Two portfolios — one GOP, one Democrat — make predictions about the US midterms

Two portfolios — one GOP, one Democrat — make predictions about the US midterms

ShareShare the article via FacebookShare the article via TwitterShare the article via LinkedInShare the article via email Energy, defense, insurance and pharmaceutical stocks will benefit from policies set by Republicans. Clean energy is a winner if the Democrats excel. Plus, the latest on the midterms and aid to Ukraine, CNBC’s Ted Kemp reports.

4 of our stocks are in the news. Here is the club’s take on each development

4 of our stocks are in the news.  Here is the club’s take on each development

Four of our club holdings — Costco Wholesale ( COST ), Amazon ( AMZN ), Humana ( HUM ) and Bausch Health ( BHC ) — were in the news Thursday. Here’s how we feel about the development. Costco The News: Costco reported sales for the retail month of October after the closing bell Wednesday … Read more

Pfizer releases data showing omicron boosters better than old shots

Pfizer releases data showing omicron boosters better than old shots

A healthcare worker administers a dose of the Pfizer covid-19 vaccine to a man at the Sanford Civic Center. With the emergence of the Omicron covid-19 variant in several countries, including the United States, the US Centers for Disease Control (CDC) encouraged all vaccinated adults to receive their Covid-19 booster shots. Paul Hennessy | LightRocket … Read more

Elon Musk says Twitter has had a massive drop in revenue

Elon Musk says Twitter has had a massive drop in revenue

Twitter Inc. has suffered “a massive drop in revenue” due to advertisers cutting back on use of the social media platform, new owner Elon Musk said Friday, as the company began sweeping layoffs just over a week after the billionaire took over . Musk, in a tweet Friday, blamed the cut in advertising on “activist … Read more

The AARP-branded Medicare Drug Plan is too expensive for many retirees, critics say

The AARP-branded Medicare Drug Plan is too expensive for many retirees, critics say

The AARP name has become a marketing staple among baby boomers, with the group’s nearly 38 million members receiving offers on AARP-branded health, life and auto insurance and discounts on cell phones, travel, car rentals and even pet insurance. One of its most popular brands is the advanced AARP MedicareRx Preferred plan underwritten by United … Read more

General Mills, Audi and Pfizer join the growing list of companies pausing Twitter ads

General Mills, Audi and Pfizer join the growing list of companies pausing Twitter ads

Some advertisers are concerned that Mr. Musk may scale back content moderation, which they worry will lead to an increase in objectionable content on the platform. Others are temporarily halting their ads because of the uncertainty in the company as top executives leave and Mr. Musk is considering a number of changes, some of the … Read more

General Mills, Audi and Pfizer join the growing list of companies pausing Twitter ads

General Mills, Audi and Pfizer join the growing list of companies pausing Twitter ads

Some advertisers are concerned that Mr. Musk may scale back content moderation, which they worry will lead to an increase in objectionable content on the platform. Others are temporarily halting their ads because of the uncertainty in the company as top executives leave and Mr. Musk is considering a number of changes, some of the … Read more

J&J Makes $16.6 Billion Bet on Heart Pumps to Boost Medical Device Sales

J&J Makes $16.6 Billion Bet on Heart Pumps to Boost Medical Device Sales

However, the health products company will face challenges in meeting ambitious growth targets for the new business, and ongoing clinical trials are not certain to produce results that will lead to the wider use of Abiomed’s devices that J&J expects, analysts say. J&J’s medical device business, which sells artificial knees and contact lenses, has seen … Read more

CVS Pays $5 Billion to Settle Opioid Lawsuits

CVS Pays $5 Billion to Settle Opioid Lawsuits

CVS health corp. CVS -0.08% has agreed to pay about $5 billion in a landmark settlement that the company says will resolve all remaining opioid crisis lawsuits filed by states, cities and other governments. The largest U.S. drugstore company is the first pharmacy chain to reach a settlement in the collection of lawsuits filed by … Read more

CVS Health reports Q3 earnings

CVS Health reports Q3 earnings

Rafael Henrique | Lightrocket | Getty Images CVS health reported third-quarter earnings Wednesday morning that beat Wall Street expectations. Here’s how the drugstore giant fared compared to Wall analysts’ estimates, according to Refinitiv: Earnings per share $2.09 vs. $1.99, expected. Revenue $81.16 billion vs. $76.75 billion, expected. The results mark a 10% year-over-year revenue increase … Read more