Corporate apparel company Cintas Corporation (NASDAQ:CTAS) shares are trading lower on Thursday after it reported second-quarter earnings. Quarterly sales of $2.56 billion (+7.8% Y/Y) were in line with the consensus. The company reported EPS of $1.09, beating the analyst consensus of $1.01. Gross profit for the quarter was $1.28 billion, an increase of 11.8% Y/Y. Gross margin expanded to 49.8% from 48.0%. Energy expenses that comprised gasoline, natural gas, and electricity were 20 basis points

Hardman Johnston Global Advisors, an investment management company, released its “Hardman Johnston Global Equity” third quarter 2024, investor letter. A copy of the letter can be downloaded here. The portfolio slightly underperformed its benchmark index in the third quarter following a robust first half of the year. Performance was impacted by volatility, especially towards the […]

Consumer staple stocks like TSN, UNFI, INGR and CLX that belong to the defensive space are a safe bet during times of market volatility.

US stock futures (ES=F, NQ=F, YM=F) are staging a slow recovery from yesterday's sell-off fueled by the Federal Reserve's latest interest rate cut and forecasts that illustrate the central bank's plans to cut less in 2025. Backing President-elect Donald Trump's sentiments, Elon Musk is a pivotal voice in opposing House Speaker Mike Johnson's (R) proposed funding deal, intensifying worries of a government shutdown over this weekend right before the holidays. Micron Technology (MU) shares fall lower after releasing fiscal second quarter revenue forecasts that fell below Wall Street expectations. Nike (NKE) is set to report earnings after Thursday's market close. To watch more expert insights and analysis on the latest market action, check out more Morning Brief here. This post was written by Luke Carberry Mogan.

On Thursday, Accenture Plc (NYSE:ACN) reported first-quarter fiscal 2025 sales of $17.69 billion compared with the analyst consensus estimate of $17.12 billion, up 9% year-over-year in U.S. dollars and 5% in local currency. Revenues were approximately $240 million above the top end of the company's guided range of $16.85 billion to $17.45 billion. The adjusted EPS of $3.59 topped the analyst consensus estimate of $3.39. Also Read: Accenture Lands $1.6B US Air Force Deal To Elevate Cloud One: Det

Soho House & Co. said a third-party consortium had offered to buy the private-club and membership-platform operator for $9 a share, sparking a surge in the company’s stock price.

Hardman Johnston Global Advisors, an investment management company, released its “Hardman Johnston Global Equity” third quarter 2024, investor letter. A copy of the letter can be downloaded here. The portfolio slightly underperformed its benchmark index in the third quarter following a robust first half of the year. Performance was impacted by volatility, especially towards the […]

The S&P 500 is a broad index that tracks the share performance of 500 large and profitable American businesses. A key way to gain exposure to this benchmark for your own portfolio is to buy an index fund. There are many choices of exchange-traded funds (ETFs), but I believe the Vanguard S&P 500 ETF (NASDAQMUTFUND: VFIAX) is a no-brainer S&P 500 index fund to buy right now.

TD Cowen transferred coverage of Boeing stock among its analysts. That resulted in a $10 bump to the target price to $200 and a continued Buy rating.

FREMONT, Calif., December 19, 2024--Personalis, Inc. (NASDAQ: PSNL) announced today agreements with long time collaborators Merck and Moderna that accelerate the advancement of the company’s business strategy. The company has received an investment from Merck, known as MSD outside the United States and Canada, and separately has signed a multi-year extension with Moderna to utilize Personalis’ ImmunoID NeXT Platform® and technology for V940/mRNA-4157, an investigational individualized neoantigen