Macy’s Earnings: Signs of Progress Despite Disappointing Near-Term Outlook
Although Macy’s shares fell by a mid-single-digit percentage on Dec. 11 as its fourth-quarter profit guidance was ...
Albertsons is now suing Kroger for billions. That won't help it find another buyer, analysts say.
Albertsons, in its own announcement terminating the agreement on Wednesday, also said it had authorized a $2 billion stock buyback and hiked its quarterly cash dividend by 25%. The chain's biggest ...
Canada's Provinces Press Trudeau for 'Robust' Retaliation in Event of 25% U.S. Tariff — Update
OTTAWA--The leaders of Canada's provinces are urging Prime Minister Justin Trudeau to prepare a "robust" retaliation against the U.S. in the event that President-elect Donald Trump imposes a 25% ...
Should Investors Avoid Active Funds?
The process is simple. Investors observe benchmark-beating performance, and funds flow into the top performers. The investment inflow eliminates return persistence because fund managers face ...
Fed Rate Cut Seems Like a ‘Coin Flip,’ with Inflation Again Looking Sticky
“We think today’s data will ignite a contentious debate in the Fed’s December meeting on whether to cut rates,” says ...
Strong Australian Jobs Data Could Put Kibosh on February Rate Cut
The fall in unemployment to 3.9% might have put the kibosh on growing talk of an interest-rate cut in February. Economists had expected the jobless rate to rise to 4.2% over the month, in line with ...
News Highlights: Top Global Markets News of the Day - Wednesday at 7 PM ET
The Vienna-based cartel cut the forecast for the fifth consecutive month after further postponing plans to increase output amid softer prices and market concerns over weaker global consumption. Rate ...
UnitedHealthcare exec's murder exposes a deeper problem no one wants to face
This means the real overhead cost of government-run Medicare is about 1% to 1.5% for administration and about 1.5% (15% of that 7.8% in improper payments) for medically unnecessary payments. In other ...
Stocks to Watch: Adobe, Champions Oncology, DBV Technologies
Champions Oncology swung to a profit and reported higher revenue in the latest quarter due to bookings growth and operational improvements. The technology-enabled research company posted earnings of 5 ...
I have two life-insurance policies, but 'rude' agents keep calling me to change the terms. How do I stop this harassment?
"If you forget to pay your premium within that time, your policy will be canceled," it adds. "That can be disastrous for an older person who has health problems that he didn't have when he initially ...
Here's how much of a hit Microsoft is taking with its investment in GM's Cruise
In terms of per-share earnings, the charge will be a hit of around 9 cents a share to Microsoft's fiscal second-quarter EPS. The FactSet analyst consensus calls for EPS of $3.15 for Microsoft, which ...