Summary: National Pension Service increased its stake in Texas Instruments by 2.0% during the 4th quarter, with other institutional investors also adding to their holdings. Analysts have set new price targets for Texas Instruments stock, with a consensus rating of 'Hold' and an average target price of $180.74. Texas Instruments reported earnings per share of $1.20 for the quarter, exceeding analysts' expectations, and the company declared a quarterly dividend of $1.30 per share.
Full articleSummary: National Pension Service increased its holdings in Bristol-Myers Squibb by 2.2% in the fourth quarter, owning 0.18% of the company's stock, while several other institutional investors also bought shares. Wall Street analysts have mixed ratings on BMY stock with an average price target of $60.00. Bristol-Myers Squibb's stock price went up by 0.4% and the company reported positive earnings results for the quarter, beating estimates.
Full articleSummary: Drake's endorsement with Nike is suffering due to backlash from recent rap beef with Kendrick Lamar, as his signature shoe NOCTA Hot Step II failed to sell out and received over 1 million dislikes on his latest response record.
Full articleSummary: Costco offers an online-only promotion called Costco Direct where members can save money on big-ticket items by purchasing multiple eligible items with discounts ranging from $100 to $400 based on the number of items bought. Members can mix and match items for even greater savings.
Full articleSummary: Companies are adopting edge-to-cloud solutions to serve customers faster, reduce costs, and improve operational efficiency. This approach combines the scalability of cloud instances with low-latency edge devices for tasks like AI model training and data processing. Various industries such as manufacturing, agriculture, sports scouting, and healthcare are benefiting from these solutions.
Full articleSummary: National Pension Service raised its stake in Amgen Inc. during the 4th quarter, while several other hedge funds also increased their holdings. Analysts have set new price targets for AMGN, with a consensus rating of 'Moderate Buy'. Amgen's latest quarterly earnings beat estimates, and the company announced a quarterly dividend.
Full articleSummary: National Pension Service increased its stake in Caterpillar Inc. by 2.3% during the 4th quarter, with other institutional investors also buying shares. Caterpillar also announced a quarterly dividend and reported strong earnings results. Wall Street analysts have provided mixed ratings for the stock.
Full articleSummary: Townsend & Associates Inc increased its position in Booking Holdings Inc. by 73.7% during the 4th quarter, with the fund owning 3,739 shares worth $13,074,000. Insider selling activity was reported, with Director Radakovich Lynn Vojvodich and CEO Glenn D. Fogel selling shares. Wall Street analysts have given mostly positive ratings to Booking, with an average target price of $3,876.96.
Full articleSummary: Zacks Research lowered their Q2 2024 earnings per share estimates for PepsiCo. Several analysts have given buy ratings to the company's stock. PepsiCo increased its dividend.
Full articleSummary: Intuit Inc. has received a 'Moderate Buy' consensus recommendation from twenty-two brokerages with an average 1 year target price of $650.23. Recent research analysts have issued various positive ratings and price target upgrades for the stock.
Full articleSummary: International Assets Investment Management LLC significantly increased its position in BlackRock TCP Capital Corp. during the fourth quarter, by acquiring over 1,000% more shares, reaching a total of 411,978 shares valued at $4,754,000. Several other hedge funds also added or sold shares of the company recently. Additionally, various research analysts have provided mixed ratings for BlackRock TCP Capital, with a consensus rating of 'Hold' and a price target of $11.00. The company reported meeting the consensus EPS estimate for the quarter and announced a quarterly dividend yielding 12.84%.
Full articleSummary: National Pension Service increased its holdings in Intuit Inc. by 2.6% in the 4th quarter, with other institutional investors also adding shares. Insiders have been selling Intuit stock with the latest transactions reported. Wall Street analysts have maintained a positive outlook on Intuit, with increased target prices and buy ratings.
Full articleSummary: HubSpot reported first-quarter earnings and revenue beating analyst estimates while its outlook was mixed. Talks of acquisition by Google-parent Alphabet added volatility to HubSpot stock. HubSpot's earnings rose 40% to $1.68 a share and revenue climbed 23% to $617.4 million.
Full articleSummary: PepsiCo (PEP) closed higher in the latest trading session, outperforming the S&P 500. Analysts expect growth in earnings and revenue for PEP in the upcoming period. Recent estimate revisions and the Zacks Rank provide insight into the company's future performance.
Full articleSummary: Microsoft and LinkedIn released their 2024 Work Trend Index report revealing a significant increase in AI utilization in the workplace, with AI skills becoming essential for job applicants.
Full articleSummary: Townsend & Associates Inc increased its position in RTX Co. by 68.9% during the fourth quarter, owning 165,674 shares worth $14,826,000. Analysts have issued various ratings on the stock, with an average target price of $96.93. Insider activity includes recent sales of company stock. RTX stock is currently trading at $105.30, showing a 1.3% increase. The company also announced an increased quarterly dividend of $0.63.
Full articleSummary: E Fund Management Co. Ltd. significantly increased its holdings in Danaher Co. by 276.8% in the 4th quarter, as per its latest SEC disclosure. Other hedge funds have also made modifications to their holdings in Danaher. Analysts have set new price targets for Danaher, with the company receiving a consensus rating of 'Moderate Buy'. Insiders at Danaher have been involved in buying and selling activities recently.
Full articleSummary: Coca-Cola appoints Carlos Pagoaga as the new head of the Coca-Cola Foundation, replacing Saadia.
Full articleSummary: Medtronic plc will report financial results for its fourth quarter and full fiscal year 2024 on Thursday, May 23, 2024. It will also host a video webcast to discuss the results.
Full articleSummary: Caterpillar (NYSE: CAT) stock received a price target upgrade to $345 from $295 with a buy rating, affirming a bullish case based on potential revenue growth and market trends.
Full articleSummary: Tesla faces new allegations from a U.S. labor agency for discouraging union organizing at a Buffalo plant by banning personal technology use, recording, and sharing content. The case will be heard by an administrative judge in July.
Full articleSummary: Starbucks reopens after renovations in Grapevine
Full articleSummary: CVS Health continues to focus on prevention efforts to help avoid substance misuse and its related consequences by providing education and resources to communities through various programs and initiatives.
Full articleSummary: A Boeing 737-300 plane carrying 85 people skidded off a runway at the airport in Senegal’s capital, injuring 10 people. The incident has raised scrutiny of Boeing to the highest level since previous crashes involving Boeing 737 Max jets. The company has been under intense pressure to address safety concerns and fix quality problems in manufacturing planes.
Full articleSummary: Honeywell International Inc. (NASDAQ:HON) has received an average rating of "Hold" from six analysts, with one sell, three hold, and two buy recommendations. The average 12-month price target is $215.71. The company's recent earnings report showed positive results, beating EPS estimates and with increased revenue. Additionally, Honeywell announced a quarterly dividend of $1.08 per share.
Full articleSummary: Caterpillar(NYSE: CAT) stock received an upgrade with a price target of $345 from $295 and a buy rating, affirming the bullish case for the stock.
Full articleSummary: Northland Power Inc.'s price-to-sales (P/S) ratio is in line with the industry average but its revenue growth has been lackluster, which may concern existing shareholders and potential investors.
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