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from24/7 Wall St.
2 hours agoWells Fargo Set for 16% Upside Despite Recent Selloff
Wells Fargo is projected to rise to $92.25 within 12 months, supported by asset cap relief, segment momentum, and aggressive buybacks.
The owner of British Airways has warned that the war in Iran will saddle the group with a €2 billion fuel bill shock this year, taking the gloss off a bullish set of first-quarter numbers and forcing the City to rein in its profit expectations.
Sony forecast annual sales at its gaming business would fall 6 percent to JPY 265.7 billion ($1.69 billion) due to lower hardware sales as its PlayStation 5 ages and as the industry grapples with a surge in memory chip prices. The Japanese company said it expects gaming profits to rise 30 percent due to higher first-party software sales and the absence of an impairment loss it recorded a year earlier.
We're also funding incremental shareholder returns for free cash flow after distributions, rather than leverage buybacks. And so it's just a bit more of a conservative approach that we're following that is in line with our profile and Chevron's target of 200,000 barrels of oil per day plateau production in the Bakken.
Blue-chip dividend stocks delivered mixed returns last week as investors weighed earnings reports, dividend announcements, and shifting interest rate expectations. With 10-year Treasury yields declining to 4.09%, the relative appeal of dividend-paying equities improved, though performance varied significantly across sectors. Let's look at last week's winners in the dividend space ahead of the market opening today. Dow Futures are currently off about .2% in premarket trading,
Apple ( Nasdaq: AAPL) | AAPL Price Prediction just distributed $0.26 per share to shareholders on February 12, 2026, marking another quarterly payment in the company's uninterrupted dividend streak spanning over a decade. With a current yield of 0.38% and shares trading at $279.72, Apple's dividend profile reflects a company prioritizing capital appreciation and share buybacks over income generation. Here's how the tech giant's dividend stacks up across key sustainability metrics.
"2025 was a year of accelerated momentum, with strong operational and financial performance across Shell." He added, "In the fourth quarter, despite lower earnings in a softer macro (environment), cash delivery remained solid and today we announce a 4% increase in our dividend and 3.5 billion dollars share buyback, making this the 17th consecutive quarter of at least three billion dollars of buybacks."
Revenue -- $2.14 billion, up 2% year over year, driven by Dow Jones and Digital Real Estate Services, with digital and AI-related revenues providing incremental uplift. Total Segment EBITDA -- $340 million, increased 5% year over year with 40 basis points improvement in margin to 15.9%. Net Income from Continuing Operations -- $150 million, compared to $149 million a year ago. Adjusted EPS -- $0.22, up from $0.20 in the same period last year.
Wells has bought back $5.5 billion of its stock so far this quarter. That's the most the bank has bought back in a single quarter all year... That is a huge sign of confidence from CFO Mike Santomassimo, who said that he's seeing green shoots now that the Fed has removed the asset cap penalty on Wells. I'd be a buyer if we didn't already own so much of it from my charitable trust.
Disney beat earnings expectations this morning but missed on revenue, a split result that underscores the tension between the company's recovery momentum and its struggle to grow the top line. Adjusted EPS came in at $1.11 versus the $1.06 estimate, while revenue landed at $22.46 billion against a $22.98 billion expectation. The stock was trading near $116 at filing. The bright spot was Parks and Experiences, where operating income climbed 13% year over year on strong domestic and international performance.
One unexpected side effect of the Magnificent 7's race to build massive AI data centers-and source the power needed to run them-is that they are reducing share buybacks to fund them, according to Goldman Sachs. Companies routinely buy back their own shares to incentivize investors for holding them, to reduce the number of shares available (thus boosting earnings per share), and to boost their own stock prices.