Check out the companies making headlines in the premarket Friday: Wayfair IPO on the floor of the New York Stock Exchange Lucas Jackson | Reuters Beyond Meat (BYND) — Shares of the Beyond Meat dropped more than 11% after the company reported a surprise quarterly loss. The meatless food company posted a loss of 1
Month: February 2020
Geber86 | Getty Images You can afford this or that, and you think you want it. But should you buy it? We live in a country that really likes to buy things. But even when we can buy what we want without too much financial strain, what we feel afterwards isn’t always positive. We’ve all
Richard Branson, founder of Virgin Group Ltd., speaks during an interview following Virgin Galactic Holdings Inc.’s initial public offering (IPO) on the floor of the New York Stock Exchange (NYSE) in New York, U.S., on Monday, Oct. 28, 2019. Michael Nagle | Bloomberg | Getty Images Traders who rushed to buy Virgin Galactic in its
If you’re nervous about the stock market’s nosedive and are considering moving to cash until you think the worst is past, you might want to think twice. Although it’s impossible to predict what stocks will do next, research shows that missing out on the best-performing days of the market — regardless of when the bad
Life inside a red zone: Gino Verani, 87, sits a table in a piazza in San Fiorano, one of the towns on lockdown due to a coronavirus outbreak. Marzio Toniolo | Reuters Empty streets, eerily quiet malls, dark storefronts and seldom there are a few people willing to take the risk to venture outside. Cities
A view of a Best Buy retail store on August 29, 2019 in San Bruno, California. Justin Sullivan | Getty Images Best Buy‘s fourth-quarter results exceeded analysts’ expectations, driven by strong sales gains over the holidays. Shares are up less than 1% in premarket trading. Shares have gained about 36% over the past 12 months,
The spread of the coronavirus outbreak has roiled markets in Asia and elsewhere, and hit supply chains globally. Both multinational and local companies have been affected by the extended shutdown in China, with factories unable to return to full production. Last week, Apple warned that it does not expect to meet its quarterly revenue forecast
Jack Dorsey, chief executive officer of Square Inc., second right, tours the floor of the New York Stock Exchange (NYSE) in New York, U.S., on Thursday, Nov. 19, 2015. Yana Paskova | Bloomberg | Getty Images Square has been an outlier in this week’s payment stock wreckage. Shares of Mastercard, Visa, American Express and Paypal
Kenneth Montgomery is the head team physician with the New York Jets, as well as the president and co-founder of OrthoNations, a nonprofit aimed at training surgeons in developing nations around the world. Each year, Montgomery and his group travel to countries like Vietnam, where they’re headed next, to teach medical professionals a range of
People are wearing masks at Myeongdong on February 20, 2020 in Seoul, South Korea. Jong-Hyun Kim |Anadolu Agency | Getty Images This is a live blog. Please check back for updates. All times below are in Eastern time. Total confirmed cases: More than 81,400 Total deaths: At least 2,770 8:13 am: Former FDA chief calls
A sign is posted outside of the PayPal headquarters in San Jose, California. Justin Sullivan | Getty Images PayPal on Thursday said the coronavirus outbreak could have a negative impact on its revenue expectations, and warned that revenue for the first quarter of this year would be toward the lower end of the guidance it
Shoppers walk through the Easton Town Center Mall in Columbus, Ohio. Luke Sharrett | Bloomberg | Getty Images Check out the companies making headlines after the bell. Beyond Meat — The meat substitute maker’s stock plunged 8% in extended trading after the company reported a fiscal fourth-quarter net loss of $0.5 million, or 1 cent
When yields are depressed, seeking attractive dividend profiles across sectors becomes more important. Slower global growth and uncertainty surrounding international trade contributed to a shift in monetary policy in 2019, as the Fed reversed its tightening regime and investors bought up relatively safer Treasury bonds, pushing down yields. The length of the current bull market,
Woman figuring out her finances. stefanamer If there’s any silver lining to the interest accumulating on your student debt, it’s that it can knock down your tax bill. The IRS allows certain borrowers to deduct up to $2,500 in student loan interest each year from their taxable income, and it can come from payments to
Foreign travelers wearing masks walk past a departures information board at Beijing International Airport in Beijing, China as the country is hit by an outbreak of the new coronavirus, February 1, 2020. Jason Lee | Reuters The rapid spread of the new coronavirus is testing airlines and other travel companies with a risk that had
Apple staff and customers, wearing facemasks to protect against the COVID-19 coronavirus, are seen on the shop premises in Beijing on February 22, 2020. Nicolas Asfouri | AFP | Getty Images Earnings growth for U.S. companies will be stagnant in 2020 as a result of the coronavirus, according to Goldman Sachs. The Wall Street firm
The “Fast Money” traders shared their first moves for the market open. Tim Seymour was a buyer of Home Depot. Gina Sanchez was a buyer of Disney. Karen Finerman was a seller of the High Yield Corporate Bond ETF. Guy Adami was a buyer of Twitter. Disclaimer Trader disclosure: Tim Seymour is long AMZA, AMZN, AAPL,
During tax season, people have a lot on their minds, like tax forms, numbers and that looming April 15 deadline. One thing many aren’t thinking about is the opportunity that refunds present to ramp up their emergency savings. About 72% of Americans received a refund on their taxes in 2019. This extra jolt of cash
Oil prices continued their steep decline on Thursday, with U.S. West Texas Intermediate crude falling to a 13-month low below $47 per barrel, as fears of the coronavirus outbreak, and what it could mean for crude demand, continues to batter prices. “Current forecasts of crude oil demand have fallen off a cliff. As China is
A woman with a facial mask passes the New York Stock Exchange (NYSE) on February 3, 2020 at Wall Street in New York City. Johannes Eisele | AFP | Getty Images It’s no secret that coronavirus fears have infected the market and prompted concerns about a potential global economic downturn. Yet even amid scary headlines
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