Company News For May 9, 2024

Yahoo Finance
Under Armour is collapsing — And Kevin Plank has to take the blame
The Under Armour meltdown continues.
Washington Post
U.S. and Chinese automakers are headed in completely different directions
American automakers and their Chinese rivals are heading in different directions. Able to produce far more cars than they can sell in China, Chinese companies like BYD are entering markets all over the world. Their global expansion comes as major U.S. carmakers - whose once-lucrative China sales are withering - have withdrawn from promising markets such as India, Indonesia and Thailand to focus on their North American base.Subscribe to The Post Most newsletter for the most important and interest
The Motley Fool
Bull Market Buys: 2 TSX Stocks to Own for the Long Run
Are you looking for stocks that could see a bull run for decades ahead? Here are two top TSX stocks that should continue to soar! The post Bull Market Buys: 2 TSX Stocks to Own for the Long Run appeared first on The Motley Fool Canada.
Business Insider
The stock market's bull rally could last another 5 years, but it'll end in a 'spectacular bursting of a bubble,' veteran tech investor Gene Munster says
"The concept of a machine to be able to function with general intelligence to me is a 2x bigger factor than what the internet is," Gene Munster said.
The Motley Fool
Could Investing $10,000 in Aurora Cannabis Stock Make You a Millionaire?
Let's dive into whether Aurora Cannabis (TSX:ACB) could be a potential millionaire-maker stock, or a dud, over the long term. The post Could Investing $10,000 in Aurora Cannabis Stock Make You a Millionaire? appeared first on The Motley Fool Canada.
France 24
Russian court seizes millions of euros worth of German bank assets
A Russian court has ordered that Deutsche Bank's and Commerzbank's assets, accounts, property and shares be seized in Russia as part of a lawsuit involving the German banks, court documents showed. The banks were among the guarantor lenders under a contract for the construction of a gas processing plant in Russia with Germany's Linde, which was terminated due to Western sanctions.The lawsuits were filed by St Petersburg-based RusChemAlliance, a joint venture 50% owned by Russian gas giant Gazpro
The Motley Fool
Million-Dollar TFSA: 1 Way to Achieve to 7-Figure Wealth
Achieving seven-figure TFSA wealth is doable with two large-cap, high-yield dividend stocks. The post Million-Dollar TFSA: 1 Way to Achieve to 7-Figure Wealth appeared first on The Motley Fool Canada.
The Motley Fool
How Much Will Manulife Financial Pay in Dividends This Year?
Manulife stock's dividend should be safe and the stock appears to be fairly valued. The post How Much Will Manulife Financial Pay in Dividends This Year? appeared first on The Motley Fool Canada.
Barrons.com
Stocks Poised for Higher Open
STOCK ALERT U.S. stocks are poised to open higher on Monday, ahead of the release of the Federal Reserve’s May meeting minutes, more retail earnings, and fresh housing data. On Sunday, at 6:15 p.m. Eastern time, Dow Jones Industrial Average futures were up 36 points, or 0.
Bloomberg
Gold Surges to Record on Fed Rate-Cut Hopes, Rising Haven Demand
(Bloomberg) -- Gold surged to a record, boosted by increasing optimism the Federal Reserve will start easing monetary policy this year and by rising geopolitical tensions in the Middle East.Most Read from BloombergIran State TV Says ‘No Sign of Life’ at Helicopter Crash SiteEbrahim Raisi, Iranian President Confronting West, Dies at 63Speedier Wall Street Trades Are Putting Global Finance On EdgeSaudi Crown Prince Postpones Japan Trip Over King’s HealthChina’s Housing Rescue Too Small to End Cris
The Canadian Press
Five things to watch for in the Canadian business world in the coming week
TORONTO — Five things to watch for in the Canadian business world in the coming week: Inflation Statistics Canada will release its consumer price index for April on Tuesday. The reading comes after the annual inflation rate ticked up to 2.9 per cent in March compared with 2.8 per cent in February. The April reading on how fast the cost of living is rising will be closely watched by the Bank of Canada ahead of its interest rate decision on June 5. Suncor presentation Suncor Energy Inc. will hold
GOBankingRates
I’m an Average Middle-Class Retiree: Here’s How Much Savings I Have
Though your pre-retirement income alone isn't enough to determine whether you'll retire comfortably, it certainly plays a role. For example, if you're earning a middle-class salary, the amount you can...
Insider Monkey
Jim Cramer’s Latest Stock Picks in May 2024
Jim Cramer on Friday analyzed the market rally following the latest CPI data which showed inflation was easing in April. Cramer said bears are clearly fighting an “uphill” battle and unless they could get any clear sign that inflation is heating up, he expects the rally to continue. Cramer Thinks The Market is “Outrageously Bullish” […]
Barrons.com
Gold Is at Record Levels. Its Future Still Looks Bright.
Yukon Cornelius, the self-proclaimed greatest prospector from the north in the TV movie Rudolph the Red-Nosed Reindeer, would be thrilled to learn that this year’s bull run in gold shows no signs of slowing down. Other precious metals such as silver stand to gain too, for many of the same reasons. Gold tends to do well during times of dollar weakness.
SmartAsset
Ask an Advisor: ‘I'm Strictly Into Bonds' and Afraid of the Stock Market. Is This a Strategy I Should Stick With?
I'm afraid of the stock market. With my first investment, I lost 60% of my money. So I'm strictly into bonds. With interest rates low, what's your advice? Should I stay or try something else? -Jerold It's reasonable to be … Continue reading → The post Ask an Advisor: ‘I'm Strictly Into Bonds' and Afraid of the Stock Market. Is This a Strategy I Should Stick With? appeared first on SmartAsset Blog.
GOBankingRates
9 Things You Must Do When Your Retirement Savings Reaches $250,000
You've worked hard, put money aside for retirement, and have a nest egg of $250,000 in your portfolio. Now it's time to protect and grow your savings so you can achieve financial freedom during...
Financial Post
Auto theft crisis deepens as insurance claims top $1.5 billion for first time
Claims have spiked 56% over the past six years and costs have shot up 254%
GOBankingRates
4 Ways Baby Boomers Become ‘House Poor’ in Retirement
There are approximately 72 million baby boomers alive in the United States, as of 2019. Many of those boomers are currently "house poor," meaning they've bought a home that prohibits them from...
Simply Wall St.
3 SGX Dividend Stocks Offering Yields From 5.8% To 7.5%
As the digital transformation accelerates, with a significant shift towards online banking as evidenced by widespread branch closures in the UK, investors might look for stability and consistent returns in their portfolios. In this context, high-yield dividend stocks listed on the SGX present an appealing option for those seeking to generate regular income from their investments amidst changing economic landscapes.
Bloomberg
Copper Hits Record Above $11,000 on Bets That Shortage Looms
(Bloomberg) -- Copper surged to its highest-ever level, extending a months-long rally driven by financial investors who’ve piled into the market in anticipation of deepening supply shortages.Most Read from BloombergIran State TV Says ‘No Sign of Life’ at Helicopter Crash SiteEbrahim Raisi, Iranian President Confronting West, Dies at 63Speedier Wall Street Trades Are Putting Global Finance On EdgeSaudi Crown Prince Postpones Japan Trip Over King’s HealthChina’s Housing Rescue Too Small to End Cri

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Company News For May 9, 2024

Latest Stories

Under Armour is collapsing — And Kevin Plank has to take the blame

U.S. and Chinese automakers are headed in completely different directions

Bull Market Buys: 2 TSX Stocks to Own for the Long Run

The stock market's bull rally could last another 5 years, but it'll end in a 'spectacular bursting of a bubble,' veteran tech investor Gene Munster says

Could Investing $10,000 in Aurora Cannabis Stock Make You a Millionaire?

Russian court seizes millions of euros worth of German bank assets

Million-Dollar TFSA: 1 Way to Achieve to 7-Figure Wealth

How Much Will Manulife Financial Pay in Dividends This Year?

Stocks Poised for Higher Open

Gold Surges to Record on Fed Rate-Cut Hopes, Rising Haven Demand

Five things to watch for in the Canadian business world in the coming week

I’m an Average Middle-Class Retiree: Here’s How Much Savings I Have

Jim Cramer’s Latest Stock Picks in May 2024

Gold Is at Record Levels. Its Future Still Looks Bright.

Ask an Advisor: ‘I'm Strictly Into Bonds' and Afraid of the Stock Market. Is This a Strategy I Should Stick With?

9 Things You Must Do When Your Retirement Savings Reaches $250,000

Auto theft crisis deepens as insurance claims top $1.5 billion for first time

4 Ways Baby Boomers Become ‘House Poor’ in Retirement

3 SGX Dividend Stocks Offering Yields From 5.8% To 7.5%

Copper Hits Record Above $11,000 on Bets That Shortage Looms