2 August, 2021 by The TZ Newswire Staff Comments Off on This Stock Is Smoking After Q2 Earnings
This Stock Is Smoking After Q2 Earnings
Each year, fewer people in the U.S. smoke cigarettes, but that hasn’t stopped tobacco giant Altria Group (NYSE: MO) from continuing to bring in profits. The company reported its second-quarter 2021 earnings on July 29 and showed investors that its business remains hot. Here are three major takeaways that could mean continued success for the Marlboro maker moving forward.
2 August, 2021 by The TZ Newswire Staff Comments Off on Overfunding: The Big Exchange, an Impact Investment, Money Management App, Secures £284,000 via Crowdcube
Overfunding: The Big Exchange, an Impact Investment, Money Management App, Secures £284,000 via Crowdcube
The Big Exchange, which is an impact investing platform & a money management app, with a marketplace for fairer products coming, has secured ££283,916 of its £150,000 target from 242 investors through Crowdcube (at the time of writing). The Big Exchange team notes that they… Read More
2 August, 2021 by The TZ Newswire Staff Comments Off on Citizens Financial Disappointed in Q2, but Still May Outperform This Year
Citizens Financial Disappointed in Q2, but Still May Outperform This Year
The $185 billion asset Citizens Financial Group (NYSE: CFG), based in Rhode Island, posted disappointing second-quarter results, generating diluted earnings per share (EPS) of $1.46 on total revenue of $1.61 billion. EPS beat expectations by $0.37, but missed slightly on revenue. However, EPS would have missed expectations had Citizens not released $291 million of reserve capital previously set aside for pandemic-related loan losses but not used because of an improving macroeconomic outlook.
2 August, 2021 by The TZ Newswire Staff Comments Off on The AUD is the strongest and the NZD is the weakest as NA traders enter for the day
The AUD is the strongest and the NZD is the weakest as NA traders enter for the day
The USD is weaker
As the North American session gets underway, the AUD is the strongest and the NZDUSD is the weakest. Asian shares rebounded higher to start the week, despite the weakest China Caixan PMI index since April 2020 (50.3 – just above the expansion benchmark). The EU PMIs came in near expectations with limited
2 August, 2021 by The TZ Newswire Staff Comments Off on Top Secret Project Costs Lockheed $225 Million in Q2 Earnings
Top Secret Project Costs Lockheed $225 Million in Q2 Earnings
Pity Lockheed Martin (NYSE: LMT) shareholders. They just can’t catch a break.
2 August, 2021 by The TZ Newswire Staff Comments Off on Futures Movers: Oil prices fall after weaker China activity reading
Futures Movers: Oil prices fall after weaker China activity reading
Oil futures on Monday start August on a softer note after weaker-than-expected data on activity in China and as traders assess OPEC production levels.
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2 August, 2021 by The TZ Newswire Staff Comments Off on Cathie Wood’s ARK Invest Buys Over 1.85 Million Shares of Robinhood
Cathie Wood’s ARK Invest Buys Over 1.85 Million Shares of Robinhood
A few of Cathie Wood’s Ark Invest funds bought over 1.85 million shares of Robinhood on July 30.