Articles

As Adam Neumann tries to win back WeWork, Dan Loeb plays down his hedge fund’s role

WeWork founder has turned to hedge fund giant Dan Loeb’s Third Point in the latest twist in the office-sharing company’s saga

This fund manager stopped worrying about economics. Now he is outperforming the stock market.

A change in strategy has helped transform the GoodHaven Fund from a long-term underperformer into an outperformer since the end of 1999.

Snap’s stock implosion after big rally may capture ‘the definition of insanity’

Snap’s huge stock rally in the months before earnings confused analysts in light of persistent business challenges.

VF has plans to fix the Vans brand which lost its way more than a year ago

Shares of VF Corp. got tripped up Wednesday, after the footwear and apparel company reported “particularly disappointing” fiscal third-quarter results, citing weakness in its iconic North Face and Vans brands.

Taco Bell and KFC parent Yum Brands’ stock rises despite fourth-quarter earnings miss

Shares of Yum Brands Inc. climbed Wednesday, shrugging off the company’s weaker-than-expected fourth-quarter profit and revenue. After falling in premarket trading, Yum Brands’ stock is up 3%.

U.S. trade deficit fell in 2023 to the lowest level in 3 years and boosted GDP

The U.S. trade deficit rose slightly in December, but the annual gap still fell to the lowest level in three years and added to economy’s strong performance in 2023.

Chinese stocks showing signs of ‘capitulation’ as Wall Street analysts say bottom is in

Chinese stocks may have finally found a bottom after their worst week in nearly a year, according to several Wall Street analysts.

Confidence in U.S. housing market reaches highest level since March 2022

Americans are optimistic that mortgage rates will fall over the next 12 months, a Fannie Mae survey says.

‘I’m dipping into my Roth IRA’: I’ve been unemployed for 5 months. I used to earn $10,000 a month. Do I sell my house?

“I’m a single mom living in Phoenix. My son is a senior and will be going to college next year.”

Roblox earnings bring a big bookings milestone, sending the stock rocketing

Roblox shares tend to swing big after earnings, and Wednesday’s results could bring a continuation of that trend.

New York Community Bank says deposits have grown and liquidity is ‘ample,’ in wake credit rating downgrade

New York Community Bancorp Inc. moved to try to reassure investors Wednesday, by saying total deposits have increased in the last several weeks and that it had “ample” liquidity.

CVS’s stock gains as profit beat offset lowered outlook on higher medical costs

The healthcare-services and drugstore chain beat fourth-quarter profit expectations by a wide margin, but lowered its full-year outlook because of “elevated medical cost trends.”
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