Dividends
Costco’s quarterly results indicate the retailer is thriving despite high inflation
Costco shares were trading lower after-hours in reaction to the slight quarterly beats, but that’s typical. Source
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What to expect when Costco reports earnings after the closing bell Thursday
Retail powerhouse Costco, which is set to release strong fiscal fourth-quarter results on Thursday, remains a top Club pick. Source
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Olive Garden parent Darden stands by outlook after mixed quarterly results
An order of breadsticks from a Darden Restaurants Inc. Olive Garden Getty Images Darden Restaurants on Thursday reported mixed quarterly results but still reiterated its outlook for fiscal 2023. The parent company of Olive Garden and LongHorn Steakhouse said net sales for the quarter rose 6.1% to $2.45 billion, which was lighter than Wall Street’s expectations. […]
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UBS to strengthen dividend, sees buybacks previously mentioned 2022 target
FABRICE COFFRINI | AFP | Getty Images UBS Team designs to maximize its dividend by 10% to $.55 for each share and expects its 2022 share repurchases to exceed $5 billion, the Swiss bank explained on Tuesday. “UBS will alter its accrual for the 2022 ordinary dividend from $.51 to $.55 for every share – […]
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Goldman’s 4-portion plan for inventory traders the rest of the 12 months
For investors struggling to navigate the difficult marketplace in the face of slowing advancement and larger curiosity prices, Goldman Sachs came up with a match approach for the rest of 2022. David Kostin, Goldman’s head of U.S. equity system, in a Friday be aware to shoppers broke down four tactics to push general performance for […]
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Stocks making the biggest moves premarket: GameStop, American Eagle Outfitters, Asana and more
GameStop — GameStop surged 9.2% before the bell despite sharing a widening quarterly loss and declining sales. The video game retailer also announced a partnership with crypto exchange FTX. GameStop’s results could not be compared since few analysts cover the company. Asana — Asana’s stock surged 19% in the premarket following a beat on the top […]
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These are Wall Street’s favorite defensive shares amid September’s status for sector losses
The U.S. stock sector has dropped for 3 straight weeks , with even a stable positions report on Friday failing to end an afternoon slide ahead of a holiday getaway weekend, and now Wall Street is hitting it weakest seasonal period. The summer months rally is speedily slipping absent, as traders wrestle to find a […]
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Lululemon boosts outlook as earnings and sales easily beat expectations
Pedestrians pass by a Lululemon store. Scott Mlyn | CNBC Lululemon Athletica Inc. on Thursday reported quarterly earnings and revenue that beat analysts’ expectations, as shoppers stocked up on workout gear even as surging prices have hurt other retailers’ apparel sales. Shares of the company were up around 8% in after hours trading. Here’s what […]
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Stocks making the biggest moves midday: Bed Bath & Beyond, Express, Snap, Rocket Lab and more
Check out the companies making headlines in midday trading. Bed Bath & Beyond — Shares of the beleaguered retailer tumbled 19.8% after it outlined a strategic plan that only confirmed investor fears that the company will struggle to turn around its business. Bed Bath also filed to sell an undisclosed amount of stock in the […]
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Stocks generating the biggest moves following hrs: Ulta Magnificence, Hole, Affirm, Marvell Technology and additional
Pedestrians wander previous a Gap Inc. retailer in Shanghai, China. Qilai Shen | Bloomberg | Getty Visuals Verify out the providers making headlines in extended buying and selling. Affirm — The purchase-now-spend-afterwards darling’s shares slid nearly 14% right after hrs when it described a more substantial-than-predicted quarterly decline of 65 cents per share, according to […]
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