An Abercrombie & Fitch store in San Francisco. Getty Images Shares of Abercrombie & Fitch tanked Wednesday morning after the teen apparel retailer reported weaker-than-expected same-store sales growth and said it plans to close three more of its flagship stores, including a Hollister location in New York. Its stock was down more than 16% in
Month: May 2019
Canada Goose brand parkas in a store in New York. Noam Galai | WireImage | Getty Images Check out the companies making headlines midday Wednesday: Canada Goose — Canada Goose shares plummeted more than 26% after the company issued disappointing full-year revenue guidance. The company said it expects revenue to grow at least 20% in the
Scott Olson | Getty Images News | Getty Images Doug Boneparth may not have the Twitter reach of Taylor Swift or Barack Obama, but the 24,000 people who follow the financial planner took to heart a recent message. It proved that 280 characters can be worth at least $1,000. The tweet did not exactly go
A trader takes an order in the Standard & Poor’s 500 stock index options pit at the Chicago Board Options Exchange following the Federal Open Market Committee meeting on January 25, 2012 in Chicago, Illinois. Scott Olson | Getty Images News | Getty Images Corporations have been the biggest buyers of stock during the bull
Certified financial planner Ken Waltzer has an older female client who suffers from congestive heart failure. Given the high cost of her prescriptions, Waltzer recently became concerned by how much money she and her husband were spending. “I suggested that maybe I should talk to her doctor about her medications,” said Waltzer, co-founder and managing
MangoStar_Studio | iStock | Getty Images The hottest workplace benefit for the newly-graduated set isn’t 401(k) matches or even student debt repayment. It’s health insurance. More than half of the people participating in a survey conducted by the American Institute of CPAs said medical coverage was a “top three workplace benefit.” The accounting association polled
Many business owners started as employees on payroll for larger corporations. Because of this, they likely understand the importance of providing benefits like 401(k) programs for their own workers. However, as the person in charge of deciding on benefits for your team, you might feel intimidated about the financial and administrative aspects of managing a
Social Security may be one of your largest assets. What and when you collect will make a huge difference to your lifetime benefits. Today’s column examines how married couples can file for benefits in sequence, qualifying for early Social Security benefits, logistics of applying, the earnings test and whether filing for early reduced retirement benefit
Abercrombie & Fitch shares slumped 25% on Wednesday after its sales outlook disappointed and the company said mall traffic has declined. (Photo by Justin Sullivan/Getty Images) Getty Images Abecrombie & Fitch shares slumped 25% Wednesday after the clothing retailer for teens and college-age consumers reported disappointing sales growth and outlook and said it will shut
Bed Bath & Beyond settled a months-long spat with a trio of activist investors on Wednesday, saying it would nominate four new members to its board of directors in addition to finding a permanent replacement for former CEO Steven Temares. Bed Bath & Beyond also agreed to form a committee that, among other duties, will
European shares are set to begin Wednesday’s session in the red amid worries over the U.S.–China trade war and a potential budget standoff between Italy and the EU. European Markets: FTSE, GDAXI, FCHI, IBEX Britain’s FTSE 100 is seen sliding 42 points to 7,229, Germany’s DAX off by 90 points at 11,933, and France’s CAC
Jeff Bezos, founder and CEO Amazon.com, and his wife Mackenzie Bezos. Getty Images MacKenzie Bezos joined some of the world’s wealthiest people in a pledge to give away at least half of their wealth to charitable causes. The Giving Pledge, which was started by Warren Buffett and Bill and Melinda Gates in 2010, announced Bezos’
Robinhood Markets, known for its popular free stock-trading app, is on its way to at least a $7 billion valuation. The Menlo Park, California-based start-up has ushered in at least $200 million in a late-stage funding round that would put its valuation between $7 and $8 billion, according to two people familiar with the deal,
Former NBA champion-turned-entrepreneur John Salley has one important money rule to live by: Don’t let it guide what you want to do in life. “Go for success, figure out how to do something that will make you happy while doing it, and the caveat is money comes along with it,” he said. “Don’t let money
I handled all the household finances and bills throughout my 32-year-marriage to my husband, Dale. But when he suddenly died of a massive heart attack at 57 last year, I was so traumatized by the loss, I couldn’t think clearly about managing his life insurance proceeds. In an instant, I had more cash rolling in
After talking with one of out nation’s top attorneys, who recently filed a class action suit against Social Security, it appears to be both legal and practicable to pursue class action suits against the Social Security Administration if it has scammed a class of beneficiaries out of their full, rightful, and hard-earned lifetime benefits. I’ve
When she first went to Blantyre, a hotel in the Berkshires, Linda S. Law loved it so much she made it her life’s mission to buy the property. Photo courtesy of Dani Fine Photography Have you ever fallen so deeply in love with a hotel that you thought to yourself: “I could live here”? That’s
PayPal‘s shares was one of the best market performers Tuesday despite the tie up between Global Payments and Total System Services that’s worth $21.5 billion of stock, CNBC’s Jim Cramer said. The stock climbed 1.72% during the same session that two major indexes declined nearly 1%. “Every time you see competitors teaming up to try to take share
Factories in China’s Shandong province. Zhang Peng | LightRocket | Getty Images Judging by the latest reports from Chinese companies, the world’s second-largest economy still has a challenging stretch ahead. Take earnings reports in the last few weeks from the country’s technology giants: Then on Monday, China’s National Bureau of Statistics said industrial profits fell
With the Trump administration blacklisting Huawei, China’s biggest tech player, we’ve seen stocks suffer and trade tensions heighten. The company makes phone and networking equipment, but according to the U.S. government, it’s also also a security risk for 5G networks. As the dispute continues, what does this mean for the global tech sector and the
- « Previous Page
- 1
- 2
- 3
- 4
- 5
- 6
- …
- 36
- Next Page »