Breaking News
Nov 22, 2022
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Dollar Tree Q3 sales rose 8.1% to $6.9 billion and net income rose 23% to $267 million or $1.20 a share from $216 million or 96 cents a year ago.
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Dick's Sporting Q3 sales rose 7.7% to $3 billion and net income dropped 28% to $228 million or $2.45 a share from $317 million or $2.78 a year ago.
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Medtronic fiscal Q2 revenue fell 3.3% to $7.6 billion and net income plunged to $427 million from $1.3 billion or 32 cents from 97 cents a year ago.
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American Eagle Out Q3 revenue fell 3% to $1.2 billion and net income dropped to $81 million from $152 million or 44 cents from 91 cents a year ago.
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Nordstrom Q3 revenue eased 2.9% to $3.5 billion and swung to a net loss of $20 m from a profit of $64 m or 13 cents from 39 cents a year ago.
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HP Inc said the company plans to cut global staff between 4,000 and 6,000 over the next three years.
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HP Inc said fiscal Q4 revenue fell 11.2% to $14.8 billion and net income fell to breakeven from $3.1 billion or $2.71 per share a year ago.
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Autodesk Q3 revenue increased 14% to $1.2 billion and net income rose to $198 million from $137 million or 91 cents from 62 cents a year ago.
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China coronavirus infections rise above 24,000 for the second day in a row and several cities imposed stricter lockdowns.
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The People's Bank of China held its 1-year and 5-year loan rates for the third month in a row on the weakness in renminbi.
Nov 21, 2022