Summary: UPS's near term and long-term views coincide with the stock likely to go up.
Full articleSummary: Mosaic Family Wealth Partners LLC increased its stake in Alphabet Inc. by 31.3% in the 4th quarter. Several other large investors also added to their positions in GOOGL. Analyst ratings for Alphabet have been positive, with a consensus target price of $157.97. Alphabet stock was up 0.3% and has a strong financial profile, with solid earnings and revenue.
Full articleSummary: New World Advisors LLC decreased its holdings in Alphabet Inc. by 9.9% in the fourth quarter, selling 415 shares, worth $525,000. Alphabet is the 26th biggest position for New World Advisors LLC. Several other hedge funds also bought and sold shares of Alphabet.
Full articleSummary: The research report by Spherical Insights & Consulting forecasts the Global Attack Helicopter Market Size to grow from USD 8.4 Billion in 2023 to USD 13.8 Billion by 2033, at a CAGR of 5.09% during the forecast period. Factors contributing to this growth include the need to upgrade military hardware, growing defense spending globally, geopolitical instability, and the rise in demand for advanced attack helicopters.
Full articleSummary: Philip Morris (PM) closed at $99.75 with a +0.5% move, lagging behind Nasdaq's 1.54% gain. Analysts project earnings of $1.33 per share for PM, representing a 14.74% YoY decline. The company is currently ranked at Zacks Rank of #3 (Hold).
Full articleSummary: NVIDIA Corp., Alphabet Inc., and Johnson & Johnson featured in top stock reports. NVIDIA's stocks skyrocketing due to strong growth in generative AI and demand for GPU's. Alphabet has underperformed due to sluggish network advertisement business. Johnson & Johnson facing headwinds from generic competition but showing improvements in Innovative Medicine and MedTech units.
Full articleSummary: Tupperware Brands Corporation received a non-compliance notice from NYSE for a delay in filing its annual report, but the company has six months to regain compliance and has expressed intent to file the overdue report. The financial metrics show challenges faced by the company, with declining revenue and negative stock performance, leading to concerns among analysts and investors.
Full articleSummary: EVe Mobility Acquisition Corp. Class A notified of non-compliance with NYSE American listing standards for delayed annual report filing, has six months to cure the delinquency.
Full articleSummary: Alphabet Inc. is set to report its Q1 2024 earnings on April 25th, with revenue and earnings per share (EPS) estimates of $69.787 billion and $1.89 respectively. Market focus is on the growth in its cloud computing division and integration of generative Artificial Intelligence (AI) into services.
Full articleSummary: United Parcel Service (NYSE:UPS) stock traded up 0.7% during trading on Friday, and analysts have recently provided a mix of ratings ranging from 'neutral' to 'strong buy'. The company also increased its dividend and reported earnings that slightly beat analysts' estimates.
Full articleSummary: HTLF Bank purchased a new stake in Medtronic plc, multiple institutional investors made changes to their positions in the company, and insiders have sold shares recently. Medtronic stock price traded up slightly. Wall Street analysts have issued mixed ratings on MDT stock.
Full articleSummary: RIAA Advisory Group LLC increased its holdings in United Parcel Service by 798.6% in the fourth quarter, while various other large investors also added to their stakes in the company. Additionally, a director purchased 1,400 shares of UPS stock. Analyst ratings on UPS include a range of opinions, with some firms adjusting their target prices and ratings.
Full articleSummary: Twin Capital Management Inc. decreased its position in International Business Machines Co. by 74.6% in the fourth quarter. Several other hedge funds and institutional investors also adjusted their holdings in IBM. Analysts have given mixed ratings on the stock, ranging from sell to buy, with a consensus rating of 'Hold'. International Business Machines reported strong earnings results, beating the consensus estimate. The company also announced a quarterly dividend.
Full articleSummary: Palouse Capital Management Inc. increased its holdings in Pfizer by 57.7% during the fourth quarter, making it the firm's 3rd largest holding. Many other large investors also acquired stakes in Pfizer recently. Pfizer stock traded up 2.4% on Friday.
Full articleSummary: Manual Woodworkers & Weavers (MWW) expanded operations to Tijuana, Mexico to be closer to the western U.S. market and partnered with UPS for cross-border logistics, utilizing UPS Trade Direct Cross Border for efficient shipments. UPS helps MWW in consolidating, clearing customs, and deconsolidating shipments in the U.S., saving time and costs. UPS ensures smooth customs processes and daily pickups in Tijuana.
Full articleSummary: UPS announced multiple long-term growth plans, including replacing FedEx as primary air cargo provider for USPS and releasing future revenue projections above analysts' expectations.
Full articleSummary: Wall Street analysts forecast a decline in Thermo Fisher Scientific's quarterly earnings and revenues compared to the prior year. Analysts' estimates for specific metrics of the company also suggest varying changes, including declines in some segments and an increase in one segment. Thermo Fisher's stock has underperformed the Zacks S&P 500 composite in the past month.
Full articleSummary: United Parcel Service, Inc. (UPS) rates highest in Validea's guru fundamental report using the P/B Growth Investor model by Partha Mohanram, indicating strong interest in the stock based on low book-to-market characteristics associated with sustained future growth. UPS also passed various criteria tests, demonstrating positive underlying fundamentals and stock valuation.
Full article