Financial & Business News

Johnson & Johnson is attempting to resolve talc lawsuits through bankruptcy for a third time. This time around, it's letting claimants vote on its proposed settlement.

Coinbase would need to increase its current valuation by 1,400% to hit a $1 trillion market cap. The company's growth has been impressive, with user activity and revenue surging significantly since 2019.

Philip Morris International posted strong Q2 results and once again upped its full-year guidance. Zyn continues to be the big growth driver for the company.

Monday.com has gained 125% over the last two years and the stock trades at 614 times earnings. But the lofty valuation is based on a combo of stellar sales growth and robust profits.

Nike has struggled due to strategic missteps. The company currently trades at its lowest level in more than a decade.

When your stock is low, buy back shares.

The Bancorp is performing exceptionally well in 2024, with a 35% YTD increase and potential for new all-time highs. TBBK's emphasis on fintech has led to strong growth, profitability, and efficiency, with a focus on non-interest income and low-cost deposits. Management's long-term vision for TBBK as a "tech-bank" aims for high profitability, with potential ROE above 40% and ROA above 4%.

The Wall Street Journal reported on July 16 that the investment banking revenue of multiple Wall Street banks rose by double-digit percentage levels last quarter. As a result of increased economic stability in the U.S., the firm's corporate clients utilized more banking services, including deal advisory and debt offerings.

NDP has delivered attractive total return results since our prior update, driven by the energy sector's performance and a narrowing discount. The fund's leverage, high expense ratio, and small AUM pose risks that investors need to consider - but potential activist pressure could lead to changes coming soon. NDP's distribution is trading below the NAV target payout range of 7-10%, and that could indicate that it is due for an increase in its quarterly payout.

Howden Joinery Group Plc (OTCPK:HWDJF) Q2 2024 Earnings Conference Call July 25, 2024 3:30 AM ET Company Participants Andrew Livingston - Chief Executive Officer Paul Hayes - Chief Financial Officer Conference Call Participants Robert Chantry - Berenberg Aynsley Lammin - Investec Bank Benjamin Pfannes-Varrow - RBC Capital Ami Galla - Citigroup Christen Hjorth - Numis Securities Charlie Campbell - Stifel Shane Carberry - Goodbody Sam Cullen - Peel Hunt Andrew Livingston Welcome to the Howden's 2024 Interim Results Presentation. I'll begin by introducing our performance for the first half.