Check out the companies making headlines in midday trading. General Motors — Shares rose more than 4% after the automaker exceeded analyst expectations for its first-quarter results . General Motors posted adjusted earnings of $2.62 per share on revenue of $43.01 billion. Analysts had anticipated earnings of $2.15 per share and revenue of $41.92 billion, […]
A general view of the exterior of the U.S. Steel Clairton Coke Plant, on March 20, 2024 in Clairton, Pennsylvania. Jeff Swensen | Getty Images U.S. Steel shareholders on Friday approved its proposed $14.9 billion acquisition by Japan’s Nippon Steel, as expected, taking the merger one step closer to completion even as political opposition to […]
A standard drilling rig that Chevron will be drilling its first onshore test well for the 14,000-acre Bayou Bend CCUS project is photographed on Thursday, Feb. 22, 2024 in Winnie area. It is expected to have the capacity to store more than 1 billion metric tons of carbon dioxide in underground geologic structures. Yi-Chin Lee […]
Try the businesses making headlines in noon buying and selling. Normal Motors — Shares of Normal Motors rose 8% after the automaker topped Wall Avenue’s estimates on the highest and backside strains and supplied robust steering for 2024. The corporate reported adjusted earnings of $1.24 per share on $42.98 billion in income for the fourth […]
GM workers with the UAW Local 2250 union strike outside the General Motors Wentzville Assembly Plant in Wentzville, Missouri, Sept. 15, 2023. Michael B. Thomas | Getty Images Check out the companies making headlines in midday trading. General Motors, Ford, Stellantis — Shares of Ford was near flat, while General Motors gained 0.9% and Stellantis […]
General Motors assembly workers picket outside the General Motors Bowling Green plant during the United Auto Workers national strike in Bowling Green, Kentucky, October 10, 2019. Bryan Woolston | Reuters Check out the companies making headlines before the bell. KeyCorp — The Cleveland-based regional bank rose almost 2% premarket after Piper Sandler said the shares […]
Stocks are on a roll this year. The tech-heavy Nasdaq is up 35% and the broader S & P 500 ‘s not far behind despite a relentless rise in interest rates by the U.S. Federal Reserve. However, according to Andrew Slimmon, senior portfolio manager at Morgan Stanley Investment Management, these are all reasons to be […]
Where did 2022 go so wrong and how can 2023 go right? I am constantly trying to show you how money managers work because — unlike almost everyone in “the business” — you can cherry-pick the parts that best suit your investing strategy. My goal for the Club has been simple and true: to replicate […]
