Microsoft is a giant in the tech industry, and it goes without saying. Microsoft stands out as a great dividend stock. When a company is providing dividends regularly to its investors, the stock is known as a dividend stock. If the company is thriving in the business, the investor who has purchased stocks of the…
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In Friday afternoon trade, Stocks in Asia were quite muted as investors are expecting U.S. payrolls data for September. It is all set to be released later. The Hang Seng index in Hong Kong plunged 0.54% by the afternoon when the reports emerged stating that that the government of Hong Kong is ready to discuss…
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Headquartered in England, Tesco is a multinational groceries and general merchandise retailer. It runs over 3400 stores nationwide and is Britain’s biggest retailer. Tesco, on Wednesday, announced that its chief executive Dave Lewis will step down next summer. He will be succeeded by Ken Murphy, who is an executive at Walgreens Boots Alliance. “With the…
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Budweiser APAC marked a thundering public debut at Hong Kong as it became the second biggest IPO of the year. Anheuser-Busch InBev NV’s (AB InBev) is the largest brewer in the world and it decided to relaunch its IPO this month after cancelling the plans of the public debut in July due to several factors…
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Founded in 2012, Peloton is an exercise equipment company which mainly produces a signature luxury stationary bicycle. Their cycles and treadmills are equipped with screens so that their users can join recorded fitness classes remotely. On Thursday, the company marked its Initial Public Offering which, unfortunately, turned out to be unfavorable for them. The IPO…
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After the fatal crash back in October last year, the share price of Boeing has started recovering. Although Boeing shares tumbled about 11% since the unfortunate crash, it started soaring almost 18% since August. After the statement given by the Federal Aviation Administration, it seems quite unlikely that Boeing 737 Max will be flying early…
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Steelcase is a United States-based furniture company which was founded in 1912 by Peter M. Wege. According to the company, earnings per share was 50 cents which exceeded the estimated EPS by 7 Cents. They had sales of $998 million which went above the estimates by $17.13 million. “We delivered one of our strongest quarters…
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Beyond Meat has already grabbed the attention of a ton of people as a successful company that produces plant-based substitutes for meat. In fact, the company marked the biggest IPO of the year. Going by the ticker name BYND, the California based company which was founded in 2009 became one of the hottest topics of…
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Due to a sudden surge in the prices of crude oil, stocks of oil companies started ascending on Monday. The prices started trading in full swing since May. This was due to sudden drone attack on Saudi Arabia’s oil production facilities. The attack on the plant ceased the output of more than 5.7 million barrels…
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On Wednesday, oil prices started trading high after a report stated that the crude stockpiles stumbled last week and according to Reuters, it was more than twice the amount the analysts in their poll had forecast. The Brent Crude futures surged 0.6% to $62.89 a barrel whereas West Texas Intermediate (WTI) futures rose 0.9%, to…
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