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Bausch & Lomb’s stock soars 9% after earnings beat
Bausch & Lomb Corp.’s stock soared 10% early Wednesday after the eye-care company reported adjusted fourth-quarter profit that topped estimates and offered upbeat revenue guidance…
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Bausch & Lomb’s stock soars 9% after earnings beat
Bausch & Lomb Corp.’s stock soared 10% early Wednesday after the eye-care company reported adjusted fourth-quarter profit that topped estimates…
Digital Assets Have Tricky Tax Rules. Here Is the Latest Guidance.
If you sold, traded, or earned interest on any digital assets in 2023, it’s likely you face tax reporting requirements on your…
Bitcoin Falls Before Fed Minutes and Nvidia Earnings. Where Prices Could Go Next.
Bitcoin prices fell on Wednesday, paring gains from the highest levels since early 2021. Dreamstime Bitcoin and other cryptocurrencies fell…
Recent IPO Amer Sports taps high-yield bond market with $600 million deal
Amer Sports Inc., the Finnish sportswear company that went public last week, on Tuesday launched an offering of $600 million…
Hertz’s stock reverses losses to close up 8.9% as execs talk up return to profitability
Hertz Global Holdings Inc.’s stock reversed early losses to close up 8.9% on Tuesday, as executives on the company’s earnings…
Ford earnings spurs buying of bonds as spreads over U.S. Treasurys tighten
Ford Motor Co.’s stock rose 3% Wednesday after an upbeat earnings report that also spurred buying of its outstanding bonds…
New York Community Bancorp’s stock rises as insiders buy shares at 1997 prices
New York Community Bancorp. rallied 17% at the closing bell on Friday after insiders at the company bought stock after…
Icahn Enterprises CEO to become head of Pep Boys
Icahn Enterprises L.P. said Wednesday that its current chief executive, David Willetts, will become CEO of Pep Boys, the automotive…
Bank of America CEO flags tug-of-war between inflation and higher wages but says consumers are still spending
“‘Yes, prices are up, but wages are up, unemployment is down, people are earning money. And so that’s the tug-of-war…
Wendy’s stock bounces back, in wake of downgrade by long-time bull
Shares of Wendy’s Co. bounced back Wednesday, even after a long-time bullish analyst recommended investors stop buying, citing concerns that…
Opinion: OpenAI’s Sam Altman has plans for AI that could mean big money for Intel
“Many companies, including giants Nvidia and Qualcomm, will likely partner with Intel for packaging and/or wafer capacity, and this seems…
Polygon leads way as large cryptocurrencies slump
All large cryptocurrencies were down during morning trading on Wednesday, with Polygon MATICUSD, -0.08% seeing the biggest move, dropping 9.57%…
This fund manager stopped worrying about economics. Now he is outperforming the stock market.
A change in strategy has helped transform the GoodHaven Fund from a long-term underperformer into an outperformer since the end…
Nvidia earnings come with a ‘high bar.’ What could matter for the stock.
Nvidia Corp. faces a high hurdle with its upcoming earnings — such that the company likely needs a big beat…
Oil futures end lower as U.S. crude supplies post an unexpected gain and product stocks jump
Oil futures posted a decline on Wednesday after the U.S. government reported an unexpected weekly rise in commercial-crude supplies and…
What record crude production says about the long road to U.S. oil independence
U.S. oil production has touched its highest level on record, and exports of the commodity are on the rise, but…
Oil prices settle higher as traders monitor Middle East tensions
Oil futures ended higher Thursday, finding support as traders monitored rising tensions and shipping threats in the Middle East one…
Oil prices end at a 1-week high after U.S. leads strikes against Yemen over Red Sea attacks
Oil prices settled Friday at their highest in a week after the U.S. and U.K. carried out airstrikes against Houthi…