On Tuesday, Guggenheim analyst Steven Forbes downgraded shares of Home Depot to 'neutral' from 'buy' on concerns over margin expansion in 2020, and removed his $230 price target on the stock. The Final Round panel, comprised of Jen Rogers, Myles Udland and Heidi Chung, takes a deep dive into Forbes' note, which focuses on Home Depot's $5.4 billion multi-year investment plan.
The SEC charges the company’s auditing firm BF Borgers CPA and its owner Benjamin Borgers with ‘massive fraud.’
The audit firm used by Donald Trump’s social media company has been shut down by US regulators after being accused of running a “sham audit mill”.
Many Americans wonder how much money to withdraw from their retirement savings each year, and financial expert Suze Orman believes that the 4% retirement rule is no longer the answer. Orman, known for her blunt and hard-hitting financial advice, discussed why so many Americans are living paycheck to paycheck and her opinion on retirement savings during an interview with SecureSave Co-Founder Devin Miller for Moneywise Don't Miss: The average American couple has saved this much money for retireme
“The biggest surprise when we got married was that my husband’s family saw me as a paycheck, even though they are all educated.”
“My business has been doing well lately, and I am able to take nice owner distributions of $10,000 to $30,000 per month,”
Intel stock continued a 2024 slump in late April after the chip maker provided disappointing guidance. With the shares trading at their lows for this year, CEO Pat Gelsinger bought up Intel stock on the open market. According to forms he filed with the Securities and Exchange Commission, Gelsinger purchased the stock through a family trust that now owns 39,400 shares.
To Americans, who still get excited for pumpkin spice season, the beverage Starbucks tested in China recently sounds over the top. The reason: Its core customers in America can no longer be counted on to keep buying so it has to dominate China. Starbucks has been a juggernaut, expanding from 165 stores when it went public in 1992 to a company worth nearly $150 billion at its peak.
Shares of this hydrogen and fuel cell stock are charging higher as the weekend approaches.
The company has been very clever about harnessing technology to help improve performance.
Bill Gates, the co-founder of Microsoft Corp. and a renowned philanthropist, has been slipping down the ranks of the world’s billionaires. Despite boasting a net worth of nearly $128 billion, Gates is at No. 9 on the Forbes Billionaire Index, a significant drop from his previous position at No. 7 a month ago. This marks his lowest ranking since 1990 when he ranked 16th. Gates has been recognized not only for his immense wealth but also for his environmental advocacy, which makes his ownership of