Dow Futures Move Higher Following Negative Session
By Oliver Gray Investing.com - U.S. stock futures were trading slightly higher in Monday’s evening deals after major benchmark averages finished the regular trading session lower as last...
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Goldman Sachs to Raise Dividend by 25% Following Stress Test
By Davit Kirakosyan The Goldman Sachs Group , Inc. (NYSE:GS) announced plans to increase its common stock dividend from $2.00 to $2.50 per share (subject to approval by its Board of...
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Wells Fargo Raises Quarterly Dividend 20% Following 2022 Stress Test
By Davit Kirakosyan Wells Fargo & Company (NYSE:WFC) announced plans to increase its Q3/22 common stock dividend to $0.30 from $0.25 per share, following the completion of the Federal...
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Bank of America Completes Fed's 2022 Stress Test, to Increase Quarterly Dividend by 5%
By Davit Kirakosyan Bank of America Corporation (NYSE:BAC) completed the Federal Reserve's 2022 Comprehensive Capital Analysis and Review (CCAR) and announced plans to increase its quarterly...
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JPMorgan Chase Maintains Dividend After Stress Test
By Davit Kirakosyan JPMorgan Chase & Co. (NYSE:JPM) maintained its dividend after it completed the Federal Reserve’s 2022 Comprehensive Capital Analysis and Review (CCAR) stress test...
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U.S. stocks fall after recent big gains; oil, yields rise
By Caroline Valetkevitch NEW YORK (Reuters) - U.S. stocks ended a volatile trading session slightly lower on Monday after posting sharp gains the week before, while oil prices and Treasury...
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Morgan Stanley Announces 11% Dividend Hike and $20B Buyback Following Stress Test
By Davit Kirakosyan Following the results of the 2022 stress test, Morgan Stanley (NYSE:MS) announced it will increase the quarterly dividend on its common stock 11% to $0.775 from the...
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TSX climbs to 2-week high as resource shares rally
By Fergal Smith TORONTO (Reuters) - Canada's main stock index rose on Monday to its highest level in nearly two weeks, aided by gains in resource-linked shares and an upbeat mood in global...
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Nike Reports Q4 Beat, Shares Up Nearly 2%
By Davit Kirakosyan Nike (NYSE:NKE) reported its {{erl-8948||Q4 results, with EPS of $0.90 coming in better than the consensus estimate of $0.81. Revenue was down 1% year-over-year (up...
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Spero Therapeutics Plummets 15% on FDA's CRL for Tebipenem HBr New Drug Application
By Davit Kirakosyan Spero Therapeutics , Inc. (Nasdaq: NASDAQ:SPRO) shares plunged around 15% after-hours following the company’s announcement, according to which the U.S. Food and Drug...
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Nike Earnings, Revenue beat In Q4
Investing.com - Nike (NYSE:NKE) reported on Monday fourth quarter {{erl-8948||earnings that beat analysts' forecasts and revenue that topped expectations. Nike announced earnings per...
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U.S. shares lower at close of trade; Dow Jones Industrial Average down 0.20%
Investing.com – U.S. equities were lower at the close on Monday, as losses in the Consumer Services, Technology and Basic Materials sectors propelled shares lower. At the close in NYSE, the...
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Canada shares higher at close of trade; S&P/TSX Composite up 1.03%
Investing.com – Canada equities were higher at the close on Monday, as gains in the Energy, Materials and Utilities sectors propelled shares higher. At the close in Toronto, the S&P/TSX...
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FTX Said Exploring Potential Robinhood Acquisition, News Seen as 'Positive'
By Sam Boughedda FTX, the crypto exchange founded by Sam Bankman-Fried, is said to be exploring the possibility of whether it could acquire Robinhood Markets Inc...
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Judge orders new trial in Tesla worker's race bias lawsuit
By Daniel Wiessner (Reuters) -A federal judge in California on Monday ordered a new trial on the damages Tesla (NASDAQ:TSLA) Inc owes to a Black former factory worker who accused the...
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Refining Tightness to Persist, Even in a Recession - Piper Sandler
By Sam Boughedda Piper Sandler Senior analyst Ryan Todd said in a research note Monday that they believe refining tightness will persist, even through a recession. With rising investor...
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The Nasdaq Leads the Stock Market Lower in Slow Monday Trading
By Daniel Shvartsman Investing.com -- Leading U.S. indices drifted lower in Monday trading, with the Nasdaq leading the push lower as the so-called bear market rally took a breather after a...
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Goldman Sachs Becomes More Defensive, Upgrades Autozone
By Sam Boughedda AutoZone Inc (NYSE:AZO) was upgraded to Buy from Neutral by Goldman Sachs analyst Kate McShane on Monday, with the firm "getting even more defensive." McShane said in a...
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Cathie Wood's ARK Gains Significant Recent Inflows Despite Disastrous Year - Report
By Sam Boughedda According to a report by Bloomberg on Monday, Cathie Wood's ARK flagship fund, which is down significantly in 2022 fueled by Fed rate hikes, has gained its longest streak of...
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U.K. shares higher at close of trade; Investing.com United Kingdom 100 up 0.62%
Investing.com – U.K. equities were higher at the close on Monday, as gains in the Industrial Metals & Mining, Equity Investment Instruments and Industrial Engineering sectors propelled...
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Bitcoin miners sell their holdings amid crypto winter's chill
By Lisa Pauline Mattackal and Medha Singh (Reuters) - Bitcoin miners have been forced to tap into their cryptocurrency stashes as a plunge in prices, rising energy costs and increased...
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Bernstein Believes Apple TV+ Will 'Likely Never be Material Financially'
By Sam Boughedda Bernstein analyst Toni Sacconaghi believes that Apple's (NASDAQ:AAPL) streaming service will likely never be material financially for Apple. In a note to clients Monday,...
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Amazon Still the 'King of Summer Sales' - Jefferies
By Sam Boughedda According to Jefferies analyst Brent Thill, Amazon (NASDAQ:AMZN) remains the king of the summer sales season. In a research note released Monday, the analyst said they...
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Factbox-Companies offering abortion travel benefits to U.S. workers
(Reuters) - A growing number of companies, including JPMorgan Chase & Co (NYSE:JPM), Amazon.com Inc (NASDAQ:AMZN), Tesla (NASDAQ:TSLA) Inc, and Walt Disney (NYSE:DIS) Co are rolling out...
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Michael Burry Warns of the Bullwhip Effect, Says the Fed Could Reverse Course
By Sam Boughedda Michael Burry, the investor made famous by the movie "The Big Short," and the founder of Scion Asset Management, said in a tweet Monday that the "Bullwhip Effect" is...
