Patience in a volatile market like this year’s is a tall order. But it is the recipe for long-term success espoused by institutional investors in Barron’s latest Big Money poll. Big Money respondents ...
Tag: SYND
ARK Innovation ETF Closed Below Its Covid-Era Low. Why It Might Stay There.
Cathie Wood’s flagship exchange-traded fund finally closed below its early pandemic lows on Friday, after slipping below that line in intraday trading twice this week. The $7.1 billion ARK Innovation ...
China Evergrande’s Debt-Crisis Fallout: Losses, Layoffs and More Defaults
Listen to article (2 minutes) When China Evergrande Group began struggling under a mountain of debt last year, it quietly set off a chain reaction across the country. Chinese authorities prevented a ...
The Stock Market Rebound Fizzled. Why a Real Bottom Could Be Forming Soon.
Investors seemingly can’t stop trying to pick a stock market bottom, no matter how bad the news—and it continues to backfire. The day for a real bounce, however, may be coming soon. Consider: This pas...
U.K. Crisis Escalates as Chancellor Kwasi Kwarteng Fired
U.K. Chancellor of the Exchequer Kwasi Kwarteng has been fired over his handling of a recent economic crisis that saw bond markets crash. He left an International Monetary Fund gathering in Washington...
Kroger’s $24.6 Billion Purchase of Albertsons to Create a Grocery Giant
Grocery giant Kroger said it was acquiring rival Albertsons in a roughly $24.6 billion tie-up that will help drive profitability and establish a larger footprint of nearly 5,000 stores. Kroger (ticker...
Citigroup Reports Earnings Friday. What to Expect.
Wall Street will be looking for more signs of Citigroup turnaround when the bank posts third-quarter results Friday. Like all banks, Citigroup (ticker: C) has faced challenges this year as it has had ...
JPMorgan Report Earnings Today. What to Expect.
JPMorgan Chase will kick off the third-quarter profit-reporting for the big banks on Friday, and Wall Street is looking ahead to the numbers with tempered expectations. Speaking at a CNBC conference t...
3M Earns Quick Appellate Review of Earplug Unit’s Bankruptcy Shield
A federal appeals court granted 3M Co. ’s request to review a bankruptcy judge’s refusal to stop mass injury lawsuits from proceeding against the conglomerate following the chapter 11 filing of its ea...
Beneficiaries of Inherited Retirement Accounts Dodge a Tax Bullet
New legislation related to taxes can come with plenty of ambiguities and complexities, but the IRS often irons them out in the regulations it proposes. Al Drago/Bloomberg Sometimes these efforts fail...
Rates on Treasury I Bonds Will Fall to 6.5% Soon. Get a Higher Rate Now.
The new rate on Treasury Series I inflation-linked savings bonds is likely to be set at 6.5% for bonds purchased starting in November, down from the current rate of 9.6%, Barron’s estimates. The new r...
TSMC Reports Record Profit, Gains Exemption From U.S. Chip Curbs on China
Taiwan Semiconductor Manufacturing Co. said that its third-quarter net profit rose 80% to a new record, and that it had been granted a one-year exemption from new U.S. restrictions on China’s chip sec...
U.S. Suppliers Halt Operations at Top Chinese Memory Chip Maker
BEIJING–U.S. chip-equipment suppliers are pulling out staff based at China’s leading memory-chip maker and pausing business activities there, according to people familiar with the matter, as they grap...
Moderna Stock Takes Off on Cancer Vaccine News
Moderna stock shot up after Merck said it is exercising an option to work on a personalized cancer vaccine with the Covid-19 vaccine maker. Merck (ticker: MRK) will pay Moderna (MRNA) $250 million for...
5 Chip Stocks for Investors Who Want to Buy the Dip
Text size Cowen has a $70 price target for Marvell Technology Remusrigo/Dreamstime It has been a rough year for chip stocks, but investors should look beyond short-term weakness. Five semiconductor st...
How the Fed Might Slow Down
“Move fast and break things,” hasn’t been such a great corporate slogan lately. It might not be a very good slogan for Federal Reserve policy, either. Minutes to the Fed’s September rate-setting meeti...
That Sky-High I Bond Interest Rate Will Be Coming Down to Earth
Inflation-adjusted Series I savings bonds have been the most enticing place to park your cash this year—nearly 10% interest, backed by the U.S. government, the safest investment around. In a few weeks...
Mortgage Rates Are Soaring. What Financial Pros Say Clients Should Do.
The low-rate mortgage boat has sailed. According to Freddie Mac, the average interest rate on a 30-year fixed-rate home loan is now 6.7%, more than double the 3.01% rate from this time last year. That...
Layoffs at Intel Could Spell a Bitter Winter for Tech. It’s Not All Bad News.
Intel looks set to be the latest tech company to announce job cuts in the face of a gloomy macro outlook—a sign that a bitter winter is coming for the sector. From a more macro perspective, there are ...
Northrop Is Downgraded. Defense to Get ‘Left Behind’ in Better Macro Environment, Analyst Says.
Northrop Grumman shares were declining Friday after an analyst at J.P. Morgan downgraded the stock, citing concerns over valuation and the future of defense shares. J.P. Morgan analyst Seth Seifman do...