Home Depot Stock Slips as Customer Transactions Decline

Text size A man shops for supplies at a Home Depot store in Alhambra, California. (Photo by FREDERIC J. BROWN/AFP via Getty Images) Home Depot reported second-quarter earnings $5.05 a share, topping analysts’ estimates, and reaffirmed its 2022 guidance. But Home Depot (ticker: HD) shares fell 2.2% in premarket trading to $307.82 after customer transactions … Read more

Crypto exchange Hotbit says it froze customer funds due to alleged criminal ties of formal employee

On Thursday, cryptocurrency exchange Hotbit said it “suspended trading, deposit, withdrawal and funding functions,” with no timeframe for resumption. In explaining the decision, Hotbit stated: “A former Hotbit management employee who left in April this year was, unbeknownst to Hotbit, involved in a project in 2021 that law enforcement authorities now think is suspected of … Read more

Verizon Lowers Annual Forecasts After Weak Customer Growth

Listen to article (1 minute) Verizon Communications struggled to add wireless phone customers in the latest quarter and lowered its profit and revenue goals for the rest of the year. The telecommunications giant gained 12,000 postpaid phone connections in the second quarter, a sign of relatively weak growth in its core customer base. Source link