Summary: Capital One Financial analysts cut their earnings estimates for Immunocore for Q2 2024, as well as full-year earnings forecasts, expecting lower performance than previously anticipated. Despite this, various research firms have recently maintained a positive outlook on Immunocore stock, with a 'Moderate Buy' consensus rating and an average price target of $81.85.
Full articleSummary: Innovative Solutions & Support (IS&S) reported a 46% increase in second-quarter revenues and net income growth. The integration of Honeywell acquisitions is progressing with delays affecting margins and revenues. Increased research and development activities and international expansion are enhancing the company's outlook.
Full articleSummary: Envestnet Portfolio Solutions Inc. decreased its position in Texas Instruments Incorporated by 12.0% during the fourth quarter. Chairman Richard K. Templeton sold significant shares of the company recently. Several equities analysts have a mixed outlook on Texas Instruments.
Full articleSummary: Rory McIlroy wins his fourth career Wells Fargo Championship with a final-round charge, securing his 26th PGA Tour crown, increasing momentum ahead of the PGA Championship next week.
Full articleSummary: Principal Financial Group Inc. reduced its position in Honeywell International Inc. by 1.3% in the 4th quarter. Other institutional investors have also bought and sold shares. CFO of Honeywell International sold 25,209 shares of the company's stock. Several brokerages issued reports on HON, with average price target of $215.71. Company has announced a quarterly dividend.
Full articleSummary: Principal Financial Group Inc. reduced its holdings in Booking Holdings Inc. by 3.7% in the fourth quarter, leading to a decreased ownership of 39,969 shares worth $141,779,000. Various other institutional investors made changes to their positions as well. Several brokerages have issued positive reports and ratings on Booking.
Full articleSummary: Danaher Corporation's Executive Vice President and Chief Financial Officer, Matthew McGrew, sold a significant portion of his stock in the company through transactions involving over $11.7 million in sales and acquired shares through the exercise of options. These actions were disclosed in a Form 4 filing with the SEC.
Full articleSummary: Danaher Co. (NYSE:DHR) CFO sold 46,377 shares valued at $11,735,699.85. Stock traded down $1.76, reaching $251.62. Company announced a quarterly dividend of $0.27 per share.
Full articleSummary: Charles Schwab Investment Management Inc. increased its position in Match Group, Inc. (NASDAQ:MTCH) by 2.1% during the fourth quarter. Multiple hedge funds have also recently added to their stakes in the company. Match Group stock saw an increase of 0.9% and had positive quarterly earnings results.
Full articleSummary: North Growth Management Ltd. reduced its position in shares of FedEx Co. by 11.6% during the 4th quarter, while other institutional investors made changes to their positions. Census revealed that FedEx comprises about 2.1% of North Growth Management Ltd.'s portfolio. Several analyst reports on FedEx have been issued with price target upgrades and downgrades. Insider transactions at FedEx included selling of shares by CEO Sriram Krishnasamy and Chairman Frederick W. Smith. FedEx stock performance showed a trading volume increase with a $1.21 increase in stock price on Monday.
Full articleSummary: PepsiCo CEO sold shares, company trading up, increases dividend and institutional trading activity discussed. Analyst ratings changes also mentioned.
Full articleSummary: Comcast (NASDAQ:CMCSA) stock price increased by 0.6% on Monday and traded at $39.54. Analysts provided mixed ratings with various price targets, averaging $49.33. Comcast reported quarterly earnings results exceeding expectations and is expected to post 4.21 EPS for the current year.
Full articleSummary: France secures new jobs and investments from Amazon, Pfizer, and Morgan Stanley as President Macron hosts 'Choose France' event, attracting a total of €13bil (US$14bil) of foreign investment. Companies announce substantial investments and job creations in France.
Full articleSummary: Harvest US Bank Leaders Income ETF USD shares closed higher by 1.19 percent, with prices ranging from $13.62 to $13.65. The trading volume was lower than the average in the last five days. The ETF's investment objectives include monthly cash distributions and capital appreciation with lower volatility of portfolio returns.
Full articleSummary: Comcast (NASDAQ:CMCSA) had its price target cut by Macquarie from $43.00 to $40.00, analysts have mixed ratings with a consensus of 'Moderate Buy' and a price target of $49.33.
Full articleSummary: Rory McIlroy won the Wells Fargo Championship with an impressive performance at Quail Hollow Club, marking his fourth title at the event. He earned 700 FedExCup points and moved to No. 4 on the season-long FedExCup standings.
Full articleSummary: Salesforce CEO Marc Benioff sold a significant portion of his company stock in multiple transactions at increasing prices totaling approximately $4.1 million. The sales were conducted under a Rule 10b5-1 trading plan adopted by Benioff. Despite the sales, Benioff retains a substantial amount of Salesforce stock, and the company continues to be a leading entity in the prepackaged software industry.
Full articleSummary: Gilead Sciences Inc posted lower-than-expected fourth-quarter earnings due to a legal settlement and charge related to collaboration, with adjusted quarterly earnings at 69 cents per share compared to Wall Street's forecast of $1.60 per share. The company expects adjusted earnings of $6.20 to $6.70 per share for 2022, below Wall Street estimates.
Full articleSummary: Presidential candidate Robert F. Kennedy Jr. and American Values 2024 filed a lawsuit against Meta for censoring his biographical film 'Who Is Bobby Kennedy?', alleging election interference. The lawsuit seeks compensatory and punitive damages as well as an injunction against Meta's interference.
Full articleSummary: Texas Instruments had its price target increased by Citigroup from $167.00 to $185.00 with a 'neutral' rating. Several other analysts also provided their outlook on the stock, with varying ratings and price targets. Recent earnings report showed positive results, with a net margin of 35.16% and return on equity of 35.28%. Insiders have been actively selling shares of the company.
Full articleSummary: Citigroup raised Texas Instruments' target price from $167.00 to $185.00, indicating a potential downside of 1.50%. Several other research firms have also provided ratings and target prices for TXN, leading to a consensus rating of 'Hold' with a consensus target price of $180.60. The stock price of Texas Instruments increased by 0.4% following this news.
Full articleSummary: Ieq Capital LLC increased its holdings in shares of Philip Morris International Inc. by 22.3% during the 4th quarter, with several other hedge funds also adding to their position. Insiders have been actively selling shares, while Wall Street analysts have provided mixed ratings on the company. Additionally, Philip Morris International recently posted positive quarterly earnings and announced a quarterly dividend.
Full articleSummary: Zacks Research analysts raised Q2 2024 earnings per share estimates for Caterpillar, predicting $5.49 EPS for the quarter and a consensus estimate of $21.79 EPS for the full year. Caterpillar beat analysts' Q1 2019 EPS estimates and had a return on equity of 58.61% and a net margin of 16.79%. The company also announced a quarterly dividend of $1.30 per share.
Full articleSummary: Almanack Investment Partners LLC. lowered its position in Eli Lilly and Company by 63.4% in the fourth quarter, while a number of other large investors made changes to their positions. Several analysts have set new price targets for Eli Lilly and Company, with a majority giving the stock a buy rating. Eli Lilly and Company announced a quarterly dividend to be paid in June.
Full articleSummary: Barbara Furlow-Smiles, a former leader of diversity, equity, and inclusion at Facebook and Nike, was sentenced to more than five years in prison for stealing over $5 million from her ex-employers through fraudulent purchases using company credit cards. She will also have to pay back the stolen amount in full.
Full articleSummary: Loop, the leading returns and reverse logistics platform, now supports merchants on Salesforce Commerce Cloud, providing them with access to industry-leading returns management solution and benefits such as streamlined exchanges, reduced customer support costs, and access to top-notch customer experience teams.
Full articleSummary: Avantax Advisory Services Inc. increased its stake in Amgen Inc. by 7.0% in the 4th quarter, owning 55,964 shares worth $16,119,000. Other hedge funds also raised their stakes in Amgen recently. Amgen's stock traded down on Monday, reaching $308.45 with a market cap of $165.46 billion. The company reported earnings per share exceeding estimates and declared a quarterly dividend.
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