Dividends
Has local climate alter made utilities a dangerous bet? What earnings investors need to know
With yields generally thought of harmless, utility stocks have extensive been a beloved money play for retirees. However climate change may set those strategies at possibility. The wildfires in Maui are just the most current instance of extreme climate and the peril experiencing utilities. Hawaiian Electric powered , which currently has a 10.5% dividend produce, […]
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Mediterranean restaurant chain Cava swings to a profit in first report since IPO
A banner for the Mediterranean restaurant chain Cava is displayed outside of the New York Stock Exchange (NYSE) as the company goes public on June 15, 2023 in New York City. Spencer Platt | Getty Images Cava on Tuesday posted a profitable quarter for its first earnings report since its initial public offering in June. […]
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Kraft Heinz picks new CEO as sales slump in the face of higher prices
Kraft Heinz products arranged at a Stop & Shop store in Dobbs Ferry, New York, July 25, 2023. Tiffany Hagler-Geard | Bloomberg | Getty Images Kraft Heinz‘s North American president will become CEO of the food giant next year, the company announced Monday. Carlos Abrams-Rivera will take the reins on Jan. 1 from Miguel Patricio, […]
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Restaurant Brands’ sales rise, fueled by Burger King and Tim Hortons growth
Burger King fast food restaurant with menu and customers. Jeff Greenberg | Universal Images Group | Getty Images Restaurant Brands International on Tuesday reported double-digit same-store sales growth at Burger King and Tim Hortons for its second quarter. Shares of the company were roughly unchanged in premarket trading. Here’s what the company reported for the […]
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Here are the 5 price-target changes and 4 trades we made during this busy earnings week
In a jam-packed week of earnings, the Club executed multiple trades and elevated price targets for some of our biggest stocks. Many of these moves stemmed from what we saw in quarterly numbers and heard on conference calls. Here’s a day-by-day look at the portfolio action. Monday The week began with our decision to exit […]
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Stocks making the biggest moves midday: Amazon, Apple, Block, Tupperware and more
Amazon workers sort packages for delivery in New York, July 12, 2022. Michael M. Santiago | Getty Images News | Getty Images Check out the companies making headlines in midday trading. Amazon — The e-commerce giant surged 10% after delivering a massive profit beat and positive guidance. Amazon’s cloud and ad businesses also reported better-than-expected […]
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Stocks making the biggest moves after hours: Apple, Amazon, Airbnb, Coinbase and more
Sheldon Cooper | Lightrocket | Getty Images Check out the companies making headlines in after-hours trading. Amazon — The e-commerce giant popped more than 7% in extended trading after posting strong second-quarter results and issuing upbeat revenue guidance for the current period. Amazon reported earnings of 65 cents a share, ahead of the 35 cents […]
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Apple earnings stay updates: What analysts are hunting for
Apple CEO Tim Cook dinner future to Apple’s new Vision Professional virtual actuality headset, at the Apple Park campus in Cupertino, California, on June 5, 2023. Josh Edelson | Afp | Getty Pictures Apple is predicted to post its 3rd consecutive year-in excess of-12 months drop in quarterly profits on Thursday, in accordance to FactSet […]
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Qualcomm inventory drops 9% as cellphone chip gross sales dive
Amon Cristiano, CEO of Qualcomm, talking on Squawk Box at the WEF in Davos, Switzerland on Jan. 17th, 2023. Adam Galica | CNBC Shares of Qualcomm fell about 9% in pre-market trading Thursday, a working day after the chipmaker reported weaker-than-expected quarterly income and steerage as it continues to see declining gross sales for smartphone […]
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