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Canadian Solar Margins Shrink In Q3, Stock Slides
  • December 4, 2024

Canadian Solar Margins Shrink In Q3, Stock Slides

Canadian Solar Inc. (NASDAQ:CSIQ) shares are trading lower after the company reported third-quarter 2024 results below street expectations. The company reported an 18% year-over-year revenue decline to $1.51 billion, missing the consensus estimate of $1.71 billion. The decline reflects lower module ASPs and reduced project sales, partially offset by increased sales of battery energy storage solutions and higher solar module shipment volumes. The gross margin declined 20% YoY to $247.44 million a

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European Stocks Rise as Investors Look Beyond French Crisis
  • December 4, 2024

European Stocks Rise as Investors Look Beyond French Crisis

(Bloomberg) -- European stocks gained for a sixth straight session in the longest winning streak since May, as investors weighed the latest developments in turbulent French politics. Most Read from BloombergKansas City Looks Back on its Long, Costly Ride With MicrotransitNYC’s Run-Down Bus Terminal Gets Approval for $10 Billion RevampAs Wars Rage, Cities Face a Dark New Era of Urban DestructionRiyadh Metro Partially Opens in Bid to Ease City’s Traffic JamsThe Stoxx Europe 600 Index was up 0.4% b

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French bonds, stocks take a breather after government collapse but uncertainty remains
  • December 4, 2024

French bonds, stocks take a breather after government collapse but uncertainty remains

LONDON (Reuters) -The risk premium on French bonds dropped and bank stocks rallied on Thursday after a widely expected no-confidence vote toppled Prime Minister Michel Barnier's government, with focus turning to what a new government might look like. Barnier resigned and President Emmanuel Macron is hunting for a new prime minister, a day after opposition to Barnier's 60-billion euro ($63 billion) belt-tightening effort led far-right and leftist lawmakers to vote his government out.

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Jack Daniel's And Old Forester Parent Brown-Forman Stock Soars Thursday - Here's Why
  • December 4, 2024

Jack Daniel's And Old Forester Parent Brown-Forman Stock Soars Thursday - Here's Why

Brown Forman Inc. (NYSE: BF-B) (NYSE: BF-A) shares are trading higher on Thursday after the company reported better-than-expected second-quarter financial results. The company reported second-quarter earnings per share of 55 cents, beating the street view of 51 cents. Quarterly sales of $1.095 billion (down 1% year-over-year) beat the analyst consensus estimate of $1.076 billion. Sales rose 3% on an organic basis. Net sales declines in the year’s first half were primarily due to the Finlandia an

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Southwest Airlines Lifts Q4 Guidance, Launches $750 Million Stock Buyback
  • December 4, 2024

Southwest Airlines Lifts Q4 Guidance, Launches $750 Million Stock Buyback

On Thursday, Southwest Airlines Company (NYSE:LUV) shares traded higher after the company announced it will launch a $750 million stock buyback program in the first quarter of 2025. The move follows the $250 million accelerated share repurchase launched in October 2024. After this, $1.5 billion will remain under its $2.5 billion repurchase program, authorized in September 2024. Outlook: The company revised its fourth-quarter guidance, now expecting RASM to increase by 5.5% to 7.0% (vs. 3.5%- 5.5

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Signet Jewelers Stock Tanks After Dismal Q3 Print, Guidance Cut
  • December 4, 2024

Signet Jewelers Stock Tanks After Dismal Q3 Print, Guidance Cut

On Thursday, Signet Jewelers Ltd (NYSE:SIG) stock plunged after the company reported its fiscal third-quarter 2025 earnings. Signet reported a sales decline of 3.1% year-on-year to $1.35 billion, missing the analyst consensus estimate of $1.37 billion. Adjusted EPS of $0.24 missed the analyst consensus estimate of $0.33. Also Read: Mastercard Settles UK Antitrust Lawsuit For $250 Million Overall same-store sales fell 0.7% in the quarter. North American Same-store sales for the segment decreased

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