In this article GOOGL DHI EAT CPRI BSX WM Check out the companies making headlines before the bell: Capri Holdings (CPRI) – The company behind Michael Kors and other luxury brands reported better-than-expected earnings for its latest quarter and raised its profit forecast as demand for handbags and apparel remained strong. Capri earned an adjusted
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bymuratdeniz | iStock | Getty Images Starting in December, the IRS began sending families who received the child tax credit letters to reconcile the benefit on their 2021 tax returns. For some, those forms, called a Letter 6419, contained incorrect information. That could be an issue for families when they file their 2021 taxes. That’s
A real estate agent stands in the doorway as Giovani and Nicole Quiroz of Brooklyn, New York visit an open house in West Hempstead, New York. Raychel Brightman | Newsday LLC | Newsday | Getty Images Mortgage rates continued to surge higher last week, and that brought borrowers out of the woodwork, looking to refinance.
Beacon Roofing and Ethan Allen are featured plays on the increase in home sales. Visit our website: https://www.zacks.com Visit our Stocktwits account: https://stocktwits.com/ZacksResearch Check out our weekly promotion: https://www.zacks.com/promo If you’re interested in our services, please check out Zacks Ultimate: https://www.zacks.com/ultimate/?adid=YOUTUBE&cid=sm-YOUTUBE
Rescuers evacuate stranded people in the waterlogged urban area of Weihui City in Xinxiang, central China’s Henan Province, July 27, 2021. Li An | Xinhua News Agency | Getty Images The flooding in the central Chinese province of Henan last year not only exacted a heavy human toll, it was also the costliest in Asia-Pacific
In this article GOOGL Sundar Pichai, CEO of Alphabet, in Brussels, Belgium, on Jan. 20, 2020. Geert Vanden Wijngaert | Bloomberg | Getty Images Google parent Alphabet reported better-than-expected fourth-quarter earnings and revenue. The shares popped in extended trading. The company also announced a 20-for-1 stock split that will go into effect in July. Here
Investors should proceed with caution, according to BofA Securities’ Savita Subramanian. Even though February kicked off on a strong note, she warned on CNBC’s “Fast Money” a messy sideways market is ahead. “It’s going to be a year where we are shocked by the volatility,” the firm’s U.S. head of equity and quantitative research said
CNBC’s Jim Cramer said Tuesday that now is the time to ditch stocks of unprofitable companies. “This is your chance to free yourself of those companies … that don’t have any revenues, don’t have any earnings, all 50 times sales,” Cramer said on “Squawk on the Street,” referring to stocks that sell at high price-to-sales
Jose Luis Pelaez Inc. | Getty Images Markets endured a rough January, with the S&P 500 Index suffering its worst monthly performance in nearly two years. Technology was responsible for much of the carnage, as investors became spooked by some notable earnings misses and the prospect of four interest rate hikes by the Federal Reserve
Kwangmoozaa | iStock | Getty Images Student loan payments have been on pause for nearly two years. Come May, they’re scheduled to resume. Many of the tens of millions of borrowers will find themselves in a different financial situation then they were in March 2020, and a different payment plan may make more sense for
In this article GSBD Briana Thompson, owner of Spiked Spin, is optimistic about her company’s future, despite having a turbulent time during the Covid-19 pandemic. Source: Briana Thompson The Covid-19 pandemic has been far from easy for small business owner Briana Thompson. Her Brooklyn, New York-based boutique spin studio, Spiked Spin, had only been open
The semiconductor sector is ripe with buying opportunities after the recent market dip and this earnings season should generate some robust springboard price-action for well-positioned chip stocks. The Ticker List: TSMC (TSM): 0:45 VanEck Semiconductor ETF (SMH): 2:05 Qualcomm (QCOM): 3:14 Synopsys (SNPS): 3:55 Lam Research (LRCX): 4:54 ACM Research (ACMR): 5:39 Visit our website:
If 2021 was a big year for state tax reform, 2022 may give it a run for its money. With January now in the books, the 40 states which have convened their legislative sessions—six more will join them, while four states’ legislatures do not meet in odd-numbered years—already show a flurry of activity on taxes,
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In this article SBUX The Starbucks logo is displayed on a cup at a Starbucks store on October 29, 2021 in Marin City, California. Justin Sullivan | Getty Images Starbucks on Tuesday reported quarterly earnings that missed analysts’ expectations as higher costs weighed on its profits. Here’s what the company reported for the quarter ended
In this article GM A General Motors sign is seen during an event on January 25, 2022 in Lansing, Michigan. – General Motors will create 4,000 new jobs and retaining 1,000, and significantly increasing battery cell and electric truck manufacturing capacity. Jeff Kowalsky | AFP | Getty Images General Motors is set to report its
In this article XOM PBI CRUS UPS AMC SIRI A medical worker wearing a mask walks near the AMC movie theater in Times Square amid the coronavirus pandemic on May 7, 2020 in New York City. Alexi Rosenfeld | Getty Images Check out the companies making headlines in midday trading. Exxon Mobil – Exxon shares
BET founder Bob Johnson told CNBC on Tuesday the Biden Administration needs to take additional steps in its Build Back Better plan to tackle the wealth gap between Black and white Americans. “What I look at is, what can you do to increase Black wealth? And that means you got to put more capital at
In this article ASTR The company’s rocket LV0008 stands on the launchpad ahead of the ELaNa 41 mission for NASA. Astra | John Kraus Rocket builder Astra is preparing to launch from Florida for the first time as early as this weekend, with the company expecting to soon receive its Federal Aviation Administration license for
fizkes | iStock | Getty Images Getting married, having a baby, changing jobs and unemployment may affect your taxes, and it’s better to adjust withholdings early, financial experts say. The IRS expects a slice of every dollar you earn — taken from your paycheck, withheld from other income or sent quarterly. While overpaying may spark