Articles

How this money manager’s one-of-a-kind fund beats the market without Nvidia and other tech stocks

Cambria Investment’s Faber tells MarketWatch how he makes shareholders money by owning high-quality, dividend-paying stocks that most investors overlook.

Abbott Labs beats Q3 sales and earnings expectations, raises full-year outlook

Abbott Laboratories on Wednesday reported better-than-expected third-quarter earnings and sales, boosted by strength in the company’s medical-devices business.

Novavax’s stock slides 16% after FDA puts clinical hold on COVID and flu vaccine candidates

Novavax Inc.’s stock tumbled 16% early Wednesday after the company said the FDA has placed a clinical hold on its COVID-19-and-flu combination and stand-alone flu vaccine candidates, following a case of motor neuropathy in a participant in a mid-stage trial.

Import prices fall for second straight month in September, led by drop in cost of fuel

The U.S. import price index fell 0.4% in September, the Labor Department said Wednesday. This is the second straight monthly decline due to lower fuel prices.

Global electricity demand to double by 2050, IEA’s World Energy Outlook says

Electricity demand is set to increase at levels equivalent to adding a new Japan to the world each year, the International Energy Agency said

Ulta Beauty unveils $3 billion share buyback program and plans to open 200 new stores in next three years

Ulta Beauty Inc. announced a new $3 billion share buyback authorization on Wednesday and said it plans to open 200 new stores over the next three years.

‘The brand heat is undeniable.’ What analysts are saying about the latest beat-and-raise at Adidas

Analysts drew contrasts with Nike’s struggling performance after Adidas reported another beat-and-raise quarter.

Hurricane Milton’s insured losses could reach $50 billion, says Verisk

Data and technology company Verisk Analytics Inc. VRSK said Wednesday it estimates the insured losses to onshore property from Hurricane Milton could range from $30 billion to $50 billion.

This cruise line had 3 ships ranked near the bottom of the CDC’s ‘vessel sanitation’ list

Sanitation is a major issue for cruise ships.

Mortgage demand plunges as 30-year rate surges

Mortgage applications fell 17% in the past week, the Mortgage Bankers Association said.

Oil prices edge lower after Tuesday rout as investors weigh demand outlook

Crude futures were slightly lower early Wednesday, drifting to the downside a day after a rout sparked by news reports that Israel won’t attack Iran’s oil facilities.

Einhorn says it’s the most expensive stock market since at least 1996

One leading hedge fund says it’s not just tech stocks with nosebleed valuations.
1 849 850 851 852 853 2,470