Business News
Boeing executive confident new mid-market jet can enter service in 2025
PARIS (Reuters) – The head of Boeing jetliner sales said on Wednesday he was confident a new mid-market jet could enter service in 2025.
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Business News
Trump to meet lawmakers about ‘problematic’ ZTE measure: White House
WASHINGTON (Reuters) – U.S. President Donald Trump and a group of lawmakers from the Senate and House of Representatives will meet at the White House on Wednesday to discuss their disagreement over how to penalize Chinese telecommunications company ZTE Corp , a White House spokeswoman said.
Trading Ideas
MARKETS: GE gets kicked out of the Dow—why that might be good for GE
Yahoo Finance’s Alexis Christoforous and Jared Blikre break down the latest market action after Walgreens replaces General Electric in the Dow Jones Industrial Average — 122 years after first being handpicked by Charles Dow himself.
Here’s the performance of the components of the Dow Jones Industrial Average as of 10:30 am ET:
DIS Disney (Walt) Co 1.56%
MSFT Microsoft Corp 0.66%
V Visa Inc 0.50%
PFE Pfizer Inc 0.46%
BA Boeing Co 0.32%
JPM JPMorgan Chase & Co 0.28%
AAPL Apple Inc 0.21%
INTC Intel Corp 0.17%
MRK Merck & Co 0.10%
UTX United Technologies 0.10%
KO Coca-Cola Co -0.08%
AXP American Express Co -0.06%
NKE Nike Inc Cl B -0.12%
CSCO Cisco Systems -0.21%
GS Goldman Sachs Grp -0.24%
XOM Exxon Mobil -0.31%
UNH UnitedHealth Grp Inc -0.32%
HD(HB) Home Depot Inc -0.37%
WMT Wal-Mart Stores -0.37%
IBM Intl Business Machines Corp -0.42%
GE General Electric Co -0.43%
CAT Caterpillar Inc -0.52%
MMM 3M Co -0.51%
CVX Chevron Corporation -0.62%
MCD McDonald’s Corp -0.62%
JNJ Johnson & Johnson -0.69%
DWDP DowDuPont Inc -0.72%
PG Procter & Gamble Cc -0.77%
VZ Verizon Communications -1.09%
TRV The Travelers Companies Inc -1.14% …read more […]
Business News
Wall Street advances as media stocks gain; Nasdaq hits record
(Reuters) – Technology and media stocks pushed Wall Street higher on Wednesday and helped the Nasdaq hit a record high, as markets eyed a recovery after being battered by a rapidly escalating China-U.S. trade tensions.
Trading Ideas
The 7 Best Dividend Stocks for Monthly Income
Monthly dividend stocks are popular with investors – and with good reason. Monthly payments line up better with monthly bills, particularly for retirees living off investment income. Over time, there’s even a modest incremental benefit from compounding, particularly for investors successfully using DRIP plans. …read more […]
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Realty Income (O) Announces 97th Hike in Monthly Dividend
Realty Income’s (O) July 2018 dividend payment will marks its 83 consecutive quarterly increases, as well as payment of more than $5.5 billion throughout the company’s 49-year operating history. …read more […]
Business News
Sorrell’s heir apparent flags need for radical change at WPP
CANNES, France (Reuters) – WPP needs radical change to stay ahead of the digital revolution reshaping the industry and its clients, the man now steering the world’s largest advertising group said.
Business News
Amazon, Berkshire, JPMorgan name Atul Gawande CEO of healthcare venture
(Reuters) – Berkshire Hathaway Inc, Amazon.com Inc and JPMorgan Chase & Co on Wednesday named Atul Gawande as the chief executive officer of their health venture.
Business News
Walt Disney raises bid for Fox assets to $71.3 billion, adds cash
(Reuters) – Walt Disney Co raised its bid for Twenty-First Century Fox Inc assets to $71.3 billion on Wednesday, sweetening its offer with cash as it looks to scuttle Comcast Corp’s $65 billion offer last week.
Business News
Wall Street opens higher after trade spat selloff
(Reuters) – U.S. stocks rose at open on Wednesday led by technology and media stocks after a punishing few sessions due to a rapid escalation in trade tensions between the United States and China.
Business News
OxyContin maker Purdue Pharma cuts remaining sales force
(Reuters) – OxyContin maker Purdue Pharma LP, facing a wave of lawsuits blaming it for helping fuel the U.S. opioid epidemic, said on Wednesday it had laid off about 350 employees this week including the remainder of its already-downsized sales force.
Business News
Wall Street set to open higher after trade spat selloff
(Reuters) – U.S. stocks looked set for a bounce on Wednesday after being battered in the past few sessions following a rapid escalation in trade tensions between the United States and China.
Business News
Walt Disney raises bid for Fox assets to $71.3 billion, tops Comcast
(Reuters) – Walt Disney Co sweetened its bid for Twenty-First Century Fox Inc assets to $71.3 billion on Wednesday, topping Comcast Corp’s $65 billion offer last week.
Trading Ideas
Beyond Google: 3 Under-the-Radar Internet of Things Stocks
Skyworks Solutions, Sierra Wireless, and Cypress Semiconductor don’t have the same name recognition as big tech companies, but they have the potential to be some of the biggest winners in the IoT space. …read more […]
Business News
EU to impose duties on U.S. imports Friday after Trump tariffs
BRUSSELS (Reuters) – The European Union will begin charging import duties of 25 percent on a range of U.S. products on Friday, in response to U.S tariffs imposed on EU steel and aluminum early this month, the European Commission said on Wednesday.