Reply To: Traders Market Weekly: Hedge Funds, Bonds and China Distortion

#63655
Truman
Participant

ADTRAN (ADTN 8.00, -1.05, -11.6%): sees Q3 revs below consensus

Berkshire Hathaway (BRK.B 355.67, +5.68, +1.6%): reports Q2 results

Elanco Animal Health (ELAN 12.32, +0.67, +5.8%): beats by $0.13, beats on revs; guides FY23 EPS above consensus, revs above consensus

SAGE Therapeutics (SAGE 18.36, -17.74, -49.1%): misses by $0.13, misses on revs; is evaluating resource allocation, including pipeline prioritization and a workforce reorganization, with a goal of extending its cash runway and anticipates operating expenses will decrease in 2024

Tyson Foods (TSN 52.54, -3.92, -6.9%): misses by $0.11, misses on revs; guides FY23 revs in-line
Yellow Corporation (YELL 1.91, -1.66, -46.5%): files voluntary Chapter 11 petitions