Greensboro-based Qorvo (Nasdaq: QRVO) reported an increase in its revenue for its fiscal 2023 second quarter after the company announced a new organizational structure in August. With revenue up to $1.158 billion, Qorvo announced a $2 billion stock repurchase program.
Stephen Schwartzman, worth $42 billion and at the head of a firm managing almost $1 trillion, says social media is what doomed the bank.
GSK plc (NYSE: GSK) and Scynexis Inc (NASDAQ: SCYX) have entered into an exclusive license agreement for Brexafemme (ibrexafungerp tablets). The FDA approved the antifungal for vulvovaginal candidiasis (VVC) and reduced the incidence of recurrent VVC (RVVC). This exclusive agreement gives GSK rights to commercialize Brexafemme for VVC and RVVC while continuing to develop ibrexafungerp, which is in phase 3 trials for potentially treating invasive candidiasis (IC), which affects the blood or inter
The Oracle of Omaha never saw a future in cryptocurrency.
Investors looking for alpha in an uncertain market environment could do worse than following in the footsteps of legendary stock pickers and probably none can match Warren Buffet’s reputation. Not for nothing the “Oracle of Omaha” is considered one of the all-time greats and for nearly 60 years, between 1965 and 2022, his Berkshire Hathaway firm’s returns have doubled those of the S&P 500. So, it’s definitely worth nosing through Buffett’s portfolio to see which stocks he currently holds. And wh
My wife and I are 70 years old. We've paid off everything, including the house. Between my pension of $29,000 and Social Security, we're getting a gross of $99,000 a year in income, which is more than enough. Our current … Continue reading → The post Ask an Advisor: We Are 70 Years Old, Have $99K in Retirement Income, a $1.4M IRA and Other Investments. Is It Too Late to Convert to a Roth? appeared first on SmartAsset Blog.
'The benefits are great on paper, but often don’t exist in reality due to inconsistent scheduling.'
For most people, it will be little or no problem to retire at age 65 if they have $2.5 million in savings. This amount of capital invested prudently is likely to provide sufficient income for a lifestyle comfortable enough to … Continue reading → The post Is $2.5 Million Enough to Retire at 65? appeared first on SmartAsset Blog.
The firm said it was relocating “immediately” from Washington after the state’s supreme court cleared the way for a capital gains tax on individuals.
97% of companies think spying on their remote workers makes them more productive. But many employees end up getting fired for it—or quitting.
The Nasdaq topped 12,000 as the market rallied ahead of the PCE inflation report. The IRS will likely cut EV credits for Tesla's entry-level Model 3.
Stratasys' (SSYS) high-growth product launches, strategic collaborations and highly attractive valuation are likely to have made it a lucrative takeover target for Nano Dimension.
My investment accounts don't withhold taxes from my capital gains, which is causing me to owe large amounts when I file my returns. How can I mitigate this situation? -David As capital gains distributions are unpredictable and usually unknown until … Continue reading → The post Ask an Advisor: ‘How Can I Mitigate This Situation?' My Tax Bill Is Huge Because My Investment Accounts Don't Withhold Capital Gains appeared first on SmartAsset Blog.
Recently, Zacks.com users have been paying close attention to ZIM (ZIM). This makes it worthwhile to examine what the stock has in store.
Silicon Valley Bank assets got bought for pennies on the dollar, so where does that leave FRC?
A Citigroup preferred stock yields about 10%, an unusually good deal. Bank regulations passed in the wake of the financial crisis disallowed trust preferred as a component of Tier 1 bank capital but grandfathered the Citigroup issue. This gives Citigroup an incentive to keep the preferred outstanding.
Florida Gov. Ron DeSantis tried to hurt Disney for criticizing his 'Don't Say Gay' law, but he just demonstrated his stupidity.
Semtech's (SMTC) fiscal fourth-quarter 2023 results hurt by macroeconomic headwinds and end-market sluggishness.
The semiconductor maker brings forward timelines for production of next-generation data-center chips.
With Q1 earnings reports ahead, ABNB stock joins ANET, PANW and eight other top growth stocks expecting 53% to 667% growth.
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