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While reporting its results for the first quarter on Thursday, Ulta Beauty, Inc. (ULTA) lifted its outlook for the full year 2022. The shares jumped 6% in extended trading. Looking forward, the company now expects earnings of $19.20 to $20.10 per share and revenues of $9.35 billion to $9.55 billion....

While reporting its results for the first quarter on Thursday, cloud computing Workday Inc. (WDAY), revised its outlook for the full year. Workday Chief Financial Officer Barbara Larson said that the company is raising fiscal 2023 subscription revenue to be in the range of $5.537 billion to $5.557...

While reporting its results for the first quarter on Thursday, Autodesk Inc. (ADSK) lowered its outlook for the full year. Looking forward, the company now expects earnings of $3.24 to $3.47 per share, adjusted earnings of $6.43 to $6.66 per share and revenues of $4.96 billion to $5.06 billion. Previously,...

JetBlue Airways Corp. (JBLU) on Thursday provided an operational and financial update of its business for the second quarter of 2022. JetBlue said the operational performance has improved steadily since early April as a result of the investments the Company has made to enhance operational reliability...

The U.S. Food and Drug Administration has granted Fast Track designation to Pfizer Inc.'s (PFE) investigational combination therapy for the treatment of non-alcoholic steatohepatitis or NASH with liver fibrosis: ervogastat and clesacostat. Fast Track is a process designed to facilitate the development...

Brady Corp. (BRC) reported that its third quarter EPS excluding certain items increased 17.8 percent to $0.86 from $0.73, prior year. On average, four analysts polled by Thomson Reuters expected the company to report profit per share of $0.80, for the quarter. Analysts' estimates typically exclude special...

Omni-channel fashion retailer Macy's, Inc. (M) reported Thursday a first-quarter net income of $286 million or $0.98 per share, sharply higher than $103 million or $0.32 per share in the prior-year quarter. Excluding items, adjusted net income for the quarter was $315 million or $1.08 per share, compared...

Genesco Inc. (GCO) reported first quarter non-GAAP profit per share from continuing operations of $0.44 compared to $0.79, last year. On average, three analysts polled by Thomson Reuters expected the company to post a loss per share of $0.09, for the quarter. Analysts' estimates typically exclude special...

Broadcom Inc. (AVGO), a developer of semiconductor and infrastructure software solutions, announced Thursday its agreement to acquire VMware, Inc. (VMW), an innovator in enterprise software, in around $61 billion cash-and-stock deal. In addition, Broadcom will assume $8 billion of VMware net debt. Under...

Movado Group Inc. (MOV) reported Q1 net income of $18.5 million or $0.79 per share compared to $9.4 million or $0.40 per share last year. Adjusted net income was $19.1 million or $0.82 per share versus $10.1 million or $0.43 per share in the prior year period. Net sales increased 21.2% to $163.4...

WeWork Inc. (WE) announced the appointment of Andre Fernandez as Chief Financial Officer, effective June 10, 2022. Most recently, Fernandez served as Executive Vice President & Chief Financial Officer of NCR Corp. Earlier, he held executive positions as President & Chief Executive Officer of CBS Radio. Sandeep...

Toshiba Corp. (TOSYY.PK, TOSBF.PK) announced that its Nomination Committee has nominated candidates for election to the Board. The nominees include Akihiro Watanabe, Eijiro Imai, and Nabeel Bhanji. Toshiba also announced the nominations of candidates for Executive Officers. The company noted that eleven...

Chinese Internet company Baidu.com Inc. (BIDU) reported Thursday that its first-quarter net loss attributable to the company was RMB 885 million or $140 million, compared to last year's profit of RMB 25.65 billion. Loss per ADS was RMB 2.87 or $0.45, compared to profit of RMB 73.76 a year earlier. Adjusted...

BT Group plc (BT_A.L, BT) said the Group has received notification from the Secretary of State for Business, Energy and Industrial Strategy that he has considered the increase by Altice UK of its shareholding in BT Group from 12.1% to 18% and is exercising his call-in power. BT Group stated that the...

United Utilities Group Plc (UU.L, UUGRY.PK) reported that its profit before tax for the year ended 31 March 2022 decreased by 111 million pounds year-over-year to 440 million pounds reflecting the 8 million pounds increase in reported operating profit and an 8 million pounds decrease in the share of...

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