Financial performance
- Stock Market
Philips says it will cut 6,000 extra jobs by 2025 as it swings to a loss
Royal Philips NV on Monday said it will cut an extra 6,000 jobs by 2025, including around 3,000 this year,…
Read More » - Stock Market
Could Big Tech layoffs keep growing? Apple, Amazon, Facebook and Google may give hints in biggest week of earnings.
In the biggest week of the holiday-earnings season, Big Tech results will receive the spotlight amid thousands of layoffs that…
Read More » - Stock Market
U.S. pending home sales rise 2.5% in December. Realtors say the housing market is in recovery mode.
The numbers: U.S. pending-home sales rose 2.5% in December, reversing a six-month losing streak, according to the monthly index released…
Read More » - Stock Market
Bed Bath & Beyond stock plunges more than 20% after filing shows default on loans
Bed Bath & Beyond Inc. shares plunged more than 20% and were halted Thursday afternoon, after the retailer disclosed in…
Read More » - Stock Market
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…
Read More » - Stock Market
U.S. new home sales rise by 2.3%, despite broader sector weakness
The numbers: U.S. new home sales rose 2.3% to a seasonally-adjusted rate of 616,000 in December, from a revised 602,000…
Read More » - Stock Market
Charles Schwab blasts NYSE over stock-trading glitch
Retail brokerage Charles Schwab late Wednesday publicly criticized the New York Stock Exchange for its handling of a trading glitch…
Read More » - Stock Market
SAP to cut nearly 3,000 Jobs, weighs Qualtrics stake sale
SAP SE SAP, -3.62% is embarking on a restructuring program that will affect some 2,800 employees as the German business…
Read More » - Stock Market
This dividend-stock ETF has a 12% yield and is beating the S&P 500 by a substantial amount
Most investors want to keep things simple, but digging a bit into details can be lucrative — it can help…
Read More » - Stock Market
Earnings Watch: Microsoft, Tesla and Intel are about to face the doubters
After one of the worst years in Wall Street’s history, investors have some serious questions for companies. As holiday returns…
Read More »