Here are some of the companies with shares expected to trade actively in Monday's session. Stock movements reflect premarket trading. Nvidia —Down 1.8%: President Donald Trump plans to ratchet trade tensions
Housing affordability hit its worst level in nearly a decade during the first quarter, according to Attom Data Solutions. Attom measures affordability by comparing average wages to median home prices to determine the share of income people need to spend on housing. Prospective buyers needed to shell out more because mortgage rates rose.
"Dividend Aristocrats" are S&P 500 stocks that meet certain minimum size and liquidity requirements and have at least 25+years of consecutive dividend increases. Through its flagship Walgreens chain and certain joint ventures, the company has a presence in more than 25 countries and employs over 385,000 people. WBA's 42 years of consecutive dividend increases qualify it as a Dividend Aristocrat, and the company appears positioned to deliver $5.95 of adjusted earnings per share for fiscal 2018.
Jensen Huang, the man who could seemingly do no wrong, and Brian Krzanich, the leader who would finally give Intel shareholders something beyond the dividend to cheer about. Intel for reasons other than trade, that I think we can all agree might have left fans of the stock in some state of shock. As for Intel, I sort of got smacked in the teeth.
Not everyone needs a financial advisor. As a financial advisor and certified financial planner, I know I can't help every prospective client who comes through the door. Sadly, the financial advice industry has become so confusing for investors to navigate, that many investors now need a college-level course on the subject just to figure out whether they should even consider working with an advisor.
Jun.24 -- Xiaomi's IPO is priced at up to 29.3 times forecast earnings and its CFO says the company deserves such a premium. Bloomberg Intelligence's Vey-Sern Ling discusses the IPO on "Bloomberg Markets: Asia."
The trading week was set to kick off on a downbeat note on Wall Street Monday, as Dow futures fell more than 150 points, dragged lower by a sharp drop in the price of Brent crude and by fresh threats from President Donald Trump against the U.S.’s trading partners. Dow Jones Industrial Average futures (YMU18.CBT) slid 165 points, or 0.7%, to 24,435, while S&P 500 futures (ESU18.CME) fell 13.25 points, or 0.5%, to 2,745.75.
She’s concerned her sister will end up carrying the can for the down paymentShe’s concerned her sister will end up carrying the can for the down paymentDear Moneyist,My sister lent our father the down payment to buy his home in Florida.Both their names
Cisco Systems, Inc. ( CSCO) stock has been steadily climbing over the past year, with shares of the networking company reaching prices not seen in nearly 20 years, rising by almost 36%, and easily beating the S&P 500’s return of 13%.
Amazon rolls out discounts for Prime members in Whole Foods stores nationwide. The Prime member discounts include an additional 10% off sale items, typically hundreds of products throughout the store, plus exclusive weekly deep discounts on select items. To enjoy the exclusive deals, customers need to download the Whole Foods app and login using their Amazon Prime account or phone number.
The health venture established by Amazon.com Inc., Berkshire Hathaway Inc. and JPMorgan Chase & Co. will take aim at intermediaries in the health-care system as a part of a broad effort to reduce wasteful spending, the venture’s newly named chief executive officer said. The still-unnamed business will initially seek to develop ways to improve care for the more than 1 million individuals who get health insurance from the three firms. Over time, the venture will make those innovations available freely to other companies, meaning that if it’s successful, its effects could be felt more broadly among the more than 150 million people in the U.S. who get their health insurance through work.
Several tech giants still carry reasonable valuations -- at least after accounting for the impact of heavy near-term spending and/or business model transitions. Apple's revenue growth profile isn't as strong as that of some of the companies mentioned below -- the consensus is for Apple to see 14% revenue growth in fiscal 2018, but just 4% growth in fiscal 2019.
The energy sector appears to have shaken off its dismal start to the year, rebounding nicely as oil prices continue their rise that began in the latter half of 2017. The fears are overdone, however, as some analysts see an opportunity for a rebound in names like Cimarex Energy Co. ( XEC), Matador Resources Co. ( MTDR), Parsley Energy Inc. ( PE), Diamondback Energy Inc. ( FANG), Concho Resources Inc. ( CXO) and Callon Petroleum Co. ( CPE), according to Barron’s.
The backlash against Silicon Valley is growing. Steve Ballmer, the former CEO of Microsoft, has some advice for the likes of Facebook and Google: Accept you've screwed up, and work with regulators to fix it. As Silicon Valley battles scandals and increasing regulatory scrutiny, Former Microsoft CEO Steve Ballmer has warned Facebook and Google not to make the same mistake Microsoft did.
There's no question that AT&T really, really likes it when customers sign up for DirecTV Now. It regularly touts the subscriber numbers, and it has lately offset troubles with the telecom's conventional TV business. A Hawaii News Nowinvestigation asserts that AT&T retail managers pressured staff into using unethical sales tactics for DirecTV Now.
Delaying retirement for just three to six months has the same impact as saving 1 percent more of your salary over 30 years. When it comes to retirement savings, many nest eggs fall short. The power of saving continues to decrease as workers approach retirement age, according to the working paper from the National Bureau of Economic Research .
Here are five things you must know for Monday, June 25: 1. -- Stocks Tumble as Trump Lobs More Trade Threats U.S. stock futures fell on Monday, June 25, and global stocks were tumbling as investors reacted to the latest threats on tariffs from Donald
Jun.24 -- The Shanghai Composite is teetering on the edge of a bear market as investors face the possibility of a U.S.-China trade war. Bloomberg's Divya Balji reports on "Bloomberg Markets: Asia."
Nomura Instinet lowers its rating to neutral from buy for Intel shares, saying the search for the company's next CEO will add to concerns over its strategy. The analyst also cites Intel’s problems in moving to its next-generation chip manufacturing technology. Intel's INTC surprising management turnover will have a negative impact on its share price, according to Nomura Instinet.
General Electric is poised to sell off its industrial engine unit for at least $3 billion, The Wall Street Journal reported on Sunday. General Electric GE may sell a unit that manufactures industrial engines to a private equity firm, The Wall Street Journal reported on Sunday , as part of a wide ranging effort to revitalize the moribund manufacturing giant. The Journal, citing unnamed sources familiar with the matter, said GE could complete a transaction as soon as Monday that would be worth $3 billion or more.
Editor’s note: This column is part of our Best Stocks for 2018 contest. Jason Moser’s pick for the contest is Twitter Inc (NYSE:TWTR). If you’re a Twitter (NYSE:TWTR) investor, you should feel great about the first quarter the company just reported for fiscal 2018 — an unmitigated success by virtually every metric.
Stocks kicked off the week trading lower on Monday as the Trump administration is reportedly preparing to restrict investment in U.S. technology by Chinese companies. The Wall Street Journal reported Sunday that President Donald Trump plans to bar several Chinese companies from making investments in U.S. tech. The newspaper also reported that the administration wants to block additional technology exports to China.
Legendary hedge fund manager Paul Tudor Jones became famous after predicting the market crash of October 19, 1987, known as “Black Monday” when the Dow Jones dropped more than 22%. “The crash of ’87 was really interesting just because the crash of ’87 probably never would have happened except for, again, the market infrastructure at that point in time,” Jones said in a conversation with Goldman Sachs CEO Lloyd Blankfein as part of the firm’s “Talks at GS” series. Jones, 63, began his career at E.F. Hutton as a commodities trader in the cotton pits in 1976 before transitioning to macro trading and founding his hedge fund, Tudor Investment Corp in 1980.
Opinion: Memory chip maker’s stock gains after it combats every doomsday scenario with results and forecastBloomberg News/Landov”The industry we operate within is structurally different than in the past,” Micron Chief Executive Sanjay Mehrotra said Wednesday. Micron Technology Inc. once again countered all the doubts surrounding its stock Wednesday, as executives forcefully contended that the current strength in memory markets is not just a cyclical upturn. Micron (MU) on Wednesday reported strong profit and sales gains with a forecast that showed confidence that demand for memory chips will continue, along with higher prices of those components.
Is a Fannie Mae-Freddie Mac endgame finally in sight? For years, the two mortgage finance giants at the heart of the 2008 housing crisis have languished as wards of the state, stuck in federal “conservatorship” as Congress repeatedly failed to find a framework for a future housing finance system that would offer them a way out. First, a quick recap: Congress in 2012 specified that both companies would send their capital every quarter to Treasury, until they finally reached zero in 2017.