Yearly US Gainers With Bullish Signs: $ABBV $KHC $ORCL

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AbbVie Inc generates $10.425 billion net revenue in Q2, surging 26.3% Free-Report/ABBV

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AbbVie Inc (NYSE:ABBV) waxed 8.36% year to date. Recently, the company had reported its second quarter financial results for the period ending June 30, 2020. The company generated $10.425 billion net revenue worldwide, surging 26.3 percent on the reported basis and down 5.3 percent on comparable operational basis.

The immunology portfolio generated $5.316 billion revenue depicting 8.1 percent increase, while the hematologic oncology portfolio revenue came in at $1.591 billion, reflecting 25.5 percent increase.

Meanwhile, the company also reported $0.46 loss as far as diluted EPS is concerned, on the GAAP basis. Adjusted diluted EPS for the second quarter came in at $2.34.

Kraft Heinz Co observes surging retail sales, but slumping food service business Free-Report/KHC

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Kraft Heinz Co (NASDAQ:KHC) boomed 8.28% through the year, until this date. Headquartered in the U.S., the company has seen a surging sale in the pandemic-induced panic-buying environment. The net sales recorded in second quarter came in at $6.6 billion, reflecting 3.8% growth as compared with the previous year.

There has been a surge in the retail sales for the company. However, the food services business in Canada and the U.S. has seen as written-down effect of pandemic with nearly $1.8 billion down. KHC has also additionally written down $1.1 billion on its seven major brands, as well as Maxwell House and Oscar Mayer.

Oracle Corporation launches new cloud service product, Cloud@Customer Free-Report/ORCL

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Oracle Corporation (NYSE:ORCL) fattened 5.66% year to date. This is an interesting long-haul stock to consider, given that the company has recently announced that it is launching Dedicated Region Cloud@Customer, its new product which is cloud service based. Cloud is seen as the future; the fact that is reinforced further in the times of pandemic.

This new Oracle product is aimed at helping customers with keeping their data safe and intact, while also bringing down the latency. With e-commerce, education and a range of other services going online, the need for cloud services has risen.

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