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Home2018August

Month: August 2018

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Business News

Target posts best comparable sales growth in 13 years, shares hit record

August 22, 2018 admin Comments Off on Target posts best comparable sales growth in 13 years, shares hit record

Target Corp reported its best comparable-sales growth in 13 years and said a strong economy lifted customer visits to the most in a decade, sending its stock to a record high on Wednesday.

…read more […]

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Business News

Credit Suisse freezes $5 billion of Russian money due to U.S. sanctions

August 22, 2018 admin Comments Off on Credit Suisse freezes $5 billion of Russian money due to U.S. sanctions

One of Switzerland’s largest banks, Credit Suisse, has frozen roughly 5 billion Swiss francs ($5 billion) of money linked to Russia to avoid falling foul of U.S. sanctions, according to its accounts, further increasing pressure on Moscow.

…read more […]

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Business News

Trump, trade, Fed take sheen off S&P’s longest bull run

August 22, 2018 admin Comments Off on Trump, trade, Fed take sheen off S&P’s longest bull run

The S&P 500 marked its longest bull-market run with a dip on Wednesday as President Donald Trump’s political position was threatened by the legal woes of two former advisers and ahead of trade talks and the Federal Reserve’s minutes.

…read more […]

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Business News

U.S. job gains in year through March likely to be revised up by 43,000

August 22, 2018 admin Comments Off on U.S. job gains in year through March likely to be revised up by 43,000

The U.S. economy likely created 43,000 more jobs in the 12 months through March than previously estimated, the Labor Department said on Wednesday.

…read more […]

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Trading Ideas

Big implications for Trump with Manafort, Cohen guilty

August 22, 2018 admin Comments Off on Big implications for Trump with Manafort, Cohen guilty

The conviction of President Trump’s former campaign chairman, and guilty plea from his former personal lawyer, have big implications for the President. Yahoo Finance’s Seana Smith, Melody Hahm and Michael Kelley discuss. …read more […]

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Business News

Target’s second-quarter profit, sales top estimates, shares soar

August 22, 2018 admin Comments Off on Target’s second-quarter profit, sales top estimates, shares soar

Target Corp reported quarterly sales and profit that beat estimates as a strong economy lifted customer visits to the most in a decade, sending its shares up more than 5 percent.

…read more […]

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Business News

Wall St. opens slightly lower on Trump legal woes

August 22, 2018 admin Comments Off on Wall St. opens slightly lower on Trump legal woes

U.S. stocks opened lower on Wednesday after President Donald Trump’s political position was threatened by the criminal convictions of two former advisers and on caution ahead of U.S.-China trade talks and the Federal Reserve’s minutes.

…read more […]

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Business News

Italy’s state lender could take control of Autostrade: sources

August 22, 2018 admin Comments Off on Italy’s state lender could take control of Autostrade: sources

Italian state lender Cassa Depositi e Prestiti (CDP) may buy a controlling stake in Autostrade per l’Italia after the collapse last week of a bridge managed by the motorway operator, two sources told Reuters, but the economy ministry denied knowledge of any such proposal.

…read more […]

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Business News

Wall St. to open lower on Trump legal woes; Fed minutes eyed

August 22, 2018 admin Comments Off on Wall St. to open lower on Trump legal woes; Fed minutes eyed

U.S. stock futures dropped on Wednesday after President Donald Trump’s political position was threatened by the criminal convictions of two former advisers and on caution ahead of U.S.-China trade talks and the Federal Reserve’s minutes.

…read more […]

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Business News

Trump legal woes and trade talks cause nerves while EM enjoys respite

August 22, 2018 admin Comments Off on Trump legal woes and trade talks cause nerves while EM enjoys respite

Stocks faltered and bonds rose on Wednesday as U.S. President Donald Trump’s political position was threatened by the criminal convictions of two former advisers, while the U.S. dollar headed for its sixth straight day of losses.

…read more […]

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Trading Ideas

Why Exact Sciences Stock Is Blasting Higher Today

August 22, 2018 admin Comments Off on Why Exact Sciences Stock Is Blasting Higher Today

Exact Sciences’ stock is on the move after announcing a deal to co-promote its colon cancer test Cologuard with Pfizer. …read more […]

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Trading Ideas

T-Mobile Wants Wholesale Customers to Support Sprint Megamerger

August 22, 2018 admin Comments Off on T-Mobile Wants Wholesale Customers to Support Sprint Megamerger

Even though they could potentially face price increases if the deal goes through. …read more […]

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Trading Ideas

3D Systems (DDD) Jumps: Stock Rises 6.1%

August 22, 2018 admin Comments Off on 3D Systems (DDD) Jumps: Stock Rises 6.1%

3D Systems (DDD) shares rose more than 6% in the last trading session, amid huge volumes. …read more […]

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Trading Ideas

Can General Electric Win in This High-Growth Renewable-Energy Market?

August 22, 2018 admin Comments Off on Can General Electric Win in This High-Growth Renewable-Energy Market?

After falling behind early, General Electric has crafted an ambitious plan to capitalize on the coming boom in offshore wind power. Will it succeed? …read more […]

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Trading Ideas

Looking for Value? Why It Might Be Time to Try Macy's (M)

August 22, 2018 admin Comments Off on Looking for Value? Why It Might Be Time to Try Macy's (M)

Macy’s (M) seems to be a good value pick, as it has decent revenue metrics to back up its earnings, and is seeing solid earnings estimate revisions as well. …read more […]

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Next Super Stock Myseum (NASDAQ: MYSE) is disrupting the $10 BILLION Social Media Photo Sharing Market. $MYSE breakthrough photosharing app, Picture Party with full privacy is what Instagram was meant […]

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