The Latest Breaking News from Wikimedia Commons

Within the coming days, U.S. President Joe Biden is expected to announce another military aid package for Ukraine about the same size as the $800 million one last week, Reuters reported citing familiar sources. One U.S. official said a new package was expected that would be roughly the size of the previous…

Two analysts remained bullish despite slashing their price targets on Microsoft Corp (NASDAQ:MSFT). Citigroup analyst Tyler Radke maintained Microsoft with a Buy and lowered the price target from $386 to $355 (24.8% upside). Amidst rising investor concerns around the sustainability of robust software demand and valuation multiples, Citi analyst Tyler Radke expects MSFT's results to…

Johnson & Johnson (NYSE:JNJ) has reported Q1 FY22 adjusted earnings of $2.67 per share, up 3.1% Y/Y and ahead of the consensus of $2.61. Net sales increased 5% Y/Y (7.9% on an operational basis) to $23.43 billion, missing the consensus of $23.67 billion. Pharmaceuticals contributed $12.87 billion in sales, +9.3%, due to Darzalex…

The spouses of Supreme Court justices rarely make the news. But Ginni Thomas is becoming more famous than her husband as her politics shift from conservative to controversial.

NetGear, Inc. (NASDAQ:NTGR) reported first-quarter preliminary results. It plans to release the full results on April 27, 2022. NTGR reduced its revenue guidance and now expects net revenue to be between $202 million and $212 million, compared to prior guidance of $225 million to $240 million. The company says the U.S. consumer…

Activists in Massachusetts are looking to decriminalize psychedelics locally and at the state level: a new campaign by the Bay Staters for National Medicine is gathering signatures to include a decriminalization measure on the November ballot, Marijuana Moment reported. The Worcester Decrim Effort: If enough signatures are gathered, Worcester voters could decriminalize low-level…

Rite Aid Corp (NYSE:RAD) has reported Q4 FY22 sales of 6.06 billion, +2.5% Y/Y, beating the consensus of $5.95 billion. The Company reported an EPS loss of $(1.63) compared to $(0.78) a year ago. The growth is driven by growth in the Retail Pharmacy, partially offset by a decline in the Pharmacy…

Reuters reported that Australia's Rio Tinto plc (NYSE:RIO) confirmed its exit from the state mining lobby group after raising concerns that its policy on expanding coal mines did not align with the Paris Climate Agreement. Global corporations have been attempting to appease authorities and shareholders by striving for higher emission cuts to comply with…

Bed Bath & Beyond Inc (NASDAQ:BBBY) reported a fourth-quarter FY21 sales decline of 22% year-on-year to $2.05 billion, missing the consensus of $2.08 billion. Adjusted core sales fell 14%, and the adjusted comparable sales declined 12%. Adjusted gross margin contracted 400 basis points to 28.8%. Adjusted EBITDA loss was $(30) million, with the…