Dividends
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 […]
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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 […]
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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 […]
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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 […]
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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 […]
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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 […]
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Goldman names under-the-radar global stocks to obtain — and suggests just one could soar 80%
Goldman Sachs has named many European stocks to obtain that it expects to outperform the sector — and that other buyers could be missing. “Marketplaces have grappled with balancing development and inflation considerations [year to date],” the analysts led by John Sawtell stated in a July 10 investigation be aware. “From listed here, our strategists […]
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Levi Strauss shares drop after retailer slashes guidance on weak wholesale revenue
Levi Strauss on Thursday drastically cut its profit outlook for the year after the apparel retailer reported a steep drop off in wholesale revenues and soft sales in the U.S., its largest market. The blue jean seller saw bright spots, however, in its direct-to-consumer sales and China market. Shares dropped more than 6% in extended […]
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Walgreens slashes earnings guidance due to lower consumer spending, drop in Covid care demand
People make their way near a Walgreens pharmacy on March 09, 2023 in New York City. Leonardo Munoz | Corbis News | Getty Images Walgreens on Tuesday slashed its full-year earnings guidance as it fell short of Wall Street expectations for its fiscal third quarter due to lower consumer spending and a drop in demand […]
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