Intel, Chevron, American Express, Silvergate and more
Intel said April 5, 2022 that it has suspended all business operations in Russia.Paco Freire/Sopa Images | Lightrocket | Getty ImagesCheck out the companies making headlines before the bell:Intel — The chipmaker suffered a 9% loss in its shares in early morning trading after its latest financial results missed analysts’ estimates and showed significant declines in the company’s sales, […]
‘He claims it’s his home’: My mother left her Florida house to all of her children. Our brother lives there — and has no plans to move. How do we get him out?
Dear Quentin, My mother passed away three years ago and left the house to my brother, my sister and me. What little was left in her bank account was distributed among the three of us. Our brother is still living in the family home. He pays the taxes, insurance and utilities to live there. The […]
This 72-year-old is hoping to fund her retirement on GoFundMe
GoFundMe campaigns have been raising piles of cash for older Walmart workers who want to retire — but the heartwarming stories about sudden windfalls mask a dark reality about economic security and growing old in America, say retirement experts.“This is not a feel-good story, this is about the failure of our retirement system,” said Teresa […]
New Zealand January business confidence -52.0 (prior -70.2) Activity -15.8 (prior -25.6)
ANZ New Zealand Business Survey – ANZ remarks on the results: Business people appear to have come back from holiday in slightly better spirits. Some of the shock value of the November rate hike and talk of a “deliberately engineered” recession appears to have worn off, though most indicators remain at very subdued levels. The […]
Intel stock drops nearly 10% after earnings miss, execs predict quarterly loss as data-center market shrinks
Intel Corp. shares dropped more than 9% in the extended session Thursday after the chip maker reported a big miss for the fourth quarter, forecast a loss for the first quarter, said the data-center market was contracting and that inventory digestion will gnaw at margins. Intel INTC, +1.31% executives forecast an adjusted loss of 15 […]
Intel, Visa, Hasbro and more
The Intel Corporation logo is seen at a temporary office during the World Economic Forum 2022 (WEF) in the Alpine resort of Davos, Switzerland May 25, 2022.Arnd Wiegmann | ReutersCheck out the companies making headlines in after-hours trading.Intel — Shares of Intel plunged 8.2% after the company reported earnings that missed on the top and […]
Chevron, Tesla, Seagate Technology, United Rentals and more
Check out the companies making headlines in midday trading.Seagate Technology — Shares of the data storage company surged 10.9% a day after Seagate posted beats on the top and bottom line for its fiscal second quarter. Seagate reported earnings of 16 cents per share on revenue of $1.89 billion. Analysts called for earnings of 10 […]
Corporate Layoffs Spread Beyond High-Growth Tech Giants: WSJ
Dow, IBM and SAP say they will lay off thousands of workers as belt-tightening becomes the new business priority. Source link
How Kobe Bryant made his $600 million fortune — and who is in charge of it now
It’s been three years since NBA legend Kobe Bryant, his daughter Gianna, and seven others tragically died in a helicopter crash in Los Angeles in January 2020. Bryant was an NBA Most Valuable Player, five-time NBA champion, and one of the most influential players who has ever picked up a basketball. He was also a […]
Southwest, Tesla, Las Vegas Sands
A Southwest Airlines Co. Boeing 737 passenger jet pushes back from a gate at Midway International Airport (MDW) in Chicago, Illinois.Luke Sharrett | Bloomberg | Getty ImagesCheck out the companies making the biggest moves premarket:Southwest — The airline dropped 2.1% after reporting a $220 million loss for the fourth quarter after the holiday meltdown cost […]