#clorox co

[go-21newstv]

Stocks Jefferies’ analysts like going into earnings against the Wall Street consensus

Jefferies believes that some stocks that haven’t felt the love recently from Wall Street could win big this earnings season. The second-quarter reports are coming fast and furious, with this week expected to be the busiest one. Approximately 30% of the S & P 500 — or 151 companies in the benchmark — are scheduled to post their latest earnings. Nine of the Dow Jones Industrial Average’s 30 stocks…

[youthchronical]

Palo Alto nears a key test that could break it out of Wall Street's penalty box

Palo Alto Networks is clawing its way back after a brutal earnings sell-off in February, and Wall Street analysts say the cybersecurity company’s earnings next week will justify its resurgence. Shares of Palo Alto plunged 28% on Feb. 21, a session after the company delivered a more cautious outlook for the rest of 2024. The stock then seesawed for more than a month until shares bottomed out at…

View On WordPress

[youthchronical]

U.S. intelligence chief warns Congress of rise in cyberattacks

 Director of National Intelligence Avril Haines testifies before the Senate Armed Services Committee May 2, 2024 in Washington, DC. Win Mcnamee | Getty Images News | Getty Images The top U.S. intelligence official warned Congress of an alarming rise in cyberattacks at a hearing on global threats Thursday. The number of ransomware attacks worldwide grew as much as 74% in 2023, according to…

View On WordPress

[youthchronical]

Clorox shares slide after company says cyberattack hit sales hard

Clorox disinfecting wipes are seen displayed for sale at a Walmart SuperCenter on September 18, 2023 in Austin, Texas. Brandon Bell | Getty Images Shares of Clorox fell more than 8% on Thursday, the morning after the company said an August cyberattack significantly weighed on sales and profits during the prior quarter. While the Pine-Sol and bleach maker said it had contained the hack – which…

View On WordPress

[youthchronical]

Stocks making the biggest moves premarket: Rivian, Clorox, Vestis, Chevron and more

People walk by electric truck maker Rivian’s newly opened storefront in the Meatpacking District of Manhattan on June 23, 2023 in New York City. Spencer Platt | Getty Images Check out the companies making headlines in premarket trading. Rivian — Shares of the electric vehicle maker plunged 8.7% after Rivian announced a $1.5 billion convertible bond sale and issued disappointing guidance for the…

View On WordPress

[youthchronical]

Clorox says sales and profit took a big hit from cyberattack

Clorox on Wednesday warned that its sales and profit took big hit during the quarter ended Sept. 30, largely due to the after affects of a cyberattack that significantly affected operations. Shares of the company fell more than 3% in after-hours trading. The bleach and cleaning products maker said it expects net sales to decrease 23% to 28%. Clorox also estimates its gross margin for the quarter…

View On WordPress