Articles

Visa’s stock falls after earnings as payment-volume growth slows

The company’s investor presentation indicated a slowdown in overall U.S. volume growth during the first three weeks of July relative to what was seen in June.

Cal-Maine’s stock falls as avian flu outbreak weighs on earnings in latest quarter

Cal-Maine Foods Inc.’s stock fell 2% in after-hours trading Tuesday, after the nation’s biggest egg producer posted weaker-than-expected fourth-quarter earnings as an avian flu outbreak continues to take a toll.

After falling quarterly sales, Mattel says next year will be better

Mattel Inc. on Tuesday said it expected to grow both profits and sales next year and said new products and less caution from retailers would help momentum for the second half of this year, even after reporting second-quarter results that were a mixed bag.

If your IRA is stuck in cash, it’s not really your fault — but you need to fix it

Investors are losing out on millions of dollars in growth because IRA rollovers and contributions are too hard to understand.

SunPower’s stock skyrockets despite company’s challenges: ‘Shorts dug themselves a hole here’

SunPower shares climbed 25.4% Tuesday despite the challenges facing the maker of solar-energy technology.

A ‘Gucci Goddess’ stole $109 million from the Army — and bought 30 homes, 82 cars and 1,500 pieces of jewelry

Janet Mello was dubbed the ‘Gucci Goddess’ for perpetrating one of the biggest public frauds in Texas history, earning her 15 years behind bars.

Gen X’s retirement woes may give rise to a generation of ‘silver squatters’

This generation will need more financial and housing support from family than older generations, study says.

Southwest Airlines safety incidents draw FAA scrutiny

U.S. aviation regulators have launched an audit of Southwest Airlines Co. after recent safety-related incidents.

Lineage anchors busiest dollar-volume week for IPOs so far in 2024

Seven deals on the calendar aim to raise about $5 billion, led by a $3.6 billion deal from Lineage, a chilled-warehouse REIT.

Student-loan servicer’s ‘Kafkaesque’ customer service kept borrowers in debt, suit claims

The lawsuit argues that MOHELA intentionally pushes borrowers towards using online and other self-service tools instead of connecting them with a live customer service agent.

UnitedHealth is tapping the bond market as it moves to get ahead of election-related volatility

UnitedHealth Group Inc. launched a seven-part bond offering on Tuesday that will include a floating-rate tranche, as it moves to refinance debt ahead of any potential volatility stemming from the pending U.S. presidential election.

Prescription-drug middlemen face mounting bipartisan criticism on Capitol Hill 

Top executives at the largest U.S. pharmacy-benefit managers sought to defend their business practices on Capitol Hill on Tuesday, as lawmakers on both sides of the aisle excoriated the industry’s impact on the cost and accessibility of prescription drugs.
1 428 429 430 431 432 1,797