3M Co
Recession could hit this year so buy defensive dividend stocks, Wolfe Research says
It’s time for investors to snap up defensive dividend stocks as a recession could hit later this year, according to Wolfe Research. Wolfe analysts said in a note Monday that believe a recession could turn up as early as the fourth quarter, though they maintained that their base case is for a downturn in 2023. […]
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Target and Microsoft may be just the beginning of a worrisome earnings trend
Target is unlikely to be the only company with a bullseye on it during the upcoming earnings season. The retailer Tuesday warned for the second time in less than a month that its profits would take a hit from an inventory glut. The new guidance comes just days after Microsoft , in another high profile […]
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China factory activity contracts in April at steeper pace as lockdowns bite
Employees working on the production line of carbon fiber badminton rackets at a factory in Sihong County, Suqian City, Jiangsu Province of China. China reported Saturday that factory activity in April contracted at a steeper pace as Covid-19 lockdowns halted industrial production and disrupted supply chains. Visual China Group | Getty Images China’s factory activity […]
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These stocks show pricing power, a look into Q1 earnings results reveals
Rising cost pressures and surging inflation marked the first quarter of 2022, but some companies seemed to benefit despite the uptick. Source
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Here are Thursday’s biggest analyst calls of the day: Amazon, Spotify, Teladoc, Meta, Boeing & more
Here are the biggest calls on Wall Street on Thursday. Source
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Stocks making the biggest moves midday: General Electric, Warner Bros. Discovery, UPS, 3M and more
A General Electric (GE) sign is seen at the second China International Import Expo (CIIE) in Shanghai, China November 6, 2019. Aly Song | Reuters Check out the companies making headlines in midday trading. General Electric — Shares slid more than 11% despite the industrial company reporting top and bottom line beats for the first […]
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Stocks making the biggest moves premarket: PepsiCo, General Electric, UPS and others
Check out the companies making headlines in premarket trading. PepsiCo – Shares of the food and beverage giant dipped in the premarket although the company reported a beat on the top and bottom lines in the recent quarter as consumers paid more for some of the company’s key brands. General Electric – General Electric’s stock […]
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Goldman’s ways to play deglobalization, onshoring trend fueled by pandemic and Ukraine war
Goldman Sachs strategists say companies that are reducing their global exposure or benefit from onshoring are outperforming so far this year. Source
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Some of the first quarter’s biggest losers could be the biggest steals, Jim Cramer says
Investors should consider purchasing stock of the first quarter’s biggest losers if the market shows signs of recovering on its own, CNBC’s Jim Cramer said Monday. “This market’s screaming that we’re headed for a [Federal Reserve]-mandated slowdown, that could possibly become a Fed-mandated recession,” the “Mad Money” host said. “If we get more signs that […]
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