Sell Macy’s and Kohl’s Stock, Analyst Says. Covid-19 Has Been a ‘Big Setback.’ The crisis has simply accelerated trends already in place, including the need to close underperforming stores. Text … Read More
Waiting Game: FAA Gives the Public 45 Days to Comment on the Boeing 737 MAX The Federal Aviation Administration has released an update on the Boeing 737 MAX jet, inviting … Read More
Slack Accuses Microsoft of Illegally Tying Teams to Office The EU complaint sends a slightly dangerous investment message — that Teams is hurting Slack in the marketplace. Text size Timothy … Read More
Uber and Lyft Are Going Places, but Not Right Away Uber Technologies and Lyft have driven in far different directions this year. Raymond James analyst Aaron Kessler likes their long-term … Read More
Philip Morris Wants to Help You Quit Smoking. Here’s How That Helps The Stock. The stock got a boost from an upbeat earnings report and full-year forecast earlier this week. … Read More
Shopify to Offer Affirm’s ‘Buy Now, Pay Later’ Financing Option Shopify has signed a deal that will allow merchants to offer fintech startup Affirm’s installment payment service starting later this … Read More
The Dow Is Edging Higher on Hope for a Vaccine and Earnings Expectations Stocks are making small gains midday Wednesday, overcoming initial weakness, as hopes for a Covid-19 vaccine and … Read More
AMD Stock Is Soaring. Here’s Why. Shares of Advanced Micro Devices have gained 7% in Wednesday trading, making it the S&P 500’s fourth-best performer. Text size Francois Nel/Getty Images NIO … Read More
Nio Stock Is Dropping Because Tesla Cut Its Reservation Fee in China. That’s the Wrong Reaction. Yes, Tesla’s news could be bad for NIO, but there are alternative ways to … Read More
U.S. Shuts a Chinese Consulate. Why Investors Should Pay Attention to the Dramatic Move. This undefinedlatest ratcheting up of U.S.-China tensions leaves investors trying to gauge whether large U.S. companies … Read More
Colgate-Palmolive Stock’s Big Gains Might Be Over. Here’s Why. Morgan Stanley warned the home and personal care product maker’s shares look pricey. Text size Joe Raedle/Getty Images Chevron’s decision to … Read More
U.S. stocks are slightly higher early Wednesday, rising ahead of several influential earnings reports, and amid familiar trade-related uncertainty. Against… Text size Justin Sullivan/Getty Images Coca-Cola stock is rising early … Read More
Coca-Cola’s Earnings Are Out of the Way. Why One Analyst Says Buy Now. Hint: The Coca-Cola upgrade has little to do with the actual earnings. Text size Justin Sullivan/Getty Images … Read More
Buy Apple Stock Because Earnings Should Beat Street Estimates, Analyst Says Apple is likely to post better-than-expected revenue and profits for the June quarter, Morgan Stanley analyst Katy Huberty asserts … Read More
Tesla Stock Is ‘Divorced From Fundamentals’ Wall Street continues to adjust numbers ahead of Tesla’s all-important second-quarter earnings report. A profit would most likely mean Tesla stock gets added to … Read More
This might be ‘the worst time in history’ to pile into these stocks, but investors keep doing it anyway Despite COVID-19’s devastating impact on the economy, Goldman Sachs’ chief U.S. … Read More
SEC nominee Crenshaw vows to hold financial firms accountable for mitigating conflicts The Investing News Source for Financial Advisers A report from the organization of state and provincial securities regulators … Read More
NASAA study on aging advisers suggests firms consider requiring succession plans The Investing News Source for Financial Advisers,Regulators say the aging advisory workforce may well encounter issues related to cognitive … Read More
SEC nominee Crenshaw vows to hold financial firms accountable for mitigating conflicts The Investing News Source for Financial Advisers Resources Investment Advisors has bought yet another retirement adviser firm, Tampa, … Read More
Resources picks up $2B 401(k) consultant The Investing News Source for Financial Advisers,The acquisition, which was announced last week, brings Resources’ retirement plan assets under management to a reported $50 … Read More
GPB Capital reports nearly $200 million drop in AUM The Investing News Source for Financial Advisers,The independent broker-dealer also parts ways with an auditor and its valuation company. Stephen Langlois, … Read More
Former eMoney exec tapped to lead Kestra B-D unit The Investing News Source for Financial Advisers,Stephen Langlois will serve as president of Kestra’s broker-dealer unit while James Poer remains CEO … Read More
Wells Fargo hires BNY Mellon executive as CFO The Investing News Source for Financial Advisers,Mike Santomassimo will succeed John Shrewsberry, who is retiring after six years as CFO, as the … Read More
UBS may resume share buybacks The Investing News Source for Financial Advisers,Second-quarter earnings show the bank’s wealth management profit in Asia helped offset a 37% drop in profit year-on-year for … Read More
401(k) plans – gold mines or land mines? The Investing News Source for Financial Advisers,It’s getting harder for advisers who don’t specialize in 401(k) plans to dabble in an industry … Read More
Looking out for your Aunt Sally The Investing News Source for Financial Advisers,If you’re considering selling, the first question is whether you want to be part of a fully integrated … Read More
Scientists accidentally create the “sturddlefish” — a new fish hybrid from two endangered species Scientists have bred ligers, mules, zorses…and now, sturddlefish Greta Thunberg has pledged to donate 1 million … Read More
Greta Thunberg pledges to donate 1 million euros in prize money Thunberg said she hopes the money will help her "do more good in the world." Meet the sturddlefish: a … Read More
Scientists accidentally create the “sturddlefish” — a new fish hybrid from two endangered species Scientists have bred ligers, mules, zorses…and now, sturddlefish Wildfires in Russia have so far burned down … Read More
Wildfires in Siberia have burned down an area larger than Greece Nearly 50 million acres are estimated to have burned across Russia this year — and the fires do not … Read More
U.K. releases long-delayed report on Russian election meddling No smoking gun to prove Moscow meddled, but the parliamentary committee does take the government to task for failing to address the … Read More
Attorneys for families held by ICE challenge lead lawyer in case governing detention of migrant kids Lawyers representing families held by ICE say the lead lawyer in a landmark case … Read More
Ukrainian hostage situation ends after president urges citizens to watch documentary narrated by Joaquin Phoenix All 13 hostages are safe and unharmed, according to police. Brussels — Weary but relieved, … Read More
EU agrees on mammoth $858 billion virus aid package at contentious 4-day summit Almost unprecedented bickering gave way to pushing for the common good in pact French President Macron said … Read More
From TikTok to Black Lives Matter, how Gen Z is revolutionizing activism "We're looking at a world where there is so much injustice and brutality and unfairness and bias, and … Read More
Travelers from nearly two-thirds of U.S. states will now have to self-quarantine when entering New York While New York has seen a decline in cases, dozens of other U.S. states … Read More
Democratic lawmakers urge funding for potential COVID-19 treatment Two lawmakers are calling for research into immune globulins as a "pre-vaccine solution" for coronavirus. Director of National Intelligence John Ratcliffe has … Read More
Director of National Intelligence proposes holding limited worldwide threat hearing in August Ratcliffe's offer – if accepted – would be a departure from the way the annual hearing has traditionally … Read More
