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Stories tagged: stock


Should you invest in hot pot stocks?

With recreational marijuana now legal in Canada, along with the growing popularity of the non-psychoactive CBD strains, investors in the United States and Canada are taking a hard look at …


Netflix shares jump 6 percent on strong subscriber growth

Netflix shares jumped 6 percent in early trading after the company reported a big increase in subscribers.


UPDATED: Sun., Oct. 14, 2018, 8:29 p.m.

Saudis reject threats as stocks plunge after Trump comments

Saudi Arabia on Sunday threatened to retaliate for any sanctions imposed against it after President Donald Trump said the oil-rich kingdom deserves “severe punishment” if it is responsible for the …


UPDATED: Fri., Sept. 28, 2018, 7:01 p.m.

Tesla faces a reckoning with CEO Elon Musk’s job in jeopardy

The Tesla CEO who made his fortune and his renegade-genius reputation by bursting through the barriers of conventional thinking faces a humiliating comedown as government regulators try to oust him …


Bed Bath & Beyond nosedives after cutting forecasts

Bed Bath & Beyond’s stock plunged to its lowest price in 18 years after the home goods store chain posted weak results in the second quarter and cut its forecasts …


Another day at Tesla: Execs depart, Musk invites controversy

Another executive departure, another controversy over the CEO’s behavior, another stock drop. Another typical day at Tesla.


PotlatchDeltic announces $100M share repurchase

PotlatchDeltic Corp.’s board of directors has approved a new $100 million share repurchase program, the company announced this week.


Tesla shares slip after company decides to stay public

Shares of Tesla slipped on the first day of trading after the electric vehicle maker said it won’t consider going private after all.


Bayer stock plunges days after jury awards $289 million to man with terminal cancer

Bayer’s stock slumped about 10 percent in midday trading Monday, three days after a California jury awarded $289 million to a former groundskeeper who said the popular weedkiller Roundup gave …


Ferrari stock dives after CEO says targets ‘aspirational’

Shares in sportscar Ferrari tanked Wednesday after the new CEO told analysts that an annual revenue target set by the late former chief executive, Sergio Marchionne, was “aspirational.”


UPDATED: Mon., July 23, 2018, 12:20 p.m.

Tesla stock skids on report it asked suppliers for refunds

Shares of Tesla are down sharply after a report that the company asked suppliers for refunds to help it turn a profit.


Another wave of sales leaves GE a vastly changed company

General Electric Co. is shrinking again, becoming a mere shadow of the globe-spanning conglomerate that it was before the Great Recession.


UPDATED: Thu., May 3, 2018, 8:38 a.m.

Tesla drops in premarket after Musk lets loose on call

Tesla’s shares are tumbling before the market open Thursday after the electric vehicle maker posted a record first-quarter loss and its CEO got testy at times during a conference call.


UPDATED: Wed., March 7, 2018, 5:26 p.m.

Icahn denies prior knowledge of Trump’s steel tariffs before selling stock

Billionaire investor Carl Icahn denied having prior knowledge of President Donald Trump’s plans to impose tariffs on imported steel and aluminum before he sold about $31 million of stock in …


GE’s century on the Dow nears end as drumbeat builds for removal

General Electric, an original and steadfast component of the Dow Jones Industrial Average for over 110 years, may get the boot.


Apple’s stock sinks as high hope for iPhone X sales fade

Apple’s stock is backtracking from its recent highs amid mounting concerns that iPhone X sales will fall short of the high hopes for a device that brought facial recognition technology …


UPDATED: Tue., Dec. 12, 2017, 8:35 a.m.

U.S. stock indexes mostly higher in early trade; oil falls

U.S. stocks edged mostly higher in early trading Tuesday as investors sized up the latest company earnings and deal news. Gains by banks and health care companies outweighed losses among …


Home Depot sticks by outlook, buys back $15 billion in stock

NEW YORK – Home Depot is sticking by its outlook for the year and will buy back $15 billion in company shares. The Atlanta company is laying out its strategy …


Bezos fortune hits $100 billion on Black Friday stock surge

Jeff Bezos is the world’s newest $100 billion mogul.


A path to possible wealth? Getting a little Shady

Royalty Flow Inc., through its parent Royalty Exchange, is offering stakes in Eminem’s recordings from 1999 to 2013 through an initial public offering of stock. The company hopes to raise …


UPDATED: Fri., Sept. 22, 2017, 5:51 p.m.

Walmart wants to send people into your house to stock the fridge – even when you’re not home

Walmart announced Friday that it is testing a delivery program in Silicon Valley that allows the delivery worker to enter the customer’s home and unload groceries.


In Google vs. the EU, a $2.7B fine could just be the start

Google’s parent company Alphabet can easily afford the $2.7 billion write-down it’s taking to cover a big antitrust fine in Europe. But it might find it harder to shrug off …


UPDATED: Mon., June 19, 2017, 5:51 p.m.

Kroger takes $7 billion hit as Amazon deal compounds struggles

Kroger Co. was already in trouble last week – then Amazon said it would buy Whole Foods. The biggest U.S. supermarket chain – and the parent of the Northwest’s Fred …


Motley Fool: Its non-refining interests make Phillips 66 worth a look

Its businesses of chemicals, midstream, and marketing and specialties have kept it in the green during the refining sector’s recent challenges, and those segments hold the company’s most compelling growth …


Exxon shareholders tell oil giant they want to see its climate plans

Wall Street investors took cues from environmental activists rather than executives Wednesday, as Exxon Mobil shareholders voted to approve a proposal asking the oil giant to measure how the global …


UPDATED: Tue., May 30, 2017, 10:07 a.m.

Amazon’s stock tops $1,000 for the first time

Amazon, the e-commerce giant that has changed how much of the world shops for books, toilet paper and TVs, hit a new milestone. Its stock topped $1,000 for the first …


Foot Locker stock plunges after blaming tax-refund lag for slowdown

Foot Locker Inc. suffered its worst stock decline in more than eight years after first-quarter results missed analysts’ estimates, an outcome the retailer blamed in part on slow income-tax refunds.


Trump’s HHS pick, Tom Price, will sell off stock to avoid conflicts

President-elect Donald Trump’s nominee to be the nation’s top health official will sell off stock holdings to avoid potential conflicts of interest, according to government documents released Thursday.


CEO pay climbs again, even as their stock prices don’t

CEOs at the biggest companies got a 4.5 percent pay raise last year. That’s almost double the typical American worker’s, and a lot more than investors earned from owning their …


LendingClub’s woes compounded by Justice investigation

Shares of LendingClub, which forced out its founder last week, slumped further Tuesday after the company disclosed the U.S. Department of Justice opened an investigation into its business.