Reply To: Traders Market Weekly: Inflation and the Fed

#49034
Truman
Participant

Exxon Mobil (XOM 102.27, +1.62, +1.6%): provides corporate plan update; expects to double earnings and cash flow potential by 2027, share repurchase program expanded up to $50 bln through 2024
Hershey Foods (HSY 240.89, +4.20, +1.8%): upgraded to Buy from Neutral at UBS
Salesforce (CRM 129.38, -1.10, -0.8%): Robert W. Baird downgraded to Neutral from Outperform
GameStop (GME 22.20, -0.06, -0.3%): misses by $0.03, misses on revs
New York Times (NYT 34.83, +0.32, +0.9%): 1000 employees will strike today, according to Bloomberg
Verint Systems (VRNT 36.47, -0.91, -2.4%): beats by $0.08, misses on revs; guides FY23 EPS in-line, revs below consensus; also announces new $200 million share buyback program
Greif (GEF 66.10, -4.17, -5.9%): misses by $0.11, misses on revs
Ciena (CIEN 50.60, +7.36, +17.0%): beats by $0.54, beats on revs
Tesla (TSLA 170.80, -3.24, -1.9%): Elon Musk’s bankers could provide him with new margin loans supported by Tesla stock, according to Bloomberg
Unilever (UL 50.58, -0.24, -0.5%): mulling sale of US ice cream brands for $3 bln, according to Bloomberg