A Discover Financial Services credit card.Scott Eelis | Bloomberg | Getty ImagesCheck out the companies making headlines after the bell.Discover Financial Services — The financial services stock fell more than 5% after announcing the resignation of its CEO. The board announced that Roger Hochschild would step down from the position,...
After more than a year of recession predictions, some experts have backed off past forecasts and now embrace what's known as a "soft landing" for the economy. Even so, one financial advisor is stressing the importance of preparing for future stock market volatility.A soft landing could include an economic...
Attorneys who represent investors in actions against brokerages and registered representatives are hopeful that expungement reforms Finra enacted late last week will make it harder for reps to clear their records of disputes. The Financial Industry Regulatory Authority Inc. on Friday adopted amendments to its expungement procedures, which allow reps...
As the spend management space continues to get more competitive, the various players seem to be constantly iterating to add new features to their products. Today, fintech startup Brex announced it is moving in an unexpected direction with its travel offering while Mesh Payments said it’s expanding into travel in...
A Six Flags Great Adventure "Clean Team" crew member disinfects the Wonder Woman: Lasso of Truth ride every 30 minutes.Kenneth Kiesnoski/CNBCCheck out the companies making headlines in premarket trading.UBS — Stock in the Swiss bank ticked up 4.6% before the opening bell following news that UBS ended a $10...
Traders work on the floor of the New York Stock Exchange, Aug. 22, 2022.Brendan McDermid | ReutersCheck out the companies making headlines in midday trading.AMC — Shares of the movie theater stock sank almost 35% after a judge late Friday approved AMC Entertainment's plan to convert its preferred shares...
Bankers, money managers and other financial market participants are starting to loathe the label “ESG” — but they’re also sticking with the strategy, according to a Bloomberg survey. About two-thirds of respondents in a survey of roughly 300 Bloomberg terminal users said the anti-ESG movement that started in the U.S. last...
Workers replace a roller that compresses steel at the A&T Stainless steel plant in Midland, Pennsylvania, March 2, 2020.Michael Rayne Swensen | Bloomberg via Getty ImagesCheck out the companies making headlines in premarket trading.U.S. Steel — Shares of the steel producer surged more than 26% premarket after it rejected a...
A factory at the mobile phone plant of Rising Stars Mobile India, a unit of Foxconn in Tamil Nadu, India, on July 12, 2019.Bloomberg | Bloomberg | Getty ImagesApple supplier Foxconn beat estimates for second-quarter earnings on Monday thanks to a booming artificial intelligence sector but retained a cautious...
It’s been called the cradle of liberty, throws great parties (tea) and is the state with the nation’s third highest median income (if you include D.C.). And now? Now it’s decided to turn the screws on some of its biggest earners. Late last week Massachusetts Gov. Maura Healey ratified the fiscal...