(This is CNBC Pro’s live coverage of Thursday’s analyst calls and Wall Street chatter. Please refresh every 20-30 minutes to view the latest posts.) A medical device maker and a discount retailer were among the stocks being talked about by analysts. Piper Sandler initiated Abbott Laboratories with an overweight rating. Meanwhile, JPMorgan downgraded Five Below…
Weiquan Lin | Moment | Getty Images The third-quarter estimated tax deadline for 2024 is Sept. 16, and skipping a payment could trigger a penalty, according to the IRS. Typically, you need estimated payments for any income without tax withholdings, such as earnings from self-employment, contract or gig economy work and investment or retirement income. …
Satellite image of Hurricane Francine on Sept. 11th, 2024. NOAA GOES EAST U.S. crude oil jumped more than 2% to trade above $69 per barrel on Thursday after Hurricane Francine churned through the Gulf of Mexico, disrupting oil production before making landfall in Louisiana. Oil futures rose more than 2% in the previous session as…
Investors looking for a way to generate more income now that interest rates appear set to fall can look to wring some extra cash out of their stock portfolio using options. Bank of America derivatives analyst Arjun Goyal this week identified stocks that are strong candidates for an “overwriting” strategy. The trade, also called “call…
