Since Russia invaded Ukraine a year ago, many global companies have exited their Russian operations, closing down retail locations, ending joint ventures, and in some cases selling off their business operations in the country. Two companies are among the examples of businesses choosing to still operate in Russia.
Philip Morris International Inc (NYSE:PM) reported fourth-quarter FY22 sales growth of 0.6% year-on-year to $8.15 billion, beating the consensus of $7.58…
The see-sawing mood in the market continues as Fed’s data dependency creates volatility. The index futures point to a solidly higher opening on Thursday, signaling a reversal in the sentiment seen in the previous session.
Cues From Wednesday’s Trading:
Companies Reporting Before The Bell
• AstraZeneca (NASDAQ:AZN) is expected to report quarterly earnings at $0.67 per share on revenue of $11.21 billion.
During times of turbulence and uncertainty in the markets, many investors turn to dividend-yielding stocks. These are often companies that have high free cash flows and reward shareholders with a high dividend payout.