Consumer-Staples Stocks Are Bright Spot in Bleak Market

Consumer-Staples Stocks Are Bright Spot in Bleak Market

Updated June 27, 2022 5:33 am ET Listen to article (2 minutes) Almost everything has fallen in the stock market this year. Consumer-staples stocks are bucking the trend. Shares of companies selling staples such as beer, chocolate and canned soup have raced past the broader market in 2022. Molson Coors Beverage Co. is up 20% … Read more

Value Investors Bet Recent Market Leadership Is Just the Start

Value Investors Bet Recent Market Leadership Is Just the Start

Cliff Asness and Rob Arnott say value stocks finally have room to run after years of lagging behind. Although few corners of the stock market have emerged unscathed in 2022’s dizzying selloff, value shares—traditionally considered those that trade at a low multiple of their book value, or net worth—have held up better than most. By … Read more

Apollo’s Stock Is Expected to Rise. Here’s Why.

Apollo’s Stock Is Expected to Rise. Here’s Why.

Apollo Global Management is the most misunderstood of the publicly traded alternative asset managers. But the stock could represent significant upside for those who wish to take a look, according to Rufus Hone, an analyst with BMO Capital Markets. Founded in 1990, Apollo (ticker: APO) is an alternative asset manager known for its private-equity investments, … Read more

Beer distributor strike impacting Philly and Pa. suburbs ends in time for July Fourth weekend

Beer distributor strike impacting Philly and Pa. suburbs ends in time for July Fourth weekend

A labor dispute which could have left big-name domestic beer brands in short supply across the Philadelphia region for the Fourth of July weekend has been resolved. The strike organized last Sunday by Teamster Local 830, the union representing workers at three of the region’s biggest beer distributors, was called off on Saturday after a … Read more

Blackberry stock slips after results top Street view

Blackberry stock slips after results top Street view

BlackBerry Ltd. shares ticked lower in the extended session Thursday after the cybersecurity and IoT company posted a slight beat to Wall Street expectations. BlackBerry  BB, +0.94% shares declined 1.5% after hours, following a 0.9% rise in the regular session to close at $5.37. The company reported a first-quarter loss of $181 million, or a … Read more