Stocks

P&G to Hike Prices Over Rising Commodity Cost; Posts Robust Q3’21 Re...

April 21, 2021 11:27 AM AEST | By Team Kalkine Media

Summary Prices will increase for P&G’s products in its baby care, feminine care and adult incontinence categories. The consumer products...

Altria, British American Tobacco Stocks Tumble as FDA Reportedly Loo...

April 21, 2021 07:53 AM AEST | By Team Kalkine Media

Summary The U.S. Food and Drug Administration is reportedly considering to cut nicotine level in cigarettes. Altria’s share dropped around 1...

General Motors-LG Energy JV to Invest US$2.3B for Second Battery Pla...

April 17, 2021 11:23 AM AEST | By Team Kalkine Media

Source: P5h, Shutterstock Summary The second Ultium battery cell plant coming up at Spring Hill, Tennessee, will open in late 2023. The facilit...

Citigroup to Exit Consumer Business Franchises in 13 Asia, EMEA Mark...

April 16, 2021 10:32 PM AEST | By Team Kalkine Media

Source: Freedomz, Shutterstock Summary Citi CEO said the 13 markets have an excellent business but do not have the scale to compete. Citi will...

PepsiCo’s Q1’21 Revenue Up 6.8%, Reiterates 2021 Guidance

April 16, 2021 10:24 PM AEST | By Team Kalkine Media

Source: Kowit Lanchu, Shutterstock Summary Organic revenue during the first quarter grew 2.4 percent year over year. Net income rose to US$1.71...

JP Morgan, Goldman Sachs, Wells Fargo Report Strong Q1’21 Earnings

April 16, 2021 12:00 AM AEST | By Team Kalkine Media

Source: Freedomz, Shutterstock Summary JP Morgan posted 399 percent year over year growth in its first quarter net income Wells Fargo’s n...

Nuance Stock Rallies on Microsoft’s US$19.7B deal

April 13, 2021 05:24 PM AEST | By Team Kalkine Media

Source: Pixabay Summary Microsoft will pay US$56 per Nuance share, which represents a 23 percent premium on Friday’s closing price. The U...

Palantir (NYSE:PLTR) Stock Climbs 135% Since September 2020 Debut

April 13, 2021 05:06 PM AEST | By Team Kalkine Media

Source: Bro Crock, Shutterstock Summary The data analytic firm went public on NYSE in September 2021 through a direct listing. Palantir’s...

2 COVID Vaccine Stocks to Watch In 2021

April 10, 2021 09:52 AM AEST | By Team Kalkine Media

Source:solarseven, Shutterstock Summary Moderna anticipates US$18.4 billion in sales from its COVID-19 vaccines in 2021. Pfizer forecasts COVID...

Facebook Removes 16,000 Groups over Fake, Misleading Reviews

April 10, 2021 06:36 AM AEST | By Team Kalkine Media

Source:pkstudio, Shutterstock Summary The UK competition watchdog finds evidence of fake reviews on Facebook and Instagram. The social media gi...

Amazon Wins Key Vote Against Drive For Alabama Warehouse Union

April 10, 2021 06:32 AM AEST | By Team Kalkine Media

Source:Tada Images, Shutterstock Summary Of the total votes, 1,798 were against unionizing while 738 were in favor. This verdict successfully th...

Why FuboTV Inc. (NYSE:FUBO) Is in Spotlight Today?

April 10, 2021 04:57 AM AEST | By Team Kalkine Media

Source:issaro prakalung, Shutterstock Summary FuboTV stocks jump 17 percent after securing streaming rights to World Cup qualifying matches. Th...

Taking Cue From Uber, Lyft, Grab Eyes US Listing Via SPAC Deal

April 09, 2021 08:52 AM AEST | By Team Kalkine Media

Source:ANDRANIK HAKOBYAN, Shutterstock Summary Singaporean ride-hailing company to announce a SPAC merger for US listing. The deal could value...

Prosus To Reduce Stake In Tencent To 28.9%

April 09, 2021 03:59 AM AEST | By Team Kalkine Media

Source:Pla2na, Shutterstock Summary Prosus plans to cut its stake in Tencent to 28.9 percent from 30.9 percent by selling 191.9 million shares....

Five Blue-Chip Stocks For Long-Term Investment

April 02, 2021 02:32 PM AEDT | By Team Kalkine Media

Source:ShutterstockProfessional, Shutterstock Summary Blue-chip stocks are industry leaders which managed to weather the storms in the market....

Three Utility Stocks To Watch In 2021

April 02, 2021 02:28 PM AEDT | By Team Kalkine Media

Source:Robert Kneschke, Shutterstock Summary Shares of Florida-based energy company NextEra grew nearly 28 percent in 2020. American Water Work...

Three Mid-Cap Stocks That Hold Promise For Long-Term Investors

April 02, 2021 02:20 PM AEDT | By Team Kalkine Media

Mid-cap stocks are usually fast-growing, profitable, and stable. Although mid-cap stocks constitute a significant part of the stock market, some...

Will 2021 Be Better Than 2020 For Telecom Stocks?

April 01, 2021 11:38 AM AEDT | By Team Kalkine Media

Source:Andrey_Popov, Shutterstock US telecommunication stocks saw a mixed performance in 2020. While some companies have seen robust growth, others s...

3 US Penny Stocks To Watch Out For In 2021

March 31, 2021 11:50 AM AEDT | By Team Kalkine Media

Source:ShutterstockProfessional, Shutterstock Summary Stocks of Exela Technologies have more than doubled in price over the past six months. Id...

3 NYSE-Listed Gold Stocks to Watch in 2021

March 30, 2021 04:01 AM AEDT | By Team Kalkine Media

' expects annual gold equivalent production to be 2.4 million ounces in 2021. Gold price soared over 24 percent in 2020. The yellow metal, which...