Check out the companies making headlines in midday trading. Roku — Streaming platform Roku jumped 11% after the company reported a surprise adjusted profit for its third quarter. The company posted 9 cents in earnings per share on $452 million in revenue. Analysts had projected a loss of 40 cents per share and $366 million
Month: November 2020
2011 Gain: $32.87 (60%) 2011 Closing price: $87.61 Last year, investors turned away from HMO stocks such as this, fearing the impact of a new health care overhaul rule involving medical-loss ratios. However, Humana showed it was able to manage the new regulation and in October delivered better-than-expected profits and a better-than-expected forecast for 2012.
bymuratdeniz | E+ | Getty Images The standard monthly premium for Medicare Part B will be $148.50 in 2021, officials announced Friday. The $3.90 increase is 2.7% more than the 2020 figure of $144.60, according to information released by the Centers for Medicare and Medicaid Services. The deductible for Part B, which covers outpatient care,
getty Do you want to know what’s hot? ESG-based investing is hot. These factors include those dealing with environment, social and governance issues. “No one wants to be the person who cuts down the last Lorax tree,” says Paul Tyler, Chief Marketing Officer at Nassau Financial Group in Hartford. “As much as we want to
getty The Internal Revenue Service (IRS) is reminding qualified college students that it’s not too late to register for a stimulus check. If you are a self-supporting student and don’t need to file a tax return, you have until November 21 to register to get your stimulus check (also called an Economic Impact Payment, or EIP)
Elik Jaeger President & CEO at SuiteSpot Technology, frictionless facilities management PropTech for multifamily operators. getty The multifamily housing business is a great business to be in. Every day we have the opportunity to provide a wide variety of people with what most believe is among the most fundamental of human needs. From a business perspective,
Democratic U.S. presidential nominee Joe Biden smiles as he takes off his mask to speak about the voting results of the 2020 U.S. presidential election during an appearance in Wilmington, Delaware, U.S., November 4, 2020. Kevin Lemarque | Reuters President-elect Joe Biden is expected on Monday to announce the members of his coronavirus task force,
SINGAPORE — A Biden administration will likely maintain a tough stance on China, but the U.S. rhetoric could soften — and that may help soothe market jitters, chief executive of a major Asian bank said on Thursday. The race to the White House remains too close to call but Democratic candidate Joe Biden appears closer
Warren Buffett Gerard Miller | CNBC As the coronavirus pandemic weighs on its operating earnings and stock price, Berkshire Hathaway ramped up its stock repurchasing program even more in the third quarter, nearly doubling the record buyback from the second quarter. Warren Buffett’s conglomerate bought back $9 billion of its own stock, it was revealed
A man fills out paperwork while waiting for his number to be called at an unemployment event in Tulsa, Oklahoma on July 15, 2020. Nick Oxford for The Washington Post | Getty Images Vicki Honeycutt lost her job in March, one of millions laid off in the early days of the coronavirus pandemic. To make
SEC whistleblowers say financial intermediaries serving as custodians, recordkeepers and trustees to … [+] 401ks and pensions systemically conceal and pocket billions in mutual fund “omnibus” payments which rightfully belong to retirement plans. getty Three SEC whistleblowers say financial intermediaries serving as custodians, recordkeepers and trustees to 401ks and pensions systemically conceal and pocket billions
It’s taken a few days longer than expected, but early this morning, every major news network called the 2020 election in favor of former Vice President Joe Biden, who will become the 46th President of the United States. This news appears to have not been particularly well received by the 45th President, the incumbent Donald
Priscilla Chan and her husband, Mark Zuckerberg, pictured in 2020. Ian Tuttle/Getty Images for Breakthrough Prize Proposition 15, a ballot initiative to raise taxes on commercial properties in California, has failed to secure a majority of votes in the state as of Friday, November 6, and appears unlikely to be written into law. As of
In the spring, U.S. medical workers were heralded as heroes. But by the fall, the rhetoric had started to shift, with the public growing increasingly fatigued by the coronavirus pandemic and President Donald Trump accusing doctors of inflating Covid-19 death counts for money. With the death toll from the coronavirus continuing to tick up, many
Richard ‘Rich’ Barton, co-founder and CEO of Zillow Inc. Andrew Harrer | Bloomberg | Getty Images Zillow shares climbed more than 8% in extended trading on Thursday after the digital real estate company reported third-quarter estimates that blew past analysts estimates and offered a better-than-expected forecast for the fourth quarter. A combination of record low
Omar Marques | LightRocket | Getty Images The U.S. government seized an unprecedented $1 billion worth of bitcoin linked to criminal marketplace, the Silk Road. Thousands of bitcoins were taken by law enforcement this week, in what the Justice Department said was the largest seizure of cryptocurrency in the history of the agency. “Silk Road
It just got easier for residents of major world cities to find the best tipples in town. The World’s 50 Best Bars were announced on Nov. 5 in London via a virtual awards ceremony, with the city’s Connaught Bar clinching the No. 1 spot. The bar — which ranked No. 2 last year — traded
Americans appear to want divided government, and that could spell good news for growth stocks, CNBC’s Jim Cramer said Wednesday. “Finally, we can stop fretting about politics and start focusing on business and your money again, because a divided Congress and a blue White House … is nirvana for growth stocks,” the “Mad Money” host
Ozge Yagmur / EyeEm | EyeEm | Getty Images Voters in four states on Tuesday greenlighted measures to legalize and tax recreational marijuana for adults. Arizona, Montana, New Jersey and South Dakota have joined the 11 states that have already legalized recreational pot. Those other states are Alaska, California, Colorado, Illinois, Maine, Massachusetts, Michigan, Nevada,
By Kerry Hannon, Next Avenue Entrepreneur Dennis Bozzi Dennis Bozzi Starting a business on a wing and a prayer is a fool’s game. That’s why older Americans eyeing entrepreneurship, perhaps in response to a layoff or an early retirement package, are seeking courses and programs to learn business skills and explore the possibility of being
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