The break was short, very short. Accusations of fraud, stock-market manipulation and illegal practices made by the New York short-seller Hindenburg Research against Adani Group, the conglomerate of I...
Tag: Industrials
Billionaire Adani’s Empire Loses $51 Billion in 48 Hours
Suspicion is creating chaos in the empire built by the Indian billionaire Gautam Adani, who since last year has become the richest man in Asia. Adani, 60, saw his fortune jump by more than $40 billio...
Stocks Move Lower, Microsoft, Tesla, Boeing, Fox-5 Things To Know
Five things you need to know before the market opens on Wednesday January 25: 1. — Stock Futures Lower As Earnings Underwhelm U.S. equity futures moved lower Wednesday, while the dollar inched...
3M Stock Slumps On Q4 Earnings Miss, Grim 2023 Profit Outlook
Updated at 9:16 am EST 3M Co. (MMM) – Get Free Report shares slumped lower Tuesday after the industrial group posted weaker-than-expected fourth quarter earnings, while unveiling 2,500 job cuts...
General Electric Stock Higher As GE Healthcare Makes Nasdaq Debut
Updated at 10:22 am EST GE HealthCare, recently spun-off from the iconic industrial group under the leadership of CEO Larry Culp, will make its trading debut on the Nasdaq Wednesday. GE finalized plan...
REITs May Be a Great Investment Next Year (After a Rough 2022)
Soaring interest rates and the weakening economy have crushed real estate investment trusts in 2022, with the FTSE Nareit All Equity REIT index dropping 23% year to date. Rising rates hurt REITs becau...
Is This Turnaround Story Worth It?
Summary General Electric’sGE turnaround will culminate in breaking up into three businesses: Aviation, Health Care and Energy. The economic downturn has thrown a wrench in this plan, making it d...
Bezos Loses Title of World’s Second Richest Man to Indian Billionaire
It was to be expected. Jeff Bezos has lost the title of second richest man in the world behind Elon Musk, electric-vehicle leader Tesla’s (TSLA) chief executive. The founder and executive ch...
Industrious Investing: 3 Industrials With 3% or Higher Dividend Yields
Industrials offer a good source of long-term dividend growth and supply a surprisingly large number of stocks with very long histories of raising dividends. In fact, 13 of the 65 Dividend Aristocrats ...
GE Is Splitting Its Businesses. Does That Make the Stock a Buy?
General Electric (GE) – Get General Electric Company Report stock is rallying on July 18, up about 2% amid a broader market rally. But company-specific news is driving it higher as well. While ...
General Electric Unveils New Names, Logo, Ahead of Historic Split
Updated at 10:41 am EST General Electric (GE) – Get General Electric Company Report unveiled the names of its three new business units Monday as it powers ahead with its historic decision to sp...
Boeing Has Best Month of Deliveries in Over Three Years
Boeing (BA) – Get The Boeing Company Report could be setting itself up from a strong second half of the year as the company attempts to emerge from the 737 MAX issues that have weighed on the c...
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...
Boeing Stock Soars On China 737 Max Test Flight, Plane Demand Bets
Updated at 1:25 pm EST Boeing (BA) – Get The Boeing Company Report shares powered higher Wednesday amid news that a key China carrier conducted test fights of the planemaker’s troubled 73...
Caterpillar Follows Boeing In Chicago Exit, Moving HQ To Texas
Updated at 3:42 pm EST Caterpillar (CAT) – Get Caterpillar Inc. Report said Tuesday it will begin moving its corporate headquarters to the Dallas-Fort Worth area later this year, marking the se...
This subsector within industrials is an ‘inflation beneficiary’
A 6.0% bounce back in the S&P 500 index over the past couple of weeks does not mean start of a new bull market, says NewEdge Wealth CIO. Stick to quality names Volatility has been the front and ce...
This Steel Company’s Shares Are up More Than 50% in Just Two Months
Sometimes it’s worth revisiting what columnists have said about a stock to see just how close to the mark they came. In the case of a steel maker profiled two months ago, the call was pretty cl...
The next shoe to drop? The 125-year old Dow industrials are on brink of correction. Here’s what history says happens next in the U.S. stock market.
The Dow Jones Industrial Average was on the verge of entering correction territory after closing sharply lower on Wednesday as the Pentagon said that Russian troops were poised to launch a full-blown ...