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On July 19, judge Kathaleen McCormick ruled that the trial would last for five days in October, [115] [116] with Twitter seeking an October 10 start date. [117] During its quarterly earnings investor call on July 22, Twitter cited the "chaos" caused by the proposal as the primary factor for its decline in revenue. [118]
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Pentair plc (PNR) delivered earnings and revenue surprises of 6.45% and 0.60%, respectively, for the quarter ended September 2022. Do the numbers hold clues to what lies ahead for the stock?
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Twitter, officially known as X since 2023, is a social networking service.It is one of the world's largest social media platforms and one of the most-visited websites. [4] [5] Users can share short text messages, images, and videos in short posts commonly known as "tweets" (officially "posts") and like other users' content. [6]
For firms that report good news in quarterly earnings, their abnormal security returns tend to drift upwards for at least 60 days following their earnings announcement. Similarly, firms that report bad news in earnings tend to have their abnormal security returns drift downwards for a similar period. This phenomenon is called post-announcement ...
Pentair (PNR) delivers better-than-expected third-quarter performance and projects adjusted earnings per share (EPS) between $2.35 and $2.40 for the current year.
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