Earnings Outlook: Bed Bath & Beyond earnings will feel the pressure of heavy discounting and light traffic, analysts say
Bed Bath & Beyond remains addicted to promotions, wrote Wedbush analysts.
Bed Bath & Beyond remains addicted to promotions, wrote Wedbush analysts.
The wit and wisdom of Warren Buffett’s better business half, Charlie Munger
The Dow deepens its sojourn into record territory Tuesday, but the broader market was under pressure amid newfound selling in government debt.
Sen. Joe Manchin, a key West Virginia Democrat, said Tuesday there are no talks happening about President Joe Biden's massive social-spending and climate bill, a measure that his party's leaders have planned to vote on after the first of the year.
Oil futures rise Tuesday, with global benchmark Brent crude at $80 a barrel to settle at its highest price in almost six weeks, after OPEC+ says it will stick to its plan to gradually boost output next month.
Texas Sen. Ted Cruz believes there is a possibility that Republicans in the House of Representatives could try to impeach President Joe Biden after the 2022 midterm elections.
The franchise retired its former name in July 2020 after decades of criticism by Native American advocacy groups. The new name will be announced Feb. 2
Trajector Inc. filed Tuesday to withdraw its previous filing for an initial public offering, "effective immediately." The Florida-based benefits management software company had filed to go public on Oct. 18, but had not yet determined the number of shares to offer, the expected price of the IPO, the number of shares expected to be outstanding after the IPO or the ticker symbol. Deutsche Bank, Citigroup, Credit Suisse and Stifel were the lead underwriters. The company did not provide a reason for the withdrawal... Читать дальше...
The U.S. recorded more than 1 million new COVID-19 cases for the first time on Monday, once again setting another record as the number of people testing positive for the virus continues to soar.
Legendary investor Bill Miller is handing over ownership of Miller Value Partners, the asset management firm he founded in 1999, to his son and has laid out succession plans for two of its funds.
President Joe Biden on Tuesday urged state and local leaders to use federal relief money to make sure that schools can remain open, even as the highly contagious omicron variant is leading to record case counts and rising hospitalization rates for patients with COVID-19.
U.S. oil prices climbed by more than 1% on Tuesday after major oil producers known as OPEC+ said they would stick to their plan to raise monthly crude production, as expected, by 400,000 barrels per day in February. For now, the omicron variant is not leading to the same hospitalization rates and death associated with earlier variants and for the most part, "governments have not imposed the widespread lockdowns or travel restrictions which significantly dent oil demand," said Caroline Bain, chief commodities economist at Capital Economics... Читать дальше...
Gold futures rose Tuesday, recouping some of the losses a day earlier that brought prices to their lowest finish in almost two weeks. A sharp rise in Treasury yields which begins to drive real interest rates higher is a "major risk to the gold market," analysts at Sevens Report Research wrote in Tuesday's newsletter. For now, however, the near-term rally for gold remains "intact" with support between $1,775 and $1,800, they said. February gold rose $14.50, or 0.8%, to settle at $1,814.60 an ounce... Читать дальше...
This is a Real-time headline. These are breaking news, delivered the minute it happens, delivered ticker-tape style. Visit www.marketwatch.com or the quote page for more information about this breaking news.
This is a Real-time headline. These are breaking news, delivered the minute it happens, delivered ticker-tape style. Visit www.marketwatch.com or the quote page for more information about this breaking news.
This is a Real-time headline. These are breaking news, delivered the minute it happens, delivered ticker-tape style. Visit www.marketwatch.com or the quote page for more information about this breaking news.
This is a Real-time headline. These are breaking news, delivered the minute it happens, delivered ticker-tape style. Visit www.marketwatch.com or the quote page for more information about this breaking news.
This is a Real-time headline. These are breaking news, delivered the minute it happens, delivered ticker-tape style. Visit www.marketwatch.com or the quote page for more information about this breaking news.
Pfizer Inc. said it will sell an additional 10 million treatment courses of its oral therapy, Paxlovid, to treat COVID-19 to the U.S. government this year. That doubles the total amount of courses contracted by the U.S. government to 20 million, with 10 million courses to be delivered by the end of June and the rest to be delivered by the end of September. Meanwhile, Pfizer's stock sank 2.9% in afternoon trading. "With the Omicron variant surging, the availability of and accessibility to treatment options is of utmost importance... Читать дальше...
The Centers for Disease Control and Prevention now says that the omicron variant is estimated to make up 95% of all COVID-19 cases in the U.S. for the week ending Jan. 1. This is an increase from the week ending Dec. 25, when omicron was estimated to make up 77% of all cases. This is not an exact figure but is an estimate based on the thousands of genomic sequences analyzed every week by the CDC.
Читать дальше...Toyota stock has jumped into record territory after the car maker's sales report
Shares of Toyota Motor Corp hiked up 5.0% into record territory, after the Japan-based auto industry giant said Toyota Motor North American (TMNA) recorded December sales of 174,115 vehicles, down 30% on a volume basis from a year ago, but 10% growth in 2021 sales to 2.33 million vehicles. The company said in 2021, TMNA sold 583,697 electrified power vehicles (EPV), which includes hybrids, battery and fuel-cell powered vehicles, which is up 73% from a year ago represents one-quarter of total volume. Читать дальше...
Shares of General Motors Co. surged 5.1% in morning trading Tuesday toward a six-week high, after the auto maker said it the semiconductor supply issues that have plagued the auto industry improved during the fourth quarter. The company said it delivered 440,745 vehicles in the fourth quarter, down 43% from a year ago, when quarterly retail sales were the best in 13 years. Dealer inventory, including in-transit vehicles on their way to dealers, totaled 199,662 at the end of the fourth quarter... Читать дальше...
More than 1 million COVID-19 cases were reported on Monday in the U.S., a record
U.S. manufacturing grew at its slowest pace in 11 months in December
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