Summary: The Walt Disney World specialty license plate is now available in Florida, with proceeds directly benefiting Make-A-Wish Central and Northern Florida, helping grant wishes for children facing critical illnesses. Over $2 million has been raised for Make-A-Wish through these license plate sales.
Full articleSummary: Ford is reportedly losing $150,000 on every EV it sells globally, resulting in $1.3 billion in losses within its Model e division for the first quarter of 2024, despite an 86% increase in EV sales.
Full articleSummary: Principal Financial Group Inc. decreased its position in Gilead Sciences by 13.1% during the 4th quarter. Other large investors have also made moves with Gilead Sciences stock. Insider activity includes an insider selling shares. Gilead Sciences reported earnings exceeding expectations in the last quarter and announced a quarterly dividend. Several analyst rating changes have occurred recently.
Full articleSummary: The article discusses the institutional ownership of Citigroup (NYSE:C), with institutions owning 70% of the company's shares, indicating significant influence on stock price. The top 25 shareholders own 44% of the company, and the general public holds a 27% stake. Analyst forecasts combined with ownership data provide insights into the company's prospects.
Full articleSummary: Apple has launched new iPad Pro models with the latest M4 chip and OLED display, starting at $999 with new add-on accessories. The software remains a limiting factor, as iPadOS needs to catch up to the hardware advancements.
Full articleSummary: Union leaders and U.S. lawmakers criticize Boeing's lockout of unionized firefighters, urging the planemaker to reach a contract deal that is fairer to the workers. Boeing stated that their contract offer to increase firefighters' average take-home pay from $91,000 to $112,000 in the first year remains on the table.
Full articleSummary: Supercomputing sites in Germany, Japan, and Poland are integrating Nvidia's open-source platform to incorporate quantum processing units (QPUs) and classical processors as a single system.
Full articleSummary: McDonald's is reportedly planning to offer a $5 meal deal to attract more customers, but there are no immediate plans to bring it to Arizona.
Full articleSummary: Principal Financial Group Inc. increased its stake in Union Pacific Co. by 0.2% during the fourth quarter. Several other hedge funds also adjusted their positions in UNP. Insider Elizabeth F. Whited sold 3,750 shares. The company reported better-than-expected earnings in the last quarter and announced a quarterly dividend. Wall Street analysts have mostly positive ratings on UNP, with a consensus target price of $259.61.
Full articleSummary: Costco shoppers are known for spending an average of $250 per month on Costco products, making good use of their club cards and showing commitment towards the wholesale club. Costco is currently focusing on lowering prices and bringing more Costco Next products to customers.
Full articleSummary: UPS announced its agreement to acquire Coyote Logistics, a Chicago-based logistics firm, for about $1.8 billion. The acquisition is expected to add to UPS's earnings by 2016 and enhance its supply chain capabilities during peak seasons.
Full articleSummary: Citigroup (C) closed at $50.85 in the latest trading session with a -1.55% move from the prior day. Analysts are expecting earnings of $3.22 per share and revenue of $74.50 billion for the full year, marking changes of -57.52% and +0.29%, respectively, from last year. C is currently sporting a Zacks Rank of #4 (Sell).
Full articleSummary: Salesforce.com (CRM) stock's recent performance, including a +0.31% shift, outperforming S&P 500. Earnings report set for May 29, 2024, projecting growth in earnings and revenue. Zacks Rank currently at #2 (Buy). Valuation metrics show potential for positive outlook.
Full articleSummary: Dow Jones futures rose slightly early Monday along with S&P 500 futures. Major indexes at near record highs. Several key tech stocks in focus after various developments.
Full articleSummary: Apple and Google have developed an industry standard called Detecting Unwanted Location Trackers to alert iOS and Android users about potentially unwanted Bluetooth trackers. Several companies are already on board with making their future Bluetooth tags compatible with this new standard.
Full articleSummary: Medtronic (MDT) closed at $83.52 with a +0.82% move from the previous day, outperforming S&P 500 and with upcoming earnings report expected on May 23, 2024, revenue projected to be $8.44 billion, and current Zacks Rank of #4 (Sell).
Full articleSummary: Lowe's (LOW) closed slightly down by -0.87% in the latest trading session, with upcoming projected EPS of $2.94 showing a 19.89% drop compared to the same quarter of the previous year. The stock currently holds a Zacks Rank of #4 (Sell).
Full articleSummary: Nike's stock saw a slight increase compared to the previous day and has outperformed the Consumer Discretionary sector but lagged behind the S&P 500's gain. Analysts project a positive EPS and revenue growth for the company, however, it currently holds a Zacks Rank of #3 (Hold). Nike is trading at a premium valuation with a Forward P/E ratio of 24.38 and a PEG ratio of 1.75. The Shoes and Retail Apparel industry, to which Nike belongs, is ranked in the top 27% of all industries.
Full articleSummary: Deere (DE) reported strong revenue growth of 33.7% and impressive EPS of $6.55 for the quarter ended January 2023, surpassing Wall Street expectations. The company outperformed in various key metrics across its Equipment Operations segment.
Full articleSummary: General Electric (NYSE:GE) stock price fell 1.6% during mid-day trading on Monday. Analysts have mixed ratings on GE with a majority giving it a buy rating. GE recently reported higher-than-expected quarterly earnings.
Full articleSummary: United Parcel Service (UPS) shares increased by 1.3% during trading as analysts set new price targets with varying recommendations for the company. UPS reported quarterly earnings that exceeded expectations, and the company also announced a quarterly dividend.
Full articleSummary: Limited-time Microsoft Office deal at StackSocial offers Microsoft Office Professional Plus 2019 license for $25 with a discount of 89%. Mac users get Office Home & Business 2019, while Windows users get Professional Plus version.
Full articleSummary: Charles Schwab Investment Management Inc. increased its position in APA Co. by 3.5% in the fourth quarter, owning 2,619,374 shares worth $93,983,000. Multiple other institutional investors also made changes to their positions. APA stock traded down 0.6% on Monday to $30.20. Wall Street analysts have mixed opinions on APA, with an average target price of $42.30.
Full articleSummary: Alphabet Inc. (NASDAQ:GOOG) director John L. Hennessy sold over $250,000 worth of shares in the company through a trust on May 13, 2024. The transactions involved Class C Capital Stock at prices ranging from $165.90 to $170.03 per share. These sales were part of regular transactions reported by corporate insiders, offering insights for investors.
Full articleSummary: Principal Financial Group Inc. reduced its stake in Intuit Inc. during the fourth quarter. Several other institutional investors also made changes to their positions in INTU. Insiders of Intuit have recently sold company stock. Analysts have provided various ratings and target prices for INTU.
Full articleSummary: Loop, a returns and reverse logistics platform, now supports merchants on Salesforce Commerce Cloud in addition to Shopify. This expansion aims to provide enterprise merchants with an industry-leading returns management solution, optimizing reverse logistics and improving customer experience.
Full articleSummary: Principal Securities Inc. acquired a new position in The Bank of New York Mellon Co. and several other hedge funds also made changes to their positions in the 4th quarter. Insiders have sold a total of $6,475,216 worth of company stock in the last 90 days. Bank of New York Mellon reported positive earnings results for the quarter, surpassing the consensus estimate, and also announced a quarterly dividend.
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