Business News
Wall Street edges up as Canada takes trade spotlight
The S&P 500 and the Nasdaq edged up to record highs for the third consecutive session on waning trade jitters that have vexed the markets for much of the year.
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Business News
Coke adds Moxie to beverage lineup
Coca-Cola Co said on Tuesday it will buy Moxie, a soda-based soft drink brand that is more than a hundred years old, from its bottling partner Coca-Cola of Northern New England (CCNNE).
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Trump freezing Canada out in NAFTA negotiations is 'straight from the Art of the Deal'
President Donald Trump doubled down on efforts to pressure Canada into concessions. After agreeing to compromise with Mexico on key NAFTA issues Monday, President Donald Trump doubled down on efforts to pressure Canada into concessions. Mexican President Enrique Peña Nieto immediately pushed back on comments excluding Canada, which was set to begin high-level meetings with the Trump administration in Washington a day later. …read more […]
Business News
Global stocks climb; markets hail U.S.-Mexico trade deal
A global stocks index advanced to more than five-month highs on Tuesday, the day after a U.S.-Mexico trade deal boosted investor confidence.
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Trump vs. Google, and Why Microsoft Is a Strong Buy Stock | Free Lunch
Ryan McQueeney recaps the morning’s top market headlines, including President Trump’s criticism of Google, the return of the Pumpkin Spice Latte, and another batch of retail earnings reports. Later, he investigates why Microsoft is currently sporting a Zacks Rank #1 (Strong Buy). …read more […]
Business News
Barnes & Noble is sued by ex-CEO over termination
A former chief executive of Barnes & Noble Inc filed a lawsuit on Tuesday accusing the bookseller of breach of contract and defamation in connection with his sudden termination last month after a little over a year in the job.
Business News
Thomson Reuters launches $9 billion buyback, sending shares higher
Thomson Reuters Corp on Tuesday launched a $9 billion share buyback, sending its shares higher, and said it would complete the sale of a majority stake in its Financial & Risk unit to Blackstone Group LP on Oct. 1.
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Altice files opposition to T-Mobile and Sprint merger
U.S. cable TV provider Altice USA Inc called for the communications regulator to intervene in the proposed merger between T-Mobile US Inc and Sprint Corp , in a filing dated Monday and published on Tuesday.
Business News
U.S. energy companies fume over rejected steel tariff exemptions
The U.S. Commerce Department recently granted a tariff exemption to oil major Chevron for its imports of 4.5-inch Japanese steel tubes for oil exploration.
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Tuesday Apple Rumors: Apple May Be Planning to Ditch 3D Touch Soon
Leading the Apple (NASDAQ:AAPL) rumor mill today is news of plans for 3D Touch. Today, we’ll look at that and other Apple Rumors for Tuesday.Source: Apple …read more […]
Business News
U.S. consumer confidence races to near 18-year high
U.S. consumer confidence surged to near an 18-year high in August, as households remained upbeat on the labor market, pointing to strong consumer spending that should help to sustain the economy for the remainder of the year.
Business News
Tiffany’s results beat estimates, profit outlook up
Tiffany & Co’s results topped Wall Street estimates on Tuesday as a heavy advertising spend drew in both affluent and more price-conscious shoppers to its stores in the Americas and China, prompting the chain to raise its annual profit forecast.
Business News
Slowing online sales hurt Best Buy’s second quarter, shares drop
Best Buy Co Inc on Tuesday reported a drop in quarterly online sales growth and offered a profit forecast for the current quarter that fell short of analyst estimates, sending its shares down more than 7 percent in late morning trading.
Business News
Wall Street flat after NAFTA deal high
U.S. stocks were little changed on Tuesday, with the benchmark S&P 500 and the Nasdaq hovering at all-time highs, a day after the United States and Mexico reached an agreement on an overhaul of the North America Free Trade Agreement (NAFTA).
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It Looks like the Worst May Not Be over for Intel Stock
Intel stock has a low valuation and a decent dividend yield. Intel could have another quarter or two of weakness, but its long-term outlook remains quite positive. Technology will improve and become more efficient, but we’ll need Intel chips for years and years to come. …read more […]