Back in January, Starbucks Corporation SBUX 1.72% CEO Howard Schultz took a political stand against the anti-immigration policies of Donald Trump by announcing that Starbucks would hire 10,000 refugees over the next five years in the 75 counties in which it operates around the world. While the decision may have been more about ideology than…
The Federal Reserve delivered the interest rate hike the markets were expecting on Wednesday.
At 2 p.m. EST, the Federal Reserve is expected to announce another interest rate hike. While most Americans are familiar with the idea of a federal interest rate, interest rates on different U.S. bonds, bank accounts, credit cards, mortgages and other financial instruments vary widely.
Intel Corporation INTC 0.31%‘s surprising $15.3 billion buyout of Mobileye NV MBLY 0.12% was good news for Mobileye shareholders. However, the deal immediately sparked market speculation that it could also be a major positive for Blackberry Ltd BBRY 0.56%.
One of the biggest movers in the market recently has been the Direxion Shares Exchange Traded Fund Trust JDST 1.03%. After a 15 percent drop last Friday to close out the week, the JDST plummeted another 13 percent on Monday. Year-to-date, the JDST ETF is now down 51.5 percent.
Thousands of Berkshire Hathaway Inc. (NYSE: BRK-A) (NYSE: BRK-B) employees are hoping 2017 is the year they become millionaires. But they aren’t buying up shares of Berkshire stock to get there. Instead, they are filling out a March Madness brackets.
Aurinia Pharmaceuticals Inc AUPH 4.41% shares are down more than 20 percent Tuesday after nearly tripling in a month’s time. For traders wondering how the stock lost its mojo, the Twitter feed of TheStreet columnist Adam Feuerstein tells the story.
After the newest batch of MSCI data for the month of February, Axiom analyst Gordon Johnson is as bearish as ever on steel prices.
FIS Astec Analytics’ list of the hottest stocks among short sellers got a new member this past week. According to the firm’s latest report, Snap Inc SNAP 1.69% now has some of the most bearish sentiment among short sellers. Here’s a summary of the firm’s notable short selling data.
Intel Corporation INTC 0.31% caught the world off-guard when it announced a $15.3 billion buyout of Mobileye NV MBLY 0.12%. For Intel investors attempting to determine how good of a deal the company got on its acquisition, Global Equities Research analyst Trip Chowdhry has some bad news.