- S&P Futures2,739.75+0.02%
- Dow Futures24,908.00+0.06%
- Nasdaq Futures6,977.75+0.05%
- Russell 20001,571.97-0.16%
- Crude Oil60.54+0.70%
- Gold1,320.40-0.10%
- Silver16.49-0.06%
- EUR/USD1.23-0.10%
- 10-Yr Bond2.87-0.59%
- Vix16.30-8.22%
- GBP/USD1.38+0.03%
- USD/JPY106.78+0.47%
- BTC-USD8,732.79-6.27%
- FTSE 1007,204.53+0.02%
- Nikkei 22521,469.20+0.47%
Associated Press•20 hours agoUS mortgage rates climb to 4-year high
Long-term U.S. mortgage rates climbed this week to their highest average in more than four years, ratcheting up affordability pressures at the start of the traditional spring home buying season. Mortgage buyer Freddie Mac said Thursday that the average rate on 30-year fixed-rate mortgages climbed to 4.46 percent this week from 4.43 percent last week. Higher mortgage rates appear to be weighing on home sales, since buyers are facing higher borrowing costs.
- Bloomberg•2 days ago
Costco's Squeeze on Suppliers Signifies Pain for P&G, Nestle
Costco Wholesale Corp. will push suppliers to lower prices on everything from steaks to televisions, aiming to keep customers away from rivals like Amazon.com Inc. The company is also introducing more products under its Kirkland Signature brand, such as fragrances, apparel, and a Nutella-like hazelnut spread that’s “flying off the shelves,” Chief Financial Officer Richard Galanti told analysts Wednesday. Costco’s supplier squeeze signals more pain ahead for consumer-product makers like Procter & Gamble Co., Nestle SA and Samsung Electronics Co., which are already grappling with declining brand loyalty and shoppers migrating to online channels.
- InvestorPlace•20 hours ago
Beware of Advanced Micro Devices, Inc. as Rumors Drive Volatility Higher
Such is the case with AMD stock’s recent surge higher. There has been a broad rally in the semiconductor sector in the past week, and Advanced Micro Devices stock has benefitted accordingly. Rumors began circulating yesterday morning in trading circles that Advanced Micro Devices could be a takeover target.
- Zacks•20 hours ago
Micron (MU) Hits Fresh Highs: Is There Still Room to Run?
Have you been paying attention to shares of Micron Technology, Inc.MU? Micron Technology has gained 31.25% since the start of the year compared to the 6.78% move for the Computer and Technology sector and the 31.25% year-to-date return for its peer group. In its last earnings report on December 19, 2017, Micron Technology reported EPS of $2.45 versus the Zacks Consensus Estimate of $2.2 while it beat the consensus revenue estimate by 6.51%.
- CNBC Videos•13 hours ago
Fast Money traders says this one soft drink stock is set ...
"Fast Money" trader Pete Najarian breaks down his pitch on Coca-Cola shares.
- InvestorPlace•2 days ago
10 High-Dividend Stocks to Buy When the Market Is Blue
President Donald Trump ran on a ticket of making America great again. With enthusiasm overshooting rationality, however, high-dividend stocks are suddenly looking very attractive to investors. Throughout President Trump’s administration, the U.S. dollar index has veritably tanked, losing nearly 12% since his inauguration.
Yahoo Finance•14 hours agoYahoo Finance Presents: The Retail Revolution
Stay with Yahoo Finance this week as we tell you the story of the Retail Revolution. The retail business has been evolving at a dizzying pace. Sure, fashion trends have always come and gone, and stores have always opened and closed.
- Zacks•20 hours ago
Motorola Completes Purchase of Plant Holdings From Airbus
Motorola Solutions, Inc. MSI has completed the acquisition of Plant Holdings, Inc. from Airbus Defense and Space, Inc., a division of Airbus. Earlier, Plant Holdings used to oversee the Airbus DS Communications business.Regarding the buyout, both companies
- Zacks•20 hours ago
Conatus (CNAT) Loss Narrower Than Expected in Q4, Sales Miss
Conatus Pharmaceuticals Inc. CNAT has reported fourth-quarter 2017 loss of 15 cents per share, narrower than both the Zacks Consensus Estimate of a loss of 17 cents and the year-ago loss of 35 cents.Conatus’ shares were up 1.31% in after-hours trading
Reuters•1 hour agoGlobal Markets: Shares set to end week back in black, caution ahead of payrolls
World shares hit a one-week high on Friday before easing a touch, as caution ahead of jobs data in the United States outweighed a potential breakthrough in nuclear tensions over the Korean peninsula. Gains came largely from stocks in Asia, which staged sharp rallies after U.S. President Donald Trump said he was prepared to meet North Korea's Kim Jong Un, potentially marking a major breakthrough in nuclear tensions between the two countries. Trump's aides have been wary of North Korea's diplomatic overtures because of its history of reneging on international commitments and the failure of efforts on disarmament by previous U.S. administrations.
FX Empire•yesterdayDow Jones 30 and NASDAQ 100 Price Forecast March 8, 2018, Technical Analysis
The Dow Jones 30 has been very noisy over the last several sessions, and I think that will continue to be the norm for the next couple of days at the very least. The NASDAQ 100 has initially broken down a bit during the day on Wednesday, reaching towards the 6860 level.
- Zacks•20 hours ago
Guidewire (GWRE) to Commence Public & Senior Notes Offerings
Guidewire Software, Inc. GWRE recently announced its intention to raise funds through concurrent underwritten public offerings and convertible unsecured senior notes. In this regard, the company intends to offer concurrent public offering of $200 million
- Bloomberg•2 days ago
In Real Estate, It Pays to Put Women on the Board, Study Shows
Real estate is still largely a man’s world, but companies with women on the board are the ones rewarding investors. Wells Fargo & Co. analysts Jeffrey Donnelly and Dori Kesten examined the gender makeup of boards of 165 U.S. real estate investment trusts from 2006 to 2017.
- Bloomberg•yesterday
This Peter Thiel-Backed Senate Candidate Has It In for Google
Josh Hawley, the state’s attorney general, has decorated the room with reminders of his family and some more political keepsakes, including a portrait of Ronald Reagan and a copy of Barry Goldwater’s Conscience of a Conservative. Hawley, a 38-year-old Yale Law School graduate with Ken doll looks and Federalist Society bona fides, has spent his 14 months in office pursuing cases that seem designed to attract attention beyond Missouri’s borders. Alphabet Inc., Google’s parent, is his biggest target yet.
- MarketWatch•23 hours ago
Japan suspends two cryptocurrency exchanges in hopes of strengthening security
Japan’s crackdown comes after $530 million in NEM cryptocurrency was stolenAFP/Coincheck president Koichiro Wada, left, at a January press conference in Tokyo. The Japanese government had said it would impose administrative measures on the virtual currency exchange after hackers stole hundreds of millions of dollars in digital assets from the firm. Two cryptocurrency exchanges were temporarily suspended by a Japanese regulator Thursday as part of its effort for stronger security in the market after millions of dollars in digital currency was stolen earlier this year.
- CNBC Videos•yesterday
Cramer: The wrong stocks are going up—here's what it mean...
Jim Cramer warns investors about the strength in cloud-based technology stocks.
- Zacks•2 days ago
Why Did AMD Stock Pop on Wednesday Morning?
After starting the day relatively flat, shares of Advanced Micro Devices AMD suddenly popped more than 8% in morning trading Wednesday. The sudden spike seems to be linked to an unsubstantiated rumor that the trendy chipmaker could be the subject of a takeover.
- Bloomberg•19 hours ago
U.S. Household Debt Rose Last Quarter at Fastest Rate Since 2007
U.S. household debt jumped in the fourth quarter at the fastest pace of this expansion while wealth gains continued amid a rising stock market, underscoring the forces behind recent strength in consumer spending, a Federal Reserve report showed Thursday. Key Takeaways The pace of household debt accumulation during the quarter reflects the Fed’s previously reported outsize 7.8 percent annualized rise in consumer credit, along with a 3 percent gain in mortgage borrowing. Such activity helped fuel a 3.8 percent rise in consumer spending in the period, the fastest in more than a year. Figures released Wednesday showed Americans put away their credit cards in January, as revolving credit outstanding
- Fortune•21 hours ago
Why McDonald’s International Women’s Day Celebration Isn’t Going as Planned
McDonald's made good on its promise of flipping its iconic golden arches in celebration of International Women's Day. The fast food giant created an entirely new set of inverted golden arches for the sign outside its Lynwood, Calif. location. The chain's chief diversity officer Wendy Lewis explained that the move was intended to honor "the extraordinary accomplishments of women everywhere and especially in our restaurants.
- Yahoo Finance•2 days ago
What Trump is missing on jobs
You’re not likely to hear President Trump say much about lab technicians, car mechanics, veterinarians, nurses, social workers or security consultants. Trump, of course, glorifies manly, industrial-era jobs. “From Bush 1 to present, our Country has lost more than 55,000 factories [and] 6,000,000 manufacturing jobs,” Trump tweeted on March 7.
- InvestorPlace•22 hours ago
3 Reasons You Should Avoid Snap Inc Stock at All Costs
The social media space is a fickle place to operate- especially when you’re catering to younger users whose minds can change with the wind. On one hand, SNAP has been able to capture the attention of the elusive millennial generation, however unfortunately that same demographic is also very fickle and could turn on the company quickly. The company’s core users complained and influential celebrities like Kylie Jenner commented that the app was virtually useless.
- Bloomberg•22 hours ago
At Goldman, Blankfein Touches a Nerve With Dina Powell's Return
Dina Powell’s departure from the White House offered Wall Street the chance to enlist a rare set of skills: an industry insider who can also navigate President Donald Trump’s inner circle. Lloyd Blankfein seized it. The Goldman Sachs Group Inc. chief executive officer was the driving force behind the firm’s decision to rehire Powell and elevate her to the company’s powerful management committee, according to people with knowledge of the matter.
Reuters•2 days agoAirbus says 3,700 jobs hit by slower A380, A400M deliveries
Airbus on Wednesday confirmed lower production rates of its A380 superjumbo and A400M military aircraft and said up to 3,700 jobs would be hit in France, Germany, Britain and Spain. Dubai's Emirates saved the A380, the world's largest passenger jet, from death row in January with an order worth $16 billion at list prices.
- Zacks•21 hours ago
Company News For Mar 8, 2018
Shares of H&R Block, Inc. HRB surged 11.5% after reporting fiscal third quarter loss per share of $1.16, narrower than the Zacks Consensus Estimate of loss of $1.33Urban Outfitters, Inc.’s URBN shares gained 0.2% after posting fiscal fourth quarter 2018
- Silicon Valley Business Journal•15 hours ago
Judge orders Cisco Systems and Arista Network to provide update in patent fight
See Correction/Clarification at end of article A judge is ordering a joint status report from Cisco Systems and Arista Networks regarding an ongoing legal battle between the two rivals. "The Court has not received a status report on the investigations and when the parties expect that the stay may be lifted or the case dismissed," United States District Judge Jeffrey S. White of California's Northern District wrote in a court document filed Tuesday. White said he wants the two companies to submit the status report no later than March 23. In a fight that started in 2014 and continues today, San Jose-based Cisco filed lawsuits alleging that Santa Clara-based Arista infringed on its networking equipment
