- Yahoo Finance•3 hours ago
Walgreens in, GE out — What you need to know in markets on Wednesday
Tuesday was a day of trade worries for investors. Investors were greeted by a sea of red early Tuesday, though pared some of these losses during the trading day. The Dow ultimately closed with the steepest losses, dropping 287 points, or 1.1% with industrial giants Boeing (BA) and Caterpillar (CAT) each dropping more than 3%.
- TheStreet.com•3 hours ago
3 Warren Buffett Stock Picks That Could Be Perfect for Your Retirement Portfolio
Warren Buffett, the chief executive of Berkshire Hathaway Inc. , has long been lauded as one of the greatest value investors of this lifetime. That makes his picks for Berkshire a solid pick for a retirement fund with a few years to grow. His preferences
The Wall Street Journal•yesterdayDisney Tests Pricing Power at Theme Parks
LOS ANGELES—After raising some ticket prices for its theme parks by more than 20% over the past five years, Walt Disney Co. will set a new benchmark this week when it offers die-hard fans the chance to attend a six-hour preview of a new attraction at Disneyland—for $299. The steep price stems in part from a perennial tension Disney faces at its theme parks, where public demand is so strong that its two domestic locations, in particular, can fill to capacity during certain times of year. In response, Disney is considering new approaches to pricing amid upgrades at Disneyland in Southern California and Walt Disney World in Orlando, Fla., that are expected to attract even more people.
- Zacks•13 hours ago
Do Options Traders Know Something About AT&T (T) Stock We Don't?
Investors in AT&T Inc. T need to pay close attention to the stock based on moves in the options market lately. What is Implied Volatility? Options with high levels of implied volatility suggest that investors in the underlying stocks are expecting a big move in one direction or the other.
- CNBC Videos•5 hours ago
Here's what the Oracle CEO just said about cloud competit...
CNBC's Josh Lipton breaks down comments from the Oracle CEO on its recent earnings report.
- CNBC•13 hours ago
5 big retirement mistakes people don't realize they are making
Investors have learned the importance of investing for retirement through a 401(k), traditional IRA or Roth IRA. Many investors think it's enough to set up a plan and let time in the market do its work. The road to retirement is a minefield.
Yahoo Finance•yesterdayPaul Tudor Jones warns the next recession will be 'really frightening'
Legendary global macro trader Paul Tudor Jones is warning that asset prices are too high. And furthermore, he’s concerned about what the next recession might look like. He shared his thoughts on Monday during a conversation with Goldman Sachs CEO Lloyd
- CNBC•yesterday
Suze Orman shares the biggest money mistake that almost everyone makes
No matter what your main financial goal is — a house , early retirement or just getting out of debt — odds are you'd like to boost your income. As Suze Orman , financial expert and former CNBC host, told the audience at the 2017 eMerge Americas conference, "The biggest problem is when you do make it big and you don't know what to do with your money. Because then, what happens is some financial advisor is going to come by and give you a slick presentation , they're going to give you an elevator speech and a pitch, and you're going to take it.
- Bloomberg•yesterday
Musk Calls for Paranoia After Fire Halts Tesla Assembly Line
Tesla Inc. Chief Executive Officer Elon Musk just invoked a late tech titan in urging workers to keep an eye out for any funny business after a fire briefly halted car output. In a “strange incident that was hard to explain,” a small fire on a manufacturing line in Tesla’s plant stopped production for several hours, Musk wrote in an email to employees Monday. Tesla can ill afford manufacturing setbacks now.
- TheStreet.com•11 hours ago
5 Stocks That Are Screaming Buys Right Now
Here we used TipRanks' stock screener to pinpoint the most compelling stocks right now. The Street is buzzing about Neurocrine's Ingrezza drug, the first FDA-approved treatment for adults with tardive dyskinesia. On its first quarter earnings call, Neurocrine updated the Street with respect to ongoing market penetration for Ingrezza.
- InvestorPlace•13 hours ago
3 Stocks to Buy on Weakness
In other words, investors, particularly longer-term investors, should try to find stocks to buy on weakness that will probably prove to be temporary. Snap Inc (NYSE:SNAP) stock, Daqo New Energy Corp (NYSE:DQ) and Wynn Resorts, Limited (NASDAQ:WYNN) stock fit all of these criteria.
- Morningstar•15 hours ago
How Tax Deductions Are Changing
Baird's Tim Steffen discusses the new tax law's impact on standard and itemized deductions.
- Barrons.com•5 hours ago
Opportunity Calls for AT&T, Verizon
Shares of telecom giants AT&T (T) and Verizon Communications (VZ) are higher today, with the latter boosted by an analyst upgrade. Deutsche Bank's Matthew Niknam boosted his rating on the stock to Buy, with a $56 price target. Speaking of that, JPMorgan's Phillip Cusick resumed coverage of AT&T with a Neutral rating and $36 price target today.
- U.S.News & World Report•12 hours ago
7 High-Quality Dividend Stocks To Buy
When the stock market is struggling to make gains like it has in 2018, dividends are a reliable source of income. Bank of America Corp. (ticker: BAC) recently screened to find the highest-quality dividend stocks in its coverage universe. Automatic Data Processing has a dividend yield of 1.8 percent, a free-cash-flow-to-dividend ratio of 1.8, a return on equity of 43.7 percent and a debt-equity ratio of just 0.5 percent.
Business Insider•10 hours agoHow to figure out whether embattled bank Wells Fargo owes you money before the deadline to file a claim passes
Wells Fargo owes some of its customers money. Until July 7, Wells Fargo clients affected by Wells Fargo's fraudulent account scandal can join a class action settlement. The bank is currently undergoing a class action settlement over the roughly 3.5 million unauthorized accounts its employees opened in the name of unsuspecting clients from 2009 to 2016.
- Zacks•11 hours ago
General Electric to Lay Off Employees, Aims Cost Reduction
General Electric Company GE yesterday announced that will lay off as many as 1,200 jobs in Switzerland, all related to its power generation business. Notably, this plan is a part of the company’s cost-reduction initiatives announced in 2017.In this context
- Zacks•12 hours ago
General Motors to Get Rid of 3 Cadillac Sedans, Invests $175M
Per Associated Press, General Motors Company GM is dumping three Cadillac sedans and replacing them with two new ones over the next three and a half years. This auto giant has announced that it is going to invest $175 million to update a plant in Lansing
- TheStreet.com•4 hours ago
Why GE's Stock Has Fallen 15% in the Last 30 Days
Shares of the beleaguered industrial giant are down 15% in the last 30 days, despite getting a boost from investors on May 21 when the company announced an $11.1 billion deal between GE Transportation and Wabtec. The challenges in the Power segment could pose a severe risk to GE's credit rating.
- CNBC•3 hours ago
Cramer's lightning round: GE's CEO was dealt 'one of the worst hands that anyone’s ever been given'
It's that time again! "Mad Money" host Jim Cramer rang the lightning round bell, which means he gave his take on callers' favorite stocks at rapid speed. General Electric Company GE : "[CEO] John Flannery is doing his best with one of the worst hands that anyone's ever been given. Molson Coors Brewing Company TAP : "It's so funny because I am a Coors Light drinker and all of my friends know that (except for when I'm drinking Corona at my bar), and I just think that Molson Coors is just not doing well enough to recommend the stock.
InvestorPlace•11 hours agoChesapeake Energy Corporation Is a Strong Bet for Energy Sector Bulls
Energy stocks have dominated the market this week. In fact, more than half of the top gainers on the S&P 500 on Monday were energy stocks. Sector favorite Chesapeake Energy Corporation (NYSE:CHK) was among them, gaining more than 2%.
- Bloomberg•3 hours ago
GE’s Dow Eviction Is a Form of Intervention
John Flannery has one less reason to keep General Electric Co. together. The 126-year-old company and last original member of the Dow Jones Industrial Average was dropped from the index on Tuesday and will be replaced with … drugstore chain Walgreens Boots Alliance Inc. GE's place on the benchmark index had been an open question for some time now as as a drumbeat of earnings disappointments and poor capital-allocation decisions battered its stock and left it with a cash crunch that’s put its dividend in jeopardy yet again. But even after everything GE has been through, the booting from the benchmark has to sting. The ultimate relevance of a company's inclusion in the Dow to its stock price is debatable, but the symbolism is palpable.
- Zacks•6 hours ago
Why Netflix (NFLX) Stock Surged Again & Why It Matters
Shares of Netflix NFLX popped over 3% through afternoon trading on Tuesday to hit yet another new all-time high on the back of the most bullish analysts call to date. GBH Insights upped its price target to a whopping $500 per share, less than a week after Goldman Sachs GS lifted its target to $490. GBH Insights raised its NFLX price target from $400 per share to $500 on Tuesday, which marked a 28% premium from Monday’s closing price of $390.40.
- TheStreet.com•2 hours ago
CVS, Walgreens and Citigroup: Cramer's 'Off the Charts'
In the "Off the Charts" segment of Mad Money Tuesday night, Jim Cramer checked in with Carolyn Boroden, who runs the FibonnacciQueen.com website and contributes to RealMoney.com. By doing so, she was able to identify key Fibonacci ratios for the stock's price that told her things were going to turn around. This floor represented a cluster of three Fibonacci price relationships, including the 161.8% extension of a prior swing.
- Bloomberg•4 hours ago
GE Falls After Being Removed From Dow Jones Industrial Average
General Electric, an original and steadfast component, will be replaced by Walgreens Boots in the Dow Jones Industrial Average as of June 26.GE’s significant underperformance in the past few months had led many investors to contemplate the possibility
- Investor's Business Daily•14 hours ago
Dow Jones Futures Tumble As Trump Escalates China Trade War; These 4 Top Techs Hit Buy Zones
Dow Jones futures tumbled Tuesday morning after President Donald Trump said he has instructed the U.S. Trade Representative to identify another $200 billion in Chinese goods for tariffs, ratcheting up the U.S.-China trade war. S&P 500 futures and Nasdaq
