Welltower (NYSE:WELL) updates 3Q 2022 earnings guidance
Welltower (NYSE: WELL – Get a score) on Tuesday morning issued an update on its Q3 2022 earnings guidance. The company provided EPS guidance of $0.82 to $0.87 for the period. The company issued revenue guidance of -. Welltower Stock Performance WELL opened at $81.69 on Tuesday. The stock’s 50-day simple moving average is $82.12, and its 200-day simple moving average is $86.92. Welltower has a one year low of $76.56 and a one year high of $99.43. The stock has a market cap of $37.08 billion, a PE ratio of 91.79, a P/E/G ratio of 4.15 and a beta…
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Meme shares rally, crude sinks in mixed trade for US stocks [Video]
The stock market is once again the meme market. On Tuesday, the major averages ended mixed, with the Dow down 0.7% after Walmart (WMT) better than feared, the S&P 500 rose 0.2% and the Nasdaq fell 0.2%. At the index level, recovery from mid-June lows remains the dominant theme. Beneath the surface, however, the resurgence of the meme trade served as the biggest story of the day. As the closing bell rang, shares of Bath & Beyond (BBBY), which halted at least twice on volatility during the day, closed up 29%. Shares of Bed, Bath & Beyond have more than…
Read More »NPTC Share Price – Stocks in News – Shares of NTPC, Cipla, SAIL, Mahanagar Gas and Future Group
Witty futures on the Singapore Stock Exchange traded 17 points, or 0.10 percent higher, at 17,873, indicating that Dalal Street was headed for a positive start on Wednesday. Here are a dozen stocks that may emerge higher in today’s trade: NTPC: The state-owned electricity giant launched a tender for a term loan of Rs 5,000 crore from financial institutions. According to the document, bids can be submitted until 11:00 a.m. on August 31. The minimum loan amount offered by banks or FIs should be Rs 500 crore or in multiples of Rs 500 crore. Cipla: The pharmaceutical company said it…
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Taiwan tensions force multinationals to rethink China risk
Multinational companies are drawing up contingency plans in the event of a military conflict between the US and China after Beijing launched an unprecedented series of exercises in Taiwan this month. Intensification of planning by business leaders in the US, Europe, Japan and elsewhere is a sign that China investors no longer view an invasion of Taiwan as just a low-probability “black swan” risk for the second largest economy in the world. “There are many scenarios in mind. . . to: ‘What will we do in the event of a war? Should we close our operations in China? How can…
Read More »Citi promotes Aveline San to head of Hong Kong and Macau
Citigroup has appointed Aveline San to lead its operations in Hong Kong and Macau as the US bank drives growth in its wealth management business in the region. As CEO of Hong Kong and Macau, San’s responsibilities include fostering key client and regulatory relationships, Citi said in a statement on Aug. 16. “Hong Kong is a key growth market and regional hub for Citi,” Tim Monger, Citi’s head of the North and East Asia cluster, said in the statement. “As we continue to grow our wealth management business and institutional clients in Hong Kong and the Greater Bay Area,” San’s…
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Amazon (NASDAQ:AMZN) shares could see a sharp drop
Julie Clopper This story was originally published for Reading The Markets subscribers on August 12 and has been updated as of the morning of August 16. from Amazon (NASDAQ: AMZN) shares have soared nearly 40% since June lows. The The big rally has followed quarterly results that showed better-than-expected revenue and better revenue guidance. But despite this better-than-expected revenue, the company posted another drop in its trailing 12-month operating cash flow, which fell to $35.5 billion. This is the lowest value since October 2019. Historically, the share price has tracked the 12-month operating cash flow metric very closely, and the…
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Blucora (NASDAQ:BCOR) updates fiscal 2022 earnings guidance
Blucora (NASDAQ:BCOR – Get a score) on Tuesday morning issued an update on its fiscal 2022 earnings guidance. The company provided EPS guidance of $1.71 to $1.90 for the period, compared to the consensus earnings per share estimate of $1.83. The company issued revenue guidance of $892.50 million to $916.00 million, compared to the consensus revenue estimate of $953.84 million. Wall Street analysts expect growth Several equities analysts have commented on BCOR shares. StockNews.com cut shares of Blucora from a buy rating to a hold rating in a research report on Tuesday, August 9th. Cantor Fitzgerald began coverage on shares…
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Lumentum (NASDAQ:LITE) updates Q1 2023 earnings guidance
Lumentum (NASDAQ:LITE – Get a score) on Tuesday morning issued an update on its Q1 2023 earnings guidance. The company provided EPS guidance of $1.45 to $1.70 for the period, compared to the estimate of consensus earnings per share of $1.83. The company issued revenue guidance of $490.00 million to $520.00 million, compared to the consensus estimate of $491.75 million. Lumentum also upgraded its Q1 guidance to $1.45-$1.70 EPS. Lumentum Price Performance Shares of NASDAQ:LITE traded down $4.16 during trading on Tuesday, hitting $92.03. The stock had a trading volume of 21,206 shares, compared to its average volume of 556,784….
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