CVS Health Inc. is looking forward to the chance to meet tons of new shoppers in the coming months as it administers the COVID-19 vaccine, offering the pharmacy retailer a unique business opportunity. CVS has provided COVID-19 testing, with about 15 million tests administered at its 4,800 locations across the country, according to Karen Lynch, chief executive of CVS.
Korn Ferry reported a stronger profit in its latest quarter as it moved to cut costs. The executive recruitment company on Monday reported a profit attributable to the company of $51.3 million for its fiscal third quarter that ended Jan. 31, better than earnings of $20 million for the year-earlier period.
Entertainment company Discovery Inc. reported fourth-quarter net income of $271 million, or 42 cents per share, down from $476 million, or 67 cents per share, last year. Adjusted EPS of 76 cents beat the FactSet consensus for 71 cents. Total revenue of $2.89 billion was up from $2.87 billion last year and ahead of the FactSet consensus of $2.83 billion.
As index investing moves into the American mainstream, industry researchers point to a "blurring of the lines" between what can be considered as active and passive management. IFA defines index funds as mutual or exchange-traded funds that follow a set of rules of ownership which are held constant regardless of market conditions.
Shares of Royal Caribbean Group slipped 0.4% in premarket trading Monday, after the cruise operator swung to a narrower-than-expected loss but reported revenue that tumbled more than forecast, as cruises remain suspended given the COVID-19 pandemic. The net loss was $1.37 billion, or $6.09 a share, after net income of $273.1 million, or $1.30 a share, in the year-ago period.
Shares of Dish Network Corp. edged up 0.4% in premarket trading Monday, after the satellite TV company reported fourth-quarter profit and revenue that rose above expectations, although Pay-TV and Wireless subscribers declined. Net income increased to $733 million, or $1.24 a share, from $389 million, or 69 cents a share, in the year-ago period.
Gold contracts trading on Comex were headed higher Monday, shaking off a surge in government bond yields and leading some dealers to suggest that beaten-down bullion may be drawing safe-haven-like demand as investors appear momentarily rattled by the rise in borrowing costs across the globe.
Shares of Viatris Inc. VTRS, -11.56% tumbled 11.0% in premarket trading, to pace all of the S&P 500's SPX, -0.69% decliners ahead of the open, after the pharmaceutical and health care services company provided a downbeat 2021 revenue outlook, while saying it was initiating a dividend.
Actor Regé-Jean Page stars as the Duke of Hastings in the romantic Netflix series "Bridgerton." Page graced the "Saturday Night Live" stage with jokes about his heartthrob status.
Susquehanna analyst Christopher Rolland upped his price target on shares of Nvidia Corp. to $700 from $625 Monday, matching the highest price target among analysts surveyed by FactSet. His note comes ahead of Nvidia's Wednesday afternoon earnings report.
Just over 10% of S&P 500 companies are set to report financial results in the week ahead including travel and leisure companies, a big DIY retailer and some notable tech names. Here's a look at five key reports to keep an eye out for this upcoming week.
GameStop mania has spilled over into a popular exchange-traded fund, as the WallStreetBets craze reaches beyond shares favored on social media. The fund, State Street 's SPDR S&P Retail ETF, was created in 2006 to give investors broad exposure to mall-store firms. Its shares have surged 23% this year, far outstripping a 4% gain in the S&P 500, despite the uncertain outlook for retail.
Much has been made about the hefty sum that Tesla Inc. has invested in bitcoin, a speculative asset that has only been around since 2009. Read: Why did Tesla buy bitcoin?
"Saturday Night Live" featured Britney Spears giving disgraced public figures a chance to apologize.
Here is a list of stocks with an above 5% expected next quarter sales growth, and a 3% or higher return on equity. May these stocks be a good medium-term investment option? Cboe Global Markets, Inc., through its subsidiaries, operates as an options exchange in the United States.
FactSet Research Systems Inc. ( NYSE:FDS) stock is about to trade ex-dividend in four days. You can purchase shares before the 25th of February in order to receive the dividend, which the company will pay on the 18th of March.
S&P 500 Companies See Negative Price Reaction to Positive EPS Surprises in Q4 By John Butters| February 19, 2021 Overall, 83% of the companies in the S&P 500 have reported actual results for Q4 2020 to date. Of these companies, 79% have reported actual EPS above estimates, which is above the five-year average of 74%.
Shares of S&P Global Inc. inched 0.23% higher to $339.24 Friday, on what proved to be an all-around mixed trading session for the stock market, with the Dow Jones Industrial Average rising 0.00% to 31,494.32 and the S&P 500 Index falling 0.19% to 3,906.71. S&P Global Inc.
Shares of Royal Caribbean Group rallied 5.1% in afternoon trading Friday, putting them on track for a fourth-straight gain, ahead of the cruise operator's fourth-quarter results due out on Monday. The stock has soared 16.8% this week, which would be the biggest weekly gain since the week ended Nov. 13.
CNN's Anderson Cooper talks to Bill Gates about the power debacle in Texas during the winter storm. Watch the full interview at 9PM Eastern on CNN Saturday, February 20.