Check out the companies making headlines in extended trading. Dexcom — Shares slid nearly 7%, despite the manufacturer of diabetes management devices posting a third-quarter adjusted earnings and revenue beat. Dexcom also reaffirmed full-year revenue guidance that encompassed FactSet's estimate. L3Harris Technologies — The defense stock climbed 4% after...
Kevin Sayer, CEO, DexcomScott Mlyn | CNBCShares of Dexcom fell 9% in extended trading on Thursday after the company released third-quarter results that beat analysts' expectations but showed a decline in U.S. revenue year over year.Here's how the company did:Earnings per share: 45 cents adjusted vs. 43 cents expected by...
Tesla CEO and X owner Elon Musk speaks during an unveiling event for Tesla products in Los Angeles, California, U.S. October 10, 2024Source: Tesla | YoutubeTesla CEO Elon Musk, already the world's richest person, added another $26 billion in paper wealth on Thursday after his company's stock had its...
Panama is one of the most affordable places to retire abroad.Helovi | E+ | Getty ImagesToday's investors face one looming question: Will I have enough money when I retire?Surveys show prospective retirees may have big lump sums in mind.To get a more accurate, personal gauge, it helps to start...
Dow stock Honeywell was one of the biggest drags on the 30-stock average Thursday after Club industrial giant reported mixed third-quarter results compounded by a mixed outlook. Revenue for the three months ended Sept. 30 rose 5.6% year-over-year to $9.73 billion but short of the LSEG compiled consensus estimate...
Andreswd | E+ | Getty ImagesThe great wealth transfer is underway — and families need to prepare, according to certified financial planner Stacy Francis, president and CEO of Francis Financial in New York City.An estimated $84 trillion of wealth will change hands by 2045, with the majority going to...
Traders work on the floor at the New York Stock Exchange (NYSE) in New York City, U.S., October 24, 2024. Brendan McDermid | ReutersWith the U.S. presidential election less than two weeks away, and voters decidedly split, some investors are understandably spooked."This is likely to cause a little bit of...
Check out the companies making headlines in midday trading: Lilium — U.S.-listed shares fell more than 57% after the German air taxi startup said in a regulatory filing that its two main subsidiaries would file for insolvency , which is when debts cannot be repaid, in the next few...
Dover on Thursday reported weaker-than-expected third-quarter results, pressuring shares of the industrial conglomerate with ties to AI data centers. We're not concerned: The company's recent asset sales is likely causing some confusion about the numbers. Revenue rose 1.3% year over year to $1.98 billion, a tad shy of the...
Check out the companies making...
Tesla CEO and X owner...
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.
Park Avenue Capital announced a new president and chief operating officer Monday morning. Effective Jan. 1, Daniel McCoy will focus on operations, employment development, strategy, and execution at the firm, which is part of Northwestern Mutual’s exclusive Private Client Group, an elite team of advisors and firms focusing on the...
Institutional investors managing at least $100 million are facing some significant challenges in the current market and economic environments, but what are their main focuses? A survey of investment decision makers for endowments and foundations reveals weakened sentiment on portfolio performance with just 19% saying they are “very confident” in...
When it comes to managing family wealth, conversations between generations is generally considered a positive step, but not always. Discussing potential inheritance and planning how and when that should happen can help prepare heirs and avoid misunderstandings, with advisors seeing better outcomes for those that do, but a new study...
Any year-end rally in stocks could prove short-lived because equities don’t fully reflect the outlook for rates remaining higher for longer, according to Jean Boivin, who heads the research arm at BlackRock Inc. Treasury yields have climbed to multi-year highs as investors prepare for an extended period of tightened Federal...
Hedge funds extended short positions on Treasuries to a record just before smaller-than-expected US bond sales and weaker jobs data spurred a rally. Leveraged funds ramped up net short Treasury futures positions to the most in data going back to 2006, according to an aggregate of the latest Commodity Futures Trading...
Bankers servicing one of the world’s biggest ESG debt markets are now actively seeking legal protections to guard against the potential greenwashing allegations that may be ahead. In the handful of years they’ve existed, sustainability-linked loans have mushroomed into a $1.5 trillion market. SLLs let borrowers and lenders say that a loan...
Welcome back to The Interchange, where we take a look at the hottest fintech news of the previous week. If you want to receive The Interchange directly in your inbox every Sunday, head here to sign up! Last week, we chronicled some big rounds in the fintech space, Intuit’s decision to...
