Articles by Daniel Marsh
Danaher Shares Extend Decline Ahead of Key Fed, Economic Data
Danaher shares dropped 1.1% Friday, continuing a two-session decline. Trading volume was active as markets prepare for a holiday closure and a data-heavy week ahead.
Merck Shares Surge to 52-Week High on Deutsche Bank Upgrade
Merck shares climbed to a 52-week high following an upgrade from Deutsche Bank, which raised its price target to $150. The company is set to present new bladder and kidney cancer data later this month.
Schwab Shares Dip on Mixed January Flows Ahead of Fed Minutes
Charles Schwab shares declined 1.4% to $93.72, underperforming the broader market, after reporting strong client inflows but a drop in sweep cash. Markets are closed Monday for the holiday.
C.H. Robinson Recovers as Insiders Buy After AI-Driven Selloff
C.H. Robinson stock rose 4.9% on Friday, recovering from a steep selloff sparked by concerns over AI technology in freight brokerage. Company insiders bought shares after the decline.
McDonald's Shares Dip After Recent High; Analysts Boost Targets on Value, Digital Strategy
McDonald's shares fell 1.36% to $327.58 Friday, partially reversing prior gains. Analysts at Argus and Jefferies raised price targets, highlighting value offerings and digital initiatives.
AT&T Shares Dip Ahead of Fed Minutes, Telecoms Mixed
AT&T shares closed lower Friday, trimming weekly gains as investors positioned for key economic data. The telecom giant recently closed a $5.75 billion fiber acquisition.
Ford Shares Approach 52-Week Peak Ahead of Holiday-Shortened Week
Ford Motor closed Friday at $14.12, up 0.9%, bringing its weekly gain to about 2.3%. The stock now sits roughly 2.6% below its 52-week high of $14.50.
Honeywell Declares Dividend, CEO Converts RSUs Ahead of Key Conferences
Honeywell International's board declared a $1.19 per share quarterly dividend payable in March, while CEO Vimal Kapur converted 2,742 restricted stock units. The stock rose 0.65% to $241.38 on Friday.
Nike Shares Rally 3.3% on Cost-Cutting, Dividend Announcement
Nike shares rose 3.3% to $63.13, ending a two-day decline. The company announced a quarterly dividend and Converse corporate job reductions.
American Express Shares Slide 4.7% Ahead of Fed Minutes
American Express stock declined 1.6% to $337.50 on Friday, extending a two-day slide of nearly 5%. The drop came amid broader weakness in payment sector stocks.
Coca-Cola Shares Dip Ahead of Key CAGNY Presentation
Coca-Cola shares declined slightly on Friday, with markets closed Monday for Presidents Day. Investors are focused on the company's upcoming presentation at the Consumer Analyst Group of New York conference.
Disney Recovers 3% After Bond Offering Details Emerge
Disney shares climbed 3% to $105.45, recovering from a prior 5.7% drop. The company filed to sell $4 billion in senior notes ahead of key inflation data next week.