Goldman Sachs Shares Surge on Record Q2 Earnings, Dividend Hike
Goldman Sachs reported its strongest quarterly results in history, driven by a record performance from its equities trading desk, sending its shares to a new 52-week high.
Latest by Marcus Chen
CVS Caremark Reaches FTC Settlement on Drug Rebates, TrumpRx Coverage
CVS Health's Caremark unit has settled with the U.S. Federal Trade Commission, agreeing to limit its use of drug rebates and to count consumer spending on the TrumpRx platform toward insurance deductibles.
CVS Caremark Settles With FTC, Agrees to Apply TrumpRx Payments to Deductibles
CVS Health's pharmacy benefit manager, Caremark, has finalized a settlement with the U.S. Federal Trade Commission to count consumer payments via the TrumpRx platform toward insurance deductibles and to offer alternatives to certain drug rebate models.
Medical Device Stocks Fall Sharply on HCA's Weak Surgical Volume Warning
Shares of major medical device manufacturers declined after hospital operator HCA Healthcare reported preliminary Q2 results indicating a slowdown in surgical procedures, raising investor concerns about future demand for their products.
Yum! Brands Shares Fall After Taco Bell Pulls Ingredients Amid Health Probe
Shares of Yum! Brands declined after its Taco Bell division removed some ingredients from restaurants as a precaution during a public health investigation into a cyclospora outbreak.
Barclays Identifies Top Software Stocks Ahead of Earnings, Citing Growth Drivers in Cybersecurity
Barclays analysts have named Cloudflare and Varonis Systems as top picks in the software sector, citing strong growth drivers and favorable setups heading into the upcoming earnings reporting season.
MSCI Options Market Prices in 4.2% Post-Earnings Stock Move
Options traders are anticipating a 4.2% move in MSCI Inc. shares following its upcoming earnings report on July 21. Historical data shows the stock has often exceeded such volatility expectations in recent quarters.
Lucid Denies Take-Private, Bankruptcy Rumors After Shares Plunge Over 50%
The electric vehicle maker called a blog post report "completely false" after its shares experienced their steepest one-day decline, triggering multiple trading halts amid extreme volatility.
Yum Brands Shares Fall on Report of Taco Bell Link to Cyclosporiasis Outbreak
Shares of Yum Brands declined as much as 4.5% after a report that U.S. health officials are investigating a potential link between lettuce served at its Taco Bell chain and a widespread intestinal illness outbreak.