For years tobacco companies have been fighting regulators more than each other. That might be about to change, and Altria MO -0.61% in particular needs a game plan. If Philip Morris International’s PM...
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Kohl’s Stock Rises on Takeover Bids. The Offers Show Scars of the Retail Rout.
Text size *** ONE-TIME USE *** The Kohl’s logo is displayed on the exterior of a Kohl’s store on Jan. 24, 2022 in San Rafael, California. Justin Sullivan/Getty Images Kohl’s stock rose Fri...
Citigroup Trader Went Through Several Alerts on ‘Fat Finger’ Trade
A Citigroup Inc. C -2.10% trader who sent European stock indexes into free fall last month was working from home and went through several alerts before his order went live, people familiar with the ma...
Rivian’s Great EV Expectations Meet the Harsh Reality of Manufacturing
At Rivian Automotive Inc.’s factory in Normal, Ill., life is anything but. Car factories around the world routinely churn out models around the clock. About eight months after production on Rivian’s e...
The Stock Market Is Charting a New Course. It Won’t Be Pleasant.
Text size Delta Air Lines told investors that revenue would finally return to 2019 levels, amid strong travel demand. Brandon Bell/Getty Images The trend is your friend, or so they say. But right now,...
If Oil Keeps Rising, These 5 Stocks Could Benefit
Text size The price of oil has been steadily rising, while making higher highs and higher lows. Xiaomin Wang/Dreamstime.com Oil could be headed for $150 a barrel. That might not be good for the econom...
The Best Retirement Spending Advice From Our Readers
Regarding “rules” for budgeting in retirement, I set aside $100,000 in what I call my “Stuff Happens” account. It’s designed to get me through five years of unexpected and one-time expenses. My buddie...
Turning Point Stock Doubles on Bristol Deal. What It Means for Biotech M&A.
Text size Photograph by Georges Gobet/AFP/Getty Images Turning Point Therapeutics stock has more than doubled after Bristol Myers Squibb announced that it had agreed to buy the company. It’s just the ...
Bank of America and 4 More Financial Stocks for a Tough Market
Text size Bank of America is Wells Fargo’s top pick among the large U.S. banks. Justin Sullivan/Getty Images One couldn’t blame investors in the financial sector for feeling discouraged this year. Goi...
IBM Shed Half Its Stake in Kyndryl. The Rest Will Follow Soon.
Text size IBM disclosed that it swapped half of its stake in Kyndryl, about 22.3 million shares, along with $46 million in cash, to Goldman Sachs. Miguel Medina/AFP via Getty Images IBM has swapped ha...
PayPal Stock Has Been Cut in Half. Why Analysts See Upside.
Text size PayPal stock could pass $150 a share by 2026, Mizuho says. Nuttapong Punna/Dreamstime.com There’s plenty of upside for PayPal ’s stock, analysts say. The payments app just needs to get its s...
Here Are 6 Stocks That Pay a Lot in Dividends and Have Solid Yields. And Microsoft and Apple.
PepsiCo total quarterly dividend payout and yield make for an intriguing combination. Here, a Pepsi display at a shop in Grovetown, Ga., earlier this year. Billy Blume/Dreamstime.com Text size Sometim...
Lululemon’s Earnings Are Thursday. Here’s What to Expect.
Text size A Lululemon store in Hong Kong. Dreamstime Lululemon athletica could regain some ground lost in the recent retail selloff if the one-time pandemic winner delivers good news as it reports its...
C3.ai Shares Swoon As Guidance Disappoints
Text size C3.ai has had a rough ride in the public market. Dreamstime Shares of the artificial intelligence software company C3.ai are trading sharply lower late on Wednesday, after the company provid...
What ChargePoint Earnings Say About the State of EV Charging in America
Text size ChargePoint Inc. had about 188,000 active charging ports at the end of the latest quarter. Dania Maxwell/Bloomberg The electric-vehicle charging-equipment company ChargePoint Holdings report...
GM vs. Ford Stock: Both Are Down, but One Has Near-Term Upside
Text size Ford vehicles are displayed on the sales lot at Serramonte Ford in Colma, California. Justin Sullivan/Getty Images Price targets for Ford Motor and General Motors have been coming down latel...
Treasury Secretary Yellen Says She Was Wrong About Inflation
Treasury Secretary Janet Yellen said Tuesday her inflation projections were wrong in statements she made last year as consumer prices began a surge to their highest level in decades. “I think I was wr...
Oil Prices on Rise Again as OPEC Considers Suspending Russia From Output Deal
Text size Oil prices have surged above $100 a barrel since Russia’s invasion of Ukraine. David McNew/Getty Images Oil prices edged higher after briefly falling back on Tuesday following a report...
GameStop, Salesforce, Netflix, Alphabet, Nvidia, and Other Stocks to Watch This Week
Text size Uncredited U.S. stock and bond markets will be closed Monday for Memorial Day. A handful of major companies report later this week, with the economic-data highlight being jobs Friday. HP and...
Why Costco Won’t Raise the Price of Its Hot Dogs
Text size Costco’s membership renewal rate for the U.S. and Canada stood at 92.3% last quarter. David Pail Morris/Bloomberg Costco Wholesale takes care of its more than 64 million members. The s...
Micron Stock Slumps After Downgrade. Why the Analyst Fears the Consumer.
Text size Dreamstime Micron Technology stock was slumping Friday after the memory chip manufacturer received the first Sell-equivalent rating since February. Piper Sandler analyst Harsh Kumar downgrad...