Johnson & Johnson (JNJ) reported third quarter results that topped analyst estimates on both the top and bottom lines. The health care company also raised its full-year guidance. The report was the company's first earnings release since it spun off its consumer health business, Kenvue (KVUE). Yahoo Finance Live breaks down the numbers. For more expert insight and the latest market action, click here to watch this full episode of Yahoo Finance Live.
Johnson & Johnson (JNJ) reported third quarter results that topped analyst estimates on both the top and bottom lines. The health care company also raised its full-year guidance. The report was the company's first earnings release since it spun off its consumer health business, Kenvue (KVUE). Yahoo Finance Live breaks down the numbers.
For more expert insight and the latest market action, click here to watch this full episode of Yahoo Finance Live.
Bloomberg
The value of retail purchases, unadjusted for inflation, increased 0.7% after an upwardly revised 0.8% gain in August, Commerce Department data showed. There were stronger sales at restaurants, motor vehicle dealers and personal care stores. Mike McKee breaks down the numbers on "Bloomberg Surveillance." Follow Bloomberg for business news & analysis, up-to-the-minute market data, features, profiles and more: http://www.bloomberg.com Connect with us on... Twitter: https://twitter.com/business Facebook: https://www.facebook.com/bloombergbusiness/ Instagram: https://www.instagram.com/quicktake/?hl=en
Bloomberg
Vincent Yang, founder and chief executive officer of Prologium Technology, discusses the company's business strategy and outlook. He speaks with Yvonne Man and Rishaad Salamat on "Bloomberg Markets: Asia" from the UBS Disruptive Technology CEO Summit in Hong Kong. This interview aired Oct. 12, 2023.
Reuters
Manufacturing output rose 0.4% last month, the Federal Reserve said on Tuesday. Economists polled by Reuters had forecast factory output would tick up 0.1%. Durable goods manufacturing output rose at a 2.3% annualized rate, which was offset by a 2.4% pace of decline in nondurable manufacturing.
TipRanks
Everyone has different strategies they put to work in the stock market, but the goal for all remains the same: to maximize returns. Of course, that applies to the big investing institutions too. The world’s biggest asset manager, BlackRock, boasting ~$9.43 trillion of total assets under management, uses a systematic investing method—an investment strategy that prioritizes the use of data-driven analysis, rigorous testing of investment concepts, and sophisticated computer modeling methods in its