Earnings Alarm Bells Ringing for Market Showing Signs of Fatigue

Earnings Alarm Bells Ringing for Market Showing Signs of Fatigue

(Bloomberg) — An alarming number of companies have warned that profits won’t meet expectations when they report in a month. The group, including PP Industries Inc. and Sherwin-Williams Co., are primarily materials producers that have struggled amid supply-chain disruptions. While just a small part of the S&P 500, their earnings have historically been the most … Read more

Companies Use Overtime to Solve Worker Shortages. That May Cost Them More Workers.

Companies Use Overtime to Solve Worker Shortages. That May Cost Them More Workers.

Companies that can’t fill their many openings are relying on existing workers to stay late, come in early and pick up extra shifts to keep operations running. That’s making the nation’s current labor shortage even more challenging to solve. Overtime means bigger paychecks. But it can also create higher stress and burnout. Employers and researchers … Read more

Natural-Gas Prices Surge, and Winter Is Still Months Away

Natural-Gas Prices Surge, and Winter Is Still Months Away

Natural-gas prices have surged, prompting worries about winter shortages and forecasts for the most expensive fuel since frackers flooded the market more than a decade ago. U.S. natural-gas futures ended Friday at $5.105 per million British thermal units. They were about half that six months ago and have leapt 17% this month. 

Iron Ore’s Brutal Collapse Below $100 Flags More Trouble Ahead

Iron Ore’s Brutal Collapse Below $100 Flags More Trouble Ahead

(Bloomberg) — Iron ore fell below $100 a metric ton for the first time in 14 months as China’s moves to clean up its heavy-polluting industrial sector drive down demand for the steel. Futures prices sank to as low as $99.50 on the Singapore Exchange and wavered around $100 through the overnight trading session, which … Read more

Analysts Upgraded Bank Of America, MGM, DoorDash And Cisco This Week

Analysts Upgraded Bank Of America, MGM, DoorDash And Cisco This Week

Analyst ratings measure the expected performance of a stock during a given time period. Traders and investors should know analysts and brokerage firms often use ratings when they issue stock recommendations to stock traders. In general, analysts arrive at stock ratings after they research companies’ public financial statements, communicate with executives and customers and interact … Read more

Evergrande Moment of Truth Arrives With Bond Payment Deadlines

Evergrande Moment of Truth Arrives With Bond Payment Deadlines

(Bloomberg) — China Evergrande Group bondholders are about to find out if the property giant’s liquidity crisis is as dire as it appears. Interest payments on two Evergrande notes come due Thursday, a key test of whether the developer will continue meeting obligations to bondholders even as it falls behind on payments to banks, suppliers … Read more