- S&P Futures2,764.75-0.27%
- Dow Futures25,192.00-0.30%
- Nasdaq Futures7,113.25-0.67%
- Russell 20001,667.77-0.49%
- Crude Oil65.79-0.24%
- Gold1,303.30+0.02%
- Silver16.820.00%
- EUR/USD1.17-0.47%
- 10-Yr Bond2.93-1.48%
- Vix12.92+11.00%
- GBP/USD1.34-0.45%
- USD/JPY109.47-0.23%
- BTC-USD7,580.43-1.55%
- FTSE 1007,709.47+0.07%
- Nikkei 22522,694.50-0.56%
- CNBC•23 hours ago
How this Indiana couple stole $1.2 million from Amazon
On Monday, a U.S. District Court judge sentenced a Muncie, Indiana married couple to nearly six years in prison apiece for stealing more than $1.2 million in consumer electronics from e-commerce giant Amazon. It's the end to a con that Joseph and Leah Jeanette Finan, both 38, had been perpetrating for years. "Their Amazon scheme was their 'job,'" the federal government said of the Finans in its press release.
- Zacks•yesterday
Jazz Pharmaceuticals (JAZZ) Up 16.9% Since Earnings Report: Can It Continue?
It has been about a month since the last earnings report for Jazz Pharmaceuticals PLC JAZZ. Before we dive into how investors and analysts have reacted as of late, let's take a quick look at its most recent earnings report in order to get a better handle on the important catalysts. Jazz Pharmaceuticals reported adjusted earnings of $2.98 per share for first-quarter 2018, which beat the Zacks Consensus Estimate of $2.76.
- U.S.News & World Report•23 hours ago
9 Best Cheap Stocks to Buy Now Under $5
Remember, with prices that low, this group of names is indeed far riskier than your typical S&P 500 member -- so keep the risk-versus-reward dynamic in mind before pulling the trigger. Like many of the best cheap stocks to buy now, Denbury is rife with both opportunity and risk -- best illustrated by its wild ride from $17 per share in 2014 to less than $1 in 2017. Now trading above $4 a share, this $2 billion company is a U.S. oil and natural gas producer whose fate is intertwined with energy prices.
Bloomberg•2 hours agoVerizon Names Vestberg as New CEO
Verizon Communications Inc. named Hans Vestberg chief executive officer, putting an end to months of speculation over who would take over at the wireless giant in the midst of a tumultuous year for the telecommunications industry. Vestberg, 52, the current head of Verizon’s new network and technology unit, takes over as CEO from Lowell McAdam effective Aug. 1, Verizon said Friday in a statement. McAdam, 64, will serve as executive chairman through his retirement at the end of the year, at which time he will become non-executive chairman.
- MarketWatch•2 hours ago
Philip Morris boosts dividend by 6.5%
Philip Morris International Inc. said Friday it raised its quarterly dividend by 6.5%, to $1.14 a share from $1.07 a share. The cigarettes and smoke-free products company's stock was still inactive in premarket trade. The new dividend will be payable July 11 to shareholders of record on June 22.
Business Insider•2 days agoElon Musk fights back tears at Tesla shareholder meeting, says past few months have been 'excruciating, hellish' (TSLA)
Tesla CEO Elon Musk began the company's annual shareholder meeting on Tuesday on an emotional note. Musk appeared to be on the verge of tears as he said Tesla builds its vehicles with a level of care and affection that other automakers can't match.
- InvestorPlace•2 days ago
IHOP Name Change Doesn’t Sit Well With Pankcake Fans
The announcement was made by the company via its Twitter Inc (NYSE:TWTR) account. The following are comments from Twitter users reacting to the name change. “It’s not like there’s any IHOP brand confusion.
- CNBC Videos•23 hours ago
Altaba buys back 195 million share in exchange for Alibab...
CNBC's David Faber reports on Altaba's $16 billion buyback.
InvestorPlace•22 hours agoRoku Inc Is Gearing Up for a Massive Breakout
After a hot IPO, Roku Inc (NASDAQ:ROKU) was settling in below $20. Within three days, Roku stock was officially a double and $40 has played a significant role since. Roku stock did a good job getting over both its 50-day and 100-day moving averages.
- InvestorPlace•23 hours ago
Jump in on Chesapeake Energy Stock as the Good News Keeps Piling Up
It’s no secret that former-shale superstar Chesapeake Energy (NYSE:CHK) has been a roller-coaster ride of epic proportions over the last few years. Much things might be looking up for Chesapeake stock. There’s been plenty of improvement at the Chesapeake stock.
- MarketWatch•yesterday
All the ways you can mess up your 401(k) — even if you max out your contributions
Workplace retirement plans get a lot of bad press, primarily if they are loaded with high fees. Put simply, 401(k)s work. The bad news is that otherwise-diligent savers can still leave money on the table with a 401(k), often without realizing it.
- MarketWatch•14 minutes ago
Money flows in 11 popular tech stocks suggest a contrarian signal is coming up
If you do, look at money flows — they give you an edge. Technology stocks are the leaders in this “up” leg in the stock market. • When taken in totality, money flows are the most positive since January 2018.
- CNBC Videos•14 hours ago
Cramer: Don't be afraid to pay up for best-of-breed stock...
Jim Cramer explains why investors should always seek the highest quality when buying shares in companies.
- TheStreet.com•yesterday
Warren Buffett at Age 87 Still Does One Amazing Thing That Drives Success
Known as the 'Oracle of Omaha', Buffett has made himself into a household name through legendary investing techniques that have amassed him a $79 billion net worth at 87 years old. Buffett started playing the markets at the young age of 11, but he's offered sage wisdom on investing for years since he made his first millions.
- Bloomberg•22 hours ago
Walmart Sues Its Former Head of Tax for Jumping to Amazon
Walmart Inc. sued its former chief tax officer for violating her employment agreement by defecting to online rival Amazon Inc., the latest broadside in the slugfest between the two retail giants. Lisa Wadlin, Walmart’s senior vice president and top tax executive, wrongfully left the Bentonville, Arkansas-based chain last month to move to Amazon’s headquarters in Seattle, Walmart officials said Wednesday in a lawsuit. “Wadlin’s pursuit of employment with Amazon eviscerates the contractual terms Walmart bargained for’’ in her employment pact, Walmart’s lawyers said in the Delaware Chancery Court lawsuit.
Business Insider•yesterdayGoogle is staring down the barrel of another massive fine and a crackdown that could rip the company apart (GOOG)
Google may be hit with a second major penalty from European regulators over antitrust. Google is accused of forcing smartphone makers to preinstall services such as Google Search on its Android operating system. The timing couldn't be worse for Google given the growing global appetite to break up big tech — and the company may be forced to unbundle Android from its search business.
InvestorPlace•2 days agoBuy or Sell AT&T Inc. Stock With Its 6% Dividend Yield?
It hasn’t been the smoothest ride for AT&T Inc. (NYSE:T). In fact, after failing to push through $40 several times in 2016 and 2017, it’s been all downhill for T stock. The payout for T stock has gotten extreme.
Reuters•yesterdayVenezuela struggles with huge oil export backlog
The oil company in recent days has raised the prospect that deliveries could be interrupted to some of the world's largest refiners if it fails to end a tanker bottleneck contributing to a sharp decline in oil exports, the lifeblood of the OPEC-member nation. Tankers waiting to load more than 24 million barrels of crude, almost as much as PDVSA shipped in April, are sitting off the country's main oil port, according to the data.
- Zacks•yesterday
New Strong Sell Stocks for June 7th
Here are 5 stocks added to the Zacks Rank #5 (Strong Sell) List today:Briggs & Stratton Corporation BGG is a manufacturer and seller of gasoline engines. The Zacks Consensus Estimate for its current year earnings has been revised 14.4% downward over the
- Zacks•2 days ago
Southwest Airlines (LUV) Stock Declines 22% YTD: Here's Why
Shares of Southwest Airlines Co. LUV have lost 22.2% so far this year, underperforming its industry's decline of 11.1%. Why the Lackluster Price Performance?Southwest Airlines has faced multiple headwinds this year. In April, a passenger on its flight
- Investopedia•19 hours ago
Why AMD's Overbought Shares Will Fall Further
Shares of Advanced Micro Devices Inc. ( AMD) have been on a tear over the past six months, rising by nearly 50% to the highest level in a decade on Wednesday. It's shares were already down well over 4% today in early-afternoon trading in New York. An analysis of the technical chart shows AMD is way overbought.
- MarketWatch•2 hours ago
Altaba’s offer to buy back stock includes selling about 100 million Alibaba shares
Shares of Altaba Inc. fell Thursday, reversing earlier gains that had them heading to an 18-year high, after the company formerly known as Yahoo said it has commenced a tender offer to buy up to 195 million of its outstanding shares. As Altaba’s tender offer includes the sale of nearly 100 million Alibaba Group Holding Ltd.’s(BABA) shares, Alibaba’s stock slumped 2.3%, dragging Altaba’s stock lower. Altaba was Yahoo until the sale of Yahoo’s operating business to Verizon Communications Inc.last year, and is now a closed-end management investment company managing its large stake—nearly 15%—in China-based e-commerce giant Alibaba.
- Bloomberg•7 hours ago
Airbus Seals Bombardier C Series Deal in Challenge to Boeing
Airbus SE firmed up plans to assume control of Bombardier Inc.’s C Series and start building the cutting-edge jetliner in the U.S., ushering in a new era for an aircraft with a spotty sales record. It will start building a C Series plant in Alabama next year, with its first planes set for delivery in 2020, Philippe Balducchi, the program’s chief executive officer, told reporters. Airbus’s takeover of the C Series sharpens a clash with Boeing Co. for dominance in the lucrative market for single-aisle jetliners.
- TheStreet.com•2 hours ago
Apple Slides on Report Suppliers Prepping for Sharply Lower iPhone Orders
shares fell sharply in pre-market trading Friday following a report that the tech giant has warned companies in its supply chain to expect a steep drop in iPhone component orders into the second half of the year. Japan's Nikkei Business Review said suppliers were asked to prepare for an order flow of components based on the sale of 80 million new iPhones, a figure that would be around 20% lower than the 100 million figure used last year to prepare for the sale of new iPhone 8, iPhone 8 Plus and iPhone X units. Apple is reportedly preparing three new handsets for its traditional September launch, two with iPhone X-like organic light-emitting diode (OLED) screens and one with a traditional liquid crystal display screen used in the iPhone 8.
- TheStreet.com•20 hours ago
Micron Loses Steam, Turns Lower In Spite of Bullish Goldman Note
Goldman Sachs is bullish on Micron Technology Inc. Analyst Mark Delaney said he is sure the company will top Wall Street profit estimates when it reports fiscal third-quarter results next week. Goldman Sachs' note contrasts a note published Wednesday, June 6, by Longbow Research that re-established coverage on the stock with a neutral rating.
