Articles

Charles Schwab’s stock rises on uptick in August activity

Charles Schwab expects third-quarter results to finish in line with its July business update, with revenue up 2% to 3% from the previous quarter.

Icahn Enterprises says class-action suit following report by short seller Hindenburg Research has been thrown out

Activist shareholder and billionaire Carl Icahn was taking somewhat of a victory lap Monday, after a judge dismissed a proposed class-action lawsuit against his company, finding it did not make material misrepresentations or omissions as alleged in a report by short seller Hindenburg Research.

Apple’s stock is getting weighed down by this downbeat sign for iPhone 16 sales

A prominent Apple analyst says iPhone 16 Pro preorders were lower in the first weekend relative to last year’s iPhone 15 Pro performance.

Zillow’s stock surges as analyst says start buying as mortgage rates fall

Zillow’s stock rallied toward a more than two-year high Monday, as falling mortgage rates and rental revenue strength prompted Wedbush analyst Jay McCanless to turn bullish on the provider of real estate information and brokerage services.

Manchester United well positioned for growth, says Jefferies

Manchester United Ltd., which reported fourth-quarter results last week, is well positioned for growth, says analyst firm Jefferies.

Manufacturing activity expands in New York region for first time in almost a year

The New York Federal Reserve’s Empire State business conditions index, a gauge of manufacturing activity in the state, jumped 16.2 points in September to 11.5, the regional Fed bank said Monday.  That’s the first positive reading since last November.

Bausch + Lomb’s stock soars 18% on report company is considering selling itself

Eye-care company is working with Goldman Sachs on a deal that would extricate it from its indebted parent, the Financial Times reported.

‘Like winning the lottery without buying a ticket.’ These people got rich in unexpected ways.

How they did it: Hard work; prudent risk-taking — and some really good luck.

What if the Magnificent Seven are finished?

The rest of the market will have to do heavy lifting for the S&P 500 to move higher.

Energy companies BKV and Peak Resources move into the IPO pipeline

BKV sets estimated price range to raise $362 million, while Peak Resources files IPO

Target unveils holiday hiring plans and announces thousands of deals for price-sensitive shoppers

Target is planning to hire 100,000 additional workers at its stores and distribution centers and will host Target Circle Week from Oct. 6 to 12.

Oil prices shake off weak China data to kick off week with gains

Oil futures rose Monday, shaking off another round of lackluster data from China as investors await a decision by the Federal Reserve this week that’s expected to center on how much to cut its key interest rate.
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