An employee works inside an Office Depot Inc. Susana Gonzalez | Bloomberg | Getty Images Company: ODP Corp. (ODP) ODP Corp. is a provider of business services, products and digital workplace technology solutions to small and medium businesses. The company has a fully integrated business-to-business distribution platform of approximately 1,300 stores and online presence. The
Month: January 2021
Daniel Acker | Bloomberg | Getty Images These stocks are making some of the largest moves in midday trading: Mondelez International — Mondelez, which owns snack brands including Oreo and Ritz, dipped 2% despite reporting better-than-expected earnings. Modelez earned 67 cents per share, topping estimates by one cent, according to Refinitiv. Revenue came in at
The modern live-work residence was designed and built for Faiya Fredman, the late artist who was a … [+] pillar of San Diego’s contemporary art scene. Lucas Parodi | Willis Allen Real Estate Designed by a celebrated modernist for a titan of San Diego’s art scene, it’s no surprise that this modern residence off the
A real estate for sale sign shows the home as being “Under Contract” in Washington, DC, November 19, 2020. Saul Loeb | AFP | Getty Images Sharp gains in home prices and a slight rise in interest rates combined to weaken demand for mortgages last week. Total mortgage application volume fell 4.1% from the previous
Federal Reserve Bank of Dallas President Robert Kaplan predicted an “enthusiastic” internal discussion over the U.S. central bank’s massive bond-buying program, while vowing to be patient in judging when the economy has made sufficient progress to warrant scaling it back. “I don’t want to associate or even think about associating a time frame with that,”
The Robinhood website home screen on a smartphone. Gabby Jones | Bloomberg | Getty Images Restrictions on Robinhood traders are still tight and getting tighter throughout the day on Friday, now only allowing GameStop holders to buy a single additional share. The stock trading app has also expanded its list of restricted stocks from 13
The Reddit forum WallStreetBets logo on a smartphone arranged in Sydney, Australia, on Thursday, Jan. 28, 2021. Brent Lewin | Bloomberg | Getty Images What’s next for the Reddit crowd? Wall Street seems unsure. The “blow-out-the-short-sellers game” is showing signs of exhaustion, but the ramifications are only just being felt. What traders can’t agree on is
Traders work on the floor of the New York Stock Exchange. NYSE Earnings news from Amazon and Alphabet, the important January jobs report and Washington’s discussion of stimulus could all be important to markets in the week ahead, but none of it is likely to get more attention than the short squeezes driven by retail
Miami’s hot real estate market continues getty Miami’s luxury hot luxury real estate market shows no signs of cooling down. Everyday boldface names in the media announce they are moving to Miami. From out of favor politicians to film stars to mid-list celebrities to Wall Street billionaires Miami is the current must-have address. According
A house’s real estate for sale sign shows the home as being “Under Contract” in Washington, DC, November 19, 2020. Saul Loeb | AFP | Getty Images Homebuyers signed fewer contracts to buy existing homes in December, as record high prices and record low supply stood in the way of strong demand. The pending home
Municipal secondary activity was quiet Friday but weakness in U.S. Treasuries and an unsettled equities market led to small cuts to triple-A benchmarks around the five- to 10-year part of the curve. About $7.44 billion of issuance is expected for the first week of February, up from the $5.95 billion issued the last week of
Can you make money from trading in gold? With an increasing number of technology startups diversifying and innovating in a number of different industries within the financial sector, this has in turn, has opened up many ways that retail consumers can make a little bit of cash on the side. Tomorrow Goldex, the first smart
Robinhood CEO Vlad Tenev said Robinhood’s move to stop trading in certain speculative names was in the best interest of the company and its millions of users. “In order to protect the firm and protect our customers we had to limit buying in these stocks,” Tenev told CNBC’s Andrew Ross Sorkin Thursday evening. “Robinhood is
Traders on the floor of the New York Stock Exchange. Source: The New York Stock Exchange The short squeeze craziness continues and discussions are split on three lines: the implications for trading (is there a power shift on Wall Street?), the implications for regulations (what action, if any, will the SEC take? should there be position
Visa and Mastercard credit cards. Getty Images Check out the companies making headlines after the bell: Visa — Shares of the payments giant rose 1% in extended trading on Thursday after beating on the top and bottom lines of its quarterly results. Visa reported earnings per share of $1.42 on revenue of $5.69 billion. Wall
The coronavirus pandemic has pushed millions of Americans, especially young adults, to move in with … [+] family members. getty Saving for a down payment is one of the biggest barriers to homeownership. But for the record number of young adults who moved back home during the pandemic and are fortunate to still have a job, homeownership
Herman Termeer (cq) watches the brushfire at Chino Hills State Park from the roof of his house on Tuesday, Oct. 27, 2020 in Chino Hills, CA. Myung J. Chun | Los Angeles Times | Getty Images Roughly 35 million homes, or nearly one third of the nation’s housing stock, are at “high risk” of a
Municipal yields were steady across the curve as rising U.S. Treasury yields took some of the shine off of a two-day muni rally, but inflows continued to hit records with another multi-billion week. Refinitiv Lipper reported $2.79 billion of inflows into municipal bond mutual funds for the week ending Jan. 27, a record. It was
Netflix is the highest flying FAANG stock this year. Photographer: Chris Ratcliffe/Bloomberg. You’ve heard warnings about your low-fee index fund: It’s perilously loaded with Facebook , Amazon.com , Apple , Netflix and Google (Alphabet), because the capitalization-based nature of the S&P 500 means you’re buying them at ever-higher prices. Yet the smart money (think Warren
A customer holds a GameStop shopping bag inside a store in San Francisco. David Paul Morris | Bloomberg | Getty Images Wall Street has been watching GameStop in awe as a band of Reddit-obsessed retail investors managed to push the stock up 1,500% in two weeks, squeezing out short-selling hedge funds. A wave of at-home
A worker wearing a protective face mask operates a forklift to move boxes of face shields ready for shipment at the Cartamundi-owned Hasbro manufacturing facility in East Longmeadow, Massachusetts, April 29, 2020. Adam Glanzman | Bloomberg | Getty Images The economy continued to chug along in the fourth quarter, boosted by a surge in business
A soaring grand room with a limestone fireplace, sugar pine ceiling trusses and hand-carved … [+] staircases. Slifer Smith & Frampton Real Estate Aspen is famous for skiing, its music festival and an unparalleled collection of luxurious housing. First among equals is the Peak House, the highest home in an area called Red Mountain. It
The Federal Reserve said Wednesday it would keep its benchmark interest rate near zero until the economic recovery gains ground. As the federal government rolls out a mass vaccination plan and weighs additional stimulus in the midst of the coronavirus crisis, the central bank is keeping its commitment to help everyday Americans through the pandemic. That means rock-bottom rates will
Illinois avoided the grim, early COVID-19 tax loss warnings as a recovery began quicker than expected thanks to federal stimulus and changes in consumer spending, a University of Illinois pandemic task force found. The net effect of revenue losses from the pandemic through November totaled $801 million for the state’s “big three” sources: personal and
Traders work on the floor of the New York Stock Exchange (NYSE) in New York City. Photo: Spencer… [+] Platt/Getty Images Exchange Traded Fund (ETFs) can be a great way to manage your portfolio, but you have so many choices now, so which are the best ETFs to use? This question is not as straightforward as it
SpaceX’s Crew Dragon Endeavour seen docked with the International Space Station on July 1, 2020. NASA A pair of investors are joining the first fully-private flight to the International Space Station — not as financial backers, but as the passengers flying along. Houston-based start-up Axiom Space on Tuesday unveiled that real estate investor Larry Connor
Traders work on the floor of the NYSE. NYSE Short sellers on the ropes — or are they? Short sellers clearly have picked the wrong names in January. The GameStop phenomenon — where buyers deliberately target heavily shorted stocks — is only the most recent development in a long series of failures from short sellers.
Satya Nadella, chief executive officer of Microsoft Corp., speaks during the company’s annual shareholders meeting in Bellevue, Washington, on Nov. 29, 2017. David Ryder | Bloomberg | Getty Images Check out the companies making headlines after the bell: Microsoft — Shares of the software giant popped more than 5% in after-hours trading after the company
HUD-approved housing counselors can discuss options with homeowners who are having trouble paying … [+] their mortgage. getty The Federal Housing Administration announced Tuesday that it will carry out the Biden Administration’s request to extend the deadline for financially stressed borrowers with FHA-insured mortgages to request and receive mortgage payment forbearance from their mortgage servicer. The new
A visitor looks down an empty hallway at The Fashion Mall at Keystone, Wednesday, March 18, 2020, in Indianapolis. Simon Property Group, the largest owner of shopping malls in the nation, is closing all of its malls and retail properties because of the coronavirus outbreak. Darron Cummings | AP When Macy’s Chief Executive Jeff Gennette
- 1
- 2
- 3
- …
- 6
- Next Page »