Check out the companies making headlines after the bell: Shares of Bed Bath & Beyond initially jumped before reversing to trade 6% lower after hours Wednesday following the release of the retailer’s mixed fourth quarter earnings. Bed Bath & Beyond posted earnings per share of $1.20 on revenue of $3.31 billion. Wall Street projected earnings
CNBC’s Jim Cramer on Wednesday took a deeper look at Dirty Lemon, the health-conscious drink owned by Iris Nova, to understand how its business model could help keep down inflation: embrace the honor system. “If this method catches on, it’s easy to see how our economy can keep growing with hardly any meaningful wage inflation,”
The lack of financial understanding by consumers has been signaled as one of the main reasons behind savings and investing problems faced by many Americans. To that point, a variety of financial research and reports have made it clear that we, as a country, need to focus on financial literacy. The TIAA Institute-GFLEC Personal Finance
Share to facebook Share to twitter Share to linkedin It’s no surprise that parents caught in the middle of the sandwich generation are feeling financially stress and strained. What is surprising, however, is the impact this family dynamic is having on our children. The sandwich generation is the term used when a parent is caring
Share to facebook Share to twitter Share to linkedin Getty It’s my annual Taxes from A to Z series! This time, it’s Tax Cuts and Jobs Act (TCJA) style. If you’re wondering whether you can claim house office expenses or whether to deduct a capital loss under the new law, you won’t want to miss
New Yorkers need to earn $85,027 per year to spend less than 30% of their income on rent for a median-priced one-bedroom, Apartment List found. Getty If you’ve aged out of your 20s but are still living with roommates in New York (or one of the country’s other most expensive cities), it’s OK to cut yourself some
An interview and Q&A with billionaire and founder of the quantitative hedge fund Renaissance Technologies, James Simons. In this interview, James discusses his quantitative approach to investing and how this has evolved over his career. James also talks about fundamental trading and how his management style has helped make Renaissance Technologies so successful. Like if
Oprah Winfrey has tapped Prince Harry to help it make a new TV show for Apple’s planned online streaming service, Apple TV+. Prince Harry is the latest of a long string of global celebrities to be attached to an Apple production. In addition to British royalty, Apple has tapped Hollywood royalty to produce and star
Quraterly earnings for the S&P 500 are expected to decline for the first time since the second quarter of 2016, even though the index is just 2% from its historic high. First-quarter earnings for the S&P 500 are projected to decline 2.5% from last year, according to Refinitiv consensus estimates. Stocks up with earnings down?
The “Fast Money” traders shared their first moves for the market open. Pete Najarian was a buyer of Levi Strauss. Tim Seymour was a buyer of Home Depot. Karen Finerman was a buyer of JPMorgan. Dan Nathan was a seller of the Industrials ETF. Trader disclosure: Pete Najarian is long calls AAL, AMD, ASHR, BP,
Private jet company Vista Global agreed to acquire JetSmarter, betting that the value of JetSmarter’s technology will outweigh the controversy and lawsuits still dogging the company. Terms and price weren’t disclosed. The deal, once approved, will be an equity swap, with JetSmarter investors receiving equity in Vista Global. Vista said it plans to integrate JetSmarter’s
Lloyd Blankfein is enjoying retirement. As his former fellow bank CEOs endured a multi-hour grilling in a Congressional hearing today, the ex-leader of Goldman Sachs tweeted sarcastically that he really missed his old job. Tweet Blankfein, who stepped down as Goldman CEO in October, tweeted a link to an article on the House Financial Services
When investors are deciding where to stash their cash for retirement, there are several options. Americans rely more and more on saving in their employer-sponsored 401(k) plans — which are heavily funded by tax-deferred salary deferrals from the employee and tax-deferred employer matching contributions. Once employment ends, these 401(k) plan accounts are often rolled over
As student debt grows, so do the plans to squelch it. A new federal program offers up to $75,000 in student loan relief for those who work for three years in the health-care field, battling the opioid epidemic. South Korean automaker Hyundai announced this month that it will give $900 to people with student debt
Parents generally want their children to attend university for the primary purpose of securing a better future and gaining a higher level of education to ultimately obtain a well-paying job. Recent reports have shed light on alleged schemes by some wealthy parents to get their children into certain colleges or universities. This includes many parents, including
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 addresses delayed retirement credits (DRCs) in the absence of filing and suspending, when DRCs can be earned, eligibility for both retirement and widow(er)’s benefits, public pensions and benefits and maximizing
Are you thinking of getting started with real estate investing? Real estate investments — in all of their varied forms — continue to attract capital, because of their ability to provide solid returns in a world of falling interest rates. Real estate investment trusts (REITs) and private equity (PE) real estate funds have been helping to boost returns
An interview with billionaire Private Equity titian and co-founder of The Carlyle Group, David Rubenstein. In this interview, David discusses his life and the lessons he has learnt along the way. David also talks about how he got started in Private Equity and creating the Carlyle Group. ????Books recommended by David Rubenstein are located at
European stocks are set to open slightly higher Wednesday morning, with EU leaders likely to grant British Prime Minister Theresa May a second delay to Brexit. The FTSE 100 is seen little changed from the previous session at 7,427, the CAC is expected to open up around 7 points at 5,443, while the DAX is
Apparel maker PVH on Wednesday forecast full-year adjusted profit and sales above Wall Street expectations, banking on higher demand for its Tommy Hilfiger branded apparels and accessories. Shares of the Calvin Klein owner, which also reported better-than-expected fourth-quarter sales and profit, rose 10 percent after the bell. The New York-based company has been giving lesser