Philip Morris Closes Up Over 10%, Sees New Record High — Data Talk Update
--Traded as high as $131.97; new all-time intraday high (Based on available data back to March 17, 2008) --Up 10.94% at today's intraday high; largest intraday percent increase since Nov. 24, 2008, ...
Traders' enthusiasm for stocks returns to level seen just before 10% drop last year
Rising Treasury yields, which appeared to spook the market on Monday, have revived some chatter about a possible repeat of the 2023 selloff that drove the S&P 500 down 10% beginning in August and didn ...
An activist investor reportedly wants Cheesecake Factory to split up. Analysts say it doesn't need to.
Shares of Cheesecake Factory Inc. got a lift after hours on Monday after the Wall Street Journal reported that an activist investor is pressing the casual-dining chain to spin off a handful of its ...
Recent Acquisition Activity Supports Robust Growth at Quest Diagnostics
Quest Diagnostics is a leading provider of independent diagnostic testing in the United States thanks to its network of roughly 2,300 patient service centers across the country. We think its size and ...
Starbucks Suspends Guidance After Sales Slump Persists
Starbucks needs a dramatic overhaul to reverse sliding sales, the coffee chain's new chief executive said after the company reported that its sales slump persisted and suspended its guidance.
Texas Instruments earnings show some improvements, despite weak industrial sales
Texas Instruments (TXN), seen as a bellwether for the semiconductor industry in part because of its early reporting date, saw sequential declines in its industrial business but sequential growth in ...
Canadian National Railway Posts Higher Revenue, Lower Profit in 3Q
For the year, Canadian National backed its adjusted per-share earnings outlook for growth in the low-single digit range. It plans to invest C$3.5 billion in its capital program and guided for an ...
NASDAQ Composite Rises 0.18% to 18573.13, Second Highest Close Ever — Data Talk
The NASDAQ Composite Index is up 33.12 points or 0.18% today to 18573.13 --Largest five-day point and percentage gain since Monday, Oct. 14, 2024 --Longest winning streak since Friday, Sept. 13, 2024, ...
McDonald's stock plunges as Quarter Pounders linked to E. coli outbreak, CDC says
The Centers for Disease Control and Prevention said late Tuesday it is investigating an outbreak of E. coli linked to McDonald's Corp. Quarter Pounder burgers that has killed one person and ...
Starbucks Raises Quarterly Cash Dividend to 61 Cents per Share
Starbucks said Tuesday its board has approved an increase to the company's quarterly cash dividend, raising it to 61 cents per share from 57 cents. The new dividend will be payable on Nov. 29 to ...
Pentair Drives Impressive Margin Expansion Through Price Attainment and Transformation Initiatives
In 2022, Pentair announced an agreement to acquire Manitowoc Ice from Welbilt for roughly $1.6 billion. Manitowoc Ice is a leading producer of commercial ice makers, with roughly 50% market share of ...