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Business, Stocks

“Best Buy jumps 13% as cost-cutting preserves profits despite sluggish sales”

“Best Buy on Thursday missed Wall Street’s quarterly sales expectations but stressed higher profits and lower costs as softer demand for consumer electronics continues. Shares of the retailer gained 13% Thursday… Net sales dropped to $8.85 billion from $9.47 billion in… Continue Reading…

Stocks

“Apple stock has best day since 2022 after earnings beat, $110 billion stock buyback”

“Apple shares popped 6% Friday after the company reported better-than-expected second-quarter earnings and the largest-ever stock buyback program. It was the best day for the stock since Nov. 30, 2022. The iPhone maker announced Thursday it would repurchase $110 billion of its shares,… Continue Reading…

Stocks

“Dow closes 300 points lower Friday, but notches best week since December…”

“UPDATED FRI, MAR 22 2024 4:34 PM EDT… All three major averages notched healthy gains this week, with the S&P 500 rising about 2.3%. The Dow was up just shy of 2% for its best week since December. The Nasdaq is the outperformer… Continue Reading…

Business

“Best Buy warns of layoffs as it issues soft full-year guidance”

“…the retailer warned of another year of softer sales and said it would lay off workers and cut other costs across the business. CEO Corie Barry offered few specifics, but said the company has to make sure its workforce and… Continue Reading…

Business

“Bud Light falls further, Modelo extends lead as best-selling US beer”

“…Total beer sales in the U.S. were up 2.2% in dollar sales for the week ending Aug. 19, but three brands saw double-digit increases in both sales and volume: Miller Lite was up 18.5% in sales and 12.3% in volume, Coors Light… Continue Reading…

Stocks

“Best Buy shares rise on earnings beat, even as CEO says shoppers are showing ‘recessionary behaviors’”

“Best Buy on Thursday topped Wall Street’s quarterly earnings expectations, but its sales missed estimates and it reiterated expectations for weaker spending on consumer electronics this year. The company’s shares rose more than 2% in early trading Thursday. The retailer affirmed the outlook it… Continue Reading…

Uncategorized

“Mega Millions jackpot reaches $421 million: Here are the best and worst states for taxes on lottery winnings”

“After no winning tickets matched all six numbers drawn on Tuesday, January 25, Friday’s Mega Millions estimated jackpot is $421 million, before taxes are taken out, according to MegaMillions.com… The worst states in which to hit the Mega Millions jackpot 5.… Continue Reading…

Real Estate

“US home sales on track for the best year since 2006”

“Despite low inventory and rising prices, home sales inched higher in October, marking a second straight month of growth, according to a report from the National Association of Realtors.Sales of existing homes, which include single-family homes, townhomes, condominiums and co-ops,… Continue Reading…

Stocks

“Best Dividend Stocks For 2021: Five Strong-Yield Stocks Beating The S&P 500”

“Broadcom (AVGO), Texas Instruments (TXN), T. Rowe Price (TROW), Fastenal (FAST) and Home Depot (HD) count among the best dividend stocks for 2021, yoking solid yields to strong performance. Broadcom and the other top dividend stocks can give a big boost to growth and income portfolios.Volume 0%02:1902:19 … Best Dividend… Continue Reading…

Stocks

“NIO Stock Is Going Nuts. This Is the Best Explanation.”

“NIO (ticker: NIO) stock gained almost 10% Monday and shares are up 28% over the past month. The S&P 500, for comparison, rose 0.2% Monday and is up 2% over the past month. Call options volume, which rose almost 200% on Monday… Continue Reading…