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CVS Well being beats earnings estimates, begins restructuring to chop prices
(Reuters) – CVS Well being Corp reported better-than-expected second-quarter earnings on Wednesday and stated it had begun a restructuring program to chop prices after a latest wave of acquisitions. The corporate has expanded past medical insurance and pharmacies with its acquisitions of major care supplier Oak Road Well being and residential healthcare companies firm Signify Well being. CVS Well being, which accomplished the acquisitions earlier this yr, has recognized higher-than-expected transaction and integration prices associated to the offers. The corporate stated it recorded $496 million in pretax prices associated to a restructuring program it initiated in the course of the
The very best dividend shares for the month of August 2023
The highest dividend shares in August embody oil exploration firm Berry Corp. (BRY), and Genco Transport & Buying and selling Ltd. (GNK) and Eagle Bulk Transport Inc. (EGLE), Actual Property Funding Belief (REIT), Apollo Industrial Actual Property Finance Inc. (ARI), and Pioneer Pure Sources (PXD) oil and fuel firm. most important sockets Dividend shares are issued by corporations that pay shareholders a proportion of the earnings usually. Dividends are often paid quarterly, however could also be paid semi-annually or yearly. The dividend yield is the ratio, expressed as a proportion, that compares the annual dividend quantity to the share value.
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AMD’s beneficial properties, after surpassing the chipmaker’s estimates, made inroads into synthetic intelligence
(Bloomberg) — Superior Micro Units Inc. gained in late buying and selling after the chipmaker topped second-quarter estimates and noticed
Apple is heading for its greatest third-quarter income decline since 2016 as iPhone gross sales slowed
By Yuvraj Malik (Reuters) – Apple is more likely to report a decline in iPhone gross sales within the April-June
Pinterest sees stronger margins as a rebound in promoting boosts quarterly outcomes
(Reuters) – Picture-sharing platform Pinterest beat Wall Avenue targets for second-quarter outcomes on Tuesday, forecasting increased margins for this 12
Lumen Applied sciences shares are dropping after incurring losses of almost $9 billion
(Reuters) – Lumen Applied sciences reported an enormous quarterly internet lack of $8.74 billion on Tuesday, hit by an impairment
AMD expects to launch a competitor to its Nvidia AI chip within the fourth quarter, and shares rise
Written by Max A. Cherny and Shafi Mehta (Reuters) – Superior Micro Units on Tuesday forecast a powerful fourth quarter
Starbucks lagged same-store gross sales estimates for the third quarter, and China sees gross sales develop by 46%
Starbucks (SBUX) posted combined Third quarter financial results On Tuesday after the market closes. The Seattle-based espresso big topped earnings,
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