Stock market

SEC OKs Proposal To Allow Firms To Raise Capital Via Direct Listing

May 25, 2021 11:43 AM AEST | By Team Kalkine Media

Summary The commission’s ruling is a significant victory for the exchange, which has been pushing for the rule change for quite some time. T...

Applied Materials (AMAT), Urban One (UONE): 2 Trending Stocks

May 22, 2021 01:13 PM AEST | By Kiran Murali

Summary Applied Material’s stock is up almost 50 percent year to date. Urban One rose 89 percent year to date. Stocks of Applied Materi...

Foot Locker, Deere Stocks Rise, VF Corp Declines After Earnings

May 22, 2021 04:15 AM AEST | By Kiran Murali

Summary Foot Locker posts 83.1 percent sales growth in the first quarter. Deere saw its fiscal second-quarter net income more than double. F. Cor...

Warren Buffett Buys Shares in Aon; Cuts Stake in Wells Fargo, Chevro...

May 19, 2021 09:11 AM AEST | By Kiran Murali

Summary Berkshire Hathaway held 4,096,146 shares in Aon, worth US$ US$942.6 million, as of March 31. The conglomerate reduced its holding in Wells...

2 Major M&As Today: IBM-Waeg & Performance Food-Core-Mark

May 19, 2021 05:40 AM AEST | By Team Kalkine Media

Summary IBM plans to buy Salesforce's European consulting partner Waeg. Performance Food to acquire Core-Mark in a US$2.5 billion deal. Ameri...

Why Domtar, Plug Power, Roblox Stocks Surged Today?

May 12, 2021 10:34 AM AEST | By Team Kalkine Media

Summary Canada’s paper maker Paper Excellence will buy Domtar in a US$3billion deal. Plug Power delayed first-quarter results, expects 60 pe...

Improved Outlook, Strong Earnings Push CVS, Gartner Stocks Higher

May 05, 2021 10:47 AM AEST | By Team Kalkine Media

Summary CVS Health now projects its 2021 adjusted EPS in the range of US$7.56 to US$7.68. Gartner raised its adjusted earnings per share forecast...

2 Warren Buffet Stocks with Stellar Performance

April 09, 2021 10:52 AM AEST | By Team Kalkine Media

Source:Explode, Shutterstock Summary Berkshire Hathaway holds a 5.28 percent and 8.49 percent stake in Apple and RH, respectively. Apple, which...

Jeff Bezos Tops Forbes Billionaire List, Elon Musk Jumps to 2nd Spot

April 07, 2021 06:00 PM AEST | By Team Kalkine Media

Source: JomNicha, Shutterstock Summary Amazon founder Jeff Bezos is on the top of the list for the fourth consecutive year. Tesla CEO Elon Musk...

Strong Macros Propel Dow 30 To Historic High

April 06, 2021 11:30 AM AEST | By Team Kalkine Media

Source:ESB Professional, Shutterstock The Dow Jones Industrial Index (Dow 30) – the 30-share, large-cap benchmark of Wall Street -- closed on h...

Realtors Brace For Poor Home Sales Amid Supply Constraints

March 23, 2021 07:49 AM AEDT | By Team Kalkine Media

Source: WHYFRAME, Shutterstock Summary Home sales fell 6.6 percent in February as supplies continue to drop. The number of homes were down...

Banking Outage Hits Wells Fargo Customers Amid Stimulus Payment

March 20, 2021 07:54 AM AEDT | By Team Kalkine Media

Source:solarseven, Shutterstock   Wells Fargo & Company (NYSE:WFC) customers faced online and mobile banking outage on March 17, on the sam...

Nike’s China Sales Soared 51 Percent To US$2.28 Billion In Q3

March 20, 2021 07:28 AM AEDT | By Team Kalkine Media

Source:NESPIX ,Shutterstock Summary Container shortage and port congestion hampered sales in North America. Nike’s third-quarter net inco...

Why NIO Stocks (NYSE:NIO) Are The Target of Wall Street Investors

March 02, 2021 08:34 AM AEDT | By Team Kalkine Media

Source: soul_studio, Shutterstock Summary NIO Inc. stocks (NYSE: NIO) rose more than 1100 percent in the past year. It plans to foray into...

These 2 top value stocks in the US that are paying dividends consist...

February 19, 2021 04:04 AM AEDT | By Team Kalkine Media

Source:Rawpixel.com, Shutterstock Summary Value investors seek to invest in companies that are fairly undervalued at current prices and have str...

Three real estate stocks that might make waves in 2021

February 18, 2021 03:35 AM AEDT | By Team Kalkine Media

A leading real estate developer Comstock Holding signed a 10-year lease with bb.q Chicken. The US housing market demonstrated extraordinary resil...

Three financial stocks that have racked up recent gains

February 16, 2021 02:31 AM AEDT | By Team Kalkine Media

p, Discover Financial Services and Willis Towers Watson Public Ltd. The S&P 500 Financials index consists of over 40 financial sector compani...

Three small-cap stocks to take note of

February 16, 2021 02:09 AM AEDT | By Team Kalkine Media

Source: bangoland, Shutterstock 2020 was a rollercoaster ride for investors and market players alike. The broad-based S&P500 witnessed a rap...

Ford Not Ready To Give Up Its EV Dream Without A Fight

February 14, 2021 05:35 AM AEDT | By Team Kalkine Media

ook to leverage existing markets to push sales and reinforce the franchisee business. Ford Motor is not ready yet to cede any ground to its compe...

3 growth stocks that can’t be overlooked

February 12, 2021 07:35 PM AEDT | By Team Kalkine Media

include: Keysight Technologies, Inc., Advanced Micro Devices, and Fulgent Genetics. Growth stocks see higher revenue increases than their contemp...