Verizon Communications Inc. stock outperforms market on strong trading day

Shares of Verizon Communications Inc. VZ, + 0.28% inched 0.28% higher to $ 50.79 Wednesday, on what proved to be an all-around poor trading session for the stock market, with the S&P 500 Index SPX, -0.13% falling 0.13% to 3,759.89 and Dow Jones Industrial Average DJIA, -0.15% falling 0.15% to 30,483.13. This was the stock’s … Read more

Exxon Mobil Corp. stock falls Wednesday, underperforms market

Shares of Exxon Mobil Corp. XOM, -3.96% shed 3.96% to $ 87.86 Wednesday, on what proved to be an all-around dismal trading session for the stock market, with the S&P 500 Index SPX, -0.13% falling 0.13% to 3,759.89 and Dow Jones Industrial Average DJIA, -0.15% falling 0.15% to 30,483.13. Exxon Mobil Corp. closed $ 17.71 … Read more

Netflix Inc. stock outperforms market on strong trading day

Shares of Netflix Inc. NFLX, + 4.67% advanced 4.67% to $ 178.89 Wednesday, on what proved to be an all-around rough trading session for the stock market, with the S&P 500 Index SPX, -0.13% falling 0.13% to 3,759.89 and Dow Jones Industrial Average DJIA, -0.15% falling 0.15% to 30,483.13. Netflix Inc. closed $ 522.10 short … Read more

Juul Ban Will Send Altria’s Strategy, and $ 13 Billion, Up in Smoke

Altria Group disastrous investment in Juul Labs is taking another turn for the worse. On Wednesday, The Wall Street Journal reported that the Food and Drug Administration is preparing to remove Juul e-cigarettes from the US market. Banning Juul in the US, where it was on track to make 94% of its revenue this year, … Read more

Recession. Millions of layoffs. Mass unemployment. Hornet’s nest stirred up by Larry Summers’s latest forecast.

Talk of recession and mass unemployment is all over the news – and former Treasury Secretary Larry Summers is the chief reason. Summers on Monday said the US needs several years of high unemployment to get the worst inflation in 40 years back under control. Put in starker terms, the US would have to endure … Read more

Intel Corp. stock falls Wednesday, underperforms market

Shares of Intel Corp. INTC, -0.93% slid 0.93% to $ 37.38 Wednesday, on what proved to be an all-around poor trading session for the stock market, with the S&P 500 Index SPX, -0.13% falling 0.13% to 3,759.89 and Dow Jones Industrial Average DJIA, -0.15% falling 0.15% to 30,483.13. Intel Corp. closed $ 20.45 below its … Read more

Las Vegas Sands Corp. stock falls Wednesday, underperforms market

Shares of Las Vegas Sands Corp. LVS, -0.35% sank 0.35% to $ 31.60 Wednesday, on what proved to be an all-around grim trading session for the stock market, with the S&P 500 Index SPX, -0.13% falling 0.13% to 3,759.89 and Dow Jones Industrial Average DJIA, -0.15% falling 0.15% to 30,483.13. The stock’s fall snapped a … Read more

Freeport-McMoRan Inc. stock falls Wednesday, underperforms market

Shares of Freeport-McMoRan Inc. FCX, -7.96% slid 7.96% to $ 31.32 Wednesday, on what proved to be an all-around grim trading session for the stock market, with the S&P 500 Index SPX, -0.13% falling 0.13% to 3,759.89 and Dow Jones Industrial Average DJIA, -0.15% falling 0.15% to 30,483.13. Freeport-McMoRan Inc. closed $ 20.67 below its … Read more

Berkshire Hathaway Inc. Cl B stock falls Wednesday, underperforms market

Shares of Berkshire Hathaway Inc. Cl B BRK.B, -0.73% dropped 0.73% to $ 269.79 Wednesday, on what proved to be an all-around grim trading session for the stock market, with the S&P 500 Index SPX, -0.13% falling 0.13% to 3,759.89 and Dow Jones Industrial Average DJIA, -0.15% falling 0.15% to 30,483.13. Berkshire Hathaway Inc. Cl … Read more