Intel (NASDAQ:INTC) has had a rough three months with its share price down 26%. We, however decided to study the company’s financials to determine if they have got anything to do with the price decline. Stock prices are usually driven by a company’s financial performance over the long term, and therefore we decided to pay […]
Entertainment behemoth Disney retreated early Tuesday following its second-quarter results after reporting improved streaming financials and updating its earnings guidance. X Disney Earnings Disney (DIS) reported a 30% increase in adjusted earnings, to $1.21 per share — marking a second straight quarter of slowing growth. Revenue rose 1% to $22.08 billion. The results cleared FactSet […]
WithumSmith+Brown quit being the auditor for Trump Media just months after being appointed. The firm didn’t want to be associated with Donald Trump and his company, per the Financial Times. Trump Media’s share prices have plunged in the weeks since it went public. The accounting firm that was first hired to audit former President Donald […]
Intel (INTC) stock fell Wednesday after the chipmaker disclosed worse-than-expected financials for its nascent foundry business. Wall Street analysts expressed skepticism over the unit’s near-term prospects. X Intel executives late Tuesday detailed how they are dividing the company’s operations into two main businesses: one selling finished products and the other providing chipmaking services. The Intel […]
3M (NYSE: MMM) has faced a lot of challenges over the past few years that have weighed heavily on its share price, which has driven up its dividend yield. At around 6.3%, 3M currently offers one of the highest dividend yields in the venerable Dow Jones Industrial Average. On the bright side, 3M’s financials have […]