AMC announces special dividend in the form of ‘Ape’ preferred shares; stock falls
AMC Entertainment Holdings Inc.’s stock fell more than 10% in extended trading on Thursday after the company announced a special dividend in the form of “Ape”...
Consumer Shares Fall as Consumer Staples Stocks Decline — Consumer Roundup
Shares of retailers and other consumer companies slipped as losses in consumer staples stocks outweighed gains for consumer discretionary shares. Earnings continued to roll in....
Opinion: The Fed’s inflation promises are simply not credible
With inflation running high for the last 14 months, we can sadly conclude it’s entrenched, will be difficult to conquer and is hardly the province of...
AMD Stock Is Dipping. ‘Back Up the Truck’ and Buy, Says Analyst.
Text size An AMD central processing unit for a desktop PC. Alamy Wall Street is telling investors to buy Advanced Micro Devices shares any time...
Toronto Stocks Inch Higher; Colliers Rises on 2Q Beat, Improved Outlook
By Adriano Marchese Stocks in Canada were mildly higher Wednesday mid-trading. In the session, the Canadian energy and materials sectors posted the largest declines offsetting...
India’s Central Bank Takes Steps to Stem Rupee’s Slide
India’s central bank has relaxed debt-market rules for foreign portfolio investors and allowed commercial banks to raise interest rates on nonresidents’ foreign-currency deposits in a...
Rising Interest Rates Will Crush the Federal Budget
The Federal Reserve’s policies of increasing interest rates and quantitative tightening—reducing its $8.9 trillion balance sheet—will increase the volume and cost of federal government borrowing,...
The Fed Gives Banks a Clean Bill of Health. The Stock Market Hasn’t.
The biggest commercial banks survived in the Federal Reserve’s nightmare hypothetical scenario of an economic collapse. A real-world test is coming. To be sure, if...
Small Businesses Fall Behind on Hiring as Inflation Takes a Toll
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MicroStrategy shares slump as bitcoin margin call looms
MicroStrategy has vowed never to sell any of the approximately 130,000 bitcoin it has in its possession. The question after the weekend’s slide in cryptocurrency...