Articles

Polaris points to ‘unexpected operational challenges’ amid earnings miss

Polaris said that fourth-quarter sales were impacted by lower volume, net pricing driven by higher promotional spend and higher finance interest.

Malibu Boats’ stock takes on water as luxury yacht sales flounder

The yacht maker ran into “weak retail demand” during its typically quiet time for business during the winter months.

IMF boosts global economic growth outlook, sees inflation retreating

The global economy is showing surprising strength in the face of global political crises, the International Monetary Fund said, in a new update to its World Economic Outlook released Tuesday.

HCA’s stock jumps as fourth-quarter results top expectations

HCA Healthcare’s stock jumped early Tuesday after the hospital operator reported fourth-quarter results that topped expectations.

As AMD earnings approach, this bull is cooling his enthusiasm for the stock

AMD reports earnings after the closing bell Tuesday, and one analyst has ratcheted down his enthusiasm for the stock ahead of the big event.

Pfizer’s stock rises as earnings beat expectations, company seeks ‘clean slate’ in 2024

Pfizer stock rose early Tuesday as the drugmaker beat analysts’ earnings expectations and reaffirmed full-year 2024 guidance.

Food-delivery group stocks go stale after discount sale

Shares of European food-delivery groups fell sharply Tuesday after the discounted sale of a big share stake raised questions about the market’s valuation of the sector.

General Motors’ stock soars after earnings crush estimates

Profit and revenue soar past estimates for the fourth quarter, and car maker offers upbeat guidance.

The ‘woke’ economy and big-spending U.S. policies are empowering populists 

The 2024 election is a referendum on the Biden presidency.

IBM tells U.S. managers to either start working from the office or leave their jobs – report

International Business Machines Corp (IBM) has reportedly issued a sweeping ultimatum aimed at putting the practice of remote working to a definitive end in a memo sent out to its U.S. managers that says they must either start working from the office or leave their jobs.

Five-star fund manager bets on cheap AI, beer and China plays

Matthew McLennan, co-head of the global value team at top-ranked First Eagle Investments says a diversified portfolio will see investors through almost any storm.

‘If I say the sky is blue, she’ll tell me it’s green’: My daughter, 19, will inherit $800,000. How can she invest in her future?

“Considering her age, I would love for some of that money to be inaccessible.”
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