Shares of YRC Worldwide (NASDAQ: YRCW) fell more than 15% on Friday after the trucking company reported disappointing quarterly results. It's been a good environment for transportation companies, but YRC continues to sputter. After markets closed Thursday, YRC reported a fourth-quarter loss of 37 cents per share on revenue of $1.165 billion, missing analyst estimates for earnings by 13 cents per share on revenue that was slightly higher than expected.
Based on the average brokerage recommendation (ABR), Medical Properties (MPW) should be added to one's portfolio. Wall Street analysts' overly optimistic recommendations cast doubt on the effectiveness of this highly sought-after metric. So, is the stock worth buying?
The number of infections from the Candida Auris fungus, which can be deadly for people who are already sick, is small but rapidly growing.
The legendary investor indicates that more than 60% of Comerica and U.S. Bancorp deposits are uninsured.
The last few weeks have been rocky, with the collapse of Silicon Valley Bank, and the crypto-heavy Silvergate and Signature banks, dominating the headlines. For a short time, it seemed that the contagion would spread to the global financial giants. Now, however, it appears that we’ve managed to avoid a true banking crisis – and Raymond James’ chief investment officer Larry Adam has pointed out several reasons why. For starters, Adam notes that Credit Suisse, despite its troubles, found a way out
Elon Musk on late Monday offered his opinion on what the Federal Reserve should do with its benchmark interest rate. The Fed's FOMC is meeting for two days this week.
Dividends are payments that some companies make to shareholders to reward them for investing in them. Dividends can provide regular, predictable income to investors who also preserve the chance of profiting from price appreciation. Dividends can qualify for advantageous capital … Continue reading → The post How Do I Avoid Paying Tax on Dividends? appeared first on SmartAsset Blog.
Airfare prices move up and down based on two major things -- passenger demand and the cost of actually flying the plane. Domestic air travel traffic for 2022 rose 10.9% compared to the prior year. The nation's air traffic in 2022 was at 79.6% of the full-year 2019 level.
(Bloomberg) -- Ford Motor Co.’s Jim Farley was told recently of a survey that found investors overwhelmingly believe legacy automakers can’t be cost competitive with Tesla Inc.Most Read from BloombergBomb Threat Called In to New York Court Where Trump Hearing HeldFed Caught Between Inflation and Bank CrisisA New Chapter of Capitalism Emerges From the Banking CrisisFirst Republic Rescue May Rely on US Backing to Reach a DealXi Aligns With Putin Against US, But Hesitates on Gas Deal“I’m with them,
Truist Financial Corporation (TFC) saw its shares surge in the last session with trading volume being higher than average. The latest trend in earnings estimate revisions may not translate into further price increase in the near term.
After Silicon Valley Bank collapsed the Fed is between a rock and a hard place over whether to raise interest rates to lower inflation or not.
UBS on Sunday agreed to buy rival Swiss bank Credit Suisse for 3 billion Swiss francs ($3.23 billion) in stock and agreed to assume up to 5 billion francs ($5.4 billion) in losses, in a shotgun merger engineered by Swiss authorities to avoid more market-shaking turmoil in global banking. Klein, a veteran dealmaker, was merging his eponymous advisory boutique into Credit Suisse's investment banking operations to create CS First Boston as a standalone business which he would have led from New York. UBS has now assigned a legal team to examine how to void the contract Credit Suisse signed with Klein in the cheapest way possible, according to the FT report, which cited people with direct knowledge of the matter.
If you're nearing the age for Medicare eligibility, there are some things you should know about Medicare. One of those things is whether Medicare premiums are tax-deductible. You want to ensure you file your taxes correctly, but you also want … Continue reading → The post Are Medicare Premiums Tax Deductible? appeared first on SmartAsset Blog.
It's the second scandal involving fake nickel in as many months.
The same dynamics that have left some banks reeling have handed taxpayers a windfall. The Fed will have to navigate them, David Beckworth writes.
Rivian shares continue to trade around the level of cash on the balance sheet, leaving investors to ask: What gives?
Ahead of the company's upcoming earnings call, CEO Bob Iger braced everyone for some unfortunate turns.
You're in a race against time and your dream retirement awaits at the finish line.
After January’s stock rally, the story in the markets for the past two months has been volatility. Stocks were on a seesaw even before the recent SVB crash, and the banking woes of the last two weeks have simply exacerbated the up and down swings. The increased uncertainty in the market conditions has put a premium on data analysis, the ability to collect and decipher the mass of information generated by Wall Street’s aggregated trading activity. Fortunately, there are already experts out there
Apple stock is trying for a massive breakout, which could -- could -- trigger a yet larger rally. Here's the level to watch now.
Yahoo Finance 
Yahoo Finance Plus