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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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The stock market is building up to a major ‘buy’ signal
The U.S. stock market doesn’t deserve to fall as much as it has because of higher interest rates alone —…
MGM sees $100 million cost from recent cybersecurity attack
MGM Resorts International shares dropped 1% in the extended session Thursday after the hospitality company said that the recent cyberattack…
Elon Musk sued by SEC to compel him to testify over Twitter deal
Elon Musk is being sued by securities regulators in connection with his $44 billion deal for Twitter Inc., a new…
Surging Treasury yields cap crypto price rises. Expect volatility ahead.
Welcome back to Distributed Ledger. This is Frances Yue, reporter at MarketWatch. During the past week, the first ether futures-based…
Rivian shares sink after preliminary sales estimates, plan to offer $1.5 billion in convertible notes
Shares of Rivian Automotive Inc. slid in the extended session Wednesday after the EV maker issued preliminary quarterly sales estimates…
GM stock sinks to 3-year low after report that faulty air-bag parts may lead to massive recall
General Motors Co.’s stock ended at its lowest in three years on Thursday following a news report saying that the…
Oil prices settle at a 5-week low as U.S. gasoline supplies post a sharp weekly climb
Oil prices settled Wednesday at their lowest in about five weeks, and gasoline futures saw their lowest price of the…
Gold futures officially reach a ‘death cross’, signaling the potential for price weakness to the end of the year
Gold prices have fallen to their lowest since March, officially reaching a so-called “death cross” on Thursday and signaling the…
ITT Board Authorizes $1 Billion Buyback Program
By Denny Jacob Engineered components manufacturer ITT's board approved a $1 billion share repurchase authorization with an indefinite term. The…
Tech Advances on Revival of AI, Mega Cap Craze — Tech Roundup
Shares of technology companies rallied, as the 2023 craze for mega-cap technology and artificial-intelligence stocks revived. Shares of electric-car maker…
The Distressed Look At Levi Strauss Is In The Corporate Suite Who Are Lacking Vision
In the fickle business of fashion, the popularity of denim has ebbed and flowed over the years, and likewise, the…
Communications Services Up on Rotation Back to Hard-Hit Sectors — Communications Services Roundup
Communications services companies rose as traders rotated back into some of the sectors hardest hit in the recent selloff. Shares…
Exxon Mobil Expects Gas, Liquids Prices to Boost 3Q Earnings
By Ben Glickman Exxon Mobil expects higher gas prices to boost its earnings in the next fiscal quarter. The oil…
House Speaker Drama Leaves the World Guessing. What Comes Next for Markets.
House Speaker Pro Tempore Patrick McHenry (R., N.C.) is pursued by reporters on Oct. 4, 2023 in Washington, D.C. Congressional…
Meituan Reports Strong Golden Week As Sunac Restructures Its Debt
Key News Asian equities, except for South Korea and the Philippines, rebounded after yesterday's downdraft. Hong Kong managed a small…
How to Manage and Pay Down Credit Cards: Advisors Weigh In
The Federal Reserve Bank giveth and it taketh away. Thanks to the Fed’s interest-rate increases, it’s possible to earn a…
Buy This 11.9% Dividend Now, Panic Later
Please, take that finger off the Sell button. This is the best buying opportunity since the bank failure panic in…
Costco Wholesale’s September Sales Were Strong, Company Says. Gas Prices Helped.
Costco’s sales rose by 6% year-over-year in September. Justin Sullivan/Getty Images Costco Wholesale just got a strong start to its…