Top Headline
Coach COH reported downbeat fiscal second-quarter profit.
Its revenue declined 5.6% to $1.42 billion. However, analysts were expecting a profit of $1.11 per share on revenue of $1.48 billion.
Equities Trading UP
Brinker International EAT shot up 6.08 percent to $49.54 as the company reported upbeat FQ2 earnings.
Shares of Cree CREE were up as well, gaining 7.45 percent to $67.55 after beating street expectations in its second quarter report following the close Tuesday.
Equities Trading DOWN
Shares of Dendreon DNDN fell 6.52 percent to $3.01 despite little news on the issue Wednesday.
Advanced Micro Devices AMD shares tumbled 11.75 percent to $3.68. AMD projects Q1 revenue to drop 13% to 19% versus the fourth quarter.
Coach COH was down, falling 6.55 percent to $49.15 after the company reported downbeat fiscal second-quarter profit.
CommoditiesSilver traded down 0.01 percent Wednesday to $19.88, while copper fell 0.67 percent to $3.33.
EurozoneEconomics
The MBA reported that its index of mortgage application activity rose 4.70% in the week ended January 17.
The Johnson Redbook Retail Sales Index fell 0.2% in the first two weeks of January from December.
© 2024 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.
Date | ticker | name | Actual EPS | EPS Surprise | Actual Rev | Rev Surprise |
---|
Trade confidently with insights and alerts from analyst ratings, free reports and breaking news that affects the stocks you care about.