Ollie’s Bargain Outlet Holdings, Inc. shares are trading lower on Thursday. The company reported second-quarter adjusted earnings of 78 cents, in line with the estimates. Quarterly revenues of $578.38 million (+12.4%) beat the street view of $560.92 million. Ollie’s Bargain Outlet reported a 5.8% increase in comparable store sales, compared to a 7.9% rise in the prior year. The company...

Aug 29 (Reuters) - A joint venture between Lockheed Martin ( LMT ) and RTX's Raytheon was awarded a $1.3 billion follow-on contract by the U.S. army for its Javelin missiles, which has played a major role in Ukraine's defense against Russia's invasion, Lockheed said on Thursday. This latest agreement is part of a larger contract awarded last year, which...

12:09 PM EDT, 08/29/2024 (MT Newswires) -- Veeva Systems ( VEEV ) posted strong fiscal Q2 results that were complemented by improved billings quality and guidance, Oppenheimer said in a note. The company delivered better than expected 2Q results, and raised the FY25 top-line and EBIT outlook against a cautious investor backdrop, the note said, adding that revenue and normalized...

Financial giants have made a conspicuous bullish move on Broadcom ( AVGO ). Our analysis of options history for Broadcom ( AVGO ) revealed 65 unusual trades. Delving into the details, we found 47% of traders were bullish, while 30% showed bearish tendencies. Out of all the trades we spotted, 10 were puts, with a value of $597,225, and 55...