Economic uncertainty has held back value stocks, but fund manager Heather McPherson of T. Rowe Price Group Inc sees plenty of opportunity to scoop up undervalued shares, including in the financial and utilities sectors.
Wells Fargo & Co , which recently tapped one-time Jamie Dimon protégé Charles Scharf to be its CEO, has hired another former JP Morgan Chase executive and previous White House official, William Daley, to head public affairs.
Power company PG&E Corp on Thursday raised its 2019 costs estimates by more than 50% related to deadly wildfires in California and its bankruptcy, sending its shares down nearly 6%.
Expedia and TripAdvisor stocks tanked following poor third-quarter earnings after the bell Wednesday.
In a glass-walled laboratory, chemists puff on vaping devices as they test liquid nicotine flavors. Nearby, staffers with cartons of instant noodles on their desks tap away at laptops, messaging suppliers and customers.
China and the United States must simultaneously cancel some existing tariffs on each other's goods for both sides to reach a "phase one" trade deal, the Chinese commerce ministry said on Thursday.
Improving economic data and solid earnings have prompted the analyst to raise his year-end target for the S&P 500 to 3,185, roughly a 3% gain from here.
Shares of Party City Holdco Inc plummeted 62% to a record low on Thursday after the party supplies retailer cut its annual revenue and profit forecasts for a second time, as fewer shoppers bought Halloween supplies at its stores this season.
T-Mobile US Chief Executive John Legere on Thursday acknowledged talks with Sprint Corp to extend their merger agreement and declined to rule out asking for the $26 billion price to be lowered.
Toyota Motor Corp unveiled plans for a $1.8 billion share buyback on Thursday, after reporting a more-than-expected quarterly profit on better global sales and an improvement in its North American business.
Oil prices rose and global equity markets rallied on Thursday after China said it has agreed with the United States to cancel tariffs in phases, a key consideration in reaching an initial deal to end a trade war that has crimped economic growth.
Expedia and TripAdvisor stocks tanked following poor third-quarter earnings after the bell Wednesday.
A Bermuda-based insurer that recently severed ties with an Uber Technologies Inc affiliate said on Thursday the risk of providing driver ride-hailing coverage had become too great and that it had mispriced policies during its initial years on the account.
Oil prices rose on Thursday amid new hints from China on progress towards a trade deal with the United States, offsetting downward pressure from a huge increase in U.S. crude stockpiles.
Blue Harbour Group is reportedly pressuring Madison Square Garden CEO James Dolan to sell a portion of the New York Knicks and New York Rangers ahead of the planned spinoff.