Browsing: Investing
By Chris Wack Medifast shares were down 16% on Wednesday to $41.28 after the company reported lower fourth-quarter earnings than the same quarter last year. The health and wellness company…
Crude and RBOB futures were moving higher Wednesday while ULSD prices were easing. At midday, April West Texas Intermediate was 51cts/bbl higher at $77.54/bbl and April Brent prices were up…
Shares of security software stocks are getting hammered on Wednesday after industry leader Palo Alto Networks provided disappointing financial guidance—and warned about some disturbing corporate spending trends on security software.…
International Flavors & Fragrances stock was tumbling Wednesday after the scents and flavors maker provided disappointing sales guidance and cut its dividend. Shares of International Flavors fell to $75, down…
Stocks rallied in the final hour of trading on Wednesday as Wall Street geared up for Nvidia’s fourth-quarter earnings report and reacted to minutes from the Federal Reserve’s latest policy…
Alternative-asset manager DigitalBridge suffered an 8% stock drop Tuesday, after investors panned a quarterly report meant to show off its growing fund-management business. The company’s sell-side fans remain steadfast in…
Is Apple getting ready to make a play for the lucrative sports betting market? That is the obvious question after the company on Wednesday unveiled Apple Sports, a stand-alone iPhone…
Microsoft will use Intel to make one of its upcoming chips. On Wednesday, Microsoft CEO Satya Nadella announced the software firm will use the Intel 18A process to manufacture a…
Social-media company Reddit is planning to offer shares in its initial public offering to 75,000 of its biggest users when it hits the market next month, the Wall Street Journal…
London’s iconic BT Tower is being sold and will be converted into a hotel. BT BT.A, +1.64% said it’s selling the BT Tower to MCR Hotels for £275 million ($347…