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Children's Place Fiscal Q4 Adjusted Loss Widens, Revenue Falls; Shares Drop After Hours

Children's Place (PLCE) reported a fiscal Q4 adjusted loss late Friday of $1.86 per diluted share, widening from the loss of $0.75 a year earlier.One analyst polled by FactSet expected a loss of $0.96.Revenue in the three months ended Jan. 31 fell to $329.2 million from $408.6 million a year earlier.One analyst surveyed by FactSet expected $358.3 million.Children's Place shares fell 19% in after-hours trading.

$PLCE

Wire122d ago

Market Chatter: Epic Games' Fortnite Resurgence Hinges on Walt Disney Partnership

Epic Games is pinning its Fortnite rebound on its game development with Walt Disney (DIS) after rushing product releases to chase trends backfired, Bloomberg reported Friday, citing company employees.The company acknowledged that new games, Fortnite upgrades, and a new mobile store did not live up to expectations, according to the sources.The first game under the partnership with Disney is expected to launch in November, with at least two more games expected in the future, the media outlet reported.Epic Games did not immediately respond to a request for comment from.(Market Chatter news is derived from conversations with market professionals globally. This information is believed to be from reliable sources but may include rumor and speculation. Accuracy is not guaranteed.)Price: $99.01, Change: $-0.79, Percent Change: -0.79%

$DIS

Wire122d ago

Top Cryptocurrencies Rise; Bitcoin Holds Above $73,000 Level

Major digital assets rose Friday, with Bitcoin (BTC-USD) holding above the $73,000 level.The CoinDesk Market Index, which tracks dozens of digital assets including Bitcoin, rose 1.2% in the past 24 hours. The Nasdaq 100 rose 0.1%, the S&P 500 fell 0.2%, and the Dow Jones Industrial Average decreased 0.6%.Bitcoin rose 1.2% to $73,110, according to CoinMarketCap data. The most popular cryptocurrency's 24-hour trading volume rose 10.3% to $39.1 billion.Ethereum (ETH-USD), the second-largest digital asset by market value, climbed 1.3% to $2,250.XRP (XRP-USD) advanced 0.3%, BNB (BNB-USD) was little changed, and Solana (SOL-USD) rose 1.4%. Dogecoin (DOGE-USD) climbed 1.2%, while Cardano (ADA-USD) gained 0.7%.The US 10-year Treasury yield stood at 4.315% at 3 p.m. ET Friday, up from 4.287% Thursday, while the five-year yield rose to 3.939% from 3.911%.The total market value of the cryptocurrency industry advanced 1.4% in the past 24 hours to $2.48 trillion, with trading volume gaining 1% to $149.95 billion.Price: $73096.51, Change: $+1312.99, Percent Change: +1.83%

Financial News · Live Terminal

Children's Place Fiscal Q4 Adjusted Loss Widens, Revenue Falls; Shares Drop After Hours

Market Chatter: Epic Games' Fortnite Resurgence Hinges on Walt Disney Partnership

Top Cryptocurrencies Rise; Bitcoin Holds Above $73,000 Level

Versamet Royalties Completes Eskay Creek Gold Stream Acquisition

Whirlpool to Invest $60 Million in New Ohio Production Facility

Bristol-Myers Squibb Poised for In-Line Q1 Amid One-Off Volatility, RBC Says

Market Chatter: Nvidia Chips Allegedly Brought Into China by AI Firm Sharetronic

CCC Intelligent Shares Fall After Citigroup Downgrade

Simply Good Foods Shares Fall After Stephens Downgrade

Veeva Systems Shares Fall After Citigroup Downgrade

NICE Shares Fall After Downgrade From Citigroup

Market Chatter: WEX Shareholders Urged by Impactive Capital to Replace CEO on Board Next Month

Similarweb Shares Fall After Citigroup Downgrade

Autodesk Shares Fall After Citigroup Downgrade

DocuSign Shares Fall After Citigroup Downgrade

Nutanix Shares Fall After Downgrade From JPMorgan

Rollins Seen Facing Softer Q1 Growth on Weather Impact, UBS Says

Shake Shack Shares Rise After Mizuho Upgrade

Super Micro Computer Shares Rise After Launch of Gold Series Server Offering

Update: Market Chatter: Commvault Exploring Sale After Receiving Takeover Interest

Children's Place Fiscal Q4 Adjusted Loss Widens, Revenue Falls; Shares Drop After Hours

Market Chatter: Epic Games' Fortnite Resurgence Hinges on Walt Disney Partnership

Top Cryptocurrencies Rise; Bitcoin Holds Above $73,000 Level

Versamet Royalties Completes Eskay Creek Gold Stream Acquisition

Whirlpool to Invest $60 Million in New Ohio Production Facility

Bristol-Myers Squibb Poised for In-Line Q1 Amid One-Off Volatility, RBC Says

Market Chatter: Nvidia Chips Allegedly Brought Into China by AI Firm Sharetronic

CCC Intelligent Shares Fall After Citigroup Downgrade

Simply Good Foods Shares Fall After Stephens Downgrade

Veeva Systems Shares Fall After Citigroup Downgrade

NICE Shares Fall After Downgrade From Citigroup

Market Chatter: WEX Shareholders Urged by Impactive Capital to Replace CEO on Board Next Month

Similarweb Shares Fall After Citigroup Downgrade

Autodesk Shares Fall After Citigroup Downgrade

DocuSign Shares Fall After Citigroup Downgrade

Nutanix Shares Fall After Downgrade From JPMorgan

Rollins Seen Facing Softer Q1 Growth on Weather Impact, UBS Says

Shake Shack Shares Rise After Mizuho Upgrade

Super Micro Computer Shares Rise After Launch of Gold Series Server Offering

Update: Market Chatter: Commvault Exploring Sale After Receiving Takeover Interest