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Trump Media, Mcdonald's, Starbucks, Philip Morris, And Tesla: Why These 5 Stocks Are On Investors' Radars Today
Tuesday, October 22, 2024 - 9:49pm | 587On Tuesday, U.S. markets closed with mixed results. The Dow Jones Industrial Average remained nearly unchanged at 42,924.89, while the S&P 500 slipped slightly by 0.05% to 5,851.20. The Nasdaq, however, gained 0.2%, finishing at 18,573.13. Despite the overall market performance, certain stocks...
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Cannabis Industry's Capital Crunch: Why It Needs More Funds Than Other Industries, Will Fed Legalization Change This?
Tuesday, August 29, 2023 - 3:46pm | 1207Recent research conducted by Viridian Capital Advisors reveals that the cannabis sector requires more capital as compared to other similar industries. The findings offer a unique perspective into the challenges the cannabis industry faces, especially considering the potential for federal...
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Tobacco Giant Philip Morris Partners With KT&G As Part Of Its 'Smoke-Free Future' Agenda
Wednesday, January 29, 2020 - 4:30am | 318Switzerland-based tobacco company Philip Morris International Inc. (NYSE: PM) has announced its partnership with South Korea's KT&G Corporation's (OTC: KTCIF) and its plans to distribute vape products outside the country. What Happened The tobacco giant, best known for its...
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Wells Fargo Likes Altria's Move To Counter Declining Cigarette Sales With Price Hikes
Monday, June 17, 2019 - 12:20pm | 463Wells Fargo likes Altria Group Inc (NYSE: MO)’s willingness to use price increases to offset pressure from declining volume in cigarette sales. The Analyst Wells Fargo’s Bonnie Herzog reiterated an Outperform rating on Altria with a $65 price target. The Thesis The biggest question...
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Benzinga's Bulls & Bears Of The Week: AbbVie, Netflix, Philip Morris, Wells Fargo And More
Sunday, July 22, 2018 - 5:24pm | 806Benzinga has featured looks at many investor favorite stocks over the past week. Bullish calls included a leading big bank and an video streaming giant. Bearish calls included giants in tobacco and social media. The new earnings reporting season has gotten off to a strong start, offsetting the...
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Earnings Expectations For The Week Of July 14: Big Banks, Tech Giants And More
Monday, July 14, 2014 - 6:54am | 1131After Alcoa (NYSE: AA) and Wells Fargo (NYSE: WFC) kicked off the second-quarter earnings season last week, things ramp up this week with reports from many of the big banks, some tech giants and other blue-chips. Citigroup (NYSE: C), Goldman Sachs (NYSE: GS) and J.P. Morgan (NYSE: JPM) get...
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Earnings Expectations For The Week Of April 14: Coca-Cola, Goldman Sachs, Google And More
Monday, April 14, 2014 - 6:33am | 999The new earnings season kicks into high gear this shortened week. Highlights will include quarterly reports from Bank of America, Citigroup and Goldman Sachs, from Intel and IBM, and from Coca-Cola, which are all expected to post earnings declines, as well as from Google and Johnson & Johnson...
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Barron's Recap: Seeking Higher Returns
Sunday, September 15, 2013 - 12:15pm | 920This weekend in Barron's online: why wealthy investors are taking on more risk, as well as the prospects for Barrick Gold, Scripps Networks Interactive, Computer Sciences and CST Brands. Cover Story "Seeking Higher Returns" by Karen Hube. Top wealth-management firms are urging investors to leave...
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Earnings Expectations for the Week of July 15
Sunday, July 14, 2013 - 8:43pm | 1120The earnings season ramps up this week, providing plenty of perspective on how the financial and technology sectors fared in the second quarter. Bank of America (NYSE: BAC), Citigroup (NYSE: C), Goldman Sachs (NYSE: GS), Google (NASDAQ: GOOG), Intel (NYSE: INTC), Microsoft (NASDAQ: MSFT) and many...
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Earnings Expectations for the Week of October 15
Monday, October 15, 2012 - 6:54am | 1457The earnings crunch gets underway this week, with big names in the financial, technology, consumer goods and other sectors on tap to share their most recent quarterly results. Among those expected to post the biggest year-over-year gains in earnings are Abbott Labs (NYSE: ABT), BlackRock (NYSE: BLK...
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Earnings Expectations for the Week of July 16
Monday, July 16, 2012 - 9:02am | 1081The earnings crunch ramps up this week. The many quarterly reports on the schedule ought to provide a good overview of several sectors, and the feared slump in earnings should make itself felt if it is going to. The financial sector will be highlighted by results from the likes of American...
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Earnings Expectations for the Week of July 18
Sunday, July 17, 2011 - 9:18am | 1316Earnings season ramps up this week with quarterly reports due from the likes of tech companies such as IBM (NYSE: IBM) and Microsoft (NASDAQ: MSFT), big banks such as Wells Fargo (NYSE: WFC) and Bank of America (NYSE: BAC), and consumer goods giants such as PepsiCo (NYSE: PEP) and Johnson &...
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Morgan Stanley Maintains Overweight on Philip Morris International
Tuesday, July 12, 2011 - 8:01am | 87Morgan Stanley is out with its report today on Philip Morris International (NYSE: PM), maintaining Overweight. In a note to clients, Morgan Stanley writes, "Despite industry volume headwinds and moderate regulatory concerns, we remain confident in PM's underlying outlook given its: (i) Superior...
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Six Tobacco Stocks Near 52-Week Highs
Thursday, June 2, 2011 - 3:37pm | 793Investors looking for a defensive play, and who don't have an issue with so-called sin stocks, might be considering tobacco stocks about now. By and large, tobacco stocks continue to perform strongly, despite years of lawsuits, taxation and general disdain from the public. And some of them have the...
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Morgan Stanley Reiterates Overweight on Philip Morris International (PM)
Wednesday, May 18, 2011 - 7:42am | 115Morgan Stanley is out with its report today on Philip Morris International (NYSE: PM), reiterating Overweight. In a note to clients, Morgan Stanley writes, "Despite PM's exposure to a number of challenging international cigarette markets, our analysis of overall industry volume dynamics suggests...