Summary: Warren Buffett considering buying Boeing despite its recent challenges such as the 737 Max crashes, financial struggles, and executive shakeup, due to Boeing's huge demand for aircraft, potential cash generation, and the belief in American manufacturing and global growth.
Full articleSummary: Barclays raised price objective of Colgate-Palmolive from $84.00 to $85.00 with an equal weight rating on the stock. Company's average rating is Moderate Buy with an average price target of $91.44.
Full articleSummary: Simon Property Group, Inc. (SPG) has received a moderate buy rating from analysts, with an average 1-year price target of $140.22. The company has announced an increase in its quarterly dividend and a stock repurchase plan. Hedge funds and institutional investors have shown interest in Simon Property Group as well.
Full articleSummary: X, formerly Twitter, is now using Elon Musk’s AI chatbot Grok to power a feature that summarizes trending stories on the app for Premium subscribers. The move is part of an effort to enhance user experience and offer real-time access to X data through Grok's exclusive capabilities.
Full articleSummary: BNY Mellon High Yield Strategies Fund (NYSE:DHF) passed above its fifty-day moving average during trading on Friday. The stock traded as high as $2.36 and last traded at $2.35 with a volume of 679,151 shares trading hands. The company also announced a monthly dividend of $0.0175.
Full articleSummary: Vistra (VST) will join the S&P 500 index, replacing Pioneer Natural Resources (PXD) which is being acquired by Exxon Mobil (XOM). Marathon Digital (MARA) will drop to the S&P SmallCap 600 and AAON (AAON) will move up to the S&P MidCap 400 index.
Full articleSummary: Gilead Sciences had its price target trimmed by Maxim Group to $85.00 with a buy rating, and various other analysts provided mixed ratings on the stock. The company reported positive earnings results, beating EPS estimates and increasing revenue. Additionally, a quarterly dividend was declared. Insiders have been selling shares, while institutional investors have been adjusting their positions in the company.
Full articleSummary: Bank of America lowered GE HealthCare Technologies' target price from $94.00 to $86.00, giving the stock a neutral rating. Several other analysts have issued varying ratings and price targets for the company. GE HealthCare Technologies recently reported $0.90 EPS for the quarter, meeting the consensus estimate.
Full articleSummary: Climate activists in Albany demand big banks to stop funding fossil fuel projects, particularly targeting Chase Bank, TD Bank, and Bank of America. State Comptroller of New York announces restriction of funding for eight oil and gas companies determined to be not transition-ready. Activists call for no new financing of new fossil fuel projects to accelerate the shift towards renewable energy.
Full articleSummary: Nvidia stock has delivered phenomenal gains driven by its dominant position in the AI chip market. Analysts expect Nvidia to sustain its growth over the next five years with estimated earnings growth of over 35% annually.
Full articleSummary: Truist Financial Corp reduced its position in shares of Schwab U.S. Mid-Cap ETF by 0.6% in the fourth quarter. Multiple institutional investors also made adjustments to their holdings of SCHM. SCHM stock's price performance shows a 1 year low of $62.87 and a 1 year high of $81.74.
Full articleSummary: International Assets Investment Management LLC significantly increased its stake in FedEx Co. during the 4th quarter, along with several other large investors making modifications. FedEx announced a stock repurchase plan and a quarterly dividend. Insiders have been actively involved in selling company shares. Wall Street analysts have a 'Moderate Buy' rating on FedEx with an average price target of $301.33.
Full articleSummary: Kapstone Financial Advisors LLC decreased its stake in JPMorgan Chase & Co. by 39.1% during the fourth quarter, cutting 5,663 shares of the financial services provider's stock. Multiple institutional investors have also made adjustments to their positions in the company. Eight investment analysts have rated the stock with a hold rating and thirteen have issued a buy rating to the company. Insiders have been actively selling shares of JPMorgan Chase & Co. recently. JPMorgan Chase & Co.'s stock price decreased by 0.6%, with a current market capitalization of $547.08 billion. The company announced an increase in its quarterly dividend.
Full articleSummary: Citigroup (C) closed the most recent trading day at $51.41, moving -1.32% from the previous trading session. Analysts expect Citigroup to post earnings of $1.61 per share in the upcoming earnings report, down 43.31% from last year. Citigroup is currently a Zacks Rank #3 (Hold) with a Forward P/E ratio of 7.5, trading at a discount compared to the industry average.
Full articleSummary: Cisco has achieved ENERGY STAR certification for its Catalyst family switches, showcasing its commitment to sustainability and energy efficiency in the Large Network Equipment category. The company aims to innovate to reduce the IT footprint and promote circular design principles in its products.
Full articleSummary: Multiple insiders at Colgate-Palmolive Company (NYSE:CL) have been selling significant stakes in the company over the past year, including the Chairman selling shares below the current price. Insider transactions can provide mixed signals with regards to the company's valuation and future prospects.
Full articleSummary: Institutional investors own over 50% of Intuit Inc. (NASDAQ:INTU), with the top 24 shareholders holding 51% of the company, suggesting significant influence on trading decisions. Recent sales by insiders have also been noted, with board members collectively owning US$4.8b worth of shares.
Full articleSummary: Investors in Bristol-Myers Squibb Company (NYSE:BMY) have experienced disappointing returns, with the share price dropping 35% in the last year, underperforming the market return of 26%. The negative momentum continues, with the share price down 16% in the past thirty days. The company has also seen a negative change in earnings per share, contributing to the stock price decline.
Full articleSummary: Investors in Bristol-Myers Squibb Company (NYSE:BMY) have experienced disappointing returns, with the share price dropping significantly over the last year and three years. The stock price is currently facing negative momentum due to poor financial results.
Full articleSummary: RTX Co. Director sold 10,295 shares of company stock, disclosed in SEC filing. RTX also announced an increase in its quarterly dividend. Analysts have set new price targets for RTX stock.
Full articleSummary: Stifel upgraded their outlook for Union Pacific from Hold to Buy with an average one-year price target suggesting a 13.18% upside, along with an increase in projected revenue and non-GAAP EPS. The company also declared a regular quarterly dividend of $1.30 per share. Institutional ownership and portfolio allocation in Union Pacific have shown mixed movements by various funds.
Full articleSummary: UBS ETRACS Monthly Pay 2xLeveraged Wells Fargo MLP Ex-Energy ETN shares surged by 5.3% on Friday, trading as high as $3.28 and closing at $3.00 with above-average trading volume.
Full articleSummary: Amgen Inc. (NASDAQ:AMGN) senior vice president sold shares, stock price trading up, dividend announcement, and hedge fund activities reported. Analysts have set new price targets for AMGN stock.
Full articleSummary: Merit Financial Group LLC reduced its holdings in Costco Wholesale Co. by 21.1% during the 4th quarter. Multiple other institutional investors and hedge funds have both sold and added to their stakes in the company. Analysts have varied ratings on Costco Wholesale, with the stock currently having an average rating of 'Moderate Buy' and an average target price of $694.48. Insiders in the company have sold a significant amount of company stock in the last quarter.
Full articleSummary: BlackRock MuniHoldings New York Quality Fund, Inc. stock price crossed above its 200-day moving average and the company announced a monthly dividend. Institutional investors have been modifying their holdings of MHN.
Full articleSummary: U.S. Capital Wealth Advisors LLC reduced its stake in shares of Amgen Inc. by 18.0% in the 4th quarter. Several other institutional investors also modified their holdings. Amgen announced its quarterly earnings results exceeding the consensus estimate. The company disclosed a quarterly dividend and insiders are selling shares.
Full articleSummary: US stock indexes are moderately higher today as Alphabet and Microsoft report blockbuster earnings, Alphabet is up more than 10% after strong Q1 revenue, Microsoft is up more than 2% after Q3 revenue above consensus. Intel is down more than 12% after weaker Q2 revenue forecast, Dexcom is down more than 5% after below-consensus full-year revenue forecast.
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