HSBC (NYSE: HSBC) is undertaking cost-cutting initiatives that could result in the reduction of up to 10,000 jobs. According to a report
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Companies that announced major restructurings in 2019
A slew of companies have announced major corporate restructurings to streamline operations and cut costs. Restructurings are often accompanied by facility closures,
Monster Beverage could get hurt by Coca-Cola’s energy drink
Shares of Monster Beverage Corp. (NASDAQ: MNST) stayed in negative territory during midday trade on Wednesday after Guggenheim downgraded the stock to
A long-term relationship with airline stocks may not end well. Here’s why
When it comes to investing, long-term relationships have many benefits. Higher holding periods tend to make stocks more balanced, with better chances
US travel industry needs some stimulus to drive growth
A week ago we witnessed the gargantuan fall of British travel behemoth Thomas Cook. While the collapse may partly be attributable to
Retail sales manage to climb in August
Retail and food services sales saw an increase in August while the July number was revised. According to the report by the
How to safeguard your portfolio in a recession-driven bear market
Warnings of a global recession are louder today than ever since the 2008 financial crisis. While these indications aren’t clear-cut evidence of
Recession panic: Why investors need to stay cautious heading into 2020
For some time, market observers have been crying caution of an upcoming global recession, primarily due to a much prolonged period of
Elliott Management takes stake in AT&T and calls for changes
Hedge fund Elliott Management sent a letter to the board of directors at AT&T Inc. (NYSE: T) urging the company to improve
9 IPO stocks that have given 100+% returns
It was quite an interesting year so far for the IPO market with over 100 companies making their public debut. These include
Major IPOs expected in late-2019 or 2020
So far this year, we have seen some high-profile companies hitting the stock markets including Uber (NYSE: UBER), Lyft (NASDAQ: LYFT), Beyond
Existing home sales rise to 5-month high in July, backed by low interest rates
Existing home sales rebounded in July after declining in the previous month as buyers sought to take advantage of the low interest
Beyond Meat benefits from partnership strategy
Beyond Meat Inc. (NASDAQ: BYND) appears to be benefiting from its strategy of entering into new partnerships with restaurants and food delivery
Apple, AMD, and 6 other tech stocks reporting earnings this week
Apple, AMD, Qualcomm, Pinterest, and more earnings are scheduled for the week between July 29 and August 2. Check out what to
Calendar: Earnings of Boeing, Facebook, Tesla, Amazon, Alphabet, Starbucks on queue
Boeing, Facebook, Tesla, Amazon, Alphabet, Starbucks, and more earnings are scheduled for the week between July 22 and 26. Check out what
JPMorgan Chase beats in Q2 on tax benefit
JPMorgan Chase & Co (NYSE: JPM) reported higher earnings on modest growth in revenues during the second quarter, despite headwinds associated with low-interest
Calendar: Earnings of Bank of America, Netflix, eBay, Microsoft, Amex on queue
Bank of America, Netflix, eBay, Microsoft, Amex, and more earnings are scheduled for the week between July 15 and 19. Check out
What next for healthcare stocks after govt decision on drug rebate spurs rally?
The market reacted quickly to President Trump’s decision to withdraw the plan to do away with rebates in the government's drug plans.
Microsoft leads the enterprise SaaS industry, grows quickly
One might think the pace of growth is inversely proportional to the size of the company. Well, in most cases, yes. But
Virgin Galactic vs. Blue Origin: The race to suborbital space tourism
On Tuesday, Virgin Galactic announced that it was going public, setting a new milestone for the space tourism company. California-based investment firm
Apple’s stock drops on analyst downgrade and bleak iPhone outlook
Apple Inc.’s (NYSE: AAPL) shares were down by 2.1% in midday trade on Monday after Rosenblatt Securities downgraded the stock from Neutral