Applied Materials the largest chip-equipment maker in the world, announced Monday a 23.1% lift in its quarterly cash dividend, from 26 cents to 32 cents per share. The dividend is payable on June 15 t...
Tag: North America
First Republic, Provention Bio, Roku, Illumina, Boeing, and More Market Movers
This copy is for your personal, non-commercial use only. To order presentation-ready copies for distribution to your colleagues, clients or customers visit http://www.djreprints.com. https://www.barro...
American Express and 4 More Companies That Raised Their Stock Dividends
American Express Oracle and Johnson Controls were among the large U.S. companies that declared dividend increases this week. It was a fairly light week for such announcements, with earnings season hav...
GE’s Big Plans Are Luring Wall Street Bulls. Target Price Doubled.
Wall Street is feeling more bullish about General Electric stock. Significantly more bullish in one instance. GE (ticker: GE) hosted its 2023 analyst and investor event in Cincinnati, Ohio on Thursday...
Banking Selloff Goes Global After SVB Trouble. HSBC, BNP Paribas, UBS Tumble.
The selloff in the banking sector spread across the globe on Friday after SVB Financial Group said it was forced to unload assets at a loss following a decline in deposits. HSBC (ticker: HSBA.UK), Eur...
FuelCell Stock Is Rising. Its Sales Beat Is Just One Reason.
FuelCell Energy shares rose on Thursday after the producer of units that make electricity from hydrogen posted a narrower-than-expected loss for its first quarter. FuelCell (ticker: FCEL) posted reve...
Credit Suisse Stock Is Falling. Annual Report Is Delayed After Call From SEC.
Credit Suisse shares were falling on Thursday after the Swiss lender said it is delaying the publication of its annual report. The stock was down 5.3% in Zurich trading. Credit Suisse (ticker: CS) Ame...
Asana Stock Is Rising. KeyBanc Sees 50% Upside in Bull Case.
Asana the provider of business software, is set to open higher on Thursday. KeyBanc says the shares could still move substantially higher. Analysts led by Jason Celino said the stock price could rise ...
United Natural Foods Stock Plunges After Slashing Profit Guidance
United Natural Foods stock plunged more than 23% early Wednesday as the food distributor slashed its profit outlook for 2023 and withdrew long-term financial targets. The company (Ticker: UNFI), which...
An Offshore Oil Rebound Is Under Way. It’s Lifting These Stocks.
Text size Spending on offshore oil drilling is expected to rise in coming years. Carina Johansen/Bloomberg Offshore oil drilling has been growing slowly in recent years as energy companies have hesita...
CrowdStrike Earnings Show It’s a Top Cybersecurity Stock, Analyst Says
CrowdStrike’s strong fourth quarter earnings and upbeat guidance underlines its status as one of the top performing software security names, according to one analyst. D.A. Davidson analyst Rudy Kess...
BlackBerry Stock Dives on Latest Numbers as Revenue Forecast Disappoints
BlackBerry stock tumbled Tuesday, the morning after the Canadian cybersecurity firm released preliminary fiscal-year figures that disappointed Wall Street. The company said Monday evening that it expe...
Rivian, Tesla, and 2 Other EV Makers Are Recalling Vehicles
Monday is looking like recall day for electric-vehicle makers. A few have showed up on the National Highway Traffic Safety Administration website. Recalls from the large players don’t look serious. Re...
Lordstown Motors’ Sales Were Dreadful. The Stock Is Rising Anyway.
Sales and earnings from electric vehicle start-up Lordstown Motors show just how hard it has been to launch a new electric truck. Results look rough, but the beaten-up stock is rising in early trading...
Tesla, Apple, Ciena, and More Stock Market Movers
This copy is for your personal, non-commercial use only. To order presentation-ready copies for distribution to your colleagues, clients or customers visit http://www.djreprints.com. https://www.barro...
Airlines Rally Has Hit Turbulence. But United, Delta, Others Should Fly Higher.
The U.S. airline sector took off at the start of 2023 but the rally has encountered some turbulence in recent weeks ahead of a crucial few months for the industry. The sector’s big gains this year pro...
GM to Axe Hundreds of Jobs. But It’s Not About Cutting Costs.
General Motors is cutting salaried and executive staff positions, after saying earlier this year that it didn’t plan layoffs. GM (ticker: GM) representatives on Tuesday said the cuts affected a small ...
Norwegian Cruise Line Misses Earnings Estimates. The Stock Is Falling.
Norwegian Cruise Line Holdings stock tumbled Tuesday as the company posted a wider-than-expected loss and provided disappointing guidance for 2023. Cruise operator Norwegian (ticker: NCLH) posted an a...
DeLorean Has Hit the Brakes. Catching Tesla Is Proving Hard for EV Rivals.
When Marty McFly drove into the future in the famous 1980s movie, he made it look easy. For EV start-ups trying to leap ahead in their industry, it’s proving a lot harder. DeLorean, the car company ma...
CrowdStrike’s Latest Earnings Convince Analyst It’s a Top Cybersecurity Stock
CrowdStrike’s strong fourth-quarter earnings and upbeat guidance underlines its status as one of the top performing software security names, according to one analyst. D.A. Davidson analyst Rudy Kess...