Hooker Furnishings Corp HOFT reported third-quarter FY23 sales growth of 13.6% year-on-year to $151.58 million, beating the consensus of $144.62 million. Net sales from Hooker Branded segment decreased by 2.4% Y/Y, Home Meridian climbed 9.4%, and Domestic Upholstery gained 48.2%. The gross profit jumped 60% Y/Y to $32 million, and the margin expanded over 600 basis…
With US stock futures trading slightly lower this morning on Thursday, some of the stocks that may grab investor focus today are as follows: Wall Street expects Ciena Corporation CIEN to report quarterly earnings at $0.08 per share on revenue of $846.95 million before the opening bell. Ciena shares fell 0.6% to $43.00 in after-hours…
Elon Musk‘s Twitter is reportedly planning to increase the price of Twitter Blue for Apple Inc AAPL users. What Happened: Some Twitter employees have been informed that the platform is planning to increase the pricing of Twitter Blue Subscription for iPhone users, according to a person familiar with the matter, reported The Information. See Also: Elon…
A U.S. bankruptcy court judge on Wednesday declared that certain users of Celsius Network CEL/USD were entitled to get their deposits back. What Happened: U.S. bankruptcy judge Martin Glenn was presiding over the crucial inquiry of who holds the cryptocurrency assets that were lodged with Celsius, Bloomberg reported. “I want this case to move forward,” Glenn reportedly said. “I want creditors…
The best Black Friday deals from Amazon are still coming hard and fast because the holiday is not yet upon us and the mega-retailer prefers to keep consumers on the hook for as long as possible—spending as much money as possible. To that end, here are some of the best Black Friday deals from Amazon…
U.S. House Financial Services Committee Chair Rep. Maxine Waters (D.Calif.) said that a subpoena is “definitely on the table” for former FTX CEO Sam Bankman-Fried, who has been asked to appear at a Dec. 13 hearing to investigate the collapse of the cryptocurrency exchange. What Happened: On Wednesday, Waters tweeted that lies were being spread…
