Summary: Zacks Research raised Union Pacific's Q2 2024 earnings estimates. Several analysts upgraded the stock with price target increases and buy ratings. Institutional investors have been increasing their holdings, and a dividend was announced.
Full articleSummary: McDonald's is making a substantial investment in digital marketing by reallocating funds from traditional media to enhance customer experience through digital innovations, aiming to drive sales growth and maintain market leadership.
Full articleSummary: Chevron (NYSE: CVX) received multiple ratings updates from different brokerages and research firms with varying price targets and ratings on its stock.
Full articleSummary: NICE has backed Pfizer's Vyndaqel for treatment of ATTR-CM, making it available via the Innovative Medicines Fund and to switch to routine NHS funding later; NICE's decision ends unequal access to the drug in the UK; Australia also opts to cover Pfizer's Vyndamax for ATTR-CM and Bristol-Myers Squibb's Camzyos for HCM under Pharmaceutical Benefits Scheme.
Full articleSummary: Rory McIlroy won the Wells Fargo Championship by five shots over Schauffele after firing off a 6-under 65 and delivering an eagle on the 15th hole. This marked his fourth win in Charlotte and second consecutive PGA Tour victory.
Full articleSummary: Apple Store workers at Towson Town Center have authorized a strike after unsatisfactory negotiations with Apple management regarding work-life balance, scheduling practices, and wages.
Full articleSummary: Ford's control Supercars engine program secures a big win with recruiting industry veteran Ryan Medew, who has extensive experience in the field.
Full articleSummary: Arm, a subsidiary of SoftBank Group, plans to launch artificial intelligence chips by next year, aiming for mass production by the fall of 2025. The company is discussing with contract manufacturers like TSMC for production. Arm's shares have risen around 45% this year.
Full articleSummary: Thermo Fisher Scientific is set to acquire healthcare data provider CorEvitas for $912.5 million in cash to enhance its services offered to pharmaceutical clients. The acquisition is expected to boost Thermo Fisher's annual adjusted earnings per share and provide significant revenue potential for the company in 2023.
Full articleSummary: Partnership Wealth Management LLC acquired a new stake in Colgate-Palmolive during the 4th quarter. Several other hedge funds and institutional investors also bought shares of the company. Colgate-Palmolive's stock traded up, its earnings beat estimates, and the company increased its dividend. Analysts set new price targets on the stock.
Full articleSummary: Cardinal Health Inc (CAH) and CVS Health Corp (CVS) are top rated Health Care stocks according to Validea's Earnings Yield Investor model based on Joel Greenblatt. Both companies are large-cap players in their respective industries and have ratings above 70%. The strategy based on Joel Greenblatt indicates some interest in these stocks.
Full articleSummary: Bank of America reported slightly lower profits in the second quarter but exceeded analysts' expectations. However, mounting credit problems may overshadow this positive news.
Full articleSummary: Disney announced the opening of a new attraction based on 'The Princess and the Frog' movie at Walt Disney World Resort, featuring music from the bayou and a 50-foot drop. The ride will also be available at Disneyland Park later this year. The re-themed attraction replaces 'Splash Mountain' to reflect the story of 'The Princess and the Frog'.
Full articleSummary: Comcast Corporation (NASDAQ:CMCSA) has seen significant price movements on NASDAQGS, with fluctuations between US$41.11 and US$33.98 over the past few months. The current trading price of US$35.92 raises questions about the stock's valuation and whether it is overvalued compared to industry peers.
Full articleSummary: Australia's government is expected to announce another surplus in its annual budget, boosted by strong employment and high commodity prices. The budget will include income tax cuts, energy rebates, tax incentives for domestic industries, and measures to cut costs for higher education.
Full articleSummary: Multiple insiders at Charles Schwab Corporation (NYSE:SCHW) have been offloading a significant amount of shares over the past year, raising concerns among investors. Insider selling can be perceived as a weak signal, but when numerous insiders are selling, shareholders may want to investigate further. Insiders have been selling more than buying, with no recent purchases recorded.
Full articleSummary: FOX has renewed hit quiz show 'The Floor,' hosted and produced by Rob Lowe, for two additional seasons in the upcoming 2024-2025 season. The first season was successful, marking FOX's most-watched Tuesday unscripted debut in over 13 years.
Full articleSummary: Caterpillar Inc. withdrew its earnings guidance for 2020 and suspended some operations due to economic uncertainty amid the coronavirus pandemic. The impact on operations and finances cannot be reasonably estimated at this time.
Full articleSummary: IBM and SAP announced an extended collaboration aimed at providing generative AI capabilities and industry-specific cloud solutions to help clients unlock business value, focusing on next-generation AI business processes, industry innovation, platform architecture, and ecosystem expansion. The initiative builds upon their longstanding partnership and joint commitment to meeting market demand.
Full articleSummary: IBM announced IBM i 7.5 TR4 and 7.4 TR10 with various enhancements to Db2 for i and IBM i Services, including new aggregate functions, new SQL services, improved tools for audit journal entry types, special authority data mart, and enhancements to existing services.
Full articleSummary: The 15th annual Banking on Climate Chaos (BOCC) report reveals that the world’s top 60 banks financed fossil fuels with $6.9 trillion since the Paris Agreement in 2016, with $3.3 trillion directed towards fossil fuel expansion in 2023 alone. JP Morgan Chase is noted as the #1 fossil fuel financier in the world, followed by banks like Mizuho and Citibank. The report highlights concerning trends in bank financing for climate-damaging activities such as tar sands extraction, ultra deepwater offshore drilling, and coal mining in sensitive biomes like the Amazon and Arctic.
Full articleSummary: The 15th annual Banking on Climate Chaos report reveals that the world's top 60 banks have financed fossil fuels with USD $6.9 trillion since the Paris Agreement, with major U.S. banks like JPMorgan Chase, Citi, and Bank of America being top financiers. The report exposes the continued financing of destructive fossil fuel projects by banks, with concerns over weak policies and lack of emissions reduction targets.
Full articleSummary: Former Meta worker Arturo Béjar blew the whistle on the company, claiming they are not doing enough to stop harmful content on social media platforms, leading to parental concerns and calls for Big Tech to take action. Police officers in Scotland received £3 million in overtime to attend court, with concerns raised about inefficiencies in the judicial system compared to England.
Full articleSummary: IBM i PTF Guide, Volume 26, Number 18 discusses new security vulnerabilities in IBM i stack and provides information on affected products. It also includes updates on PTF Groups for different releases, links added to the guide, and IBM Power S1012 announcement.
Full articleSummary: AMD is gradually gaining market share over Intel in server, desktop, and laptop markets. Mercury Research report indicates AMD's rising x86 client shipments and market shares in various sectors.
Full articleSummary: Pfizer and AstraZeneca announce new investments in France while China's inflation rises for the third straight month.
Full articleSummary: The Global Medical Adhesive Tapes Market is moving in the right direction according to a study released by HTF MI Research, evaluating market size, trends, and forecasts up to 2030. The market encompasses various adhesive products used in medical settings for applications such as wound care, surgical procedures, and bandaging. Major players in this market include 3M, Medtronic, and Nichiban.
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