It has been roughly a month since reports of a potential merger between United Technologies Corporation UTX 0.45% and Rockwell Collins, Inc. COL 0.07% first surfaced. Merger rumors have heated up this week, with the Wall Street Journal reporting a buyout price of $140 or less for Rockwell Collins.
Planning, saving and investing for retirement are financial priorities for most Americans. Anyone with even the most general sense of how saving and investing works knows saving as much as possible as early as possible is the smartest path to an early and enjoyable retirement.
Everywhere they look, young Americans see headlines about how it’s always best to start investing at as young of an age as possible because doing so can help harness the full power of compounding returns and minimize the risk of short-term market fluctuations.
Most successful professionals didn’t get where they are today by accident. It takes a particular skill set of ambition, intelligence, savvy and tenacity to be successful in the business world. Unfortunately, that skill set might actually do more harm than good when it comes to investing.
Dollar General Corp. (NYSE: DG) reported better-than-expected earnings, revenue and same-store sales on Wednesday afternoon and raised its full-year earnings guidance. However, shares of the discount retailer plummeted more than 7 percent on Thursday morning as investors get increasingly picky about retail performance.
The market cooled to H&R Block (NYSE: HRB) stock on Wednesday after the company reported its fiscal first quarter 2018 earnings. H&R Block stock plummeted more than 8 percent following the report, and Wall Street analysts believe investors’ expectations may simply be too high at the moment.
After days of speculation, former Expedia (Nasdaq: EXPE) CEO Dara Khosrowshahi has been confirmed as Uber’s new CEO. Khosrowshahi beat out former General Electric Co. (GE) CEO Jeff Immelt and current Hewlett Packard Enterprise Co. (HPE) CEO Meg Whitman, who were both reportedly finalists for the position.
South Texas and Louisiana residents got no respite from the remnants of Hurricane Harvey, as torrential downpours added to record flooding in Houston and other areas in the region. Harvey’s impact on the local economy has been close to a worst-case scenario, and energy investors are rightfully concerned about the storm’s long-term impact on oil and gas…
With the summer blockbuster movie season coming to an end, movie theater investors are well aware that a seasonal slowdown in ticket sales is inevitable. However, this past weekend’s numbers were the lowest on record for the U.S. movie industry since 2001, and analysts believe Labor Day weekend will offer little relief.
Best Buy (NYSE: BBY) has been a standout stock in an otherwise horrendous year for U.S. retailers in 2017.