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Rolls-royce cutting up to 2,500 jobs to improve efficiency
Rolls-Royce is reducing its global staff by 2,000 to 2,500 employees to create a more agile business, the company, which employs 6,000 Americans, sai...
Equity cefs: you're still going to be far better off in clm than ggt
It's been a rough year for CEFs. Between skyrocketing interest rates and liquidity tapering by the Fed, many CEF valuations have plunged to near bear ...
Intel ceo says u.s. is winning ai race over china
CEO Pat Gelsinger expects more innovation—including better capabilities to use and generate animation, video, and speech....
Hashicorp: a solid business model and a huge opportunity
HashiCorp was created to provide automation tools for organizations adopting multiple clouds. HashiCorp offers a unique product portfolio that covers ...
Gm delays ev truck production by a year at michigan plant
General Motors Co said on Tuesday it will delay production of the electric pickup trucks at its Orion, Michigan, plant by a year to better align with ...
Spyd: big bet on yield-sensitive sectors, sneaky volatility
Yield-sensitive sectors have been hit hard as Treasury rates surge, making high dividend stocks in focus. Goldman Sachs expects higher S&P 500 dividen...
Arch q3 preliminary results: use this breather to pick up a high dividend
Arch Resources, Inc.'s latest quarterly results show a reduction in coking coal volumes, leading to a downward revision of approximately 9%. Despite t...
Bondholdings become less of a burden at bank of america, other big banks
Fixed-rate bonds that lost value as interest rates rose can even help out in some ways....
Newcrest reports lower gold and copper production in september quarter
(Kitco News) - Newcrest (ASX: NCM) (TSX: NCM), one of the world's largest gold mining companies, today reported September quarter gold production of 4...
3 reasons to buy netflix stock before wednesday night
Paid sharing could give a significant boost to the bottom line. A price hike could be around the corner....
Microsoft ceo satya nadella says he weighs 2 factors when considering making an acquisition
Satya Nadella has orchestrated a slew of acquisitions at Microsoft since becoming CEO in 2014. He laid out his criteria for possible acquisitions at A...
Luxury ev maker lucid misses the mark on deliveries
Lucid said Tuesday it delivered 1,457 of its luxury all-electric Air sedans in the third quarter, missing Wall Street expectations by about 500 vehicl...
Rio tinto increases mined copper production 5% in q3, iron ore shipments up 1%
(Kitco News) - Global mining group Rio Tinto (LSE: RIO) (ASX: RIO) announced today that its Pilbara operations produced 83.5 million tonnes (100% basi...
Tech layoffs return as linkedin and qualcomm announce job cuts
CNBC's Deirdre Bosa reports on another wave of layoffs....
Netscout stock drops on disappointing preannouncement
NetScout Systems stock dropped sharply Tuesday on a disappointing preannouncement, leading its industry group lower....
Why amazon.com stock slipped this morning
Two big Wall Street banks trimmed their estimates for Amazon.com stock ahead of earnings. But both banks still say Amazon stock is a buy....
Wyndham rejects choice hotels nearly $8b offer
A potential combination would marry Choice Hotels' brands such as Econo Lodge, Quality Inn and Clarion with Wyndham's Days Inn and Travelodge, offerin...
Ferrari woos buyers with newer models, now accepting crypto
Ferrari (RACE) is hosting a gala in New York City's Hudson Yards complex. While showcasing some of their historic vehicles, the automaker is also atte...
Wells fargo names d.r. horton top pick as mortgage rates surge higher
CNBC's Diana Olick reports on the upgrades on Wall Street regarding homebuilder sentiment....
3 tremendous stock-split stocks for the q4 rebound
Investors love stock splits. Although they're technically a non-event, a stock split is seen as a bullish indicator....
South africa to probe meta, google competition with news publishers
South Africa's Competition Commission will investigate whether digital platforms like Meta and Google were unfairly competing with news publishers by ...
Choice hotels resorts to a hostile bid to take over wyndham hotels
Wyndham Hotels & Resorts Inc (NYSE: WH) jumped more than 10% today after Choice Hotels International Inc (NYSE: CHH) announced a hostile bid to takeov...
Tupperware picks spanx veteran as new ceo
Tupperware Brands named consumer products veteran and former long-time CEO of Spanx Laurie Ann Goldman as its new CEO on Wednesday amid ongoing attemp...
Daily dividend report: whirlpool, bank of ny mellon, albertsons, sherwin-williams, ford
Daily Dividend Report: Whirlpool, Bank Of NY Mellon, Albertsons, Sherwin-Williams, Ford...
J&j beats profit estimates on pharmaceutical, medtech sales as covid-19 shot revenue slows
Johnson & Johnson (JNJ) reported better-than-anticipated results and raised its guidance as pharmaceutical and medical equipment sales gained, even wi...
Vmware shares fall on worries china could block broadcom deal
The Biden administration is tightening restrictions on the sale of advanced chips to China, sparking fears of retaliation....
Bank of america says zelle transactions climb 27% year over year
Bank of America's earnings showed a continued surge in P2P volumes, as Zelle transactions climbed double digits, measured year over year. As noted in�...
Micron (mu) introduces its 7500 nvme ssd for data centers
Micron (MU) introduces the high-performance and low-latency Micron 7500 NVMe SSD, featuring 232-layer NAND technology....
Moderna (mrna) down despite maintaining covid jab sales view
Though Moderna (MRNA) reiterated its sales guidance for COVID vaccine, it warned investors that it could not predict exact demand yet....
Why columbia banking (colb) might surprise this earnings season
Columbia Banking (COLB) is seeing favorable earnings estimate revision activity and has a positive Zacks Earnings ESP heading into earnings season....
Logitech (logi) launches ai-driven zone wireless 2 headsets
Logitech (LOGI) unveils the Zone Wireless 2, an AI-driven, two-way noise-canceling business headset....
Vista outdoor (vsto) to sell its sporting products business
Vista Outdoor (VSTO) inks a deal to sell its Sporting Products business. Given the challenging macro conditions, the company lowers its fiscal 2024 gu...
Ericsson's (eric) q3 earnings match estimates, revenues fall
Ericsson (ERIC) reports lower revenues year over year for the third quarter of 2023 due to declining trends in the Networks vertical....
Fortinet (ftnt) expands global sase presence with google cloud
Fortinet (FTNT) broadens its global SASE network presence in collaboration with Google Cloud for universal customers....
What's in store for taiwan semiconductors' (tsm) q3 earnings?
Taiwan Semiconductor's (TSM) third-quarter 2023 results are expected to reflect gains from its robust technology portfolio amid headwinds....