McDonald’s, Blackstone, Netflix and others

Check out the companies making headlines before the bell: Comcast (CMCSA) — Parent company NBCUniversal and CNBC earned 77 adjusted cents per share for the fourth quarter, 4 cents above estimates, with revenue also higher than analysts’ expectations. Comcast also announced an 8% dividend increase and an increase in its stock buyback program to $10 … Read more

McDonald’s (MCD) Q4 2021 earnings miss estimates

Signage outside a McDonald’s Corp. fast food restaurant in Louisville, Kentucky, US, on Friday, Oct. 22, 2021. Luke Sharrett | Bloomberg | Getty Images McDonald’s on Thursday reported quarterly earnings and revenue that missed analysts’ expectations as higher costs weighed on its profits. It marks the fourth earnings miss for the company in eight quarters. … Read more

Treasury yields are mixed following Fed decision

US Treasury yields were mixed on Thursday morning, as investors continued to digest the Federal Reserve’s latest policy update. The yield on the benchmark 10-year Treasury note rose by less than basis point to 1.8495% at 3:45 am ET. The yield on the 30-year Treasury bond fell by 2 basis points to 2.1413%. Yields move … Read more

Deutsche Bank earnings Q4 2021

LONDON — Deutsche Bank on Thursday defed market expectations to post a profit for the fourth quarter of 2021, as investment bank revenues rose. The German lender said profit attributable to shareholders came in at 145 million euro ($162.7 million) for the final three months of the year — a sixth consecutive quarter of profit … Read more

IMF sees potential for further market turbulence as central banks hike rates

The International Monetary Fund has warned of more turmoil ahead for financial markets, particularly as governments around the world shift into recovery mode. Moves by central banks to tighten monetary policy and curb rising inflation could push riskier stocks deep into the red even as policymakers pledge a smooth transition, Tobias Adrian of the International … Read more

Callon Petroleum has more upside ahead

ArcBest: “I love trucking. I love ArcBest, but you know what, we did really well last night’s comparison of Union Pacific vs CSX, Union Pacific’s multimedia work is really good. I prefer diversification.” Roblox: “We’re getting into the youth. Now here’s the problem with Roblox: it’s good for you…not good for a lot of others. … Read more

DraftKings Is ‘Too Big an Opportunity to Ignore.’ Why the Stock Is a Buy.

font size Signs at Draft Kings Sportsbook at The Brook to Cut the Ribbon in October 2020, in Seabrook, New Hampshire. Scott Eisen/Getty Images for Draft Kings Online sports betting can make a strong comeback this year kings A solid bet, according to analysts at Morgan Stanley. Ben National Games He also received a promotion … Read more

Boeing (BA) reports Q4 21 results

An American Airlines Boeing 787-9 Dreamliner approaches for a landing at the Miami International Airport on December 10, 2021 in Miami, Florida. Joe Raedle | Getty Images Boeing took a $3.5 billion pre-tax charge on its 787 Dreamliners after production issues that prevented the company from delivering the planes to airlines for most of the … Read more

Coinbase rival FTX U.S. valued at $8 billion in first funding round

Sam Bankman-Fried, co-founder and CEO of FTX, in Hong Kong, China, on Tuesday, May 11, 2021. Lam Yik | Bloomberg | Getty Images FTX US, the US subsidiary of cryptocurrency exchange FTX, said Wednesday that it has raised $400 million in its first overseas fundraising round. The investment gives FTX US a valuation of $8 … Read more

Fed’s move to hike interest rates will slow down Asia’s recovery

According to the International Monetary Fund, the Fed’s move to raise interest rates and tighten policy aggressively will hamper the economic recovery in Asia. The current account surplus and the level of reserves are much higher among Asian countries this time around than in 2013 during the so-called “taper tantrum”, said Changjong Rhee, director of … Read more