Summary: Bristol Myers Squibb (NYSE: BMY) stock is out of favor and considered a contrarian investment opportunity due to its low share price and high dividend yield, but investors should be cautious about potential risks and reasons for the stock's unpopularity.
Full articleSummary: MetLife, Inc. reported a solid start for the year with a $3 billion increase to their share repurchase authorization, delivering strong financial results and sustained momentum across their businesses. They reported adjusted earnings of $1.3 billion, up 20% per share from the prior year, and net income of $800 million.
Full articleSummary: MetLife, Inc. announced a $3 billion increase to their share repurchase authorization and reported a strong financial performance for the first quarter of 2024. The company emphasized their focus on risk management, diversification, and commitment to delivering value to shareholders.
Full articleSummary: Wasserman collaborated with Intuit for the TurboTax US College Student Engagement Program, targeting 18-to-24-year-old college students during the 2022 tax season. The program was successful in driving significant metrics and earning media features.
Full articleSummary: After a successful year in 2023, VMware faced criticism and upheaval following its acquisition by Broadcom for $69bn. Broadcom's price rises and changes in licensing agreements have sparked controversies among end users and partners. VMware customers are considering alternatives like Nutanix amidst uncertainty over the long-term effects of the upheaval.
Full articleSummary: 3M had its price target increased by Citigroup with a neutral rating. The stock is currently rated as 'Hold' with an average target price of $103.70. The company reported better-than-expected earnings for the quarter.
Full articleSummary: Owner of a market in Kosovo, 'Plus Market', refuses to sell 'Made in Serbia' products, including Coca-Cola, leading to a legal battle with the Coca-Cola company.
Full articleSummary: Realty Income Corporation reported an increase in contractual rent collections for September compared to July and August and also saw improvements in rent collection from its top tenants and investment-grade tenants. The company has maintained decent financial health despite challenges faced by retail REITs due to the pandemic. Realty Income's retail locations are now open, with rent collection trends likely to improve further.
Full articleSummary: Salesforce, Inc. has a 'buy' consensus rating from 43 analysts. The mean target share price is $333.13, indicating a potential upside of 24.0%. The company has a market cap of 263.97B and a dividend yield of 5.95%.
Full articleSummary: Costco is seeing a rise in membership fee collection due to increased weekly shopping, strict budget adherence, and large purchases at the store. Upgrading to an Executive membership may be beneficial for those spending over $3,000 annually.
Full articleSummary: Price-conscious consumers are abandoning more expensive Kraft Heinz products, leading to a sales slump in the foodservice channel. The company's sales were slightly below expectations, with volumes falling by 3.2% while prices rose by 2.7%.
Full articleSummary: Thermo Fisher Scientific's short percent of float has fallen by 24.44% since its last report, with 2.58 million shares sold short representing 0.68% of all regular shares. Short interest is important as it indicates market sentiment towards a stock, with lower short interest potentially signaling a more bullish sentiment.
Full articleSummary: Texas Instruments being recommended as a stock to hold due to its performance and dividends.
Full articleSummary: ConocoPhillips (COP) reported a solid start to the year with production growth and maintained full-year guidance. The company is on track to distribute at least $9 billion to shareholders, with successful advancements in major projects and operational efficiencies improving, although facing challenges with gas pricing volatility.
Full articleSummary: Short interest in Citigroup (C) and General Electric (GE) rose significantly at the end of February compared to the previous month. Despite these negative bets, Citi reported profits for the first two months of the year and GE successfully raised debt in the open market, prompting short sellers to cover their positions and resulting in upward movement for both stocks.
Full articleSummary: Coca-Cola Europacific Partners CFO to leave for Diageo Plc, announcement of successor expected soon.
Full articleSummary: A Costco shopper returned a two-year-old mattress and received $200 in store credit. Dollar Tree plans to raise prices on over 300 items while continuing to offer products at $1.25 price point.
Full articleSummary: Natixis Advisors L.P. increased its stake in Medtronic plc by 8.6% during the fourth quarter, while other hedge funds also adjusted their positions. Medtronic stock traded up 0.9% and the company recently announced a quarterly dividend. Analysts have provided mixed ratings on the stock.
Full articleSummary: Charles Schwab Foundation is encouraging teens to participate in the Make Change Count Pledge, aimed at promoting financial literacy and savings habits among kids between 12 and 17.
Full articleSummary: Jefferies gave Coca Cola HBC AG a potential upside of 13.6% with a target price of 3,000 GBX compared to its opening price of 2,640 GBX on 03/05/2024.
Full articleSummary: Benjamin Edwards Inc. significantly increased its stake in Thermo Fisher Scientific Inc. in the 4th quarter according to its 13F filing with the SEC. The firm now owns 1,717 shares of TMO worth $911,000. Large investors have also been buying shares of the company, with analysts forecasting strong earnings and growth.
Full articleSummary: Thermo Fisher Scientific Inc. (NYSE:TMO) share price has soared 112% in the last half decade with compound earnings per share (EPS) growth of 15% per year, suggesting that the market sentiment around the company hasn't changed much over that time.
Full articleSummary: Thermo Fisher Scientific had its price target raised to $670.00 with a buy rating by HSBC, multiple analysts have assigned buy and hold ratings to the stock. The company reported better than expected quarterly earnings data. The CEO and other insiders have recently sold company stock, while institutional investors have increased their positions in Thermo Fisher Scientific.
Full articleSummary: Costco is offering a discounted Gold Star membership via StackSocial for $60, which includes a $40 gift card, effectively costing just $20 to join. The deal must be redeemed by June 16 and is available only to new customers or those whose memberships have expired for over 18 months.
Full articleSummary: The article discusses Smart Beta ETFs, focusing on the Schwab Fundamental U.S. Small Company Index ETF (FNDA) which aims to match the performance of the Russell RAFI US Small Co. Index. The ETF has $8.03 billion in assets with an expense ratio of 0.25%. FNDA's sector exposure includes Industrials, Financials, and Consumer Discretionary, with top holdings in Super Micro Computer Inc (SMCI), Abercrombie And Fitch Class A (ANF), and Echostar Corp Class A (SATS). The fund has had a mixed performance this year and in the past year, trading between $44.98 and $57.03 in the last 52-week period.
Full articleSummary: Coca-Cola reported its First Quarter 2024 results with revenue at US$11.3b, net income at US$3.18b, and EPS at US$0.74, all showing positive growth compared to the previous year. The company's revenue and earnings beat analyst expectations.
Full articleSummary: The renewable energy industry is projected to reach $2 trillion by 2030, with expected growth driven by new legislation and increased availability of green energy. Three renewable energy stocks with promising earnings and growth projections include NextEra Energy (NEE), First Solar (FSLR), and Hannon Armstrong Sustainable Infrastructure (HASI).
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