Articles

MedMen goes from height of $3B valuation to zero as stock draws cease-trade order

Once hailed as the first cannabis unicorn, MedMen’s fortunes have gone up in smoke.

Global bond markets are unwinding the rally from December’s ‘Fed pivot party’

Global bond markets are starting to reverse some of a rally that carried yields lower and prices higher late last year.

Chipotle to hire 19,000 employees to prepare for busy ‘burrito season’

The seasonal hires, which would be 27% more than the 15,000 hired last year, are in preparation for its busiest time of the year, from March to May.

This is the mistake investors are making in thinking about a second Trump presidency, say UBS strategists

Why January 2025 and January 2017 are not analogous

Caroline Wozniacki and David Lee put Miami beach penthouse on the market for $42.5 million

The swanky unit is everything a well-heeled buyer would want in a penthouse: 7,000 square feet of living space, oak herringbone flooring and skyline views.

Abbott Labs’ fourth-quarter sales top estimates amid strong medical-device demand

Abbott Laboratories on Wednesday reported fourth-quarter sales that topped expectations amid strength in its medical-device and nutrition segments.

Kimberly-Clark’s stock dented by weaker-than-expected fourth-quarter earnings

Kimberly-Clark Corp.’s stock fell 3.4% early Wednesday, after the parent to consumer brands including Huggies diapers and Scott and Kleenex tissues posted fourth-quarter earnings that fell short of expectations.

Oil edges lower on uncertainty over demand

Oil futures edged lower early Wednesday.

DuPont stock dives as weak China, inventory cuts prompt profit warning

Shares of DuPont de Nemours Inc. tumbled Wednesday, toward their worst day in nearly four years, after the materials science company issued a profit warning, as the weaker demand seen at the end of 2023 is expected to continue.

Abrdn to cut 500 jobs in bid to boost profitability of investment company

The asset manager’s plans are aimed at saving it £150 million

5 reasons to love unloved energy stocks – and 10 ways to buy them

Energy sector stands to move a lot higher this year. Here’s why.

Forget the stock market’s shiny winners. There’s hidden money in the losers, says this veteran manager

Bob Robotti, founder and chief investment officer at Robotti & Co., discusses the art of investing in unloved, mispriced companies.
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