June 23, 2024

Benzinga critiques this weekend’s high tales coated by Barron’s. Listed below are the articles buyers must learn.

In “Verizon Inventory Is Having Its Greatest Week Since January. Right here’s What Sparked the Rally,” Angela Palumbo writes that Verizon Communication Inc‘s VZ inventory had its finest week since January after reporting sturdy Q3 earnings and the next dividend yield, regardless of a slight drop on Friday.

In “Dexcom Inventory Soars on Earnings. Ozempic Isn’t the Menace It Was Presupposed to Be,” Jacob Sonenshine explains that DexCom, Inc‘s DXCM inventory is rising as sturdy earnings recommend that the adoption of diabetes medicine like Ozempic is not considerably impacting the demand for steady glucose monitoring gadgets, with gross sales and revenue margins exceeding expectations.

In “VF Corp Activist Sees Inventory Doubling,” Carleton English writes that VF Corp VFC, the mother or father firm of The North Face, is dealing with heightened scrutiny and activist investor strain as a result of a 75% inventory decline within the final two years.

In “First Residents Inventory Has Taken Off. Its ‘Greatest Days’ Could Be Forward,” English says that First Residents Bancshares Inc FCNCA inventory has surged this yr on the profitable integration of Silicon Valley Financial institution, and analysts anticipate additional positive aspects, though there are potential dangers.

In “Altria Inventory Selloff Lifts Dividend Yield to Almost 10%,” Andrew Bary writes that Altria Group Inc‘s MO inventory fell 8% as a result of an earnings miss and lowered 2023 steerage, resulting in a virtually 10% dividend yield, with issues a couple of 10% drop in cigarette quantity.Learn Subsequent: Stellantis And UAW Strike Tentative Settlement, Ending Six-week Labor Strike

This content material was partially produced with the assistance of AI instruments and was reviewed and revealed by Benzinga editors.Photograph: Shutterstock

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