Major Chinese companies’ latest quarterly reports reinforce how the local market is one for stock pickers. “There has been outperformance, but it has been unique to certain companies,” Lorraine Tan, director of Asia equity research at Morningstar,...
It appears more investors are eyeing dividend stocks ahead of the Federal Reserve’s interest rate decision in September.Paul Baiocchi of SS&C ALPS Advisors thinks it is a sound strategy because he sees the Fed easing rates.”Investors are moving back...
Check out the companies making headlines in midday trading: Cava Group — Shares of the fast-casual restaurant chain popped 19.6% on stronger-than-expected quarterly results . Cava posted earnings of 17 cents per share on $233 million in revenue in the fiscal second...
Federal Reserve Chairman Jerome Powell.Andrew Harnik | Getty ImagesFederal Reserve chair Jerome Powell on Friday gave the clearest indication yet that the central bank is likely to start cutting interest rates, which are currently at their highest level in two...
[The stream is slated to start at 10 a.m. ET. Please refresh the page if you do not see a player above at that time.]Federal Reserve Chair Jerome Powell delivers his keynote speech Friday morning at the central bank’s annual retreat in Jackson Hole, Wyoming.Fed...