Asian Markets Mixed In Cautious Trades

Asian stock markets are trading mixed on Wednesday, following the broadly negative cues from Wall Street overnight, as traders continued to cash in on recent strength in the markets. They also remain cautious ahead of the US Fed Chair Jerome Powell\'s congressional testimony this week, which would provide clues about the outlook for interest rates....

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CareTrust REIT Acquires Three Skilled Nursing Facilities For Approx. $55.6 Mln In Cash

CareTrust REIT, Inc. (CTRE) announced Wednesday the acquisition of three skilled nursing facilities for approximately $55.6 million, inclusive of transaction costs. Two of the facilities are located in Houston, Texas and one is located in Columbia, Missouri. The transaction was funded with cash on hand. The portfolio, consisting of 210 skilled nursing beds and 24...

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Campbell Soup Reaffirms FY24 Outlook - Update

While reporting financial results for the second quarter on Wednesday, Campbell Soup Co. (CPB) reaffirmed its adjusted earnings and net sales guidance for the full-year 2024, to reflect sequential volume and margin improvement for its key brands and categories. For fiscal 2024, the company now projects adjusted earnings in a range of $3.09 to $3.15...

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yext shares soar on earnings, revenue beat

NEW YORK - Yext, Inc. (NYSE:YEXT), the leader in digital presence for multi-location brands, reported a robust fourth quarter, surpassing analyst expectations with an earnings beat. The company announced an adjusted EPS of $0.10, outperforming the consensus estimate by $0.03. Revenue also exceeded forecasts, coming in at $101.1 million against the anticipated $100.25 million. This...

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