International Paper stock slumped while those of Britain’s DS Smith surged Thursday, as Brazil’s Suzano said it won’t pursue a takeover of the U.S. company.
U.S. pending home sales fell 2.1% in May, the National Association of Realtors said on Thursday.
Rivian kept its production outlook for the year intact, even as the company signaled upbeat delivery numbers for its ongoing quarter.
The reverse stock split comes after NYCB’s share price fell sharply earlier this year from above $10 a share down to a low of $1.70 a share after it said it faced material weaknesses on its balance sheet.
Claims in latest week fall to 233,000 versus 235,000 expected
Tech funds and semiconductor ETFs draw interest, and an argument for selective active management.
Trade gap up 2.7% to $100.6 billion
Some well-timed trades in bullish call options tied to Rivian Automotive Inc. have caught the attention of investors and analysts on social media.
The U.S. economy’s performance in the first three months of the year didn’t look much better the third time around: The government’s latest estimate of first-quarter annual growth was lifted slightly to a lackluster 1.4%.
Orders for durable goods such as autos and computers barely rose in May and underscored the ongoing weakness in the industrial side of the U.S. economy.
Walgreens Boots Alliance Inc.’s stock fell 12% early Thursday, after the drug store chain’s fiscal third-quarter profit fell short of estimates and it again lowered guidance to reflect a stressed consumer following a period of high inflation.
Oil futures edged higher Thursday, shaking off concerns about summer gasoline demand in the U.S. as investors kept an eye on tensions in the Middle East that could threaten crude supplies from the region.
The man elected will be the one hated by the fewest rather than liked by the most.
Deficits, immigration, trade and an independent Fed must be discussed.
A long-time JPMorgan fund manager finds it’s easy to find short opportunities.
President Joe Biden has made efforts to appease American consumers and climate activists alike with his energy policies.
The U.S. stock market is on pace to finish the first half of 2024 on a positive note. If the past is any guide, the good times for U.S. equities may keep rolling into July, but not every stock may enjoy this summertime rally.
“He has been married to his third wife for three years; she has asked him where she will live when he passes.”
The first round of France’s complicated parliamentary election is held Sunday, with the eurozone’s second-largest economy likely headed to a legislative stalemate.
The picturesque estate is just steps from the Santa Ynez River, nestled amid lush greenery and mountains.
