Kevin Gotthard: “It is exciting to join at this point of phenomenal growth.” WHSmith WHSmith, a global retailer of news, books, and convenience items, has hired the former chief financial officer of l...
Tag: North America
Retailers Are Cutting Jobs Instead of Hiring Help Ahead of the Holidays
The holiday season is usually a reason for stores to staff up to handle the surge of shoppers. But Friday’s jobs report showed a concerning trend: Retailers are shedding workers. According to the Bure...
Amazon, Walmart, and Kroger Could Have the Solution to Grocery Deliveries
Shoppers returning to stores in the wake of the Covid-19 pandemic, venture-capital money drying up, and higher labor costs mean the first golden age of food delivery looks to be over. But customers ha...
Apple Is Looking to Move Production Out of China, Report Says
Apple has hastened plans to move part of its production out of China, home to the world’s largest iPhone factory, according to a The Wall Street Journal report citing anonymous sources. The world’s mo...
Is the Housing Market Headed for a Big Crash? What’s Ahead for Real Estate.
Todd Clark and his wife, Jocelynn Wilde-Clark, have lived through the ups and downs of the housing market in the time of pandemic. In the summer of 2021, as Covid produced frenzied home buying, the co...
BlackRock Sees Opportunities in Energy and Healthcare Stocks in 2023
Navigating markets in 2023 demands a new investment playbook, one that favors the healthcare and energy sectors along with short-term government bonds and investment-grade credit, according to BlackRo...
Volkswagen Sees EVs As Key To Making U.S. A Reliable ‘Third Leg’
The Volkswagen Group plant in Chattanooga, Tennessee. Volkswagen Volkswagen has been trying to join the top tier as a domestic automaker in the United States beginning with its ill-fated assembly-plan...
Generac Catches Another Downgrade. This Time Ford’s EV F-150 Is to Blame.
Shares of backup power provider Generac caught another downgrade. This time electric vehicles are to blame. Jefferies analyst Saree Boroditsky downgraded shares of Generac (ticker: GNRC) to Sell from ...
Raytheon Stock Named a ‘Best Idea’ for 2023
As the calendar turns to December, investors are thinking about stocks for 2023. Brokerage firm Cowen likes Raytheon Technologies shares for the new year, calling it a “best idea” and a top aerospace ...
Stock Market Looks Poised to Rally as Bond Yield Falls
Text size Michael Nagle/Bloomberg The worst may be over for the stock market. Key equity indexes continued their autumn rally, and there could be more gains before the end of the year, helped by conti...
Is the Stock Market Open Today? Here Are the Hours for Black Friday.
Instead of gearing up to trade Thursday, investors may be defrosting their Thanksgiving turkeys—and clipping coupons ahead of Black Friday. This year, Thanksgiving and Black Friday come after two days...
The Next U.S. Energy Revolution Is Here
Until now, the U.S. clean-energy revolution has been imported. Other countries make almost all of the batteries, solar panels, and critical chemicals used in America. But the revolution is starting to...
Is the Stock Market Open Today? Here Are the Thanksgiving and Black Friday Hours.
Instead of gearing up to trade Thursday, investors may be defrosting their Thanksgiving turkeys—and clipping coupons ahead of Black Friday. This year, Thanksgiving and Black Friday come after two days...
Baidu Beats Revenue Expectations Despite Continued Covid Worries
Baidu on Tuesday became the latest Chinese technology company to report a return to annual growth, as it beat expectations for its third-quarter revenue. Baidu (ticker: BIDU)—often referred to as Chi...
Schwab’s Liz Ann Sonders Sees Trouble Still Ahead. Where to Invest Now.
Though the U.S. stock market looks healthier than it did during its rough patch over the summer, Charles Schwab Chief Investment Strategist Liz Ann Sonders sees potential trouble still ahead, especial...
Alibaba Gets a Price Target Cut After Strong Earnings
Text size Benchmark analyst Fawne Jiang maintained her Buy rating on Alibaba despite cutting her price target. AFP via Getty Images Alibaba Group Holding stock popped on Thursday, prompting an analyst...
Insurer Sees Strong Demand for Preferred Stock With Juicy 9% Yield
Income-oriented investors got a gift when insurer Lincoln Financial Group offered $1 billion of preferred stock this week, including a deal with a 9% annual dividend rate that is accessible to retail ...
Norwegian Cruise Stock Falls After a Rare Double Downgrade
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Elon Musk Has the Next Tesla CEO in Mind. There Are a Few Candidates.
Tesla board member James Murdoch said Elon Musk knows who could run Tesla after him. It might have been a throwaway line said while being questioned in a trial. Still, it’s a chance for investors to ...
The Fisker Ocean Is a Reality. Why It’s Not Just Another EV.
Today is the day, the day when production of the all-electric Fisker (ticker: FSR) Ocean SUV begins. Fisker is not Tesla It’s a small EV start-up that will only deliver a handful of cars in 2022, but ...
Sunrun and Other Solar Stocks With Strong U.S. Presence Are a Buy, Analyst Says
An analyst from Deutsche Bank is bullish on Enphase Energy Sunrun and First Solar due to their strong domestic presence amid new U.S. legislation. Deutsche Bank analyst Corinne Blanchard initiated cov...
Ray Dalio, Founder of Hedge Fund Giant Bridgewater, Sees More Pain Ahead
Ray Dalio founded Bridgewater Associates in his Manhattan apartment in 1975 and grew it into a hedge fund colossus—with about $150 billion in assets—through astute analysis of macroeconomic trends. Al...
XPeng Stock Gets Another Downgrade. It’s Becoming More Controversial Than Tesla.
Shares of pure-play electric vehicle producers can be controversial on Wall Street. High-growth car stocks can be difficult to value when the traditional auto players trade for less than seven or eigh...