U.S. Markets News
HSBC to cut 10,000 jobs to reduce expenses
HSBC (NYSE: HSBC) is undertaking cost-cutting initiatives that could result in the reduction of up to 10,000 jobs. According to…
Companies that announced major restructurings in 2019
A slew of companies have announced major corporate restructurings to streamline operations and cut costs. Restructurings are often accompanied by…
Monster Beverage could get hurt by Coca-Cola’s energy drink
Shares of Monster Beverage Corp. (NASDAQ: MNST) stayed in negative territory during midday trade on Wednesday after Guggenheim downgraded the…
A long-term relationship with airline stocks may not end well. Here’s why
When it comes to investing, long-term relationships have many benefits. Higher holding periods tend to make stocks more balanced, with…
US travel industry needs some stimulus to drive growth
A week ago we witnessed the gargantuan fall of British travel behemoth Thomas Cook. While the collapse may partly be…
Elliott Management takes stake in AT&T and calls for changes
Hedge fund Elliott Management sent a letter to the board of directors at AT&T Inc. (NYSE: T) urging the company…
9 IPO stocks that have given 100+% returns
It was quite an interesting year so far for the IPO market with over 100 companies making their public debut.…