Page 13 - While Wall Street News Today : Breaking News, Live Updates & Top Stories | Vimarsana

Stimulus Check News: How Are Recipients Using Their $1,400 Payment? 04/14/21 AT 1:24 PM While Wall Street and Capitol Hill are celebrating a rebounding economy and a theoretically looming end to the COVID-19 pandemic, there are signs that the recent rollout of $1,400 stimulus payments might not do much for ordinary Americans. Polling data from Bankrate shows that 61% of respondents will be back in financial trouble within three months, with the third stimulus check serving as a vital crutch during that period.  Specifically, that 26% agreed with the statement that the checks would tide th...

GameStop: How events unfolded and the next chapter Published 2 months ago , GameStop is a bricks and mortar video gaming retailer which launched in 1984. It has stores in malls around the US and, for a time, was very successful. But as shopping habits changed, it faileda not only to anticipate these changes, but also to subsequently alter course and build a strong online presence. That’s the main reason that several Wall Street hedge funds decided to target the company by borrowing shares in GameStop and then selling them short, betting that the company would eventually go out of business....

Written by GaryFutures edge higher as focus turns to earnings season (SPY +0.2%). Stocks making the biggest moves in the premarket: Albertson's, Zoom Video, Lemonade.

FedEx Falls as Rising Costs Cool Wall Street’s High Hopes Bloomberg 12/18/2020 Thomas Black (Bloomberg) -- FedEx Corp. failed to keep up with Wall Street’s soaring expectations as a jump in costs at the Ground unit crimped profit margins and spurred doubts about the extent of a bonanza from record package deliveries. The Ground unit, which carries most of the company’s U.S. e-commerce business, had margins of 7.5% in the fiscal second quarter, down from 11.8% in the previous quarter, FedEx said Thursday. The division’s higher spending on wages and purchased transport...