Text size CVS stock is falling after earnings. Bryan Bedder/Getty Images for CVS Pharmacy CVS Health stock was falling after reporting better-than-expected earnings Wednesday but confirming full-yea...
Tag: Corporate
Disney Reports Today. Here’s What to Expect.
The Disney+ logo. Subscribership growth will be a critical element of the results. Gabby Jones/Bloomberg Text size Walt Disney ‘s results on Wednesday will be a chance for the company to show it can d...
Tesla Finally Gets a Mention as Biden Talks Up Electric Vehicles
Text size President Joe Biden spoke in Washington, D.C., on Tuesday. Brendan Smialowski/AFP/Getty Images President Joe Biden just publicly said the T-word— Tesla —seeming to extend an olive branch to ...
Amazon more than doubles base pay for corporate and tech employees
With the US labor market getting tighter and employees changing jobs or quitting in droves, Amazon has made a big move to become more competitive. The company has boosted its maximum base pay from $16...
DuPont Beat Earnings Expectations and Announced a Dividend Boost
Text size DuPont shares were up 5.6% in recent trading. Mark Makela/Getty Images Materials giant DuPont beat Wall Street’s fourth-quarter earnings estimates and raised its quarterly dividend. But its ...
Accounting Standards Are Key to Getting Digital Assets on Corporate Balance Sheets
Through the comment process, FASB received a significant response of 522 comment letters. Of these 522 responses, 445 (85% of the respondents) commented solely and exclusively on accounting standards ...
Lyft’s Revenues Top Estimates as Ride-Sharing Business Picks Up
Text size Lyft was profitable on an adjusted basis for the first full year in 2021. Dreamstime Lyft posted better-than-expected fourth-quarter results, reporting both improving ride volumes and increa...
Peloton stock continues rally as company replaces John Foley as CEO
Peloton Interactive Inc.’s newly announced chief executive will face a lowered bar as the maker of exercise equipment once again cut its full-year forecast in the face of slowing demand. Tuesday marke...
Nvidia Calls Off Acquisition of Chip-Designer Arm. It’s Not a Surprise.
Text size Justin Sullivan/Getty Images Shares of Nvidia fell in premarket trading Tuesday after the graphics chipmaker and Japan’s SoftBank agreed to call off Nvidia’s deal to buy microprocessor desig...
Buy the dip? Why the stock market’s bounce off January lows may prove premature
A big stock-market bounce after an ugly January might reflect misplaced confidence in a previously tried-and-true trading strategy, a Wall Street analyst warned on Monday. “After a tough markdown of s...
KPMG adds Bitcoin and Ethereum to its Corporate Treasury
TL;DR Breakdown Crypto acceptance is growing in corporate firms in Canada, while KPMG is the first to adopt it. KPMG has announced that it will add bitcoin and Ethereum to its treasury and other fiat ...
KPMG in Canada Makes First Direct Crypto Investment — Adds Bitcoin, Ether to Corporate Treasury – Featured Bitcoin News
KPMG in Canada has added bitcoin and ether to its corporate treasury in what the company called a “first-of-its-kind investment.” KPMG said: “This investment reflects our belief that institutional ado...
KPMG in Canada adds BTC and ETH to its corporate treasury
advertisement Professional services firm KPMG in Canada is allocating bitcoin and ether (ETH) to its corporate treasury, according to a Monday announcement. “Cryptoassets are a maturing asset c...
KPMG Canada Adds Bitcoin and Ethereum to Its Corporate Treasury
Alex Dovbnya The Canadian arm of accounting behemoth KPMG has put a portion of its treasury funds into Bitcoin and Ethereum KPMG Canada, a member firm of “Big Four” accounting giant KPMG, has added Bi...
Apple, Not Amazon, Should Buy Peloton. One Analyst Explains Why.
Text size (Photo by Michael Loccisano/Getty Images) It’s been reported that Amazon.com and Nike are weighing bids for Peloton Interactive . One analyst said he’s be surprised if Apple also wasn’t in t...
Taiwan Semi Stock Is Rising. An Analyst Sees More Demand From Intel and Apple.
Text size Morgan Stanley analyst Charlie Chan upgraded Taiwan Semiconductor to Overweight from Equal Weight. I-Hwa Cheng/Bloomberg Taiwan Semiconductor Manufacturing shares are trading higher Monday, ...