[ad_1] United Airlines Holdings Inc.’s fourth-quarter results and its earnings potential are being lauded by analysts after the company successfully navigated the disruption caused by winter storm Elliott. The carrier…
[ad_1] Wendy’s new capital allocation strategy leaves room for upside, and could reduce the fast food restaurant chain’s debt, say analysts. On Friday Wendy’s Co. gave upbeat fourth-quarter guidance and its board…
[ad_1] U.S. stocks have gotten off to a solid start in 2023 thanks to cool inflation data and slower wage growth which investors hope will convince the Federal Reserve to…
[ad_1] The Labor Department’s job openings report may not be capturing a recent upturn in layoffs, according to new research from Goldman Sachs. Manuel Abecasis, a Goldman Sachs economist, looked…
[ad_1] Nelson Peltz’s Trian Fund Management will not pursue a takeover of Wendy’s Co., the activist hedge fund said Friday. Peltz is Wendy’s WEN, +5.30% non-executive chairman, as well as…
[ad_1] BlackRock Inc. on Wednesday added its name to the growing list of financial and other companies cutting jobs with plans to cut its workforce for the first time since…
[ad_1] Top House Republican Kevin McCarthy succeeded early Saturday in his push to become his chamber’s next speaker, claiming the job after first falling short in well over a dozen…
[ad_1] China, the world’s second-largest economy behind the U.S., is set to reopen in just a few days and one major Wall Street firm has boiled down the likely impact…
[ad_1] Shares of subprime auto giant Credit Acceptance Corp CACC, -11.61% tumbled about 12% on Wednesday after New York Attorney General Letitia James and a key U.S. consumer watchdog sued…
[ad_1] Outlays for construction projects rose 0.2% in November to $1.81 trillion, the Commerce Department reported Tuesday. Wall Street was expecting a drop of 0.4%. Spending in October fell a…
[ad_1] Most investors were likely happy to see 2022 come to an end when the bell rang out the final trading session of the year on Friday. Stocks logged their…
[ad_1] Treasury yields edged higher in a holiday-shortened session Friday, capping a brutal, record-breaking bond market selloff in 2022. SIFMA has recommended trading in U.S. fixed-income markets close an hour…
[ad_1] Global demand for crude oil could see a bigger surge than traders and analysts have penciled in for 2023 as China fully reopens its economy and the world puts…
[ad_1] GE Healthcare Technologies Inc. will be an S&P 500 stock as soon as it officially exists. General Electric Co. GE, -1.05% expects to spin off its healthcare arm into…
[ad_1] Shares of Lyft Inc. closed lower than $10 for the first time Tuesday as the ride-hailing company’s shares head for their worst year yet. Lyft LYFT, -3.33% stock fell…
[ad_1] Shares of Nio Inc. took a dive Tuesday, after the China-based electric vehicle maker said it was “prudently” cutting its fourth-quarter deliveries estimate, citing COVID-related production challenges and continued…
[ad_1] “‘I’m leaning short on the equity markets right now because I think the upside/downside just doesn’t make sense to me when I have so many…central banks telling me what…
[ad_1] Guggenheim Partners Global Chief Investment Officer Scott Minerd has died, the company announced in a press release issued Thursday. He was 63. The money manager was one of the…
[ad_1] A potential bounce for beaten down Tesla Inc. shares could be worthwhile for short-term traders, but probably doesn’t argue for a long-term investment, a widely followed technical analyst said…
[ad_1] U.S. stock futures advanced on Wednesday, with Wall Street poised to build on its climb out of a four-straight losing hole as the long Christmas weekend nears. Well-received results…
[ad_1] BlackRock, the world’s largest asset manager, has been making a case that U.S. stocks look “cheap” heading into 2023, even if equities might still need to find a bottom…
[ad_1] Cosmos Health Inc.’s stock pulled back Monday after the company announced the pricing of a $32.5 million registered direct offering, wiping away Friday’s big gains. Cosmos COSM, -63.15% stock fell…
[ad_1] U.S. stock futures pointed to sharp losses at the start of trading for Wall Street on Friday, amid investor expectations that central banks will continue to raise interest rates…
[ad_1] Coverage of Wednesday’s World Cup semifinal between France and Morocco on TV streaming service FuboTV Inc. FUBO was disrupted by a cyber attack, the company has confirmed. In a…
[ad_1] U.S. stock futures on Thursday pointed to a second straight decline after the Federal Reserve opted to close out the year with a more aggressive posture than investors anticipated.…
United Airlines’ ‘impressive top line’ and ‘earnings power’ cited by analysts after fourth-quarter beat and upbeat guidance
[ad_1] United Airlines Holdings Inc.’s fourth-quarter results and its earnings potential are being lauded by analysts after the company successfully navigated the disruption caused by winter storm Elliott. The carrier…
Wendy’s new capital allocation strategy leaves room for upside, could reduce debt
[ad_1] Wendy’s new capital allocation strategy leaves room for upside, and could reduce the fast food restaurant chain’s debt, say analysts. On Friday Wendy’s Co. gave upbeat fourth-quarter guidance and its board…
Martin Luther King Jr. Day: Is the stock market open on Monday?
[ad_1] U.S. stocks have gotten off to a solid start in 2023 thanks to cool inflation data and slower wage growth which investors hope will convince the Federal Reserve to…
Job openings data is missing a recent upturn in layoffs, Goldman economist says
[ad_1] The Labor Department’s job openings report may not be capturing a recent upturn in layoffs, according to new research from Goldman Sachs. Manuel Abecasis, a Goldman Sachs economist, looked…
Nelson’s Peltz’s hedge fund Trian won’t make bid for Wendy’s, backs new capital allocation strategy
[ad_1] Nelson Peltz’s Trian Fund Management will not pursue a takeover of Wendy’s Co., the activist hedge fund said Friday. Peltz is Wendy’s WEN, +5.30% non-executive chairman, as well as…
BlackRock cutting 500 jobs or less than 3% of workforce
[ad_1] BlackRock Inc. on Wednesday added its name to the growing list of financial and other companies cutting jobs with plans to cut its workforce for the first time since…
Kevin McCarthy elected House speaker, narrowly prevailing in 15th round of voting
[ad_1] Top House Republican Kevin McCarthy succeeded early Saturday in his push to become his chamber’s next speaker, claiming the job after first falling short in well over a dozen…
Here are potential impacts of China’s reopening on markets, Goldman Sachs says
[ad_1] China, the world’s second-largest economy behind the U.S., is set to reopen in just a few days and one major Wall Street firm has boiled down the likely impact…
Credit Acceptance shares tumble 12% after regulators sue, claim illegal subprime auto lending practices
[ad_1] Shares of subprime auto giant Credit Acceptance Corp CACC, -11.61% tumbled about 12% on Wednesday after New York Attorney General Letitia James and a key U.S. consumer watchdog sued…
Construction spending rises by 0.2% in November
[ad_1] Outlays for construction projects rose 0.2% in November to $1.81 trillion, the Commerce Department reported Tuesday. Wall Street was expecting a drop of 0.4%. Spending in October fell a…
Is the U.S. stock market open the day after New Year’s?
[ad_1] Most investors were likely happy to see 2022 come to an end when the bell rang out the final trading session of the year on Friday. Stocks logged their…
Treasury yields edge higher to cap brutal year for bond investors
[ad_1] Treasury yields edged higher in a holiday-shortened session Friday, capping a brutal, record-breaking bond market selloff in 2022. SIFMA has recommended trading in U.S. fixed-income markets close an hour…
Global oil demand could see surprise surge in 2023, says top hedge-fund trader
[ad_1] Global demand for crude oil could see a bigger surge than traders and analysts have penciled in for 2023 as China fully reopens its economy and the world puts…
GE Healthcare will join S&P 500 as soon as it begins trading
[ad_1] GE Healthcare Technologies Inc. will be an S&P 500 stock as soon as it officially exists. General Electric Co. GE, -1.05% expects to spin off its healthcare arm into…
Lyft stock closes lower than $10 for the first time; three-quarters of its valuation has been wiped away this year
[ad_1] Shares of Lyft Inc. closed lower than $10 for the first time Tuesday as the ride-hailing company’s shares head for their worst year yet. Lyft LYFT, -3.33% stock fell…
Nio stock drops after EV maker cut delivery guidance
[ad_1] Shares of Nio Inc. took a dive Tuesday, after the China-based electric vehicle maker said it was “prudently” cutting its fourth-quarter deliveries estimate, citing COVID-related production challenges and continued…
Why billionaire investor David Tepper is ‘leaning short’ on the stock market right now
[ad_1] “‘I’m leaning short on the equity markets right now because I think the upside/downside just doesn’t make sense to me when I have so many…central banks telling me what…
Scott Minerd, prominent Guggenheim Partners money manager, dies unexpectedly of heart attack
[ad_1] Guggenheim Partners Global Chief Investment Officer Scott Minerd has died, the company announced in a press release issued Thursday. He was 63. The money manager was one of the…
Possible Tesla bounce good for a trade, but not an investment, says technical analyst
[ad_1] A potential bounce for beaten down Tesla Inc. shares could be worthwhile for short-term traders, but probably doesn’t argue for a long-term investment, a widely followed technical analyst said…
Dow futures climb over 200 points after Wall Street snaps a losing run
[ad_1] U.S. stock futures advanced on Wednesday, with Wall Street poised to build on its climb out of a four-straight losing hole as the long Christmas weekend nears. Well-received results…
Are stocks cheap enough to buy? BlackRock says they are after a brutal 2022
[ad_1] BlackRock, the world’s largest asset manager, has been making a case that U.S. stocks look “cheap” heading into 2023, even if equities might still need to find a bottom…
Cosmos Health looks to sell stock, loses Friday’s big surge
[ad_1] Cosmos Health Inc.’s stock pulled back Monday after the company announced the pricing of a $32.5 million registered direct offering, wiping away Friday’s big gains. Cosmos COSM, -63.15% stock fell…
Dow futures drop 300 points on investor angst over expected aggressive central bank action into 2023
[ad_1] U.S. stock futures pointed to sharp losses at the start of trading for Wall Street on Friday, amid investor expectations that central banks will continue to raise interest rates…
World Cup semifinal coverage disrupted by cyber attack on streaming service FuboTV
[ad_1] Coverage of Wednesday’s World Cup semifinal between France and Morocco on TV streaming service FuboTV Inc. FUBO was disrupted by a cyber attack, the company has confirmed. In a…
U.S. stock futures point to rough start as Powell hawkishness reverberates
[ad_1] U.S. stock futures on Thursday pointed to a second straight decline after the Federal Reserve opted to close out the year with a more aggressive posture than investors anticipated.…