Frontier Communications (FTR) reported earnings 30 days ago. What’s next for the stock? We take a look at earnings estimates for some clues. …read more […]
Abercrombie & Fitch, Signet Jewelers, Brown-Forman, Apple, SNAP and Facebook are the companies to watch. …read more […]
Warren Buffett is one of the most successful investors in history. “The Oracle of Omaha” has an estimated net worth of nearly $77 billion, making him the fourth-richest person in the world. From drinking Coke for breakfast to carrying around an old-school flip phone, Buffett has always done things his way. …read more […]
Tesla briefly fell below $300 on Thursday, it’s fourth day of declines since announcing it will remain a publicly traded company. Wall Street is now once again focused on the electric-car maker’s balance sheet and its struggle to reach profitability. Tesla declined for a fourth straight trading day on Wednesday, falling as much as 2%, to $297.80 a share, as Wall Street’s focus returns to the company’s balance sheet following CEO Elon Musk’s 16-day go-private saga that left the electric-car maker facing numerous lawsuits and a US Securities and Exchange investigation. …read more […]
Abercrombie & Fitch Co failed to take full advantage of an unusually long summer in Europe as its stock of Hollister brand of summerwear could not keep up with increased demand in the second quarter, sending its shares down as much as 14.6 percent.
Wells Fargo & Co has fired or suspended more than a dozen employees in its investment bank over alleged violations of the company’s expense policy regarding after-hours meals, the Wall Street Journal reported on Thursday, citing people familiar with the matter.
U.S. stocks fell on Thursday, after four days of gains, weighed down by weak results from retailers and on rising concerns over the U.S.-China trade war that has weighed on markets for most of the year.
The U.S. economy is expanding at a 4.1 percent annualized rate in the third quarter, the Atlanta Federal Reserve’s GDPNow forecast model showed on Thursday, following the release of the advanced economic indicators from the U.S. Census earlier this week.
Bank of America Corp’s wealth management arm Merrill Lynch is reintroducing brokerage capabilities to its retirement accounts, reversing a policy put in place to comply with Obama-era regulation.
An overhang of homeless crude in the Atlantic Basin has halved in recent weeks, suggesting oil traders are bracing for a further supply loss from Iran due to U.S. sanctions and a new rally in prices.
Warren Buffett’s birthday is on August 30, and the legendary investor turns 88 this year. Over the last half-century, Buffett has turned Berkshire Hathaway from a failing textile company into a massive conglomerate. A $1,000 investment in Berkshire in 1964, when Buffett first bought the company, would be worth nearly $17 million today. …read more […]
Apple (AAPL) is at a 52-week high, but can investors hope for more gains in the future? We take a look at the company’s fundamentals for clues. …read more […]
U.S. stock indexes were set to open lower on Thursday as optimism over U.S.-Canada trade talks was overshadowed by concerns over Washington’s tariff dispute with China, which has been the bigger weight on the market for most of the year.
The industrial powerhouse’s stock price slide seems to have stopped…for now. Safe to buy? …read more […]
China’s ZTE Corp said it expects to make a profit in the third quarter after recording its worst-ever first-half net loss on Thursday, the result of a U.S. supplier ban that forced the telecoms gear maker to halt operations for three months.
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