Mid-Afternoon Market Update: Dow Tumbles Over 100 Points; H&R Block Shares Spike Higher
U.S. stocks trade lower toward the end of trading, with the Dow Jones dropping more than 100 points on Wednesday.
Mid-Day Market Update: Crude Oil Surges 6%; Kornit Digital Shares Plummet
U.S. stocks traded mixed midway through trading, with the Dow Jones jumping more than 100 points on Wednesday.
52 Stocks Moving In Wednesday’s Mid-Day Session
Gainers
Trecora Resources (NYSE: TREC) shares jumped 26.6% to $9.56 as the company agreed to be acquired by an affiliate of Balmoral Funds at $9.81 per share in cash or an enterprise value of $247 million.
Trecora Resources Reports Will Be Acquired By Affiliate Of Balmoral Funds At $9.81/Share In Cash Or Total Deal Size OF ~$247M
Purchase price of $9.81 per share in cash, with a total transaction value of $247 million
Transaction follows a comprehensive strategic review process by the Trecora Board of Directors
Trecora to adopt limited-duration
Earnings Scheduled For May 4, 2022
Companies Reporting Before The Bell
• Seres Therapeutics (NASDAQ:MCRB) is estimated to report quarterly loss at $0.52 per share on revenue of $8.48 million.
Trecora Resources Comments On Letter From Ortelius Advisors; Says ‘open to exploring all value-enhancing opportunities’
Trecora Resources ("Trecora" or the "Company") (NYSE:TREC), a leading provider of specialty hydrocarbons and waxes, today issued the following statement regarding Ortelius Advisors'
Trecora Resources Q4 EPS $0.22 Up From $(0.01) YoY, Sales $74.60M Beat $58.14M Estimate
Trecora Resources (NYSE:TREC) reported quarterly earnings of $0.22 per share. This is a 2300 percent increase over losses of $(0.01) per share from the same period last year. The company reported quarterly sales of
Earnings Scheduled For March 8, 2022
Companies Reporting Before The Bell
• Babcock & Wilcox (NYSE:BW) is likely to report quarterly earnings at $0.10 per share on revenue of $196.62 million.
Trecora Resources Q3 EPS $0.08 Up From $0.04 YoY, Sales $74.60M Beat $58.14M Estimate
Trecora Resources (NYSE:TREC) reported quarterly earnings of $0.08 per share. This is a 100 percent increase over earnings of $0.04 per share from the same period last year. The company reported quarterly sales of
Earnings Scheduled For November 3, 2021
Companies Reporting Before The Bell
• R.R.Donnelley & Sons (NYSE:RRD) is likely to report quarterly earnings at $0.32 per share on revenue of $1.19 billion.