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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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Kiwi Property Expects 1H Portfolio Valuation Decline of NZ$77.1 Million
By David Winning SYDNEY--New Zealand-based Kiwi Property on Monday signaled a 2.4% decline in the value of its real-estate portfolio…
Qantas warns first-half fuel bill could jump by A$200 million
SYDNEY — Qantas Airways QAN, -1.51% said its fuel bill for the first half of fiscal 2024 could increase by…
Heiwado Shares Jump on Better Earnings Guidance
By Kosaku Narioka Heiwado shares rose sharply Monday morning after the Japanese supermarket operator raised its fiscal-year earnings forecasts, citing…
China Evergrande’s Shares Fall After Developer Scraps Restructuring Plan
By Sherry Qin China Evergrande's shares fell early Monday after the property developer scrapped a $35 billion debt-restructuring plan designed…
Wound-Treatment Specialist PolyNovo’s Shares Jump on Strong August Sales
By Stuart Condie SYDNEY--Shares in wound-treatment developer PolyNovo jumped after the Australian company said that August revenue had more than…
Opinion: Oil stocks could outshine clean-energy shares under this climate change scenario
It’s no secret that governments and regulators have been ramping up enforcement of greenhouse-gas regulation. But here’s something counterintuitive: Shares…
Synlait Milk FY Net Loss NZ$4.3 Million
By David Winning SYDNEY--Synlait Milk said it expects higher earnings in the 2024 fiscal year, even if dairy demand in…
Tesla FSD Software Has Quite a Personality. What Barron’s Test Drives Reveal.
Tesla ‘s highest-level autonomous driving software, called Full Self Driving or FSD, generates strong opinions. Tesla CEO Elon Musk believes…
Free Covid Tests Are Coming. Here’s How to Get Yours.
Americans can order more free Covid-19 tests from the federal government starting Monday, after the Biden administration announced another $600…
Everything coming to Amazon’s Prime Video and Freevee in October 2023
From Halloween frights to an existential rom-com to gritty mysteries, Amazon’s Prime Video and Freevee, its free, ad-supported service, have…
What’s new on Max in October 2023 — and what’s leaving
Max has some fan favorites returning in October, to go along with a solid slate of movies and the debut…
Congress Faces Shutdown Date With No Deal in Sight
Congress has six days to reach a deal to fund federal government before a possible Oct. 1 shutdown, but guests…
How much are customers treating themselves? Shoes, skiing, wine and fancy groceries are in focus with this week’s earnings
The tail end of the second-quarter earnings reporting season lies ahead, but the companies reporting results this week will serve…
Could A Government Shutdown Trigger A Recession?
If politicians aren’t able to reach a deal, then the U.S. federal government could shut down on October 1. That…
IPOs Are Good for Founders. Instacart and Arm Stocks Show the Risks to Investors.
Over the past two weeks, there have been three closely watched initial public offerings, and the results have been decidedly…
Why Municipal Bonds Might Not Be Protected From Climate Risk Forever
Three months ago, the redevelopment agency of Paradise, California—the town nearly wiped out by wildfires in 2018—missed payments for its…
Insurers Are Fleeing Wildfire-Prone California. The State Has a Fix.
The Rabbit Fire in California this summer. David Swanson/Getty Images California regulators are making reforms to the state’s insurance system,…
Big Hedge Fund Buys Exxon, Domino’s, and Coke Stock, Sells CVS.
Davidson Kempner Capital Management initiated positions in Exxon, Domino’s, and Coca-Cola, and exited CVS stock in the second quarter. David…