Business

Free cash flow at commercial aerospace giant Boeing has stabilized. Earnings, however, are all over the place. That isn’t bothering Wall Street, though—the stock remains attractive and target prices are moving higher. On Wednesday Boeing (ticker: BA) reported a loss of $1.75 a share. Wall Street was looking for a 20 cent loss. It was … Read more

Will “ongoing” be outgoing at the Federal Reserve? Or will that key word remain in the central bank’s policy directive? On such a seemingly trivial question may hang the course of interest rates when the Federal Open Market Committee announces the results of its two-day meeting this coming Wednesday afternoon.

Chevron, Comcast, and 10 More Companies That Raised Their Dividends This Week

ExxonMobil’s Key Stats    Q4 2022 (est)  Q4 2021  Q4 2020  Adjusted EPS  $3.27  $2.06  $0.03  Revenue  $111B  $85B  $46.5B  Gross margin  16.9%  21.5%  9.9% Source: Visible Alpha The results should mirror similar sales and profit gains from Exxon’s biggest rivals, underscoring the degree to which the war in Ukraine and the economic recovery from … Read more

SmartAsset: Why Your Bank Closed Your Account and What to Do Having a bank account closed can be inconvenient, especially if you didn’t see it coming. But why would a bank close your account? The short answer is that banks and credit unions can close accounts for a number of reasons. Understanding why a bank … Read more

A group of arch-conservatives in the House is pushing for a vote on a bill that would eliminate federal income taxes and the IRS, but some influential Republicans are pushing back against what appears to be a political loser for the GOP. The bill, known as the Fair Tax Act, would scrap all individual and … Read more

Exxon Mobil Corp. is slated to report earnings before the bell on Tuesday, hot on the heels of results showing a mixed quarter for Chevron Corp., and amid renewed scrutiny over oil giants’ share buyback programs. Exxon XOM, -1.83% in December set a $50 billion buyback program. The Irving, Texas company, the U.S. largest integrated … Read more

Intel ‘s disappointing results and warning of a contracting data-center market knocked the stock in some of its key rivals on Friday.  Intel (ticker: INTC) shares were down 10% in premarket trading after the chip maker missed expectations for the fourth quarter and provided a revenue forecast for its March quarter far below expectations.

Suspicion is creating chaos in the empire built by the Indian billionaire Gautam Adani, who since last year has become the richest man in Asia.  Adani, 60, saw his fortune jump by more than $40 billion last year, according to the Bloomberg Billionaires Index. While the fortunes of a number of tech billionaires were melting, … Read more