Spectrum Brands reports mixed second quarter outlook
Spectrum Brands, based in Wisconsin, previews its latest financial results before the bell. Analysts expect an 18 cent per share loss on about 759 million dollars in Q2 sales, contrasting with the year-ago quarter’s 41 cent per share profit and 808 million dollars in sales. The company’s brands include Nature’s Miracle Black Flag and Remington.
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Spectrum Brands
Bell
Nature
Miracle
Spectrum
Wall Street
Black Flag
Remington Electric
Oilrig count slips to 748 as markets wobble
Baker Hughes reports a weekly U.S. rig tally showing 748 active oil and gas rigs after a two week rise. The count, a barometer for the industry, has fallen this year but held steady lately and traces its peak at 4,530 in 1981 with a pandemic low of 244 in August 2020.
MENTIONED IN THIS ARTICLE
Baker Hughes
U.S
Layoffs Likely Rise Slower as Firms Avoid Hiring Losses
Joshua Shapiro of Maria Fiorini Ramirez cautions that layoffs should rise less dramatically than typical cycles as firms strive to avoid shedding workers who have been hard to recruit and retain. The comment reflects concerns about labor market stability amid economic pressures and the value of retained talent.
MENTIONED IN THIS ARTICLE
Joshua Shapiro
Maria Fiorini Ramirez
Wall Street edges lower as Disney drags market down
Wall Street slipped on Thursday with Disney dropping sharply on weaker streaming subscriber growth and a fragile banking sector. The S&P 500 and Dow fell while the Nasdaq rose as investors weighed declines in Disney and pressure on banks. Beyond Meat and Unity Software traded amid mixed results and changing investor sentiment.
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Wall Street
Walt Disney Co
U.S
Disney
Bynd Unity
Johnson Johnson Granted Probation After Firearm Felony
In a Kansas case, Johnson Johnson faced a firearm related felony charge but a judge granted probation citing his clean record a university degree and full time employment. Defense argued counseling and rehabilitation over prison with regular probation visits in Missouri while the incident at a Topeka club sparked gunfire. Two co defendants previously charged with aggravated battery had those charges dismissed without prejudice. Surveillance video showed a bullet shattering the club’s front door glass. Johnson remains free on a $100000 bond.
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Johnson
Kansas
Angela Keck
University of Kansas
Keck
Pokorny
Christopher Shane Wuenstel
Daequan Jermaine Rayton
Topeka
Missouri
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