Analysis-Can the new CVS CEO handle the Aetna challenge?
By Amina Niasse NEW YORK (Reuters) – As CVS Health (NYSE:CVS)’s new CEO David Joyner steps into the top job after Karen Lynch’s quick departure on Friday, Wall Street analysts…
CITIC to sell stake in McDonald’s China, HK operations for $430.3 million
(Reuters) -China’s state-owned CITIC Ltd has agreed to sell its 19.23% stake in the company that operates fast-food chain McDonald’s (NYSE:MCD) across China and Hong Kong for $430.3 million, fully…
Italian tech company Bending Spoons has eye on US for potential IPO
By Elvira Pollina MILAN (Reuters) – The head of Italy’s Bending Spoons says Milan is a great location for a start-up but he would probably favour New York were the…
GM, Ford brace for investor scrutiny over pricing power, EV losses
By Nathan Gomes and Nora Eckert (Reuters) – General Motors (NYSE:GM) and Ford Motor (NYSE:F) will likely have a tough time convincing investors when they report results that Detroit’s pricing…
Apple Intelligence unlikely to boost iPhone sales: Jefferies
Investing.com — Jefferies analysts expressed skepticism about Apple’s upcoming Apple Intelligence feature, suggesting it will not significantly boost iPhone 16 sales. Apple is expected to launch the feature with iOS 18.1…
Retire with dividends: 3 funds paying 8%+, paying monthly
Government bonds are no longer paying what they did a few months ago as the Federal Reserve starts cutting interest rates. The 10-year yield has dropped from 5% in 2023…
Uber stock surged to ATH: Will Grab Holdings do the same?
Uber Technologies (UBER) stock has done well this year, surging by over 28% and reaching its all-time high. It has risen by 146% in the past five years, giving it…
VIG, DGRW, DGRO are popular; but are they really dividend ETFs?
The Vanguard Dividend Appreciation Fund (VIG), WisdomTree US Quality Dividend Growth (DGRW), and the iShares Core Dividend Growth (DGRO) are some of the most popular dividend-focused ETFs in Wall Street,…
JEPI and JEPQ ETFs have soared; numerous catalysts remain
The JPMorgan Equity Premium (JEPI) and JPMorgan Nasdaq Equity Premium Income (JEPQ) ETFs have done well this year and are sitting at their all-time highs. The JEPQ fund soared to…
Remitly stock has multiple catalysts and could surge soon
Remitly (RELY) stock has underperformed the market this year, falling by over 22% even as the Nasdaq 100 and S&P 500 indices have soared by 20%+ and moved to their…