Dividends
AbbVie’s mixed quarter doesn’t warrant a 5% stock drop. Here’s why
It wasn’t a clean quarter from AbbVie but Friday’s selloff is a bit confusing. Source
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Chevron, Exxon post record quarterly profits as commodity prices boom
A floorhand operates a Chevron oil drilling rig near Taft, California. Chip Chipman | Bloomberg | Getty Images Exxon and Chevron posted record profits during the second quarter of 2022 as high commodity prices boost operations, and as the oil giants keep their spending in check. Chevron reported earnings of $11.62 billion during the three-month […]
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Apple’s iPhone sales are creating a strong ‘moat’ for the tech giant, analysts say
The iPhone is still king at Apple. Analysts cheered the company’s latest quarterly results which came in above consensus expectations, thanks in large part to the company’s strong iPhone sales. Apple reported $40.7 billion in iPhone sales in the June quarter, above consensus and up nearly 3% on the year. Several analysts noted that Apple’s […]
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Here’s what to expect ahead of Apple earnings after April’s supply-constraint warning
We remain cautiously optimistic heading into Apple’s fiscal third-quarter earnings, which will be released after the closing bell Thursday. Source
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Ford’s great quarter, dividend hike are why we’re willing to weather a tough year for the stock
This was a strong quarter for Ford, demonstrating the company’s ability to execute. Source
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Apple’s earnings will give a peek into the mindset of the high-end consumer
Tim Cook, chief executive officer of Apple Inc., speaks during the Apple Worldwide Developers Conference at Apple Park campus in Cupertino, California, US, on Monday, June 6, 2022. David Paul Morris | Bloomberg | Getty Images Apple reports earnings on Thursday for the quarter ended in June. The third quarter of Apple’s fiscal year is […]
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Domino’s earnings miss expectations as pizza chain cites tough labor market, higher costs
An employee places a cooked pizza into a delivery box inside a Domino’s Pizza Group Plc store. Jason Alden | Bloomberg | Getty Images Domino’s Pizza on Thursday reported mixed quarterly results as the pizza chain struggled with higher costs and an ongoing shortage of delivery drivers. The Ann Arbor, Michigan-based company also said it’s […]
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Investors have put $43 billion in dividend-paying funds this year. Before you ‘chase dividends,’ here’s what to know
With increased fears of a possible recession, investors seeking steady income may turn to stocks paying quarterly dividends, which are part of company profits sent back to investors. Historically, dividends have significantly contributed to an asset’s total return, sometimes providing a boost during economic downturns. From 1973 to 2021, companies paying dividends earned a 9.6% […]
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Stocks making the biggest moves in the premarket: IBM, NCR, Cinemark and more
Take a look at some of the biggest movers in the premarket: IBM (IBM) – IBM slid 5.9% in premarket action despite beating top and bottom line estimates for the second quarter. IBM warned of a $3.5 billion impact to earnings because of the strong U.S. dollar. NCR (NCR) – NCR surged 11.5% in the […]
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Stocks making the biggest moves midday: JPMorgan Chase, Goldman Sachs, Conagra Brands and more
Pedestrians pass in front of a JPMorgan & Chase bank branch automated teller machine (ATM) kiosk in downtown Chicago, Illinois. Christopher Dilts | Bloomberg | Getty Images Check out the companies making headlines in midday trading. JPMorgan Chase – Shares of JPMorgan Chase sunk 3.49% and hit a 52-week low after the bank reported quarterly […]
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