Market Insights
Articles
Latest
View All-
UPS tries to deliver success, despite obstacles
Package-delivery giant United Parcel Service Inc. (NYSE: UPS) has languished in the doldrums over the past five years, with its stock slumping 39%, compared to a 76% gain for the S&P 500. The company has particularly suffered from intensified competition in the delivery industry, especially Amazon (NASDAQ: AMZN), and from the high wages it pays […]
-
Healthcare heavyweight Becton Dickinson may heal itself
Becton Dickinson (NYSE: BDX), the world’s largest manufacturer of surgical products, such as needles and syringes, has sucked wind in recent years, thanks largely to its own mistakes. The company faced safety recalls for its Alaris modular infusion pump that represented 10% of its profit. There have been legal and financial settlements for misdeeds, including […]
-
Vertex Pharmaceuticals’ shifts into kidney disease drugs
Vertex Pharmaceuticals (NASDAQ: VRTX) is shifting some of its focus into providing drugs that will treat kidney diseases to diversify its portfolio. The pharmaceutical company’s drug Povetacicept demonstrated positive results in a late-stage or phase 3 trial to treat chronic kidney disease. The medication was added to Vertex’s portfolio when it acquired Alpine Immune Sciences […]
-
Johnson & Johnson’s shift to cancer and immunology drugs is on the right course
Pharmaceutical giant Johnson & Johnson (NYSE: JNJ) appears to have made the right move in 2023 when the company chose to shift its attention to its pharmaceutical, medical technology, and medical device divisions. The $572 billion market cap company reported growth of 9.9% in revenue during the first quarter as sales reached $24.06 billion, beating […]
-
Ciena’s optical networking boosts speed of hyperscalers, telecoms
The increasing demand for artificial intelligence means that data centers and telecommunications companies need their connectivity to operate at extremely fast speeds, benefiting companies such as Ciena (NYSE: CIEN). A networking company, Ciena’s products are emerging as a critical tool for its customers, including telecommunications companies such as AT&T (NYSE: T) and Verizon Communications (NYSE: […]
-
News Corp. has evaded media woes; will that continue?
A lot of media companies have gone into the tank over the past few years, thanks to the rise of digital publishing and streaming. But News Corp. (NASDAQ: NWSA), controlled by the Murdoch family, isn’t one of them. The publisher of The Wall Street Journal and The Times of London has generated an annualized total […]
