- BusinessFox Business•35 minutes ago
Ackman takes aim at ADP as tensions mount
The showdown between Pershing Square Capital’s Bill Ackman and ADP’s (NASDAQ:ADP) Carlos Rodriguez could intensify on Thursday, as Ackman is expected to detail his plan of progress for the company – the source of an ongoing rift between the pair. Ackman has said he has ideas for “transformative change” at ADP, which will be detailed to investors Thursday. The rift between the hedge fund manager and ADP was born out of an email sent by Rodriguez, on accident, to Ackman.
- BusinessYahoo Finance•2 hours ago
Trump is losing Wall Street's confidence and stocks will suffer: trader
This is finally starting to worry those on Wall Street. From Wall Street’s point of view, the president was elected on campaign promises of rolling back regulations, increasing infrastructure spending and cutting taxes — something we are still waiting on.
- BusinessMarketWatch•18 minutes ago
These 5 underloved stocks deserve your attention
Earnings season is always full of fireworks, but it’s safe to say that the biggest and most colorful displays come from the same old companies. Headline-grabbing reports from tech stocks like Facebook Inc. FB, -1.82% are must-see events that have to balance an impressive history of growth with pretty high expectations for the future. Facebook impressed yet again this time around, but who knows what the future holds? There are also unsurprising train wrecks from the same old list of troubled stocks, such as big-box store Office Depot Inc. ODP, -5.10% that predictably stumbled as it keeps closing locations and suffers more sales declines. Earnings season also offers plenty of unsung surprises.
