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Dividends

DocuSign, Campbell, Moderna and more

The Docusign Inc. website on a laptop computer arranged in Dobbs Ferry, New York, U.S., on Thursday, April 1, 2021.Tiffany Hagler-Geard | Bloomberg | Getty ImagesCheck out the companies making headlines in midday trading.Campbell Soup – The food company saw shares gain 2.3% after reporting a better-than-expected quarterly report. Campbell posted an adjusted profit of 70 cents per share, 9 cents above Refinitiv consensus estimates. Sales also beat forecasts, and Campbell raised its full-year sales outlook. The company…

Hormel, Ciena, GameStop and more

Check out the companies making headlines before the bell:Hormel (HRL) – Hormel added 1.7% in premarket trading after beating top and bottom-line estimates for its latest quarter. The company behind the Spam, Dinty Moore and Jennie-O food brands backed its earlier full-year sales guidance and also said its moves to mitigate inflation and supply chain issues were proving effective.Designer Brands (DBI) – The footwear and accessories retailer reported better-than-expected profit and revenue for its latest quarter and raised…

Macy’s (M) reports Q1 2022 earnings beat, raises forecast

A person walks past a Macys store in Hyattsville, Maryland, on February 22, 2022.Stefani Reynolds | AFP | Getty ImagesMacy's on Thursday reported fiscal first-quarter profits and sales ahead of analysts' expectations, as shoppers returned to malls to shop for new outfits and luxury goods.The department store chain, which also owns Bloomingdale's, reaffirmed its fiscal 2022 sales outlook and raised its profit guidance, expecting stronger credit card revenue for the remainder of the year.Its shares soared more than 14% in…

Best Buy (BBY) earnings Q1 2023

Customers shop at a Best Buy store on August 24, 2021 in Chicago, Illinois. Best Buy reported an increase in second-quarter sales of nearly 20% as consumers purchased electronics to adjust to lifestyle changes related to the ongoing pandemic.Scott Olson | Getty ImagesBest Buy reported lower sales in the fiscal first-quarter, and the retailer lowered its outlook for the year, citing softer demand that doesn't appear to be letting up."That trend has continued into the beginning of Q2 and it does not appear that it will…

Zoom pops 16% on first-quarter earnings beat and strong guidance

Zoom founder Eric Yuan speaks before the Nasdaq opening bell ceremony on April 18, 2019 in New York City.Kena Betancur | Getty ImagesZoom shares rose 16% in extended trading on Monday after the provider of video chat software reported better-than-expected first-quarter earnings and issued an upbeat forecast for the second period.Here's how the company did:Earnings: $1.03 per share, ex-items vs. 87 cents per share as expected by analysts, according to Refinitiv.Revenue: $1.07 billion vs $1.07 billion as expected by…

Kohl’s (KSS) reports Q1 2022 earnings

Kohl's on Thursday said final and fully financed bids from potential buyers are expected in the coming weeks, as the retailer faces heightened pressure from activists to sell.Chief Executive Officer Michelle Gass said Kohl's has been "pleased with the number of parties who recognize the value of our business and plan."The retailer's stock rose 4%, even as the company posted a massive earnings miss for its fiscal first quarter and slashed its profit and sales outlook for the year. Gass, in a press release, said that 2022…

Tesla investor calls for $15 billion stock buyback after share price falls

Tesla CEO Elon Musk is trying to buy Twitter and manage multiple companies at the same time.James Glover II | ReutersBillionaire Leo Koguan, who claims to be the third largest individual shareholder of Tesla stock, is calling on the carmaker to announce a $15 billion stock buyback as the company's share price continues to fall.In a tweet to Martin Viecha, Tesla's senior director of investor relations, Koguan said the company should immediately announce that it plans to buy back $5 billion of Tesla shares this year and $10…

Target, Walmart, Carrier Global and others

Check out the companies making headlines before the bell:Target (TGT) – Target plummeted 22.1% in the premarket after the retailer reported an adjusted quarterly profit of $2.19 per share, below the $3.07 consensus estimate. Revenue and comparable-store sales beat forecasts, but like rival Walmart yesterday, higher costs ate into Target's bottom line.Lowe's (LOW) – Lowe's fell 2.9% in the premarket after the home improvement retailer's quarterly comparable-store sales fell more than expected and revenue come in slightly…

Beyond Meat (BYND) Q1 2022 earnings

Beyond Meat "Beyond Burger" patties made from plant-based substitutes for meat products sit on a shelf for sale in New York City.Angela Weiss | AFP | Getty ImagesBeyond Meat on Wednesday reported a wider-than-expected loss for its first quarter as it offered steeper discounts and cheaper prices to international consumers.Shares of the company fell as much as 25% in extended trading, extending the stock's losses from earlier in the day. The stock closed Wednesday down 13.8% ahead of its earnings report.Here's what the…

Chinese Companies Boost Returns to Shareholders

Chinese companies like Alibaba Group Holding Ltd. BABA -5.79% are embracing buybacks and one-off dividends, handing cash to shareholders as they seek to shore up their battered stock prices and signal confidence in the long-term outlook. The dividend payouts and stock repurchases could help support a market that has been rattled by a series of challenges, which range from the economic impact of Beijing’s Covid-19 policies and sweeping regulatory crackdowns to concerns…