When Jason Gutierrez kept refreshing GameStop’s performance between work tasks during the wild, early days of 2021, he admits future tax obligations weren’t his No. 1 priority. “It was in the back of ...
Tag: Specialty Retailing
AT&T to Spin Off WarnerMedia, Plans Deep Cut to Its Dividend
Text size Justin Sullivan/Getty Images AT&T said Tuesday it would spin off its interest in WarnerMedia following WarnerMedia’s merger with Discovery . AT&T (ticker: T) also said its board appr...
Opinion: AT&T and 4 more unloved dividend stocks to buy in a ‘risk-off’ era
With stocks off to one of their worst starts to the year since the 2008-2009 financial crisis, it’s no longer crazy to talk about a sustained period of market volatility or a prolonged “risk off” envi...
How Low Can Bitcoin Go? The Views Vary.
Illustration by Elias Stein Text size Tighter monetary policies are weighing on speculative assets like crypto, Bitcoin crashed from $43,000 to $33,000 in four days and lost 23% of its value. On Jan. ...
Tech Stocks to Buy as Interest Rates Rise
Text size Chip stocks look like good bets in th new world for tech stocks. Maika Elan/Bloomberg Tech stocks finally showed a little fight last week, aided by an impressive batch of earnings reports. B...
AT&T Earnings Beat Forecasts. The Stock Can’t Get Past Spinoff Uncertainty.
Text size AT&T stock rose despite a “disappointing” earnings outlook. Justin Sullivan/Getty Images AT&T ‘s reported fourth-quarter results on Wednesday that continued a streak of s...
Kohl’s Stock Surges as Retailer Feels Pressure From 2 Possible Suitors
Text size Justin Sullivan/Getty Images Kohl’s shares surged more than 28% in premarket trading Monday following reports the retailer could be fielding takeover offers from two suitors. The Wall Street...
Starboard-Backed Acacia Research Makes $9 Billion Bid for Kohl’s. What to Know.
Text size Photo by Bruce Bennett/Getty Images Activist hedge fund Starboard Value is behind a group that made a $9 billion bid for department-store operator Kohl’s , according to a report. The bidding...
Chips may be sold out for 2022 thanks to shortage, but investors are worried about the end of the party
The global semiconductor shortage, sparked by pandemic-influenced demand spikes, reportedly led to a near-sellout of 2022 chip supply before the year even started, but investors and analysts are conce...
Brace for a volatile 2022, but cling to this tech stalwart when the storm comes, says investment adviser
The pain is piling up for equity investors after the long U.S. holiday weekend, with bond yields at levels not seen since early 2020, and oil prices tapping 2014 highs. The pace of Federal Reserve mon...
Kroger employees are surrounded by food at work — but many struggle to afford food and rent, says a survey of 10,200 workers
Many supermarket workers struggle to put food on the table even as they help feed their communities, according to new research on Kroger KR, -0.73% employees released as the pandemic continues to expo...
Five overlooked tech stocks poised to be the ‘household names of the future,’ according to this money manager
A much-needed market distraction from the churn of inflation worries is getting under way, but it’s not looking like what investors were hoping for as some big bank names are sliding on disappointing ...
AT&T Stock Can Close Gap With Verizon. Why Shares Might Be a Buy.
Text size A sign is posted in front of an AT&T retail store in San Rafael, California. Justin Sullivan/Getty Images AT&T could finally start catching up to its main rival, prompting analysts a...
Tech Is Tearing Back. Why Nvidia and 4 Others Look Like Winners, Unlike Intel.
Text size Nvidia stock soared 125% in 2021, but the shares are down 9% so far in 2022. Justin Sullivan/Getty Images Tech stocks are tearing back. The Nasdaq Composite index snapped its four-day losing...
These Two Fund Pros Think Dividend Stocks Are Primed to Prosper
For dividend investors who’ve been jarred by the pandemic, the new year brings a clean slate and hope for a brighter future. While many companies that cut their payouts early in the global health cris...
Melinda French Gates Slashed Stake in AutoNation Stock
Text size Melinda French Gates received AutoNation shares last year as part of her divorce. John Lamparski/Getty Images Melinda French Gates more than halved her stake in automotive retailer AutoNatio...
AT&T CFO Defends Spinoff, Saying It Benefits Retail Investors
Text size AT&T’s chief financial officer, Pascal Desroches. Courtesy AT&T AT&T is defending its move to spin off its big stake in WarnerMedia rather than pursue a split-off, or excha...