Shares of Stamps.com cut in half after company slashes earnings forecast
Stamps.com stock dropped as much as 52% in trading Thursday after the company slashed its 2019 earnings forecast.
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Shares of Stamps.com cut nearly in half after company slashes earnings forecast
Stamps.com stock dropped 47% in premarket trading after the company slashed its 2019 earnings forecast.
Financial market 'pause party' makes Fed rate cut less likely
Risk-taking has been the rage since the Federal Reserve quit hiking interest rates at the end of last year. U.S. stocks...
Nissan slams output cut report as 'completely incorrect'
Nissan Motor Co Ltd said on Friday a report by the Nikkei that it would slash production this year was "completely incor...
GE shares dive after downgrade by top analyst Tusa at JP Morgan; Price target cut to $5
J.P. Morgan's Stephen Tusa downgraded General Electric shares to underweight from Neutral and cut his 12-month pric...
No need for the Fed to enter 'panic mode' and cut rates now, says Moody's
Top White House economic advisor Larry Kudlow and Heritage Foundation fellow Stephen Moore have both said the U.S. Feder...
Likely Fed nominee Stephen Moore thinks rates should be cut by half a percentage point
The Heritage Foundation fellow backed off on earlier criticism he had for the Fed and specifically its chairman, Jerome...
It's not too soon for a Fed interest rate cut, according to this chart
The market's swift move this week to price in a quarter point interest rate cut so soon after the Fed's Decemb...
Saudi Aramco building global gas business to cut carbon footprint
Saudi Aramco, the world's biggest oil producer, was building an international gas business and converting more crud...
Bond market says not only is a recession coming, but the Fed will cut interest rates to stop it
The bond market doubled down on scary warnings Monday, signaling both a possible recession is looming and that the Fed c...
Former Fed chair Yellen says yield curve may signal need to cut rates, not a recession
Former U.S. Federal Reserve chair Janet Yellen said on Monday the U.S. Treasury yield curve may signal the need to cut i...
Gold bull sees near-term weakness because the market is 'prematurely pricing in a rate cut'
Standard Chartered's Suki Cooper expects a gold dip before prices can challenge 2018's high.
BMW delivers 2019 profit warning and plan to cut costs by 12 billion euros
BMW expects group pretax profit to fall by more than 10 percent this year, it said on Wednesday as it announced a sweepi...
Macy's to cut 100 management jobs, trim $100 million in annual costs as sales continue to slump
Macy's announces a restructuring plan that it said should help it generate annual cost savings of $100 million.
Next government shutdown: How to build a cash cushion when your income is cut off
There's one thing the 35-day government shutdown made clear: Americans aren't saving for a rainy day. Here...
Oil prices climb amid expected OPEC cut, but markets remain wary
Oil prices rose around 1 percent on Monday as traders expected top exporter Saudi Arabia to push producer club OPEC to c...
Upset by Trump's Iran waivers, Saudis push for deep oil output cut
When U.S. President Donald Trump asked Saudi Arabia this summer to raise oil production to compensate for lower crude ex...
Oil rises as OPEC, partners discuss supply cut
Oil rose on Wednesday, recouping some of the previous session's slide, on the growing prospect of OPEC and allied p...
OPEC, partners discuss oil supply cut of up to 1.4 million bpd: sources
OPEC and its partners are discussing a proposal to cut oil output by up to 1.4 million barrels per day (bpd) for 2019, t...
A Chinese Auto Tax Cut Wouldn’t Solve the Car Industry’s Big Problems
The country is reportedly planning to reduce tax on new cars to stimulate sales, but the auto industry has other problem...