(RTTNews) - Shares of communications company Plantronics, Inc. (PLT) are falling more than 16% on Friday morning following the company's announcement that Siris Capital Group, LLC has sold about 57% of its stake in Plantronics.
(RTTNews) - Consumer sentiment in the U.S. improved by more than initially estimated in the month of August, according to revised data released by the University of Michigan on Friday.
(RTTNews) - A report released by MNI Indicators on Friday showed a modest decrease by its reading on Chicago-area business activity in the month of August, although the Chicago business barometer still pointed to growth.
(RTTNews) - Shares of Ollie's Bargain Outlet Holdings, Inc. (OLLI) are currently slipping over 5% on Friday morning, despite the discount retailer reporting second-quarter results that trumped Wall Street estimates.
The majority of Americans are worried Social Security won't be there to provide benefits in the future. And while the program can't run out of money, there is reason to fear benefit cuts in the next 15 years, as the program's trust fund is expected to run dry in 2035.
(RTTNews) - Following the mixed performance seen in the previous session, stocks are likely to move to the upside in early trading on Friday. The major index futures are currently pointing to a higher open for the markets, with the Dow futures up by 134 points.
(RTTNews) - Starbucks is joining with Walmart and many other corporates in pledging to give its workers time off to vote in the upcoming presidential election.
After a confused and volatile reaction to the Federal Reserve's formal adoption of an average inflation target, it took Asian and European traders to embrace the signal and take the dollar lower.
(RTTNews) - With employees returning to work as the economy continued to reopen, the Commerce Department released a report on Friday showing U.S. personal income unexpectedly increased in the month of July.
In the race for a COVID-19 vaccine, Novavax (NASDAQ: NVAX) would seem to be in fourth place. (And that's if we exclude the Russian and Chinese vaccine candidates.)
Value investing is always a very popular strategy, and for good reason. After all, who doesn’t want to find stocks that have low PEs, solid outlooks, and decent dividends?
Growth stocks can be some of the most exciting picks in the market, as these high-flyers can captivate investors’ attention, and produce big gains as well. However, they can also lead on the downside when the growth story is over, so it is important to find companies which are
Marvell Technology Group Ltd. MRVL delivered second-quarter fiscal 2021 non-GAAP earnings of 21 cents, which surpassed the Zacks Consensus Estimate of 10 cents. Moreover, the reported figure increased three-fold from the year-ago quarter’s earnings of 7 cents.
HONG KONG (Reuters Breakingviews) - Shinzo Abe may be gone, but Abenomics will stay on. The long-serving prime minister of Japan resigned on Friday. Two of the three arrows of his eponymous reforms are well established. The third, the growth arrow, has flown less high. T
(RTTNews) - U.K. stocks rose on Friday as Fed Chair Jerome Powell announced a major policy shift to "average inflation targeting", meaning the Fed is willing to allow inflation to run higher than the standard 2 percent target before hiking interest rates.
(RTTNews) - French stocks were little changed on Friday as investors weighed the Federal Reserve's dovish gesture against surging coronavirus cases in countries like Spain, France and Italy.
(RTTNews) - German stocks fell on Friday after a survey showed that German consumer confidence is set to weaken in September following three months of improvement as income expectations deteriorated.
(RTTNews) - Asian stocks ended mixed on Friday as concerns about Japanese PM's chronic health issues as well as political deadlock in the U.S. over federal stimulus spending offset the U.S. Fed Reserve's dovish gesture to achieve inflation averaging 2 percent over time.
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