Articles

Chinese small-cap stocks suffer market rout as Trump threatens renewed trade war

Chinese stocks suffered another rout on Monday, with a gauge of small-cap stocks trading on the mainland slumping nearly 9% at its lows.

Charter’s stock gets another downgrade with weak numbers that are ‘difficult to explain’

Another analyst is cutting the cord on Charter shares in light of pressures in the company’s broadband business.

Citizens Financial Group gets an upgrade as analyst sifts through regional-banking stocks

Citi analyst Keith Horowitz raises CFG to buy after recent sell-off in sector

If a CEO says the L-word too much, the company’s stock price goes down

Analysts at Bank of America led by Savita Subramanian studied earnings transcripts of companies that used the word “layoff.” Relative to the industry group they’re in, the more they use the word, the worst the return.

Tyson Foods’ stock soars 5% after profit beat offsets fifth straight sales miss

The parent of food brands Tyson, Hillshire Farm, Jimmy Dean and Ball Park beat profit estimates for its fiscal first quarter, overshadowing a fifth straight sales miss.

Estée Lauder stock soars toward best day in 13 years after earnings, job cuts

Estée Lauder’s stock soared Monday, after the beauty-products company reported fiscal second-quarter profit that beat expectations by a wide margin, and said it would cut up to 5% of its workforce.

McDonald’s misses revenue target as it cites impact from Middle East war

Fast-food giant sees ‘macro challenges’ continuing in 2024.

Caterpillar’s stock surges toward a record after another big profit beat

Sales rose above forecasts due to higher pricing, strength in the energy and transportation business.

Elanco’s stock heads for 18-month high as company sells aqua business to Merck for $1.3 billion in cash

The deal “allows us to prioritize our investments in larger markets with greater earnings potential over the medium and long term, while creating balance sheet flexibility.”

Do what this deal-making CEO does and find ‘AI-proof’ industries for your money

Healthcare, retail, manufacturing and building products are industries AI likely won’t dominate.

Novo Nordisk, struggling to meet weight-loss drug demand, to buy facilities in three-way deal

The controlling shareholder of weight-loss drug maker Novo Nordisk on Monday said it’s buying a provider of drug manufacturing for $16.5 billion.

Oil prices slide as traders brush off U.S. airstrikes

Oil futures fall to begin the week.
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