PNC Earnings: Expenses Are Well-Managed; Net Interest Income Will Worsen Before Seeing Improvement
First-quarter net interest income, or NII, was reported at $3.26 billion. This was down 4% from last quarter and 9% from the ...
Going Into Earnings, Is Tesla Stock a Buy, a Sell, or Fairly Valued?
Tesla is in excellent financial health. Cash, cash equivalents, and investments stood at $29.1 billion and far exceeded total ...
Bank of America Earnings: Investment Banking and Asset Management Keep Fees Strong, but Charge-Offs Rise
Key Morningstar Metrics for Bank of America. Fair Value Estimate: $38.00; Morningstar Rating: 3 stars; Morningstar Economic ...
Johnson & Johnson Earnings: Solid Growth to Start the Year, but We Expect That to Slow by Midyear
Key Morningstar Metrics for Johnson & Johnson. Fair Value Estimate: $164.00; Morningstar Rating: 4 stars; Morningstar ...
Salesforce: Our Initial High-Level View of Possible Informatica Acquisition Is Negative
Since there is no official announcement, we are addressing the news without context such as deal price, rationale, or ...
ADRs End Lower, Purple Biotech Ltd. Declines 29%
Purple Biotech Ltd., based in Israel, posted the largest decline, cratering 29% to 41 cents, followed by shares of China's Cheetah Mobile Inc., which tumbled 20% to $3.89. Shares of Australia-based ...
Morningstar3h
Rents have finally stopped skyrocketing. They're now stuck at a price most Americans can't afford.
Renters told to 'brace themselves for a prolonged affordability crisis,' housing economist says Renters have some good news and some bad news. The good news is that after two years of fast-rising ...
The FTSE 100 Closed Down 1.8% as Israel Mulls Response to Iranian Attacks
The FTSE 100 Closed down 1.8% Tuesday--the largest one-day point and percentage decline since July 6--as the prospect of Israel's response to Iran's attack over the weekend still lingered above ...
Toronto Stocks Retreat as Canadian Inflation Heats Up, First Majestic Silver Falls on Lower Output
K92 Mining shares climbed by 2.9% to C$7.46 after it said precious and base metals production rose in the first quarter, even with a temporary suspension at the underground operations of its mine in ...
Barrick Shares Slide 5.5% After Production Falls, Costs Rise
The drop in copper production was due mainly to lower grades at the Lumwana open-pit mine in Zambia, and Barrick said the decline is expected to see the all-in sustaining cost per pound rise by 14% to ...
Adidas Raises Annual Profit Bar After Yeezy Brand Aids Profit — Update
Adidas's upgrade came after first-quarter revenue rose 4% on year to EUR5.46 billion, above a Visible Alpha consensus of 3.1%. Its gross margin improved to 51% from 45% a year prior, while operating ...
Adidas Raises Profit Bar For Year After Unexpectedly Strong Quarter
Adidas raised its revenue and profit expectations after a better-than-anticipated first quarter. The German shoe and sports apparel company said Tuesday that it now expects operating profit to finish ...