Large Cap Archives - Page 123 of 437

1 minute read

Why Indian IT Major Wipro Shares Are Higher Today

January 12, 11:20 AM

Wipro reports Q3 FY24 results with revenue down 1.4% Q/Q. EPS meets consensus. Wipro's Q4 IT Services business segment outlook translates to sequential guidance of -1.5% to +0.5% in constant currency terms.

WIT

2 minute read

FDA Identifies ResMed’s Recall Of Certain Ventilator Device Masks With Magnets As Most Serious

By Vandana Singh

January 12, 11:07 AM

ResMed (NYSE: RMD) recalls certain respiratory masks with magnets due to potential interference with medical devices. FDA Class I recall.

RMD

2 minute read

Wells Fargo’s 2023 Profit Rises 9% Buoyed By Higher Interest Rates, But Warns Lower Net Interest Income For 2024

By Vandana Singh

January 12, 10:05 AM

Wells Fargo's Q4 2023 highlights: $3.45B net income (up 9% YY), $0.86 EPS, beating consensus, and $20.48B revenue EO outlook on credit and economic factors

WFC

3 minute read

Fitness In 2024: If You’re Going To ‘Just Do It’ — Do It Together

By Neil Dennis

January 12, 10:00 AM

Invest in fitness trends like HIIT, gym memberships, and home fitness brands like Peloton and Nike. Improve commitment and motivation with training partners.

FXLV

2 minute read

JPMorgan Q4 Earnings Shine, Sees Strong FY24 NII But Warns Of Potential Risks

By Lekha Gupta

January 12, 9:55 AM

JPMorgan Chase reports strong Q4 performance with net revenue of $39.9B, beating consensus of $39.8B. The bank expects continued growth but warns of inflation and downside risks.

JPM

2 minute read

Investment Giant BlackRock’s Strong Finish To 2023: Dividend Boost, Accretive Acquisition & More

By Lekha Gupta

January 12, 8:41 AM

BlackRock (BLK) reported Q4 FY23 revenue growth of 7% Y/Y. Adjusted EPS beat estimates at $9.66. BlackRock also agreed to acquire independent infrastructure fund manager Global Infrastructure Partners.

BLK

2 minute read

International Flavors & Fragrances Shares Are Up: Here’s Details

By Lekha Gupta

January 12, 6:41 AM

IFF appoints J. Erik Fyrwald as CEO, reaffirms FY23 guidance, and continues portfolio optimization initiatives.

IFF

1 minute read

Goldman Sachs Finds Mastercard Shining In 2024 Despite Weak Industry Outlook

By Lekha Gupta

January 11, 4:44 PM

Goldman Sachs analyst raised the price target for Mastercard Inc (NYSE: MA) to $482 (from $433) and

2 minute read

Boeing Shares Drop Further After US Aviation Regulator Opens Investigation

By Neil Dennis

January 11, 4:20 PM

Boeing share price fell 1.7% on Thursday, Jan. 11, extending its losses since Friday, Jan. 5 to nearly 10%.

ALK

1 minute read

Novartis Retreats From Cytokinetics Deal, Dashing Hopes For Multi-Billion Dollar Acquisition

By Vandana Singh

January 11, 3:22 PM

Novartis AG (NYSE: NVS) has decided to step back from pursuing the Cytokinetics Inc (NASDAQ: CYTK) acquisition, dealing a blow to the potential deal with the

CYTK