Dividends
Procter & Gamble raises earnings forecast but quarterly sales disappoint
In this photo illustration, Pantene and Head & Shoulders hair products are displayed on July 28, 2023 in San Anselmo, California. Justin Sullivan | Getty Images Procter & Gamble on Friday reported mixed quarterly results but raised its full-year earnings outlook. Shares of the company were roughly flat in premarket trading. Here’s what P&G reported compared […]
Read More
Stocks making the greatest moves premarket: EBay, Tesla, Taiwan Semiconductor, Alaska Air and more
Test out the providers making headlines in advance of the bell. Taiwan Semiconductor Production — U.S.-traded shares of the Taiwanese chipmaker fell 2.4% despite beating income and financial gain expectations in the 1st quarter. The organization claimed no structural hurt from the earthquake in Taiwan previously in April, but mentioned some wafers “had to be […]
Read More
United Airlines slashes 2024 aircraft delivery plan as Boeing crisis leads to delays
A United Airlines Boeing 737 Max 9 aircraft lands at San Francisco International Airport. Justin Sullivan | Getty Images United Airlines on Tuesday cut its aircraft-delivery expectations for the year as it grapples with delays from Boeing, the latest airline to face growth challenges because of the plane-maker’s safety crisis. United expects to receive just […]
Read More
Shares making the biggest moves midday: UnitedHealth, SolarEdge, Financial institution of The usa, Tesla and much more
Test out the corporations making headlines in midday trading. UnitedHealth — Shares climbed additional than 6%, solitary-handedly pushing the Dow Jones Industrial Average higher on Tuesday. UnitedHealth posted superior-than-predicted first-quarter profits and reaffirmed its total-yr earnings forecast of $27.50 to $28 for every share excluding things. Analysts polled by FactSet forecast $27.50. Johnson & Johnson […]
Read More
Morgan Stanley tops expectations on wealth management, trading and advisory results
Ted Pick, CEO Morgan Stanley, speaking on CNBC’s Squawk Box at the World Economic Forum Annual Meeting in Davos, Switzerland on Jan. 18th, 2024. Adam Galici | CNBC Morgan Stanley on Tuesday posted results that topped analysts’ estimates for profit and revenue as wealth management, trading and investment banking exceeded expectations. Here’s what the company reported: […]
Read More
Johnson & Johnson tops quarterly profit estimates as medical device sales jump
An entry sign to the Johnson & Johnson campus shows their logo in Irvine, California on August 28, 2019. Mark Ralston | AFP | Getty Images Johnson & Johnson on Tuesday reported first-quarter adjusted earnings that topped Wall Street’s expectations as sales in its medical devices business surged. Meanwhile, the company’s total revenue for the […]
Read More
Delta tops quarterly earnings expectations, focuses on efficiency as growth steadies
An Airbus A330-941 is being delivered to Delta Air Lines, flying from Toulouse Blagnac Airport to Atlanta, in Toulouse, France, on December 8, 2023. JoanValls | Nurphoto | Getty Images Delta Air Lines swung to a profit in the first quarter and its CEO Ed Bastian said bookings for both leisure and business travel are […]
Read More
Monthly bill Gross suggests this cash flow engage in is ‘Better than AI.’ How you can get in on it
Power charges are surging, and an money-oriented enjoy is having some love from legendary investor Bill Gross. Before this month, the former Pimco investment decision chief and ” bond king ” explained on social media system X : “I really like MLP pipelines. … Far better than AI,” noting that these learn restricted partnerships have […]
Read More
3G Capital quietly exited its Kraft Heinz investment last year
Brazilian private equity firm 3G Capital quietly sold off its 16.1% stake in Kraft Heinz in the fourth quarter, nearly nine years after masterminding the blockbuster merger of Kraft Foods and Heinz with Warren Buffett. The sale marks the end of an era for 3G. The firm’s influence over Kraft Heinz had been dwindling in […]
Read More
Nearly half of Levi's sales are happening online and in its shops, a shift as department stores fade
Levi Strauss, which has long relied on wholesalers like Macy’s and Kohl’s to drive its business, is now doing nearly half of its sales through its own website and stores, the company said Wednesday when reporting fiscal first quarter earnings. In the three months ended Feb. 25, direct-to-consumer sales made up a record 48% of […]
Read More