AUS
NZ
UK
CA
USA
FRA
GER
ESP
ITA
NLD
PRT
SWE
GRC
IND
POL
BRA
ZAF
RUS
CHN
UAE
Stock market
Kimberly-Clark revenue up 7%, OTIS raises 2021 outlook
October 26, 2021 03:46 AM AEDT| By Ipsita SarkarHighlights Kimberly-Clark Corporation’s (NYSE: KMB) net sales rose 7% YoY to US$5.0 billion. Otis Worldwide Corp’s (NYSE: OTIS) net sales were US$3.6 billion, up 10.8% YoY. KMB lowers its annual revenue outlook, while OTIS r.....
Community Bank’s (CBU) Q3 profits up; Lennox (LII) narrows guidance
October 26, 2021 02:30 AM AEDT| By Ipsita SarkarHighlights The Community Bank System, Inc’s (NYSE: CBU) total revenue rose by 2.8% YoY in Q3, FY21. The operating income of Lennox International Inc. (NYSE: LII) was US$162.7 million in Q3, FY21. Lennox expects its revenue growth to be b.....
Six investment myths one should stop assuming about
October 25, 2021 05:50 PM AEDT| By Team Kalkine MediaStock market investment isn’t a loss-making proposition. However, most people get worried because of a lack of knowledge or unsure if it makes for a good investment. Knowledge obtained from people who aren’t subject experts adds to the.....
7 hot S&P 500 companies that gave over 30% return in 3 months
October 25, 2021 05:48 PM AEDT| By Team Kalkine MediaThe market has traded choppy over the past few weeks as concerns over inflation, labor shortage, and supply chain disruptions weighed on investors' minds. In addition, the uncertainty over Fed's tapering timeline kept traders away from risky bets. .....
American Express (AXP) Q3 income up 70%, Honeywell (HON) sales up 9%
October 23, 2021 05:21 AM AEDT| By Team Kalkine MediaHighlights Honeywell International Inc. (NASDAQ: HON) sales were US$8.47 billion, 9% higher than the previous year and the operating margin grew by 180 basis points to 18.6%. Honeywell reduced the range in guidance for the full year for sales b.....
Cleveland-Cliffs (CLF) stocks up, Schlumberger (SLB) down on Q3 results
October 23, 2021 04:51 AM AEDT| By Team Kalkine MediaHighlights The revenue of Schlumberger N.V. (NYSE: SLB) surged 11% YoY in Q3, FY21 The adjusted EBITDA of Schlumberger N.V. increased by 27% YoY in Q3, FY21 Cleveland-Cliffs Inc. (NYSE: CLF) reported record revenue of US$6 billion in Q3, FY21 .....
SAP SE (SAP) raises guidance, Union Pacific (UNP) posts higher profits
October 22, 2021 05:20 AM AEDT| By Ipsita SarkarHighlights SAP SE (NYSE: SAP) adjusted revenue surged 5% YoY in Q3, FY21. SAP expects its cloud and software revenue to be between €23.8 billion and €24.2 billion in FY21. Union Pacific Corporation’s (NYSE: UNP) operating reven.....
Blackstone (BX), Freeport (DCX) post record Q3 earnings as sales soar
October 22, 2021 03:28 AM AEDT| By Sanjeeb BaruahHighlights Blackstone Inc’s (NYSE: BX) earnings were US$1.4 billion, or US$1.94 a share, compared to US$794.7 million, or US$1.13 a share, a year earlier. Blackstone’s distributable earnings more than doubled to US$1.6 billion in th.....
Danaher (DHR), AT&T (T) profit soars in Q3, beat expectations
October 22, 2021 02:19 AM AEDT| By Ipsita SarkarHighlights Danaher Corporation’s (NYSE: DHR) gross profit was US$4.35 billion in Q3, FY21. AT&T Inc. (NYSE: T) adds 928,000 postpaid phone subscribers in the third quarter. AT&T’s operating income was US$7.10 billion in Q3,.....
Baker Hughes’ income up 72%, M&T Bank profits soar in third quarter
October 21, 2021 12:00 PM AEDT| By Ipsita SarkarHighlights Baker Hughes Company’s (NYSE: BKR) non-GAAP adjusted operating income was US$402 million, up 72% YoY. M&T Bank Corporation’s (NYSE: MTB) net income was US$495 million, up 33%, from US$372 million in the year-ago quar.....
Five stocks with over 100% YTD return: Can they repeat that in 2022?
October 21, 2021 05:18 AM AEDT| By Ipsita SarkarHighlights Moderna, Inc’s (NASDAQ: MRNA) stock price surged more than 198% YTD. GameStop Corporation (NYSE: GME) stock jumped a whopping 982.84% YTD. Olin Corporation’s (NYSE: OLN) sales surged to US$2.22 billion in Q2, FY21. .....
Travelers (TRV), Ericsson (ERIC) beat earnings estimates in Q3
October 20, 2021 06:26 AM AEDT| By Ipsita SarkarHighlights Ericsson (NASDAQ: ERIC) posted an EBIT of SEK56.3 billion (Swedish Krona) in Q3, FY21. Ericsson plans to cut its operations in China after huge sales decline. The Travelers Companies, Inc’s. (NYSE: TRV) total revenue surged 6%.....
SEC finds no foul play in GameStop's meteoric rally: Key takeaways
October 20, 2021 05:27 AM AEDT| By Sanjeeb BaruahHighlights The intense volatility following wild price-swings of meme stocks had forced many brokerages, including Robinhood, to limit trading of the affected stocks on their platforms. In the report, the watchdog concluded that despite volatil.....
Philip Morris (PM), Bank of New York Mellon (BK) profits up in Q3
October 20, 2021 03:06 AM AEDT| By Ipsita SarkarHighlights Philip Morris International Inc’s (NYSE: PM) net revenue surged 9.1% YoY in Q3, FY21. PM revises its full-year diluted EPS forecast to be between US$5.77 and US$5.82. The Bank of New York Mellon Corp’s (NYSE: BK) total r.....
Johnson & Johnson (JNJ), Proctor & Gamble’s (PG) quarterly sales jump
October 20, 2021 02:46 AM AEDT| By Ipsita SarkarHighlights Johnson & Johnson (NYSE: JNJ) posted sales of US$23.3 billion, a 10.7% increase YoY. Procter & Gamble Company (NYSE: PG) reported net sales of US$20.3 billion, up 5% from the previous year. Both the stocks received a m.....
Seven Robinhood stocks to explore this festive season
October 19, 2021 10:11 AM AEDT| By Ipsita SarkarHighlights Ford Motor Company (NYSE: F) will invest around US$316 million to build EV components at its Halewood factory in England. Apple Inc. (NASDAQ: AAPL) announced a new subscription tier for Apple Music and Apple Music Voice Plan. NIO In.....
Seven AAA-rated ESG firms: A look at how these stocks faring
October 19, 2021 08:22 AM AEDT| By Ipsita SarkarHighlights Microsoft Corporation (NASDAQ: MSFT) stock rose 40% year-to-date. The EPS diluted increased to US$7.97 for FY 2021 compared to US$5.76 in FY 2020. Best Buy Co., Inc. Common Stock (NYSE: BBY) stock gave a 15% return YTD. Its dividend.....
From Netflix, Tesla to Intel - top stocks to watch this week
October 19, 2021 07:11 AM AEDT| By Ipsita SarkarHighlights Netflix, Inc. (NASDAQ: NFLX) will release its quarterly earnings on October 19 after the closing bell. Tesla, Inc. (NASDAQ: TSLA) will release its Q3 results on October 20 after the market close. Intel Corporation (NASDAQ: INTC) is .....
STT, ACI stocks rally after quarterly results, dividend increase
October 19, 2021 03:41 AM AEDT| By Ipsita SarkarHighlights The State Street Corp’s (NYSE: STT) total revenue surged 7% YoY in Q3, FY21. Albertsons Companies, Inc. (NYSE: ACI) has raised its adjusted EPS forecast to around US$2.50 to US$2.60 in fiscal 2021. After solid Q3 results, the .....
Nine inflation-protected ETFs to consider amid skyrocketing prices
October 13, 2021 06:59 AM AEDT| By Sanjeeb BaruahHighlights As inflation concerns hover, some investors turn to inflation-protected ETFs. ETF funds netted over US$647.8 billion in the third quarter this year, as per ETF.com. The inflow was US$66.8 billion in August, while in September, it fe.....
