Month: November 2022
Credit Suisse downgrades Charles Schwab, says there is limited upside from here
Investors can expect limited upside in Charles Schwab looking ahead to 2025, according to Credit Suisse. Analyst Bill Katz downgraded Charles Schwab to neutral from outperform, saying the stock is trading at a fair value after its outperformance this year. Charles Schwab shares are down just 5% this year, better than the near 19% decline […]
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Stocks making the largest moves in the premarket: Abiomed, Uber, SoFi, Pfizer and extra
look at now Video1:0301:03 U.S. stock futures increase to kick off November trading Morning Report Choose a glance at some of the most significant movers in the premarket: Abiomed (ABMD) – Abiomed stock soared 51.6% in premarket investing right after agreeing to be acquired by Johnson & Johnson (JNJ) in a almost $16.6 billion offer. […]
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Pfizer raises 2022 earnings guidance, beats third-quarter expectations
Vials containing the Pfizer/BioNtech vaccine against the coronavirus disease (COVID-19) are displayed before being used at a mobile vaccine clinic, in Valparaiso, Chile, January 3, 2022. Rodrigo Garrido | Reuters Pfizer on Tuesday raised its 2022 earnings guidance after booking a strong third quarter that beat Wall Street expectations. Pfizer now expects earnings per share […]
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Uber stories another loss but beats on revenue and the inventory is up
Uber CEO Dara Khosrowshahi speaks at a product or service start occasion in San Francisco, California on September 26, 2019. Philip Pacheco | AFP by means of Getty Photos Uber noted a third-quarter loss Tuesday but beat analysts’ estimates for revenue and showed a surge in bookings. Shares had been up about 7% in premarket […]
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JPMorgan upgrades Monster Beverage, says it’s attractive heading into 2023
JPMorgan thinks it’s time to buy shares of Monster Beverage . Analyst Andrea Teixeira upgraded shares of Monster Beverage to overweight from neutral ahead of the company’s third-quarter earnings results this week. She said the outlook appears rosy for the energy drink maker as supply chain pressures abate. “We think MNST is well positioned into […]
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Pfizer RSV vaccine given to pregnant mothers is effective at protecting newborns, company’s data shows
Pfizer’s vaccine against respiratory syncytial virus, or RSV, is highly effective at protecting newborns when the shot is given to the mothers late in their pregnancy, according to clinical trial data published Tuesday. RSV is a common respiratory virus that generally causes mild cold-like symptoms, but it can be dangerous for infants younger than 6 […]
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Apple Iphone maker Foxconn slams ‘maliciously edited’ video that promises Covid deaths at China plant
After a Covid outbreak at a Foxconn factory in Zhengzhou, China, some workers selected to go dwelling. Pictured below are the shuttle buses on Oct. 30, 2022. VCG | Getty Illustrations or photos Foxconn explained Tuesday that there have been no deaths at its Zhengzhou, China factory, the largest Apple iphone output facility in the […]
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Energy sector needs firms with mentality of Tesla and Amazon to move forward, CEO says
The energy sector requires new companies with the mentality of a Tesla or Amazon to push forward in the years ahead, according to the ex-CEO of energy infrastructure powerhouse Snam. “It took a Tesla to disrupt … the car manufacturing sector, it took an Amazon to disrupt the retail market, and I think it’s going […]
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BP rakes in quarterly earnings of $8.2 billion as oil majors publish a different spherical of bumper earnings
Shares of BP are up in excess of 45% yr-to-day. Sopa Images | Lightrocket | Getty Images Oil and fuel giant BP on Tuesday claimed more robust-than-envisioned 3rd-quarter gains, supported by large commodity selling prices and robust gasoline internet marketing and trading. The British energy key posted fundamental substitution value earnings, used as a proxy […]
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Ukraine’s front line comes under further pressure; UN warns of rising food prices after export deal
Ukraine sees more shelling overnight after wave of missile attacks Ukraine has reported more shelling in several regions overnight, as well as intense fighting along the front line in Donetsk in eastern Ukraine, a day after it witnessed a wave of attacks across a number of regions. Shelling has been reported in the Dnipropetrovsk region in […]
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