Reynolds Consumer Products Inc.

Lyft, Tripadvisor, Take-Two Interactive and more

Check out the companies making headlines in midday trading. Lyft — Shares of Lyft plummeted 21% after the company’s earnings report showed mixed results in the last quarter. The rideshare company reported adjusted earnings per share of 10 cents, more than analysts’ expectations of 7 cents, but revenue fell short of the Street’s forecast, coming …

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Midterms could be a positive catalyst for stocks as investors await next big inflation report

There are two big hurdles for markets in the week ahead – another potentially hot consumer inflation report and the Congressional midterm elections. Stocks were higher Friday but closed out a rough week with losses, after tough talk on interest rates from Federal Reserve Chairman Jerome Powell Wednesday. Powell suggested the central bank may have …

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Credit Suisse says buy stocks with this characteristic popularized by Warren Buffett

Credit Suisse is recommending stocks with a characteristic favored by Warren Buffett for investors navigating growing risk in equity markets. The firm expects companies with “economic moats” could help investors shield their portfolios from increasing economic uncertainty. It’s a term popularized by the legendary investor that refers to a company’s ability to maintain competitive advantages …

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Inflation takes over as the next big focus for markets after July’s monster jobs report

Investors switch their focus to inflation in the week ahead, after July’s strong jobs report signaled the Federal Reserve may need to take an even tougher stance with interest rate hikes. It could also be a week in which investors watch to see if rising Treasury yields start to slow the technology sector’s summer rally. …

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