Take a look at some of the biggest movers in the premarket: Kimberly-Clark (KMB) – The consumer products company’s stock dropped 6.4% in premarket action after it reported weaker-than-expected profit and sales for its latest quarter and gave a full-year forecast that came in below Wall Street consensus. Kimberly-Clark said it faced a number of
admin
Ask anyone from Victoria, Australia, what the wealthiest part of Melbourne is and you will resoundingly hear one name: Toorak. That’s because Toorak’s position as Melbourne’s most elite neighborhood is irrefutable and has been from around the very beginnings of the state of Victoria, which separated from New South Wales in 1851 and 50 years
A home stands for sale in a Brooklyn neighborhood with a limited supply of single family homes on March 31, 2021 in New York City. Spencer Platt | Getty Images Closed sales of existing homes fell 3.7% in March to a seasonally adjusted annualized rate of 6.01 million units, according to the National Association of
With a liquidity mining program set to launch on Monday, Aave could be on the cusp of becoming the dominant decentralized finance (DeFi) ledning protocol. Earlier today, Aave Improvement Proposal (AIP) 16 reached quorum, meaning that starting on Monday, 4/26 liquidity providers and borrowers in Aave’s USDC, DAI, USDT, GUSD, ETH, and WBTC pools will
The Puerto Rico Oversight Board approved a central government fiscal plan that is more optimistic than the one it approved last spring, and the revised sales and use tax revenue figures may benefit some bondholders. The fiscal plan projects a total government surplus of $15.2 billion from fiscal year 2022 to FY 2035. FY 2022
The board of Kansas City Southern will review a proposed $33.7bn offer from Canadian National, the latest twist in the takeover battle for the US rail operator which could yield the largest merger of the year. Kansas City Southern has already entered into a merger agreement with CN rival Canadian Pacific, which offered $28.9bn including
Hey everybody, Dave Bartosiak with Trending Stocks at Zacks.com. Remember, not too long ago, when Tesla was the only name in the EV space? You were either pro dinosaur fuel or pro environment, there was no in between. If you loved the environment, your tree hugging self had an effigy to Elon Musk, and you
We ask the buidlers in the blockchain and cryptocurrency sector for their thoughts on the industry… and we throw in a few random zingers to keep them on their toes! This week, our 6 Questions go to Denelle Dixon, CEO and executive director of the Stellar Development Foundation. Denelle Dixon is the CEO and executive
The municipal bond market took a breather on Friday after digesting nearly $10 billion in new issuance on the week. Supply is expected to drop to $5.5 billion in the upcoming week. After a week marked by a strong and steady secondary market, the triple-A muni benchmarks remained flat for the sixth straight session as
SpaceX CEO Elon Musk gives an update on the next-generation Starship spacecraft at the company’s Texas launch facility on September 28, 2019 in Boca Chica near Brownsville, Texas. Loren Elliott | Getty Images News | Getty Images SpaceX founder and CEO Elon Musk remains focused on his vision for the company: Establishing a permanent human
Traders on the floor of the New York Stock Exchange. Source: NYSE The final week of April is going to be a busy one for markets with a Federal Reserve meeting and a deluge of earnings news. Hot topics in markets will continue to be inflation and taxes. President Joe Biden is expected to detail
If you are thinking about buying shares of Microsoft Corp., or already own them, you need to understand key metrics and issues related to the company. The numbers, below, show how Microsoft MSFT, -1.31% stacks up against competitors, and where its strengths and weaknesses lie. Keep in mind that no two companies are alike —
With one too many homes and one of Hollywood’s busiest schedules, high-profile celebrity power couple John Legend and Chrissy Teigen have cut the price of their Beverly Hills mansion that was listed last summer for $23.95 million. The home is now on the market for $17.95 million. The couple spent considerable time and money creating a
Real estate agents Rosa Arrigo, center, and Elisa Rosen, right, work an open house in West Hempstead, New York on April 18, 2021. Newsday LLC | Newsday | Getty Images In this red-hot real estate market, it’s tough for buyers to land a deal. Supply is low, which is pushing prices higher. The median price
As Bitcoin price crashed below $50,000, mainstream media highlighted that the selling across the market could have been triggered by reports that the Biden administration proposed increasing the capital gains tax to 39.6% from the current 20% for people earning more than $1 million a year. In other news, there was an apparent exit scam carried
Bitcoin and the wider cryptocurrency market took a beating in the late hours of April 22 and intense selling saw (BTC) price dip below $48,000 in a move that came as a relief to quant analysts like PlanB who were worried that the price growth was showing signs of being inorganic. A variety of factors have been identified
An agreement reached Friday between Florida and the Seminole Tribe is expected to provide the state with at least $2.5 billion in new revenue over the next five years. The compact authorizes the Tribe to allow sports betting for the first time and allow casinos to operate on Tribal lands. “This historic compact expands economic
A panel of scientific advisers has recommended that the US resume use of Johnson & Johnson’s Covid-19 vaccine after deciding the benefits of inoculation outweighed the risks posed by rare blood-clotting issues. The Advisory Committee on Immunization Practices voted 10-4 on Friday to recommend lifting a pause it called for 10 days ago, after six
Two Stocks with Impressive Records.
The U.S. Marshals Service has published a contract showing the crypto custodian Bitgo has been chosen to manage law enforcement’s seized bitcoin acquired through criminal forfeiture. The contracted deal is $4.5 million for the storage, maintenance, and disposal of cryptocurrencies according to documents released on Wednesday. USMS Pens a Deal With Bitgo During the last