U.S. stock indexes edged higher in afternoon trading Monday as investors sized up a batch of corporate deal news. Mattel soared on a report that Hasbro offered to buy the rival toymaker. Consumer and household goods companies posted some of the biggest gains, offsetting losses by industrial and energy stocks. […]
FOX Business News
Light at the end of GE’s tunnel? Lighting, more, may be gone
NEW YORK – General Electric slashed its dividend in half and will attempt to vastly narrow its focus to three key sectors — aviation, health care and energy — as the conglomerate with early ties to Thomas Edison considers shedding even its historic lighting business. Continue Reading Below The company […]
Officials shocked at extent of abuse at psychiatric hospital
HARTFORD, Conn. – Connecticut officials voiced surprise on Monday at the extent of abuse that took place at the state’s only maximum-security psychiatric hospital, telling lawmakers they’re working to understand how it happened without the knowledge of higher-ups. Continue Reading Below Department of Mental Health and Addiction Services Commissioner Miriam […]
3 key end-of-year retirement check-up tips
As the end of the year approaches, investors may want to think about taking stock of their retirement plans. Continue Reading Below While the policy outlook might be uncertain, there are some ways to make the most out of your savings regardless of how external factors may change over the […]
Apple Inc. Set to Slash iPhone 8 Production
According to generally reliable KGI Securities analyst Ming-Chi Kuo (via MacRumors), Apple (NASDAQ: AAPL) is set to reduce the production of the iPhone 8, which first went up for sale on Sept. 22, by between 50% and 60% in the current quarter. Continue Reading Below The production cut, Kuo says, […]
3 Things You Definitely Shouldn’t Finance
You really want a new TV to replace the model that currently graces your living room, so you stroll down to the store of your choice and plop down your credit card. Or your washing machine is making strange noises, so you decide to pick up a new model courtesy […]
Obsidian Energy Ltd. (OBE) Q3 2017 Earnings Conference Call Transcript
Obsidian Energy Ltd. (NYSE: OBE)Q3 2017 Earnings Conference Call TranscriptNov 10, 2017, 08:30 a.m. ET Continue Reading Below Contents: Prepared Remarks Questions and Answers Call Participants Prepared Remarks: Operator Good morning. My name is Jessa, and I will be your conference operator today. At this time, I would like to […]
Sports betting isn’t legal, but firms are jockeying already
ATLANTIC CITY, N.J. – Some gambling technology companies expect the U.S. Supreme Court to legalize sports betting and are jockeying for position in the new industry months before a decision is even rendered. Continue Reading Below A lawsuit filed Thursday in Atlantic City shines some light on the scramble. NYX […]
Disney Theme Parks Come to the Rescue
A silver lining in Walt Disney‘s (NYSE: DIS) otherwise unimpressive quarterly report last week was the performance of its theme parks. Of the media giant’s four segments, its parks and resorts division was the only one to post year-over-year revenue growth in its fiscal fourth quarter. It was also the only segment […]
The Latest: Trump tweets suggestion to GOP for tax bill
WASHINGTON – The Latest on tax legislation (all times local): Continue Reading Below 10:15 a.m. President Donald Trump is calling on Republican lawmakers to get more aggressive with their tax proposals. In a tweet Monday, Trump says the GOP should repeal “the unfair & highly unpopular” individual mandate in the […]