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Author Archive - Vardah Gill

UBS Backs Costco to Outperform Regardless of Economic Conditions

UBS advises staying invested in Costco, noting the company’s strong performance early in the year and its potential to keep outperforming the broader market regardless of economic...

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June 13 - News

UBS Sticks with Walmart After Strong Start to the Year

He expressed a preference for Walmart Inc.

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June 13 - News

UBS Backs Johnson & Johnson as a Defensive Play in Uncertain Times

On June 12, UBS global equity strategist Andrew Garthwaite’s team pointed to Johnson & Johnson as one of the top cyclical picks, excluding financials, whose performance tends...

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June 13 - News

Bank of America Bullish on Goldman Sachs, Predicts Surge to $700

On June 12, Bank of America reaffirmed its Buy rating on Goldman Sachs, highlighting the firm’s ability to evolve with changing conditions, describing it as having “proven...

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June 13 - News

UBS Sees PEP as a Buy-Worthy Defensive Play

[caption id="attachment_1196085" align="aligncenter" width="1456"] A close up of a glass of a refreshing carbonated beverage illustrating the company's different beverages.[/caption...

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June 13 - News

This Dividend King Just Announced a Quarterly Dividend

On June 12, the company announced that its Board of Directors has approved a quarterly cash dividend of $0.52 per share, which will be paid on August 15, 2025, to shareholders...

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June 13 - News

Target Delivers 54th Consecutive Annual Dividend Hike

This dividend will be paid on September 1, 2025, to shareholders who are on record as of the close of business on August 13, 2025.

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June 13 - News

Altria Picked by UBS as Safe Haven Dividend Stock

The stock was highlighted by UBS equity strategists as one of the companies that offer “safe haven” qualities, marked by strong operational performance, low stock price volatility...

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June 13 - News

AWK Makes it to CNBC’s All-Weather Stock List

The stock was recently added to CNBC’s ‘All-Weather Stock List’ because of its defensive qualities.

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June 13 - News

Longtime Dividend Giant Announces Hike

On June 12, the company declared a 3.9% hike in its quarterly dividend to $0.535 per share.

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June 13 - News

Retirement Stock Portfolio: 10 Safe Dividend Stocks to Buy Now

Dividend-paying stocks are often considered a dependable option for retirement portfolios.

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June 13 - Hedge Funds, News

Bank of America Hires JPMorgan Executive to Lead India Equity Markets Unit

Recently, the company has tapped Satish Arcot from JPMorgan Chase to lead its capital markets division in India, as part of efforts to strengthen its local investment banking ...

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June 13 - News

Turkey Launches Antitrust Investigation into Coca-Cola Over Potential Competition Breach

The Turkish Competition Board announced on Tuesday that it has launched a formal investigation into Coca-Cola to assess whether the company breached the country’s competition...

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June 13 - News

AbbVie Secures FDA Approval to Expand Mavyret’s Label

The company announced that the US FDA has expanded the approved use of its oral antiviral drug Mavyret, developed in partnership with Enanta Pharmaceuticals, Inc.

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June 13 - News

Starbucks Plans Price Cuts in China Amid Intensifying Competition

The US coffee company shared on its Weixin account that the move aims to make a wide range of drinks, including non-coffee options and Frappuccinos, more affordable as market ...

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June 13 - News

Accenture Upskills 500,000 Employees to Meet Growing Demand for AI Consulting

The company recently announced that it has equipped 500,000 of its employees with skills in generative artificial intelligence, responding to rising demand for services in this...

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June 13 - News

Lowe’s Plans New Store Openings in Two States This Year

This updated outlook differs from the company’s December 2024 announcement, when it aimed to open 10 to 15 stores annually.

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June 13 - News

BlackRock’s Bitcoin Fund Becomes Quickest ETF to Top $70 Billion

The company's iShares Bitcoin Trust (IBIT), the biggest Bitcoin ETF available, has reached $70 billion in assets faster than any ETF before it, marking another major achievement...

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June 13 - News

Roper Technologies Declares Quarterly Dividend

Although the latest dividend remained unchanged from the previous one, the company has maintained a 33-year track record of steady dividend increases.

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June 13 - News

T. Rowe Price Sees 3.8% Rise in AUM for May Despite Higher Outflows

T. Rowe Price Group, Inc. (NASDAQ:TROW) is also known for its reliable dividend payments.

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June 13 - News

Realty Income Announces 131st Consecutive Monthly Dividend Increase

Realty Income Corporation (NYSE:O) is one of the best stocks for a dividend stock portfolio.

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June 13 - News

Dividend Stock Portfolio For Retirement

As retirement nears, maintaining financial security becomes a top priority for investors.

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June 13 - Hedge Funds, News

Microsoft Debuts ROG Xbox Ally Handhelds, Marking Entry into Portable Gaming

Created in partnership with ASUS, these handhelds are designed to deliver a full Xbox gaming experience in a portable format.

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June 11 - News

UK Regulator Partners with Nvidia to Help Banks Test AI Tools

The Financial Conduct Authority (FCA) revealed plans to launch a new “Supercharged Sandbox” in October, aimed at supporting financial institutions in the early stages of AI...

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June 11 - News

Apple to Open its AI Models to App Developers

In one of the recent developments, the company is giving millions of app developers access to its AI models for the first time, aiming to leverage its vast hardware and software...

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June 11 - News

Indiana Fever, Pacers Turn to Salesforce to Boost Fan Engagement with AI

On June 11, the company announced that the Indiana Fever and its parent company, Pacers Sports & Entertainment (PS&E), are implementing its Agentforce digital platform to strengthen...

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June 11 - News

UnitedHealth Seeks $1B Latin America Exit: Sources

The company is considering several offers for its Latin American business, according to two insiders familiar with the situation, as it works to recover from a series of major...

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June 11 - News

JPMorgan Warns Junior Bankers of Termination Over Early Job Offers Amid Talent War

Private equity firms often offer positions up to two years before the start date, leading many recent graduates to pursue these lucrative roles before or during their time as ...

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June 11 - News

Disney to Pay Comcast $438.7M for Full Hulu Ownership, Ending Valuation Dispute

In 2023, The Walt Disney Company (NYSE:DIS) announced its plan to acquire Comcast’s 33% share of Hulu, paying $8.6 billion based on a minimum value of $27.5 billion that the...

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June 11 - News

Home Depot Targeted in Los Angeles Immigration Raids

On June 6, federal agents targeted a Home Depot in the Westlake area, along with other sites like Ambiance Apparel in downtown L.A., resulting in dozens of arrests.

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June 11 - News

Walmart to Broaden Drone Delivery Service to Three Additional States

The company is expanding its drone delivery service to three additional states, aiming to boost convenience for its customers.

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June 11 - News

Boeing Restarts 737 MAX Shipments to China

On June 9, a Boeing 737 MAX aircraft landed in China, marking what appears to be the resumption of deliveries to Chinese airlines after a pause linked to trade tensions between...

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June 11 - News

Merck’s Cholesterol Medication Achieves Primary Endpoint in Two Trials

The medication is being studied as a potential treatment for hyperlipidemia, a condition marked by high levels of fat in the bloodstream.

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June 11 - News

Judge Orders J&J Subsidiary to Pay $442 Million in Antitrust Lawsuit

Recently, a federal judge ruled that a Johnson & Johnson subsidiary must pay $442 million in damages after a jury concluded last month that the company had broken antitrust laws...

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June 11 - News

Coca-Cola’s Favorite Flavor Set to Return Amid Strong Fan Demand for a Permanent Comeback

The fan-favorite drink, which first hit shelves in 1986, was discontinued in 2020 as part of a broader phase-out of several The Coca-Cola Company (NYSE:KO) flavors.

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June 11 - News

J.P. Morgan Sees Major Revenue Potential for Cisco From Next-Gen Products

According to a detailed report from J.P. Morgan, Cisco Systems, Inc.

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June 11 - News

Chevron CEO Flagged Safety Risks Before Fatal Angola Fire

The company has been impacted recently because of the Angola platform fire.

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June 11 - News

Goldman’s CIO Service Gains Traction in Japan After a Decade

After more than ten years of effort, the company secured its first institutional asset management client in Japan last year.

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June 11 - News

Honeywell Finalizes Sundyne Acquisition to Boost Its Process Industry Strength

Sundyne, known for its advanced pumps and gas compressors used in process industries, is expected to contribute immediately to Honeywell International Inc.

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June 11 - News

Morgan Stanley Warns Investors to Avoid McDonald’s Corporation (MCD) Amid Growing Challenges

McDonald's Corporation (NYSE:MCD) is one of the best Dow stocks to invest in.  Morgan Stanley suggested that the company may soon start feeling some of the broader challenges...

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June 11 - News

Verizon Communications Inc. (VZ) Declared Quarterly Dividend

While the company didn’t raise its dividend this time around, it has maintained a consistent track record, increasing it for 18 straight years.

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June 11 - News

IBM Reveals Quantum Chip, Eyes 2029 Starling Supercomputer Launch

International Business Machines Corporation (NYSE:IBM) is one of the best Dow stocks to invest in.

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June 11 - News

Dow 20 Stocks List: Ranked By Hedge Fund Bullishness Index

The Dow Jones Industrial Average, often called the Dow Jones or just the Dow, is a stock market index that tracks 30 major publicly traded companies in the United States.

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June 11 - Hedge Funds, News

Ryan Specialty Reaches Agreement to Acquire J.M. Wilson

Ryan Specialty Holdings, Inc. (NYSE:RYAN) announced that it has entered into a definitive agreement to acquire J.M. Wilson Corporation.

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June 6 - News

Canadian National Railway Company (CNI) to Spend $80 Million in Atlantic Canada to Boost Capacity and Support Sustainable Growth

Canadian National Railway Company (NYSE:CNI) announced plans to invest around C$80 million in New Brunswick and Nova Scotia as part of its 2025 capital investment program.

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June 6 - News

Stablecoin Issuer Circle Surges 168% in NYSE Debut After IPO Tops Price Expectations

Shares of Circle Internet Group (NYSE:CRCL) jumped 168% on Thursday following its initial public offering, which raised nearly $1.1 billion for the stablecoin firm and its selling...

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June 6 - News

United and Spotify Partner to Offer Music, Podcasts, and Audiobooks on 130,000+ Seatback Screens

United Airlines Holdings, Inc. (NASDAQ:UAL) and Spotify Technology S.A. (NYSE:SPOT) have teamed up for a groundbreaking partnership that enhances in-flight entertainment.

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June 5 - News

SolarBank to Use Geddes Project Proceeds for Bitcoin Purchases

SolarBank Corporation (NASDAQ:SUUN) announced that it is beginning to carry out its recently announced Bitcoin treasury strategy, first disclosed on June 3rd.

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June 5 - News

Equinor and Centrica Ink $27 Billion Natural Gas Supply Deal for U.K.

Equinor ASA (NYSE:EQNR) has signed a new long-term deal with U.K. energy company Centrica, worth roughly £20 billion ($27.1 billion), to supply natural gas to the U.K.

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June 5 - News

LyondellBasell in Exclusive Talks to Sell Four European Assets to AEQUITA

LyondellBasell Industries N.V.

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June 5 - News

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10 Best Gold Stocks Under $30

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