Dividends

GameStop, American Eagle Outfitters, Asana and more

GameStop — GameStop surged 9.2% before the bell despite sharing a widening quarterly loss and declining sales. The video game retailer also announced a partnership with crypto exchange FTX. GameStop’s results could not be compared since few analysts cover the company. Asana — Asana’s stock surged 19% in the premarket following a beat on the …

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Buy Newmont stock for its deep value and ‘very attractive’ dividend, UBS says

Shares of Newmont Corp. were little changed Tuesday, despite selloffs in gold futures and the broader stock market, after UBS analyst Cleve Rueckert said it was time to buy, given “compelling” valuation and a “very attractive” dividend yield. Rueckert raised his rating to buy, after being at neutral since February 2005. He also cut his …

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Lululemon (LULU) Q2 2022 earnings

Lululemon (LULU) Q2 2022 earnings Pedestrians pass by a Lululemon store. Scott Mlyn | CNBC Lululemon Athletica Inc. on Thursday reported quarterly earnings and revenue that beat analysts’ expectations, as shoppers stocked up on workout gear even as surging prices have hurt other retailers’ apparel sales. The company also raised its outlook for the year. …

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Express, Snap, Rocket Lab and more

Express, Snap, Rocket Lab and more Check out the companies making headlines in midday trading. Bed Bath & Beyond — Shares of the beleaguered retailer tumbled 19.8% after it outlined a strategic plan that only confirmed investor fears that the company will struggle to turn around its business. Bed Bath also filed to sell an …

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20 dividend stocks with high yields that are expected to raise payouts the most through 2024

There are different ways to select stocks based on dividends. An investor might look for companies paying high dividends, with the hope that payouts will keep rising. Or the investor might focus less on high current yields and more on consistent dividend increases. Below is a screen of stocks taking the first approach, beginning with …

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Best Buy (BBY) Q2 2023 earnings

Televisions are seen for sale at a Best Buy store in New York City. Andrew Kelly | Reuters Best Buy on Tuesday said sales dropped by about 13% in the second fiscal quarter, as the retailer felt a pullback from inflation-weary shoppers. The company reaffirmed its full-year guidance. The company had cut its forecast in …

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Ulta, Affirm, Marvell and more

Pedestrians walk past a Gap Inc. store in Shanghai, China. Qilai Shen | Bloomberg | Getty Images Check out the companies making headlines in extended trading. Affirm — The buy-now-pay-later darling’s shares slid nearly 14% after hours when it reported a bigger-than-expected quarterly loss of 65 cents per share, according to Refinitiv. It also issued …

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Macy’s (M) reports fiscal Q2 2022 earnings

Macy’s on Tuesday cut its full-year forecast, saying it anticipates deteriorating consumer spending on discretionary items like apparel that will force the department store chain to use heavy markdowns to move items off shelves. The warning comes even as the retailer reported a fiscal second-quarter profit and revenue that topped analysts’ expectations. Macy’s now sees …

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Zoom (ZM) earnings Q2 2023

Eric Yuan, founder and chief executive officer of Zoom Video Communications Inc., speaks during the BoxWorks 2019 Conference at the Moscone Center in San Francisco, California, US, on Thursday, Oct. 3, 2019. Michael Short | Bloomberg Zoom Video Communications shares fell as much as 8% in extended trading on Monday after the video-calling software maker …

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What stock buybacks are, and how a new 1% tax affects your portfolio

US President Joe Biden gestures as he delivers remarks on the Inflation Reduction Act of 2022 at the White House in Washington, July 28, 2022. Elizabeth Frantz | Reuters The new 1% excise tax on corporate stock buybacks — a late addition to President Joe Biden’s sweeping tax, health and climate package — adds a …

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