Dividends
Procter & Gamble earnings beat estimates, but weak demand in China hurts sales
Boxes of Bounce dryer sheets owned by the Procter & Gamble company are seen on a store shelf on October 20, 2020 in Miami, Florida. Joe Raedle | Getty Images Procter & Gamble on Friday reported weaker-than-expected revenue as lower demand in China again weighed on its sales. Shares of the company were flat in […]
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Stocks making the biggest moves after hours: Lucid, Discover Financial, PPG Industries, Kinder Morgan and more
Check out the companies making headlines in extended trading. Discover Financial – Shares inched lower by 1%. The financial services company posted third quarter results that surpassed expectations, with earnings of $3.69 per share on $4.45 billion of revenue. Analysts polled by LSEG were calling for earnings of $3.42 per share and revenue of $4.35 […]
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Stocks making the biggest moves premarket: Goldman Sachs, Bank of America, Walgreens and more
Check out the companies making headlines before the bell. Bank of America — Shares moved 1% higher after third-quarter earnings and revenue topped Wall Street analysts’ estimates. Earnings came in at 81 cents, beating the 77 cents expected from analysts polled by LSEG. Revenue was $25.5 billion, versus the $25.3 billion consensus estimate. Johnson & […]
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Walgreens says it will close 1,200 stores by 2027, as earnings top estimates
A person rides past a Walgreens truck, owned by the Walgreens Boots Alliance, in Manhattan, New York City, on Nov. 26, 2021. Andrew Kelly | Reuters Walgreens on Tuesday reported fiscal fourth-quarter sales and adjusted profit that beat Wall Street’s expectations, as the company slashes costs in an attempt to steer itself out of a […]
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These dividend growers are also on Goldman Sachs’ buy list
Dividend stocks may be back in the spotlight, but investors should make sure they are buying quality companies that are growing their payouts, said Goldman Sachs. Dividend-paying equities are expected to get a lift as the Federal Reserve cuts interest rates. That’s because income investors may turn to them as their yields begin to appear […]
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PepsiCo trims revenue outlook as North American snacking, key international markets lag
A truck with Pepsi logo on a semitrailer is seen at Interstate 95 highway in Maryland, United States, on October 21, 2022. Beata Zawrzel | Nurphoto | Getty Images PepsiCo on Tuesday lowered its full-year outlook for organic revenue after its second straight quarter of weaker-than-expected sales. The repercussions of the Quaker Foods North America […]
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Stellantis CEO says too soon to confirm 2025 dividend as shares slide
Carlos Tavares, chief executive officer of Stellantis NV, speaks during a news conference at the Fiat automobile manufacturing plant in Kragujevac, Serbia, on Monday, July 22, 2024. Oliver Bunic | Bloomberg | Getty Images Stellantis CEO Carlos Tavares on Thursday left the door open for possible cuts to its dividend and share buybacks next year […]
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Stocks making the biggest moves premarket: Micron Technology, Starbucks, CarMax and more
Check out the companies making headlines before the bell. Starbucks — The coffee chain rose more than 2% after Bernstein upgraded the stock to outperform from market perform. The firm is bullish on new CEO Brian Niccol who began on Sept. 9. New York Community Bancorp — Shares of the regional lender gained more than […]
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Darden Restaurants earnings disappoint as Olive Garden, fine dining sales struggle
A sign hangs on the front of an Olive Garden restaurant on June 22, 2023 in Chicago, Illinois. Scott Olsen | Getty Images Darden Restaurants on Thursday reported weaker-than-expected quarterly earnings and revenue as sales weakened at Olive Garden and its fine dining restaurants. “While we fell short of our expectations for the first quarter, […]
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Stocks making the biggest moves midday: Kroger, Petco, Moderna, Roku and more
Check out the companies making headlines in midday trading. Kroger – Shares of the supermarket chain rallied more than 4%. Kroger reported mixed fiscal second-quarter results, posting adjusted earnings that beat expectations by 2 cents a share. Revenues came up shy of Wall Street’s estimates. Petco — Shares of the pet retailer soared 14%. That […]
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