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    Stocks prioritizing dividends should outperform those emphasizing stock buybacks, says Goldman Sachs . S&P 500 dividends should grow by about 5% this year versus 2022 levels, even amid stress in the banking sector and slowing economic growth. But stock buybacks will fall about 10%. So concludes an April 14 note by Goldman Sachs Portfolio Strategy ...
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    Some stocks are cheap for a reason and stay that way. But other inexpensive stocks can be good values. Life-insurance shares belong in the latter category: Their finances are sound and the industry has gotten better at risk management. The stocks fell more than 10% in March and trade for an average of 7.5 times ...
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    Published: April 13, 2023 at 7:23 p.m. ET By Sabela Ojea Purple Innovation Inc. on Thursday said it will reconstitute its board after entering into a memorandum of understanding with Coliseum Capital Management LLC, its largest shareholder. Shares of the mattress maker jumped 14% to $2.55 in after-hours trading. Express Inc. and the management firm ...
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    The Biden administration’s effort to have electric vehicles account for two-thirds of all new cars sold within less than a decade likely won’t reach its goal, but that won’t matter for investors who play their cards right. Shares of Tesla (ticker: TLA), the electric-vehicle leader, and stock of EV followers Ford Motor (F) and General ...
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    LSEG (London Stock Exchange Group) today announces the launch of a new innovative trading service, Turquoise Retail Max. The service is designed to support European retail brokers in meeting their best execution obligations and deliver price improvement for end retail investors when trading pan-European securities. Turquoise Retail Max™ is available through Turquoise Europe™, the ...
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    National Instruments shares jumped 9.3% to $57.45. Emerson had made a hostile bid for National Instruments back in January, but National Instruments said it wanted to seek alternatives. Emerson Electric shares fell 1.9%. American Airlines (AAL) declined 4.2% after the carrier said in a filing that it expects first-quarter adjusted earnings of between 1 cent ...
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    Cost of living pressures are weighing down on households with spending by low- and middle-income earners forecast to drop over coming months. New data shows household consumption starting to slow due to rising cost pressures spurred on by both higher interest rates and persistently high inflation, which is pushing up prices for food, energy and ...
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    Kais Maalej, a 49-year-old Uber driver and amateur investor active on social media, is a proponent of the theory on Reddit forums that distressed retailer Bed Bath & Beyond Inc. will soon be acquired by a holding company associated with billionaire Ryan Cohen. “I am very confident” that Bed Bath & Beyond will be bought, ...
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    Ah, April. The crack of the bat. The smell of fresh-cut grass. The frantic search for year-old receipts. And the sound of conference calls ringing in the air. It’s baseball season. It’s tax season. And even better, it’s first-quarter earnings season. The first quarter of 2023 was a remarkably profitable one for tech investors, helping ...
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    Walgreens Boots Alliance stock has slumped this year and is trading near a multiyear low, but the drugstore chain’s CEO, Rosalind Brewer, just bought shares on the open market. Walgreens stock (ticker: WBA) has slid 4% year to date, following a 28% drop in 2022. The company has been hurt by continuing staff shortages that ...