Summary: Rory McIlroy wins the Wells Fargo Championship for the fourth time with a dominating performance, finishing at 17-under 267 and gaining momentum for the PGA Championship. Xander Schauffele finishes second.
Full articleSummary: Kraft Heinz is reportedly looking to sell its Oscar Mayer brand in a deal valued between $3 billion and $5 billion, according to the Wall Street Journal. Analysts are discussing the potential impact on Kraft Heinz's stock valuation.
Full articleSummary: General Dynamics VP sold shares, trading down 0.9%, increased dividend, hedge funds changes in positions, analyst ratings changes.
Full articleSummary: Integra LifeSciences Holdings Corporation announced that their CFO will present at the 2024 Bank of America Healthcare conference on May 14, 2024.
Full articleSummary: The Dow Jones breaks winning streak, while S&P 500 and Nasdaq close with minimal changes. Meme stocks like GameStop and AMC Entertainment rally after post by Roaring Kitty on X (formerly Twitter).
Full articleSummary: Starbucks almost had a different name before settling on its current name inspired by a mining camp and a character from Moby-Dick. The initial proposed name 'Pequod' was voted down due to concerns about its appeal.
Full articleSummary: Pfizer Inc. is following Eli Lilly's lead by introducing a direct-to-consumer medicines platform called 'Pfizer for All' to provide medical information, mail-order pharmacy, and telehealth services to US patients.
Full articleSummary: Pfizer is following Eli Lilly's footsteps by introducing a direct-to-consumer medicines platform named "Pfizer for All" in the US, offering medical information, mail-order pharmacy, and telehealth services. This initiative aims to cater to diverse healthcare needs by including various medications like Paxlovid and diagnostic kits.
Full articleSummary: Integra LifeSciences Holdings Corporation announced that Lea Knight, CFO, will present at the 2024 Bank of America Healthcare conference. A live webcast of the presentation will be available on their investor relations website.
Full articleSummary: Costco has launched a member-exclusive weight-loss program with Sesame, offering access to prescriptions like Ozempic and Wegovy for qualifying individuals. The program includes clinical consultation, personalized treatment plans, and medication options.
Full articleSummary: Salesforce has released new trusted AI and data solutions to bridge the AI trust gap in Singapore and ASEAN, aiming to enhance AI adoption among workers and accelerate enterprise AI adoption. The Zero Copy Partner Network launched by Salesforce further facilitates this solution.
Full articleSummary: PepsiCo's CEO of Beverages North America sold a significant portion of his holdings in the company, adjusting his direct and derivative holdings. The transaction is closely monitored by investors seeking insights into the company's performance and executive confidence.
Full articleSummary: Cisco International will provide technical support to irrigate 500,000 farmlands in Nigeria using digital technology solutions as part of a memorandum of understanding with the National Information Technology Development Agency. The partnership aims to boost agricultural productivity, food security, job creation, and empowerment of citizens.
Full articleSummary: Integra LifeSciences Holdings Corporation will present at the 2024 Bank of America Healthcare conference on May 14, 2024.
Full articleSummary: Bristol Myers Squibb hired Ted Danson for a campaign to promote its plaque psoriasis treatment Sotyktu, aiming to increase sales of the drug. The company expected $10 billion in sales of new drugs like Sotyktu in 2026 rather than in 2025.
Full articleSummary: Armstrong World Industries announced that their President, CEO, and CFO will be attending the Bank of America Transportation, Airlines and Industrials Conference in New York City on May 15, 2024, where an updated Investor Presentation will be published. Armstrong is a leader in innovative ceiling and wall system solutions in the Americas.
Full articleSummary: Charles Schwab Investment Management Inc. increased their holdings in Applied Industrial Technologies by 2.0% in the 4th quarter, owning approximately 1.45% of the company's stock worth $96,540,000. FMR LLC, Premier Fund Managers Ltd, Invesco Ltd., Allspring Global Investments Holdings LLC, and Federed Hermes Inc. also raised their stakes in AIT. Various analysts have rated the stock as a 'Buy' with a consensus target price of $201.00. Applied Industrial Technologies reported quarterly earnings that beat estimates and announced a dividend of $0.37 per share.
Full articleSummary: KULR Technology Group, Inc. launches the KULR Online Marketplace featuring their Safe-X product line of SafeCASE and SafeSLEEVE, receives approval from the United States Department of Transportation (DoT) for transportation, and partners with Safeware for distribution. The launch marks a pivotal expansion in KULR's sales strategy, offering a direct order facility in addition to traditional distribution channels.
Full articleSummary: Proxy firm ISS recommends Hess Corp. investors abstain from voting on $53 billion Chevron acquisition due to concerns about valuation, process, and ongoing arbitration with Exxon Mobil. Shares of both companies declined.
Full articleSummary: Zacks Research issued earnings estimates for Bristol-Myers Squibb for FY2024 and beyond. Several brokerages shared their ratings and price targets on BMY stock. Bristol-Myers Squibb recently reported quarterly earnings beating analysts' estimates.
Full articleSummary: The DULT standard aims to prevent misuse of Bluetooth trackers like Apple AirTags to track people without their knowledge. Apple added anti-tracking features retroactively to its AirTags, and Google implemented DULT in Android to enhance protection.
Full articleSummary: Protesters clash with police near Tesla's Grünheide plant in Germany over expansion plans, causing disruptions and damages to nearby facilities.
Full articleSummary: Vanguard and BlackRock increased their stakes in MicroStrategy (MSTR) holdings significantly in Q1. MicroStrategy also bought $1.65 billion in BTC, raising its total Bitcoin holdings to 214,400 BTC. Various other companies also invested in MSTR, with at least 750 firms holding stakes. Traditional finance institutions are investing in spot Bitcoin ETFs, with notable investments from firms like UBS, JP Morgan, and Envestnet.
Full articleSummary: Apple releases tvOS 17.5 update with minor improvements and bug fixes.
Full articleSummary: MetLife, Inc. will hold an investor conference in New York City featuring senior management team members on December 12, 2024.
Full articleSummary: The utilities sector is poised to benefit from the growth of artificial intelligence and data centers, with companies like The Williams Cos. (WMB), TC Energy, and Oneok (OKE) expected to capitalize on the trend.
Full articleSummary: Home Depot is expected to report a decline in first-quarter revenue but beat EPS estimates. Analysts are positive on the company's potential for share gains and gross margin expansion in 2024. Key items to watch include the performance of the home improvement market, growth in professional sales, and developments in smart home technologies and artificial intelligence.
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