Large Cap Archives - Page 332 of 437

2 minute read

Novartis Says Relapsing Multiple Sclerosis Patients Remained Free From Disease Progression For Up Five Years With Kesimpta Treatment

April 20, 8:12 AM

Novartis AG (NYSE:NVS) announced new long-term data from the ALITHIOS open-label extension study of Kesimpta (ofatumumab) for relapsing multiple sclerosis patients.…

NVS

1 minute read

Crown Castle Q1 Highlights: Revenue Beat, Site Rental Revenues Up 3%, Reiterates FY23 Guidance

By Lekha Gupta

April 20, 6:20 AM

Crown Castle Inc (NYSE:CCI) reported Q1 revenues of $1.77 billion, beating the consensus of $1.76 billion. Site rental revenues rose…

CCI

1 minute read

Analyst Resumes Coverage On Splunk On Strong Fundamentals

By Lekha Gupta

April 19, 2:49 PM

William Blair analyst Jonathan Ho reinitiated coverage on Splunk Inc (NASDAQ:SPLK) with an Outperform rating. The analyst sees significant growth opportunities for…

SPLK

1 minute read

Hospital Facilities To Face Slower Earnings Growth In 2023, Analyst Says While Initiating Coverage On Two Large Stocks

By Vandana Singh

April 19, 1:50 PM

J.P. Morgan initiated coverage on Universal Health Services Inc (NYSE:UHS) with a Neutral rating and a price target of $133 and Tenet Healthcare…

HCA

1 minute read

Lululemon Is Exploring Sale of Mirror Unit Bought in 2020 To Competitor: Report

By Lekha Gupta

April 19, 9:45 AM

Lululemon Athletica Inc (NASDAQ:LULU) seeks to sell its at-home fitness business, Mirror, which it bought in 2020. The company approached…

LULU

4 minute read

Meta Prepares For Further Job Cuts, Google To Allow Developers To Use Alternative Payment Options, Intel Ditches Production Of Bitcoin Mining Chip: Today’s Top Stories

By Vandana Singh

April 19, 9:34 AM

Bloomberg

AAPL

1 minute read

Why Abbott Laboratories Shares Are Trading Higher Today?

By Vandana Singh

April 19, 9:09 AM

Abbott Laboratories (NYSE:ABT) has reported Q1 FY23 adjusted EPS of $1.03, down 40.5% Y/Y, better than the consensus of $0.99.…

ABT

2 minute read

Citizens Financial Q1 Highlights: Earnings Miss, NII Up 43% Y/Y, Provision For Credit Losses $168M

By Lekha Gupta

April 19, 7:36 AM

Citizens Financial Group (NYSE:CFG) reported Q1 revenue of $2.13 billion, up 29% Y/Y, below the consensus of $2.14 billion. Underlying…

CFG

1 minute read

Brookfield Asset Management Is Fully Priced, Industry Fundamentals Shaky: Analyst Downgrades Stock

By Lekha Gupta

April 18, 3:06 PM

Keefe, Bruyetter & Woods analyst Michael Brown downgraded Brookfield Asset Management Ltd (NYSE:BAM) to Underperform from Market Perform and reduced the price…

BAM

1 minute read

First Solar Is Up 40% YTD, Has Reached Its Ceiling: Analyst Downgrades Stock

By Lekha Gupta

April 18, 1:47 PM

KeyBanc analyst Sophie Karp downgraded First Solar, Inc (NASDAQ:FSLR) to Sector Weight from Overweight following recent shares outperformance. FSLR’s shares are up around…

FSLR