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CNBC's annual stock draft is underway. Celebrities, athletes, and financial gurus join ‘Power Lunch' to make their picks.
Teradyne's (TER) first-quarter 2024 results benefit from strong momentum in the memory test end-market despite persistent softness in the mobility sector.
Opera reported earnings that showed mid-teens growth but missed on the bottom line. The company is investing heavily in a new AI cluster.
Web provider GoDaddy has introduced a smaller point-of-sale (POS) tool for small businesses. Smart Terminal Flex, announced Thursday (April 25) is designed to fit inside an apron pocket while still helping businesses operate with more efficiency.
CNBC's annual stock draft is underway. Celebrities, athletes, and financial gurus join ‘Power Lunch' to make their picks.
Union Pacific beat Wall Street's earnings estimate despite flat revenue. Wall Street was hoping to see more efficiency from new leadership, and is celebrating signs of progress.
WESTFORD, Mass., April 25, 2024 (GLOBE NEWSWIRE) -- Kadant Inc. (NYSE: KAI) announced it will release its 2024 first quarter results after the market closes on Tuesday, April 30, 2024 and will hold a webcast the next day, Wednesday, May 1, 2024 at 11:00 a.m. eastern time. During the call the Company will discuss its first quarter financial performance and future expectations.
PEY tracks the NASDAQ US Dividend Achievers 50 ETF Index, selecting high-dividend stocks from all size segments with at least ten consecutive years of dividend increases. The Index dividend yield is 5.23%, but PEY's 0.52% expense ratio decreases the expected yield to 4.71%. Still, it's one of the highest-yielding pure equity funds on the market. Negative Wall Street earnings revisions are one reason why PEY's holdings have such high yields. However, last quarter sales and earnings surprise results suggest these analysts are too bearish.
Oil prices have surged approximately 15% this year, hovering near $90 a barrel with expectations of remaining at elevated geopolitical tensions. This rise in oil prices was fueled by increasing tensions between Iran and Israel, raising concerns about broader conflicts in the Middle East.
Plug Power (NASDAQ: PLUG ) recently reported that it reached maximum nameplate capacity at its plants in Georgia and Tennessee. However, that may not be entirely positive.