Shares of Sanofi , GSK , and Haleon fell for the second straight trading session Thursday on surging worries about litigation over Zantac, a heartburn drug that the Food and Drug Administration effec...
Tag: Corporate
Oil prices are down, but energy companies’ earnings estimates keep rising — these stocks are cheap
Oil prices have fallen from a peak earlier this year. But energy companies’ earnings estimates have kept rising on stronger demand and low capital spending. Below is a screen of large-cap oil stocks a...
Ford Raises Price for F-150 Lightning Electric Pickup Truck
Text size Ford’s F-150 Lightning truck previously cost around $40,000 to $90,000. It now ranges up to $96,874. Courtesy of Ford Ford Motor has increased the price of its electric F-150 Lightning...
Rivian Earnings Are Today. Production Is What Really Matters.
Text size The Rivian R1S should start shipping to customers in just a few months. Courtesy of Rivian Electric-truck maker Rivian Automotive is expected to report second-quarter numbers after the marke...
Why home prices can stay high, complicating the Fed’s battle against inflation
Sky-high housing prices still threaten to complicate the Federal Reserve’s inflation fight, even as America’s market for single-family homes shows signs of cooling in response to sharply higher intere...
The New Corporate Minimum Tax In Congress’ Climate Legislation Is A Bad Idea
WASHINGTON, DC – Sen. Joe Manchin (D-WV) leaves the Senate Chamber with Sen. Kyrsten Sinema (D-AZ) … [+] following a vote in the Senate at the U.S. Capitol Building on Wednesday, Nov. 3, 2...
Grocery prices in July had largest price increase since 1979 — with one food staple rising by 38% on the year
The rise in the cost of living cooled in July, but not for grocery prices. The price of food at home rose 1.3% from June to July, marking a 13.1% increase compared to last year. It was the largest pr...
Plug Power Misses Estimates. But Analysts Lift Price Targets on Climate Bill Catalysts.
Text size Photo courtesy of Plug Power Plug Power shares rose sharply Wednesday despite the fuel-cell company reporting second-quarter revenue that missed estimates. Analysts said they expect Plug Pow...
GE Is Worth More in Pieces. Wall Street’s Math Shows Why.
Text size GE management is breaking up the company. Luke Sharrett/Bloomberg General Electric will soon be breaking into three parts, so Wall Street is starting to value the company on a sum-of-the par...
Redbox Stock Plunges After Shareholders OK Chicken Soup for the Soul Acquisition
Text size Redbox shares were down 40% in recent trading. Patrick T. Fallon/Bloomberg Redbox shareholders on Tuesday approved the company’s acquisition by Chicken Soup for the Soul Entertainment . The ...
10 defensive stocks that can also provide you with growth and dividends over the long term
The S&P 500 Index has rallied 10% since June 22 from a deep decline, but there are different schools of thought about whether investors are out of the woods yet. Mark Hulbert has called the recent...
Rivian: ‘Zombie’ company or charging down a path to EV success?
This a crucial time for car maker Rivian Automotive Inc., as it battles for its place in the competitive electric vehicle market. Rivian Automotive Inc.’s RIVN, +2.48% stock price has fallen 64.6% thi...
Plug Power stock dips after earnings hit by fuel pressure
Shares of Plug Power Inc. dipped in after-hours trading Tuesday after the hydrogen fuel-cell company fell shy of expectations with its latest revenue and earnings. The company recorded a second-quarte...
Unity loses less than feared, trims outlook as Applovin makes $20 billion bid for software company
On the same day it received an offer to acquire the company for roughly $20 billion, Unity Software Inc. reported a loss that was less than feared and pulled back on its guidance for the year, and sha...
Ford’s New F-150 Lightning Truck to Get Price Hike
Updated Aug. 9, 2022 1:22 pm ET Listen to article (1 minute) Ford Motor new all-electric truck is getting a price increase fewer than four months after it started shipping to dealerships for the first...
Redbox Is About to Be Acquired. The Stock Remains Crazily Overvalued.
Text size Redbox was hurt by a bet that theater releases of films would surge in a postpandemic world. Dreamstime The end is near for Redbox , and some investors are about to take a substantial hit as...
Norwegian Stock Sinks as It Predicts Losses to Continue
Text size The cruise company predicted it would continue to be unprofitable in the third quarter. Alexandre Meneghini/Reuters/Alamy Shares of Norwegian Cruise Line Holdings fell sharply Tuesday after ...
We’re in a bear-market rally and you can expect the June 2022 lows to be broken
The bear market for U.S. stocks may have ended at its mid-June low. Or it may be only half over. And, if the bear market’s second half is still ahead of us, the biggest losses may or may not be yet to...
Opinion: Semiconductor companies have split into two groups — the resilient and the risky
Semiconductor industry CEOs this week celebrated on the White House lawn as the long overdue Chips and Science Act was signed into law by President Biden. While there is still contention on the bill, ...