Large Cap Archives - Page 51 of 437

1 minute read

Quest Diagnostics Says Sales In Q1 Increased For The First Time Since The Height Of Pandemic

April 23, 12:44 PM

Latest financial insights from Quest Diagnostics. Q1 results beat estimates with adjusted EPS of $2.04 and sales of $2.34 billion, showcasing nearly 6% base business revenue growth.

DGX

1 minute read

What’s Going On With Food Processing Company Archer-Daniels-Midland Shares Today?

By Lekha Gupta

April 23, 12:31 PM

ADM shares down as CFO Vikram Luthar resigns effective Sept. 30, 2024. Luthar to receive $743K incentive for 2023 and remain as non-executive until then.

ADM

1 minute read

Why Homebuilder PulteGroup Shares Are Higher Today

By Lekha Gupta

April 23, 10:38 AM

PulteGroup (PHM) reported Q1 FY24 results, with revenue at $3.95B, beating expectations. Home sale revenue rose 10% and gross margin increased by 50bps. Net new orders increased 14% and EPS rose 32%.

ITB

1 minute read

Why Is Life Science-Focused Danaher Trading Higher On Tuesday?

By Vandana Singh

April 23, 10:13 AM

Danaher Corp's Q1 sales beat expectations despite a Y/Y decrease. Rainer Blair, CEO, highlights strong revenue, earnings, and cash flow. Biotech sales dip, while life sciences and diagnostics segments see slight growth. Q2 sales are expected to decline.

DHR

2 minute read

Novartis Stock Gains On European Drugmaker’s Q1 Earnings Surprise, Lifts Annual Outlook

By Vandana Singh

April 23, 8:25 AM

Discover Novartis' Q1 EPS soars 17% to $1.80, surpassing estimates. Sales hit $11.83B, up 10%. Entresto sales surge 36%, Cosentyx up 25%. CEO Vas Narasimhan bullish on mid & long-term growth.

BMY

1 minute read

UPS Delivers Mixed Bag Of Q1 Results, Maintains Guidance Despite Lower Volumes

By Lekha Gupta

April 23, 8:08 AM

UPS reported Q1 FY24 results with revenue of $21.7B, adjusted EPS of $1.43, and reaffirmed 2024 outlook.

IYT

2 minute read

Double Play in Asia: TotalEnergies Expands Gas Portfolio in Malaysia and Oman

By Lekha Gupta

April 23, 7:07 AM

TotalEnergies to acquire 50% stake in SapuraOMV for $530M, becoming major gas operator in Malaysia. Also partners with Oman LNG for LNG supply and solar project.

EIPX

2 minute read

Nasdaq 100 Breaks 3-Day Losing Streak As Tech Stocks Rebound Ahead Of Earnings Week

By Piero Cingari

April 22, 4:28 PM

Tech stocks rebound as Nasdaq 100 gains 1.5% and prepares for big earnings week from giants like Tesla, Microsoft, and Alphabet. UBS cautions on sector.

AAPL

1 minute read

Geopolitical Relief Triggers Gold Selloff: Prices Dip Below $2,350 Mark, Mining Stocks Hit Hard

By Piero Cingari

April 22, 4:07 PM

Gold prices declined 2.7% in NY due to reduced geopolitical risks. Silver also fell 5.1%. Israeli officials averted a US-backed counterstrike on Iran, easing tensions. Gains were pared as Iran downplayed strikes and traders await key economic data. Mining stocks also dropped, with GDX and SIL falling over 3%.

1 minute read

UnitedHealth CEO To Testify Before US House Panel Regarding Cyberattack On Technology Unit

By Vandana Singh

April 22, 2:35 PM

Discover insights into the impact of the cyberattack on UnitedHealth Group's Change Healthcare subsidiary. CEO Andrew Witty will testify before the U.S. House subcommittee on May 1.

UNH