When Amgen Inc. (NASDAQ: AMGN) reported its third-quarter financial results after the markets closed on Thursday, the company said that it had $3.02 in earnings per share (EPS) and $5.81 billion in revenue. Consensus estimates from Thomson Reuters had called for $2.79 in EPS and revenue of $5.74 billion. In the same period of last year, the biotech giant posted EPS of $2.72 and $5.72 billion in revenue.
In terms of guidance for the full year, the company expects to have EPS in the range of $11.40 to $11.55 and revenues between�$22.6 billion and $22.8 billion. Both forecasts increased from their previous levels. The consensus estimates for the full year are $11.36 in EPS and $22.77 billion in revenue.
The company generated $2.5 billion of free cash flow in the third quarter, compared with $2.8 billion in the third quarter of 2015. The board of directors declared a dividend of $1.00 per share on October 14 that will be paid on December 8 to all stockholders of record as of November 16.
Best Tech Stocks To Watch Right Now: Tenneco Inc.(TEN)
Advisors' Opinion:- [By Jim Crumly]
As for individual stocks,�Verifone Systems (NYSE:PAY) is being acquired by a group of private investors, and Tenneco (NYSE:TEN) is buying an auto parts business before splitting into two public companies.
- [By Max Byerly]
News coverage about Tenneco (NYSE:TEN) has trended somewhat positive on Thursday, according to Accern Sentiment Analysis. The research group identifies negative and positive press coverage by reviewing more than 20 million blog and news sources. Accern ranks coverage of companies on a scale of negative one to positive one, with scores closest to one being the most favorable. Tenneco earned a media sentiment score of 0.15 on Accern’s scale. Accern also gave news stories about the auto parts company an impact score of 45.6033995882995 out of 100, meaning that recent press coverage is somewhat unlikely to have an impact on the company’s share price in the next few days.
- [By Stephan Byrd]
Tokenomy (CURRENCY:TEN) traded 0.7% lower against the dollar during the one day period ending at 23:00 PM ET on May 13th. In the last seven days, Tokenomy has traded down 18.2% against the dollar. One Tokenomy token can now be purchased for approximately $0.26 or 0.00003099 BTC on major cryptocurrency exchanges. Tokenomy has a market capitalization of $32.49 million and approximately $411,692.00 worth of Tokenomy was traded on exchanges in the last day.
- [By Shane Hupp]
Tokenomy (CURRENCY:TEN) traded 1.2% lower against the U.S. dollar during the one day period ending at 18:00 PM ET on May 24th. During the last week, Tokenomy has traded down 7.6% against the U.S. dollar. Tokenomy has a total market cap of $30.34 million and $258,901.00 worth of Tokenomy was traded on exchanges in the last day. One Tokenomy token can now be bought for about $0.24 or 0.00003211 BTC on exchanges.
- [By Joseph Griffin]
Tenneco (NYSE: TEN) and China Automotive Systems (NASDAQ:CAAS) are both auto/tires/trucks companies, but which is the superior business? We will compare the two businesses based on the strength of their institutional ownership, earnings, risk, profitability, analyst recommendations, dividends and valuation.
Best Tech Stocks To Watch Right Now: US Foods Holding Corp. (USFD)
Advisors' Opinion:- [By Shane Hupp]
Morgan Stanley upgraded shares of US Foods (NYSE:USFD) from an equal weight rating to an overweight rating in a report published on Tuesday, MarketBeat reports. The brokerage currently has $43.00 price objective on the stock.
- [By Shane Hupp]
Caldera Capital LLC grew its position in US Foods Holding Corp (NYSE:USFD) by 2.6% in the 1st quarter, according to its most recent filing with the SEC. The firm owned 223,579 shares of the company’s stock after buying an additional 5,632 shares during the period. US Foods accounts for approximately 6.6% of Caldera Capital LLC’s investment portfolio, making the stock its 9th largest holding. Caldera Capital LLC’s holdings in US Foods were worth $7,326,000 at the end of the most recent reporting period.
- [By Ethan Ryder]
Shares of US Foods Holding Corp. (NYSE:USFD) reached a new 52-week high and low during trading on Thursday . The stock traded as low as $35.82 and last traded at $35.76, with a volume of 54880 shares trading hands. The stock had previously closed at $35.43.
- [By Lisa Levin]
Some of the stocks that may grab investor focus today are:
Wall Street expects Discovery, Inc. (NASDAQ: DISCA) to report quarterly earnings at $0.44 per share on revenue of $1.99 billion before the opening bell. Discovery shares rose 0.47 percent to $23.50 in pre-market trading. Analysts expect Marriott International, Inc. (NASDAQ: MAR) to post quarterly earnings at $1.22 per share on revenue of $5.72 billion after the closing bell. Marriott shares gained 0.08 percent to $136.75 in pre-market trading. Veeco Instruments Inc. (NASDAQ: VECO) reported stronger-than-expected earnings for its first quarter. Veeco Instruments shares surged 14.04 percent to $19.50 in the after-hours trading session. Before the markets open, DISH Network Corporation (NASDAQ: DISH) is projected to report quarterly earnings at $0.7 per share on revenue of $3.50 billion. DISH shares gained 1.53 percent to close at $33.90 on Monday. Analysts are expecting US Foods Holding Corp. (NYSE: USFD) to have earned $0.32 per share on revenue of $5.98 billion in the latest quarter. US Foods will release earnings before the markets open. US Foods shares rose 0.57 percent to close at $33.72 on Monday. Snap Inc (NYSE: SNAP) disclosed that its CFO Andrew Vollero will leave the company and Amazon.com's VP Of Finance Tim Sloan will assume the role. Snap shares gained 1.3 percent to $10.88 in pre-market trading.Find out what's going on in today's market and bring any questions you have to Benzinga's PreMarket Prep.
Best Tech Stocks To Watch Right Now: LinkedIn Corporation(LNKD)
Advisors' Opinion:- [By ]
Private Equity�
This is where Yale's earned the best returns. Private equity is ownership in companies. That dramatic 93% in annual returns for the past 20 years all came from Yale's private equity investments. Early Investments in Google (now Alphabet) (Nasdaq: GOOG) and LinkedIn (Nasdaq: LNKD) helped create these massive returns. Private equity currently makes up about 16% of Yale's holdings.
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