Articles

Northrop Grumman enters $1 billion accelerated buyback deal with Morgan Stanley

The agreement will be completed under Northrop Grumman’s current share buyback authorization, which has about $3.6 billion remaining.

Cash appeal: Trump has to post $83.3 million while fighting E. Jean Carroll’s jury award. Where will the money come from?

Donald Trump has vowed to fight the $83.3 million defamation penalty that a federal jury awarded E. Jean Carroll — but he will need to hand that money over to the court as he pursues an appeal.

This tech-systems developer is rallying, after earlier warnings of customer caution

Shares of Sanmina Corp. rallied after hours on Monday after the tech-systems developer and services provider forecast second-quarter results that were above Wall Street’s expectations and said it expected stronger results heading into the second half of the year.

IRobot’s future could be rocky after Amazon deal falls through

The Roomba maker said it will now focus on its own restructuring and becoming profitable again, after a proposed merger with Amazon fell apart.

Salesforce, AMD and other Big Tech stocks not named Nvidia that look smart as AI goes mainstream

Six companies that can profit from AI’s wider use.

The Fed may be ‘patient’ in cutting rates, says portfolio manager at Morgan Stanley

The U.S. stock market is facing a tougher climb in 2024, even as investors expect the Federal Reserve will cut interest rates this year, according to Morgan Stanley’s Andrew Slimmon.

Super Micro’s monster earnings forecast sends stock soaring yet again

After Super Micro shares surged to their best day on record earlier in the month, they were rallying again after the company issued a blowout outlook.

Falling mortgage rates boost home buyers’ purchasing power by almost $40,000 — but also bring back bidding wars

A drop in mortgage rates boosted buyers’ purchasing power by nearly $40,000, Redfin said in a new report.

These 4 software stocks are ‘underloved.’ Here’s what could get them appreciated.

Evercore ISI analyst Kirk Materne wonders if “going against the grain” could help investors given “largely bullish” software sentiment.

Will your tax refund be lower this year? Plus 3 other refund questions, answered.

Tax refunds are the “single largest wealth transfer, arguably on the planet, each year,” one tax expert said.

GM earnings: What to expect as legacy carmaker struggles to find its next catalyst

GM to report quarterly earnings before the bell Tuesday, amid concerns about its EV business and the slow start of the year for the auto industry.

Bank complaints about higher capital requirements may be overblown, finance professor says

Columbia’s Tomasz Piskorski agrees with regulators that higher capital requirements could help protect smaller and mid-sized banks
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