Articles

JPMorgan, Wells Fargo to kick off bank earnings parade as Wall Street weighs lower interest rates

JPMorgan Chase & Co. and Wells Fargo & Co. kick off third-quarter earnings season this coming Friday, as Wall Street looks for fresh clues on how lower interest rates may boost profits for big U.S. banks.

Applebee’s parent’s stock slides 5% after Truist downgrades on worry about slowing sales

‘Potentially severe Applebee’s same-store sales underperformance vs. peers (based on Truist Card Data) shakes our confidence that improving same-store sales will be a near-term catalyst for the shares,’ analyst Jake Bartlett wrote in a note to clients.

Schwab leads list of banks expected to profit most in 2025 from Fed’s rate cuts

Analysts predict a reversal of two years of earnings declines for the banking industry.

The U.S. port strike is over. This is what it means for transportation and shipping stocks.

The end of the three-day U.S. ports strike has implications for a number of transportation and shipping stocks, say analysts.

Coeur Mining is using its high-flying stock to buy SilverCrest for $1.7 billion

Coeur Mining announced Friday an agreement in which the gold and silver miner is using its stock, that has more than doubled this year, to buy SilverCrest Metals in a deal valued at $1.7 billion.

Cisco is reportedly close to investing in Nvidia-backed AI startup CoreWeave

Cisco Systems Inc. is close to investing in artificial intelligence startup CoreWeave in a deal that values the company at $23 billion, Bloomberg reported Friday, citing people with knowledge of the matter.

Oil prices set for big weekly gain as traders await Israel response to Iran missile attack

Oil futures added to gains Friday, on track for a sharp weekly rise as traders awaited Israel’s response to a missile attack by Iran earlier this week.

Medtronic voluntarily recalls insulin pumps due to risk of shortened battery life

Company says the smallest knock can impact batteries by damaging internal electronics

‘I’m scared to death’: My wife asked for a divorce after 21 years. She wants to buy a house with our savings, but promises to help pay my mortgage.

“There is more than enough money in the savings to completely pay off the current mortgage.”

U.K. pub chain J.D. Wetherspoon now makes 38% of it sales from food

Wetherspoons chairman Tim Martin hit out at plans aimed at lowering U.K. alcohol consumption

Why one foreigner expects the U.S. to reclaim its stock-market dominance

Wall Street has lagged many of its peers in recent months. But that should change.

Rivian’s stock dives after production outlook was cut due to parts shortages

Rivian’s stock took a dive Friday, after the electric vehicle maker said it was experiencing a supply shortage, prompting a cut to its full-year production guidance.
1 851 852 853 854 855 2,444