Tag: shares

December 8, 2022

U.S. Bancorp (USB) closed at $43.56 in the latest trading session, marking a +1.44% move from the prior day. This change outpaced the S&P 500’s 0.19% loss on the day. Elsewhere, the Dow gained 0.01%, while the tech-heavy Nasdaq lost […]

October 14, 2022

First Republic Bank stock fell 10% Friday in the weakest share price reaction among four regional banks that reported earnings. While First Republic’s third-quarter earnings of $2.21 beat the target of $2.18 a share, its net interest income looking ahead […]

April 11, 2022

ClearBridge Investments, an investment management firm, published its “Dividend Strategy” fourth quarter 2021 investor letter – a copy of which can be downloaded here. The ClearBridge Dividend Strategy outperformed its S&P 500 Index benchmark during the fourth quarter. On an […]

August 6, 2021

Shorting a stock involves selling a borrowed stock in the anticipation of buying the same stock back at a lower future price and pocketing the difference. Short selling is a normal part of an active trader’s plan as it presents […]

June 8, 2021

Warren Buffett is an American business tycoon, philanthropist, and one of the greatest investors of all time. As of June 2021, he has a net worth of over $109 billion. Buffett runs Berkshire Hathaway, which owns more than 60 companies. […]

April 30, 2021

Amazon — The e-commerce giant saw its shares gain 1% in midday trading after it reported a record first-quarter profit. The Seattle-based firm said profits more than tripled to $8.1 billion and January-to-March sales soared 44% to $108 billion. The […]

April 9, 2021

Levi Strauss – Shares of the retailer jumped 5% after the company beat top- and bottom-line estimates during the first quarter. Levi’s earned 34 cents per share on an adjusted basis, while reporting $1.31 billion in revenue. Analysts surveyed by […]

April 6, 2021

Snap — The social media company’s stock price jumped about 4.7% after Atlantic Equities upgraded the stock to overweight from neutral. The Wall Street firm said that Snap has transformed into a broad content platform and that it sees an […]

March 18, 2021

Dollar General (DG) – Dollar General shares tumbled 6.1% in premarket action after the discount retailer missed estimates by 10 cents a share, with quarterly earnings of $2.62 per share. The company exceeded revenue estimates as comparable-store sales increased more […]

February 10, 2021

General Motors – Shares of the legacy automaker dropped about 3.5% after the company warned that a global semiconductor shortage could take a major bite out of its earnings in 2021. GM’s fourth-quarter results beat expectations on the top and […]

February 3, 2021

Spotify (SPOT) – The music streaming service reported a wider-than-expected quarterly loss, although its revenue did beat analyst forecasts. The number of premium subscribers jumped by 24% to a better-than-expected 155 million. The stock fell 7% in premarket trading as […]

August 31, 2020

Monday is a big day for smaller shares of big companies. Apple Inc. AAPL, 3.16% begins trading on a lower cost per share. That’s because it enacted the four-to-one stock split to become “more accessible to a broader base of […]

July 24, 2020

Verizon (VZ) – Verizon reported quarterly profit of $1.18 per share, 3 cents a share above estimates. Revenue beat forecasts as well. Verizon said it experienced a negative impact from Covid-19, which hurt wireless service and ad spending revenue. American […]

May 22, 2020

Deere (DE) – The construction equipment maker reported fiscal second-quarter earnings of $2.11 per share, compared to the consensus estimate of $1.62 a share. Revenue beat estimates as well. Deere said it expects global equipment sales to fall 30% to […]

May 1, 2020

Exxon Mobil (XOM) – Exxon posted a GAAP loss of 14 cents per share, and a non-GAAP profit of 53 cents per share. The consensus estimate was for a breakeven quarter. The company announced a 30% cut in capital spending […]

February 26, 2020

Lowe’s (LOW) – The home improvement retailer beat estimates by 3 cents a share, with quarterly earnings of 94 cents per share. Revenue and comparable sales fell short of forecasts, however, and Lowe’s projected full-year adjusted earnings of $6.45-$6.65 per […]

February 13, 2020

(PEP) – The beverage and snack giant, with quarterly earnings of $1.45 per share. Revenue also beat forecasts. Organic revenue growth was a better-than-expected 4.3%, and the company said it is projecting a 4% growth rate for organic revenue in […]

January 27, 2020

The Chinese coronavirus is forcing Wall Street to turn sour on certain stocks. Bank of America downgraded shares of Wynn Resorts to neutral from buy and Oppenheimer downgraded shares of cosmetic company Estée Lauder to perform from outperform on heightened […]

July 17, 2019

Bank of America – The bank reported quarterly profit of 74 cents per share, beating consensus by 3 cents a share. Revenue was just above forecasts, with the bank’s results helped in part by stronger retail banking performance. Net interest […]

May 16, 2018

All bank stocks are not created equal. Citigroup (C) , Wells Fargo (WFC) , and Bank of America (BAC) all closed in the green on Tuesday, but none in significantly grand fashion. I am not touching Wells Fargo at this […]