Culp, Inc. (CULP) came out with a quarterly loss of $0.02 per share versus the Zacks Consensus Estimate of a loss of $0.12. This compares to a loss of $0.37 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an earnings surprise of +83.33%. A quarter ago, it was expected that this company would post a loss of $0.1 per share when it actually produced a loss of $0.06, delivering a surprise of +40%.Over the last four quarters, the company has surpassed con ...

Visa (V) ended the recent trading session at $339.12, demonstrating a -1.42% change from the preceding day's closing price. This change lagged the S&P 500's 0.3% gain on the day. Meanwhile, the Dow lost 0.48%, and the Nasdaq, a tech-heavy index, added 0.03%. Coming into today, shares of the global payments processor had gained 2.15% in the past month. In that same time, the Business Services sector gained 2.34%, while the S&P 500 gained 2.09%. The upcoming earnings release of Visa will be of great interest ...

DXP Enterprises (DXPE) ended the recent trading session at $113.86, demonstrating a -5.07% change from the preceding day's closing price. The stock trailed the S&P 500, which registered a daily gain of 0.3%. On the other hand, the Dow registered a loss of 0.48%, and the technology-centric Nasdaq increased by 0.03%. The stock of industrial products supplier has fallen by 1.92% in the past month, lagging the Industrial Products sector's loss of 0.06% and the S&P 500's gain of 2.09%.Analysts and investors alik ...

General Motors (GM) ended the recent trading session at $57.34, demonstrating a -1.15% change from the preceding day's closing price. This move lagged the S&P 500's daily gain of 0.3%. Elsewhere, the Dow lost 0.48%, while the tech-heavy Nasdaq added 0.03%. Heading into today, shares of the an automotive manufacturer had gained 7.11% over the past month, outpacing the Auto-Tires-Trucks sector's gain of 5.64% and the S&P 500's gain of 2.09%.The investment community will be closely monitoring the performance o ...

Intel (INTC) ended the recent trading session at $24.77, demonstrating a +1.35% change from the preceding day's closing price. This move outpaced the S&P 500's daily gain of 0.3%. Meanwhile, the Dow experienced a drop of 0.48%, and the technology-dominated Nasdaq saw an increase of 0.03%. Coming into today, shares of the world's largest chipmaker had gained 12.06% in the past month. In that same time, the Computer and Technology sector gained 3.1%, while the S&P 500 gained 2.09%. Analysts and investors alik ...

Another shareholder lawsuit alleging dodgy accounting practices at Bitcoin treasury giant Strategy has been dropped, court documents show.  Documents filed Wednesday show the scrapped case, brought in June by shareholders Abhey Parmar and Zhenqiu Chen, had alleged breaches of fiduciary duties, unjust enrichment, abuse of control, and gross mismanagement in the company.  The dismissal comes just weeks after a different class-action lawsuit accusing the company of misleading shareholders about how new account ...

By Oliver Griffin SAO PAULO (Reuters) -China has approved imports of Brazilian sorghum, an official at Brazil's Agriculture Ministry told Reuters, adding that the first cargos could be shipped this year, providing an alternative to plunging U.S. exports sooner than expected by many. China's General Administration of Customs (GACC) wrote to Brazil saying that its sorghum is eligible for shipment, Eduardo Porto Magalhaes, coordinator for international phytosanitary inspection and certification at the Brazi ...

PresentationAngel Castillo MalpicaVice President All right. Good afternoon, everyone, and thank you for joining me. For those who don't know me, name is Angel Castillo. I'm the U.S. machinery and construction analyst here at Morgan Stanley. And before we get started, I just want to read a quick disclaimer. So for important disclosures, please see Morgan Stanley research disclosure website at www.morganstanley.com/researchdisclosures. If you have any questions, please reach out to your Morgan Stanley represe ...

PresentationAngel Castillo MalpicaVice President All right. Good afternoon, everyone, and thank you for joining me. For those who don't know me, name is Angel Castillo. I'm the U.S. machinery and construction analyst here at Morgan Stanley. And before we get started, I just want to read a quick disclaimer. So for important disclosures, please see Morgan Stanley research disclosure website at www.morganstanley.com/researchdisclosures. If you have any questions, please reach out to your Morgan Stanley represe ...

PresentationThank you, everybody. Chris Snyder, U.S. multi-industry analyst at Morgan Stanley. Very excited to have Fortive up with me today. We have President and CEO, Olumide Soroye and CFO, Mark Okerstrom. So thank you, guys. Olumide is going to start off with some opening remarks before we get into Q&A.Olumide SoroyePresident, CEO & Director Thanks, Chris. Thanks for having us, and it's great to be here, as always. And we are right into our first quarter as new Fortive. So I thought I'll provide just a ...