Reply To: Traders Market Weekly: Rates, Banks and Herd Mentality

#73450
Truman
Participant

Home Depot (HD 385.96, +0.07, +0.02%): to acquire SRS Distribution for a total enterprise value (including net debt) of approximately $18.25 billion

RH (RH 325.00, +28.01, +9.4%): misses by $0.95, misses on revs; guides FY25 revs above consensus; expects revenue to lag demand during the year
TD Synnex (SNX 110.50, -5.50, -4.7%): prices secondary offering of 10.5 mln shares of common stock and concurrent share repurchase
Chemours (CC 26.40, -2.48, -8.6%): reports Q4 (Dec) results, beats on revs; determines internal control over financial reporting was not effective as of December 31, 2023
MillerKnoll (MLKN 25.49, -5.04, -16.8%): beats by $0.01, misses on revs; guides Q4 EPS below consensus, revs below consensus
Walgreens Boots Alliance (WBA 20.69, -0.33, -1.6%): beats by $0.38, beats on revs; guides FY24 EPS in-line
Braze (BRZE 48.01, -2.57, -5.1%): beats by $0.01, beats on revs; guides Q1 EPS below consensus, revs above consensus; guides FY25 EPS below consensus, revs in-line

Bank of America (BAC 37.70, -0.11, -0.3%): downgraded to Hold from Buy at HSBC

Discover Financial Services (DFS 127.50, -0.50, -0.4%): CEO Michael G. Rhodes to resign, effective April 1; J. Michael Shepherd appointed interim CEO upon Mr. Rhodes’ resignation