TGIF, MarketWatchers. Don’t miss these top stories: Personal Finance ‘There’s an oiliness in it that stays in your mouth’: This café charges $ 39 for a cup of java made from bird droppings Holy Crapuccino! A $ 9 Starbucks coffee may never seem quite so expensive again. ‘Sea-level rise won’t …
Read More »The Ratings Game: Uber is ready to join the FANG camp, analyst says after earnings
Uber Technologies Inc. is ready to join the ranks of Facebook Inc., Amazon.com Inc., Netflix Inc., and Alphabet Inc.’s Google, one analyst said after the company’s latest earnings report. RBC Capital Markets analyst Mark Mahaney reiterated his view that FANGU was perhaps a better acronym for big internet companies than …
Read More »Dow Jones Newswires: Coronavirus to cause temporary disruption to China’s economy, PBOC says
BEIJING — China is considering possible countermeasures to cushion the blow from the coronavirus outbreak that is expected cause a temporary disruption to the economy, a central bank official said. “The coronavirus outbreak will be temporary and will not change the long-term improvement of China’s economy,” Pan Gongsheng, a vice …
Read More »Cannabis Watch: Aurora Cannabis stock is falling as CEO steps down, ‘sweeping’ cost-cutting plan announced
Aurora Cannabis Inc. late Thursday said that Chief Executive Terry Booth is retiring amid “sweeping changes” for the Canadian licensed producer, the latest pot company to cut costs amid a cash crunch in the sector. Aurora outlined a “business transformation plan” in a lengthy statement that detailed job cuts and …
Read More »Four stocks to watch this week include Clovis Oncology and 3D Systems
Here are three health stocks and one technology stock that are at, or near, key breakout points. Clovis Oncology Inc. CLVS, +5.85% popped 90 cents, or more than 10%, to $ 9.73 on 11.7 million shares traded Wednesday on no news released by the company. The move edged the stock …
Read More »Dow Jones Newswires: ING profit tumbles, missing forecasts
ING Groep NV on Thursday reported a significant fall in net profit for the fourth quarter of 2019, reflecting increases in risk costs, expenses and effective tax rate. The Dutch bank ING, +1.89% made a net profit of 880 million euros ($ 972.4 million) for the three months ended Dec. …
Read More »The Moneyist: My stepfather and mother pooled resources to buy a home. My mom died in 2003 and he just passed away. His kids are selling their house — am I entitled to anything?
Dear Moneyist, My mother was married to our stepfather for 20 years. She died in 2003. We’ve always had a great relationship with my stepfather and it continued until his passing a few months ago. The house that they lived in was bought with the proceeds from two homes they …
Read More »Snap shares plunge 14% on revenue, earnings miss
Snap Inc. shares plunged 14% after the company’s fourth-quarter earnings fell short of Wall Street estimates on Tuesday, momentarily blunting a year-long financial bounce-back. Advertising led the way for Snap SNAP, -11.93% to record revenue of $ 561 million, vs. expectations of $ 563 million from analysts polled by FactSet. …
Read More »The Moneyist: ‘My father left everything to my son. When I called the attorney about the will, my son got very upset.’ I now need financial help. Should I ask him for money?
Dear Moneyist, When my father passed away, he left his house and all his money to my son. I was not included in the will. I took care of my father seven days a week when he came back from the hospital. I never received any payment from him except …
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