Articles

Norfolk Southern books another charge for Ohio derailment and misses on profit again

Shares of Norfolk Southern Corp. were hit hard Friday after the rail operator extended its streak of quarterly profit misses and booked yet another charge associated with the train derailment in East Palestine, Ohio, nearly a year ago.

Coinbase’s stock is controversial, but this new bull sees a 30% gain in store

Two analysts moved away from neutral stances on Coinbase shares this week — and they took opposite views.

Pending home sales post biggest jump since June 2020 as mortgage rates fall

U.S. pending home sales posted the biggest increase since June 2020, the National Association of Realtors said on Friday.

In a ‘grabby market,’ investors should start looking at cash and gold, says DoubleLine’s Gundlach

Jeffrey Gundlach said in an interview that he’s worried about a “grabby” market and he’s considering cash and likes gold.

Spirit Airlines’ stock tumbles after JetBlue warns merger may be terminated

Spirit’s stock plunged 16.4% Friday, while JetBlue shares gained 1.5%.

I’m 73 and starting RMDs with a $53,000 withdrawal. When will I have to pay income tax on this?

A reader wants to know if when he takes his required minimum distribution changes his taxes due.

Intel serves up ‘a lot of meat for the bears’ as stock flirts with worst drop in two years

Analysts had some harsh words for Intel after a whiff on its forecast.

Tesla’s stock hasn’t fallen enough — this analyst sees a further 30% downside

Although Tesla’s stock already took a sound beating after yet another disappointing earnings report, one analyst believes it wasn’t punished nearly enough.

BrightSpring’s IPO prices below range to raise $693 million

The stock of the health services provider will start trading on Nasdaq later Friday.

JPMorgan’s Jamie Dimon shuffles top management in potential stage-setting move for a successor

Jennifer Piepszak will be co-chief executive of an expanded Commercial & Investment Bank, with Troy Rohrbaugh as co-chief executive, while Marianne Lake will be sole chief executive of Consumer and Community Banking

Oil prices pull back but remain set for strong weekly gains

Oil futures are set to book strong weekly gains.

Colgate-Palmolive’s earnings buoyed by higher prices, strength in Latin America

Consumer goods company topped earnings estimates for the fourth quarter and offered upbeat guidance.
1 1,630 1,631 1,632 1,633 1,634 2,416