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Invezz news releases related Invezz news releases and Invezz press releases from 01/12/24 03:47:34 on US and Canada Markets.
2024-01-12 15:47:34 ET UnitedHealth Group Inc (NYSE: UNH) is down 3.0% today even though it reported market-beating results for its fiscal fourth quarter. Why is UnitedHealth stock down on Friday? Investors are concerned primarily because managed care company saw higher-than-exp...
2024-01-12 10:51:20 ET Citigroup Inc (NYSE: C) just announced plans of lowering its global headcount by 10%. Its shares are paring back intraday gains at writing. How many employees will be laid off? The investment bank will lay off about 20,000 of its employees over the “...
2024-01-12 10:28:47 ET Bank of America Corporation (BAC) has released its Q4 earnings report, revealing a mixed performance that defies Wall Street expectations. The financial giant posted adjusted earnings per share (EPS) of $0.70, beating the analyst estimate of $0.64. However, no...
2024-01-12 10:10:36 ET Alibaba (NYSE: BABA) stock price has underperformed the market in the past few years. After peaking at $315 in 2020, the stock has plunged by over 76%, making it one of the worst-performing big-tech stocks. Its market cap has dropped to $184 billion. In this p...
2024-01-12 08:25:29 ET BlackRock Inc (NYSE: BLK) is in focus this morning after announcing plans of buying Global Infrastructure Partners for about $12 billion. Details of BlackRock – GIP agreement The asset manager expects this cash and stock deal to help expand its foot...
2024-01-12 07:11:35 ET Wells Fargo & Co (NYSE: WFC), on January 12 th , reported a 9.0% increase in its fourth-quarter net income on the back of a 17% jump in noninterest income. Why is Wells Fargo stock trending down? The financial services behemoth saw its net income c...
2024-01-12 04:45:34 ET In a swift move, Robinhood has fulfilled its commitment to users as all 11 spot Bitcoin ETFs approved by the SEC are now live on the platform. However, amid the excitement, Vanguard has taken a different stance, announcing on Thursday that users with its b...
2024-01-11 13:38:59 ET Nvidia Corp. (NASDAQ:NVDA) hit a record of above $550 on Thursday, extending its winning streak in 2024. Notwithstanding, the gains in the past 12 months are 6 times higher than its composite NASDAQ index. Consequently, NVIDIA is up 239%, with the gains expected t...
2024-01-11 13:01:35 ET Boeing Co (NYSE: BA) lost another 1.0% on Thursday after the FAA said it has launched a probe into the aerospace and defense company. Details of the FAA investigation announced today The Federal Aviation Administration is investigating whether Boeing ...
2024-01-11 12:08:25 ET Chewy Inc (NYSE: CHWY) has been a disappointment for its shareholders in recent weeks but a Barclays analyst says it will come back strongly over the next twelve months. Chewy stock has upside to $30 Trevor Young upgraded the pet food retailer to “o...
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