— International Game Technology (NYSE: IGT) reported earnings of $0.31 per share in the fourth quarter of 2019 vs. $0.24 per share expected.
— Q4 revenues fell 1% to $1.25 billion, vs $1.23 billion expected. Total revenues were hurt by lower service revenues from reduced North American multistate jackpot activity and impact of Italy gaming machine taxes.
— For 2020, the company expects operating income of $740-790 million. Capital expenditures are projected in the range of $400-500 million.
— IGT shares grew 1.4% during pre-market hours on Tuesday.
For technology stocks, 2022 has been a challenging year, with companies losing significant market value amid prolonged stock selloff. In that respect, Salesforce, Inc. (NYSE: CRM) is among the worst-affected
Shares of Macy’s Inc. (NYSE: M) were down on Thursday. The stock has gained 36% over the past three months and 18% over the past one month. The company’s sales
Department store chain The Kroger Co. (NYSE: KR) on Thursday said its third-quarter sales and adjusted earnings increased year-over-year. The latest numbers also exceeded the market's expectations. Net earnings attributable to