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After U.S. markets closed on Tuesday, HP met analysts’ consensus estimate for earnings per share (EPS) and missed the revenue consensus by about 1.4%. Revenue was down 9.9% year over year. PC revenue was down 11% year over year, and printer sales fell 7%. The stock traded down 10% shortly after Wednesday’s opening bell. Hewlett Packard Enterprise beat estimates on […]
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The futures are higher as we hit the midway point in the trading week. The major indexes all closed higher on a big risk-on Tuesday, as once again the focus across Wall Street will be on the impending deluge of economic data. The JOLTS report (Job Openings and Labor Turnover Survey), started things off, coming in lower than expected, falling […]
Read more(Reuters) – The U.S. government on Tuesday selected the first 10 drugs, including the big-selling blood thinner Eliquis from Bristol Myers Squibb and Pfizer, that will be subject to the first-ever Medicare price negotiations, part of President Joe Biden’s Inflation Reduction Act (IRA) that drugmakers and industry groups have challenged in court.FILE PHOTO: A pharmacist holds a bottle of the […]
Read moreInvestors love dividend stocks. They not only provide dependable income, but they also give investors a great opportunity for solid total return. Total return includes interest, capital gains, dividends and distributions realized over time. In other words, the total return on an investment or a portfolio includes both dividend income and stock appreciation. We screened our 24/7 Wall St. research […]
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