The U.S. Securities and Exchange Commission fined two companies for violations that resulted in improper reporting of quarterly earnings, the regulator's first enforcement actions under a program to detect such violations.
How does the old saying go? When it rains, it pours? That's likely how some shareholders of cable TV giants Charter Communications (NASDAQ: CHTR) and Comcast (NASDAQ: CMCSA) feel right about now, after a double dose of bad news earlier this month. Cord cutting in the U.S. is exp
(RTTNews) - Stocks have moved sharply higher in morning trading on Monday, extending the strong upward move seen over the course of the previous session. The major averages have all climbed firmly into positive territory.
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2020 has been a brutal year for dividends. According to asset management company Janus Henderson, global dividends declined by around 22% in the second quarter of the year, and that company expects a 17% to 24% decline across the year. That's a brutal and fast decline driven by
Tesla (NASDAQ: TSLA) is seeking to buy a stake in LG Chem's (OTC: LGCLF) battery business, according to a new report, a first for the upstart electric automaker.
After hearing the Trump administration's rationale for why it decided to ban downloads of TikTok on Friday, the U.S. District Court for the District of Columbia granted the video sharing app an injunction blocking the ban.
NEW YORK (Reuters Breakingviews) - The Supreme Court is showing its age. The battle to replace Justice Ruth Bader Ginsburg, who died earlier this month, shows that an institution created in the 18th century is creaking under the weight of an entrenched two-party system.
The broad market was mostly flat last week, but not for a few members of the healthcare sector. Shares of these three companies zoomed higher last week and investors want to know if they can climb any higher.
(RTTNews) - Crédit Agricole Corporate & Investment Bank has completed the disposal of the 4.0% stake it still held in the capital of Banque Saudi Fransi. Two Saudi government related institutional investors acquired the stake for a total consideration of around 332 million
The past year has been a tough one for Aurora Cannabis (NYSE: ACB) shareholders, and it doesn't seem to be getting any easier. The popular marijuana company saw its stock tank after reporting fiscal fourth-quarter earnings recently, and it's down by around 91% over the past 12 m
This is a tricky time for investors. September's steep sell-off has created some bargains, but the market's rout may not have run its full course yet, and not even the bluest of blue chip stocks have been immune to this uncertainty.
(RTTNews) - Sharply higher Canadian and U.S. futures, and the rally in European markets on the back of positive industrial profits data from China and optimism about a new coronavirus relief package in the U.S., point to a strong start for Canadian shares Monday morning.
Will the housing market crash again? Maybe. Many aspects of the economy are cyclical, and housing prices do occasionally fall. Is a housing crash imminent? That's harder to answer.
Warren Buffett has built a decades-long track record of wise stock picks. From American Express to Coca-Cola and, more recently, Apple, buying the right stocks at the right time has made Berkshire Hathaway one of the largest publicly traded companies.