A view of the Evergrande Changqing community on Sept. 24, 2021, in Wuhan, Hubei Province, China. Getty Images | Getty Images News | Getty Images A slew of Chinese real estate developers said this week that they are either not able to release their financial results on time or have yet to set board meetings
Loading chart… PPG Industries Inc: “I think PPG is down too much. I think it’s okay, but … This is a company that has been really hurt by raw costs. That’s going to end eventually. I think if you can handle disappointment at this point, I would buy the stock.” Loading chart… AppFolio Inc: “You’ve
BEIJING — No bodies or survivors have yet been found from the China Eastern Airlines crash as of Tuesday morning, Chinese state media said. The domestic flight on a Boeing 737-800, which was carrying 132 people, nosedived Monday afternoon in the southern region of Guangxi, China’s aviation authority confirmed. The cause of the crash remains
Tom Werner | DigitalVision | Getty Images If you haven’t filed your taxes, there are four weeks until the federal deadline, which is April 18 for most Americans. Some 63.5 million payers have sent returns through March 11, according to the latest IRS filing data, with an average refund of $3,352. However, millions of Americans have
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Prototypes of SpaceX’s Starship rocket and Super Heavy booster stand at the company’s Starbase facility in Texas. Michael Sheetz | CNBC Elon Musk on Monday gave an update on the timeline for SpaceX’s first orbital launch of the company’s next-generation Starship rocket. “We’ll have 39 flightworthy engines built by next month, then another month to
In this article NKE Nike on Monday reported earnings and sales for the fiscal third quarter that topped analysts’ estimates, thanks to robust demand in North America as consumers headed back to stores. The better-than-expected results proved Nike’s ability to operate in a volatile environment, CEO John Donahoe said in a press release. “Marketplace demand
In this article DIS PLAN OXY BRK.A BA TSLA A Boeing 777X airplane takes off during its first test flight from the company’s plant in Everett, Washington, January 25, 2020. Terray Sylvester | Reuters Check out the companies making headlines in midday trading. Boeing — Shares fell about 4% after a Boeing 737 passenger jet
Trust is always important, especially in the workplace. But for Warren Buffett and the executives who run Berkshire Hathaway’s 62 subsidiaries, trust is more than just important. It’s essential. That’s likely why Buffett seems confident that his latest acquisition, his largest in nearly seven years, will be successful. On Monday, the billionaire investor’s holding company,
Traders work on the floor of the New York Stock Exchangein New York, U.S., on Tuesday, March 15, 2022. Michael Nagle | Bloomberg | Getty Images Bargains are addictive. During my teenage years in Boston, my friends and I would frequent Filene’s Basement, rummaging through tables piled high with designer clothes, scavenging for amazing items,
In this article SPGI dowell | Moment | Getty Images If you own an investment fund that’s “actively managed,” odds are that your returns lagged in 2021. Those chances are even worse over a multiyear time frame. Mutual and exchange-traded funds are generally “actively” or “passively” managed. In the former, a fund manager selects the
A man walks past a bitcoin symbol in the window of a company that offers blockchain application services on Dec. 21, 2021 in Berlin, Germany. Bitcoin and other virtual currencies rose strongly in value in 2021. Sean Gallup | Getty Images News | Getty Images Financial advisors have been reluctant to integrate cryptocurrency into client
China tech stocks had a dramatic turnaround after weeks of panic selling (KWEB, CQQQ, BABA, BIDU). Visit our website: https://www.zacks.com Visit our Stocktwits account: https://stocktwits.com/ZacksResearch Check out our weekly promotion: https://www.zacks.com/promo If you’re interested in our services, please check out Zacks Ultimate: https://www.zacks.com/ultimate/?adid=YOUTUBE&cid=sm-YOUTUBE
UN Secretary General António Guterres photographed at the COP26 climate summit in Glasgow, Scotland on Nov. 11, 2021. Jeff J Mitchell | Getty Images News | Getty Images The U.N. Secretary General issued a stark warning Monday, saying the planet had emerged from last year’s COP26 summit in Glasgow with “a certain naïve optimism” and
An employee looks on at Saudi Aramco oil facility in Abqaiq, Saudi Arabia October 12, 2019. Maxim Shemetov | Reuters Saudi Arabian oil giant Aramco reported blowout full-year earnings on Sunday, posting a more than doubling in year-on-year net profit to $110 billion. Aramco’s 2021 net income increased by 124% to $110 billion in 2021,
In this article GS CME A Goldman Sachs Group Inc. logo hangs on the floor of the New York Stock Exchange in New York, U.S., on Wednesday, May 19, 2010. Daniel Acker | Bloomberg | Getty Images Goldman Sachs is pushing further into the nascent market for derivatives tied to digital assets. The firm is
Poba | E+ | Getty Images Getting financial advice online is easier than ever before. Even so, many investors are likely to discover that there is no substitute for a human financial advisor. The problem, however, is selecting the right one. One thing an investor should consider is the advisor’s investing acumen. Low-cost funds that
Everyone loves accounting, right? You have debits and credits that change the balance of assets, liabilities, and equity on the balance sheet and report cash flows and accruals on the income statement. The rules are complex. To make matters worse, the accounting rules for tax are different than for financial accounting used to generate reports
Paul Bradbury | OJO Images | Getty Images First-time home buyers have a steep learning curve, from understanding true affordability and how to qualify for a mortgage to managing their cash flow after their purchase. “When buying your first home, you need to consider that what a lender will let you borrow is not necessarily
In this article WEN MCD QSR-CA The Breakfast Baconator and Seasoned Potatoes are part of the breakfast menu at Wendy’s restaurants on March 2, 2020 in New York City. David Dee Delgado | Getty Images Two years ago, Wendy’s launched its breakfast menu nationwide, finally crossing the finish line for a goal it tried and