Dec. 1, 2022

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Pathward Financial (NASDAQ: CASH) – In late October, Pathward Financial announced that Sonja Theisen will succeed Glen Herrick as chief financial officer, effective April 30, 2023. Theisen currently serves as executive vice president of governance, risk and compliance. In November, the company also announced that it would issue a cash dividend of 5 cents per share to shareholders of record on Dec. 8. CASH stock will trade ex-dividend on Dec. 7.

SAB Biotherapeutics (NASDAQ: SABS) – SAB Biotherapeutics reported third-quarter earnings on Nov. 15. The company missed on both the top and bottom lines. Revenue of $3.6 million was 48 percent lower than expectations. The company also delivered negative earnings per share of 16 cents, which also was worse than the negative 14 cents per share expected by analysts. However, SABS stock is up nearly 10 percent as analysts remain somewhat bullish on the stock.

First Interstate BancSystem (NASDAQ: FIBK) – On Nov. 18, First Interstate BancSystem issued a cash dividend of 47 cents per share to shareholders of record on Nov. 8. FIBK stock began trading ex-dividend on Nov. 7. That makes it 10 consecutive years of dividend increases for the company.

Wells Fargo (NYSE: WFC) – On Nov. 7, Wells Fargo reported that mortgage originations were down 90 percent on a year-over-year basis, creating concern that layoffs may be imminent for a bank that historically is reliant on mortgage revenue. The bank will issue a cash dividend of 30 cents per share today. The dividend will go to shareholders of record on Nov. 4, 2022.

NorthWestern Energy (NASDAQ: NWE) – In a presentation that NorthWestern Energy delivered to the EEI Financial Conference, the company announced that it received the fifth best score among 50 publicly traded North American utility and power companies for best governance practice, according to Moody’s Investment Services.

CNH Industrial (NYSE: CNHI) – On Nov. 8, CNH Industrial reported third-quarter earnings. The company beat on both the top and bottom lines. Revenue came in at $5.88 billion, which was higher than analysts’ expectations of $5.33 billion. And earnings per share came in at 41 cents, higher than expectations for 32 cents per share. CNHI stock has climbed 17 percent since the earnings report.

Citigroup (NYSE: C) – Citigroup issued a cash dividend of 51 cents per share Nov. 23. The dividend was distributed to shareholders of record on Nov. 7.

McDonald’s (NYSE: MCD) – Investors in MCD stock may want to watch the progress of a lawsuit that McDonald’s filed against pork producers. The lawsuit, which lists many of the leading pork suppliers as defendants, claims that the industry conspired to fix pork prices over the past 14 years.

Walmart (NYSE:WMT) – Walmart was expected to be one of the season’s most closely watched earnings reports. On Nov. 15, the company beat expectations for both revenue and earnings. Revenue came in at $152.80 billion, which was above the $146.80 billion expected by analysts. Earnings per share came in at $1.50, which was above expectations for $1.32.

Target (NYSE:TGT) – TGT stock has dropped about 10 percent since the company delivered a disappointing earnings report. On Nov. 15, Target announced revenue of $26.12 billion, which was short of expectations for $26.40 billion. In terms of profit, the $1.54 EPS was much lower than the $2.15 EPS expected by analysts.

Macy’s (NYSE:M) – Macy’s surprised many investors by delivering a double beat when the retailer reported earnings Nov. 17. Revenue came in at $5.26 billion, which was a slight beat from the $5.23 billion expected by analysts. And earnings provided a larger beat. Macy’s reported 52 cents EPS as opposed to expectations for EPS of 19 cents per share.

Amazon (NASDAQ:AMZN) – Amazon is reporting that it had its biggest ever Thanksgiving holiday shopping weekend. The company said the independent businesses that sell on its site generated over $1 billion in sales.

Costco (NASDAQ:COST) – On Nov. 10, Costco paid a cash dividend of 90 cents per share to shareholders of record Oct. 28. The company will deliver its earnings report for the first quarter of its new fiscal year on Dec. 8.

Ford Motor (NYSE:F) – Ford Motor announced that it produced its 150,000th Mustang Mach-E. This comes approximately two years after the company started production. This keeps the company on track to scale EV production to 600,000 annually by late 2023 and more than 2 million by 2026.

General Motors (NYSE:GM) – In an interview with Reuters, GM’s chief operating officer said that Cruise, the company’s robotaxi unit, plans to enter a “large number of markets” and scale operations up to “thousands of vehicles” in 2023. The company announced plans to start offering rides in Austin and Phoenix, adding those cities to its current base in San Francisco. The company plans to expand to more cities in 2023.

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