Check out the companies making headlines before the bell. Elevance Health – Shares plummeted more than 10% after the health insurer reported weaker-than-expected third-quarter earnings. In a statement , CEO Gail Boudreaux said the company remains "confident" amid "unprecedented challenges in the Medicaid business." Health care stocks Molina Healthcare...
An image of a semiconductor wafer at the Taiwan Semiconductor Manufacturing Museum of Innovation in Hsinchu, Taiwan, on Jan. 11, 2022.I-Hwa Cheng | Bloomberg | Getty ImagesTaiwan Semiconductor Manufacturing Company on Thursday reported a 54% hike in net profit, as global chipmakers continue to benefit from demand boosted by...
Check out the companies making headlines in extended trading: Discover Financial — Shares inched lower by 1%. The financial services company posted third-quarter results that surpassed expectations, with earnings of $3.69 per share on $4.45 billion of revenue. Analysts polled by LSEG were calling for earnings of $3.42 per...
Jim Cramer broke down each holding Wednesday during the October Monthly Meeting.
Check out the companies making headlines in midday trading: Novavax — Shares plunged more than 17% after the biotech company said the U.S. Food and Drug Administration put a clinical hold on its application for a Covid and influenza combination shot as well as a stand-alone flu vaccine. United...
Medical device maker Abbott Laboratories on Wednesday delivered better-than-expected quarterly results and upped its earnings guidance for the third straight quarter. Shares rose more than 1%, shaking off an initially subdued reaction. Revenue in the three months ended Sept. 30 rose 4.9% to $10.64 billion, topping estimates of $10.55...
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.
We all know that making better informed, data-driven decisions is critical for investment finance success. This is proven by the ever-growing demand for more sophisticated, easy-to-use tools to handle, visualize, and analyze vast amounts of data. In response to this, Scientific Financial Systems (SFS) announces the integration of Sigma...
Spousal consent would be required to start most distributions from 401(k) plans, under two companion bills sponsored by Democrats in Congress. The legislation aims to make defined-contribution plans more similar to traditional pensions in that regard. Unlike defined-benefit plans, DC plans aren’t legally required to make account holders get sign-off...
Berkshire Hathaway shares just hit a record high on the back of strong second-quarter results, but Wall Street analysts believe it's still not too late to buy Warren Buffett's conglomerate. Investors cheered a strong quarterly repor t that showed a rebound in insurance operations as well as a massive cash...
Cognitive decline is an unfortunate consequence of aging — one that affects as many as two-thirds of people. But new research suggests it hits several groups hardest: those who are white, male and have college degrees. Financial professionals say that the results underscore the importance of planning ahead for Alzheimer’s...
Saving for retirement isn’t going to be a priority for many workers when federal student loan payments resume this fall after a 3½-year hiatus. But an increasing number of employers are extending new perks to workers that recent legislation made possible, including loan repayment assistance and contributions to 401(k)s for...
Just when you think Medicare couldn’t get more complicated, it does. But in this case, the complication is a nice surprise. Did you know that when a Medicare beneficiary dies, their estate or family may be entitled to a refund? First, a little background about Medicare premium payments. When someone enrolls...
The increasing use of artificial intelligence, predictive analytics and other algorithm-based tools in the financial industry has led to some new steps in the ongoing dance of regulators and regulated. As Mark Schoeff Jr. reported in late July, the Securities and Exchange Commission has approved releasing a 243-page proposal...
