Bed Bath & Beyond is cleaving off an arm in an effort to conserve cash in what could be its final hours. A source told Yahoo Finance the company informed workers on Thursday that all of its Harmon brand stores would be closed as the embattled retailer continues on itsContinue Reading
(Bloomberg) — The selloff in Gautam Adani’s corporate empire accelerated on Friday, erasing more than $50 billion of market value in less than two sessions as Asia’s richest man struggles to contain the fallout from a scathing report by US short seller Hindenburg Research. Most Read from Bloomberg The routContinue Reading
WESTLAKE, Texas–(BUSINESS WIRE)– The Board of Directors of The Charles Schwab Corporation at its meeting today declared a 3 cent, or 14%, increase in the regular quarterly cash dividend to $0.25 per common share. The dividend is payable February 24, 2023 to stockholders of record as of the close ofContinue Reading
Investor sentiment has been improving, but the contrarians haven’t gone silent. Legendary British investor Jeremy Grantham is predicting hard times ahead, as he lays out his case for doom and gloom to cast a shadow on the markets. In Grantham’s view, the pandemic stock gains were a bubble, and thatContinue Reading
U.S. stocks rallied on Friday, closing out the week on an upbeat note, led by strong gains in the tech sector. The S&P 500 (^GSPC) finished Friday up 1.9%, though it still closed the week down 0.7%. The Dow Jones Industrial Average (^DJI) increased 1.0% on Friday. The technology-heavy NasdaqContinue Reading
Updated at 4:39 pm EST Tesla (TSLA) – Get Free Report posted stronger-than-expected fourth quarter earnings Wednesday, and even as cost cuts ate into the group’s profit margins CEO Elon Musk said he plans to outpace his forecast for a 50% annual delivery growth rate. Tesla said adjusted earnings for the threeContinue Reading
AT&T Inc. (T) – Get Free Report posted better-than-expected fourth quarter earnings with a muted near-term outlook Wednesday, while adding that it plans to pay down debt as a top priority after meeting dividend payments. AT&T said adjusted earnings for the three months ending in December were pegged at 61 centsContinue Reading
(Bloomberg) — Microsoft Corp. said revenue growth in its Azure cloud-computing business will decelerate in the current period and warned of a further slowdown in corporate software sales, fueling concern about a steeper decline in demand for the products that have driven its momentum in recent years. Most Read fromContinue Reading
Schwab Advisor Services and The Family Wealth Alliance will continue mutual focus on building community and offering value-added knowledge and resources for multifamily and single family wealth firms WESTLAKE, Texas–(BUSINESS WIRE)– The Charles Schwab Corporation (“Schwab”) today announced it has acquired The Family Wealth Alliance (“FWA”), a leading community andContinue Reading
While the big-name stocks may get the attention and the headlines, they’re not the only game in town. And sometimes, the market giants aren’t even the best place to turn for solid returns on that initial investment. There are small- to mid-cap stocks in the market that can present anContinue Reading