I Like Albertsons Even if Its Merger With Kroger Doesn't Go Through
Albertsons produces solid earnings and a nice dividend, so what's not to like if it stays independent?
Albertsons produces solid earnings and a nice dividend, so what's not to like if it stays independent?
Disney might be the happiest place on earth, but one thing's for sure -- it isn't so happy there today. CEO Bob Iger sent out an email to Disney employees on March 27 informing them that the layoffs previously announced in February have begin.
AMC Entertainment (AMC) has received quite a bit of attention from Zacks.com users lately. Therefore, it is wise to be aware of the facts that can impact the stock's prospects.
This futuristic pickup truck developed by Tesla is undoubtedly the most anticipated vehicle of the last decade. No vehicle had generated so much excitement, fueled in part by thundering statements from Elon Musk, CEO of Tesla, and other top executives. Internet searches related to the Cybertruck are considerable.
(Bloomberg) -- On the surface, Charles Schwab Corp. being swept up in the worst US banking crisis since 2008 makes little sense.Most Read from BloombergFBI Releases Files on Ivana TrumpSchwab’s $7 Trillion Empire Built on Low Rates Is Showing CracksBinance and Its CEO Sued by CFTC Over US Regulatory ViolationsSaudi National Bank Chair Resigns After Credit Suisse RemarkThe firm, a half-century mainstay in the brokerage industry, isn’t overexposed to crypto like Silvergate Capital and Signature Ba
Investment is down, labor is scarce, budget is squeezed. Oligarch: ‘There will be no money next year’
Harmony Biosciences Holdings Inc (NASDAQ: HRMY) shares are trading lower after Scorpion Capital filed a Citizen's Petition with the FDA requesting the withdrawal of approval of Wakix (pitolisant). The FDA approved Wakix for excessive daytime sleepiness or cataplexy in adult patients with narcolepsy, and it has been commercially available in the U.S. since Q4 2019. The report added that "Harmony's drug Wakix (pitolisant) is a repeat of the Seldane (terfenadine) saga, another histamine antagonist
Read this before you trade in your gas guzzler.
SYDNEY (Reuters) -Australia and New Zealand Banking Group's CEO said on Monday the latest turmoil in the global banking system had the potential to trigger a financial crisis though it was early to predict it could bring one similar to that in 2008. Authorities around the world are on high alert for the fallout from the recent turmoil at banks following the collapse of Silicon Valley Bank (SVB) and Signature Bank in the U.S. and the emergency takeover of Credit Suisse.
Tech led the stock market lower Tuesday, with major benchmarks weakening in the last hour. Berkshire Hathaway's Warren Buffett made $450 million on Occidental Petroleum after a Cowen upgrade. Berkshire added more shares in March.
Cathie Wood is all about disruption, which is why she laments what is happening to the Nasdaq. The Ark Invest financial guru has repeatedly called out the Nasdaq for no longer being the disruptive force it was envisioned to be, and Wood believes that the reason the major indices have become more risk averse is the tech and telecom bubble from the late 90s.
Amazon founder Jeff Bezos has dispatched his investment advisers and top entertainment chiefs to explore acquisition plans for AMC, The Intersect reported, citing sources familiar with the discussions. AMC did not immediately respond to a Reuters request for comment, while Amazon declined to comment.
Recently, Zacks.com users have been paying close attention to Armour Residential REIT (ARR). This makes it worthwhile to examine what the stock has in store.
Commercial real estate debt and mortgages are a 'serious' threat to the economy, warns the serial entrepreneur and billionaire.
A major real estate investment trust (REIT) has lost more than half its value since its early August 2022 highs. Medical Properties Trust Inc. (NYSE: MPW) this week is making new 52-week lows as the months-long downward slide shows no sign of stopping. The REIT is suffering, along with many others in the sector, from investors dumping shares as the banking crisis remains front-page news and the Federal Reserve keeps raising interest rates. Lower expectations for a pivot – where rates begin to go
This year started with a strong rally in the markets, but the past month has seen the positive sentiments start to sputter. The failure of Silicon Valley Bank started fears of a contagion and consequent bank runs, which were only partially offset by Federal regulatory actions. But there’s a growing consensus that it was the Federal actions that set the conditions for the bank crisis, when the central bank raised interest rates to fight inflation. Now, investors are trying to cope with the fallou
Micron reports Q2 FY 2023 results on March 28. Analysts expect the widest-ever net losses and revenue less than half what it was a year earlier.
High-yield savings accounts are offering big rates and low risk, but advisors say there are tradeoffs to consider.
Home prices in January saw the smallest gain since December 2019, according to S&P CoreLogic Case-Shiller.
Boeing (BA) is going to procure eight P-8A aircraft mechanisms as ancillary equipment to support P-8A aircraft production.
Penny stocks are controversial, to say the least. When it comes to these under $5 per share investment opportunities, Wall Street observers usually either love them or hate them. The penny stock-averse point out that while the bargain price tag is tempting, there could be a reason shares are trading at such low levels like poor fundamentals or insurmountable headwinds. However, the other side of the coin has merit as well. Naturally, with these cheap tickers, you get more bang for your buck in t