Prudential Financial, Phillips 66 Tractor Supply and Interpublic were among the various large companies that announced dividend increases this week. It continues to be a busy period for such moves as ...
Tag: $SPX
Money Markets Pay 4.5%. If You’re Getting Less on a Sweep Account, It’s Time for ‘Cash Sorting.’
“Schwab cash solutions fall under two categories,” says the company’s website. They sure do. Here are some questions that can help determine which is right for you: Do you like money? Do you prefer go...
Raytheon CEO Bought Up This Energy Stock
After a strong 2022, Phillips 66 stock recently slipped, and one director scooped up shares of the diversified-energy firm on the open market. Phillips 66 stock (ticker: PSX) surged 44% in 2022—a stro...
The Stock Market Is Dropping Again. This Is What’s Happening.
The stock market is losing steam all of a sudden, probably because investors had just gotten too aggressive in their assumptions about a recovery in the economy and profits in 2024. The market has be...
Deeply inverted Treasury curve narrowly misses reaching 41-year milestone
A bond-market gauge of impending U.S. recessions fell just shy of reaching its most negative reading since October 1981, when interest rates were 19% under Paul Volcker’s Federal Reserve. That gauge, ...
PepsiCo Q4 earnings beat estimates as guidance falls short; board approves 10% dividend hike
PepsiCo Inc. PEP, +1.12% said Thursday it had net income of $518 million, or 37 cents a share, in the fourth quarter, down from $1.322 billion, or 95 cents a share, in the year-earlier period. Adjuste...
Bed Bath & Beyond Stock Can Be Forgotten. Look at Its Bonds.
Sometimes markets are weird. Case in point: recent trading in Bed Bath & Beyond securities. The prices of Bed Bath stock and bonds seem out of whack. It’s been an interesting week for Bed Bath &am...
GameStop stock heads for worst day in nearly 9 months
GameStop Corp.’s GME, -11.06% stock was plunging Tuesday, reversing the gains made during Monday’s meme-stocks rally that also lifted AMC Entertainment Holdings Inc.’s AMC, -9.12% stock. The video gam...
Blink stock dives after upsized offering priced at a discount of more than 10%
Shares of Blink Charging Co. BLNK, -14.48% dove 8.4% in premarket trading Tuesday, after the electric vehicle (EV) charging company’s upsized equity offering priced at a 13.4% discount. The company ha...
U.S. stock futures nudge higher ahead of comments from Fed chief Powell
U.S. stock index futures rose on Tuesday ahead of comments from Federal Reserve Chair Jerome Powell, speaking for the first time since a blowout January jobs report caused traders to shift their inter...
Blink Charging projects revenue beat while looking to sell stock, shares fall in late trading
Blink Charging Co. BLNK, -1.39% shares sank in late trading Monday, after the electric-vehicle-charging company detailed plans to sell more shares while offering an early look at fourth-quarter result...
Price analysis 2/6: SPX, DXY, BTC, ETH, BNB, XRP, DOGE, ADA, MATIC, DOT
The U.S. dollar’s rise has put brakes on Bitcoin’s price recovery, but lower levels are likely to attract buyers for BTC and altcoins such as Dogecoin. The United States Dollar Index (DXY) has started...
Bed Bath & Beyond’s stock soars as much as 120% as retailer nears bankruptcy
Bed Bath & Beyond Inc.’s stock BBBY, +92.13% spiked as much as 120% Monday even as the retailer indicated it has missed payments to debt holders and could file for bankruptcy. More than 183 ...
Goldman Sachs ups its near-term S&P 500 target due to brighter economic picture. But that could knock 25% off stocks, strategists say.
Provided there are no more economic surprises, stocks are unlikely to face a near-term meltdown and the S&P 500 could work its way back to 4,000. That’s according to a team of Goldman Sachs strate...
The next few days may reveal whether investors have been riding one big suckers rally, says this strategist.
Stocks are off to a weaker start as caution grips investors following Friday’s monster jobs beat. While subject to revisions, that 517,000 surge in U.S. jobs may have shredded hopes among some that th...
Ford cut to sell at Deutsche Bank after earnings miss
Ford Motor Co. F, -7.61% was downgraded to sell from hold at Deutsche Bank, which also cut its price target to $11 from $13. Analyst Emmanuel Rosner said the fourth-quarter results and 2023 outlook &#...
U.S. stock futures point to further losses after payrolls shocker
U.S. stock futures pointed to a second day of losses Monday after an unexpectedly strong jobs report renewed worries about how high the Federal Reserve will have to take interest rates. What’s happeni...
Tesla Raised Model Y Prices. Why a Used One May Still Cost More.
Tesla just raised the price of its Model Y, but used car buyers looking for an electric vehicle in 2023 could end up paying more than the price of a new EV if they are not careful. Fluctuating pricing...
Bed Bath & Beyond equity offering ‘one of the most unusual financing situations we have witnessed,’ analyst says
Bed Bath & Beyond Inc.’s BBBY, -8.13% unusual equity offering may have averted bankruptcy for the time being, but big challenges remain for the troubled retailer, according to KeyBanc Capital Mark...