International Paper's Turnaround Could Unlock Shareholder Value Amid DS Smith Acquisition
We see International Paper's shareholder distributions as appropriate. Despite some sizable acquisitions in the past, the company has consistently returned cash to shareholders through a rising ...
Sherwin-Williams Benefits From Resilient Residential Repaint Market but Some Headwinds Remain
Sherwin-Williams is the largest provider of architectural paint in the United States. The firm has over 5,000 stores and sells premium paint at higher price points than most competitors.
Who Dat Drilling Exceeds Predrill Expectations
Karoon’s balance sheet remains sound following the Who Dat acquisition. From a net cash position of USD 152 million or just over AUD 0.40 per share as of the end of September 2023, the balance sheet ...
How Apple pulled off a major feat that offset its big China miss on iPhones
Apple Inc. pulled off a major feat for Wall Street, managing to report better-than-expected revenue and earnings in its fiscal first quarter, even amid an unexpected revenue decline in Greater China.
Cloud Transition Leaves Atlassian Better Positioned in the Long Term
Because Atlassian has a limited salesforce, its sales and marketing expenses are significantly lower than peers’, driving already solid non-GAAP operating margins and allowing for material expansion ...
Samsung's Net Profit Beats Consensus but Chip Woes Continue to Weigh
Samsung's flagship chip-making division generated operating profit of about 2.9 trillion won, down from around 3.9 trillion won the prior quarter. The result was way below smaller chip-making rival SK ...
Deckers hikes its yearly outlook. Wall Street still has questions about demand.
Deckers Brands on Thursday raised its full-year outlook and reported third-quarter results that topped estimates, helped by demand for Ugg boots and Hoka running shoes. But investors, apparently, had ...
Domestic Margins Advancing, but Amazon Relationship to Glide Down Materially
UPS managed to negotiate a contract with USPS and took over its airlift needs from FedEx. The prior USPS-FedEx contract expired at the end of September 2024. UPS management expects the deal to be ...
Gen Remains a Strong Security Vendor Playing in a Largely Commodified Consumer Security Space
All in all, we are cognizant of Gen's strengths as a strong player in the consumer-focused cyber safety space and the challenging landscape the firm occupies. While we view the firm's strategies in ...
Vertex Pharmaceuticals Shares Gain After FDA Approves Non-Opioid Pain Drug
Shares of Vertex Pharmaceuticals rose after Journavx, the company's oral non-opioid pain medication, received Food and Drug Administration approval. The Boston company's stock rose 4.3%, to $457.25, ...
News Highlights: Top Global Markets News of the Day - Thursday at 7 PM ET
Initial jobless claims fell by 16,000 to 207,000 in the week that ended Jan. 25, the Labor Department said Thursday. It's the lowest level in in three weeks. Gold futures set a fresh record on ...
Stocks to Watch: Apple, PPG Industries, Beazer Homes, Cipher Mining
Cipher Mining secured a $50 million private investment in a public-equity deal from SoftBank Group. The company, which develops and operates industrial-scale data centers for bitcoin mining and HPC ...