Stocks

Key Insights The projected fair value for Westlake is US$180 based on 2 Stage Free Cash Flow to Equity With US$149 share price, Westlake appears to be trading close to its estimated fair value The US$153 analyst price target for WLK is 15% less …

The insurance industry players are likely to have gained from continued improved pricing, exposure growth, portfolio streamlining, solid retention, renewals, reinsurance agreements and accelerated digitalization. Catastrophe losses and an increase in claims frequency are likely to have weighed on the upside. Some of the …

burberry store Burberry is at risk of a takeover, City analysts have warned, after losing a fifth of its value since the start of the year. A profit warning from Burberry’s Paris-listed rival Kering, which owns Gucci, triggered a slump in the British fashion …

Thermo Fisher Scientific Inc.'s TMO first-quarter 2024 adjusted earnings per share (EPS) of $5.11 topped the Zacks Consensus Estimate by 8.7%. The figure also rose 1.6% year over year. The adjusted number excludes certain non-recurring expenses, including asset amortization costs and certain restructuring costs. …

Synchrony Financial SYF reported first-quarter 2024 adjusted earnings per share (EPS) of $1.18, which missed the Zacks Consensus Estimate by 13.9%. The bottom line declined 12.6% year over year. Net interest income improved 8.9% year over year to $4.4 billion, however, missing the consensus …

Mattel, Inc. MAT reported first-quarter 2024 results, wherein earnings surpassed the Zacks Consensus Estimate but revenues missed the same. The top line missed the consensus estimate for the second straight quarter. The company experienced robust bottom-line performance, largely propelled by increased margins and the …

The first-quarter earnings season for the Auto-Tires-Trucks sector has shifted to high gear this week. So far, four S&P 500 sector components — Tesla, Genuine Parts, General Motors, LKQ Corp— have reported quarterly numbers. Results have been mixed so far. While Tesla and LKQ …