In this article F TDOC AAPL AMZN PJC Ford Motor Co. CEO Jim Farley walks to speak at a news conference at the Rouge Complex in Dearborn, Michigan, September 17, 2020. Rebecca Cook | Reuters Check out the companies making headlines in midday trading. Ford Motor — Shares of the automaker soared more than 9%
Some place names immediately evoke vivid imagery. Wild Horse Island is one such spot. The largest island on northwest Montana’s Flathead Lake, the refuge was used by indigenous people for centuries to house, protect and pasture horses. In the early 1900s, homesteaders cut down many of the trees and introduced non-native plants. The island has
A pending sale sign in front of a home in Miami. Getty Images Pending home sales, which are a measure of signed contracts to buy existing homes, fell an unexpected 2.3% in September compared with August, according to the National Association of Realtors. Analysts were predicting a slight monthly gain. Sales were 8% lower compared
The Puerto Rico Oversight Board said it will move forward with the confirmation process for the Plan of Adjustment without further mediation after confirming a just-passed Puerto Rico law will allow for the issuance of new bonds, a key to getting the island out of bankruptcy. The move paves the way for Puerto Rico to
Reports are emerging that the U.S. Securities and Exchange Commission has rejected one, or possibly two, recent Bitcoin exchange-traded fund applications signaling that the regulator is not quite ready for more exotic futures products just yet. Just a day or so after Valkyrie filed for a leveraged Bitcoin futures ETF and Direxion applied for an
Municipals were stronger on the backs of a U.S. Treasury rally but underperformed the movements there, pushing ratios on the 10-year near 80% and the 30-year close to 90%. Triple-A benchmark scales were bumped two to three basis points on bonds outside nine-years while the 10-year UST fell seven basis points and the 30-year fell
Royal Dutch Shell is under pressure to break itself up after the activist hedge fund Third Point built a large stake and accused the oil supermajor of being bogged down by an incoherent strategy. Third Point, which is led by Daniel Loeb, urged Shell to split itself into “multiple standalone companies”, including a “legacy” arm
In this article AMZN VZ INDIA – 2019/08/30: In this photo illustration a popular wireless communication application Verizon logo seen displayed on a smartphone. (Photo Illustration by Avishek Das | SOPA Images | LightRocket | Getty Images Verizon is partnering with Amazon to use the tech giant’s coming satellite internet system to expand rural broadband
Traders work on the floor of the New York Stock Exchange (NYSE), October 12, 2021. Brendan McDermid | Reuters After all but vanishing last year, stock buybacks are surging in 2021 and will likely hit a record in the third quarter. The surge in buybacks comes at a delicate moment for corporate America. Senators Sherrod
In this article HOOD TWTR ENPH Jack Dorsey creator, co-founder, and Chairman of Twitter and co-founder & CEO of Square speaks on stage at the Bitcoin 2021 Convention, a crypto-currency conference held at the Mana Convention Center in Wynwood on June 04, 2021 in Miami, Florida. Joe Raedle | Getty Images Check out the companies
The price of Ether (ETH) nearly hit a new all-time high on Oct. 21 before falling below $4,000 after the $435-million options expiry on Oct. 22 soured the mood. The Ethereum network is set to take another step toward Ethereum 2.0 on Oct. 27 at epoch 74240 with the Altair upgrade to Beacon Chain. Eth2
A grand estate can serve as homage to the architect, the interior decorator or even the landscape designer – long after they are gone. This Tuscan-style villa in the heart of L.A.’s lower Bel-Air neighborhood is in many ways a tribute to all three. Built in the late 1920s, the residence is credited to early
Reza Estakhrian | The Image Bank | Getty Images Opportunity zone fund investments are back. Granted, they never went away, but after generating a great deal of attention a few years ago, much of the excitement surrounding them died down. However, investors are starting to pay attention again, with lawmakers in Washington, D.C., mulling proposals
As California Gov. Gavin Newsom preps for his annual budget reveal in January, he anticipates another “historic surplus,” he said during an interview at the Milken Institute’s global conference last week. The state’s revenues were $9.1 billion more than expectations outlined in the fiscal 2022 budget signed in July, according to the state Department of
Tether, the operator of one of the leading stablecoins in the crypto market has announced it will commence trials of a system that will allow the company to comply with the Financial Action Task Force (FATF) travel rule. The system, that is provided by Notabene, a company that offers ID and travel rule compliance solutions,
Solana (SOL) price is meeting resistance near its all-time high again, but solid fundamentals and the impressive growth of its decentralized finance (DeFi) and non-fungible token (NFT) ecosystem are likely to drive the altcoin above $250 before year-end. Institutional investor interest is likely a key factor behind Solana’s impressive 490% gain since August. For example,
Municipals saw yields rise in spots along the curve, mostly inside of 10 years, as secondary trading picked up, and more bonds were out for the bid. U.S. Treasuries moved to lower yields and equities ended in the black. Triple-A benchmark yield curves saw one to two basis point cuts. After mostly ignoring the better
Alphabet, Google’s parent company, and Microsoft both posted strong revenue growth in the third quarter, while Twitter swung to a loss, as the three tech companies released results late on Tuesday. Alphabet Alphabet smashed Wall Street’s profit expectations in the third quarter, thanks to stronger-than-expected ad sales, though the Google parent fell short of expectations
Eric Glyman and Karim Atiyeh, cofounders of corporate card startup Ramp Corporate charge card start-up Ramp is going after publicly-traded competitor Bill.com with a free invoice management and payments platform, CNBC has learned. The start-up has grown rapidly this year by offering small and medium-sized businesses a cash back card paired with software that identifies
In this article FB NVDA LMT Hasbro board games. Justin Sullivan | Getty Images Check out the companies making headlines in midday trading. Lockheed Martin — Shares of the defense contractor tumbled 12.5% after it reported a quarterly revenue miss and lowered its expectations for next year. Lockheed anticipates a “slight reduction in revenue in