Exxon Mobil just had a quarter to remember, but not everything is rosy. The oil giant hit a production high not seen in over four decades, pumping out 3. 2 million barrels of liquids daily. However, profits took a dip, falling about 5% compared to the same time last year. Why? Blame it on refining m
Wendy's is planning to close 140 of its restaurants in the next few months. But don't worry, they're not disappearing—the fast food chain is opening an equal number of new locations. The restaurants being shut down are old and in areas that aren't doing well financially, according to Wendy's CEO, Ki
Airbus has decided to stick to its plan of delivering 770 aircraft in 2024, even though it's facing some big problems with its supply chain. This news came after the company reported better-than-expected earnings for the third quarter. Airbus made €1. 41 billion before interest and taxes, which was
CVS Health has a new captain at the helm. David Joyner steps up to replace Karen Lynch as CEO, hoping to navigate the company through rough waters. The health care giant has been struggling a lot this year, with its stock dropping by about 19%. It's been a tough time for major pharmacy chains, compe
Walgreens, a well-known drugstore chain, has decided to close 1,200 stores over the next three years. This strategic move is part of the company's efforts to save money and improve its bottom line. Among these closures, 500 stores will shut down by the end of 2025. The company believes this will hel
Cloudflare, the tech giant known for its web infrastructure and security solutions, has gotten the green light from some analysts. Matthew Hedberg from RBC Capital recently raised his rating to "Buy" and set a price target of $99 for the company's stock. This is good news for Cloudflare, whose share
Berenberg Bank analyst Tammy Qiu recently gave Infineon Technologies AG (IFNNF) a Buy rating, with a price target of €38.00. The company's shares closed at $33.80 yesterday. Qiu is known for her accuracy, with an average return of 16.6% and a success rate of 63.9%. She covers tech stocks like Infine
When it comes to investing in dividend-paying stocks, many investors focus on the yield without considering the larger picture. Two stocks that buck this trend, and offer a compelling investment opportunity, are Alphabet (GOOG) and Caterpillar (CAT). Both companies have a long history of increasing
Procter & Gamble is set to release its fourth quarter earnings results, and investors are eagerly waiting to see if the company will meet its full-year guidance. The consensus EPS estimate is $1.37, flat year-over-year, while the consensus revenue estimate is $20.74 billion, a 0.7% increase from las
Goldman Sachs is bracing for a hefty $400 million pretax loss in its third-quarter earnings, a direct result of its struggle to establish a foothold in the consumer market. CEO David Solomon admitted this financial blow at a recent conference, attributing it to the bank's decision to offload its ill
