Archive List for Money

Citigroup CEO announces reorganization, jobs cuts likely

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Citigroup (C) shares rose after CEO Jane Fraser announced a new reorganization plan. The company, which currently operates with two divisions, will undergo a transformation into five separate divisions, all directly reporting to the CEO. Fraser says the reorganization will streamline the business and “increase accountability.” Yahoo Finance’s Senior Reporter David Hollerith discusses the details of this reorganization and the possibility of job cuts amidst the changes. #Citigroup #youtube #yahoofinance Subscribe to Yahoo Finance: https://yhoo.it/2fGu5Bb About Yahoo Finance: At Yahoo Finance, you get free stock quotes, up-to-date news, portfolio management resources, international market data, social interaction and mortgage rates that help you manage your financial life. Yahoo Finance Plus: With […]

🛩️ Flight delayed or canceled? ‘You have recourse’: Sec. Pete Buttigieg #shorts

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Secretary of Transportation Pete Buttigieg sat down with Yahoo Finance Executive Editor Brian Sozzi, who is at the Goldman Sachs Communacopia & Technology Conference, to talk through the current state of airline travel in the U.S. Buttigieg joined Yahoo Finance Live on September 6, 2023. Subscribe to Yahoo Finance: https://yhoo.it/2fGu5Bb About Yahoo Finance: At Yahoo Finance, you get free stock quotes, up-to-date news, portfolio management resources, international market data, social interaction and mortgage rates that help you manage your financial life. Yahoo Finance Plus: With a subscription to Yahoo Finance Plus get the tools you need to invest with confidence. Discover new opportunities with expert research and investment ideas backed […]

Oil trades near 10-month highs: Where could prices go from here?

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#oil #crudeoil #yahoofinance Crude oil is trading near 10-month highs. OPIS Global Head of Energy Analysis Tom Kloza tells Yahoo Finance Live that he doesn’t think that oil prices are going to go that much higher, however, he cautions that prices could rise again given the high prices of heating oil, diesel, and jet fuel. On a positive note for consumer though, Kloza states that most of the rise in gasoline prices have “already occurred.” Subscribe to Yahoo Finance: https://yhoo.it/2fGu5Bb About Yahoo Finance: At Yahoo Finance, you get free stock quotes, up-to-date news, portfolio management resources, international market data, social interaction and mortgage rates that help you manage your financial […]

Hostess stock soars on acquisition from J.M. Smucker

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#hostess #smucker #yahoofinance #earnings Hostess Brands (TWNK) shares soar as J.M. Smucker (SJM) announces it will be acquiring the company in a $5.6 billion deal, including debt. Yahoo Finance Live breaks down the acquisition. Subscribe to Yahoo Finance: https://yhoo.it/2fGu5Bb About Yahoo Finance: At Yahoo Finance, you get free stock quotes, up-to-date news, portfolio management resources, international market data, social interaction and mortgage rates that help you manage your financial life. Yahoo Finance Plus: With a subscription to Yahoo Finance Plus get the tools you need to invest with confidence. Discover new opportunities with expert research and investment ideas backed by technical and fundamental analysis. Optimize your trades with advanced portfolio […]

FAA grounds SpaceX Starship rocket until fixes are made

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Subscribe to Yahoo Finance: https://yhoo.it/2fGu5Bb About Yahoo Finance: At Yahoo Finance, you get free stock quotes, up-to-date news, portfolio management resources, international market data, social interaction and mortgage rates that help you manage your financial life. Yahoo Finance Plus: With a subscription to Yahoo Finance Plus get the tools you need to invest with confidence. Discover new opportunities with expert research and investment ideas backed by technical and fundamental analysis. Optimize your trades with advanced portfolio insights, fundamental analysis, enhanced charting, and more. To learn more about Yahoo Finance Plus please visit: https://yhoo.it/33jXYBp Connect with Yahoo Finance: Get the latest news: https://yhoo.it/2fGu5Bb Find Yahoo Finance on Facebook: http://bit.ly/2A9u5Zq Follow Yahoo […]

Apple stock sells off: Here’s a look at the losses and what investors can expect moving forward

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Apple (AAPL) shares are under pressure, after the company is poised to shed $200 billion in market value in just two days. Yahoo Finance Markets Reporter Jared Blikre joins the Live show to take a closer look at the movement in Apple stock and historical returns of the tech giant. #Apple #youtube #stockmarket Subscribe to Yahoo Finance: https://yhoo.it/2fGu5Bb About Yahoo Finance: At Yahoo Finance, you get free stock quotes, up-to-date news, portfolio management resources, international market data, social interaction and mortgage rates that help you manage your financial life. Yahoo Finance Plus: With a subscription to Yahoo Finance Plus get the tools you need to invest with confidence. Discover new […]

Apple stock falls on reports Chinese govt. banning iPhone use for officials

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Apple (AAPL) shares are falling for a second day following a Bloomberg report that China could ban some state firms from using iPhones. It follows a similar report from the Wall Street Journal that the country is banning government officials from using iPhones at work. Yahoo Finance Senior Tech Editor Dan Howley explains that, given how Apple has worked with the Chinese government to satiate some of their security concerns, this seems to almost be more of “a delayed tit for tat for what the U.S. has done to the likes of Huawei and is doing to TikTok.” Howley also explains how Apple is putting more emphasis on India in […]

Apple and Nvidia stocks tumble: What it means for tech investors

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Tech giants Apple and NVIDIA are falling from their recent highs. Yahoo Finance Markets Reporter Jared Blikre delves into the stocks’ unexpected downturns.Apple (AAPL) shares fell in Wednesday’s trading following a report that China is banning government officials from using iPhones for work. Blikre points out that history has shown that when Apple’s fall from grace is swift, it often leads to a prolonged decline, signifying a potential rocky road ahead for its shares. Adding to the tech turmoil, NVIDIA (NVDA) struggled to surpass its earnings day high of $499, causing concern among investors. While NVIDIA shares remain close to their record high, Blikre breaks down the chart to show […]

Domino’s-Uber partnership could lead to investor optimism, analyst says

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Domino’s (DPZ) stock is outperforming after the pizza chain agreed to join forces with Uber Eats (UBER). TD Cowen Senior Research Analyst Andrew Charles joins Yahoo Finance Live anchors Brad Smith and Julie Hyman to discuss the report and outlook for the company. In addition to the partnership with Uber, Charles is “really excited about the loyalty program refresh,” menu innovation, and e-commerce. Charles said, “This is a very data savvy company, so they know what people are buying. And so the ability to tie that better to help promote suggestive selling I think is a key opportunity.” Subscribe to Yahoo Finance: https://yhoo.it/2fGu5Bb About Yahoo Finance: At Yahoo Finance, you […]

Block stock hit with UBS downgrade

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Block, Inc. (SQ) shares are trading in the red as the stock received a downgrade from UBS to “neutral” from “buy” and a slashed price target to $65 from $102. Yahoo Finance Live anchors Julie Hyman and Brad Smith discuss the reasons for the downgrade. Subscribe to Yahoo Finance: https://yhoo.it/2fGu5Bb About Yahoo Finance: At Yahoo Finance, you get free stock quotes, up-to-date news, portfolio management resources, international market data, social interaction and mortgage rates that help you manage your financial life. Yahoo Finance Plus: With a subscription to Yahoo Finance Plus get the tools you need to invest with confidence. Discover new opportunities with expert research and investment ideas backed […]