Check out the companies making headlines in extended trading: Keysight Technologies — Shares added more than 8%. The electronics test and measurement equipment company's fiscal fourth-quarter results beat analysts' estimates on the top and bottom lines. Keysight also issued a rosy outlook for the current quarter, anticipating adjusted earnings...
Wall Street analysts are showing two cybersecurity stocks some love ahead of their quarterly results. The news Evercore ISI this week raised its price target on Palo Alto Networks to $455 from $395, implying a nearly 18% upside from Monday's close. The analysts said that recent channel commentary not...
Check out the companies making headlines in midday trading: Walmart — The big-box retailer saw shares jump nearly 5% to hit a record after the retail giant topped fiscal third-quarter earnings and revenue expectations. The retailer also hiked its outlook again as it saw growth in e-commerce and improvements...
A trader wears a Trump hat as he works on the floor of the New York Stock Exchange during the opening bell on Nov. 6, 2024.Timothy A. Clary | Afp | Getty ImagesOn Nov. 5, the presidential election handed a decisive victory for President-elect Donald Trump. In the days...
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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 Financial Industry Regulatory Authority Inc. has penalized plenty of broker-dealers over sales of private placements manufactured by GPB Private Holdings, typically for selling the high-risk securities in 2018, when GPB had failed to file required audited financial statements for two of its biggest limited partnerships with the Securities...
Reports of the demise of excess U.S. household savings were greatly exaggerated. Revised government data indicate that Americans have hundreds of billions of dollars more in extra cash stashed away than previously believed. “It definitely raises the prospects of a soft landing pretty significantly,” Citigroup Inc. senior global economist Robert...
A pedestrian walks past a display of Skechers shoes.David Paul Morris | Bloomberg | Getty ImagesCheck out the companies making headlines in midday trading.Skechers — The shoe company gained 2.6% after UBS reiterated its buy rating on shares. UBS said Skechers' brand and products "continue to resonate with global...
Mbbirdy | E+ | Getty ImagesThe population of the super wealthy, or those worth $100 million or more, doubled over the past 20 years as asset prices soared around the world, according to a new report. There are now 28,420 so-called centi-millionaires worldwide, up 12% over last year and...
A team that oversaw $900 million in client assets at RBC Wealth Management has affiliated with LPL Financial’s LPL Strategic Wealth Services, the firm said. The four advisors are launching Sides Wealth Advisory Group in York, Pennsylvania. The practice was founded in 1987 by Scott Sides and the team plans to...
