell-off.”
rose 5% Tuesday after the stock was upgraded to buy from hold at Gordon Haskett. The firm said in a note that the company has already announced the bad news — namely furloughs and issues paying rent — that will soon hit many restaurant companies, which has led to an “exaggerated sell-off.”
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Shares of $Carnival (CCL.US)$ jumped more than 9% after the company announced that it was issuing two sets of bonds and a secondary stock offering to raise $6 billion in cash. The company also announced that it was suspending its dividend. Rival $Norwegian Cruise (NCLH.US)$
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Shares of $American Airlines (AAL.US)$ rose nearly 3% after Reuters reported the airline plans to apply for up to $12 billion in government assistance. That would mean no involuntary layoffs or pay cuts over the next six months.
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High-flying, stay-at-home stock $Zoom Video Communications (ZM.US)$ sunk 3.5% after the New York Times reported that Zoom’s privacy practices are being investigated by the New York State Attorney General’s office.
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The yield on 10-year Treasuries declined five basis points to 0.68%.
Gold sank 3.1% to $1,591.60 an ounce.
West Texas Intermediate crude increased 0.9% to $20.28 a barrel.
West Texas Intermediate crude increased 0.9% to $20.28 a barrel.
The Stoxx Europe 600 Index added 1.7%.
The MSCI Asia Pacific Index gained 0.3%.
Gold sank 3.1% to $1,591.60 an ounce.
West Texas Intermediate crude increased 0.9% to $20.28 a barrel.
West Texas Intermediate crude increased 0.9% to $20.28 a barrel.
The Stoxx Europe 600 Index added 1.7%.
The MSCI Asia Pacific Index gained 0.3%.
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Shares of several oil and energy companies are trading higher after US President Trump and Russian President Putin agreed to talks with the aim of stabilizing energy markets. Oil has been hurt this year by lower demand as well as a price conflict between Russia and Saudi Arabia.
The basic materials sector became the only green in the market:
The basic materials sector became the only green in the market:
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For weekly losers, Sidoti & Co. changed the rating for $AMN Healthcare Services (AMN.US)$from Buy to Neutral, after a steady climb since last year. Besides, oil stocks are the most losers, as the U.S. would cut 0.75million barrels of oil production per day due to the oil price war raised by Saudi Arabia and Russia hurt the U.S.'s shale production. Worse still, America may lose its first position of oil production at the end of 2020, predicted by some analysts.
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