The iShares U.S. Dividend and Buyback ETF is seeing unusually high volume in afternoon trading Friday, with over 110,000 shares traded versus three month average volume of about 75,000. Shares of DIVB were up about 0.3% on the day.
A company's own top management tend to have the best inside view into the business, so when company officers make major buys, investors are wise to take notice. Presumably the only reason an insider would take their hard-earned cash and use it to buy stock of their company in
In trading on Friday, the Oil Services ETF is outperforming other ETFs, up about 3.5% on the day. Components of that ETF showing particular strength include shares of U.S. Silica Holdings, up about 21% and shares of Transocean, up about 8.6% on the day.
What happened
Comcast (NASDAQ: CMCSA) shares are down 6.6% as of 11:24 a.m. ET Friday, according to data from S&P Global Market Intelligence, following a disappointing Q2 earnings report that prompted several analyst downgrades.
STERIS announced today that the Company will distribute a quarterly interim dividend of $0.47 per share. This represents a $0.04 increase in the dividend and the Company's 17th consecutive year of dividend growth. The dividend is payable September 23, 2022 to shareholders of re
In trading on Friday, entertainment shares were relative laggards, down on the day by about 2.4%. Helping drag down the group were shares of Roku, off about 26.4% and shares of Fubotv down about 4.9% on the day.
China Evergrande Group said on Friday it will arrange asset packages that may include equity in its two offshore listed units as a sweetener for restructured offshore debt.
In early trading on Friday, shares of Amazon.com topped the list of the day's best performing components of the Nasdaq 100 index, trading up 11.9%. Year to date, Amazon.com has lost about 18.0% of its value.
U.S. stocks extended their July rebound on Friday morning, with the dollar and Treasury yields also advancing, as traders acted on positive corporate news despite increased labor costs and other inflation indicators.
In early trading on Friday, shares of Amazon.com topped the list of the day's best performing components of the S&P 500 index, trading up 12.0%. Year to date, Amazon.com has lost about 17.9% of its value.
Walmart (NYSE: WMT) had bad news for investors on July 25. The company said it is slashing prices to move products that customers no longer desire. One category in particular it called out as falling out of favor: apparel.
Sales of rough diamonds by Debswana Diamond Company jumped 54% in the first six months of 2022, Bank of Botswana statistics showed on Friday, driven by strong jewellery demand in the key U.S. market as well tight global rough diamond supply.
In early trading on Friday, shares of Chevron topped the list of the day's best performing Dow Jones Industrial Average components, trading up 6.3%. Year to date, Chevron registers a 36.2% gain.
Spanish Prime Minister Pedro Sanchez asked his ministers, public officials and private sector employees on Friday to stop wearing ties and stay cool as heatwaves sweep parts of Europe, stoking demand for energy-guzzling air-conditioning.[nL1N2ZA0MN]
The dollar rebounded from a three-week low in choppy trading on Friday, as a round of U.S. economic data suggested that inflation continued its red-hot rise in June, keeping the Federal Reserve on track to raise interest rates as aggressively as it deems necessary.