A glimmer of hope appeared Friday for beleaguered New York Community Bancorp after its stock rose 17% on strong trading volume. Investors seemed reassured...
By Ben Glickman Consolidated Edison’s third-quarter profit sank on lower revenues. The New York-based utility company logged a third-quarter profit of $526 million, or...
By Colin Kellaher Kronos Bio is shedding about 19% of its staff as the clinical-stage biopharmaceutical moves to extend its cash runway following positive...
Fund managed by Bruce Berkowitz reveals 3rd-quarter portfolio Summary The fund increased its position in Enterprise Products Partners. It sold out of Commercial Metals...
By Ben Glickman Consolidated Edison lifted its full-year forecast for adjusted earnings despite profit falling in the third quarter. The New York-based utility company...
The online travel agency Expedia Group announced a huge stock-repurchase program and reported better-than-expected quarterly financial results, sending the stock higher. Expedia (ticker: EXPE)...
As a rebuilding of America’s core infrastructure and energy transition is underway, I continue to favor overlooked ‘picks and shovels’ companies with solid fundamentals...