Analysts Target Pinterest Stock After Revenue Comments
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20Sep
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20Sep
Walmart opens pet center with veterinary care and grooming
Walmart is piloting a pet services center in a suburb of Atlanta, but plans to open more locations in other parts of the country.WalmartWalmart is opening a dedicated pet services center, signaling it wants to be a place that customers turn to for veterinarian visits and dog grooming appointments...
20Sep
What you can learn from TikTok, Instagram salary videos
Hannah Williams of Salary Transparent Street.Credit: Brandon Showers PhotographyMore from Your Money:Here's a look at more stories on how to manage, grow and protect your money for the years ahead.In street interviews like Williams' — which can go viral on social media — creators typically ask someone they encounter...
20Sep
Stocks making biggest premarket moves: Pinterest, Instacart and more
Pinterest app on a mobile phone.Andrew Harrer | Bloomberg | Getty ImagesCheck out the companies making headlines before the bell.Dollar General — Dollar General shares fell 2% after JPMorgan downgraded the discounter to underweight from a neutral as the company's core shopper grapples with persistent inflationary pressures and dwindling...
20Sep
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20Sep
Goldman Sachs to back further away from consumers
Goldman Sachs is in advanced negotiations to divest its specialty lending unit, GreenSky, to a consortium of investment heavyweights, marking a significant pivot away from its brief foray into consumer lending. Leading this consortium are investment titans Sixth Street, Pacific Investment Management, and KKR. Insiders privy to the discussions told...
20Sep
Edward Jones welcomes back $167M advisor who began his career with the firm
A financial advisor who began his career with Edward Jones in 2015 is returning to the firm to provide comprehensive retirement plan services for small and mid-sized companies in the Seattle area. Jon Murdock previously managed $167 million in client assets and rejoins the firm after spending a year as...
20Sep
US retirement outlook has improved, but there’s a problem
The retirement years of millions of Americans appear to be on a better course, but the reality may be less rosy according to Goldman Sachs Asset Management. The firm’s Retirement Survey & Insights Report 2023 shows an improvement with 65% of the U.S. workers polled believing they are on course...
20Sep
One more Fed hike? Pimco sees an elevated chance
Markets may be underestimating the risks of both a US recession and one more interest-rate hike from the Federal Reserve, making haven assets a preferred play, according to Pacific Investment Management Co. There’s “still a fairly elevated chance of another hike before the year end,” Geraldine Sundstrom, a money manager...
20Sep
New York firm accused of $7B unregistered trading for Russian
A New York firm that managed billions of dollars for sanctioned Russian oligarch Roman Abramovich was sued by the Securities and Exchange Commission for not registering as an investment adviser. The SEC filed suit Tuesday against Concord Management LLC of Tarrytown, New York, and founder Michael Matlin. The agency said...