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Stocks were mixed Monday as investors awaited quarterly results from an onslaught of major corporations across sectors, with consensus estimates pointing to a broad-based decline in earnings over last year.
These Auto Companies Are Set to Release Earnings This Week(Continued from Prior Part)Auto stocksThis month, most auto stocks have outperformed the broader market. Amid ongoing US-China trade negotiations, high expectations from the auto
Is Johnson & Johnson an Attractive Buy following Its Q1 Results?Revenue performance Johnson & Johnson (JNJ) reported its earnings results for the first quarter of 2019 on April 16. In its first-quarter earnings press release, the company
Bulls have been frustrated by airline stocks’ slow progress. That is because they’ve been valuing the stocks all wrong, Stifel says.
Patricio, a 52-year-old native of Portugal, will take over the top job in July after two decades at Anheuser-Busch InBev, where he rose to become the company's global head of marketing, building sales of beer brands Corona, Budweiser and others. Before AB InBev, Patricio worked at major consumer companies including Philip Morris, Coca-Cola Co and Johnson & Johnson.
Can Berkshire Hathaway Play Catch-Up with the S&P 500 This Year?Berkshire Hathaway Berkshire Hathaway (BRK-B) has an enviable long-term track record compared to the S&P 500 (SPY). Berkshire outperformed the S&P 500 by a wide margin of
Persisting Challenges Could Hurt Colgate-Palmolive in Q1(Continued from Prior Part)Consensus estimateColgate-Palmolive’s (CL) bottom line has stayed low and registered YoY (year-over-year) falls for the past two consecutive quarters despite a
Major U.S. stock indexes drifted sideways in afternoon trading Monday as a rally in energy companies was mostly held in check by broader declines elsewhere in the market. Energy sector stocks climbed along with the price of crude oil, which surged after the U.S. government moved to further block Iranian oil exports. The Trump administration said it will no longer exempt any countries from U.S. sanctions if they continue to buy Iranian oil, including China and Japan, the world's second and third largest economies.
Verizon has promised $1 million for new 5G service or product ideas. One analyst says that faster speeds alone won’t be enough to justify customer upgrades.
(KHC) on Monday named a new CEO, announcing that Miguel Patricio will succeed Bernardo Hees effective July 1. Who is Miguel Patricio? Here are three things you need to know about the newest chief of Kraft Heinz (ticker: KHC).
New Kraft Heinz CEO Miguel Patricio will have a long road ahead to turn around the consumer staples giant, which has seen its stock stumble amid a host of problems in recent months.
But it sounds more like an internal operating system for its hardware products than a potential rival for Alexa or Siri.
CenturyLink: What to Expect from Its Q1 Earnings(Continued from Prior Part)CenturyLink’s EBITDA growth For the first quarter, analysts expect that CenturyLink (CTL) will report an adjusted EBITDA of $2.21 billion. CenturyLink’s first-quarter
Key Macro Updates: Growth, Central Banks, and Earnings(Continued from Prior Part)Resilient earningsLast year, several observers raised concerns that corporate earnings growth could disappoint in 2019. However, so far, the first-quarter earnings
Kraft Heinz's Bernardo Hees is the latest CEO to announce his exit from a food company. Food brands are struggling to create growth on their own, saddled with off-trend products and losing share to upstart rivals. Kraft Heinz's KHC Bernardo Hees is the latest CEO to announce his exit from a food company, as the industry goes through unprecedented turnover and challenges.
PITTSBURGH (AP) — Kraft Heinz Co. has named a new CEO as it struggles to remain relevant amid changing American tastes.
Persisting Challenges Could Hurt Colgate-Palmolive in Q1(Continued from Prior Part)The consensus estimate for the first quarterColgate-Palmolive (CL) has failed to impress with its sales performance in the past several quarters. The company managed
FEATURE First-quarter earnings season picks up this week, with 143 S&P 500 constituents releasing results. Some of the U.S.’s most valuable technology companies report, including (MSFT) and (FB) on Wednesday and (AMZN) on Thursday.
Goldman Sachs Upgrades PepsiCo Stock after Strong Q1 Results(Continued from Prior Part)Margin improved in Q1 PepsiCo’s (PEP) gross margin expanded 87 basis points on a year-over-year basis to about 55.9% in the first quarter of 2019, which ended on
More than two dozen new cars, trucks, crossovers and concept vehicles are making their debut at this week's annual New York International Auto Show, the sort of rollout that would traditionally be expected to give a boost to the U.S. new car market. January and February saw sharp downturns in U.S. new vehicle sales, though many in the industry tried to downplay the poor showing by blaming the bad weather that spread across the country.
CenturyLink: What to Expect from Its Q1 Earnings(Continued from Prior Part)CenturyLink’s first-quarter revenues For the first quarter, analysts expect CenturyLink (CTL) to post total revenues of $5.71 billion, which represents an ~4.0% fall from
Will the T-Mobile–Sprint Merger Deal Survive?(Continued from Prior Part)T-Mobile is paying Dish customers to defect The launch of T-Mobile’s (TMUS) TVision streaming TV service this month shows that T-Mobile is moving to diversify its business