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Energizer Holdings (NYSE:ENR) shares are trading higher in Tuesday trading, gaining alongside the announcement that its board declared a quarterly cash dividend of $0.30 per share, payable September 9 to shareholders of record as of August 19, reinforcing the battery maker's steady capital-return profile …
The US Strategic Petroleum Reserve is under mounting strain as massive stockpile releases tied to conflicts in the Middle East and Europe have stressed infrastructure that federal auditors say is overdue for repair. The reserve fell this week to its lowest level since March …
Visa, which operates the world's largest payments network, plans to cut approximately 7% of its workforce as CEO Ryan McInerney moves to streamline operations and redirect investment toward growth priorities, according to an internal memo confirmed by a person with direct knowledge of the …
Federal Reserve Chairman Kevin Warsh appears unlikely to oversee an interest rate increase at this week's meeting, even as investors price in a nearly 40% chance of a hike according to CME FedWatch. Warsh has committed to ending forward guidance, meaning he will not …
Apple customers in the US will soon be able to lease an iPhone for up to two years through a new program called Upgrade, developed in partnership with buy now, pay later provider Klarna, with pricing starting at $17.99 per month. The offering will …
Traders on prediction market platform Kalshi believe Meta (NASDAQ:META) will use its upcoming earnings call to spotlight its expanding cloud computing ambitions, with a mentions market assigning 91% odds that management will say the word "cloud" during the call. The pricing follows a Bloomberg …
Solventum (NYSE:SOLV) shares surged more than 7 percent in Tuesday trading after UBS upgraded the stock to Buy from Neutral and raised its price target to $95 from $78, citing improved confidence in the company's turnaround trajectory ahead of its August 5 second-quarter earnings …
UnitedHealth Group (NYSE:UNH) shares are rallying alongside a broad managed-care sector lift after peer Centene (NYSE:CNC) raised its full-year 2026 profit guidance and posted a second-quarter earnings beat, citing improved medical cost control with its health benefits ratio falling to 89.6 percent from 93.0 …
Oscar Health (NYSE:OSCR) shares are rallying alongside broader managed care peers in Tuesday trading after Centene (NYSE:CNC) reported a strong second-quarter profit of over $1.1 billion and an improved medical loss ratio of 89.6 percent, easing sector-wide fears about Affordable Care Act marketplace cost …
Koninklijke Philips (NYSE:PHG) shares are rebounding modestly in Tuesday trading, up about 1.8 percent intraday, as investors digest the aftermath of Monday's post-earnings selloff that sent the stock to a 52-week low near $23.86. While second-quarter results beat estimates on both revenue and earnings …
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