Green Plains, Inc. - Common Stock (GPRE)

The company unveiled a corporate reorganization and cost-reduction initiative, planning savings of up to $50 million annually.

Wall Street slumped into negative territory late in the week as renewed fears over inflation and trade tariffs eroded risk appetite.

Oil futures spiked as WTI rose 3% to over $77/barrel, driven by geopolitical tensions in the Middle East and supply disruptions in Libya.

GPRE stock results show that Green Plains missed analyst estimates for earnings per share and missed on revenue for the second quarter of 2024.

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GPRE stock results show that Green Plains missed analyst estimates for earnings per share and missed on revenue for the first quarter of 2024.

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A swing to positive net income in the fourth quarter is good for the stock today.

Companies Reporting Before The Bell • Madison Square Garden (NYSE:MSGE) is expected to report quarterly loss at $0.80 per share on revenue of $301.83 million.

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Shares of The Container Store Group, Inc. (NYSE: TCS) shares fell sharply during Wednesday’s session following weak quarterly results.

U.S. stocks traded higher, with the Dow Jones gaining around 150 points on Wednesday.