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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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Tesla Stock Is Dropping. Third-Quarter Deliveries Aren’t Its Biggest Problem.
Deutsche Bank analyst Emmanuel Rosner cut his price target on Tesla stock to $285 from $300. John Thys/AFP via Getty…
Centene Layoffs Will See Health Insurance Provider Cut 2,000 Jobs
Key Takeaways Healthcare provider Centene will be letting go of 2,000 staff, equating to around 3% of their workforce The…
Berkshire Hathaway Sells More of Its HP Stock
Berkshire CEO Warren Buffett oversees the company’s roughly $350 billion equity portfolio. AFP via Getty Images Berkshire Hathaway sold 4.6…
Almost 1,500 high-grade corporate bonds are on sale. Here’s how you could add cheap Apple bonds to your portfolio.
Almost 1,500 high-grade corporate bonds issued by some household names are currently trading at a discount of between 50 and…
After fighting over connected fitness, Peloton and Lululemon join forces
Peloton Interactive’s stock jumped after hours Wednesday after the connected-exercise-bike maker and yoga-wear giant Lululemon Athletica announced a five-year partnership…
Colin Kaepernick’s unassuming cover letter to the general manager of the New York Jets
“‘I would love to offer you a risk-free contingency plan.’” That’s Colin Kaepernick, who took his last snap as an…
Sony Interactive Entertainment CEO Jim Ryan will retire in March
Sony Interactive Entertainment Chief Executive Jim Ryan will retire in March, Sony Group Corp. SONY, +1.54% said in a statement…
Johnson Controls cybersecurity incident disrupts operations, could delay earnings
Johnson Controls International PLC JCI, +0.66% said late Wednesday a recent cybersecurity incident disrupted operations and could possibly interfere with…
Micron sees nine-figure data-center sales in 2024, but another quarter of negative margins
Micron Technology Inc. is far from out of the woods yet when it comes to profitability as quarterly results came…
Uniswap leads way as most big cryptocurrencies post gains
Most large cryptocurrencies were up during morning trading on Wednesday, with Uniswap UNIUSD, +1.21% seeing the biggest move, rising 3.42%…
Investors should shun stocks and bonds as U.S. economy shows shades of 2008, top JPMorgan strategist warns
A top JPMorgan Chase & Co. markets strategist is urging clients to shun both bonds and stocks in favor of…
What’s new on Netflix in October 2023 — and what’s leaving
Netflix has a well-rounded lineup for October 2023. Horror hit-maker Mike Flanagan (“The Haunting of Hill House,” “Midnight Mass”) has…
U.S. oil price moves back above $90 a barrel as crude resumes rally
U.S. oil futures climbed back above $90 a barrel to settle modestly higher on Tuesday as investors shook off worries about the global…
Tech Down as Rising Yields Spark Flight From Growth — Tech Roundup
Shares of technology companies slid as long-term Treasury yields hit a 12-year high. "Elevated yields will serve as a headwind…
Communications Services Down on Risk Aversion — Communications Services Roundup
Communications services companies fell as investors ditched their riskiest stock holdings. Hollywood studios and striking writers have tentatively reached an…
Utilities Down as Yields Hit Multiyear Highs — Utilities Roundup
Shares of power producers fell as yields on the 10-year and 30-year Treasurys closed at the highest levels since 2007…
A Government Shutdown Could Blackout Crucial Economic Data For The Fed
The Federal Reserve has made it clear that its remaining two 2023 decision on interest rates will be data dependent,…
SPS Commerce Acquires The Order Exchange
By Ben Glickman SPS Commerce has acquired electronic communication automation firm The Order Exchange. The Minneapolis-based retail supply chain cloud…