General Electric said it would “adjust” its dividend once a just announced spinoff of its health-care business is completed. GE shares rose in premarket trading Tuesday after the beleaguered industrial conglomerate said it would shed GE Healthcare and sell its stake in energy company Baker Hughes. The company said it would focus on the aviation, […]

GE‘s turnaround strategy is becoming clear. On Tuesday the company announced its plan to spin off its health-care unit and separate its stake in oil services company Baker Hughes over the next two to three years. GE will focus its operations on the aviation, power and renewable energy businesses. “Today marks an important milestone in […]

Buyout group KKR has started preparations to list vending machine operator Selecta on the stock exchange as soon as the fourth quarter 2018 and is sounding out banks for another blockbuster Swiss listing, people close to the matter said. The private-equity firm is working with investment bank Lazard as so called IPO advisor on the […]

Long-time bull Art Hogan may become the first Wall Street analyst to cut his year-end forecast due to risks of a trade war. If the tensions don’t subside soon, the B. Riley FBR chief market strategist told CNBC’s “Trading Nation,” his S&P 500 price target of 3,000 may be unattainable. “It was our target at […]

Jack Ma’s Ant Financial is betting on blockchain but the Chinese billionaire warned against the technology’s first and most popular use case: Bitcoin. The financial-technology affiliate of e-commerce giant Alibaba launched a joint venture in Hong Kong Monday that uses blockchain for a cross-border remittance service. At the launch event hosted by Ant Financial, Ma […]

Carnival shares dropped Monday after the company cut its full-year guidance, citing increased fuel costs and unfavorable currency exchange rates. Shares were down as much as 10 percent after the cruise line operator cut its full-year earnings outlook to a range between $4.15 and $4.25 from a range between $4.20 and $4.40 earnings. The Miami-based […]

Despite jangled nerves over the increasing potential for a global trade war, domestic stocks are outperforming their global counterparts, suggesting the U.S. has the least to lose should the conflict escalate. As major U.S. indexes notched losses of 1 percent or better Monday, others around the world got slammed as well. The Hang Seng in […]

Starbucks shares have fallen 11 percent this year as the coffee giant has grappled with weakened same-store sales and flat traffic in recent quarters, but outgoing executive chairman Howard Schultz said last week the stock is inexpensive. Some market watchers are less than optimistic, at least in the near term. Schultz told CNBC’s Jim Cramer […]

It happens late in nearly every bull market: Complaints that value-fund managers are beginning to “cheat” on their mandates by sneaking growth companies into their portfolios, high valuations and all, goosing performance now but taking big risks on when the next bear market may arrive. Now those worries are back, with the twist that the […]

If you’ve been an investor for a while, you’ve probably experienced times where your investment strategy didn’t seem to work like you thought it would. Maybe your strategy didn’t perform as well as the Dow Jones Industrial Average or S&P 500 Index, or maybe you simply unperformed your neighbor’s portfolio. Were you able to understand […]