Listen to article (2 minutes) Even as consumer spending cools, one place buyers continue to splurge is at the car dealership. Auto executives reporting earnings earlier this week displayed confidence ...
Tag: Corporate
Defense Companies Hurt by Staffing Shortages Amid Growing Weapons Demand
July 30, 2022 11:04 am ET Listen to article (2 minutes) U.S. defense companies are experiencing staffing shortages when the war in Ukraine and tensions surrounding Taiwan are expected to stoke demand ...
Want Steady Monthly Income? These Funds Offer It, With Some Risk.
Text size The sharp selloff in the credit markets during the year’s first half has created some attractive opportunities. Dreamstime.com Trickle-down economics lives on for individual investors trying...
China Home Sales Plunge in July, as Mortgage Revolt Deters Buyers
A nascent two-month recovery in China’s home sales ended in July, as a widespread mortgage revolt over concerns that ailing property developers wouldn’t be able to deliver still-unfinished apartments ...
Michael Burry says that you shouldn’t get too excited over rosy corporate earnings. But he’s starting to see value in these 4 stocks
‘Last hurrah’: Michael Burry says that you shouldn’t get too excited over rosy corporate earnings. But he’s starting to see value in these 4 stocks Michael Burry — the hedge fu...
Did Buffett Buy More Apple Stock? Berkshire’s Earnings Should Make It Clear.
Text size Warren Buffett, chairman and CEO of Berkshire Hathaway. Saul Loeb/AFP via Getty Images Warren Buffett went on a buying spree in the stock market during the first quarter, when Berkshire Hath...
Buy or Sell Apple Stock After Its Strong Earnings? 5 Reasons to Pick It Up.
Text size Apple has had to grapple with supply chain challenges and rising interest rates. Photo by DANIEL SLIM Apple ’s better-than-expected earnings report helped shake off investor concerns about h...
Job switchers saw a greater increase in salary than people who decided to stay put. Here’s what’s at stake.
It pays to look around. The number of job switchers reporting wage gains has expanded while the number of job stayers reporting wage gains actually contracted as inflation exacts its toll, according t...
Taiwan Semiconductor Stock Will Benefit From Spending Spree
Taiwan Semiconductor Manufacturing is hedging its geographical bets, with large new fabs planned for the U.S. and Japan. Here: a TSMC chip at a 2020 semiconductor conference in China. Str/AFP/Getty Im...
Ripple Named Among Top Corporate Philanthropists in Bay Area
Alex Dovbnya The San Francisco Business Times has ranked both for-profit companies and non-profit organizations by their health contributions Ripple, a popular blockchain company, has been recognized ...
A Spirit Deal Is Finally Here. Why J.P. Morgan Says Sell the Stock.
Text size Spirit stock is up more than 17% in 2022. Joe Raedle/Getty Images JetBlue reached a deal to purchase Spirit on Thursday, but while that company prepares to buy Spirit for $33.50 a share, J.P...
America’s New Energy Crisis – WSJ
America is wrestling with the worst energy crisis in nearly five decades, a period of high prices and limited supply. What makes this crisis different than the troubles that roiled the country in the ...
What possible credit-card legislation could mean for Visa, Mastercard — and you
Credit-card companies look to be under a political microscope once again as senators announced a new bill that would target Visa Inc. and Mastercard Inc. Sen. Dick Durbin, an Illinois Democrat, and Se...
Boeing Clears Hurdle for Resuming 787 Dreamliner Deliveries
U.S. air-safety regulators signed off on a Boeing plan aimed at addressing problems with the 787 Dreamliner, a major step before the company restarts deliveries of the aircraft, according to people fa...
Procter & Gamble Sounds a Warning After Strong Quarter
Updated July 29, 2022 9:17 pm ET Listen to article (2 minutes) Procter & Gamble maker of Tide detergent and Pampers diapers, is predicting the slowest sales growth in years as consumer belt-tighte...
A Verizon Communications Bull Gives Up and Downgrades the Stock
Text size Verizon Communications recently reduced its adjusted earnings guidance for fiscal 2022. David Paul Morris/Bloomberg Wall Street rarely like to talk about its bad calls, but BofA is now admit...
Intel’s pain could be AMD’s gain
After a disastrous earnings report from Intel Corp. that acknowledged a big drop in data-center sales and internal mistakes, Advanced Micro Devices Inc. is expected up to show off exactly the opposite...
Roku Stock Is Heading For Its Biggest Drop Ever. Analyst Calls Earnings Awful.
Text size Roku reported revenue of $764.4 million in the latest quarter. Wall Street was expecting $804 million. Dreamstime Roku stock cratered after the video-streaming company’s earnings fell far sh...
Alibaba Added to SEC Delisting Watchlist. One More Reason the Stock Is Slumping.
Text size Alibaba shares have slumped since the company said it would apply for a primary listing in Hong Kong. (Photo by GREG BAKER/AFP via Getty Images) Shares of Alibaba , the Chinese e-commerce gi...
Exxon Skips Its Victory Lap
More than a year after an activist investor-led shake-up, Exxon Mobil has ticked a lot of boxes to endear itself to its shareholders. Now, the company is on a broader charm offensive. Exxon Mobil on F...
Public pension hole now $11,000 per U.S. worker
Top state and local pension funds lost $250 billion on the markets during the month of June and are down more than $600 billion for the year, according to a new study. The 100 biggest public sector pe...