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Walmart Agrees to Sell U.K. Asda Chain for $8.8 Billion, but Will Take $2.5 Billion Non-Cash Loss
Walmart (NYSE: WMT) has agreed to sell its U.K.-based Asda supermarket chain to billionaire investors Mohsin and Zuber Issa and investment management company TDR Capital.
However, the retailer will
Why Apple Stock Lost 10% Last Month
2020 has been a banner year for Apple (NASDAQ: AAPL), but that momentum wasn't enough to help the stock in September as shares of the iPhone maker skidded following its stock split at the end of
Why Tesla Stock Fell Sharply Friday Morning
Shares of electric-car maker Tesla (NASDAQ: TSLA) fell Friday morning, declining 5% a few minutes into market open. However, by 9:50 a.m. EDT, the stock was down just 3%.
The growth stock's decline
Becton, Dickinson Wins Designation Allowing European Sales of Coronavirus Test
Earlier this week, Becton, Dickinson (NYSE: BDX) revealed that it has been given a crucial new green light to market its rapid test for the detection of the novel coronavirus. The healthcare
Uber's Postmates Acquisition Might not Deliver the Profitability Expected
Uber Technologies' (NYSE: UBER) $2.6 billion buyout of Postmates might not generate the kinds of profits investors were expecting. In a filing with the Securities and Exchange Commission, Uber said
McCormick's Stock Split Isn't the Best Reason to Like the Company
The trend toward at-home eating might be just warming up.
Investors were looking forward to McCormick's (NYSE: MKC) third-quarter earnings results, but were still treated to surprisingly strong
2 Cheap Stocks to Buy Before the 2020 Election
The presidential election is roughly one month away, and it could add another wrinkle to a year that's already brought record volatility for the stock market. Investors can make moves to prepare for
Micron Signals the Next Up-Cycle for Memory Chips Is Well Underway
Micron Technology (NASDAQ: MU) CEO Sanjay Mehrota said on the company's fiscal 2020 fourth-quarter earnings call this week that "COVID-19 presented a real-life stress test of the new Micron's
Alphabet Launches Google TV Streamer and New Pixel Phones
In a world crowded with smartphones and video streaming services and devices, do consumers still need more?
Alphabet (NASDAQ: GOOG)(NASDAQ: GOOGL) clearly thinks the answer is yes as it launches a
Why BlackBerry Stock Declined 10% in September
Shares of BlackBerry (NYSE: BB) declined 10% in September, according to data provided by S&P Global Market Intelligence. The market suffered from broad declines in the beginning of the month, which
Congressional Committee Accuses Amgen and Peers of Hiking Drug Prices to Meet "Aggressive" Revenue Targets
In the midst of hearing testimony from Amgen (NASDAQ: AMGN), Mallinckrodt (NYSE: MNK), and Novartis (NYSE: NVS) executives about their business practices, a House of Representatives committee on
Why CarMax Stock Fell 14% in September
Shares of CarMax (NYSE: KMX) fell 14% in September, according to data provided by S&P Global Market Intelligence. The stock was trending a little lower early in the month but its fall accelerated
Will Nintendo's Switch Be Buried by Sony's PS5 and Microsoft's Xbox Series X?
Many gamers likely consider Sony's (NYSE: SNE) PS5 and Microsoft's (NASDAQ: MSFT) Xbox Series X and S to be the top consoles to watch this holiday season. Pre-orders are already high for all those
Is Phillip Morris Stock a Buy?
Global tobacco giant Philip Morris International (NYSE: PM) is uniquely positioned in the U.S. marketplace, as its IQOS heated tobacco cigarette alternative is the only electronic cigarette
Why Clean Energy Isn't Ready to Displace Oil
Giant North American midstream operator Enterprise Products Partners (NYSE: EPD) has felt the pinch of falling energy prices. Although that's been driven by the economic shutdowns used to slow the
5 Reasons to Delay Social Security Benefits
Social Security isn't just a series of predetermined payments that you receive starting at a particular age. You can start collecting your benefits anywhere from age 62 to 70, and there are a
How Will Costco Weather the Downturn?
Costco Wholesale (NASDAQ: COST) attracted shoppers during the coronavirus pandemic because its warehouses remained open (albeit with shorter hours and special accommodations) and sold everyday
Is It Time to Buy the S&P 500's 3 Worst-Performing September Stocks?
Despite setting a new record high early in the month, the S&P 500 index ended September down roughly 3.9% due to ongoing concerns about the economic impact of the coronavirus and the lack of a new
3 Stocks That Should Soar on Another Stimulus Package
Investors have been walking on eggshells waiting for news out of Washington this week.
Stocks have largely soared on anticipation of a second stimulus package out of Congress, likely to be worth
3 Top U.S. Stocks to Buy in October
We're in the home stretch of 2020 -- a year many people are anxious to put in the rearview mirror. Bad news incessantly dominated the headlines, and it feels like there could even be more before
Carnival, Royal Caribbean, and Norwegian Cruise Line Finally Have a Chance to Survive
Carnival (NYSE: CCL) (NYSE: CUK) canceled most of its sailings through the end of the year on Thursday, pushing some of its ship restarts well into 2021. This is normally bad news (and it is, on the
Why I Bought Shares of NextEra Energy Stock
Last week, I finally put my money where my mouth is: I picked up shares of electricity giant NextEra Energy (NYSE: NEE). I've been recommending the stock for a long time -- as its share price has
3 Tricks for a More Relaxing Retirement
I hate to break it to you, but worrying about your finances doesn't stop once you leave the workforce. In fact, for a lot of people, financial worry ramps up as they find themselves facing decades
Novagold Resources Inc (NG) Q3 2020 Earnings Call Transcript
Image source: The Motley Fool.
Novagold Resources Inc (NYSEMKT: NG)Q3 2020 Earnings CallOct 1, 2020, 11:00 a.m. ET
Operator
Source Fool.com
5 Reasons You Could Regret Not Buying Carvana Stock
A lot of investors wish they'd bought into Carvana (NYSE: CVNA) stock earlier this year -- shares are up an incredible eight-fold since March. Given that huge rally, it's easy for investors to


