London-based property consultant company Fletcher King announced on Tuesday that its pretax profit and revenue for the fiscal year ending April 30, 2023, have shown growth. The company remains optimistic about the future period. Financial Performance Fletcher King reported a pretax profit of £192,000 ($245,433), a significant improvement compared to the £134,000 earned the … [Read more...] about Fletcher King Reports Increase in Fiscal 2023 Profit and Revenue
Archer Daniels Midland’s Q2 Performance Analysis
Archer Daniels Midland (ADM) experienced a decline in its crushing results during the second quarter, following a record-breaking performance in the same period last year. Ag Services & Oilseeds ADM highlighted that its South American origination results witnessed a year-over-year increase. The team achieved record volumes and higher margins, driven by strong export demand. … [Read more...] about Archer Daniels Midland’s Q2 Performance Analysis
Wells Fargo Upgrades DraftKings Stock, Expects Further Rally
Wells Fargo analyst Daniel Politzer and his team have decided to upgrade DraftKings Inc. shares, despite the stock already having risen about 180% this year. In an upgrade from equal weight to overweight, Politzer explains that he doesn't want to miss out on a potential further rally in the stock. Politzer's decision is based on DraftKings' impressive performance in its latest … [Read more...] about Wells Fargo Upgrades DraftKings Stock, Expects Further Rally
UPS Shares Set to Snap Losing Streak
Shares of United Parcel Service Inc. (UPS) are showing signs of a rebound, surging 0.7% in afternoon trading on Monday. The package delivery giant is poised to end a five-day losing streak as investors eagerly anticipate the release of its second-quarter financial results. Earnings Projections The much-awaited results will be disclosed on Tuesday, August 8, at 6 a.m. Eastern … [Read more...] about UPS Shares Set to Snap Losing Streak
Union Files Unfair Labor Practice Charge Amid Violence against Hotel Workers
The union representing hotel workers in Los Angeles has taken action, filing an unfair labor practice charge with the National Labor Relations Board. The charge comes as workers and organizers continue to face violence during protests and their fight for new contracts. Striking for Higher Wages and Better Benefits Thousands of hospitality workers have been on strike in the area … [Read more...] about Union Files Unfair Labor Practice Charge Amid Violence against Hotel Workers
