Lower Participation and Reduced Revenue in School Reading Events Division
Scholastic experiences lower participation and reduced revenue in its school reading events division, leading to a decline in shares.
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Lennar Shares Dip After Strong Earnings Report
Lennar Corporation's shares dipped in after-hours trading following the release of its impressive fourth-quarter earnings. Concerns about home sales m...
Charles M. Hall
Dow Jones Hits New Highs After Fed Signals Rate Cuts
The Dow Jones Industrial Average reaches record highs following the Federal Reserve's indication of potential rate cuts in 2024.
Charles M. Hall
The Federal Reserve's Efforts to Curb Inflation Fuel Treasury Rally
The recent rally in Treasuries received a fresh boost as confidence in the Federal Reserve's ability to control inflation grew. This positive turn of...
Charles M. Hall
Vir Biotechnology to Cut Workforce and Close Research Facilities
San Francisco-based immunology company, Vir Biotechnology, will cut workforce by 12% and close two research facilities to save $40 million annually. T...
Charles M. Hall
Target Hospitality's Stock Falls After Soft Revenue Forecast
Target Hospitality's stock has dropped to its lowest level in over a year following the company's announcement of a weak revenue forecast for next yea...
Charles M. Hall
U.S. Wholesale Prices Remain Stable in November
U.S. wholesale prices remained stable in November, with a gradual decline in inflation. Gas prices decreased, while major categories remained subdued....
Charles M. Hall
Inditex Raises Profitability Outlook for Zara Clothing Stores
Inditex, owner of Zara clothing stores, raises profitability outlook after strong performance and sales growth. Slowed sales growth raises concerns. R...
Charles M. Hall
Vertex Launches $557 Million Bid for Pagero
U.S. software company Vertex has made a significant move in the e-invoicing industry with a cash bid of $557 million for Swedish provider Pagero, emph...
Charles M. Hall
Harbor Custom Development Files for Chapter 11 Bankruptcy
Harbor Custom Development and its wholly owned subsidiaries file for Chapter 11 bankruptcy, causing a sharp decline in shares. The company plans to ei...
Charles M. Hall
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