News

Intel's turnaround deemed a 'herculean task' - so analysts say to avoid the stock
Righting the ship at Intel (INTC) seems like a "herculean task," according to Bernstein analyst Stacy Rasgon. He quipped, "Hercules cleaned out the Augean stables in a day, but even he would take ...
Canada Factory Sales Estimated Down 1.9% March
OTTAWA--Canadian factory trade struggled in March, with an early estimate pointing to sharp retreat in sales. Advance results suggest manufacturing sales declined 1.9% from the month before, ...
Think groceries are already too expensive? Wait until RFK Jr.'s food-dye ban hits, experts say.
FDA officials and Health and Human Services Secretary Robert F. Kennedy Jr. have emphasized that the phased-out banning of synthetic dyes - which include Green No. 3, Red No. 40, Yellow No. 5, Yellow ...
Samuel Adams's parent company points to gains in light beer as tastes shift from craft brews
"The macroeconomic winds are, obviously, consumer confidence - the fear of inflation. There is also some pullback from the Hispanic consumers that they're not going out as much," said Boston Beer ...
AbbVie 1Q Revenue Up on Soaring Skyrizi, Rinvoq Sales; Outlook Raised
For 2025, AbbVie forecast adjusted earnings per share at between $12.09 to $12.29, compared with earlier guidance in the range of $11.99 to $12.19. It noted that the current guidance is based on the ...
Canada Retail Sales Recover After 0.4% Drop in February
OTTAWA--Retail sales in Canada fell for a second straight month in February, led by weakness at motor vehicle and parts dealers. Sales declined 0.4% from the previous month to a seasonally adjusted 69 ...
HCA 1Q Earnings, Sales Rise Amid Growing Healthcare-Services Demand
HCA Healthcare had higher sales and earnings in the first quarter as the company saw increasing demand for healthcare services. The Nashville hospital owner and operator on Friday posted a profit of ...
We Expect T-Mobile Will Gain Market Share Even If Competitive Intensity Increases
T-Mobile’s brand and reputation, coupled with a strong network and spectrum position, should enable it to continue gaining market share. We also expect a rational competitive landscape will allow the ...
Safran Confirms Guidance After Civil Aftermarket Services Lift Revenue — Update
Safran confirmed its guidance for the year after it posted an increase in revenue on strong demand for civil aftermarket services, lifting shares in the French aerospace-industry supplier. The company ...
It's time to start nibbling on Lowe's and Williams-Sonoma's stocks, analyst says
Lowe's stock (LOW) is down 10% in 2025, while Williams-Sonoma's stock (WSM) has fallen 18% and La-Z-Boy's stock (LZB) has declined by 10.5% as of Thursday's closing bell. The S&P 500 has fallen 6.8% ...
A cruel summer looms, but here's why JPMorgan still expects a higher S&P 500 finish this year
Together these factors will provide an improving backdrop and the prospect of healthier economic growth in 2026. That in turn will help the S&P 500 to finish 2025 closer to JPMorgan's bull case of ...
Colgate-Palmolive Cuts Earnings Outlook on Tariffs — Update
Colgate-Palmolive also lowered its 2025 guidance on organic sales growth to 2% to 4%, down from the prior range of 3% to 5%. Gross profit margin is now estimated to be roughly flat as a percentage of ...