Vintage Coca-Cola bottles are seen in a shop window in Manhattan, New York City, on July 15, 2024.Beata Zawrzel | Nurphoto | Getty ImagesCoca-Cola is about to report third-quarter earnings before the bell on Wednesday.Here is what Wall Street analysts surveyed by LSEG are expecting:Earnings per share: 74 centsRevenue:...
Extreme tariffs proposed by U.S. presidential candidate Donald Trump would interrupt the path of disinflation and could lead to higher interest rates, according to the head of the Institute of International Finance."The assumption is you'll have higher inflation, higher interest rates than you would have in the absence of...
Fg Trade | E+ | Getty ImagesHealth savings accounts have become popular workplace perks with significant tax-advantaged investment opportunities — but many Americans have no idea how they work. About 26 million people had an HSA at the end of 2023, according to Devenir, a research and investment firm based...
A sign for Deutsche Bank AG at a bank branch in the financial district of Frankfurt, Germany, on Thursday, Feb. 2, 2023. Bloomberg | Bloomberg | Getty ImagesDeutsche Bank on Wednesday beat expectations in its return to profit in the three months to September, after snapping its 15-quarter profit streak...
Cryptocurrencies have rapidly gained prominence over the last decade, presenting both opportunities and challenges for individuals, businesses, and regulators alike. As digital assets become more widespread, taxation laws are being shaped and adapted to accommodate them. However, the taxation of cryptocurrencies is a complex matter, with varying approaches and...
Chinese flags for sale on Nanjing East Road in Shanghai, China, on Wednesday, Oct. 2, 2024.Qilai Shen | Bloomberg | Getty ImagesThe International Monetary Fund (IMF) warned of a possible worsening of the state of China's property market as it trimmed its growth expectations for the world's second-largest economy.In...
Check out the companies making headlines in extended trading: Texas Instruments — The semiconductor company added 2%. Third-quarter results topped analysts' estimates, as Texas Instruments reported earnings of $1.47 per share on revenue of $4.15 billion. Analysts sought earnings of $1.38 per share and revenue of $4.12 billion, per...
Danaher shares declined Tuesday despite the life sciences company returning its key bioprocessing business to growth in the third quarter. Danaher's revenue for the three months ended Sept. 27 advanced 3% year over year on a reported basis, to $5.8 billion, outpacing the LSEG consensus estimate of $5.59 billion....
Extreme tariffs proposed by U.S....
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.
general view of visitors are seen at Samsung booth during the chinajoy 2023 at Shanghai new expo center in Shanghai, China on July 28, 2023 (Photo by Ying Tang/NurPhoto via Getty Images)Nurphoto | Nurphoto | Getty ImagesSouth Korea's Samsung Electronics reported Tuesday quarterly operating profit that was better...
Check out the companies making headlines in extended trading. Arista Networks — The cloud networking solutions company added 6% Monday after the bell. Arista Networks reported $1.83 in earnings per share, excluding items, on $1.51 billion in revenue. Analysts polled by FactSet had estimated $1.58 in earnings per share...
American skateboarding footwear company brand Vans store seen in Hong Kong.Budrul | LightRocket | Getty ImagesVF Corp withdrew its full-year revenue and profit forecasts on Monday, with demand for its higher-priced apparel and footwear easing as customers turn more cost conscious, especially in the United States.Shares were down 4%...
A stockholder in Avantax Inc., which is being acquired by the giant broker-dealer network Cetera Holdings Inc., last week sued Avantax, claiming that its board of directors had approved the filing of a proxy statement that had incorrect information about the merger and potentially could harm investors. One of...
A banner for the online image board Pinterest Inc. hangs from the New York Stock Exchange on the morning Pinterest made its initial public offering, April 18, 2019.Spencer Platt | Getty ImagesPinterest reported third-quarter earnings on Monday that beat on the top and bottom lines. The stock jumped more...
The latest economic data show Americans are continuing to open their wallets despite the rise in interest rates and stubbornly high prices. Apparently, financial advisors keeping a sharp eye on their clients’ accounts aren’t seeing much of a spending slowdown either. Consumer spending climbed 0.7% in September, up from an unrevised...
Mailsonpignata / 500Px | 500Px | Getty ImagesShares of ON Semiconductor closed down more than 21% Monday after the company's third-quarter report beat expectations but offered weak guidance for the rest of the year.ON Semiconductor said it expects to report fourth-quarter earnings between $1.13 and $1.27 per share, excluding...
