Shares of S&P Global Inc. slipped 0.82% to $348.61 Tuesday, on what proved to be an all-around poor trading session for the stock market, with the S&P 500 Index falling 0.16% to 3,962.71 and Dow Jones Industrial Average falling 0.39% to 32,825.95. The stock's fall snapped a four-day winning streak.
CNN's Don Lemon reacts to "Bachelor" Matt James breaking up with winner Rachael Kirkconnell over racist photos that resurfaced after taping of the show.
Shares of Lamb Weston Holdings Inc. shed 2.96% to $80.30 Tuesday, on what proved to be an all-around grim trading session for the stock market, with the S&P 500 Index falling 0.16% to 3,962.71 and Dow Jones Industrial Average falling 0.39% to 32,825.95. The stock's fall snapped a two-day winning streak.
Brokerages expect that FactSet Research Systems Inc. (NYSE:FDS) will announce $392.58 million in sales for the current fiscal quarter, according to Zacks. Six analysts have made estimates for FactSet Research Systems' earnings. The lowest sales estimate is $390.30 million and the highest is $395.40
Sustainability has been good for Wall Street's bottom line. Exchange-traded funds that explicitly focus on socially responsible investments have 43% higher fees than widely popular standard ETFs. The environmental, social, and governance funds' average fee was 0.2% at the end of last year, while standard ETFs that invest in U.S.
stock dropped again shortly after the market opened on Tuesday. While some short sellers appeared to cover their bearish bets in recent weeks, a short-selling expert says he still sees plenty of squeeze potential. Shares were down 19% to $178.12 around 10:30 a.m. Such levels are still many multiples higher than the stock's one-year low of $2.57.
MGM Resorts International stock will get a boost from a return to group tourism in Las Vegas, thanks to the spread of vaccinations and the easing of restrictions on travel and public gatherings. As of Monday, casinos and restaurants in Las Vegas can open to 50% capacity.
NOV Inc. warned Tuesday that first-quarter results would fall below previous estimates, as severe weather in Texas and Oklahoma and ongoing effects of the COVID-19 pandemic has led to softer-than-anticipated customer orders and disrupted operations. The provider of equipment to the oil and gas industry's stock was still inactive in premarket trading.
Shares of FuelCell Energy Inc. sank 8.7% in premarket trading Tuesday, after the alternative energy and fuel cell technology company reported a wider-than-expected fiscal first-quarter loss and revenue that fell more than forecast. The net loss for the quarter to Jan.
Designer Brands Inc. shares slipped 2.1% in Tuesday premarket trading after the footwear-and-accessories company reported fourth-quarter revenue that missed expectations. Net losses totaled $134.0 million, or $1.85 per share, after a loss of $7.6 million, or 11 cents per share, last year.
Shares of Jabil Inc. surged 3.8% toward a two-decade high in premarket trading Tuesday, after the contract manufacturer reported fiscal second-quarter profit and revenue that beat expectations and raised its full-year outlook, citing broad end-market strength, a more favorable product mix and "excellent" operational execution.
Adidas AG announced a partnership with fitness company Peloton Interactive Inc. during its investor event. Adidas gave no further detail about the alliance, except to say that more detail would come on March 18. "We're going to be very specific of what's coming out," said Kasper Bo Rørsted, chief executive of Adidas, during the event, according to FactSet.
After a hail storm in southern Minnesota nearly destroyed most of a family's harvest, founder of Cry Baby Craig's Hot Sauce came to the rescue by saving damaged peppers to make a sauce that is flying off the shelves. CNN affiliate WCCO reports.
CNN's Erin Burnett speaks to Texas chef and business owner Mike Nguyen, who owns Noodle Tree, about recent vandalism at his restaurant due to his mask requirement amid the coronavirus pandemic.
Antofagasta PLC on Tuesday posted a 6% increase in net profit for 2020 and raised the dividend for the period. The copper miner made a net profit of $893.9 million last year, up from $843.1 million in 2019, as lower costs and stronger prices more than offset a drop in copper production.
The drug companies and Gilead Sciences said Monday that they would collaborate to develop and market a long-acting HIV drug made up of two therapies-one made by Gilead, the other by Merck. The companies said they would develop oral and injectable therapies that combine the drugs, Gilead's lenacapavir and Merck's islatravir, and plan to begin a trial of the oral therapy in the second half of this year.
Report Description: The global research report on the Digital Wealth Management Market provides in-depth current market analysis scenario, upcoming as well as future opportunities, revenue growth, pricing and profitability. In addition, research report offers the historic data for year 2018 and 2019 and also provides the forecast data from year 2020 to 2028 which is based on revenue (USD Million).
Rising interest rates have caused a modest tech correction that analysts view could become a 20% to 25% bear market. I used the correction to invest $100,000 into 3 very high conviction buys
Avoiding stock blowups is in every investor's interest, but it's getting a bit tougher. Many companies that beat fourth-quarter estimates haven't been rewarded with higher share prices. High-growth stocks are facing steeper hurdles from rising bond yields. Investors appear to be rotating from growth to value and into sectors with more exposure to a cyclical economic recovery.
In the wake of Oprah's interview with Meghan and Harry, "what happens next is going to be really, really important for especially the print media" in the UK, former British TV presenter Trisha Goddard says. David Zurawik also comments on the impact of the interview.