Articles

Disney’s new message of ‘urgency’ is resonating big time on Wall Street

Disney’s stock is roaring higher as analysts praise the company’s progress on streaming profits.

Kenvue’s stock slides 2.6% as J & J spinoff’s revenue and guidance fall short of expectations

The company said it will prioritize its U.S. skin-health and beauty business in 2024, and aim to reach more consumers and invest in its brands.

Philip Morris says its e-cigarettes are now selling more than Marlboro products

Total cigarette volume fell 0.5% including a 0.8% drop in Marlboro units to 60.2 million units.

Hershey reports Q4 earnings beat, but shares fall on weak outlook

Hershey Co. reported a fourth-quarter earnings beat before market open Thursday, although shares fell 3.4% in premarket trades, weighed down by weaker-than-expected sales and guidance.

Tapestry’s stock jumps as strong Coach sales fuel profit beat, raised outlook

Shares of Tapestry Inc. surged toward a six-month high in premarket trading Thursday after a profit beat and raised outlook, as strength in the fashion company’s Coach brand offset weakness at Kate Spade.

This boomer has worried about retirement since 1981. Here’s what she’s learned.

Peak 65: “The two most important assets I have right now are time and health.”

Under Armour’s stock jumps 7% as profit beat offsets a revenue miss

Under Armour Inc.’s stock rose 7% early Thursday, after the sporting apparel company beat profit estimates for its fiscal third quarter to offset revenue that came up short.

I’m 52 and retiring in 20 years. Should I invest in a Roth IRA or individual index funds like the Dow and Nasdaq? 

“I don’t plan to retire for at least another 20 years.”

Luxury skiwear company Perfect Moment’s IPO prices at low end of range

Luxury ski- and outerwear company Perfect Moment Ltd. said Wednesday its initial public offering priced at $6 a share, the low end of its range.

Immigration may answer two big mysteries of the U.S. economy

A positive labor supply shock could help explain the economy’s strength as inflation recedes.

PayPal hits reset, but stock slides as the ‘existential question’ lingers

Some on Wall Street continued to express skepticism about the ease of the company’s turnaround.

China’s core inflation called a ‘concerning low’ as prices drop for fourth month running

Economists at Citi called China’s core inflation numbers “concerningly low,” after data showed prices dropped for the fourth straight month in January.
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