Icahn Enterprises Drops to Decade Low as Rout From Short Report Deepens
The selloff in Icahn Enterprises LP triggered by a short report deepened on Wednesday, sending the stock to its lowest since December 2010.
The selloff in Icahn Enterprises LP triggered by a short report deepened on Wednesday, sending the stock to its lowest since December 2010.
Latin America’s e-commerce powerhouse MercadoLibre Inc. posted better-than-expected profits for the first quarter, lifted by growth in its largest market following the collapse of Brazilian retailer Americanas SA.
A federal judge ordered a new round of settlement talks between Johnson & Johnson and lawyers who spurned the company’s offer to pay $8.9 billion to end tens of thousands of cancer claims filed by people who used the company’s popular baby powder.
Zillow Group Inc. reported earnings that beat estimates, as the company’s core business performed better than expected in a depressed US housing market.
D.R. Horton Inc. rallied toward a record high Wednesday as investors bet that the home-building giant will benefit from an eventual pause in the Federal Reserve’s cycle of interest-rate increases.
Wall Street was stumped by the Federal Reserve on Wednesday.
The US Securities and Exchange Commission wants to be let in on some of Wall Street’s most confidential information — and quickly.
Starbucks Corp., Ford Motor Co. and the owner of Chili’s Grill & Bar easily surpassed Wall Street’s earnings estimates in their most recent quarter. But for investors, they’re stoking worries about a slowdown.
The Mexican peso rose to its strongest level in almost six years after the Federal Reserve raised interest rates and hinted at the end of its tightening cycle.
At the Milken Institute Global Conference in Beverly Hills, the topic of a recession was on everyone’s lips. Is it here? Is it coming? How bad could it get?