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StoneCo Surges 27% As Company Reports Growth In Payment Volume In Q1
Wednesday, May 27, 2020 - 2:00am | 225Read More...The shares of StoneCo Ltd. (NASDAQ: STNE) surged in the after-hours session on Tuesday, as the Brazilian financial technology company reported earnings for its first quarter ending March. Q1 Earnings StoneCo posted a total revenue of $134 million, up 33% from the $100.2 million reported in the same...
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Teladoc Narrows Loss In Q1 As Coronavirus Causes Demand Surge For Remote Health Services
Thursday, April 30, 2020 - 2:23am | 404Read More...Teladoc Health Inc. (NYSE: TDOC) on Wednesday reported that it reduced losses in the first quarter compared to a year ago, as the novel coronavirus (COVID-19) pandemic caused a surge in demand for its services. Q1 Earnings The New York-based company posted a net loss of $29.6 million in Q1, down...
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Pinterest Shares Rise Sharply After Preliminary Q1 Numbers Beat Analyst Projections
Wednesday, April 8, 2020 - 4:00am | 438Read More...Pinterest Inc. (NYSE: PINS) shares rose sharply on Tuesday in after hours trading as the company gave higher than expected Q1 earnings guidance. What Happened Pinterest released preliminary financial results for the quarter ended March 31 and withdrew guidance for full-year 2020 due to the...
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Flat Volumes And Bleak First-Quarter Guidance From Carriers
Monday, February 3, 2020 - 12:31pm | 578Read More...The Outbound Tender Volume Index (OTVI.USA) has stayed relatively horizontal below its March 2018 starting point of 10,000 since it recovered from its New Year's trough. The index currently sits at 9,606.97, which is above its yearly comparable by less than 1%. At this point in the year, it is...
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Container Lines Boost Blank Voyages As Q1 Downturn Looms
Thursday, January 9, 2020 - 12:46pm | 958Read More...The downturn in U.S.-China trade is forcing ocean carriers to cancel a growing number of weekly sailings in the trans-Pacific trade lane, according to a container shipping expert. The cancellations point to a longer recovery in trade between the world's two largest economies and augurs a poor start...
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Uber's First Quarter A Mixed Bag, Stock Up After Hours On Margin Outlook
Friday, May 31, 2019 - 11:07am | 748Read More...Uber Technologies Inc. (NYSE: UBER) announced first quarter 2019 results which were $0.01 share worse than analyst expectations at a loss of $2.26 per share. Revenue of $3.1 billion was $20 million better than forecasts. Total revenue increased 20 percent year-over-year to $3.1 billion. Gross...
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Walmart Earnings Beat Analyst Expectations Behind Strong E-Commerce Growth
Thursday, May 16, 2019 - 11:36am | 375Read More...Walmart Inc (NYSE: WMT) posted adjusted earnings of $1.13 per share for the first quarter of 2019, coming in higher than analyst estimates of $1.02. The retail giant's U.S. same-store sales were up 3.4 percent, its highest first-quarter results in nine years and fourth consecutive quarter...
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Epic Gas Reports Minimal First Quarter Losses
Wednesday, May 15, 2019 - 12:07pm | 605Read More...Singapore-headquartered liquefied petroleum gas and petrochemicals ocean carrier, Epic Gas today announced minimal losses of US$300,000 in the first quarter of 2019. That's an improvement of 89 percent, which represents a U$2.4 million uptick from the losses recorded in the first quarter...
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Yang Ming Trims First Quarter Loss With Container Volumes
Wednesday, May 15, 2019 - 11:57am | 254Read More...Yang Ming Marine Transport narrowed its first quarter 2019 loss thanks to higher volumes of container shipments. The Taiwanese liner operator reported first quarter revenue of $1.14 billion, up 5 percent from a year earlier. The company's net loss, after tax was $22 million in the first...
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Navigator Fails To Find Profit With First Quarter Net Loss Of $3.3m
Tuesday, May 14, 2019 - 10:27am | 1524Read More...Specialist liquid-gas ocean carrier Navigator Gas evidently had a faulty compass in the first quarter of 2019 as it reported a $3.3m loss. The company attributed its results to geopolitical issues along with a variety of one-off incidents around the world. Together they tended to cause an...
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Logistics Unit Helps Matson In 2019's First Quarter
Friday, May 10, 2019 - 11:51am | 346Read More...U.S.-based container ship operator Matson (NYSE: MATX) reported first quarter 2019 results that were above analysts' estimates, thanks to strength in the company's logistics business. The Honolulu-based Matson reported net income of $12.5 million for the first quarter, down from the $14.2...
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Tariff Troubles: Market Retreat Looks To Continue As U.S. Raises Levies On China Goods
Friday, May 10, 2019 - 9:52am | 1876Read More...If you happened to glance at stock futures early this morning after the U.S. raised tariffs on China just after midnight, you might have been surprised to see the market moving higher. It looks like some investors had hoped that with the Chinese delegation still in Washington, something could...
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Cervus Reports Drop In New Truck Sales In First-Quarter Loss
Thursday, May 9, 2019 - 12:06pm | 246Read More...Cervus Equipment reported a higher than expected loss and lower revenue in its first quarter, which included a sharp drop in truck sales. The Canadian firm, which owns a network of heavy equipment dealers, incurred a loss of C$2.7 million (the Canadian dollar equals US$0.74) compared to C$0.1...
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A Look At Tata Motors Through Benzinga's Securities Lending Volatility Index
Thursday, May 9, 2019 - 10:49am | 515Read More...Benzinga’s Securities Lending Volatility Index (SLVX) Powered by Tidal Markets, is an indicator that forecasts stock market activity for broader indices and individual securities. To demonstrate the use of the SLVX as a stock market indicator, we show how changes in the SLVX predicted a -5....
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Key Day Shapes Up For Trade Talks But Earnings Also In Focus As Disney Results Gleaned
Thursday, May 9, 2019 - 9:52am | 2107Read More...You sometimes hear that sausage-making is a messy process that shouldn’t be watched too closely. The same might be true when it comes to trade negotiations with China. We’re basically watching it unfold right in front of our eyes, and that makes for some choppy, volatile trading. Those...
