Rollover IRAs cost consumers $45.5 billion in fees, earnings: study

andresr | E+ | Getty Images IRA rollovers are common for job switchers, retirees Investors rolled $516.7 billion from workplace plans into traditional IRAs in 2018, the latest year for which data is a...

Walgreens (WBA) Q3 2022 earnings

Walgreens Boots Alliance on Thursday said its quarterly sales declined and profits got hit by waning Covid-19 vaccination demand, heavy investments in its health-care business and an opioid settlement...

Walgreens, Constellation Brands, RH and others

Check out the companies making headlines before the bell: Walgreens (WBA) – The drug store operator earned an adjusted 96 cents per share for its latest quarter, 4 cents above estimates, with revenue ...

Micron Earnings Preview: Will Critical Support Hold?

Micron  (MU) – Get Micron Technology Inc. Report stock has not had a good stretch lately, with shares falling in four of the last five weeks and currently down about 26% from the May high. Bulls...

Nio stock bounces, after EV maker disputes short-seller report, saying it contained ‘numerous errors’

Shares of NIO Inc. were knocked down by a short-seller report on Wednesday, alleging exaggerated financial results, even as the China-based electric vehicle maker said the report is without merit and ...

RH shares slide after company lowers its outlook for the year

Jason Kempin | Getty Images Entertainment | Getty Images High-end furniture chain RH on Wednesday slashed its outlook for 2022 revenue, anticipating consumer demand for its products will continue to s...

This veteran money manager has seen it all. And these 19 dividend stocks pass his rigorous quality screen right now.

Lewis Altfest’s time in the finance industry spans seven decades. He has some words of advice for investors who aren’t used to stomach-churning stock-price moves. He founded Altfest Personal Wealth Ma...

Sell AT&T as it faces challenges in growing revenues and earnings

AT&T Inc (NYSE:T) has been trending. The stock is trading at $20.98. The 52-week high is $22.15, while the low is $16.62. Investors are interested in knowing whether the stock could rebound strong...

Ford’s Talk of New EV-Selling Rules Rattles Some Dealers

Ford Motor Co. is preparing new rules for how it sells electric vehicles, a shift that is concerning some dealers and seen as challenging the traditional franchise model. Executives from the Detroit g...

Bed Bath & Beyond says it’s still open to selling its Buybuy Baby division

A view of the atmosphere during the Whitney Port & Bundle Organics #MomAsYouAre buybuyBABY product launch in Torrance, California. Randy Shropshire | Getty Images As Bed Bath & Beyond shakes u...

Bed Bath & Beyond (BBBY) Q1 2022 earnings

A pedestrian walks by a Bed Bath and Beyond store in San Francisco, California. Justin Sullivan | Getty Images Bed Bath & Beyond is replacing CEO Mark Tritton in a leadership shakeup after the ret...

NIO Says Short-Seller Report ‘Without Merit.’ The Stock Slumps.

Text size NIO denied accounting allegations in a report by short-seller Grizzly Research. Qilai Shen/Bloomberg NIO stock dropped more than 12% in Hong Kong on Wednesday after the company denied a repo...

NIO shares extend losses as Chinese EV maker denies short-seller report

NIO Inc.’s shares in Hong Kong extended declines in afternoon trading after the company denied accounting allegations in a report by short seller Grizzly Research LLC. The stock NIO, -2.57% NIO, -11.4...

Intel Should Slash Its Dividend. Its Future May Depend on It.

Text size Intel CEO Pat Gelsinger. Ting Shen/Bloomberg Under CEO Pat Gelsinger, Intel has committed to massively increasing its capital spending investments by tens of billions of dollars. But with a ...

Micron earnings to provide more clues as to whether chip boom has passed

Micron Technology Inc.’s earnings on Thursday will provide a much-anticipated clue into a problem that has worried Wall Street all year about the chip industry: Whether customers have been hoarding ch...

Banks Are Healthy. Why They’re Holding Back on Dividends.

Text size JPMorgan Chase held its dividends flat due to increasing capital requirements following the Federal Reserve’s stress test.  Justin Sullivan/Getty Images Banks may have gotten a clean bill of...

How long will stocks stay in a bear market? It hinges on if a recession hits, says Wells Fargo Institute

When the S&P 500 officially dropped into a bear market on June 13, closing down more than 20% from its last peak, it stirred debate about whether investors should hold tight or think about buying ...

Bank Stocks Boost Dividends After Fed Stress Tests

Text size The Fed’s annual stress tests were introduced following the 2008-09 financial crisis. Dreamstime Morgan Stanley , Goldman Sachs , Wells Fargo , and Bank of America said they would rais...

Nike, Spirit Airlines and more

Take a look at some of the biggest movers in the premarket: Nike (NKE) – Nike fell 2.4% in premarket trading despite reporting better-than-expected quarterly profit and revenue. The athletic apparel a...

Goldman Sachs and Wells Fargo Boost Dividends After Fed Stress Tests

Text size The Fed’s annual stress tests were introduced following the 2008-09 financial crisis. Dreamstime Morgan Stanley , Goldman Sachs , Wells Fargo and Bank of America said they would raise ...

Why UPS Stock Could Be a Winner. Margins Are Improving.

Text size UPS CEO Carol Tome.. (Photo by JIM WATSON / AFP) (Photo by JIM WATSON/AFP via Getty Images) AFP via Getty Images Until recently, United Parcel Service operated a little like the New York Yan...

Jefferies Just Posted Results. Investment Banks Should be Worried.

Text size Total underwriting revenue at Jefferies was down by 62% as banks face tougher conditions. Amir Hamja/Bloomberg Wall Street just got a taste of what to expect when investment banks post secon...

Goldman Sachs and Wells Fargo Boost Shareholder Payouts

The largest U.S. banks said they would increase payouts to shareholders after the Federal Reserve said the banks are able to keep lending in a severe hypothetical recession. Four of the six biggest ba...

Nike Stock Slumps On Q4 Earnings Beat, $18 Billion Share Buyback

Updated at 5:46 pm EST Nike  (NKE) – Get Nike Inc. Report posted stronger-than-expected fourth quarter earnings Monday as solid gains in its direct-to-consumer business offset a Covid-linked sal...

Should You Buy Micron Technology Ahead of Earnings?

By BRUCE KAMICH Jun 27, 2022 | 12:20 PM EDT Stocks quotes in this article: MU Micron Technology ( MU) made a high back in December and then has traded lower into June. The shares are trading below the...

Nike (NKE) earnings Q4 2022 earnings

Nike Air Jordan shoes are seen in the store in Krakow, Poland on August 26, 2021. Jakub Porzycki | Nurphoto | Getty Images Nike on Monday said demand for sneakers and sportswear largely held up in the...

General Electric Stock Gains As CEO Culp Takes Over Aviation Unit

Updated at 11:25 am EST General Electric  (GE) – Get General Electric Company Report shares moved higher Monday after the it said CEO Larry Culp will take over the leadership role at the industr...

Carvana Sought to Disrupt Auto Sales. It Delivered Undriveable Cars.

Terri Burton wanted to do something special to mark her son’s high school graduation, so she bought him the car of his youthful dreams: a Volkswagen Golf GTI. But the purchase was the start of a night...

Next week will be a bellwether for the upcoming earnings season

CNBC’s Jim Cramer on Friday said that next week will be a crucial moment for determining what the upcoming earnings season will look like. “It’s been ages since we’ve been on p...

Smith & Wesson stock soars as Supreme Court ruling boosts ‘pretty big’ part of gun maker’s business

Shares of Smith & Wesson Brands Inc. rallied again Friday, as better-than-expected earnings and a dividend hike followed a decision by the Supreme Court of the United States to strike down a New Y...

Analysts see lowest grades for Bank of America and JPMorgan in Fed’s stress test

Bank of America Corp. and JPMorgan Chase & Co. emerged with the lowest marks among the overall passing grade for banks in the Fed’s annual stress test, analysts at Jefferies and Citigroup said Fri...

Pessimism on chip stocks is hitting a new high, and the money seems to be flowing toward software

The outlook for the semiconductor sector is moving from bad to worse, and investors appear to be moving their money into the software sector as a result. Pessimism about the future of the chip sector ...