Dividends
J&J’s strong quarter was amplified by new details around its big Kenvue consumer unit stake
Johnson & Johnson (JNJ) reported strong second – quarter profit and revenue before the opening bell Thursday, with better-than-expected results both domestically and internationally, as well as across all major operating segments. J & J’s second-quarter reported sales rose 6.3% year-over-year to $25.53 billion, exceeding the Refinitv consensus estimate of $24.63 billion. (On an adjusted […]
Read More
Stocks making the biggest moves midday: Netflix, American Airlines, Johnson & Johnson and more
In this article FDS Follow your favorite stocksCREATE FREE ACCOUNT Johnson & Johnson Covid-19 vaccines are seen on a table on May 7, 2021 in Los Angeles, California. Frederic J. Brown | AFP | Getty Images Check out the companies making headlines in midday trading. Netflix — Netflix dropped more than 8% after reporting mixed […]
Read More
American Airlines raises 2023 profit forecast after strong second quarter
Boeing 787-9 Dreamliner, from American Airlines company, taking off from Barcelona airport, in Barcelona on 24th February 2023. JanValls | Nurphoto | Getty Images American Airlines on Thursday raised its earnings outlook for 2023 after a strong start to the peak travel season, the latest airline to reap the rewards from the continued boom in […]
Read More
Kenvue earnings top estimates in J&J spinoff’s first quarterly report since IPO
Kenvue, a unit of Johnson & Johnson’s consumer health business. CFOTO | Future Publishing | Getty Images Kenvue reported second-quarter revenue and adjusted earnings that topped expectations Thursday in the consumer health company’s first quarterly report since it spun out from Johnson & Johnson two months ago. The company also issued an upbeat sales outlook […]
Read More
Johnson & Johnson beats on earnings, hikes full-year guidance as medtech sales surge
Johnson & Johnson on Thursday reported second-quarter revenue and adjusted earnings that topped Wall Street’s expectations, and lifted its full-year guidance as sales from the company’s medtech business jumped. The medtech division provides devices for surgeries, orthopedics and vision. The company is benefitting from a rebound in demand for non-urgent surgeries among older adults, who […]
Read More
Shares creating the biggest moves after hours: Netflix, Tesla, IBM and extra
The Tesla manufacturing facility in Tilburg, Netherlands. Jasper Juinen | Bloomberg | Getty Photos Look at out the organizations making headlines in prolonged trading. Netflix — The streaming giant’s shares tumbled extra than 5% immediately after posting its quarterly effects Wednesday soon after several hours. The corporation reported it was also early to assess the […]
Read More
These low-cost stocks spend harmless and higher dividends
Discovering stocks shelling out superior and safe dividend yields is finding harder as recession fears trigger organizations to hoard funds. The overall dividend payment for companies in the S & P 500 fell 2.3% in the second quarter from the prior time period, the 1st decline following seven quarters of document payouts, according to S […]
Read More
Stocks making the biggest moves midday: Carvana, Goldman Sachs, AT&T and more
A Carvana used car “vending machine” on May 11, 2022 in Miami, Florida. Joe Raedle | Getty Images Check out the companies making headlines in midday trading. Carvana — Shares soared nearly 30% after the used-car retailer reached a deal that will reduce its total outstanding debt by more than $1.2 billion. The agreement will […]
Read More
Novartis stock jumps after drugmaker raises full-year guidance, launches $15 billion buyback
Novartis said in August that it plans to spin off its generics unit Sandoz to sharpen its focus on its patented prescription medicines. Bloomberg | Bloomberg | Getty Images Novartis shares jumped on Tuesday after the Swiss drugmaker raised its full-year guidance on strong drug sales and announced a $15 billion share buyback. The company […]
Read More
PepsiCo beats earnings estimates, raises full-year outlook
Pepsi products at a convenience store in Crockett, California, US, on Friday, June 16, 2023. David Paul Morris | Bloomberg | Getty Images PepsiCo on Thursday reported quarterly earnings and revenue that topped analysts’ expectations and raised its full-year outlook. Shares of the company rose more than 2% in premarket trading. Here’s what the company reported compared […]
Read More