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Bausch Health shares drop as results from its recent eyecare IPO fail to inspire

While we don't directly own Bausch + Lomb stock, we do hold shares of Bausch Health, which owns about 90% of its former eyecare unit. While we don't directly own Bausch + Lomb stock, we do hold shares of Bausch Health, which owns about 90% of its former eyecare unit. FOLLOW US ON GOOGLE NEWS Read original article here Denial of responsibility! Techno Blender is an automatic aggregator of the all world’s media. In each content, the hyperlink to the primary source is specified. All trademarks belong to their…

This stock stands to benefit from the retail glut that Target warned about

After Target (TGT) lowered its margin guidance for the second quarter, here's where the CNBC Investing Club would look in the retail sector. After Target (TGT) lowered its margin guidance for the second quarter, here's where the CNBC Investing Club would look in the retail sector. FOLLOW US ON GOOGLE NEWS Read original article here Denial of responsibility! Techno Blender is an automatic aggregator of the all world’s media. In each content, the hyperlink to the primary source is specified. All trademarks…

DocuSign, Campbell, Moderna and more

The Docusign Inc. website on a laptop computer arranged in Dobbs Ferry, New York, U.S., on Thursday, April 1, 2021.Tiffany Hagler-Geard | Bloomberg | Getty ImagesCheck out the companies making headlines in midday trading.Campbell Soup – The food company saw shares gain 2.3% after reporting a better-than-expected quarterly report. Campbell posted an adjusted profit of 70 cents per share, 9 cents above Refinitiv consensus estimates. Sales also beat forecasts, and Campbell raised its full-year sales outlook. The company…

We're changing our price targets on 8 stocks in the portfolio

The moves reflect recent earnings reports, comments from company executives, and general market multiple compression. The moves reflect recent earnings reports, comments from company executives, and general market multiple compression. FOLLOW US ON GOOGLE NEWS Read original article here Denial of responsibility! Techno Blender is an automatic aggregator of the all world’s media. In each content, the hyperlink to the primary source is specified. All trademarks belong to their rightful owners, all materials to…

Eli Lilly's new diabetes drug continues to show promise as an obesity treatment

Eli Lilly continues to work on commercializing its strong innovation pipeline, which is a key reason the CNBC Investing Club owns the stock. Eli Lilly continues to work on commercializing its strong innovation pipeline, which is a key reason the CNBC Investing Club owns the stock. FOLLOW US ON GOOGLE NEWS Read original article here Denial of responsibility! Techno Blender is an automatic aggregator of the all world’s media. In each content, the hyperlink to the primary source is specified. All trademarks…

Target, Kohl’s, Peloton and more

FILE PHOTO: Shoppers exit a Target store during Black Friday sales in Brooklyn, New York, U.S., November 26, 2021. Brendan Mcdermid | ReutersCheck out the companies making headlines in midday trading.Target — Shares of the retailer fell more than 4% after the company said it will take a short-term hit to profits as it cancels orders and marks down unwanted merchandise. CEO Brian Cornell said the big-box retailer wants to clear room for merchandise including groceries and back-to-school supplies.Kohl's — The department…

Here's why we're fans of Amazon's 20-for-1 stock split

While fractional shares are offered on brokerage platforms, many people want to own full shares. Splits allow them to do so more easily. While fractional shares are offered on brokerage platforms, many people want to own full shares. Splits allow them to do so more easily. FOLLOW US ON GOOGLE NEWS Read original article here Denial of responsibility! Techno Blender is an automatic aggregator of the all world’s media. In each content, the hyperlink to the primary source is specified. All trademarks belong to…

Why Meta drop on Sandberg's exit is a good chance to snap up shares

While we will miss the leadership of Sandberg — the company's COO and No. 2 to CEO and co-founder Mark Zuckerberg — it doesn't change our investment thesis. While we will miss the leadership of Sandberg — the company's COO and No. 2 to CEO and co-founder Mark Zuckerberg — it doesn't change our investment thesis. FOLLOW US ON GOOGLE NEWS Read original article here Denial of responsibility! Techno Blender is an automatic aggregator of the all world’s media. In each content, the hyperlink to the primary source…

Tiger Global drops 14% in May during the tech sell-off, pushing hedge fund’s 2022 losses to over 50%

Chase Coleman's Tiger Global Management suffered huge losses in May amid a tech-driven sell-off, making the hedge fund's tough 2022 even worse.The growth-focused flagship fund at Tiger Global tumbled 14.3% in May, bringing its 2022 losses to over 50%, a source familiar with the return told CNBC's David Faber."Our recent public fund performance is deeply frustrating. Our business is set up with duration to weather storms when they arise," Tiger Global said in an investor letter.In the first quarter, Tiger Global doubled…

Turning Point Therapeutics, Lululemon, RH and others

Check out the companies making headlines before the bell:Turning Point Therapeutics (TPTX) – The biopharmaceutical company's shares more than doubled in premarket trading after agreeing to be acquired by Bristol Myers Squibb (BMY) for $76 per share in cash, or $4.1 billion. Turning Point specializes in cancer treatments.Lululemon (LULU) – Lululemon shares rose 1% in premarket trading after the athletic apparel and leisurewear maker reported a better-than-expected quarter and raised its full-year forecast. Lululemon beat…