Steelcase (SCS) Tops Q1 EPS by 7c, Offers Q2 Guidance
- Wall Street closes higher as investors digest earnings, megacap outlook
- JPMorgan is worried about further S&P 500 sell-off potential
- Oil rises as dollar slips, focus shifts to economic data
- China acquired top-end Nvidia AI chips despite recent US ban- Reuters
- SAP Q1 results fall short of Wall Street estimates as transformation kicks off
- Fisker (FSR) Appoints Michael Healy as Chief Restructuring Officer
- Kroger (KR), Albertsons and C&S Wholesale Grocers Announce an Updated and Expanded Divestiture Plan
- Costar Group (CSGP) to Acquire Matterport (MTTR) for $5.50/sh Cash and Stock
- Jaguar Health (JAGX) Files $75M Mixed Shelf
- Apple (AAPL) PT Lowered to $210 at Morgan Stanley, 'We'd buy post-earnings weakness'
- Midday movers: PepsiCo, JetBlue fall; GM, Danaher and UPS rise
- After-hours movers: Cadence Design Systems, Cleveland-Cliffs, Riot Platforms, and more
- Midday movers: Tesla, Li Auto and CNH Industrial fall; Salesforce rises
- Midday movers: Netflix, Super Micro fall; Paramount Global gains
- After-hours movers: Netflix, Intuitive Surgical, Nordstrom, KB Home
Steelcase Reports First Quarter Fiscal 2022 Results
June 23, 2021 4:05 PM EDTOrders grew 11% compared to prior year and 25% compared to fourth quarter, reflecting momentum as companies plan to return to the officeRevenue increased 15% compared to prior year, with broad-based growth across all segments Price increases expected to begin offsetting significant inflationary pressures later in fiscal yearOutlook for second quarter and remainder of year expects strengthening recovery driven by reopening of officesDividend restored to pre-pandemic level of $0.145 per share
GRAND RAPIDS, Mich., June 23, 2021 (GLOBE NEWSWIRE) --... More