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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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Hyzon Motors in Settlement With SEC, Will Pay $25M of Civil Penalties
By Josh Beckerman Fuel-cell vehicle developer Hyzon Motors reached a settlement with the Securities and Exchange Commission, which alleged the…
If you think stocks have gotten too expensive, this ETF’s strategy may work for your portfolio
Stock buybacks can be controversial. A company uses its cash to buy its own shares in the open market. This…
Amazon’s Antitrust Case Evokes the Fate of Sears, Rise of Walmart
The Federal Trade Commission (FTC) finally pulled the trigger this week, filing its much-anticipated antitrust complaint against Amazon for (among…
Coinbase Leads Push for New Crypto Rules. Don’t Expect Immediate Results.
Coinbase Global on Wednesday is spearheading one of the biggest lobbying pushes the crypto industry has tried in a while,…
Industrial Profits Send Stocks Higher
Key News Asian equities had a positive day on light volumes. Mainland China and Hong Kong posted gains on light…
Meet the Dark Knight—a Brooding, Souped-up Tesla Model S
The US$104,990 three-motor 2023 Tesla Model S Plaid Edition is among the fastest cars in the world, able to reach…
Costco’s Results Came In Strong. Why the Stock Is Down.
Costco last raised membership fees in 2017. Justin Sullivan/Getty Images Costco Wholesale ‘s earnings and sales trumped Wall Street’s forecasts…
Kestra Financial Recruits $1.7 Billion Texas Advisor Team
A large Texas-based wealth management team specializing in workplace retirement plans has signed on to Kestra Financial, bringing $1.7 billion…
JPMorgan Chase Settles Jeffrey Epstein Lawsuit For $75 Million
Key Takeaways JPMorgan Chase has agreed to pay $75 million to the US Virgin Islands to settle the suit against…
SEC Charges ‘Cash Flow King’ Podcaster With $11 Million Ponzi Scheme
The Securities and Exchange Commission filed civil charges against Matthew Motil, a real estate entrepreneur and host of the podcast…
AssetMark to Pay $18 Million Over Disclosure Failures
AssetMark agreed to pay more than $18 million to settle allegations that it didn’t disclose conflicts of interest involving a…
Old Mutual Shares Rise As Insurer Announces HY Results, Tips Sales Increases
Financial services provider Old Mutual rose on Wednesday as it predicted further sales growth following a resilient first-half performance. At…
Opinion: Climate change meets political change: Key 2024 election issues for investors
As the 2024 U.S. election cycle takes shape, we are starting to see a rise in the volume and intensity…
Progress Software’s stock is up on earnings, revenue beat
Progress Software Corp.’s PRGS, -1.42% stock crawled up 1% in extended trading Tuesday after the computing giant reported quarterly results…
TrueCar stock down 4% after online car platform gets new CFO
Shares of TrueCar Inc. TRUE, -0.88% fell 4% in the extended session Tuesday after the online car platform named Oliver…
Rocket Lab lowers guidance after launch fail
Rocket Lab USA Inc. RKLB, -2.53% late Tuesday lowered its guidance for the third quarter after its Sept. 19 launch…
Peloton names new chief product officer to succeed co-founder
Peloton Interactive Inc. PTON, +4.76% said late Tuesday it appointed Nick Caldwell to become chief product officer, effective Nov. 1. Caldwell succeeds…
Bitcoin Prices Rise but Cryptos Remain Under Pressure
Bitcoin prices have slipped since the Fed’s message on monetary policy last week. Dreamstime Bitcoin and other cryptocurrencies ticked higher…