Category: Turnaround
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CVS Health tops profit estimates as new CEO pursues turnaround; shares surge
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Written by Amina Nias and Sirbarna Roy (Reuters) – CVS Health defeated Wall Street’s estimates for profits in the fourth quarter on Wednesday and made annual expectations that meet expectations to a large extent, which hints to improve performance in the first quarter of it under the new CEO David…
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AMD vs. Intel Stock: Better Semiconductor Turnaround Candidate
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Meanwhile, many chips made a convincing performance in 2024, Intel (Nasdak: INC) and Advanced micro -devices (Nasdak: AMD) It was not between them. Intel shares decreased by 60% last year, while AMD shares decreased by 18%. Let’s check any semiconductor stocks, which seems to be the best candidate for recovery…
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ASOS shutters US warehouse as part of cost-saving turnaround plan
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Asos has announced a one-off impairment charge of £200m after it decided to idle its main US warehouse near Atlanta, Georgia, in a move aimed at cutting costs and boosting profitability. Later this year, the online fashion retailer’s American customers will be served from its UK automated distribution center in…
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Walgreens Stock Skyrockets as Turnaround Begins. Is It Too Late to Buy the Stock?
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After a terrible 2024 that saw its shares lose more than 60% of their value, 2025 is starting out as a better year for the company. Walgreens Shoe Alliance (Nasdaq: WBA)with the stock rising significantly after the pharmacy operator reported better-than-expected financial results for the first quarter of 2025 for…
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Walgreens turnaround strategy, sale of VillageMD boosts 2025 Q1
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Walgreens Boots Alliance (WBA) beat Wall Street estimates for its adjusted earnings per share and sales for the first quarter of fiscal 2025 on Friday, even as questions persist about its future as a public company. The company reported revenue of $39.5 billion for the quarter, up 7% from the…
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Nike’s Turnaround Is Underway, but Is the Dividend Growth Stock a Buy Before 2025?
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Nike (NYSE: NE) It announced the results of the second quarter of fiscal year 2025 on December 19, Beat the upper and final grades (Although expectations were very low). However, the stock fell slightly on December 20 despite its 1.1% gain Standard & Poor’s 500 As investors digested Nike’s guidance…
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Asda cuts jobs and mandates office attendance amid turnaround efforts
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Asda is mandating head office staff to work on site at least three days a week, while also announcing job cuts to streamline operations and stabilize its market position. The changes, sent in an internal email by interim chief executive Lord Rose, affect more than 5,000 employees in Leeds and…
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XRP Price Can’t Break $0.5550: Is a Turnaround Coming?
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Ayush Jindal, one of the prominent figures in the world of financial markets, has more than 15 years of brilliant experience in the fields of forex and cryptocurrency trading. Known for his unparalleled proficiency in delivering technical analysis, Ayush is a trusted advisor and top market expert to investors around…
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XRP Price Can’t Break $0.5550: Is a Turnaround Coming?
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Ayush Jindal, one of the prominent figures in the world of financial markets, has more than 15 years of brilliant experience in the fields of forex and cryptocurrency trading. Known for his unparalleled proficiency in delivering technical analysis, Ayush is a trusted advisor and top market expert to investors around…
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Here Are Potential Bullish Turnaround Points
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This article is also available in Spanish. but It is witnessing a significant pullback after its recent rise, with several key support levels in focus. As the price declines, these areas will play a pivotal role in determining whether the asset can regain its value rising batch. Strong defense of…
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Here Are Potential Bullish Turnaround Points
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This article is also available in Spanish. but It is witnessing a significant pullback after its recent rise, with several key support levels in focus. As the price declines, these areas will play a pivotal role in determining whether the asset can regain its value rising batch. Strong defense of…
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Bitcoin Investors Are Still Fearful: What Needs To Happen For A Turnaround?
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Data suggests that Bitcoin investors are still feeling fearful as the cryptocurrency’s price continues to consolidate. Bitcoin’s Fear and Greed Index is currently indicating “Fear” The Fear and Greed Index is an indicator created by substitute This briefly tells us about the general sentiment among traders in the Bitcoin market…
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Bitcoin Investors Are Still Fearful: What Needs To Happen For A Turnaround?
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Data suggests that Bitcoin investors are still feeling fearful as the cryptocurrency’s price continues to consolidate. Bitcoin’s Fear and Greed Index is currently indicating “Fear” The Fear and Greed Index is an indicator created by substitute This briefly tells us about the general sentiment among traders in the Bitcoin market…
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Nike wins over more analysts on signs of a turnaround (NYSE:NKE)
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Thank you for your help/iStock Editorial via Getty Images Nike (NYSE: No) is looking to extend its recent rally as more Wall Street analysts point to a shift in the company that is slowly starting to affect it. Williams Trading has gone from being a bear in Nike (NKE) to……
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BeautyHealth faces headwinds, focuses on turnaround By Investing.com
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During The Beauty Health Company’s (ticker: SKIN) second quarter 2024 earnings call, CEO Marla Beck provided an overview of the company’s financial performance, highlighting a 23% year-over-year decline in revenue to $91 million, and outlined strategic initiatives to improve business prospects. Despite the downturn, driven by slower device sales and…
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South Korea’s SK On in talks to supply prismatic EV batteries as it seeks turnaround By Reuters
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By Heekyung Yang SEOUL (Reuters) – South Korean electric vehicle battery maker SK ON is in talks with automakers to supply prismatic batteries and expand its existing pouch battery range, a senior company executive said, as it struggles to improve performance amid slowing global demand for electric vehicles. SK ON,…