Business
Ford reports worst quarterly sales in China since onset of coronavirus pandemic
Visitors walk past a Ford Escape Titanium at the Shanghai Auto Show in Shanghai on April 17, 2019. Greg Baker| AFP | Getty Images DETROIT – Ford Motor joined its crosstown rival General Motors in reporting its worst quarterly sales in China since the onset of the coronavirus pandemic, amid a resurgence of Covid-19 cases in the […]
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Stocks making the biggest moves premarket: Levi Strauss, GameStop, Twitter and more
Check out the companies making headlines before the bell: Levi Strauss (LEVI) – Levi Strauss rallied 3.9% in the premarket after reporting better-than-expected sales and profit for its latest quarter, helped by higher prices and strong demand for its denim offerings. Levi Strauss also raised its quarterly dividend by 20%. GameStop (GME) – GameStop fell […]
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5 things to know before the stock market opens Friday
Traders on the floor of the NYSE, July 6, 2022. Source: NYSE Here are the most important news items that investors need to start their trading day: 1. Can stocks stay on a winning streak? The S&P 500 has posted gains for four straight trading days heading into Friday’s session, offering investors glimmers of hope […]
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Sepp Blatter and Michel Platini: Former heads of FIFA and UEFA cleared of corruption charges by Swiss court
Sepp Blatter and Michel Platini photographed on May 29, 2015. The two were once among the most powerful figures in world football. Michael Buholzer | AFP | Getty Images Former FIFA president Sepp Blatter and former UEFA president Michel Platini were both cleared of corruption charges by a Swiss court on Friday. Blatter, who led […]
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Cramer’s lightning round: Gentex is a buy
Chegg Inc: “I don’t know what to make of Chegg. … To me, it seems like the bulls are going to win on this stock.” Moderna Inc: “I think that stock has now come down enough. I would want to own Moderna. I do like Pfizer more.” ONEOK Inc: “Keep it. … I think that’s […]
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Spirit again delays vote on Frontier deal to continue deal talks with budget airline and JetBlue
A Frontier Airlines plane near a Spirit Airlines plane at the Fort Lauderdale-Hollywood International Airport on May 16, 2022 in Fort Lauderdale, Florida. Joe Raedle | Getty Images Spirit Airlines is again delaying a shareholder vote set for Friday on its deal to merge with Frontier Airlines, a win for competing suitor JetBlue Airways, which […]
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Shares of Coca-Cola are a buy for these four reasons, Jim Cramer says
CNBC’s Jim Cramer said Thursday that investors should be adding shares of Coca-Cola to portfolios. “So far, in a very bad year for the stock market, Coca-Cola’s been one of the really consistent winners out there. These guys were already putting up great numbers when inflation was insane in the first quarter,” he said. “Now […]
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Tech stocks could have a sustained rally after Thursday’s bounce, Jim Cramer says
CNBC’s Jim Cramer said that the rally in tech stocks Thursday could spark a longer-term recovery, as the beaten-down names struggle to stay afloat in a seesawing market. “You need to recognize that tech could have more than just a temporary bounce, at least if you’re looking at companies that provide new life to the […]
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Levi Strauss hikes dividend as second-quarter earnings exceed expectations
A sign is posted in front of the Levi Strauss & Co. headquarters on April 09, 2021 in San Francisco, California. Justin Sullivan | Getty Images News | Getty Images Levi Strauss on Thursday reported quarterly revenue and earnings that came in above Wall Street expectations, as the clothing company known for its denim said […]
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Walmart won’t hold rival event to Amazon Prime Day, as it is already offering big markdowns
Walmart Rollback pricing signs are displayed while customers shop during the grand opening of a new Wal-Mart Stores location in Torrance, California. Patrick Fallon | Bloomberg | Getty Images Walmart won’t be doing its own event to rival Amazon Prime Day this year, according to a company spokesperson. The big-box giant, like other retailers, has […]
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