Bank of England in the City of London on 6th November 2024 in London, United Kingdom. The City of London is a city, ceremonial county and local government district that contains the primary central business district CBD of London. The City of London is widely referred to simply as...
Check out the companies making headlines in after-hours trading: Domino's Pizza , Ulta Beauty — Shares surged about 8% after Berkshire Hathaway announced a new stake in the pizza chain in a regulatory filing. The Warren Buffett-led firm bought more than 1.2 million shares, making the stake worth around...
Disney is back. After several quarters of cutting costs and revamping its streaming business, CEO Robert Iger's turnaround plans is paying off: On Thursday, the entertainment giant reported strong quarterly earnings and a robust outlook for the coming year. Revenue in the fiscal fourth quarter totaled $22.57 billion, topping...
Check out the companies making headlines in midday trading: Disney — The media stock popped 7% on stronger-than-expected earnings and guidance, aided by growth in its streaming business. The company said it expects high-single-digit adjusted earnings growth in fiscal 2025. Capri , Tapestry — Both luxury apparel stocks rose...
Scene from the FX series Shogun.Source: Disney | FXDisney has done the math on separating its TV networks business, and it appears too messy to be done — at least for now.The company's chief financial officer, Hugh Johnston, said Thursday on CNBC's "Squawk Box" that the "cost is probably...
Check out the companies making...
Gregg Greenberg spent 14 years as a journalist at TheStreet.com where he wrote the highly popular column "The 5 Dumbest Things on Wall Street This Week". His work has appeared in magazines ranging from Glamour to ESPN the Magazine, and on humor sites such as Points in Case.
The DocuSign website on a laptop in Dobbs Ferry, New York, April 1, 2021.Tiffany Hagler-Geard | Bloomberg | Getty ImagesCheck out the companies making headlines in premarket trading.Kroger — The retailer fell 2.8% following a mixed second-quarter report. Kroger reported earnings per share ex-tems of 96 cents, beating the...
Anti-theft locked beauty products with customer service button at Walgreens pharmacy, Queens, New York.Lindsey Nicholson | Universal Images Group | Getty ImagesA range of retailers are again blaming shrink as one of the reasons they saw another quarter of lackluster profits.But some of those companies have started to offer...
The Financial Industry Regulatory Authority Inc. is confronting a potential existential challenge in a federal appeals court in Washington, D.C. Judges presiding over the case have raised serious constitutional concerns regarding Finra’s authority to enforce securities regulations. To add to the pressure on Finra, William Barr, the former Attorney General under...
The global exchange-traded funds market was worth $7.3 trillion at the end of the second quarter of 2023, a rise of 5.8% from the previous quarter thanks to inflows of $136.6 billion and market appreciation worth $265 billion. Inflows included $89 billion to equity strategies, $45.9 billion to fixed income,...
Another new wealth management firm has been born in Houston, Texas, as financial advisors Ed Winegar and Gregory Berg, CPWA, CPFA, CRPC TM, CKA, launch their own firm with LPL Financial’s employee advisor channel. The duo was previously with Merrill Lynch where they served approximately $205 million in advisory, brokerage...
The US Commodity Futures Trading Commission brought enforcement actions against three decentralized finance firms and signaled that more may be coming. The CFTC alleged on Thursday that the companies Opyn Inc., ZeroEx Inc. and Deridex Inc. broke the agency’s rules by illegally allowing US customers to trade digital-asset derivatives without registering. The...
