Intel Corp ( INTC ) shares are trading marginally higher by 1.48% to $20.12 during Wednesday’s session. The stock has seen marked volatility and is rebounding slightly after last week’s second-quarter earnings report showed disappointing results. What’s Happening? Intel ( INTC ) has recently drawn significant attention due to major restructuring and disappointing quarterly earnings. The company reported earnings of...

Hilton Worldwide Holdings Inc. ( HLT ) shares are trading lower on Wednesday. The company reported second-quarter adjusted earnings per share of $1.91, beating the analyst consensus of $1.86. Quarterly revenues of $2.951 billion outpaced the street view of $2.932 billion. In the second quarter of 2024, Hilton Worldwide ( HLT ) reported a 3.5% increase in system-wide comparable RevPAR...

12:26 PM EDT, 08/07/2024 (MT Newswires) -- National Bank has lowered its one year target on Pet Valu ( PTVLF ) to $30 after the company reported second quarter earnings per share of $0.36, missing NBF at $0.33. National Bank analyst Vishal Shreedhar notes that second quarter results underperformed -- sssg, revenue and system-wide sales were light, while EBITDA was...

12:26 PM EDT, 08/07/2024 (MT Newswires) -- Vertex (VERX) said Wednesday it will acquire Ecosio, which provides electronic data interchange and e-invoicing integration services, in a deal valued at up to $180 million. The transaction includes an upfront cash payment of $69 million, a targeted earnout of $76 million in cash, and $35 million of Vertex's shares over the next...