In this article NVDA RIDE BBBY GM A shopper walks past a Bed Bath & Beyond Inc. store Andrew Harrer | Bloomberg | Getty Images Check out the companies making headlines in midday trading. Bed Bath & Beyond – Shares of the big-box retailer plunged 23% after the company slashed its revenue and earnings outlook amid supply chain
Month: September 2021
Anjali Sundaram | CNBC Sports merchandise company Fanatics sent a shockwave through Wall Street this week after it revealed its trading card business is valued at more than $10 billion in the course of raising new capital. Fanatics raised a $350 million round one month after capturing licensing rights for top sports leagues, including Major
In this article BBBY People walk out of a Bed Bath & Beyond store amid the coronavirus disease (COVID-19) pandemic in New York, January 27, 2021. Carlo Allegri | Reuters Bed Bath & Beyond shares tanked more than 17% in premarket trading Thursday as the company said it saw a steep drop-off in traffic in
Very few people self-identify as upper middle class or wealthy — even if, by the numbers, their income or net worth puts them in that category. Only 1% of Americans consider themselves upper class, according to a 2015 Pew survey, and just 6% of those earning $100,000 or more say they fit this category. According
Jeff Bezos, owner of Blue Origin, introduces a new lunar landing module called Blue Moon during an event at the Washington Convention Center, May 9, 2019 in Washington, DC. Mark Wilson | Getty Images Twenty-one current and former employees of Jeff Bezos’ Blue Origin claim the space company is a “toxic” workplace, according to an
In this article MORN Vlad Yushinov | iStock | Getty Images The stock market has taken some steep drops this month, and forecasts of a correction, or worse, are mounting. As a result, many investors may be wondering if it’s time to transfer some of their money to bonds, where returns can still be decent
In this article SPCE XLRN MRK KMX MKC FUBO Check out the companies making headlines before the bell: CarMax (KMX) – The auto retailer missed estimates by 18 cents with quarterly earnings of $1.72 per share, although revenue topped analyst projections. Comparable pre-owned car sales rose 6.2%, less than the 7.3% estimate of analysts surveyed
Recent proposals from the Biden administration and congressional Democrats aim to hike taxes on the foreign profits of U.S. multinationals, resting on the claim that U.S. multinationals pay very low tax rates on these foreign profits. But how heavily taxed are they, and how would various proposals affect these tax rates? U.S. multinational enterprises (MNEs)
LONDON — The co-founder and chief medical officer of BioNTech, the German firm which developed a Covid-19 vaccine alongside Pfizer, told CNBC that the world “should not live in fear” of the virus. “Covid will become manageable. It already has started to become manageable” Dr. Ozlem Tureci said in the latest episode of “The CNBC
For many, 2020 will be remembered as a year they spent at home. Others took a different path. They packed their bags and moved to places that many only dream of visiting. Here’s how they feel about their decision one year on, in their own words. From Boston to Napa Valley, California Name: Ian O’ReillyOccupation:
CNBC Brad Gerstner, Altimeter Capital Chairman and CEO, said his hedge fund sold stakes in United Airlines and Expedia, adding that easy gains from the rebound in travel stocks have been realized. “On July 1 this year after a big run-up in United and Expedia, we distributed those returns to investors…. I still think the
jetcityimage Navient has announced it will no longer service federal student loans, leaving around 6 million borrowers waiting to be matched with a new lender. The company was one of the largest servicers for the U.S. Department of Education and its massive $1.7 trillion outstanding student loan portfolio. Some 44 million Americans are in debt
- 1
- 2
- 3
- …
- 40
- Next Page »