The stock market hasn’t hit its lows just yet, but there are stocks worth buying before the trough, says Morgan Stanley There is a debate on Wall Street as to whether the stock market is set to rally ...
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3M’s stock surges after company says 90% of earplug plaintiffs had ‘normal’ hearing
Shares of 3M Co. surged Wednesday after the maker of consumer, industrial and healthcare products said the U.S. Department of Defense’s records show that the “vast majority” of claimants in litigation...
The stock market is a ‘drunken psycho.’ Why this hedge-fund manager is shorting some of the market’s biggest stocks.
Stocks are struggling for traction ahead of a few words from Fed Chair Jerome Powell, who will make his appearance this afternoon, just days after moonshot jobs data. Our call of the day from the pres...
IBM’s ‘substantial’ dividend, debt take wind out of Big Blue’s sails as analyst downgrades stock
International Business Machines Corp.’s stock was downgraded Monday after one analyst said that with Big Blue’s transformation efforts and its somewhat stable stock price over the year, there isn’t mu...
Why Layoffs at 3M, Dow Are More Concerning Than Amazon, Google and Microsoft
Layoffs are spreading beyond tech. That’s a troubling trend investors should be paying attention to. On Thursday, chemicals giant Dow Inc. (ticker: DOW) reported weaker-than-expected fourth-quarter nu...
If the stock market crashes in 2023 it will be the fault of the Fed and U.S. banks. Here’s what could go wrong.
Wall Street is in the red after a slew of early earnings and as Microsoft results await. That’s a day after soft-economic landing hopes fueled fresh 2023 highs for the S&P 500 SPX, -0.07% and Nasd...
3M, Lyft, Verizon, Lululemon, and More Stock Market Movers
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This dividend-stock ETF has a 12% yield and is beating the S&P 500 by a substantial amount
Most investors want to keep things simple, but digging a bit into details can be lucrative — it can help you match your choices to your objectives. The JPMorgan Equity Premium Income ETF JEPI, +0.27% ...
Don’t let the ‘bear market house of mirrors’ fool you, Morgan Stanley’s Mike Wilson warns of the stock market
An important week for earnings is straight ahead, with the spotlight on updates from the tech space, which has been laying off thousands of workers. Among those not expecting good news in the earnings...
Earnings Watch: Microsoft, Tesla and Intel are about to face the doubters
After one of the worst years in Wall Street’s history, investors have some serious questions for companies. As holiday returns roll in — and with them, forecasts for the months or year ahead — many ha...
‘Overbought and overpriced’: This investor sees a bubble popping for one popular group of stocks
Investors wouldn’t be blamed for sizing up the first losing week in three for the S&P 500 and decide to start the weekend early. Stocks are on the rise in early action, but that won’t sway five-da...
10 Dividend Aristocrat stocks expected by analysts to rise up to 54% in 2023
Stocks of companies that raise dividends consistently have outperformed during this year’s bear market. Below is a screen showing which stocks are analysts’ favorites for next year among an expanded l...
Markets are getting a wake-up call in 2023, says Morgan Stanley, which offers a plan for investors to get ready.
According to Fed Reserve Gov. Christopher Waller and several strategists, last week’s softer-than-expected October CPI that sent the S&P 500 to its best level in five months was overdone. His word...
Tesla Could Be a ‘Zombie Stock’ as Interest Rates Rise
A longtime pessimist about Tesla says the shares could be headed for what he calls “zombie stock” territory. David Trainer, CEO of stock research firm New Constructs, who wrote in August 2013 that Tes...
Biden finalized his plan to rein in Big Tech. Big Tech wasn’t invited.
President Joe Biden’s administration issued a checklist of actions needed to rein in Big Tech on Thursday, after a roundtable “listening session” on issues within the technology industry. But administ...
3M stock extends bounce after UBS recommends investors stop selling, saying sentiment is ‘washed out’
Shares of 3M Co. extended their bounce Friday, after a long-time bearish analyst said investors should stop selling, as the recent “derating” in price suggests all litigation liability has already bee...
3M’s Next Problem For Investors Could Be The Dividend.
Text size 3M’s CEO says the dividend is a high priority for the company. Chona Kasinger/Bloomberg 3M investors have had to endure a lot lately, with a slowing economy, rising inflation, and toug...
3M Plans Job Cuts to Rein in Expenses as Legal Troubles Grow
Text size 3M suffered a legal setback last week when a judge denied a motion that would have limited payouts. Alamy 3M , the maker of Post-it notes and Scotch tape, plans to eliminate jobs in a cost-c...
3M Stock Reels From Legal Setback, EPA News
Text size 3M Scotch brand shipping tape. Chona Kasinger/Bloomberg The conglomerate 3M is facing a couple of legal risks that are weighing on its shares. Investors’ approach has been to sell first and ...
3M Stock Drops. Judge Says No to Bankruptcy Plan to Deal With Legal Liability.
Text size 3M stock was dealt a blow by a U.S. bankruptcy judge on Friday. Alamy 3M stock posted its biggest one-day decline since April 2019 after a legal ruling went against the company. On Friday af...
3M stock suffers worst day since 2019 after judge denies protection from earplug lawsuits
3M Co. stock tumbled 9.5% on Friday, pacing the Dow Jones Industrial Average’s steep decline after reports indicated that a bankruptcy judge blocked a request from 3M that would have shielded the comp...
Only 5 S&P 500 stocks ended higher after Powell’s sobering Jackson Hole speech
It took only a 10-minute speech from Federal Reserve Chairman Jerome Powell on Friday to clarify that monetary policy would be relentlessly tightened in the months ahead. Investors dumped stocks, send...
In a busy morning 3M announces healthcare spin off, mixed earnings and subsidiary’s voluntary bankruptcy
3M Co. was busy before market open Tuesday, announcing the planned spinoff of its healthcare business, second-quarter results, and the voluntary bankruptcy of the company’s Aearo Technologies subsidia...
Big Tech earnings are about to determine the direction of the market
Just five companies control nearly a quarter of the S&P 500 index’s market cap, and they will all report earnings this week that could determine the direction of the market for weeks or months to ...
A ‘who’s who of American business’ — big Wall Street names are marking the end phase of the bear market, says adviser
The good news about this bear market in stocks is that we’re more than halfway through it. The bad news is that we’re getting close to the final stage, when “everything must fall.” That’s according to...
A GE Bear Looks Into 2023. He Doesn’t Like What He Sees.
Text size The General Electric logo is displayed on the outside of jet-engine test tunnels. Luke Sharrett/Bloomberg We are in the second half of the year, and 2022 earnings estimates will start to giv...
The Best Income Investments Now
Income-oriented investors, it’s time to celebrate. There are suddenly many more opportunities—in areas ranging from junk bonds to real estate investment trusts—after the bear markets in stocks and bon...
Apple Stock Has Dropped 25%. This Analyst Says It’s Still the Best Bet in Tech.
Text size Morgan Stanley cut its price target on Apple stock. Dreamstime Morgan Stanley is preparing for a slowdown in consumer spending on tech hardware, slashing target prices on stocks across the s...
A secular bear market is here, says this money manager. These are the key steps for investors to take now.
Turnaround Tuesday is looking wobbly, as stock futures slip ahead of big earnings from Microsoft MSFT, -2.70% and Alphabet GOOGL, -2.86%, after the market close. Those results could provide a fresh ca...
The Chip Sector Has a New Worry in Plant Shutdown for Key PFAS Chemicals
Text size PFAS chemicals are used in the etching process for chip manufacturing. Dreamstime The fragile semiconductor supply chain has one more thing to worry about. Chips have been relatively scarce ...
Here’s What a 3M Breakup Could Look Like
Text size PFAS problems, product liability litigation tied to earplugs, and slowing growth have caused 3M stock to languish. Dreamstime What would 3M look like if it went down a General Electric -like...
The 20 worst U.S. stocks in February: the biggest loser dropped 35%
Updated with month-end prices. The euphoria of January reversed in February, with broad declines for stocks across the board as interest rates continued to rise. Bond interest rates are more attractiv...