In this article YUM Signage is displayed outside a Yum! Brands Inc. Taco Bell and Kentucky Fried Chicken (KFC) restaurant in Louisville, Kentucky, U.S., on Thursday, Jan. 30, 2020. Luke Sharrett | Bloomberg | Getty Images Yum Brands on Thursday reported quarterly earnings and revenue that topped analyst predictions as same-store sales grew at all
Month: July 2021
In this article NOC TAP YUM TPX MRK CMCSA Check out the companies making headlines before the bell: Comcast (CMCSA) – Comcast rose 1.9% in the premarket after reporting adjusted quarterly earnings of 84 cents per share, beating the consensus estimate of 67 cents. The NBCUniversal parent also reported better-than-expected revenue, helped by a rebound
Traders on the floor of the New York Stock Exchange, June 25, 2021. Source: NYSE We’re halfway through second-quarter earnings. The results not only continue to beat forecasts by a wide margin, but estimates for the third and fourth quarter — and now even for 2022 — are continuing to rise. And most say estimates
MoMo Productions | DigitalVision | Getty Images For some retirees, getting a large pension payment can become a big problem. Let’s say a pension plan mistakenly has been paying a participant too much and requires the person to pay back the money, typically through reduced future payments. That can cause many a retiree a lot
At what point do you achieve financial independence? Is it when you don’t care whether the market goes up or down? Is it after your last child graduates from college? Is it when you simply don’t care about money anymore? You have your own definition of financial independence for one very good reason: it means
In this article WMT Emily Benfer Source: Emily Benfer Most evictions have been banned in the U.S. since last September, but that protection is now set to end in days. In August, millions of families could be pushed out of their homes. The share of adult renters who remain behind on their housing payments —
The most expensive home sale on record for Britain will soon begin a renovation expected to cost nearly as much as its original $275 million purchase price. Rutland Gate, the 62,000 square foot mansion overlooking Hyde Park in London’s Knightsbridge neighborhood, was purchased last year by Cheung Chung Kiu for $210 million pounds (approximately $275
In this article DIS A guest takes a selfie at Magic Kingdom Park at Walt Disney World Resort on July 11, 2020. (Photo by Olga Thompson/Walt Disney World Resort via Getty Images) Disney has amended the mask policy at its U.S.-based theme parks in the wake of new guidance from health and government officials. Starting
In this article FB CEO of Facebook Mark Zuckerberg walks to lunch following a session at the Allen & Company Sun Valley Conference on July 08, 2021 in Sun Valley, Idaho. Kevin Dietsch | Getty Images Facebook shares fell as much as 5% in extended trading on Wednesday after the social-media company called for revenue
A vehicle from electric car maker NIO sits outside of the New York Stock Exchange (NYSE), September 12, 2018 in New York City. Drew Angerer | Getty Images News | Getty Images China will continue to allow Chinese companies to go public in the U.S. as long as they meet listing requirements, China’s securities regulator
In this article GSBD BLK GS Eric Adams, Democratic candidate for New York City Mayor, speaks during a campaign appearance in Brooklyn, New York, June 11, 2021. Brendan McDermid | Reuters Eric Adams may not be the mayor of New York, but he is already starting to privately seek an alliance with several of the
Avishek Das | LightRocket | Getty Images Robinhood is slated to hit the public markets Thursday in one of the most highly anticipated initial public offerings of the year. The stock trading app is expected to start trading on the Nasdaq under ticker HOOD, priced between $38 and $42 per share. Robinhood is looking to
The United States is currently experiencing its sharpest growth ever in older adults. Those over 65 now number approximately 57 million. Medicare statistics show that by 2050, that number will grow to over 80 million and a very large percentage of those will be in the 85+ category. That is the category that requires the most long-term care
“Invert, always invert.” – Carl Jacobi, 19th Century Mathematician A friend of mine who’s a fan of Charlie Munger recently talked with his son about his goal of making the high school basketball team. My friend asked, “What sort of things would you do if you wanted to be sure you won’t make the team?”
U.S. Speaker of the House Rep. Nancy Pelosi arrives at a weekly news conference at the U.S. Capitol July 28, 2021 in Washington, D.C. Alex Wong | Getty Images News | Getty Images House Speaker Nancy Pelosi suggested on Wednesday that people who believe President Joe Biden can forgive student debt on his own are
Singer-songwriter Anthony Kiedis of Red Hot Chili Peppers fame has another hit on his hands, but it’s not a single or the rock band’s long-awaited studio album No. 12. It’s a custom home the frontman had built along Kauai’s North Shore, where stretches of boulder-strewn sand give way to stunning ocean views. Priced at $9.975
The effectiveness of Pfizer’s Covid-19 vaccine steadily declines over time, dropping to about 84% for vaccinated people about four to six months after getting their second dose, according to CEO Albert Bourla. The comments, made on Wednesday on CNBC’s “The Exchange,” are based on the findings of a new company-funded study that has yet to
In this article F Ford Motor Co. CEO Jim Farley walks to speak at a news conference at the Rouge Complex in Dearborn, Michigan, September 17, 2020. Rebecca Cook | Reuters DETROIT – Ford Motor is expected Wednesday to report a slight loss for the second quarter as the semiconductor chip shortage causes significant production
The Federal Reserve on Wednesday held its benchmark interest rate near zero and said the economy continues to progress despite concerns over the pandemic spread. As expected, the Federal Open Market Committee concluded its two-day meeting by keeping interest rates in a target range near zero. Along with that, the committee reiterated its view that
In this article AMZN Sen. Elizabeth Warren on Wednesday reignited her push for a tax on the wealth of the richest Americans and called out billionaire Amazon founder and nascent space-tourism magnate Jeff Bezos for what she views as his failure to pay his fair share. “I want to see us tax wealth, however your
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