Company News for May 3, 2023

Zacks Equity Research

3 May 2023 at 9:24 am·1-min read

Shares of PacWest Bancorp PACW and Western Alliance Bancorporation WAL plummeted 27.8% and 15.1%, respectively, on the regional banking crisis.
Shares of BP p.l.c. BP dropped 8.1% after reporting first-quarter 2023 revenues of $56.95 billion, missing the Zacks Consensus Estimate of $57.48 billion.
Shell plc’s SHEL shares slid 3.5% as global oil prices tanked.
Shares of Woodward, Inc. WWD jumped 15.4% after reporting second-quarter fiscal 2023 adjusted earnings of $1.01 per share, beating the Zacks Consensus Estimate of $0.77 per share.

Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report

BP p.l.c. (BP) : Free Stock Analysis Report

Western Alliance Bancorporation (WAL) : Free Stock Analysis Report

Woodward, Inc. (WWD) : Free Stock Analysis Report

PacWest Bancorp (PACW) : Free Stock Analysis Report

Shell PLC Unsponsored ADR (SHEL) : Free Stock Analysis Report

To read this article on Zacks.com click here.

Zacks Investment Research

NextShark
16-year-old Chinese boy beat with iron rod on New Zealand bus
On Friday morning, during the Maori New Year public holiday, a 16-year-old teen named Jason was brutally attacked on an Auckland bus by a woman wielding an iron rod. The assailant, described as a Maori woman “more than 200 kilograms," hit Jason multiple times and stabbed him in the face, knocking out five of his teeth, on board the bus after having allegedly shouted "ch*nk" at him at Johns Lane stop. Man intervenes: A 75-year-old Chinese man, Penglai Qiuyue, intervened and managed to grab the weapon, though he was also injured in the process.
Malay Mail
Abused husky rescued after viral video, owner files police report demanding his dog back (VIDEO)
KUALA LUMPUR, JULY 3 — A viral video showing a man beating his dog, a husky, while his other, smaller dog cowered in a c...
Malay Mail
As AG stays silent, Rosmah presses on with bid to strike out money laundering and tax evasion charges
KUALA LUMPUR, July 4 — Datin Seri Rosmah Mansor's money laundering and tax evasion trial proceeded today despite the lac...
The Telegraph
Michelle Obama the only Biden alternative who would beat Trump
The only prospective candidate who could beat Donald Trump in the presidential election is Michelle Obama, according to a new poll.
HuffPost
Death Of Teenage Badminton Star Prompts Outrage Over Delayed Medical Response
Video from the incident shows tournament officials watching Chinese athlete Zhang Zhijie for around 40 seconds before medical help arrives.
Malay Mail
Tour bus driver in fatal Genting crash claims trial to reckless driving causing death, and having no valid licence
KUALA LUMPUR, July 3 — S. Anand Kumar, the Malaysian man behind the wheel of the tour bus that overturned and killed two...
The Telegraph
The world must prepare for President Michelle Obama
The 2024 US Presidential race intensifies. Speculation abounds over potential replacements for President Joe Biden amid increasing pressure from his party and the media to step aside after a jaw-dropping, catastrophic debate against Donald Trump last week. Among the names circulating, a game-changer is emerging: Michelle Obama. Could this be America’s worst nightmare?
Malay Mail
Singapore’s new S$20,000 cash declaration rules: What Malaysians need to know
Singapore has implemented new regulations since May requiring all travellers to declare cash exceeding S$20,000 (RM69...
Malay Mail
In court, Mais and Hindu family agree man won’t be reburied according to Islamic rites; next-of-kin to inherit assets
KUALA LUMPUR, July 3 — A court dispute between the Selangor Islamic Religious Council (Mais) and a Hindu family was sett...
Bloomberg
These flight routes suffer the world’s worst turbulence
A series of incidents that left scores of airline passengers needing medical attention has shone a spotlight on the problem of severe in-flight turbulence.
People
Jennifer Lopez Flaunts Her Abs in White Crop Top and Baggy Jeans During N.Y.C. Outing
Lopez was spotted wearing her wedding ring with the casual attire
The Telegraph
Hindu priest sexually abused hundreds of followers, High Court hears
A woman accusing a religious leader of exploiting and sexually abusing her told the High Court he has done it to “hundreds” of his followers over the last 40 years.
The Telegraph
Horrifying moment husband wheels suitcase containing murdered wife from home while carrying child
A husband who strangled his wife in front of her two children and lover on a video call was captured wheeling the suitcase containing her body out of his home.
Entertainment Weekly
Victoria and David Beckham rewear purple wedding outfits to celebrate 25th anniversary: 'Look what we found'
The soccer star and Spice Girls singer married July 4, 1999.
Bloomberg
China urges Philippines to punish killers of Chinese citizen
China called on the Philippines to catch and severely punish the murderers of a Chinese citizen in a kidnapping case that prompted Beijing’s diplomatic intervention.
The Daily Beast
Daughter, Zara Tindall, ‘Shaken to the Core’ by Princess Anne’s Amnesia
Zara Tindall has been left “shaken to the core” by her mother Princess Anne’s mystery encounter with a horse which left her with a brain injury that has resulted in amnesia, according to a report.OK! Magazine says that Zara, 43, has been left freaked out by the incident which saw Anne, 73, also known as The Princess Royal, struck by a horse while she was out walking, alone, on Sunday, June 23, at her home, Gatcombe Park, in the Cotswolds.She was treated at the scene and then hospitalized for fiv
People
Victoria and David Beckham Slip Back into Their Iconic Purple Wedding Outfits to Celebrate 25th Anniversary
The couple got married on July 4, 1999
The Telegraph
Every Euro 2024 quarter-final team ranked: England dead last – this is why
The most boring and ponderous team to watch but you have to be in it to win it and Southgate’s side are still there somehow. Being fun to watch is great but playing badly and winning is not a terrible habit to have in knockout football. Might be wishful thinking but surely they have to play better at some point. Then they might still be dangerous.
InStyle
A Timeline of Nick Jonas & Priyanka Chopra's Hollywood Love Story
They first met at a Vanity Fair Oscars party, and later went to the Met Gala together before officially dating.
Malay Mail
‘Uncle Roger’, the internet’s favourite fried rice critic, opening a restaurant in Malaysia?
KUALA LUMPUR, July 3 — Nigel Ng, better known by his alter ego “Uncle Roger”, has teased opening a restaurant in Malaysi...

Latest stories