Good MorningThe earnings-driven rebound continued on Wednesday with all of the major indices moving up more than 0.5%. The Blue Chip Dow Jones Industrial Average led the day on strength in shares of Coca-Cola. The global beverage giant reported better than expected earnings and guided the market higher driving to stock up more than 3% at the high of the day.
Thursday's action may see a continuation of this trend due to reports released after the bell on Wednesday and before the open on Thursday. Among them is consumer products giant Whirlpool who is expected to report robust year-over-year gains and another increase to an already ballooning backlog. The risk for Whirlpool, and the market, is that systemic shortages of raw materials and shipping capacity may cut into the top and bottom-line results.
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Markets | | | Investors shouldn't expect Nucor to continue to deliver 120% year-over-year growth. But as a stock to anchor their portfolio, they could do worse than NUE stock which provides consistent growth and a rock-solid dividend. Read the Full Story |
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Markets | | | Johnson & Johnson’s second-quarter profit soared 73%, thanks to strong sales growth, particularly in its medical device and diagnostics segment, as hospitals and the health care industry as a whole continue recovering from the coronavirus pandemic Read the Full Story |
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Markets | | | Coca-Cola Co.'s sales rebounded faster than expected as the impact of the pandemic abated.
The Atlanta-based soft drink giant said its revenue jumped 42% to $10.1 billion in the April-June period. That was well ahead of the $9.3 billion in sales that Wall Street had forecast, accordin... Read the Full Story |
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Markets | | | Several companies that just delivered strong earnings results are certainly worth adding to your watch list going forward, which is why we’ve prepared a brief overview of a few standouts below. Let’s take a look at 3 post-earnings plays to buy now. Read the Full Story |
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Politics | | | Pacific Gas & Electric plans to bury 10,000 miles of its power lines in an effort to prevent its fraying grid from sparking wildfires when electrical equipment collides with millions of trees and other vegetation Read the Full Story |
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Politics | | | Pacific Gas & Electric plans to bury 10,000 miles of its power lines in an effort to prevent its fraying grid from sparking wildfires when electrical equipment collides with millions of trees and other vegetation Read the Full Story |
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Stocks | | | Long-term care and mortgage Insurer Genworth Financial (NYSE: GNW) stock has been in a sharp downtrend along with the rest of the peers stocks in the mortgage insurance sector. The U.S. mortgage insurance business division named Enact was originally scheduled to IPO in the $22 to $24 price range but... Read the Full Story |
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Politics | | | As a $26 billion settlement over the toll of opioids looms, some public health experts are citing the 1998 agreement with tobacco companies as a cautionary tale of runaway government spending and missed opportunities for saving more lives.
Mere fractions of the $200 billion-plus tobac... Read the Full Story |
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Markets | | | Knight-Swift Transportation (NYSE: KNX) is one of the nation's largest trucking outfits and one bent on growth. The company has been actively acquiring businesses across the country for the past few years and that can be seen in the revenue. Read the Full Story |
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Markets | | |
You've probably gotten a tuition bill from your child's college or university at this point if they will return to college in the fall.
First-time college-bound families may look at this daunting bill as a major you may wonder what strategic moves you can make, tax-wise, when opening your c... Read the Full Story |
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The Early Bird Stock Of The Day Microsoft Corporation develops and supports software, services, devices and solutions worldwide. The Productivity and Business Processes segment offers office, exchange, SharePoint, Microsoft Teams, office 365 Security and Compliance, Microsoft viva, and Microsoft 365 copilot; and office consumer services, such as Microsoft 365 consumer subscriptions, Office licensed on-premises, and other office services. This segment also provides LinkedIn; and dynamics business solutions, including Dynamics 365, a set of intelligent, cloud-based applications across ERP, CRM, power apps, and power automate; and on-premises ERP and CRM applications. The Intelligent Cloud segment offers server products and cloud services, such as azure and other cloud services; SQL and windows server, visual studio, system center, and related client access licenses, as well as nuance and GitHub; and enterprise services including enterprise support services, industry solutions, and nuance professional services. The More Personal Computing segment offers Windows, including windows OEM licensing and other non-volume licensing of the Windows operating system; Windows commercial comprising volume licensing of the Windows operating system, windows cloud services, and other Windows commercial offerings; patent licensing; and windows Internet of Things; and devices, such as surface, HoloLens, and PC accessories. Additionally, this segment provides gaming, which includes Xbox hardware and content, and first- and third-party content; Xbox game pass and other subscriptions, cloud gaming, advertising, third-party disc royalties, and other cloud services; and search and news advertising, which includes Bing, Microsoft News and Edge, and third-party affiliates. The company sells its products through OEMs, distributors, and resellers; and directly through digital marketplaces, online, and retail stores. The company was founded in 1975 and is headquartered in Redmond, Washington. | | View Today's Stock Pick |
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