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Notable Wednesday Option Activity: CVS, AAP, WBA

5 years 11 months ago
Among the underlying components of the S&P 500 index, we saw noteworthy options trading volume today in CVS Health Corporation (Symbol: CVS), where a total of 101,710 contracts have traded so far, representing approximately 10.2 million underlying shares. That amounts to a

Moody's Upgrades Credit Suisse and Affirms UBS Group Ratings

5 years 11 months ago
Moody's Investors Service has upgraded the senior unsecured debt ratings of Credit Suisse Group AG CS to Baa1 from Baa2. Further, the rating agency has affirmed the long-term deposit ratings, long-term issuer and senior unsecured debt ratings of UBS Group AG UBS at Aa2, Aa3 and A

Shopify's (SHOP) Black Friday/Cyber Monday Sales Reach $5.1B

5 years 11 months ago
Driven by spurt in online buying, Shopify Inc. SHOP announced that brands on its platform witnessed a 76% year-over-year surge in sales on Black Friday/Cyber Monday 2020 weekend, reaching $5.1 billion. The company had generated sales of $2.4 billion alone on Black Friday.

Photronics (PLAB) Reports Next Week: What to Expect

5 years 11 months ago
Photronics (PLAB) is expected to deliver flat earnings compared to the year-ago quarter on lower revenues when it reports results for the quarter ended October 2020. This widely-known consensus outlook gives a good sense of the company's earnings picture, but how the actual resul

UnitedHealth's (UNH) Solid Earnings View Buoys Investor Hopes

5 years 11 months ago
UnitedHealth Group Inc. UNH has provided an initial outlook for 2020 and 2021.For 2020, the company expects revenues to be approximately $257 billion with net earnings anticipated to be $15.90 per share and adjusted net earnings to be $16.75. The revenue as well as adjusted earni
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