This year’s market mayhem could shave your tax bill for years to come. With just weeks to go, 2022 is poised for steep negative annual returns in both stocks and bonds, a correlated collapse that has ...
Tag: SYND
Berkshire Hathaway Cuts Stake in U.S. Bancorp By More Than Half
A new filing indicates that Berkshire Hathaway cut its stake in U.S. Bancorp by 56% to 52.5 million shares that are now worth $2.4 billion. In a form 13-G filing dated Thursday, Berkshire Hathaway (BR...
Crypto Is Losing a Big Trader. A Top Exchange May Also Be Worthless.
The world of cryptocurrency remains in turmoil. The dust hasn’t settled, but it looks like the market will lose one one of its most influential trading firms, and possibly one of the largest exchanges...
Carvana’s Earnings Crash Spurs Bond Selloff
Carvana Co. ’s bonds are touching all-time lows, spotlighting investors’ concerns about the used-car seller’s long-term trajectory as it burns cash and faces rising borrowing costs. Carvana’s long-ter...
Haleon PLC 3Q Organic Revenue Rose 8.1%
By Michael Susin Haleon PLC said Thursday that organic revenue for the third quarter rose, driven by increased pricing and higher volumes. The consumer-healthcare business, which was spun out of GSK P...
Amazon Has Lost $1 Trillion in Market Cap. Ouch.
Amazon.com has now lost more than $1 trillion in market capitalization, the most ever by a U.S. company and the first time one company has shed that much market value. It’s a painful reminder to inves...
Tesla Stock Keeps Falling as Elon Musk Sells
Elon Musk sold Tesla stock on Friday, Monday, and Tuesday. Investors were following his lead on Wednesday. Although the stock (ticker: TSLA) traded higher at points early in the day, the gains didn’t ...
Plug Power Missed Sales Estimates By a Mile. Wall Street Isn’t Worried.
Hydrogen fuel-cell technology company Plug Power reported third-quarter results that fell way short of Wall Street expectations, but analysts still believe the company’s future is very bright. Tuesday...
Lucid Stock Plunges as Reservations for Cars Drop
Electric-vehicle maker Lucid turned in respectable third-quarter earnings and stuck with its forecast for vehicle shipments this year, but the stock was dropping. Reservations were the issue. Lucid (t...
Binance Takeover of FTX Is a Huge Red Flag for Crypto
One of the most dangerous moments in any hurricane is when the eye passes. Gale winds give way to calm, tempting those hunkering down to come out and assess the damage only to find that more of the st...
Microsoft Deal, Not Earnings, Is the Focus for Activision Stock
Wall Street barely reacted to Activision Blizzard’s third-quarter results on Monday because investors are much more focused its deal to be acquired by Microsoft for $69 billion in cash. Activision Bli...
Digital Ocean Earnings Raise More Big Questions About the Cloud
DigitalOcean posted better-than-expected third quarter results, but the provider of cloud-based computing service to small- and medium-size businesses offered guidance for the fourth quarter that fell...
Carvana, Dealers Show Risks of Deflation. Ford, GM Investors Should Watch Out.
Text size A Carvana car-vending machine in Huntington Beach, Calif., in 2019. Mark Ralston/AFP/Getty Images Why buy now if prices are going to be lower tomorrow? That isn’t a question U.S. consumers h...
Philip Morris Declares Victory in Bid for Swedish Match
Philip Morris International is pushing ahead with its takeover of smaller tobacco rival Swedish Match despite falling short of winning over shareholders with around 90% of the target’s stock. On Monda...
Why Higher Interest Rates Won’t Solve the Inflation Problem
Interest rates are heading higher, and the economic toll from the rapid, ongoing rise in the cost of credit is only starting to unfold. But higher rates won’t fully fix the inflation problem. There ar...
Deutsche Bank Faces Threat of Fines Over Money-Laundering Controls
Germany’s top financial watchdog threatened to fine Deutsche Bank AG if it doesn’t implement controls against money laundering by a set deadline, suggesting the regulator isn’t satisfied with the bank...
Pfizer Stock’s Post-Covid Future Looks Healthy
These reports, excerpted and edited by Barron’s, were issued recently by investment and research firms. The reports are a sampling of analysts’ thinking; they should not be considered the views or rec...
Oil Companies Lift Their Dividends as Cash Rolls In
It was a busy week for dividend increases at energy companies, a bonus for investors who have scored as the stocks have taken off this year. The sector is prospering as Russia’s war against Ukraine ha...
AARP-Branded Medicare Drug Plan Is Too Costly for Many Retirees, Critics Say
The AARP name has become a marketing juggernaut among baby boomers, with the group’s nearly 38 million members receiving offers for AARP-branded health, life and auto insurance, and discounts on cellp...
Judge Pauses Albertsons’ $4 Billion Special Dividend From Kroger Merger
A Washington judge has blocked Albertsons Cos. from paying out $4 billion in dividends while regulators review its proposed merger with Kroger. King County Superior Court Commissioner Henry Judson a...