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Earnings Alert: General Motors (GM), Honda Motor (HMC) net income soars
August 04, 2021 11:45 AM PDT| By Team Kalkine MediaSummary General Motors Company (NYSE: GM) reported revenue of US$34.2 billion in Q2, 2021. The Michigan-headquartered company’s net income increased to US$2.8 billion in the period. Honda Motor Company Ltd (NYSE: HMC) net income rose to .....
Which are the popular industrial stocks to explore in August?
August 03, 2021 03:29 PM PDT| By Kiran MuraliThe industrial sector includes companies that are involved in the production of machinery and equipment necessary for the manufacturing and construction industry, as well as those in aerospace and defence. This sector has a pivotal role in the grow.....
Fighting back: Four hot media stocks to explore in times of covid
August 03, 2021 03:11 PM PDT| By Team Kalkine MediaSummary AutoWeb, Inc. (NASDAQ: AUTO) announced the acquisition of CarZeus’ assets on Aug 2, 2021. The stock has given a 37.25% YTD return. Townsquare Media, Inc. (NYSE: TSQ) has a forward P/E for one year of 9.46. The stock gave a 96.47% .....
Which are the six fastest-growing US small-cap stocks?
August 03, 2021 01:42 PM PDT| By Team Kalkine MediaSummary Green Plains Inc. (NASDAQ: GPRE) stock gave a 173% return YTD. The Joint Corp.’s (NASDAQ: JYNT) P/E ratio is 84.84. The stock returned 204% YTD and 452% in one year. Veritiv Corporation’s (NYSE: VRTV) P/E ratio is 18.86. Th.....
Value Investing: Do these 10 value stocks make the most sense?
August 03, 2021 11:35 AM PDT| By Team Kalkine MediaSummary Tyson Foods, Inc (NYSE: TSN) reported revenue of US$11.3 billion in Q1, 2021. General Mills Inc (NYE: GIS) has a market cap of US$35.2 billion. Lincoln National Corp (NYSE: LNC) reported a net income of US$225 million in Q1, 2021. .....
Why are GE (NYSE: GE), Eaton Corp (NYSE: ETN) stocks in focus today?
August 03, 2021 09:26 AM PDT| By Team Kalkine MediaSummary General Electric Co (NYSE: GE) signed an agreement with Northstar Medical Radioisotopes to manufacture iodine-123 capsules. The total revenue of GE in Q2, 2021 was US$18.3 billion. Eaton Corporation (NYSE: ETN) reported sales of US$5.2.....
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Why is PepsiCo (NASDAQ: PEP) selling Tropicana, other juice brands?
August 03, 2021 07:18 AM PDT| By Team Kalkine MediaPepsiCo Inc (NASDAQ: PEP) on Tuesday announced plans to sell its juice brands like Tropicana to the French company PAI Partners for US$3.3 billion. The move is part of its plan to shift from high-sugar drinks to health-focused snacks and beverages......
Where to park money? Three high-yield savings accounts worth exploring
August 02, 2021 04:49 PM PDT| By Team Kalkine MediaAll savings accounts pay an interest rate for the money kept in the account. The more is the interest rate, the higher is the growth of your savings. Many online banks offer higher rates than the brick-and-mortar banks like Wells Fargo, JP Morgan C.....
Riding the success trail: Could these 10 mid-cap stocks go the distance?
August 02, 2021 04:14 PM PDT| By Team Kalkine MediaSummary UGI Corporation’s (NYSE: UGI) P/E ratio is 10.92, the dividend yield is 3%, and it gave a 31.92% return YTD. Polaris Inc’s (NYSE: PII) P/E ratio is 12.59, and the dividend yield is 1.92%. The stock grew 37.95% YTD. Syneos H.....
Top 10 dividend stocks to consider for financial freedom after retirement
August 02, 2021 03:42 PM PDT| By Team Kalkine MediaSummary Iron Mountain Incorporated (Delaware) (NYSE: IRM) gave an annual dividend of US$2.474. Discover Financial Services (NYSE: DFS) reported US$2.5 billion in revenue in Q2, 2021. Crown Castle International Corp (NYSE: CCI) has a market cap.....
Top travel & hospitality stocks to keep an eye on in August
August 02, 2021 03:04 PM PDT| By Kiran MuraliThe travel and hospitality industry was one of the hardest-hit sectors with the coronavirus outbreak last year. The companies in this industry were severely impacted in 2020 as borders were closed and people mostly stayed at home. However, with incr...
Back with a bang! Nio, Xpeng & Li stocks ride high on July delivery
August 02, 2021 11:24 AM PDT| By Team Kalkine MediaSummary NIO Inc’s (NYSE: NIO) cumulative delivery of vehicles reached 125,528 as of July 31, 2021. The stock gave a 229% return in one year. XPeng Inc’s (NYSE: XPEV) P7 model got a 5-star safety rating for EVs in China. Its stock ga.....
All eyes on Square Inc, Afterplay Ltd after US$29 billion deal
August 02, 2021 09:55 AM PDT| By Team Kalkine MediaThe Square, Inc. (NYSE: SQ) stock was trending on Wall Street and Google and other sites on Monday, a day after it revealed plans to acquire the Australian buy now pay later (BNPL) services company Afterpay Ltd. (ASX: APT) for US$29 billion. Squar.....
FAANG earnings update: Profit streak continues in June quarter
July 31, 2021 12:46 PM PDT| By Kiran MuraliThe FAANG companies - Facebook Inc., Apple Inc., Amazon.Com Inc., Netflix Inc. and Google’s parent company Alphabet Inc. – saw their June quarter profit hit new records. FAANG earnings season, which started with Netflix announcing its .....
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Mining the Market: Check out these six metal stocks going bullish
July 30, 2021 06:28 PM PDT| By Team Kalkine MediaSummary TimkenSteel Corporation (NYSE: TMST) reported revenue of US$273.6 million in Q1, 2021. Olympic Steel, Inc. (Nasdaq: ZEUS) reported a net income of US$1.8 million in FY 2020. Arcelor Mittal NY (NYSE: M.T.) reported operating income of U.....
Why are these four pharma stocks drawing investors’ attention?
July 30, 2021 12:54 PM PDT| By Team Kalkine MediaSummary CRISPR Therapeutics (NASDAQ: CRSP) released its quarterly earnings on July 29. The stock was trading at US$119.96, up 0.81% at 2:14 pm ET. Cocrystal Pharma’s (NASDAQ: COCP) new drug showed effective results against covid.....
P&G FY’21 result beats estimate; Colgate-Palmolive narrows outlook
July 30, 2021 12:07 PM PDT| By Kiran MuraliSummary P&G’s fiscal year 2021 net sales grew 7 percent while EPS rose 11 percent. Colgate-Palmolive expects 2021 EPS growth at the lower end of its estimate. P&G’s stock rose 3 percent and Colgate-Palmolive’s share f.....
Trending: Three technology stocks catching the eye today
July 30, 2021 11:13 AM PDT| By Team Kalkine MediaSummary Twilio Inc. (NYSE: TWLO) reported revenue of US$668.9 million in Q2. Atlassian Corp (NASDAQ: TEAM) reported total revenue of US$2.1 billion in FY 2021. Matterport, Inc (Nasdaq: MTTR) stock surged 5.80% at 11.03 am ET. Twilio Inc a.....
Linde raises EPS guidance after Q2 profits, Enbridge net income falls
July 30, 2021 10:24 AM PDT| By Team Kalkine MediaSummary Linde plc (NYSE: LIN) sales surged 19% to US$7.6 billion in the second quarter, 2021. Its adjusted operating profit was US$1.8 billion, up 39% year-over-year. Enbridge Inc (NYSE: ENB) revenue rose 38% year-over-year to CA$10.9 billion; .....
Exxon Mobil, Chevron swing to profit in Q2 as global oil prices recover
July 30, 2021 09:34 AM PDT| By Kiran MuraliSummary Exxon Mobil posted US$4.69 billion net income, while Chevron earned US$3.08 billion. Both the companies reported strong revenue growth in the second quarter. Exxon Mobil declared a dividend of 87 cents, while Chevron will resume share .....
