Box Stock Downgraded on Lackluster Guidance
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30Aug
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30Aug
Shares of HP fall 8% following revenue miss
Enrique Lores, CEO, HPScott Mlyn | CNBCShares of HP fell more than 8% Wednesday morning after the printer and PC-maker released fiscal third quarter earnings that underwhelmed Wall Street.HP reported $13.2 billion in revenue, down from the $13.37 billion expected by analysts, according to Refinitiv. Earnings per share came...
30Aug
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30Aug
Jack Daniel’s maker Brown-Forman (BF.B) earnings Q1 2024
Jack Daniels Tennessee WhiskeyGetty ImagesJack Daniel's maker Brown-Forman on Wednesday fell short of Wall Street expectations for its first quarter of fiscal 2024, plagued by lagging whiskey sales, supply challenges and a significant inventory rebuild.Net sales for whiskey products decreased by 1%, led by the brands Woodford Reserve and Gentleman...
30Aug
ETFs, mutual funds or both?
Take your pick, advisors: ETFs, mutual funds or both? Exchange-traded funds are considered tax-advantaged relative to actively managed mutual funds because they tend to realize fewer capital gains. Moreover, ETFs generally have lower fees compared to their mutual fund counterparts and are priced continuously throughout the day, enabling greater investor...
30Aug
CNN names former New York Times CEO Mark Thompson as its chief
Mark Thompson is stepping in as the next CEO and chairman of CNN.Parent company Warner Bros. Discovery said Wednesday it appointed Thompson as the next leader of the cable news network, a few short months after the ouster of Chris Licht.Thompson previously served as CEO and president of The...
30Aug
U.S. job growth slowed sharply to 177,000 in August, below expectations, ADP says
A 'help wanted' sign is displayed in a window of a store in Manhattan on December 02, 2022 in New York City. Spencer Platt | Getty ImagesJob creation in the United States slowed more than expected in August, according to ADP, a sign that the surprisingly resilient U.S. economy might...
30Aug
ESG rules shouldn’t make it harder for advisors to do business
Over the last year or so, lawmakers and state regulators across the country have introduced a series of ESG-related proposals that could have profound ramifications for the industry. Not surprisingly, politics has been a driving force, with policymakers in blue states introducing measures promoting ESG investing and those in...
30Aug
Stocks making the biggest moves premarket: BOX, PODD, HP
Joseph M. Hogan is CEO of Align TechnologyJin Lee | Bloomberg | Getty ImagesCheck out the companies making headlines before the bell.Align Technology — Shares rose 2.5% in early morning trading after HSBC initiated coverage with a buy rating. The firm cited the Invisalign maker's strong brand presence and...
30Aug
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