Previously in this series, we saw that Broadcom’s (AVGO) wide profit margins are converting into strong cash flow. In fiscal Q2 2018, Broadcom had $2.1 billion in free cash flow, of which it spent $347 million on stock buybacks and $766 million on dividends. On April 12, a month after Qualcomm’s (QCOM) acquisition was rejected, Broadcom announced a $12 billion buyback program to compensate shareholders for the failed bid.
LISLE, Ill., April 16, 2024 (GLOBE NEWSWIRE) -- CTS Corporation (NYSE: CTS) will release its earnings for the first quarter 2024 at approximately 8:00 a.m. (ET) on Wednesday, May 1, 2024. A conference call to discuss first quarter 2024 results with management is scheduled for Wednesday, May 1st, 2024 at 10:00 a.m. (ET). The dial-in numbers for access from the U.S. are: +1-833-470-1428 (Toll-Free) and +1-404-975-4839 (Local), if calling from outside the U.S., please refer to Global Dial In Number
Fed chief Jerome Powell cited "a lack of further progress" on inflation, but stocks rose, including AI leaders Nvidia and Super Micro. ASML earnings loom.
Heavy rains are battering Gulf states, causing flash flooding across the region.
KIRKLAND, Wash., April 16, 2024--Tanium, the industry’s leading provider of Converged Endpoint Management (XEM), today debuted Tanium Automate at the Converge World Tour in New York City. Alongside Tanium Guardian and its partnership with Microsoft Copilot for Security, Tanium Automate serves as another critical component in support of the autonomous endpoint management (AEM) capabilities within the Tanium XEM platform. With the unique ability to combine the power of real-time endpoint visibilit
TORONTO, April 16, 2024--Superior Plus Corp. ("Superior" or "the company") (TSX: SPB) expects to release its 2024 first quarter results on Tuesday, May 14, 2024 after market. A conference call and webcast to discuss the 2024 first quarter financial results will be held at 10:30 AM EDT on Wednesday, May 15, 2024. To register as a participant, please use the following link: Register Here. The webcast will be available live and for replay on Superior's website at: https://www.superiorplus.com/ unde
NEW YORK — Now they are all gone. Carl Erskine, the humble Hoosier who pitched two no-hitters for the 1950s Brooklyn Dodgers and was the last of the fabled “Boys of Summer,” has died. Erskine, 97, died Tuesday morning in his hometown of Anderson, Ind., after a brief bout with pneumonia. His family confirmed his death to the Indianapolis Star. One of the classiest players ever to grace the ...
Trump the candidate and Trump the media company are each slogging through low points.
The case could undo felony charges for the former president and hundreds of 6 January rioters.
RAPID CITY, S.D., April 16, 2024 (GLOBE NEWSWIRE) -- Black Hills Corp. (NYSE: BKH) will hold its Annual Meeting of Shareholders on Tuesday, April 23, 2024, at 9:30 a.m. MDT at 7001 Mount Rushmore Road, Rapid City, South Dakota. Attendees have the option to attend the meeting in person or they can listen to the meeting by dialing in via telephone. Shareholders will be able to access audio of the meeting by dialing 605-782-9484 and entering the passcode 604 530 619#. The presentation for the meeti
J&J is doubling down on medtech, a typically sleepy sector that has been risky, as it looks to grow after spinning of consumer health segment Kenvue.
Employees of an Omaha accounting firm found Leo, the missing dog, left in a dumpster with his face, paws, and tail covered in duct tape
PHOENIX, April 16, 2024 (GLOBE NEWSWIRE) -- Mobivity Holdings Corp. (OTCQB: MFON), a provider of technology connecting mobile gaming audiences to real-world brands and products, today announced financial results for the fourth quarter (“Q4”) and full year ending December 31, 2023. Q4 2023 Financial Highlights Revenues of $1.6 million compared to $1.7 million in Q4 2022Cash and cash equivalents totaled $0.4 million on December 31, 2023Adjusted EBITDA, excluding certain non-cash expenses improved
The actress got candid about aging in a conversation with Pedro Pascal for 'Interview Magazine'
A U.S. federal court on Tuesday set June 11 as the deadline to accept binding offers for shares in a parent of oil refiner Citgo Petroleum, a process organized to pay creditors for past expropriations and debt defaults in Venezuela. A hearing to choose the highest bidder could be held as soon as July 15, according to an auction schedule released by U.S. District Court in Delaware. The court last year launched an auction of shares in Citgo parent PDV Holding to satisfy $21.3 billion in claims.
United Airlines (UAL) reported better-than-expected first-quart results, beating estimates on both the top and bottom lines. The company posted revenue of $12.54 billion, exceeding the analyst estimate of $12.44 billion. On the bottom line, United reported an adjusted loss of $0.15 per share, outperforming the expected loss of $0.57 per share. To provide insights on the airline's performance, Third Bridge Global Sector Lead for Industrials, Materials and Energy Peter McNally joins Market Domination. McNally acknowledges that while United's earnings beat expectations, the expectations "were pretty low" in light of the "high-profile issues" the company faced during the quarter, including challenges with the Boeing (BA) 737 Max-9 fleet. However, he emphasizes that the key going forward will be United's outlook on capital expenditures and aircraft deliveries. McNally emphasizes the ongoing airplane shortage, as "Boeing's issues pre-date the pandemic" and Airbus cannot meet the entire industry's demand. As a result, he notes that United will be "pushing out capex" to secure the necessary aircraft to meet steady consumer travel demand. Looking ahead, McNally forecasts heightened scrutiny and oversight from the government and the Federal Aviation Administration, noting that "it's not making it any easier to be an airline these days." For more expert insight and the latest market action, click here to watch this full episode of Market Domination Overtime. This post was written by Angel Smith
The Booker Prize-winning author was stabbed while speaking at a literary festival in New York
Mitchell Starc has failed to live up to his record contract. Read more here.
"Getting a lap dance next to Madonna in front of 20,000 people was not on my 2024 bingo card," says Rogers, who just released her new album, 'Don't Forget Me'
HARTFORD, Conn. & BOSTON, April 16, 2024--Eversource Energy will webcast a conference call with financial analysts on Thursday, May 2, 2024, beginning at 9 a.m. Eastern Time, at which senior management will review the company’s financial performance through the first quarter of 2024.
The Boeing (BA) whistleblower which raised concerns about the manufacturer's assembly of its 787 Dreamliner is set to testify before the US Senate on Wednesday, April 17. Bank earnings continue to roll out as US Bancorp (USB), Citizens Financial Group (CFG), and Discover Financial Services (DFS) are scheduled to report first-quarter results tomorrow, among other companies. Lastly, Volkswagen (VWAGY) workers at a plant in Chattanooga, Tennessee will vote on whether to organize with the United Auto Workers (UAW) union. For more expert insight and the latest market action, click here to watch this full episode of Market Domination Overtime. This post was written by Luke Carberry Mogan.
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