Kohl’s Corp. stock soared 33% in Monday trading to buck a highly negative market trend, after the department store retailer confirmed that it had received buyout offer. The Wall Street Journal first r...
Tag: Corporate/Industrial News
Opinion: Retirees in the U.S. do not live on ‘fixed incomes’
As inflation has gained traction in the last year, commentators constantly remark about how it is particularly hard on retirees who live on a “fixed income.” Please stop. Retirees do not live on fixe...
Odell Beckham Jr. took his $750K salary in bitcoin — how much did it cost him?
Los Angeles Rams wide receiver Odell Beckham Jr. made headlines last November when he announced he would be converting his 2021 salary into bitcoin. The problem for Beckham: that bitcoin BTCUSD, -0.41...
IBM Earnings Are Strong as Turnaround Takes Hold
Text size IBM sales were up 6.5% in the fourth quarter, to $16.7 billion. Ethan Miller/Getty Images IBM posted strong results Monday for its fourth quarter, with its best sales growth in more than a d...
IBM stock rallies as earnings, sales surge amid Kyndryl spinoff
International Business Machines Corp. shares rallied in the extended session Monday after Big Blue topped Wall Street expectations following the spinoff of its managed infrastructure-service business,...
Tesla, AT&T, Apple, Microsoft, Visa, and Other Stocks to Watch This Week
Text size Uncredited It will be a packed week of fourth-quarter earnings releases, with more than 100 S&P 500 companies scheduled to report. IBM and Halliburton are Monday’s highlights, followed ...
SoFi Stock Set to Rise on the Company’s Growth
Text size These reports, excerpted and edited by Barron’s, were issued recently by investment and research firms. The reports are a sampling of analysts’ thinking; they should not be considered the vi...
Intel still has a lot to prove to Wall Street one year after Pat Gelsinger came home
Intel Corp. had a rough 2021, and it looks like the chip maker will still face Wall Street criticism in 2022 for its ambitious capital investment plan and the success of competitors amid continuing de...
Fastenal and 4 More Companies That Raised Their Dividends This Week
Text size Fastenal increased its quarterly dividend by 11%. Luke Sharrett/Bloomberg Fastenal , Consolidated Edison , and J.B. Hunt Transport Services were among the U.S. companies that declared divide...
Wall Street: $100 Oil Might Just Be the Beginning
Text size The big question now for oil is where the U.S. dollar goes. Oil is priced in dollars and a strong dollar tends to hurt oil prices. Mario Tama/Getty Images A bet on $100 oil has gone from a l...
IBM Reports Its Earnings Monday. Here’s What to Expect.
Text size IBM has previously said it expects annual growth to return to the mid-single-digits range, starting this year. David Paul Morris/Bloomberg IBM will report fourth-quarter earnings after the c...
We’re in our 60s, my husband plans to work until he ‘drops dead’ and our medical bills are overwhelming – how can we retire like this?
My husband works for the county making approximately $55,000 a year but before that was in retail with earnings of only about $36,000. In 1996, our daughter was diagnosed with a life threatening incur...
SunPower to Record $31 Million of Charges for Cracking Issue. The Stock Tumbles.
Text size An employee works to install new solar panels at a solar plant in Turkey. Chris McGrath/Getty Images SunPower shares were falling sharply Friday after the solar tech company said it expects ...
Apple Stock Gets a Big Target Price Boost. Supply-Chain Problems Are Improving.
Text size Apple has faced tough supply-chain challenges. Things could be looking up. Chris McGrath/Getty Images Tech stocks were getting hammered again Friday, but there was good news on the radar for...
Bitcoin drops below $40,000 as global market selloff spreads to cryptocurrencies
Bitcoin prices were trading at levels not seen since August, pushing below a key support level on Friday, as a selloff of perceived riskier assets spread to cryptocurrencies. Bitcoin BTCUSD, -6.06%, t...
Monday’s worst-performing stocks in the S&P 500 are down as much as 42% for 2022
Monday’s stock-market decline accelerated, and a closer look at the day’s worst performers highlighted painful double-digit year-to-date drops. The Dow Jones Industrial Average DJIA, -2.92% was down a...