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Berkshire Hathaway hikes Occidental Petroleum stake after new purchases

Warren Buffett's Berkshire Hathaway (BRK.A) (BRK.B) raised its ownership stake in Occidental Petroleum (OXY) to ~23.6% after buying nearly 3.7M additional shares, according to an SEC filing....

Seeking Alpha - 3/27/2023 8:22:11 PM More News for OXY
Stock Analysis for OXY

Related Stocks: BRK.A,BRK.B,OXY,OXY+

The Only Oil Major Betting Big On Alaska

While other oil majors have left Alaska due to high capital costs and regulatory hurdles, one U.S. oil firm is pushing ahead with oil development in the state, betting on a new project that could pump crude for decades. ConocoPhillips has just seen the Biden Administration approve the Willow oil project in the National Petroleum Reserve-Alaska (NPR-A), allowing three out of five proposed drill sites. Even the scaled-down project will be profitable and will work, the company and analysts say. One of the reasons why ConocoPhillips is betting on Alaska...

OilPrice com - 3/27/2023 8:00:00 PM More News for COP
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Walmart joins Canadian grocery rivals in pushing back against profiteering claims

Like its Canadian counterparts, Walmart is pushing back against claims that grocers are profiting from the rising cost of food. Gonzalo Gebara, the head of Walmart Canada, told MPs on the House agriculture committee Monday that rising prices were caused by "a perfect storm" of external factors, not price-gouging....

CBC News - 3/27/2023 7:57:01 PM More News for WMT
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Lyft to pick up new CEO amid deepening post-pandemic losses

Lyft co-founders Logan Green and John Zimmer are relinquishing their leadership roles to make way for a former Amazon executive as the ride-hailing service struggles to recover from the pandemic while long-time rival Uber has been regaining its momentum...

ABC News - 3/27/2023 7:32:03 PM More News for AMZN
Stock Analysis for AMZN


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Tesla faces new race bias trial from employee who had US$137m verdict cut

NEW YORK, March 28 — A trial kicked off in San Francisco federal court yesterday to determine how much money Tesla Inc m…...

Malay Mail - 3/27/2023 7:28:16 PM More News for TSLA
Stock Analysis for TSLA

Related Stocks: TSLA,TL0-GD,TL0-GS,TL0-GH,TL0-GM,TL0-GF,TL0-GB,TL0-GY,TL0-GI

ROSEN, A TRUSTED AND LEADING LAW FIRM, Encourages Mallinckrodt plc Investors to Inquire About Securities Class Action Investigation - MNK


Kwhen Finance - 3/27/2023 7:26:00 PM More News for FB
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Related Stocks: FB,VIACA,MNK

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First Citizens Spikes 50% on Silicon Valley Bank Deal

The bank is getting a $16.5 billion discount (and then some) on the failed giant's assets Related Stocks: FCNCA , SIVB , BAC ,...

GuruFocus - 3/27/2023 7:10:42 PM More News for BAC
Stock Analysis for BAC


Conflict Of Interest? Congress Members Who Own META, GOOG, SNAP Shares Could Benefit From TikTok Ban

Members of the U.S. Congress are pushing for a ban of video app and social media platform TikTok . The pressure comes as the app could be a security threat to the U.S. If TikTok is banned, several other social media platforms could stand to benefit. What Happened: Members of Congress grilled TikTok CEO Shou Chew during a recent hearing and many called for TikTok to be banned in the U.S. This ban could weaken the relations between the U.S. and China and could also upset some very loyal users of the app that spend hours each day making and consuming short-form video content. Users of TikTok could flock to existing social media platform leaders or see several upstart video platforms grow. Among the expected winners from the ban of TikTok are Facebook and Instagram, owned by Meta Platforms Inc (NASDAQ: META ). YouTube, which is owned by Alphabet Inc (NASDAQ: GOOG )(NASDAQ: GOOGL ), could also benefit from its growing YouTube shorts video content. Snapchat, a unit of Snap Inc (NYSE: SNAP ), could also benefit from the TikTok ban....

Benzinga - 3/27/2023 6:57:33 PM More News for GOOG
Stock Analysis for GOOG


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Amgen-Sanofi patent case divides makers of antibody drugs

Amgen Inc’s battle with Sanofi and Regeneron at the U.S. Supreme Court over its cholesterol drug Repatha on Monday has some drugmakers hoping a ruling will reshape U.S. patent law and competition among companies that make antibody medicines. In the dispute with Sanofi and partner Regeneron, whose cholesterol-lowering monoclonal antibody drug Praluent works in a […]...

Financial Post - 3/27/2023 6:51:41 PM More News for AMGN
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Related Stocks: AMGN,SNY,SAN-FP,REGN

Mastercard, Visa Are Among Firms in Talks to Buy Fintech Pismo - BNN Bloomberg

Mastercard Inc. and Visa Inc. are among the firms negotiating to acquire Pismo, which provides cloud-based payment and banking platforms, said people familiar with the matter....

BNN Bloomberg - 3/27/2023 6:43:22 PM More News for MA
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Related Stocks: MA,V

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Why Walmart Stock Was a Winner Today

A pair of very positive analyst takes juices the company's stock ahead of its big annual investor event....

The Motley Fool - 3/27/2023 6:29:00 PM More News for WMT
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Merck's Keytruda successful in multiple types of endometrial cancer

A phase 3 trial found that Merck's Keytruda was effective as a first-line treatment for another type of endometrial cancer. Read more here....

Seeking Alpha - 3/27/2023 6:16:04 PM More News for MRK
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Pioneer Natural Resources Announces Pricing of Public Offering of $1.1 billion of 5.100% Senior Notes Due 2026

DALLAS--(BUSINESS WIRE)--Pioneer Natural Resources Company (NYSE:PXD) (“Pioneer” or “the Company”) today announced that it has priced a public offering of $1.1 billion of 5.100% Senior Notes that will mature March 29, 2026 (the “Notes”), pursuant to an effective shelf registration statement that was previously filed with the Securities and Exchange Commission. The Company intends to use the net proceeds from the offering for general corporate purposes, which may include repayment or repurchase...

Business Wire - 3/27/2023 6:15:00 PM More News for PXD
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Tesla Cybertruck Is The Most Anticipated EV For 2023, Study Shows

A recent study by car advice website Rerev unveiled the most anticipated electric vehicles for 2023, with the Tesla Inc (NASDAQ: TSLA ) Cybertruck topping the list. The U.S. Sun shared Rerev's analysts' rankings which were determined by examining Google search data over a two-month period. The Tesla Cybertruck dominated search results at 1,854,710 searches, receiving more than … Full story available on

Benzinga - 3/27/2023 6:13:23 PM More News for TSLA
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Related Stocks: TSLA,TL0-GD,TL0-GS,TL0-GH,TL0-GM,TL0-GF,TL0-GB,TL0-GY,TL0-GI

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3 Blue-Chip Stocks to Buy for Stability and Safety

An excellent way to find stocks to buy is by examining the holdings of exchange-traded funds (ETFs) that focus on the subject matter you’re interested in. In this case, safe blue-chip stocks . Investopedia defines blue-chip stocks as follows: “These are typically large, well-established, and financially sound companies that have operated for many years and that have dependable earnings, often paying dividends to investors.” So, if you want to invest in a blue-chip healthcare company, Johnson & Johnson (NYSE: JNJ ) comes to mind. On the other hand, if you desire an industrial company, Deere & Co. (NYSE: DE ) would be good. You get the idea. One more iconic name and I’d have my three safe blue-chip stocks to buy! However, I’ve instead chosen to select my three picks from the top holdings of the actively managed Fidelity Blue Chip Growth ETF (BATS: FBCG ) and Fidelity Blue Chip Value ETF (BATS: FBCV ). These two ETFs invest in well-known, well-established and well-capitalized companies, applying growth screens and value screens , respectively....

InvestorPlace - 3/27/2023 6:03:59 PM More News for CVX
Stock Analysis for CVX


Carnival Guidance Sinks Shares

Carnival Corporation (CCL) was the worst-performing stock in the S&P 500 after the cruise line operator predicted much bigger losses than expected in the current quarter and full year....

Investopedia - 3/27/2023 5:59:04 PM More News for CCL
Stock Analysis for CCL


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Dividend King Genuine Parts Company Upgraded On Profit Guidance

Genuine Parts Company bottoms on robust long-term guidance. The analysts praise the news and raise targets. Auto part retailers echo the strength and support the outlook. 5 stocks we like better than Genuine Parts Genuine Parts Company (NYSE:GPC) is hosting an investor day event, and the pre-event press release already excites the analysts. The release […]...

ValueWalk - 3/27/2023 5:54:21 PM More News for GPC
Stock Analysis for GPC

Related Stocks: GPC

NOV: 2023 Off To A Bad Start

NOV Inc. is well-positioned to outlast another downturn given their low leverage and strong liquidity. Click here for our review of NOV stock prospects....

Seeking Alpha - 3/27/2023 5:43:30 PM More News for NOV
Stock Analysis for NOV

Related Stocks: NOV,NO8-GD,NO8-GS,NO8-GM,NO8-GF,NO8-GB,NOV-MM

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MercadoLibre Stock (NASDAQ:MELI): Set to Rise on Robust Momentum, Margin Expansion

Investors have been pleasantly surprised by MercadoLibre’s (NASDAQ: MELI) recent performance as the company continues to maintain its momentum and …...

TipRanks - 3/27/2023 5:33:12 PM More News for MELI
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The Bottom Is In For Accenture

Accenture moves higher on solid results and is indicating a bottom. The next hurdle is the 150-day EMA, a move above there could trigger a complete reversal. Cost-cutting efforts to aid growth were announced. 5 stocks we like better than Accenture After over a year of downtrending, Accenture (NYSE:ACN) shares have hit and confirmed their […]...

ValueWalk - 3/27/2023 5:33:08 PM More News for ACN
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Hormel Foods declares $0.275 dividend

Hormel Foods (NYSE:HRL) declares $0.275/share quarterly dividend, in line with previous.Forward yield 2.82%Payable May 15; for shareholders of record April 17; ex-div April 14.See HRL…...

Seeking Alpha - 3/27/2023 5:29:58 PM More News for HRL
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7 Lithium Stocks Sitting in the Sweet Spot

Electric vehicles are a megatrend, but megatrends take time to develop. One day our grandchildren may look back on 2023 with amazement at how primitive our vehicles were. But that day is not today. And that’s why a better way to invest in the transition to EVs is by finding lithium stocks to buy. Lithium is an essential component of lithium-ion batteries. And those batteries are, for now, the de facto standard for electric vehicles, while the demand for lithium far outweighs the supply of it. That means there’s still time to invest in lithium stocks. So for now, investing in lithium stock is a practical, picks-and-shovel approach to the transition to electric vehicles. LAC Lithium Americas $20.75 PLL Piedmont Lithium $51.97 ALB Albemarle $218.88 SQM Sociedad Quimica y Minera $81.07 LTHM Livent $20.78 AMLI American Lithium $2.33 NRVTF Noram Lithium 42 cents Lithium Americas (LAC) Source: Wirestock Creators / Leading off this list of lithium stocks to buy is Lithium Americas (NYSE: LAC )....

InvestorPlace - 3/27/2023 5:22:01 PM More News for ALB
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TGH Imaging Powered by Tower is the First in Florida to Install GE HealthCare's Omni Legend Digital PET/CT System


Kwhen Finance - 3/27/2023 5:53:00 PM More News for GE
Stock Analysis for GE

Related Stocks: GE,DISCB,ACR

Intel: A Risky Bet, Not A Bargain (NASDAQ:INTC)

Intel's revenue has been growing at a slower pace than the semiconductor industry, indicating it is losing market share. Learn why I rate INTC stock a sell....

Seeking Alpha - 3/27/2023 5:12:44 PM More News for INTC
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Related Stocks: INTC,INCO-BB

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LINCOLN NATIONAL CORP FILES (8-K) Disclosing Results of Operations and Financial Condition, Non-Reliance on Previous Financials, Audits or Interim Review, Regulation FD Disclosure

As previously disclosed, The Lincoln National Life Insurance Company, a wholly owned subsidiary of Lincoln National Corporation, entered into a reinsurance agreement with Security Life of Denver Insurance Company that was effective as of October 1, 2021 to reinsure liabilities under a block of in-force executive benefit and universal life insurance… The post LINCOLN NATIONAL CORP FILES (8-K) Disclosing Results of Operations and Financial Condition, Non-Reliance on Previous Financials, Audits or Interim Review, Regulation FD Disclosure appeared first on Insurance News | InsuranceNewsNet ....

InsuranceNewsNet - 3/27/2023 5:09:46 PM More News for LNC
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Related Stocks: LNC

Otis Worldwide: Good Growth Prospects At Reasonable Valuation

Otis Worldwide Corp. engages in the manufacturing, installation, and servicing of elevators and escalators. Click here to find out what make OTIS stock a buy....

Seeking Alpha - 3/27/2023 5:08:18 PM More News for OTIS
Stock Analysis for OTIS

Related Stocks: OTIS

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Allegion plc: Allegion to Host 2023 'Investor & Analyst Day'

Allegion plc (NYSE: ALLE), a leading global security products and solutions provider, will hold a "2023 Investor Analyst Day" in Carmel, Indiana, on Tuesday, May 2. President and CEO John H. Stone…...

Finanz Nachrichten - 3/27/2023 5:06:00 PM More News for ALLE
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Microsoft Rolls Out New Version of Teams

For those who turn to tech stock leader Microsoft (NASDAQ:MSFT) and its Teams app for getting together with colleagues, today was a big day. Micros…...

TipRanks - 3/27/2023 5:03:00 PM More News for MSFT
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3 Quantum Computing Stocks That Are Leading the Race

In recent years, investors and entrepreneurs have been abuzz with talk about quantum computing stock . Quantum computers might be capable of breaking encryption, solving physics, and many other processes classical computers can’t. The quantum computing stocks that can monetize this business could be set for big gains. The most popular potential application for quantum computers is Shor’s algorithm . This algorithm can factor a number into its constituent primes faster than any classical computer. Because factoring numbers into primes underpins much of modern encryption, Shor’s algorithm could break modern encryption standards. But Shor’s algorithm and other such applications will first need a working quantum computer to process on. That problem remains key and many companies are working on completely different methods for making a quantum computer. They’re even using completely different qubits , which are as fundamental to quantum computers as bits are to classical computers. Whether one method becomes the standard, or many methods can work side by side, will be crucial to the future of quantum computers....

InvestorPlace - 3/27/2023 5:00:03 PM More News for IBM
Stock Analysis for IBM


Advance Auto Parts, The Case For Upside And Dividends

The shopping spree in the used car market has left some after-market car parts out of the game as consumers feel comfortable in their new acquisitions, however as the used car market faces rising negative equity and other challenges, these forgotten players may be the only hope for losing car note holders to escape. Advance […]...

ValueWalk - 3/27/2023 4:59:13 PM More News for AAP
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AAR signs agreement with a unit of Collins Aerospace to boost UAS market presence

AAR (AIR) said Monday it signed a distribution agreement with Cloud Cap Technology, a unit of Collins Aerospace Mission Systems....

Seeking Alpha - 3/27/2023 4:58:47 PM More News for RTX
Stock Analysis for RTX

Related Stocks: RTX

Nike Created a Pirate Radio Station to Pay Homage to Underground Music for Air Max Day

Nike Air Max Day launched in 2014, long after the sneaker had become a staple of grime and hip-hop scenes from the late '80s well into the 2000s. Though the early days of these subcultures have come and gone, these movements live on in new music scenes around the world. The historical connection between underground…...

Adweek - 3/27/2023 4:54:26 PM More News for NKE
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S&P 500: First Republic, Banks Lead Winners; Carnival, Google Are Monday Losers

First Republic was the top S&P 500 performer Monday as banking fears eased somewhat. Carnival and Google were notable losers....

Investor's Business Daily - 3/27/2023 4:53:42 PM More News for FRC
Stock Analysis for FRC


4% Yield, 34% Below NAV, And Down 42%, We're Buying Alexandria Real Estate (NYSE:ARE)

Fundamentals remain strong. Fear appears to be elevated. There are legitimate macro risks, but read why they're smaller for Alexandria Real Estate (ARE) vs. other stocks....

Seeking Alpha - 3/27/2023 4:45:56 PM More News for ARE
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Why Bank of America Shares Jumped on Monday

The dust surrounding Silicon Valley Bank is finally starting to settle....

The Motley Fool - 3/27/2023 4:44:26 PM More News for BAC
Stock Analysis for BAC


Cigna’s PBM, two others sued in Ohio over drug price fixing

March 27 (Reuters) – Ohio on Monday filed a lawsuit accusing Cigna Group, Humana Inc and others of colluding to drive up prescription drug prices by charging exorbitant fees for pharmacy benefit management services. The lawsuit, filed by Ohio Attorney General Dave Yost in the Delaware County Common Pleas Court, comes amid growing scrutiny by […]...

Financial Post - 3/27/2023 4:42:00 PM More News for CI
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Related Stocks: CI,HUM,HUM-SS

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Thermo Fisher Scientific Opens Cell Therapy Facility at University of California, San Francisco, to Accelerate Development of Breakthrough Therapies

WALTHAM, Mass. & SAN FRANCISCO--(BUSINESS WIRE)--Thermo Fisher Scientific Inc. (NYSE: TMO), the world leader in serving science, and the University of California, San Francisco (UCSF), will accelerate advanced cell therapies for difficult to treat conditions, including cancer, rare diseases, and other illnesses, from a newly opened cGMP manufacturing facility adjacent to UCSF Medical Center’s Mission Bay campus. The partnership between Thermo Fisher and UCSF, first announced in 2021, has the po...

Business Wire - 3/27/2023 4:30:00 PM More News for TMO
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AMC Stock Alert: AMC Announces Record Food Revenue

Source: Ian Dewar Photography / Shutterstock The stock market tried to push higher on Monday and so did AMC Entertainment (NYSE: AMC ). At one point in the session, AMC stock was down almost 4%. Shares closed the day up by 2%, however. Some of today’s weakness could have been tied more broadly to tech and more specifically to GameStop (NYSE: GME ). Shortly after the open, tech was under more selling pressure than the overall market. Meanwhile, GME was down roughly 5% at one point. For what it’s worth, GME stock closed down by about 4%. There’s still a correlation between some of these stocks. However, AMC stock is finding some bullish momentum due to its own catalysts. Specifically, today’s action came after CEO Adam Aron tweeted out some good news this morning. Aron noted new record sales for the company: “AMC moviegoers continue to eat and drink well. Two weeks ago we set an all time record, with the highest weekly “Food and Beverage Revenues Per Patron” (FBRPP) in AMC’s 103-year history....

InvestorPlace - 3/27/2023 4:29:55 PM More News for WMT
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Related Stocks: AMC,APE,WMT,GME

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Vertex Pays CRISPR Therapeutics $100M to Bring Gene-Editing to Type 1 Diabetes - MedCity News

Vertex Pharmaceuticals aims to CRISPR Therapeutics’ gene-editing technology to develop type 1 diabetes cell therapies that don’t prompt the immune system to reject them. This approach could compete with a Sana Biotechnology program expected to reach its first test in humans this year....

MedCity News - 3/27/2023 4:19:55 PM More News for VRTX
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Related Stocks: VRTX,CRSP,VERX

Man stabbed to death outside downtown Vancouver Starbucks

Murder charge laid against Inderdeep Singh Gosal, 32...

Grand Forks Gazette - 3/27/2023 4:18:00 PM More News for SBUX
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McKesson Corporation Announces Fourth-quarter Fiscal 2023 Earnings Release Date

McKesson Corporation (NYSE: MCK) will release its fourth-quarter and full-year fiscal 2023 financial results after market close on Monday, May 8, 2023. The company will host a live webcast of the earnings conference call for investors at 4:30 PM Eastern Time to review its financial results. The live webcast will be available on McKesson’s Investor Relations website at,...

Wallstreet:Online - 3/27/2023 4:10:00 PM More News for MCK
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Old National ranked 6th in financial performance of U.S. public banks by S&P Global Market Intelligence


Old National Bancorp was ranked 6 th in financial performance out of all U.S. public banks with greater than $10 billion in total assets by S&P Global Market Intelligence. On March 21, S&P Global released its annual rankings for 2022's best-performing community banks, credit unions and U.S. public banks....

GlobeNewswire - 3/27/2023 4:07:00 PM More News for SPGI
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We’re Scooping Up Shares of 2 Stocks, Downgrading and Upgrading 2 Others

The post We’re Scooping Up Shares of 2 Stocks, Downgrading and Upgrading 2 Others appeared on . We are enjoying the continued move higher in the shares of Action Alerts PLUS Global Markets (CBOE) , roughly 10% since they bottomed out on March 10, and the positive impact that…...

Bitcoin Ethereum News - 3/27/2023 4:06:08 PM More News for CBOE
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Rogers Corporation Welcomes Jessica Morton as New Vice President, General Counsel and Corporate Secretary

Rogers Corporation (NYSE:ROG) (“Rogers”), announced that Jessica Morton has joined the company as Vice President, General Counsel and Corporate Secretary. Jessica joins Rogers from FMC Corporation, where she provided leadership for complex legal matters within areas including M&A and corporate strategy, securities law and SEC periodic reporting, and corporate governance, among others. Prior...

Wallstreet:Online - 3/27/2023 4:05:00 PM More News for FMC
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Related Stocks: ROG,FMC

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Diamondback Energy, Inc. Joins the Oil and Gas Methane Partnership 2.0

MIDLAND, Texas, March 27, 2023 (GLOBE NEWSWIRE)

Diamondback Energy, Inc. (NASDAQ: FANG) (“Diamondback” or “the Company”) today announced that it has joined the Oil and Gas Methane Partnership 2.0 (OGMP 2.0), the United Nations Environment Programme’s flagship oil and gas reporting and mitigation program....

GlobeNewswire - 3/27/2023 4:01:00 PM More News for FANG
Stock Analysis for FANG

Related Stocks: 7DB-GD,7DB-GS,7DB-GH,7DB-GM,7DB-GF,7DB-GB,7DB-GY,7DB-GI,FANG

Schwab’s $7 Trillion Empire Built on Low Rates Is Showing Cracks

Despite assurances from CEO Walt Bettinger and the Charles Schwab himself, questions around the comnpany won't go away....

Wealth Management - 3/27/2023 4:00:00 PM More News for SCHW
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Zoetis Stock Sees IBD Relative Strength Rating Improve To 73

A Relative Strength Rating upgrade for Zoetis shows improving technical performance. Will it continue?...

Investor's Business Daily - 3/27/2023 4:00:00 PM More News for ZTS
Stock Analysis for ZTS


Stanley Black & Decker, Inc. (SWK) Shareholder Alert: Robbins LLP Reminds Investors of Class Action Against Stanley Black & Decker, Inc.


The Class : Robbins LLP reminds investors that a shareholder filed a class action on behalf of all persons and entities that purchased or otherwise acquired Stanley Black & Decker, Inc. (NYSE: SWK) common stock between October 28, 2021 and July 28, 2022, for violations of the Securities Exchange Act of 1934. Stanley Black & Decker, Inc. engages in the tools and storage and industrial businesses in the United States, Canada, rest of Americas, France, rest of Europe, and Asia....

GlobeNewswire - 3/27/2023 3:55:00 PM More News for SWK
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7 Monthly Dividend Stocks to Buy During the Market Jitters

With banking sector fears once again dominating headlines, investors should consider the consistent passive income potential of monthly dividend stocks to buy. Typically, companies that provide passive income do so on a quarterly basis. However, the schedule of life (such as rent and utility bills) occurs monthly. Therefore, this distinct segment should be attractive. Now, with greater conveniences come greater risks. Generally, monthly dividend stocks to buy tend to be riskier than their quarterly paying counterparts. At this juncture, economic vagaries make this category somewhat hazy due to less-robust financial profiles. Still, if you can handle the heat, these monthly dividend stocks to buy deserve consideration. O Realty Income $60.89 PBT Permian Basin Royalty Trust $23.97 SBR Sabine Royalty Trust $69.76 CRT Cross Timbers Royalty Trust $18.38 PRT PermRock Royalty Trust $6.70 GROW U.S. Global Investors $2.59 BRMK Broadmark Realty Capital $4.62 Realty Income (O) Source: jittawit21/ When it comes to monthly dividend stocks to buy, no discussion may be complete without mentioning Realty Income (NYSE: O )....

InvestorPlace - 3/27/2023 3:54:02 PM More News for O
Stock Analysis for O


The Best Personal Loans With No Origination Fees of March 2023

Our picks for the best personal loans with no origination fee include LightStream, SoFi, Wells Fargo, Discover, PenFed, and USAA....

Business Insider - 3/27/2023 3:45:54 PM More News for WFC
Stock Analysis for WFC


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CVS to close Signify acquisition this week

… will close this week as long as CVS and Signify can … buy and another proposed acquisition of value-based primary … Signify will continue operating as a payer-agnostic business … big-ticket and controversial healthcare mergers have closed recently, including …...

EIN News Merge and Acquisitions - 3/27/2023 3:43:19 PM More News for CVS
Stock Analysis for CVS

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Costco Stock (NASDAQ:COST): Betting on Dividend and Membership Fee Hikes

Value retailer Costco (NASDAQ:COST) has produced handsome and consistent returns for its investors, and its share price has almost tripled over the…...

TipRanks - 3/27/2023 3:39:30 PM More News for COST
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Caesars Entertainment rallies as trends stay strong for the casino operator

Caesars Entertainment (CZR) did not point sign of consumer slowdown during a recent meeting with analysts from Macquarie. Read more....

Seeking Alpha - 3/27/2023 3:37:05 PM More News for CZR
Stock Analysis for CZR

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FirstEnergy appoints Blackstone executive Brian Tierney as CEO

Tierney is currently the global head of portfolio operations and asset management at Blackstone....

DealStreetAsia - 3/27/2023 3:29:24 PM More News for FE
Stock Analysis for FE

Related Stocks: FE

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Zoom adds Open AI to “federated’ Zoom IQ AI resources

Zoom's new features for meetings leverage its own proprietary AI models, plus those from leading AI companies including OpenAI, and select customers' own models. The post Zoom adds Open AI to “federated’ Zoom IQ AI resources appeared first on AV Magazine ....

AV Magazine - 3/27/2023 3:28:24 PM More News for ZM
Stock Analysis for ZM

Related Stocks: ZM,5ZM-GD,5ZM-GS,5ZM-GH,5ZM-GM,5ZM-GF,5ZM-GB,5ZM-GY,5ZM-GI

7 Bank Stocks That Are the LEAST Likely to Fail

Just when you thought the banking sector fallout was behind us, rumblings in Europe confirmed that bank stocks once again will likely dominate business news outlets for weeks to come. While the mainstream media can sometimes lead to ambulance-chasing histrionics, this time around, the anxieties appear justified. Still, I thought it would be a nice contrarian exercise to consider the financial institutions least likely to fail. Now, some of my colleagues have asked ChatGPT to deliver an artificial intelligence-driven answer. However, for our purposes today, I consulted Gurufocus’ stock screener for the probability of financial distress. The below bank stocks – per the investment resource – represent an elite few that likely will not collapse. JPM JPMorgan Chase $129.09 BAC Bank of America $28.48 WFC Wells Fargo $37.57 HSBC HSBC Holdings $33.60 RY Royal Bank of Canada $93.64 HDB HDFC Bank $64.60 TD Toronto-Dominion Bank $57.82 JPMorgan Chase (JPM) Source: Daryl L / The inclusion of JPMorgan Chase (NYSE: JPM ) as one of the bank stocks least likely to fail shouldn’t surprise anyone....

InvestorPlace - 3/27/2023 3:24:42 PM More News for BAC
Stock Analysis for BAC


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Walgreens Boots Q2 earnings on deck, what to expect (NASDAQ:WBA)

Walgreens Boots (WBA) is scheduled to announce Q2 earnings results on Tuesday, March 28th, before market open.....

Seeking Alpha - 3/27/2023 3:11:33 PM More News for WBA
Stock Analysis for WBA

Related Stocks: W8A-GD,W8A-GS,W8A-GH,W8A-GM,W8A-GF,W8A-GB,W8A-GY,W8A-GI,WBA

Labcorp to pay $2.1 million to settle allegations it overbilled Defense Department for genetic tests for military members

A former Labcorp employee turned whistleblower sued the diagnostic testing company in 2018 on behalf of the federal government under the False Claims Act....

CNBC - 3/27/2023 3:08:52 PM More News for LH
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FOX Corporation donates $1 million to American Red Cross to support Southern states hit by deadly tornadoes

FOX Corporation donated $1 million to the American Red Cross on Monday to help support Mississippi and other Southern states impacted by devastating tornadoes....

Fox News - 3/27/2023 3:08:37 PM More News for FOXA
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7 Cash-Rich Companies That Can Weather Any Storm

With global market and economic fears once again rising to the forefront, investors may want to consider cash-rich companies that can weather any storm. Fundamentally, enterprises that carry plenty of green in their pockets should be able to navigate whatever curveballs the gatekeepers of the economy decide to throw. For that, I filtered out stocks based on their market capitalization and cash ratio. For the former metric, the thought process is fairly logical: the bigger, more established enterprises should prove more resilient under pressure. Regarding the latter, the cash ratio represents a measurement of liquidity . Per Investopedia, it calculates the company’s total cash and cash equivalents line to its current liabilities. In other words, under a theoretical scenario where an enterprise had to pay its debt using cash (or its equivalents) only, the cash ratio gives investors a decent sense of fiscal substance. With that, below are the cash-rich companies to consider. TXN Texas Instruments $178.23 FNV Franco-Nevada $143.87 WYNN Wynn Resorts $106.90 MNST Monster Beverage $104.76 GOOG GOOGL Alphabet $103.77 BIDU Baidu $152.31 CCJ Cameco $24.68 Texas Instruments (TXN) Source: Shutterstock One of the major technology giants, Texas Instruments (NASDAQ: TXN ) designs and manufactures semiconductors and various integrated circuits, which it sells to electronics designers and manufacturers globally....

InvestorPlace - 3/27/2023 3:07:46 PM More News for MNST
Stock Analysis for MNST


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Nvidia Says Crypto Adds Nothing to Society, Despite Profiting From Mining

Nvidia caters to gamers, but also sells hardware explicitly designed for crypto mining. Now its CTO is slamming crypto and pushing AI instead....

Decrypt - 3/27/2023 2:57:13 PM More News for NVDA
Stock Analysis for NVDA


Duckworth asks FTC to investigate drug distributor over abortion pill

Sen. Tammy Duckworth (D-Ill.) is asking the Federal Trade Commission to investigate reports that drug distributor AmeriSourceBergen is refusing to distribute Mifeprex to retail pharmacies in certain states, but was continuing to sell directly to health providers. In a letter sent Monday to FTC Chair Lina Kahn, Duckworth accused the company of exploiting the political…...

The Hill - 3/27/2023 2:55:07 PM More News for ABC
Stock Analysis for ABC


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Baker Hughes tapped as top supplier of Port Arthur LNG liquefaction equipment

Baker Hughes (BKR) won an order from Bechtel to supply critical liquefaction equipment for Sempra's (SRE) Port Arthur LNG Phase 1 project in Texas, following last week's the positive FID....

Seeking Alpha - 3/27/2023 2:51:28 PM More News for BKR
Stock Analysis for BKR

Related Stocks: 68V-GD,68V-GS,68V-GH,68V-GM,68V-GF,68V-GB,68V-GY,68V-GI,BKR

Energy Transfer to acquire Sugar Land-based Lotus Midstream in $1.45B deal

Dallas-based Energy Transfer's acquisition of Lotus Midstream includes the 3,000-mile Centurion Pipeline System, which the Sugar Land-based company acquired from Houston-based Occidental Petroleum Corp. shortly after forming in 2018....

Business Journals - 3/27/2023 2:50:45 PM More News for OXY
Stock Analysis for OXY

Related Stocks: ET,OXY,OXY+

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Lululemon earnings preview: Eyeing athleisure demand, inventory trends

Lululemon Athletica (LULU) is due to announce its fourth quarter earnings results after the closing bell on Tuesday, with eyes on athleisure demand post-pandemic.Analysts expect…...

Seeking Alpha - 3/27/2023 2:30:19 PM More News for LULU
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Morgan Stanley is Optimistic about Walmart’s Upcoming Investor Day, Shares Rally

Typically, we associate analyst days with electric car manufacturer Tesla (NASDAQ:TSLA). However, it appears that this phenomenon could provide a b…...

TipRanks - 3/27/2023 2:27:48 PM More News for WMT
Stock Analysis for WMT


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Amazon could launch an NFT marketplace as soon as April, according to sources

(Kitco News) - Rumors about Amazon's NFT marketplace continue to swirl, with some sources saying that Amazon Digital Marketplace will launch on April 24....

KITCO - 3/27/2023 2:19:17 PM More News for AMZN
Stock Analysis for AMZN

Related Stocks: AMZN

Blackstone said to be in talks for minority stake in FTV Capital

Private equity giant Blackstone (BX) is reportedly in advanced talks to acquire a small stake in FTV Capital, a growth-equity investment firm.Last year, FTV raised its seventh and…...

Seeking Alpha - 3/27/2023 2:03:28 PM More News for FTV
Stock Analysis for FTV

Related Stocks: FTV,BX

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Schwab Wins $7 Million From Morgan Stanley and Former Advisers - BNN Bloomberg

Charles Schwab Corp. won more than $7.3 million from Morgan Stanley and two financial advisers it accused of stealing trade secrets when they moved to the latter firm in 2019....

BNN Bloomberg - 3/27/2023 1:55:22 PM More News for MS
Stock Analysis for MS


McCormick Q1 2023 Earnings Preview

McCormick (MKC) is scheduled to announce Q1 earnings results on Tuesday, March 28th, before market open.The consensus EPS Estimate is $0.50 (-20.6% Y/Y) and the consensus Revenue…...

Seeking Alpha - 3/27/2023 1:54:16 PM More News for MKC
Stock Analysis for MKC

Related Stocks: MKC,MKC.V

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MCD gets Siva Prasad KV as new municipal secy; disengages Bhagwan Singh

The Municipal Corporation of Delhi appointed a new municipal secretary on Monday, as it disengaged from services Bhagwan Singh, who was serving on a contractual basis after retirement from the post, according to officials. The move comes a day ahead of the special meeting that has been convened at the MCD headquarters on Tuesday to discuss and deliberate on the civic budget. As required by norms, the civic budget has to be cleared by March 31. According to a order issued earlier in the day, the MCD said Bhagwan Singh (retired municipal secretary) engaged as a "consultant" on contract basis in the office of the municipal secretary, is herby disengaged from services of the MCD w.e.f. March 27, 2023. Later in the day, in another order, the MCD said a new officer has been given charge of the post of municipal secretary. A senior official in the civic body confirmed the development. "Siva Prasad KV, consultant, (retired municipal secretary) presently attached as OSD to Mayor is hereby...

Business Standard - 3/27/2023 1:54:00 PM More News for MCD
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Related Stocks: MCD

Credit Suisse Sees Positive Valuation Path For L3Harris But Prefers Lockheed Considering Macro Climate

Credit Suisse analyst Scott Deuschle reiterated an Outperform rating on the shares of L3Harris Technologies Inc (NYSE: LHX ) with a price target of $240. The aerospace and defense company is slated to report its first-quarter FY23 after market close on March 27. The analyst estimates Q1 EPS of $2.83, which is $0.06 below Street. However, the analyst sees an upside potential to $2.96 in blue-sky scenario, which is premised on dual supply/demand tailwinds for tactical radios. The analyst models sales growth of 4% year-on-year to $4.27 billion with Integrated Mission Systems (IMS) … Full story available on

Benzinga - 3/27/2023 1:53:17 PM More News for LHX
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Related Stocks: LHX,LMT

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Corteva, Inc.: An Investment For The Future

Corteva looks very attractive right now and has a steadily growing market and competent management. Click here to read why I would rate CTVA stock as a buy....

Seeking Alpha - 3/27/2023 1:50:03 PM More News for CTVA
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Related Stocks: CTVA

Trai asks telcos to take action on pesky telemarketing calls, messages

Trai on Monday asked telcos to take immediate action to curb pesky calls and messages by getting banks and FIs to clean up unused templates, as the regulator initiated a slew of steps to crackdown on the issue of unsolicited commercial communications (UCC) that, at times, leads to instances of frauds and scams. Telecom Regulatory Authority of Indian (Trai) held a review meeting with telecom operators like Bharti Airtel, Jio, and Vodafone Idea (VIL) on issue of UCC detect system. During the meeting, Vodafone Idea made a presentation on a AI/ML (Artificial Intelligence/Machine Learning) system that can analyse and detect patterns when it comes to fraudulent messages being sent from mobile numbers by scammers. Trai said permission will now be given to VIL for a pilot, and based on its success Trai will come out with principles/regulations for such solutions in the industry. The deadline for review of implementation of UCC detect system using AI/ML is May 1. "Today we have made it ver...

Business Standard - 3/27/2023 1:49:00 PM More News for FIS
Stock Analysis for FIS

Related Stocks: 532454-IB,FIS,532822-IB

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Chart Wars: What To Watch As First Republic, Bank Of America Pop Higher In This Trend

First Republic Bank (NYSE: FRC ) and Bank of America Corporation (NYSE: BAC ) were trading higher Monday after it was announced First Citizens BancShares Inc (Delaware) Class A (NASDAQ: FCNCA ) agreed to purchase all loans and certain other assets of beleaguered Silicon Valley Bank (NASDAQ: SIVB ). The financial sector is suffering heavy turmoil amid rising interest rates and stubborn inflation, which recently contributed to the failure of SVB, Signature Bank and Swiss-based Credit Suisse . First Republic and Bank of America have been trading in downtrends since early February but began to fall steeply on March 9, the day SVB announced a $1.25-billion common stock offering , which signaled the bank was in serious trouble. See Also: SVB Financial CEO Sold $3.6M In Shares Prior To Bank's Collapse: Here Are Other Insider Sellers Although First Republic and Bank of America were spiking higher on Monday, neither stock has yet to negate the downtrend. … Full story available on

Benzinga - 3/27/2023 1:47:44 PM More News for BAC
Stock Analysis for BAC


Supreme Court hears arguments in Amgen Repatha patent case against Sanofi

The U.S. Supreme Court earlier Monday heard arguments in a patent case filed by Amgen regarding Repatha against Sanofi. Read more here....

Seeking Alpha - 3/27/2023 1:45:10 PM More News for AMGN
Stock Analysis for AMGN

Related Stocks: AMGN,SNY,SAN-FP

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5 Best Consumer Cyclical Dividend Stocks To Buy Now

In this article, we discuss 5 best consumer cyclical dividend stocks to buy now. If you want to read our detailed analysis of consumer cyclical stocks and their outlook, go directly to read 12 Best Consumer Cyclical Dividend Stocks To Buy Now. 5. The Home Depot, Inc. (NYSE:HD) Number of Hedge Fund Holders: 62 The […]...

Insider Monkey - 3/27/2023 1:41:06 PM More News for HD
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Related Stocks: HD

Cigna, Humana accused of price fixing in Ohio – WSJ

Cigna (CI), Humana (HUM) faced a lawsuit in Ohio Monday over their role in sharing pricing details to gain upper hand in negotiations over drug rebates. Read more here....

Seeking Alpha - 3/27/2023 1:40:01 PM More News for CI
Stock Analysis for CI

Related Stocks: CI,HUM,HUM-SS

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Ram may trump Ford and GM with electric midsize pickup

Ram has shown its dealers a concept for a midsize electric pickup that could potentially follow the Ram 1500 REV full size truck into showrooms soon....

Fox News - 3/27/2023 1:34:17 PM More News for GM
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Related Stocks: GM

Air Products nabs $130M+ in NASA contracts for supplying liquid hydrogen

Air Products and Chemicals (APD) announced that it was recently awarded several supply contracts from NASA totaling $130M+ for providing liquid hydrogen for several NASA locations…...

Seeking Alpha - 3/27/2023 1:32:28 PM More News for APD
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IBD 50 Stocks To Watch: Vertex Pharmaceuticals Nears Buy Point; Institutions Scoop Up Shares

Vertex Pharmaceuticals is forming a base and back above its 50-day moving average. VRTX stock ranks third out of 792 biotechs....

Investor's Business Daily - 3/27/2023 1:31:44 PM More News for VRTX
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Merck Germany Regains Exclusive Global Rights To Cancer Drug From Pfizer

Germany’s Merck KGaA (OTC: MKGAF ) (OTC: MKKGY ) has regained exclusive worldwide rights to develop, manufacture, and commercialize its checkpoint blocker Bavencio (avelumab) from Pfizer Inc (NYSE: PFE ). The news comes just a few weeks after Pfizer announced plans to buy antibody-drug conjugate (ADC) … Full story available on

Benzinga - 3/27/2023 1:23:19 PM More News for PFE
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Walmart Will Host Investment Community Meeting Next Week, Morgan Stanley's Bullish Analyst Has High Hopes

Morgan Stanley analyst Simeon Gutman reiterated an Overweight rating on Walmart Inc (NYSE: WMT ) with a price target of $160 . Gutman highlights that Walmart is hosting an Investment Community Meeting on April 4-5. In his view, EPS visibility is solid; he estimates 45 bps of gross margin "conservatism" in WMT"s FY24 guide in a March 26 note titled " Walmart Inc: It's Showtime." Also Read: Walmart Starts Making Inroads In Amazon's Forte By Transforming Business Model; Targets Affluent Customers The stock has … Full story available on

Benzinga - 3/27/2023 1:17:51 PM More News for WMT
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Related Stocks: AMZN,WMT

Sen. Duckworth calls on FTC to investigate AmerisourceBergen over abortion pill

Sen. Tammy Duckworth is asking the FTC to look into AmerisourceBergen amid reports it will hold back on sales of the abortion pill mifepristone. Read more here....

Seeking Alpha - 3/27/2023 1:11:17 PM More News for ABC
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Class Action Lawsuit Filed on Behalf of Stanley Black & Decker, Inc. (SWK) Investors - Holzer & Holzer, LLC Encourages Investors With Significant Losses to Contact the Firm


Holzer & Holzer, LLC informs investors that a class action lawsuit has been filed against Stanley Black & Decker, Inc. (“Stanley” or the “Company”) (NYSE:SWK). The lawsuit alleges Stanley made materially false and/or misleading statements and/or failed to disclose material adverse facts about the Company’s business, operations, and prospects, including (i) rising interest rates, inflation, and trends in returning to work away from home were quickly eroding then-heightened demand for Stanley’s tools and outdoor products; (ii) the heightened, extraordinary demand Stanley enjoyed as a result of the COVID-19 pandemic in 2021 into 2022 was returning to 2019 pre-pandemic levels; (iii) Stanley’s operations were already showing signs of slowing demand; (iv) as a result of reorganization, share repurchasing, and dividend growth, Stanley lacked the cash to react with agility to changes in demand; and (v) as a result of Stanley’s inability to react to a sharp decline in demand, the Company’s results and metrics, particularly sales volume, were severely negatively impacted....

GlobeNewswire - 3/27/2023 1:07:00 PM More News for SWK
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FedEx Corporation: Rise Against Hunger Food Packets Contribute To Better School Attendance

NORTHAMPTON, MA / ACCESSWIRE / March 27, 2023 / The security situation in Eastern Niger is still volatile and unpredictable. The region of Diffa, bordering Northern Nigeria remains in a state of em…...

Finanz Nachrichten - 3/27/2023 1:02:00 PM More News for FDX
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Related Stocks: FDX

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ON Semiconductor leads chips lower as sector awaits Micron results

ON Semiconductor (ON) led semiconductor stocks lower on Monday, with the sector broadly in the red, as the wider industry awaited Micron Technology's (MU) latest quarterly…...

Seeking Alpha - 3/27/2023 1:00:02 PM More News for MU
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Related Stocks: MU,ON

Scottish city demands to see MSNBC anchor Stephanie Ruhle's emails with Under Armour founder in legal feud

A Scottish city council has demanded emails between MSNBC anchor Stephanie Ruhle and Under Armour founder Kevin Plank be released as part of an ongoing lawsuit....

Fox News - 3/27/2023 12:55:59 PM More News for UA
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Related Stocks: UA,UAA

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Competition Commission clears proposed JM Baxi Ports deal with HAL

Competition Commission has cleared the proposed acquisition of certain shareholding of JM Baxi Ports and Logistics Ltd by Germany's HLAG. The acquisition would be done by HL Terminal Holding B.V., a wholly-owned subsidiary of Hapag Lloyd Aktiengesellschaft. JM Baxi Ports is a private terminal and inland transport service provider in India. In a release on Monday, Competition Commission of India (CCI) said it has given the approval for the acquisition of shareholding of JM Baxi Ports HL Terminal Holding B.V. The acquiring entity has been set up to serve as a strategic/investment holding company for the port terminal business of HLAG. HLAG is the parent company of the acquirer group, which is headquartered in Germany. It is active in the maritime sector. Separately, CCI has given its nod for the acquisition of share capital of NSPIRA Management Services Pvt Ltd by three individuals

Puneet Kothapa, Ponguru Sindhura and Ponguru Sharani. Currently, the acquirers collectively hold...

Business Standard - 3/27/2023 12:49:00 PM More News for CCI
Stock Analysis for CCI

Related Stocks: CCI

Computer Industry Mourns Death of Intel Co-Founder Gordon Moore

Moore’s Law famously predicted the number of transistors on a circuit would double every two years....

Channel Futures - 3/27/2023 12:47:21 PM More News for INTC
Stock Analysis for INTC

Related Stocks: INTC,INCO-BB

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United Airlines launches nonstop service between New York/Newark and Dubai

DUBAI, 27th March, 2023 (WAM) - United Airlines has launched a new nonstop daily service between its New York/Newark hub and Dubai International (DXB). United is the only U.S. airline to offer non-stop flights between Dubai and the United States, flying to more destinations in the Middle East than any oth...

Big News Network - 3/27/2023 12:43:00 PM More News for UAL
Stock Analysis for UAL

Related Stocks: UAL

Twitter celebs balk at paying Elon Musk for blue check mark

William Shatner, Monica Lewinsky and other prolific Twitter commentators — some household names, others little-known journalists — could soon be losing the blue check marks that helped verify their identity on the social media platform. They could get the marks back by paying up to $11 a month. But some longtime users, including 92-year-old Star Trek legend Shatner, have balked at buying the premium service championed by Twitter’s billionaire owner and chief executive Elon Musk. After months of delay, Musk is gleefully promising that Friday is the deadline for celebrities, journalists and others who’d been verified for free to pony up or lose their legacy status. “It will be glorious,” he tweeted Monday, in response to a Twitter user who noted that Friday is also April Fools Day. After buying Twitter for $44 billion in October, Musk has been trying to boost the struggling platform’s revenue by pushing more people to pay for a premium subscription. But his move also reflects his assertion that the blue verification marks have become an undeserved or “corrupt” status symbol for elite personalities....

WNYT - 3/27/2023 12:39:45 PM More News for LLY
Stock Analysis for LLY


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Why Shares in General Electric Beat the Market Today

The industrial giant received some good commentary on its end markets

and analysts were talking about a rival company....

The Motley Fool - 3/27/2023 12:39:38 PM More News for GE
Stock Analysis for GE

Related Stocks: GE,GNE-FP,GEOO34-BS

Thinking of Buying Vornado Realty?; Here Are The Properties And Tenants You'd Be Adding To Your Portfolio

Vornado Realty Trust (NYSE: VNO ) is a diversified office, retail, apartment and advertising real estate investment trust (REIT) with a large presence in New York City, as well as Chicago and San Francisco. A member of the S&P Midcap 400, Vornado Realty was founded in 1959 and has been listed on the NYSE since 1962. Vornado Realty owns and operates over 26 million square feet of LEED-certified buildings. Vornado Realty has nearly 20 million square feet of office space in its New York City portfolio. Its tenants are well-known companies, including Meta, IPG and Affiliates, Google, Bloomberg, Verizon, Neuberger Berman and Amazon. Almost 90% of its net operating income is derived from its New York City properties. Vornado Realty also has several properties in other cities, such as Chicago and San Francisco. Some of its Chicago tenants include Yelp, Conagra, PayPal, Motorola and All State. In San Francisco, the 30,000 of rentable square feet in the 52-floor building at 555 California Street is occupied by companies such as Microsoft, Morgan Stanley, UBS, Bank of America and Starbucks....

Benzinga - 3/27/2023 12:38:30 PM More News for CAG
Stock Analysis for CAG


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If You Invested $10K In American Tower 5 years Ago, Here's How Much You Would Be Making In Dividends Today

Investors searching for solid dividend stocks often look at a company’s dividend growth history as a guide to what to expect in the future. A company with a solid dividend growth history proves its ability to generate consistent earnings and gives an investor confidence that the dividend yield could continue to increase over time. When it comes to real estate investment trusts (REITs), many of the better ones will raise dividends perhaps once or twice per year. But consider one REIT that has demonstrated a superior ability to grow its dividend over time by remarkably increasing its dividend quarter after quarter. American Tower Corp. (NYSE: AMT ) is a Boston-based specialty REIT that calls itself “a global leader in wireless infrastructure.” Founded in 1995, American Tower owns, operates and develops wireless and broadcast communications real estate. Most of its business is leasing space on wireless and broadcast towers. American Tower has a presence in 225,000 global communication sites across 26 countries on six continents....

Benzinga - 3/27/2023 12:33:13 PM More News for AMT
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Related Stocks: AMT

Analyst Lowers Boom On Hotel REITs: What's Going On?

One of the most interesting things about the U.S. stock market is how quickly sentiment can change on individual stocks or a sector in general, depending on recent news or their most recent performance. Yesterday’s winners can be today’s losers in the blink of an eye or vice versa. That was the case this week when one analyst decided to downgrade three real estate investment trusts (REITs) from the hotel subsector. All three REITs performed well for a while in early 2023 as the hotel subsector came roaring back from large total losses in 2022. Take a look at three hotel REITs that were downgraded this week by Compass Point Research & Trading analyst Floris van Dijkum and the share price losses that ensued. Apple Hospitality REIT Inc. (NYSE: APLE ) is a Richmond, Virginia-based hotel REIT, formed in 2007. It has a portfolio of approximately 29,000 rooms in 220 hotels in 87 markets across 37 states. Its portfolio includes 96 Marriotts, 119 Hiltons, four Hyatts and one independent hotel. ...

Benzinga - 3/27/2023 12:28:11 PM More News for HST
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Related Stocks: APLE,HST

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Gold Drops Over 1%; First Citizens BancShares Shares Spike Higher

U.S. stocks traded higher midway through trading, with the Dow Jones gaining over 100 points on Monday. The Dow traded up 0.42% to 32,372.55 while the NASDAQ rose 0.01% to 11,825.46. The S&P 500, also rose, gaining, 0.24% to 3,980.71. Check This Out: Wall Street's Most Accurate Analysts Say Hold These 3 Health Care Stocks With Over 3% Dividend Yields Leading and Lagging Sectors Financials shares jumped by 0.9% on Monday. Meanwhile, top gainers in the sector included Communication Services (NASDAQ: FCNCA ), up 46%, and Communication Services (NYSE: FRC ), up 13%. In trading on Monday, communication services shares fell by 0.6%. Top Headline The Dallas Fed manufacturing business index fell to -15.7 in March, versus prior reading of -13.5. Equities Trading UP First Citizens BancShares, Inc. (NASDAQ: FCNCA ) shares shot up 46% to $853.33 after First-Citizens Bank & Trust Company entered an agreement to purchase all deposits and loans of Silicon Valley Bank. Shares of Crown ElectroKinetics Corp. (NASDAQ: CRKN ) got a boost, shooting 45% to $0.2290 after the company announced its optics division added a third customer, expanding its US presence....

Benzinga - 3/27/2023 12:15:24 PM More News for FRC
Stock Analysis for FRC


Wall Street Loves AI: Goldman Expects A Shocking $7 Trillion Boost In Global GDP And Raises Targets For MSFT, CRM, ADBE

Goldman Sachs Research predicted widespread use of artificial intelligence (AI) will result in strong productivity gains and stronger long-term economic growth. According to the Goldman Sachs Macro team, AI adoption could create about $7 trillion in global economic growth over a 10-year period, comparable to a 7% increase in annual global GDP. After cloud computing, the next wave of innovation and monetization in corporate software will be driven by generative AI, according to the experts. While generative AI is still in its early stages, it has already made quite an impression on consumers with its human-like answers and capacity to generate original content. During business earnings calls, Goldman Sachs noted management teams are more focused on AI's opportunities and … Full story available on

Benzinga - 3/27/2023 12:01:37 PM More News for ADBE
Stock Analysis for ADBE


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Lululemon keeps driving customers to its stores despite tough economy, research says

Lululemon will report fiscal fourth-quarter results after market close Tuesday....

MarketWatch - 3/27/2023 12:01:00 PM More News for LULU
Stock Analysis for LULU

Related Stocks: LULU

PNC Financial: The Regional Leader In The Banking Crisis

In March, PNC Financial outperformed its peers in the iShares Regional Banks ETF. Click here to read our analysis and why we think PNC stock is a buy....

Seeking Alpha - 3/27/2023 12:00:00 PM More News for PNC
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