Articles

Recent IPO Amer Sports is tapping the high-yield bond market with $600 million deal

The news surprised investors coming just days after Amer Sports made its debut on the New York Stock Exchange with a deal that priced below the proposed price range at $13 a share.

Morgan Stanley’s five reasons why European stocks will prove pessimists wrong in 2024

When Morgan Stanley’s European equity analyst team said they saw 9% upside for the MSCI Europe index in 2024, many of their clients were having none of it.

Eli Lilly’s stock leaps toward a record as a 16% jump in prices boosted profit

U.S. prices for Lilly’s drugs climbed 27%, driven by diabetes treatment Mounjaro, while prices outside the U.S. fell.

Plug Power’s stock loses a bull with company seen in ‘triage’ mode

Plug Power shares have been subject to volatile swings in recent months, and now a Seaport Research analyst is recommending a neutral stance.

Hertz’s stock heads for record low after car rental company’s loss was wider than expected

Hertz Global Holdings Inc.’s stock tumbled 7% early Tuesday to put it on track for its lowest close since emerging from bankruptcy in July of 2021, after the car rental company posted a wider-than-expected fourth-quarter loss.

Lear’s stock falls, as auto-parts maker reports an earnings miss

Lear Corp. reported increased net income and sales over the same quarter last year, but some numbers fell short of analysts’ expectations.

Why small-business loans are a win-win for women-run startups and smaller banks

A bowling alley in Pittsfield, Mass., is on a roll after receiving a Small Business Association loan through a local bank,

Spotify’s stock rallies after earnings as user growth brings a positive surprise

Spotify narrowly topped expectations for monthly active users and premium subscribers.

GE Healthcare beats fourth-quarter earnings estimates to offset soft profit guidance

GE HealthCare Technologies Inc.’s stock rose 1.9% early Tuesday, after the company posted better-than-expected profit and revenue for the fourth quarter, offsetting soft profit guidance for 2024.

The first Wall Street bank to make a recession call now expects a narrow landing

The U.S. economy will land on a “narrow path” this year, and avoid a recession, thanks in part to a better consumer picture, says Deutsche Bank.

Not every American high-school student needs to go to college. Here’s what they should do instead.

Apprenticeships are often a better fit for some.

Why does it take five days for a check to clear?

“I received an insurance-claim check for $22,000. Other than verifying the availability of the funds, what’s happening that requires five days?”
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