Stock Central

Stock Central

Snap to Start Shipping Spectacles 3 in Fall

Snap to Start Shipping Spectacles 3 in Fall

Snap (SNAP) is rolling out the latest version of its photo and video-taking sunglasses product, Spectacles 3, as the parent of picture-sharing app Snapchat deepens its offerings amid gains in active users. The glasses have two cameras “designed to capture the world in 3D,” Snap said in a statement on […]

by × August 13, 2019 × 0 comments

Stock Central

(AP)
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Traders work the floor at the New York Stock Exchange, Thursday, Feb. 9, 2017. (AP Photo/Mark Lennihan)

Wells Fargo Staying Neutral in Equities

Wells Fargo’s investment advisory arm is staying neutral in equities “for now” and has a base case that the US and China will reach a trade deal “at some point,” even as increased rhetoric between the countries prompted slide in markets and elevated volatility this week. Scott Wren, senior global […]

by × August 7, 2019 × 0 comments

Stock Central

Crane Lowers Full-Year Earnings Guidance Despite Second-Quarter Revenue Beating Analysts’ Expectations

Crane Lowers Full-Year Earnings Guidance Despite Second-Quarter Revenue Beating Analysts’ Expectations

Industrial products manufacturer Crane (CR) lowered its full-year earnings guidance after markets closed on Monday as it posted second-quarter revenue and adjusted earnings per share which beat analysts’ estimates. The Stamford, Conn.-based company generated revenue of $841.6 million in the three months ended June 30, down from $851.0 million a […]

by × July 23, 2019 × 0 comments

Stock Central

Energy Stocks Lower

Energy Stocks Lower

Energy stocks were mostly lower Monday afternoon, with the NYSE Energy Sector Index falling more than 0.7% while shares of energy companies in the S&P 500 also were down over 0.7% as a group. West Texas Intermediate crude oil for August delivery was slipping 59 cents to $59.62 per barrel […]

by × July 15, 2019 × 0 comments