[Note: Kohl’s fiscal year 2023 will end near the last week of January] Kohl’s stock (NYSE: KSS), a department store that features apparel, footwear, accessories, soft home products, and housewares targeted to middle-income customers, currently trades at $26 per share, around 60% below its level of $64 seen on May 17, 2021...
Should You Pick Delta Stock Around $40 After Its Q4 Beat?
Delta (NYSE: DAL) reported its Q4 results earlier this month, with revenues and earnings beating the consensus estimates. The company reported adjusted revenue of $13.7 billion, up 11% y-o-y and above the $13.5 billion consensus estimate. Its adjusted earnings of $1.28 per share were down 14% y-o-y but above the street estimate...
Heritage Commerce (HTBK) Misses Q4 Earnings and Revenue Estimates
Heritage Commerce (HTBK) came out with quarterly earnings of $0.22 per share, missing the Zacks Consensus Estimate of $0.24 per share. This compares to earnings of $0.34 per share a year ago. These figures are adjusted for non-recurring items. This quarterly report represents an earnings surprise of -8.33%. A quarter...
Wheat Holds onto Gains Despite Grains Fade
Wheats closed the Thursday session with gains. Chicago ended the day a penny to 1 ¾ cents in the front month contracts. HRW futures were up by 3 to 8 cents after the March contract’s 11 ¼ cent gain. MGE spring wheat futures closed 3 ¾ to 4 ½ cents...
Corn Fades for Thursday
The Thursday session ended with corn futures off their lows but still fractionally to 1 ¾ cents lower. March ended the session above the $4.50 mark after battling there for most of the session. The weekly FAS data had corn bookings at 955k MT for the week of 1/18. That...
Soybean Prices Drop Double Digits
After seeing the weak ethanol output and assuming a similar slump for soy crushers, the bean market dropped double digits to finish 10 ¾ to 17 ¼ cents in the red on Thursday. Soymeal futures also dropped by $4.10 to $5.10 on Thursday. Front month Soy oil futures closed 70 to 79 points weaker...