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    NEW YORK (AP) — Stocks that traded heavily or had substantial price changes Friday: Deckers Outdoor Corp., up $28.49 to $255.28. The maker of Ugg footwear handily beat Wall Street’s fourth-quarter profit forecasts. Palo Alto Networks Inc., up $42.31 to $478.68. The security software maker raised its financial forecasts for the year. Foot Locker Inc., up $1.24 to $31.54. The shoe store’s first-quarter earnings beat analysts’ forecasts. Applied Materials Inc., down $4.28 to $ 106.46. The maker of chipmaking equipment reported disappointing fiscal second-quarter financial results due to supply chain issues. Booz Allen Hamilton Holding Corp., down $2 to $78.84. The defense contractor gave investors a disappointing earnings forecast. Match Group Inc., up $1.65 to $76.70. The operator of dating app Match.com withdrew its request for a temporary restraining order against Google after it made concessions in a billing dispute. Deere & Co., down $51.31 to $313.31. Investors were disappointed by the tractor maker’s latest financial report. Ross Stores Inc., down $20.83 to $71.87. The discount retailer reported disappointing first-quarter financial results and said inflation would hurt profits. Copyright © 2022...
    NEW YORK (AP) — Walt Disney Co., down 90 cents to $104.31. The entertainment giant’s fiscal second-quarter earnings fell short of Wall Street forecasts. Beyond Meat Inc., down $1.09 to $25.08. The plant-based meat company reported disappointing first-quarter financial results as it slashed prices and demand from restaurants fell. Sonos Inc., up $2.71 to $21.72. The maker of wireless speakers and home sound systems reported strong fiscal second-quarter financial results. Tapestry Inc. up $4.11 to $30.63. The owner of the Coach and Kate Spade brands beat analysts’ fiscal third-quarter financial forecasts. AmerisourceBergen Corp., down $9.69 to $151.61 The prescription drug distributor told investors that it’s resuming stock buybacks. Freeport-McMoRan Inc., down $1.57 to $34.34. The copper miner slipped along with falling prices for the metal. Capital One Financial Corp., down $5.44 to $114.15. Bond yields fell and weighed on banks, which rely on higher yields to charge more lucrative interest on loans. Twitter Inc., down $1.01 to $45.08. The Securities and Exchange Commission is reportedly investigating Elon Musk’s late disclosure of his stake in the social media company. Copyright...
    PM Images | Getty Images Amid rising prices and a changing economy, many Americans question their ability to meet long-term financial goals, according to Country Financial's Security Index. The survey polled 1,023 U.S. adults from March 18 to March 20, and more than half believe swelling costs may have a "big negative impact" on plans like buying a home or the ability to retire comfortably. "Everyone's concerned about inflation," said Troy Frerichs, vice president of investment services at Country Financial, who wasn't surprised by worries about growing expenses.  More from Invest in You:5 ways to improve your credit score if applying for a mortgageMore Americans cash-strapped as cost of living rises across boardDeepak Chopra: Here's how to be mindful with your money However, there's a stark contrast between the fourth quarter of 2021 and the first quarter of 2022, he said. "We came out of last year in great shape," Frerichs explained. One quarter into 2022, however, the findings show there's now unease about reaching milestones.  About nine in 10 Americans are now concerned about inflation, and six in 10...
    NEW YORK (AP) — Stocks that traded heavily or had substantial price changes Wednesday: Advanced Micro Devices Inc., up $8.29 to $99.42. The chipmaker raised its revenue forecast for the year after reporting strong first-quarter financial results. Airbnb Inc., up $11.18 to $156.18. The short-stay home rentals company sharply narrowed its first-quarter loss as travel demand rebounded and it gave investors an encouraging revenue forecast. Starbucks Corp., up $7.31 to $81.64. The coffee chain reported surprisingly strong sales at stores that have been open at least a year, a key measure of health for retailers. Lyft Inc., down $9.20 to $21.56. The ride-hailing company gave investors a disappointing revenue forecast for its current quarter. Tupperware Brands Corp., down $5.76 to $12.15. The direct seller of plastic storage containers and cosmetics withdrew its financial forecasts for the year following a highly disappointing first quarter. Akamai Technologies Inc., down $11.03 to $102.77. The cloud services provider reported weak first-quarter earnings and revenue. Skyworks Solutions Inc. down $5.94 to $113.53. The chipmaker gave investors a weak financial forecast as strict COVID-19 lockdown...
    COPENHAGEN, Denmark (AP) — The world’s biggest shipping company, Denmark’s A.P. Moeller-Maersk, said Wednesday that it had delivered its “best earnings quarter ever,” driven by higher freight rates and more contracts being signed. The Copenhagen, Denmark-based company said its revenue for the first three months of the year came in at $19.3 billion, up from $12.4 billion for the same period last year. Profits before taxes came in at $7.3 billion, up from $3.1 billion a year ago. Maersk reported that the financial impact of Russia’s war in Ukraine amounted to $718 million in the first quarter. The company, which announced that it was withdrawing from Russia, said it completed its last cargo operation in a Russian port Monday. It said it has started the process to sell its 30.75% stake in Global Ports Investments, which operates six terminals in Russia and two in Finland. CEO Søren Skou said that while global supply chains remain under significant pressure, “we continue to demonstrate superior ability to help customers overcome logistic challenges.” The company added that its financial performance for the...
    NEW YORK (AP) — Stocks that traded heavily or had substantial price changes Tuesday: General Electric Co., down $9.29 to $80.59. The industrial conglomerate warned investors that inflation and other pressures weighed on its profit forecast for the year. Cadence Design Systems Inc., up 44 cents to $151.54. The maker of hardware and software products for validating chip designs raised its profit forecast for the year. Whirlpool Corp., up $8.29 to $187.16. The maker of Maytag, KitchenAid and other appliances reported strong first-quarter profits and increased its stock buyback plan by $2 billion. Zions Bancorp, down $5.26 to $55.83. The financial holding company warned that its fee income will decrease as it reduces some of its overdraft and nonsufficient funds fees. Universal Health Services Inc., down $13.44 to $125.32. The hospital and health facility operator’s first-quarter profit fell short of Wall Street forecasts. Axalta Coating Systems Ltd., up $1.12 to $26.24. The high-performance coating system maker beat Wall Street’s first-quarter profit and revenue forecasts. JetBlue Airways Corp., down $1.49 to $11.57. Widespread flight cancellations in April plus the need to...
    NEW YORK (AP) — Stocks that traded heavily or had substantial price changes Wednesday: Delta Air Lines Inc., up $2.40 to $41.02. The airline reported strong first-quarter revenue and said bookings have surged in recent weeks, setting up a breakout summer. JPMorgan Chase & Co., down $4.24 to $127.30. The bank reported disappointing first-quarter financial results as it wrote down nearly $1.5 billion in assets. Fastenal Co., up $1.29 to $58.98. The distributor of nuts and bolts for the building industry beat Wall Street’s first-quarter financial forecasts. Ashland Global Holdings Inc., up $7.50 to $106.08. The chemical company gave investors an encouraging financial update. NanoString Technologies Inc., down $11.08 to $21.87. The maker of genetic diagnostic systems gave investors a weak revenue update. PayPal Holdings Inc., down $3.08 to $105.17. The digital payments company’s chief financial officer resigned and took the same position at Walmart. Sierra Oncology Inc., up $15.23 to $54.75. GlaxoSmithKline is buying the drug developer for about $1.9 billion. Antares Pharma Inc., up $1.84 to $5.58. Halozyme is buying the drug developer for about $960 million. Copyright...
    NEW YORK (AP) — Stocks that traded heavily or had substantial price changes Thursday: Dollar General Corp., up $9.45 to $221.94. The discount retailer gave investors an encouraging sales forecast and raised its dividend. Williams-Sonoma Inc., up $8.24 to $160.69. The seller of cookware and home furnishings increased its dividend and announced a $1.5 billion stock buyback plan. PagerDuty Inc., up $5.60 to $32.45. The software developer’s fourth-quarter financial results beat Wall Street forecasts. Cheniere Energy Inc., up $2.41 to $128.29. The U.S. granted permission for additional sales to to Europe as it seeks to cut its dependence on Russian oil and gas. G-III Apparel Group Ltd., up $3.75 to $30.06. The clothing and accessories maker handily beat analysts’ fourth-quarter earnings forecasts. SecureWorks Corp., down $1.53 to $11.31. The information security services provider gave investors a disappointing financial forecast. Bioceres Crop Solutions Corp., down $1.52 to $13.35. The maker of agricultural products is buying Marrone Bio Innovations. Devon Energy Corp., up $5.06 to $57.52. Oil prices rose and lifted energy stocks. Copyright © 2022 The Associated Press. All rights reserved....
    MANCHESTER UNITED have confirmed Ole Gunnar Solskjaer and his staff received a multi-million pay-off as they released the financial results for the second quarter of the year. The Norwegian, 48, received a hefty £7.5million compensation package after his sacking in November. 1Man Utd have confirmed Ole Gunnar Solskjaer's mega pay-off after he was sackedCredit: Getty And several members of his backroom team also got a pay-out in the subsequent weeks as changes were made in the dug-out. Now United have revealed that they paid £10m in ‘exceptional items’ in the second quarter of the financial year. That figure includes the compo to Solskjaer and ‘certain members of the coaching staff’ that departed. It also takes into account revaluation of the Football League pension scheme deficit. More to follow… Most read in SportBIG NAIJA Meet Abiodun Adegoke, the 7ft9 NBA hopeful with size 53 feet championed by ShaqGLOVES ARE OFF Klitschkos on Putin's 'kill list’ as 400 mercenaries flown into UkraineHOME TIME Kyiv mayor and boxing legend Vitali Klitschko warns Russian army 'go back home'HOME BIRDIE Take a tour of Jordan...
    NEW YORK (AP) — Stocks that traded heavily or had substantial price changes Wednesday: Lowe’s Companies Inc., up 50 cents to $215.09. The home improvement retailer raised its profit forecast for the year after reporting strong fourth-quarter financial results. Palo Alto Networks Inc., up $2.10 to $477.61. The security software maker raised its profit forecast on strong demand for cybersecurity. Cadence Design Systems Inc., up $5.67 to $140.88. The maker of hardware and software products for validating chip designs reported strong fourth-quarter financial results. CoStar Group Inc., down $9.44 to $53.50. The commercial real estate information and marketing provider gave investors a weak profit forecast for the year. Diamondback Energy Inc., up $1.53 to $129.56. The energy exploration and production company beat Wall Street’s fourth-quarter profit forecasts and raised its dividend. Caesars Entertainment Inc., up $2.15 to $78.72. The casino and resort operator beat analysts’ fourth-quarter revenue forecasts. Tenneco Inc., up $9.37 to $19.35. The automotive parts maker is being bought by affiliates of private equity firm Apollo for about $7.1 billion. TJX Companies Inc., down $2.75 to $62.50....
    NEW YORK (AP) — Stocks that traded heavily or had substantial price changes Friday: Expedia Group Inc., down $5.40 to $192.12. The online travel company’s fourth-quarter revenue fell short of Wall Street forecasts. GoDaddy Inc., up $6.39 to $80.60. The web hosting company reported strong fourth-quarter financial results. Zillow Group Inc., up $6.06 to $53.92. The online real estate marketplace reported surprisingly strong fourth-quarter revenue. HubSpot Inc., up $10.46 to $544.92. The cloud-based marketing and sales software platform reported encouraging fourth-quarter financial results. DexCom Inc., down $21.71 to $420.56. The medical device company’s fourth-quarter profit fell short of Wall Street forecasts. American Axle & Manufacturing Holdings Inc., down 43 cents to $7.93. The maker of auto parts reported disappointing fourth-quarter earnings. Goodyear Tire & Rubber Co., down $5.96 to $15.78. The tire maker told investors that it continues to feel pressure on operations from rising inflation. Newell Brands Inc., up $2.43 to $24.39. The maker of Rubbermaid products and Elmer’s glue reported encouraging fourth-quarter financial results. Copyright © 2022 The Associated Press. All rights reserved. This material may not be...
    Stocks that traded heavily or had substantial price changes Thursday: Mattel Inc., up $1.74 to $24.49. The toymaker reported encouraging fourth-quarter earnings and revenue. Coca-Cola Co., up 34 cents to $61.38. The beverage company reported strong fourth-quarter financial results as coffee shops, movie theaters and other venues continued to reopen. AstraZeneca Plc., up $1.40 to $ 58.60. The pharmaceutical company’s fourth-quarter financial results beat Wall Street forecasts. Uber Technologies Inc., down $2.44 to $37.75. The ride-hailing company gave investors a disappointing bookings forecast for the current quarter. Datadog Inc., up $19.10 to $174.60. The data analytics and cloud monitoring company reported strong fourth-quarter financial results. Canada Goose Holdings Inc., down $5.58 to $28.37. The high-end coat maker’s fiscal third-quarter financial results fell short of Wall Street forecasts. Lumen Technologies Inc., down $1.99 to $10.83. The telecommunications company reported disappointing fourth-quarter profit and revenue. Walt Disney Co., up $4.93 to $152.16. The owner of ABC, ESPN and Marvel handily beat Wall Street’s fiscal first-quarter profit forecasts. Copyright © 2022 The Associated Press. All rights reserved. This material may not be...
    Affirm Holdings Inc. website home screen on a laptop computer in an arranged photograph taken in Little Falls, New Jersey.Gabby Jones | Bloomberg | Getty Images Affirm stock dropped as much as 24% on Thursday after the company reported second-quarter results ahead of schedule. Here's how the company did versus Refinitiv consensus expectations for the quarter ending in Dec.: Loss per share: $0.57 per share Revenue: $361 million vs. $328.8 million expected Affirm stock was up about 10% during trading ahead of the company's second-quarter earnings on Thursday. The early release came after an apparently since-deleted tweet sent from the official Affirm Twitter account on Thursday morning, which included details about the company's financial performance including that its sales rose by 77%. The tweet suggested that Affirm would beat revenue expectations. Analysts polled by Refinitiv had expected a 61% rise. Affirm is one of several hot "buy now, pay later" companies that offer short-term and low-interest loans to users when they buy consumer goods online. For example, users buying a $1,450 Peloton bike can pay it...
    NEW YORK (AP) — Stocks that traded heavily or had substantial price changes Tuesday: United Parcel Service Inc., up $28.48 to $230.69. The package delivery service beat Wall Street’s fourth-quarter profit and revenue forecasts. AT&T Inc., down $1.08 to $24.42. The telecommunications company is divesting its interest in WarnerMedia as part of its deal with Discover, and will cut its dividend. Electronic Arts Inc., down $2.72 to $129.94. The maker of “The Sims” and other video games named Chris Suh to replace Blake Jorgensen as chief financial officer. Woodward Inc., down 81 cents to $109.46. The maker of equipment for the defense and aerospace markets reported disappointing fiscal first-quarter financial results. Gannett Co., up 44 cents to $5.30. The owner of USA Today and other newspapers announced a $100 million stock buyback program. AMC Entertainment Holdings Inc., up 80 cents to $16.86. The movie theater chain gave investors an encouraging financial update. Catalent Inc., up $2.64 to $106.57. The maker of drug delivery technologies reported strong fiscal second-quarter financial results. Pitney Bowes Inc., down 95 cents to $5.21. The postage...
    President and Chief Executive Officer of the Federal Reserve Bank of Atlanta Raphael W. Bostic speaks at a European Financial Forum event in Dublin, Ireland February 13, 2019.Clodagh Kilcoyne | Reuters The Federal Reserve isn't ruling out raising interest rates by half of a percent instead of the typical quarter-point move if inflation remains high, Atlanta Fed President Raphael Bostic said in an interview with the Financial Times. Bostic reiterated to the news outlet his call for three quarter-point interest rate increases in 2022, starting in March. But he didn't rule out that a more aggressive approach was possible if the data evolves. "If the data say that things have evolved in a way that a 50 basis point move is required or [would] be appropriate, then I'm going to lean into that . . . If moving in successive meetings makes sense, I'll be comfortable with that," Bostic said in the interview. Bostic said he would be watching for a deceleration in monthly consumer price gains and whether higher wages are meaningfully boosting prices, according to the Financial Times. After more aggressive...
    NEW YORK (AP) — Stocks that traded heavily or had substantial price changes Thursday: Tesla Inc., down $108.31 to $829.10. The electric vehicle maker said a computer chip shortage will stop the company from rolling out new models in 2022. Intel Corp., down $3.64 to $48.05. The chipmaker gave investors a weak profit forecast. ServiceNow Inc., up $44.27 to $528.69. The maker of software that automates companies’ technology operations reported strong fourth-quarter financial results. Lam Research Corp., down $41.37 to $555.30. The semiconductor equipment maker said supply chain problems worsened in December. Edwards Lifesciences Corp., down $6.67 to $101.96. The medical device maker’s fourth-quarter earnings and revenue fell short of Wall Street forecasts. United Rentals Inc., up $12.04 to $319.80. The equipment rental company reported solid fourth-quarter financial results and announced a $1 billion stock buyback plan. Seagate Technology Holdings Plc., up $7.37 to $103.68. The electronic storage maker’s fiscal second-quarter profit and revenue beat analysts’ forecasts. Levi Strauss & Co., up $1.70 to $22.02. The jeans maker’s fourth-quarter financial results beat Wall Street forecasts. Copyright © 2022 The Associated...
    Stocks that traded heavily or had substantial price changes Wednesday: Microsoft Corp., up $8.22 to $296.71. The software maker beat analysts’ fiscal second-quarter profit forecasts on strong demand for its cloud-computing services and work software. Texas Instruments Inc., up $4.34 to $178.30. The chipmaker gave investors an encouraging profit forecast after reporting strong fourth-quarter financial results. Canadian National Railway Co., down $3.67 to $118.79. The railroad named a new CEO and made several changes to its board, averting a potential proxy fight with investor TCI Fund Management. F5 Inc., down $18.65 to $202.49. The computer networking company gave investors a disappointing revenue forecast as it faces supply chain constraints. Corning Inc., up $3.94 to $39.24. The specialty glass maker reported strong fourth-quarter financial results. Kimberly-Clark Corp., down $4.74 to $134.84. The maker of Kleenex tissues and other consumer goods gave investors a disappointing profit forecast for the year. Navient Corp., down $2.35 to $16.17. The student loan servicing company’s fourth-quarter profit fell short of Wall Street forecasts. Amphenol Corp., up 33 cents to $76.34. The maker of fiber-optic products reported...
    Stocks that traded heavily or had substantial price changes Thursday: Alcoa Corp., up $1.62 to $61.25. The bauxite, alumina and aluminum products company reported strong fourth-quarter financial results. Encompass Health Corp., up 68 cents to $61.90. The chain of rehabilitation care centers is spinning off its home health and hospice business. Casper Sleep Inc., up 56 cents to $6.29. Shareholders at the mattress maker approved a sale to investment group Durational Consumer. Travelers Companies Inc., up $5.11 to $165.18. The insurer handily beat Wall Street’s fourth-quarter profit and revenue forecasts. PacWest Bancorp, up 8 cents to $48.21. The owner of Pacific Western Bank reported strong fourth-quarter earnings. International Flavors & Fragrances Inc., up $1.62 to $141. Activist investor Carl Icahn reportedly took a 4% stake in the food and cosmetics ingredients supplier. Regions Financial Corp., down $1.23 to $22.42. The holding company for Regions Bank reported weak fourth-quarter earnings. Clorox Co., down $5.15 to $175.98. The bleach maker slipped as investors shifted money from household good makers and other so-called “safe-play” investments. Copyright © 2022 The Associated Press. All...
    Getty Images Many Americans aren't feeling optimistic about their money next year. Fully 26% believe their financial situation will get worse in 2022 and 42% believe it will stay about the same, a survey from Bankrate found. The financial website, through YouGov Plc, polled 2,450 adults Nov. 29-Dec. 1. Respondents lay the blame mostly on inflation: 70% of those who expect a worsening of their finances cite inflation as the biggest barrier to better money circumstances, and 44% of those who believe their financial situation will stay the same agreed. Inflation is essentially the rate of price increases over time. In November, consumer prices jumped 6.8% from 12 months ago, the fastest pace since 1982, according to the Labor Department. That means Americans are digging deeper into their wallets for everything from food to shelter to gasoline. Since last November, gas prices skyrocketed 58%, used cars and trucks spiked 31% and new vehicles are up 11%. Food prices are up 6% from 12 months ago and the cost of shelter increased 3.8% on the year. "For those that are living...
    NEW YORK (AP) — Stocks that traded heavily or had substantial price changes Thursday: Adobe Inc., down $64.24 to $566.09. The software maker gave investors a disappointing forecast. Accenture Plc., up $25.30 to $400.60. The consulting company raised its revenue forecast after reporting strong fiscal first-quarter financial results. Synchrony Financial, up 90 cents to $47.62. The consumer credit company added $1 billion to its stock buyback program. Lennar Corp., down $4.63 to $108.46. Investors were disappointed by the homebuilder’s fiscal fourth-quarter financial results. Nordson Corp., down $20.27 to $248.85. The maker of adhesives and industrial coatings reported weak fiscal fourth-quarter financial results. Blue Bird Corp., down 58 cents to $15.49. The school bus maker’s fiscal fourth-quarter profit fell short of analysts’ forecasts. Jabil Circuit Inc., up 67 cents to $64.45. The electronics manufacturer’s fiscal first-quarter profit and revenue beat Wall Street forecasts. Valero Energy Corp., up 51 cents to $68.75. Crude oil prides rose and pushed energy stocks higher. Copyright © 2021 The Associated Press. All rights reserved. This material may not be published, broadcast, written or redistributed.