
Articles
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3 days ago |
benzinga.com | Nabaparna Bhattacharya
Bank of America Securities analysts conducted two global surveys between April 15–25 and June 3–13, gathering over 9,000 responses from travelers across the U.S., Mexico, Canada, the UK, Europe, and Japan to monitor shifting cross-border travel expectations in light of ongoing macro volatility. The data indicates a rising number of international travelers plan to alter their travel plans over the coming year—though it’s acknowledged that stated intentions don’t always result in action.
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3 days ago |
benzinga.com | Nabaparna Bhattacharya
JP Morgan analyst Christopher Horvers reiterated the Overweight rating on Ulta Beauty, Inc. ULTA, citing recent data that suggests a stronger second-quarter performance than current market expectations. Horvers highlighted a positive shift in beauty product sales within the Food, Drug, and Mass (FDM) channels, which turned slightly positive at +0.1% for the four weeks ending June 14. This marks an improvement from the prior month’s -1.2% (which was also revised up by 30 basis points).
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3 days ago |
benzinga.com | Nabaparna Bhattacharya
NIO Inc. NIO shares are trading higher on Tuesday. The company’s sub-brand Firefly, which focuses on compact electric vehicles, announced an early rollout of its battery rental sales model. Originally planned for Aug. 1, the debut of its Battery-as-a-Service (BaaS) offering comes earlier than expected, likely reflecting efforts to bolster demand and improve sales performance, CnEV Post reports.
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3 days ago |
benzinga.com | Nabaparna Bhattacharya
Carnival Corporation CCL shares are trading higher on Tuesday after the company reported second-quarter results. The global cruise company reported adjusted earnings per share of 35 cents, beating the analyst consensus estimate of 24 cents. Quarterly sales of $6.328 billion outpaced the Street view of $6.207 billion. The company reported adjusted EBITDA of $1.508 billion, compared with $1.197 billion a year ago.
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3 days ago |
it.benzinga.com | Nabaparna Bhattacharya
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