Shares of Wells Fargo (NYSE: WFC) were down in early trading after the nation's fourth-largest bank by assets reported third-quarter earnings that came up short of analyst estimates.
Net lease real estate investment trust (REIT) W.P. Carey (NYSE: WPC) is busy making moves today, despite the resurgent coronavirus. That it is finding opportunity in the face of such headwinds is nice to see and is one of the reasons why the best is still yet to come for this RE
(RTTNews) - Shares of sustainable LED lighting and human-centric lighting technologies provider Energy Focus, Inc. (EFOI) are surging more than 20% Wednesday morning after the company launched a portfolio of germicidal UV-C Disinfection products, designed to destroy various path
What happened
Shares of movie theater operator AMC Entertainment (NYSE: AMC) fell 22% in early trading on Wednesday. That follows a swift decline the day before. Both drops are tied to the same investor concerns.
(RTTNews) - Shares of Jumia Technologies AG (JMIA), operator of an e-commerce platform in Africa, are rising almost 10 percent or $1.23 in Wednesday's morning trade at $13.59 despite no company-specific news that could influence the stock.
Delta Air Lines (NYSE: DAL) reported its third-quarter earnings on Tuesday. As expected, the headline numbers were awful. Indeed, Delta missed analysts' estimates for revenue and earnings, posting adjusted revenue of $2.65 billion (down 79% year over year) and an adjusted net lo
It's been a hard year for everyone, but the recently graduated class of 2020 is facing a unique set of challenges. Due to rampant unemployment and a shaky recovery, those with little to no work experience have less control of their finances than ever before. If you are employed
(RTTNews) - Wells Fargo & Company (WFC) reported third quarter earnings per share of $0.42, compared to $0.92, last year. On average, 24 analysts polled by Thomson Reuters expected the company to report profit per share of $0.45, for the quarter. Analysts' estimates typicall
Investors have long known Canadian marijuana producers Aurora Cannabis (NYSE: ACB) and Canopy Growth (NYSE: CGC) as among the leading names in their industry, given their rapid expansion after Canada legalized recreational cannabis in October 2018. However, last year was pretty
Weighing on equities is the growing realization that the recent ping-pong negotiations make a new COVID-19 fiscal stimulus package look increasingly less likely before the 2020 presidential election.
Americans are living longer, which is a great thing, especially if you have the money to afford a nice, long retirement. A new study released by Wells Fargo (NYSE: WFC) and the Stanford University Center on Longevity called "Planning for the 30+ Year Retirement," finds that the
The Good Judgment Project is a group that describes itself as "harnessing the wisdom of the crowd to forecast world events." Using open minds and fact-based decision models, the project outperformed the intelligence community in predicting geopolitical events during a four-year
It's official: Alphabet (NASDAQ: GOOG) (NASDAQ: GOOGL) subsidiary Google has bailed on selling music downloads through the Google Play store. The move has been a long time coming, as Google has been trying to nudge users toward YouTube Music for over a year. The company wants pe
International Business Machines (NYSE: IBM) is making its most significant structural change in years. The company announced it would spin off its managed infrastructure services businesses, effectively splitting the company into two separate tech stocks. IBM shareholders will h
(RTTNews) - European stocks were modestly higher on Wednesday, with hopes of more stimulus, a raft of upbeat earnings reports and encouraging bank lending data from China helping underpin investor sentiment.
Sure, the stock market is booming now, but remember that it was also booming in January of this year -- right before the quickest market crash of all time. Meanwhile, Congress is at an impasse on a new stimulus deal, even though leading Federal Reserve officials are pleading for
Many seniors sign up for Social Security at 62 since it's the earliest possible age to claim benefits. Going that route means reducing your monthly benefit for life.
(RTTNews) - While reporting financial results for the third quarter on Wednesday, diversified health care company UnitedHealth Group, Inc. (UNH) raised its earnings outlook for the full-year 2020 as care patterns disrupted by the pandemic moved closer to normal levels.
Predicting which candidates will win the 2020 U.S. elections is something of a cottage industry. Will Biden beat Trump? Will the GOP keep control of the Senate, or will Democrats take the reins? Several states will also vote on key ballot initiatives -- what about them?