Articles

Bank of America ramps up financial-wellness offerings to employees of its commercial clients

Bank of America is reporting traction with a program that offers employees of its corporate-banking clients money-management advice and rewards.

PayPal’s stock lands a downgrade as earnings growth gets ‘difficult to envision’

The stock’s bull camp among Wall Street analysts has been steadily shrinking.

Kroger pledges to lower prices for consumers when its planned merger with Albertsons closes

Grocer is facing regulatory pushback over the deal, which is expected to reduce competition in some regions.

Coca-Cola’s stock gains after sales top forecasts, as prices and volume rose

Case volume growth was strongest in juice, value-added dairy and plant-based beverages.

Molson Coors’ stock rises nearly 3% after company swings back to a quarterly profit

The company gained market share from rival Bud Light, after that brand became the subject of a conservative-led boycott following the use of a transgender influencer in its marketing, sending beer drinkers to Molson Coors for light-beer alternatives.

Hasbro’s stock plunges after another profit miss, downbeat sales outlook

Hasboro saw the third straight miss of earnings expectations, and the biggest miss on a percentage basis since second-quarter results of 2020, according to FactSet data.

Datadog’s stock drops as outlook for first quarter implies minimal growth

Datadog topped expectations with its latest quarterly results, but its stock was falling premarket Tuesday.

U.S. oil benchmark aims for 7-day winning streak

Oil futures push higher early Tuesday.

Former hedge fund star says this is what will trigger the next bear market.

Former hedge-fund manager Russell Clark says the only thing standing in the way of a bear market for stock is Japan.

Biogen’s stock slides as quarterly results miss expectations amid slow launch of Alzheimer’s treatment

Biogen on Tuesday reported fourth-quarter results that fell short of Wall Street expectations as uptake of its newer drugs failed to offset declining multiple-sclerosis product sales.

Shopify logs earnings beat, but its stock retreats

Shopify beat profit expectations for the latest quarter and projected margin improvement for the current one.

Higher interest rates, inflation will challenge the post-COVID economy. AI will save it.

AI will boost productivity and GDP growth, and give governments a way out of budget problems.
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