Waddell & Reed Financial, Inc. Class A News
Waddell & Reed Soars on Accord for $1.7 Billion Sale to Macquarie
Waddell & Reed shares leaped after the financial-services company agreed to be acquired by Australia's Macquarie Group for $1.7 billion.
Covid-19's Deadliest Day, Snowflake, Splunk, Jobless Claims - 5 Things You Must Know Thursday
A Wall Street rally fueled by vaccine breakthroughs is tempered by the deadliest day in the U.S. from Covid-19; Snowflake issues a soft product sales forecast; Splunk sinks after reporting a wider-than-expected third-quarter loss.
Legg Mason Withdrawals Quicken in Latest Sign of Mutual-Fund Woes
The mutual-fund industry can't seem to keep investors from shifting their money into low-cost exchange-traded funds and index-matching funds.
Morgan Stanley Just Found 37 Challenged Stocks That Still Have No Hope
When it comes to equities investing, recurrent patterns can be of enormous importance. But for these several dozen picks, the risk/reward issues are beyond just cyclical changes.
BlackRock Gets Record ETF Inflows as Investors Sour on Stock Pickers
Larry Fink's BlackRock is getting all the love from investors amid dismay over the high fees and recent underperformance of rivals who specialize in active stock-picking.
AllianceBernstein's Biggest Holder Saw Ex-CEO as Wrong Guy -- With Right Ideas
New Alliance Bernstein CEO Seth Bernstein and executives of major shareholder AXA have indicated they're inclined to keep former chief Peter Kraus's strategies, despite his unceremonious dismissal.
Here's Why Retail Stocks Don't Make Good Value Plays
Five names to consider from my 'stocks for the defensive investor' screen. Excluding retail, as the sector has generally produced poor results.
Here are 5 value stocks sporting dividend yields of more than 5%
When choosing income investments look for options with healthy payouts and price appreciation potential.These five look attractive.
Here are 4 stocks legendary investor peter lynch would love
The PEG ratio was Peter Lynch's go-to measure for assessing a stock's attractiveness. We've identified four stocks that score highly based on Lynch's investment strategy.
'Mad Money' Lightning Round: Skip Cabela's, Buy Tech Stocks
Cramer is avoiding Overseas Shipholding Group and DDR Corp.
Breaking News
Bullish Tesla CEO Musk Pushes Case for Big 2023 Gains: Stock Soars
'If it's a smooth year ... without some big supply chain interruption or massive problem, [we] have the potential to do 2 million cars this year,' Musk says
IBM Stock Slides After Muted Q4 Earnings; 3,900 Job Cuts Planned
"For 2023, we again expect solid growth in our two most important measures of success: revenue and free cash flow," said CFO Jim Kavanaugh.
Southwest Airlines Flight Cancellation Chaos Hits Outlook
"I am deeply sorry for the impact to our employees and customers," said Southwest CEO Bob Jordan.
Comcast Ad Sales, Theme Parks, Payout Boost Offset Broadband Losses
"We achieved these results while continuing to invest in broadband, our 10G network evolution, Xfinity Mobile, Peacock, and theme parks, and we also took cost actions to further our growth in the future," said CEO Brian Roberts.