Pfizer, a health-care giant, is one of the attractive dividend stocks according to top Wall Street analysts. The company managed to announce better-than-expected second-quarter results, thanks to its cost-cutting initiatives and solid sales of non-Covid products. With a dividend yield of 5.9%, Pfizer returned $4.8 billion to shareholders through dividends in the first six months
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Mega events like the Olympic Games and major concerts have a significant impact on consumer prices in terms of hotel bookings, airline tickets, and other goods and services. However, according to UBS, most French consumers are unlikely to feel the pinch of these price surges despite the surge in demand for accommodations and other services.
Paramount Global is currently in the process of cutting 15% of its U.S. workforce, equating to around 2,000 jobs. These job cuts are part of a broader cost-cutting plan that the company is implementing as it prepares for a merger with Skydance Media. In order to achieve cost savings, Paramount has identified $500 million in
Restaurant Brands International recently reported a strong quarterly revenue that beat analysts’ expectations, driven by the impressive performance of Tim Hortons and the company’s international restaurants. However, CEO Josh Kobza acknowledged that they were hoping for even better results in terms of overall top-line performance. Despite this, they managed to outperform key competitors in several
Under Armour recently announced its fiscal first quarter results, revealing that its revenue had fallen across the board. However, the athletic apparel retailer managed to outperform Wall Street’s expectations, leading to a surge in its stock price. The company reported earnings per share of 1 cent adjusted, beating the estimated loss of 8 cents, and
The stock market is a dynamic and ever-changing landscape, with opportunities and risks constantly presenting themselves to investors. Recent reports indicate that major players like E.l.f. Beauty, Paramount Global, and Sweetgreen have all seen significant movements in their stock prices, both during regular trading hours and after hours. It is crucial for investors to stay
E.l.f. Beauty continues to impress with its remarkable growth story, surpassing quarterly estimates once again. The cosmetics retailer reported a substantial 50% increase in sales, reaching $324.5 million in its fiscal first quarter. CEO Tarang Amin highlighted that the company experienced growth across all categories, with the Bronzing Drops serum quickly becoming a best seller
Eli Lilly recently announced their second-quarter earnings and revenue, surpassing expectations and prompting a significant increase in their full-year revenue outlook. The success was attributed to the soaring sales of their blockbuster diabetes drug, Mounjaro, and weight loss injection, Zepbound. As a result, the company’s shares surged by more than 7% following the announcement, indicating
The narrative surrounding Disney’s media business has shifted drastically in recent years. What was once seen as a financial burden on the company has now turned into a profitable venture. The combined streaming services of Disney, including Disney+, Hulu, and ESPN+, have finally turned a quarterly profit, making $47 million. This is a remarkable improvement
Yum Brands recently reported a quarter filled with ups and downs. While the company’s earnings per share beat Wall Street expectations at $1.35 adjusted versus $1.33 expected, revenue fell short at $1.76 billion compared to the $1.8 billion that was anticipated. The biggest challenge for Yum Brands came in the form of declining same-store sales