News

We view Pfizer’s dividends and share repurchase levels as reasonable. Pfizer has generally targeted close to a 50% payout in dividends as a percentage of normalized earnings, which seems about right ...
Cipher Mining shares were 7% higher, at $5.30, after the company said it has surpassed hashrate growth forecasts at its Black Pearl site. The bitcoin miner said that phase I of Black Pearl is now ...
The following are median forecasts for this week's remaining U.S. data from a survey compiled by The Wall Street Journal. Forecasts were last updated Monday afternoon.
Investors were increasingly anticipating a bad number, given several recent reports of sales weakness in Europe and China. To add to the anxiety, Tesla Chief Executive Elon Musk renewed his feud with ...
Shares of Tesla advanced after the company's global vehicle sales in the second quarter didn't decline as heavily as Wall Street had feared. The stock was up 3% at $310 after the opening bell. Shares ...
The S&P Global Canada manufacturing purchasing managers index pulled back to 45.6 in June, marking another steep decline in operating conditions and a fifth straight month below the 50 threshold ...
Despite this impressive performance, the pair sense a lack of investor wow-factor out there, likely due to some remaining pessimists. In our call of the day, Tschosik and Stockton say those bearish ...
Recycling has barely plugged this gap. Mines' supply, responsible for over 80% of annual silver production, peaked in 2015 at 891 million ounces but has steadily declined, dropping to 820 million ...
Analyst Omar Sheikh at Rothschild & Co. Redburn lowered Adobe's (ADBE) rating to sell from neutral and his price target to $280 from $420. Adobe stock closed Tuesday at $391.10, and the software maker ...
America's housing crisis has hit the 1%, as even the superrich can't find places to rent in some big cities. Alexander Lurie wanted to find a place to rent in San Francisco for his billionaire client.
-- Microsoft's gaming division has initiated widespread layoffs, having begun informing employees of job cuts on Wednesday morning, Bloomberg reported, citing people familiar with the plans.
Centene leads the Medicaid (low-income) managed care business, which accounts for about 60% of its medical membership. The Affordable Care Act expanded the Medicaid population starting in 2014, and ...