Enphase reports weaker quarter, and this time its U.S. business is not the problem
Enphase Energy Inc. shares fell more than 12% in the extended session Tuesday after the maker of solar microinverters and battery systems reported weaker quarterly results and called for lower sales ...
Texas Instruments earnings show some improvements, despite weak industrial sales
Texas Instruments (TXN), seen as a bellwether for the semiconductor industry in part because of its early reporting date, saw sequential declines in its industrial business but sequential growth in ...
Starbucks' latest financials sink shares, as CEO says it's 'harder to be a customer than it should be'
CEO Brian Niccol, who joined Starbucks (SBUX) from Chipotle Mexican Grill Inc. (CMG) last month, said in a video presentation that the company had lost track of its identity as a coffee chain, and ...
The True Tax Benefit of IRAs and 401(k)s
Traditional IRA accounts and 401(k) plans each carry the same tax structure. Until their contribution limits are reached—in ...
Philip Morris International Continues to Enjoy Growth from a Geographic and Product Diversity
Philip Morris International’s balance sheet reflected elevated leverage from the acquisition of Swedish Match. Net debt/consolidated EBITDA was 3 times, up significantly from 1.6 times at the end of ...
McDonald's stock drops as Quarter Pounders linked to E. coli outbreak, CDC says
McDonald's shares (MCD) dropped about 6% in the extended session after ending the regular trading day down less than 0.1%. If that holds up through Wednesday's trading, it would be the stock's worst ...
Pfizer Receives Expanded FDA Approval for RSV Vaccine — Update
Tuesday's approval makes Abrysvo the first RSV vaccine indicated for adults younger than 50, the biopharmaceutical company said. Last year, it was approved for use by those 60 years and older, as well ...
Alabama's Southeast Energy Sells $760.6 Million of Bonds as Part of LIPA Agreement
Alabama-based cooperative district Southeast Energy Authority sold $760.6 million of energy supply revenue bonds, with proceeds slated for purchases of electricity that it will sell to the Long Island ...
Tech Up on AI Bets — Tech Roundup
Nvidia Chief Executive Jensen Huang told business technology leaders that their companies must become AI-powered organizations to prepare for what he calls a "new industrial revolution." One ...
Consumer Cos Down as Rate Fears Weigh on Property Cos — Consumer Roundup
Discounter Target vowed to cut prices on 2,000 additional items ahead of the holiday season, as retailers attempt to ease pressure on inflation-weary consumers. So far, consumer spending has been ...
Moody's Wide Moat and Profits Revolve Around Its Ratings Business
We assign a Medium Morningstar Uncertainty Rating to Moody’s.
McDonald's Shares Fall After CDC Says E. Coli Outbreak Linked to Quarter Pounders — Update
Shares of McDonald's are trading in the red after the Centers for Disease Control said it's investigating an e.coli outbreak that's been linked to Quarter Pounder burgers that has left one person dead ...