Articles

Signet Jewelers’ stock dives after weak outlook, as marriage engagements drop

Signet Jewelers’s stock was suffering their worst day in nearly two years after the seller of diamond jewelry warned of a surprise same-store sales decline in the current quarter, as marriage engagements drop off before a gradual recovery over the long term.

Super Micro’s stock is suffering its worst five-day stretch in four years

The server maker’s stock is still up about 800% over the past 12 months.

JPMorgan Chase yield still lags peers, even after latest dividend increase

JPMorgan Chase & Co. on Wednesday said it would hike its quarterly dividend by 9.5%, but even with the boost, its yield still lags those of its peers. The Dow component will pay $1.15 a share, up from $1.05 previously and $1 a year ago.

Best places to retire for people who love wine country

There are beautiful retirement spots across the country and in a range of budgets

General Mills’ stock jumps after profit beat as price gains offset volume drop

General Mills’ stock jumped Wednesday, after the consumer-foods company reported fiscal third-quarter profit that rose above expectations, as price increases and cost savings helped offset volume declines.

Pound falls as U.K. inflation at fresh 2-year low bolsters bets the Bank of England will adopt dovish tone on Thursday

The pound and U.K. government bond yields fell Wednesday after a report showed inflation at its lowest in more than two years

Nasdaq’s stock drops after $1.6 billion offering from stock-exchange parent

Borse Dubai is selling nearly 27 million shares to reduce its stake in the Nasdaq to 10.8%.

Temu parent PDD’s stock soars as improving consumer sentiment fuels profit beat

PDD’s stock powered higher Wednesday, after the China-based e-commerce company and parent of fast-fashion platform Temu reported fourth-quarter earnings that rose well above expectations, citing signs of improving consumer spending.

There’s gas in the tank for a post-FOMC rally so stick with the stock-market winners, says Wall Street bull

Fundstrat Global Advisors, Tom Lee, makes a bet on a post-Fed rally, offering five reasons for that and stocks he thinks investors should hold onto.

BioNTech’s stock sinks after earnings miss, as inventory writedowns weigh

BioNTech’s stock sank toward a more than two-year low Wednesday, after the Germany-based biotechnology company reported fourth-quarter results that fell sharply below expectations, weighed down by inventory writedowns by COVID-19 vaccine collaboration partner Pfizer.

Wells Fargo’s stock has reached a fair price after runup, analyst says

Citigroup cuts Wells Fargo rating to neutral on ‘balanced’ risk/reward but boosts price target

Income annuities help retired workers — and life insurance companies are managing them responsibly

Labor Department’s fiduciary rule runs counter to the life insurance industry’s practices.
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