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ASML (ASML), Verizon’s (VZ) profits soar in Q3; VZ lifts guidance
October 20, 2021 09:31 AM PDT| By Ipsita SarkarHighlights ASML Holding N.V. (NASDAQ: ASML) expects its Q4, FY21 net sales to be between €4.9 billion and €5.2 billion. Verizon Communication Inc’s (NYSE: VZ) total operating revenue rose by 4.3% YoY in Q3, FY21. VZ expects its.....
Abbott (ABT), Anthem (ANTM) stocks rise after upbeat revenue outlook
October 20, 2021 09:23 AM PDT| By Ipsita SarkarHighlights Abbott Laboratories’ (NYSE: ABT) third-quarter sales rose 23.4% to US$10.9 billion YoY. Abbott raised its full-year adjusted EPS guidance to between US$5.00 and US$5.10. Anthem, Inc’s (NYSE: ANTM) operating revenue jump.....
Netflix (NFLX) beats estimates in Q3, adds record subscribers
October 19, 2021 06:01 PM PDT| By Sanjeeb BaruahHighlights Netflix’s subscribers grew by 4.4 million in the quarter against an estimated 3.84 million. Netflix’s revenue jumped 16% YoY to US$7.5 billion in the third quarter of 2021. Exuding confidence over the results, Netflix co.....
Top chocolate and bakery stocks to explore for a sweet tooth
October 19, 2021 02:32 PM PDT| By Ipsita SarkarHighlights The advance estimates of US retail and food services sales for September 2021 were US$625.4 billion, a 13.9% increase from September 2020. The Hershey Company’s (NYSE: HSY) dividend yield is 2.01%; the stock rose 17.93% YTD. .....
Top travel stocks to explore this holiday season
October 19, 2021 01:28 PM PDT| By Ipsita SarkarHighlights Southwest Airlines Company (NYSE: LUV) plans to cut its carbon emissions by 20% through 2030. Marriott International (NASDAQ: MAR) is expected to report its Q3 FY21 results on November 3. Booking Holdings Inc. (NASDAQ: BKNG) will re.....
Dover (DOV), Halliburton (HAL) post strong Q3 revenue, profit growth
October 19, 2021 10:05 AM PDT| By Ipsita SarkarHighlights Dover Corporation (NYSE: DOV) reported revenue of US$2.0 billion, 15% higher YoY. Halliburton Company (NYSE: HAL) revenue increased 30% YoY to US$3.86 billion. Dover has raised the full-year 2021 guidance; It posted US$2.63 billion.....
PROG, ADMP stocks jump after FDA approval, patent rights
October 18, 2021 05:12 PM PDT| By Sanjeeb BaruahHighlights Progenity, Inc. (NASDAQ: PROG) secured four patents for ingestible technologies from the US Patent and Trademark Office (USPTO). The PROG stock grew nearly 47% since the patent announcement on October 13. Adamis Pharmaceuticals Cor.....
FuelCell (FCEL), Peabody (BTU) stocks gain traction on upbeat outlook
October 18, 2021 04:47 PM PDT| By Sanjeeb BaruahHighlights FuelCell Energy, Inc. (NASDAQ: FCEL) rose 18% on an upbeat energy outlook. Peabody Energy Corporation (NYSE: BTU) jumped on preliminary unaudited financial results for the September quarter. The full result is likely to come on Octob.....
J.B. Hunt (JBHT) profits surge nearly 60% in Q3
October 15, 2021 07:52 PM PDT| By Team Kalkine MediaLogistics company J.B. Hunt Transport Services, Inc. (NASDAQ: JBHT) on Friday announced a third-quarter net earnings of US$199.8 million, boosted by robust business growth. The stock jumped more than 8.7% to close at US$190.55 after the stellar qu.....
Seven stocks to explore as demand for healthcare soars
October 15, 2021 06:15 PM PDT| By Ipsita SarkarHighlights CVS Health Corporation’s (NYSE: CVS) next ex-dividend date is Oct 21, 2021. Global Cord Blood Corporation’s (NYSE: CO) operating income was US$24.2 million in the June quarter of 2021. It added 19,673 new subscr.....
Charles Schwab (SCHW), Goldman Sachs (GS) profits soar in Q3
October 15, 2021 11:23 AM PDT| By Ipsita SarkarHighlights The Dow Jones US Banks Index (DJUSBK) generated a 38.11 return YTD. Charles Schwab Corporation (NYSE: SCHW) posted revenue of US$4.57 billion, up 87% YoY. Its net income grew 119% YoY. Goldman Sachs Group, Inc. (NYSE: GS) reve.....
Prologis (PLD) raises guidance after Q3 profits jump over 140%
October 15, 2021 09:36 AM PDT| By Sanjeeb BaruahHighlights Prologis Inc’s net earnings attributable to common stockholders skyrocketed to US$722 million in the quarter from US$299 million in the same period year ago. Prologis’ net earnings per diluted share were US$0.97 in the qu.....
Why is the stock of gene-editing titan CRISPR hogging attention?
October 14, 2021 05:37 PM PDT| By Sanjeeb BaruahSwiss-American biotechnology company CRISPR Therapeutics (NASDAQ: CRSP) has been gaining significant attention in recent days. While the stock has seen several ups and downs this week, it appeared on firmer ground on Thursday after closing the sess.....
Nine penny stocks with over 100% year-to-date return to explore
October 14, 2021 04:15 PM PDT| By Ipsita SarkarHighlights Rare Element Resources Ltd. (OTC: REEMF) is a mineral resource company. The stock returned 122.33% YTD. Performant Financial Corporation (NASDAQ: PFMT) provides technology-enabled recovery services; the stock gave a 283.65% return YT.....
Walgreens Boots (WBA) profits up 6.4% in Q4 as sales surge
October 14, 2021 03:19 PM PDT| By Sanjeeb BaruahPharmacy chain operator Walgreens Boots Alliance Reports on Thursday reported a fourth-quarter profit of US$358 million after witnessing robust growth in the US and the UK markets. Walgreens’ net earnings from operations increased by 6.4% Yo.....
Citigroup net income jumps 48%, revenue declines 1%
October 14, 2021 12:15 PM PDT| By Ipsita SarkarHighlights Citigroup, Inc. (NYSE: C) revenue declined 1% YoY to US$17.2 billion in the third quarter. The net income surged 48% increase YoY to US$4.6 billion in the quarter. Citigroup (C) stock gave around 17% return YTD. Glob.....
Domino's Pizza (DPZ) profit jumps 21.5% in Q3 on strong global sales
October 14, 2021 11:10 AM PDT| By Sanjeeb BaruahWorld's largest pizza company Domino's Pizza, Inc. (NYSE: DPZ) on Thursday reported a third-quarter net income of US$21.3 million, or a 21.5% YoY jump, helped by solid global retail sales. Announcing the results, Domino's Pizza CEO Ritch Allison s.....
Wells Fargo (WFC), Morgan Stanley (MS) Q3 profits beat estimates
October 14, 2021 10:27 AM PDT| By Ipsita SarkarHighlights Wells Fargo Company (NYSE: WFC) revenue declined 2% YoY to US$18.83 billion in Q3. Morgan Stanley’s (NYSE: MS) revenue rose 26% YoY to US$14.8 billion in Q3. WFC stock gained 55%, while the MS stock jumped 44% YTD. Stocks.....
Bank of America’s (BAC) Q3 profits beat forecast, deposits up 15%
October 14, 2021 09:24 AM PDT| By Sanjeeb BaruahBank of America Corporation (NYSE: BAC) on Thursday reported strong third-quarter performance, boosted by robust merger and acquisition activities and growth in loan and lease segments. The company said that these activities, along with higher spe.....
UnitedHealth (UNH) raises guidance on strong Q3 growth, revenue up 11%
October 14, 2021 07:31 AM PDT| By Ipsita SarkarHighlights UnitedHealth Group (NYSE: UNH) declared third-quarter results on Thursday. The group served 146 million people across its businesses as of September 30, 2021. UNH posted revenue of US$72.3 billion and 23.5% return on equity in the t.....
