Top US stocks to watch before the bell: Wendy’s, Tesla and EA
Joshua Warner May 12, 2021 1:14 PM
Wendy’s ups expectations as it welcomes back customers, Tesla poised to enter renewable credit market, EA is confident demand for gaming will hold up, General Motors faces an investigation in Mexico, and Toyota is confident it can bounce back this year. Share:
Wendy’s
Burger outlet Wendy’s reported strong growth in revenue and earnings during the first quarter as it started to welcome back customers and raised its outlook for the full year.
The company said global systemwide sales were up 12.5% in the quarter, while same store sales jumped 13%. The US performed better than its international arm, but both reported strong rates of growth. That was well ahead of the 9.8% growth forecast by analysts.
Vaccinated U.S. tourists could soon be allowed to travel to Europe
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U.S. tourists who are vaccinated against COVID-19 may soon be allowed to travel to Europe, under a plan being considered by the head of the E.U.
The European Commission President said Americans would be allowed to travel as the vaccines used in the U.S. are approved by the E.U. medicines watchdog
These include the Moderna, Pfizer and Johnson & Johnson vaccines, which are all approved by the European Medicines Agency (EMA)
No date has been set for when travel could begin, but the U.S. is on track to meet its July-target of having 70 per cent of its population vaccinated
India s Double-Mutation of the Coronavirus to Impact Tourism Recovery ftnnews.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from ftnnews.com Daily Mail and Mail on Sunday newspapers.
Carnival rises ahead of Q1 earnings Carnival rises ahead of Q1 earnings
Fiona Cincotta April 6, 2021 6:02 PM
Carnival is expected to release Q1 results 7th April. A loss per share of $1.66 is forecast on revenue of $108 million. Share:
th April.
Expectations are low as the pandemic ravaged the business evaporating revenue streams overnight.
The prospects of a return to normal trade still seems like some way off after Boris Johnson failed to provide much detail on international travel amid the re-opening of the UK and the US Centre for Disease Control & Prevention said there was little prospect of lifting the no-cruise order before November.