Investors see stock splits as a positive, but reverse stock splits are often seen as indicating the opposite. Companies that resort to reverse stock splits in order to keep their share prices above regulatory minimums are often in considerable trouble. Why is Invesco Mortgage Capital such a big dividend payer?
Netflix (NFLX) shares are falling Friday morning to which Wall Street analysts attribute to the streamer's miss on second-quarter guidance estimates and its decision to omit subscriber figures from future earnings reports next year. Morning Brief Anchors Seana Smith and Brad Smith review how analysts are responding to Netflix's first-quarter earnings, looking back on Citi Managing Director Jason Bazinet's comments to Yahoo Finance. For more expert insight and the latest market action, click here to watch this full episode of Morning Brief. This post was written by Luke Carberry Mogan.
Dow Jones rose Friday afternoon. Netflix plunged after earnings. Nvidia and SMCI triggered sell signals while Bitcoin's halving looms.
With the panel selected, Donald Trump’s trial can enter its next stage, with opening arguments expected on Monday
Dune: Part Two director Denis Villeneuve has responded to Stilgar's scenes being turned into memes following the movie's release.
Grab a forgiving warm-weather frock beloved by nearly 35,000 fans while it's over 40% off.
NEW YORK (AP) — Emergency crews rushed away a person on a stretcher after fire was extinguished outside the Manhattan courthouse where jury selection was taking place Friday in Donald Trump's hush money criminal case. No other details were immediately available from police. A full jury of 12 people and six alternates had been seated in Trump’s hush money case just minutes earlier, drawing the first criminal trial of a former U.S. president a step closer to opening statements. THIS IS A BREAKING
U.S. investment company KKR's proposed buyout of Telecom Italia's (TIM) fixed-line access network will be decided by EU antitrust regulators by May 30, according to a European Commission filing on Friday. The former phone monopoly said earlier on Friday that KKR had sought approval from the EU competition enforcer for the proposed deal. The Commission can clear the deal with or without remedies during its preliminary review or it can open a four-month long investigation after the initial scrutiny if it has serious concerns.
Teamsters local unions in three states filed unfair labor practice charges against PepsiCo with the U.S. National Labor Relations Board, the union said on Friday. The charges were filed by five Teamsters local unions in the states of Illinois, Indiana and Iowa over PepsiCo's work rules that prohibit workers from discussing wages, hours, or other terms or conditions of employment, according to the union. PepsiCo did not immediately respond to a request for comment.
The 53-year-old former Premier League winner previously worked as Manchester City’s academy director.
Moncton will get $250,000 less than first promised for the Avenir Centre plaza from the Moncton Wildcats hockey team.The Quebec Maritimes Junior Hockey League team, owned by one of New Brunswick's richest families, pledged $1 million toward the plaza beside the 8,800-seat arena downtown that opened in 2018."The plaza provides community with something unique and will provide the city with an advantage in being able to attract events of all sizes," team president Robert Irving said during a 2018 n
Alejandro Garnacho has apologised for liking a critical social media post while Sancho starred for Dortmund in this week’s Champions League
Labour also turns down European Commission’s proposal, which would allow young Britons to live, study and work in EU
The Federal Reserve's path on monetary policy remains uncertain, with investors now debating when the central bank will start cutting rates. Santander Chief US Economist Stephen Stanley joins Yahoo Finance to discuss the evolving outlook for Fed rate cuts. Stanley acknowledges that recent inflation data "is much more stubborn" than the Fed had anticipated, and he expects it to take "most of the year" before the Fed gains enough confidence to embark on a rate-easing cycle. However, Stanley points out "the good news" is that the Fed can afford to be patient because the economy continues to demonstrate resilience, outperforming expectations. If the economy were to experience a downturn and head into a recession, Stanley cautions that "all bets are off" regarding the Fed's policy path. However, if economic performance remains robust, he expects the prospect of rate cuts to continue being pushed back, reiterating that the Fed may need to see some labor market deterioration before cutting rates. For more expert insight and the latest market action, click here to watch this full episode of Yahoo Finance. This post was written by Angel Smith
Six agencies, including the Federal Deposit Insurance Corp (FDIC) and the Office of the Comptroller of the Currency (OCC), are involved in developing the plan, the report said, adding that the measure could be proposed in the coming days. The Federal Reserve is not involved in drafting the proposal, the report said. Executive pay on Wall Street has long been a hot-button issue, with critics pushing for restrictions and arguing for more stringent clawback provisions.
Ontario mediators have called striking airline catering workers back to the table for talks with employer Gate Gourmet, Teamsters Canada said Friday. About 800 food service staff at Toronto's Pearson airport went on strike Tuesday, leaving thousands of passengers without meals this week. The workers cook, package and deliver food and beverages to planes for service on board, with Air Canada and WestJet having to limit meal offerings after the job action. Air Canada acknowledged that some long-ha
A guaranteed basic income program pilot in Seattle gave 102 low-income residents $500 monthly. Employment among the participants nearly doubled.
The House has renewed its push on legislation that would ban TikTok if its Beijing-based parent company doesn’t divest from the popular social media platform, escalating the fight over the hot-button issue. The TikTok legislation, which was included in a package of bills that would send aid to Ukraine and Israel, could become law as soon as next week if Congress moves quickly. Here’s what you need to know: What’s in the House bill? In March, the House passed legislation that would require ByteDa
Tit-for-tat attacks have breached taboo of direct strikes on each other’s territory but Tehran has no ‘immediate’ plans to retaliate
Police say they are reviewing "information" about Conservative MP Mark Menzies after Labour asked for an investigation into claims he misused party funds. Labour Party chair Anneliese Dodds wrote to Lancashire Police asking for an inquiry after The Times reported he had made a late-night phone call to an aide asking for funds to pay off "bad people". Mr Menzies told the paper he contests the allegations against him.
Officers consider Labour call for Lancashire force to investigate
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