GM Reinstates Quarterly Dividend Suspended Since Start of Covid-19 Pandemic

General Motors Co. GM 1.81% mentioned Friday it plans to reinstate its quarterly dividend, after suspending it in April 2020 to protect money in the course of the early days of the Covid-19 pandemic. The Detroit auto maker additionally mentioned it plans to renew opportunistic share repurchases, saying progress on key initiatives has instilled confidence […]

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Deere Stock Tumbles as Earnings Miss Expectations

Textual content measurement Greater crop and meals costs have a tendency to spice up demand for Deere merchandise. Justin Sullivan/Getty Photographs Deere reported fiscal third-quarter earnings that missed analysts’ expectations and the inventory fell greater than 7% in premarket buying and selling. The corporate additionally diminished its earnings steering vary for the fiscal yr to […]

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Stock Futures Tumble Amid Mixed Signals on the Pace of Rate Hikes

Textual content measurement Investor focus stays on the Federal Reserve’s tempo of future interest-rate will increase. Spencer Platt/Getty Pictures Stock futures pointed to a decrease begin for Wall Road Friday as traders contended with blended indicators from the Federal Reserve on the tempo of future interest-rate hikes and indicators of a resilient U.S. financial system. […]

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China Stocks Are No Longer a Sure Factor. Where to Invest Now.

For many years, China has been synonymous with quick progress. Multinational firms invested billions in provide chains and manufacturing hubs, and catered to the hundreds of thousands of Chinese language who climbed out of poverty into a rising center class. Traders reaped strong returns. No longer. This highly effective engine of worldwide progress is sputtering, […]

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Chip stocks tanked as pandemic demand for electronics slumped, but there are still some winners

After two years of unprecedented chip gross sales and demand associated to the COVID-19 pandemic, a long-feared reversal has struck the semiconductor trade, but some markets are still performing strongly — for now. Wall Street analysts have been expecting a turnaround in the chip sector for months. And as pandemic-era shortages eased and clients understand […]

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Verizon has ‘few palatable choices,’ analyst says in downgrade

Verizon Communications Inc. is in a “particularly difficult position” given present wireless-industry tendencies, and that dynamic has one analyst taking a extra downbeat view on the shares. MoffettNathanson analyst Craig Moffett minimize his score on the telecommunications inventory to underperform from market carry out Thursday, writing that he continues to see “no easy answers” for […]

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