Business News
Wall Street edges higher; Fed in focus
(Reuters) – Wall Street’s main indexes posted small gains on Tuesday as bank shares gained in anticipation of an interest rate hike by the Federal Reserve at its two-day policy meeting.
Articles by admin
Trading Ideas
MARKETS: S&P 500 rally could pause until after the Fed announcement
Yahoo Finance’s Alexis Christoforous and Jared Blikre break down the latest market action.
Here’s the performance of the Dow Jones Industrial Average as of 10:15 am ET:
CAT Caterpillar Inc 0.66%
GE General Electric Co 0.61%
XOM Exxon Mobil 0.55%
CVX Chevron Corporation 0.53%
KO Coca-Cola Co 0.27%
JPM JPMorgan Chase & Co 0.27%
AAPL Apple Inc 0.27%
IBM Intl Business Machines Corp 0.27%
GS Goldman Sachs Grp 0.20%
DIS Disney (Walt) Co 0.19%
DWDP DowDuPont Inc 0.19%
V Visa Inc 0.16%
HD Home Depot Inc 0.16%
MCD McDonald’s Corp 0.10%
MSFT Microsoft Corp 0.10%
BA Boeing Co -0.06%
INTC Intel Corp -0.07%
TRV The Travelers Companies Inc -0.09%
VZ Verizon Communications -0.11%
UTX United Technologies -0.12%
PG Procter & Gamble Cc -0.19%
PFE Pfizer Inc -0.21%
CSCO Cisco Systems -0.23%
NKE Nike Inc Cl B -0.24%
MRK Merck & Co -0.25%
AXP American Express Co -0.35%
MMM 3M Co -0.33%
JNJ Johnson & Johnson -0.51%
WMT Wal-Mart Stores -0.85%
UNH UnitedHealth Grp Inc -1.11% …read more […]
Trading Ideas
10 Stocks That Are Screaming Buys Right Now
Buckle up — the market is looking jittery right now. If it’s not the threat of further Federal interest rate hikes, it’s the possibility of a full-blown trade war with China and Europe. Analysts are ranked based on two crucial factors: success rate and average return per recommendation. Following top analysts is an easy way to identify stocks that experts believe have strong investing potential. …read more […]
Business News
GM has no projects underway with Lyft, CEO Barra says
DETROIT (Reuters) – General Motors Co Chief Executive Officer Mary Barra said on Tuesday the No. 1 U.S. automaker currently has no projects underway with ride-sharing company Lyft, in which it has a 9 percent stake.
Business News
Wall Street opens higher as bank stocks rise
(Reuters) – U.S. stocks opened slightly higher on Tuesday, with bank stocks gaining as the Federal Reserve kicked off its two-day policy meeting, while a historic U.S.-North Korea summit failed to impress investors.
Business News
McDonald’s to post $80-$90 million charges for restructuring, layoffs
(Reuters) – McDonald’s Corp plans to take $80 million to $90 million in charges during the second quarter from a restructuring at its U.S. operations that includes layoffs.
Trading Ideas
Better Buy: Qualcomm Inc. vs. Corning Inc.
In a smartphone world, both of these tech companies should be great buys, right? …read more […]
Business News
Exclusive: Saudi Aramco eyes partnerships as it expands refining, petrochems
DHAHRAN, Saudi Arabia (Reuters) – Saudi Aramco plans to boost investments in refining and petrochemicals to secure new markets for its crude, and sees growth in chemicals as central to its downstream strategy to lessen the risk of a slowdown in oil demand.
Business News
GM currently has ‘no projects underway with Lyft’: CEO Barra
DETROIT (Reuters) – General Motors Co Chief Executive Mary Barra said on Tuesday that the No. 1 U.S. automaker currently has no projects underway with ride-sharing company Lyft, in which it has a 9 percent stake.
Business News
Farewell package for WPP’s Sorrell faces investor backlash
LONDON (Reuters) – WPP’s decision to allow founder Martin Sorrell to quit with share awards worth millions of pounds faced fresh opposition on Tuesday as Hermes EOS advised shareholders to vote against the advertising giant’s remuneration report.
Business News
Trump, in trade feud with allies, say won’t let them take advantage of U.S.
SINGAPORE (Reuters) – U.S. President Donald Trump on Tuesday kept up his feud with America’s closest allies over trade, saying he could not allow them to continue taking advantage of the United States.
Business News
Global stocks, dollar retreat after U.S.-North Korea summit
LONDON (Reuters) – World stocks slipped on Tuesday and the dollar retreated from a three-week high after a U.S.-North Korea summit aimed at the denuclearization of the Korean peninsula.
Trading Ideas
Why First Solar's Stock Dropped 20% in a Week
First Solar was felled by the industry’s woes. …read more […]
Trading Ideas
Where Will Seadrill Partners LLC Be in 1 Year?
It’s not exactly clear, but there are three likely options. …read more […]
Business News
AT&T, Justice Department await decision that could determine future of media
WASHINGTON (Reuters) – AT&T Inc, which owns DirecTV, awaits a court ruling on Tuesday that will determine if it can buy Time Warner Inc, a decision that could prompt a cascade of pay TV companies buying television and movie makers and the first big test of the Trump administration’s antitrust teams.