Articles

U.S. home prices hit a new high in November, Case-Shiller says

Case-Shiller 20-city home price index up 5.4% year-over-year in November.

Morgan Stanley upgrades Bank of America, Goldman Sachs and Citi on ‘lightened up’ Basel III capital requirements

Analyst Betsy Graseck is “back & bullish” on banks on sunnier prospects for a “significant increase in buybacks.”

UBS Group joins chorus of Wall Street analysts recommending small-cap stocks

U.S. small-cap stocks have had a rocky start to 2024 following a stellar fourth quarter.

Bank of England to keep rates at near 16-year high on Thursday, but traders bet cuts are coming

The Bank of England on Thursday is expected to follow the European Central Bank last week and the Federal Reserve the day before in leaving interest rates unchanged.

Pulte Homes sees ‘significant increase’ in buyer activity at end of 2023

PulteGroup Inc. said Tuesday it saw a surge in home buying activity around the end of 2023 and projected a bumper 2024, but the home builder’s stock took a hit as fourth-quarter revenue dropped below forecasts amid falling home closings and prices.

SeaWorld to change its corporate name to United Parks & Resorts

Theme-park operator’s name change comes after years of controversy about its handling of orcas and other marine mammals.

Why analysts say the Fed risks clogging the financial plumbing without a policy change

Federal Reserve officials are expected to hash out how to slow, then stop, the shrinking of the central bank’s balance sheet to avoid financial plumbing issues.

Polaris points to ‘unexpected operational challenges’ amid earnings miss

Polaris said that fourth-quarter sales were impacted by lower volume, net pricing driven by higher promotional spend and higher finance interest.

Malibu Boats’ stock takes on water as luxury yacht sales flounder

The yacht maker ran into “weak retail demand” during its typically quiet time for business during the winter months.

IMF boosts global economic growth outlook, sees inflation retreating

The global economy is showing surprising strength in the face of global political crises, the International Monetary Fund said, in a new update to its World Economic Outlook released Tuesday.

HCA’s stock jumps as fourth-quarter results top expectations

HCA Healthcare’s stock jumped early Tuesday after the hospital operator reported fourth-quarter results that topped expectations.

As AMD earnings approach, this bull is cooling his enthusiasm for the stock

AMD reports earnings after the closing bell Tuesday, and one analyst has ratcheted down his enthusiasm for the stock ahead of the big event.
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