In finance
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Stocks making the biggest moves midday: UnitedHealth, SolarEdge, Bank of America, Tesla and more
These are some of the stocks posting the largest moves in midday trading.
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UnitedHealth Group, Morgan Stanley rise; PNC Financial, Live Nation fall, Tuesday, 4/16/2024
Stocks that are trading heavily or have substantial price changes on Tuesday: UnitedHealth Group, Morgan Stanley rise; PNC Financial, Live Nation fall
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Johnson & Johnson's bet on heart devices boosted sales — but it still missed analysts' expectations
Johnson & Johnson’s recent investments in medical devices helped boost sales, but the company’s total revenue in the first quarter of the year failed to beat Wall Street expectations. Its stock fell 2%to about $144 on Tuesday, following the healthcare giant’s recent quarterly earnings report. The company’s medical device segment experienced the biggest growth in the company during the three months ending March 31, up 4.5% year-over-year to $7.8 billion. Johnson & Johnson said the growth was...
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UnitedHealth Group stock jumps following first quarterly earning report
UnitedHealth Group, the largest health insurance company in the U.S., was the top performer in S&P 500 Tuesday morning after it reported higher-than expected revenue amid the fallout of a massive cyberattack earlier this year. UnitedHealth stock rose 6% to about $471 on Tuesday, following the insurer’s first quarterly earnings report since hackers targeted is subsidiary Change Healthcare. Change is a healthcare record and payment manager that processes 14 billion transactions a year. “The...
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Bank of America’s 1Q profits fall 18% on higher expenses, charge-offs
NEW YORK (AP) — Bank of America said its first-quarter profits fell 18%, as the bank dealt with rising expenses due to the impact of higher interest rates. But the results beat analysts’ esti
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BNY Mellon quarterly results top Wall St estimates on higher services fees
Lower volatility in foreign exchange markets also hurt profits. "What we see is really strong underlying underpinnings for the U.S. economy," CEO Robin Vince said, echoing the sentiments of other executives in the finance industry. He warned, however, that geopolitical tensions, uncertainty around the trajectory of interest rates and the United States fiscal deficit could have a destabilizing impact.
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New US Home Construction Falls to Lowest Level Since August
New home construction in the US slowed last month as a leveling off in interest rates has given way to a lull in housing demand and caution among builders.
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Wall Street surge lifts Morgan Stanley and new CEO Ted Pick
A Wall Street revival helped Morgan Stanley beat analyst expectations in the first quarter, giving a lift to new CEO Ted Pick.
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Stocks making the biggest moves premarket: Morgan Stanley, UnitedHealth, Live Nation and more
These are the stocks posting the largest moves in premarket trading.
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Morgan Stanley Traders Rally Past Estimates as Profits Rises 14%
Morgan Stanley’s traders delivered first-quarter revenue that exceeded expectations as its wealth management juggernaut also got back on track — both handing a key win for its new leader Ted Pick.
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Bank of America profits drop as key lending revenue weakens
The results from the nation's second-largest lender offer the latest example of how even the biggest banks are increasingly challenged by high interest rates.
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Morgan Stanley tops expectations on wealth management, trading and investment banking results
How did Morgan Stanley CEO Ted Pick do in his first quarter leading the company?