- S&P 5002,854.88+1.09%
- Dow 3025,962.51+0.84%
- Nasdaq7,838.96+1.42%
- Russell 20001,562.41+1.25%
- Crude Oil59.87-0.60%
- Gold1,308.60+0.53%
- Silver15.47+0.99%
- EUR/USD1.1373-0.4663%
- 10-Yr Bond2.5370+0.08%
- Vix13.64-1.94%
- GBP/USD1.3105-0.6762%
- USD/JPY110.8110+0.1093%
- BTC-USD3,993.97-1.55%
- FTSE 1007,355.31+0.88%
- Nikkei 22521,608.92+0.20%
- Zacks•23 hours ago
1-800-Flowers.com (FLWS) Gains As Market Dips: What You Should Know
The stock outpaced the S&P 500's daily loss of 0.29%. This has outpaced the Retail-Wholesale sector's gain of 2.23% and the S&P 500's gain of 2.14% in that time. For the full year, our Zacks Consensus Estimates are projecting earnings of $0.46 per share and revenue of $1.24 billion, which would represent changes of -24.59% and +7.29%, respectively, from the prior year.
- Bloomberg•11 hours ago
Trump Tax Reform Hits Home in Wealthy New York Suburbs
It was the lower property taxes. Like many of Boniakowski's clients at Redfin Corp.'s Hoboken office, these two are looking at their returns for the first time since President Donald Trump's tax changes took effect and, despite more than a year of lead time, experienced a mild freakout. The Tax Cut and Jobs Act promised to, well, cut taxes.
- American City Business Journals•36 minutes ago
NRG paid CEO 77 times its median employee in 2018
Total compensation for NRG Energy Inc.'s (NYSE: NRG) top executive held mostly steady compared to the company's median employee compensation in 2018, according to a document filed with the U.S. Securities and Exchange Commission on March 13. NRG, which has dual headquarters in Houston and New Jersey, paid CEO Mauricio Gutierrez $8.91 million in 2018, about 77 times the $115,122 it paid its median employee, according to the SEC document, a proxy statement giving information ahead of the company's annual shareholder meeting. NRG said in the proxy that it needs to make sure its executive compensation program is consistent and equitable in order to motivate employees.
- Investopedia•23 minutes ago
CVS Selling CBD Products, Curaleaf Stock Skyrockets
Curaleaf Holdings Inc. (CURLF) soared more than 20% on news that drug chain CVS Health Corp. (CVS) will carry Curaleaf's line of CBD products in more than 800 stores, per Bloomberg. The news boosted Curaleaf's market value to nearly $3.8 billion as CVS shares rose more than 2%. Curaleaf and CVS are tapping into a potentially huge market.
Yahoo Finance•8 hours agoWhy the Federal Reserve may have just killed the stock market rally
A very dovish Federal Reserve The setup into Fed Day was this: A patient Fed on the interest rate hiking front would lead to a growth acceleration in the second half of this year. After all, how could the U.S. economy not catch fire with rate hikes all but off the table in 2019, the job market still solid and corporations benefiting from the Trump tax cuts. Unfortunately for the bulls, Powell stuck a dagger in their hearts by perhaps being too dovish.
- American City Business Journals•21 minutes ago
MillerCoors sues Anheuser-Busch over corn syrup ads
MillerCoors has escalated the beers wars, filing a lawsuit against Anheuser-Busch Cos. LLC. because of a Bud Light ad campaign MillerCoors believes is "false and misleading." The lawsuit, filed Thursday in the Western District of Wisconsin, seeks to set the record straight and obtain monetary relief for damages for the corn syrup-related ads, which first began during the Super Bowl last month. MillerCoors, which is based in Chicago but maintains significant operations in Milwaukee, has repeatedly countered Bud Light's messaging around its use of corn syrup in the brewing process for both Miller Lite and Coors Light, but none of that had involved any sort of legal action before today.
- Zacks•2 days ago
Marathon Petroleum (MPC) Dips More Than Broader Markets: What You Should Know
Heading into today, shares of the refiner had lost 4.71% over the past month, lagging the Oils-Energy sector's gain of 2.08% and the S&P 500's gain of 2.24% in that time. Investors will be hoping for strength from MPC as it approaches its next earnings release. In that report, analysts expect MPC to post earnings of $0.58 per share.
- USA TODAY•4 hours ago
Should you take your Powerball ticket jackpot as a lump sum or annual payments?
The Powerball jackpot grew even richer after no ticket won the $550 million lottery on Wednesday night. No one has scored the Powerball jackpot since December, creating a mania around the ever-expanding prize. If someone wins the $625 million jackpot on Saturday night - the next scheduled drawing - they are faced with enviable decision of choosing either the cash lump sum of $380.6 million before taxes or 30 annuity payments.
- CNBC Videos•yesterday
Watch 33-year old Bill Gates explain his hiring process and why he moved Microsoft to the Seattle area
In a 1989 NBC "Today Show" interview, Bill Gates explains why he chose not to locate his company in Silicon Valley. He also shares what he was looking for in job candidates. At the time, Microsoft had just over 4,000 employees.
- Investopedia•4 hours ago
How To Set Up a Trust Fund If You're Not Rich
If you've heard of trust funds but don't know what they are or how they work, you're not alone. Many people know just one key fact about trust funds: they're set up by the ultra-wealthy as a way to protect passing on significant sums of money to family, friends or entities (charities, for example) after they pass away. Trust funds are designed to allow a person's money to continue to be useful well after they pass away, but trusts aren't useful only for ultra high-net-worth individuals.
- Investopedia•2 days ago
Living Frugally and Happily in Retirement
The key to living frugally, yet comfortably, in retirement is knowing the difference between frugal and cheap. Paying less for inferior quality is cheap. Frugal budgeting aims to achieve a cost-effective lifestyle in retirement that does not sacrifice comfort.
- Fox Business Videos•yesterday
Why is California facing a jobs crisis?
California Business Roundtable President Robert Lapsley on the factors behind the state's jobs crisis.
- InvestorPlace•yesterday
5 of the Best Dow Jones Stocks to Buy for Solid Dividends
Here are five of the best Dow Jones dividend stocks to buy today. Top Dow Jones Dividend Stocks: Cisco Systems (CSCO) Dividend Yield: 2.63% Dow Jones stock Cisco Systems (NASDAQ:CSCO) is proof that old dogs can learn new tricks and that tech's elder statesmen still have plenty of growth behind them. After being the go-to networking firm during the dotcom days, CSCO switched gears to offer more services and other products to go along with their networking equipment.
- Zacks•50 minutes ago
Why Lululemon (LULU) Stock Looks Like a Buy Heading into Q4 Earnings
Lululemon LULU shares popped over 3% Thursday heading into the release of its fourth quarter financial results, as part of its larger 2019 climb. The yoga apparel and athleisure giant's bottom-line looks set to surge as it expands its menswear business, its global reach, and more. Recent News Barclays analysts earlier this week elaborated on why they are high on Lululemon as it tries to grab market share from Nike NKE, Adidas ADDYY, and Under Armour UAA—which has struggled to roll out compelling athleisure offerings.
- Bloomberg•yesterday
Would-Be Tesla Rival Soars After Snagging First Bull Rating
Benchmark analyst Bill Sutherland assigned a “speculative buy” recommendation on the electric vehicle maker. SOLO, the company's one-person, three-wheel, fully enclosed battery electric vehicle “has a large potential” total addressable market, since 83 percent of all cars on the highway only have one occupant, Sutherland wrote in a note. “This company is producing the car that Elon Musk wishes he were building,” ElectraMeccanica Chief Executive Officer Jerry Kroll said in an interview with Bloomberg Television earlier this year.
- CNBC•7 hours ago
The winner of Warren Buffett's March Madness office pool could get $1 million a year for life
Your office's March Madness pool most likely pales in comparison to what billionaire Warren Buffett is offering his employees if they can predict which teams make this year's Sweet 16 of the men's NCAA tournament. The investor known as the "Oracle of Omaha" has a penchant for making multimillion-dollar bets that test his employees' predictive abilities, and this year's no different. Buffett is once again offering to pay $1 million a year for life to any of the employee of Berkshire Hathaway or its subsidiaries who accurately predicts the results of the first week of March Madness games.
- TheStreet.com•2 hours ago
Should You Buy the Biogen Dip?
So is now the time to step away from Biogen or do we buy the dip in this biotech giant? Trading Biogen Stock To get an idea about the size of this decline, we had to zoom out and use a four-year weekly chart of Biogen stock. This shows the magnitude of Thursday's decline, with Biogen slashing through its 10-week, 50-week and 200-week moving averages all at once.
- TheStreet.com•3 hours ago
Rite Aid Shareholders Approve Reverse Stock Split Plan
Rite Aid's struggling stock could soon get a boost after shareholders approved a reverse split of the security, which will cut down on the number of shares traded and in turn boost the stock price. Rite Aid shares are currently trading well below $1 per share, putting it in danger of being delisted from the New York Stock Exchange. Rite Aid shares were falling 2.4% to 68 cents on Thursday.
Reuters•yesterdaySAP signals cloud intent as it ousts top in-house programmers
Gone is Bjoern Goerke, chief technology officer and head of SAP's cloud platform business, along with programming gurus Thomas Jung and Rich Heilman - both highly respected in the wider SAP developer ecosystem. The departures underscore CEO Bill McDermott's determination to deliver on his long-stated ambition to drag SAP out of its comfort zone providing old-school enterprise software and complete its transformation into a digital platform business. "The existing business must be supported with the necessary know-how," said Marco Lenck, chairman of the German-speaking SAP User Group (DSAG) which represents 3,500 companies.
- InvestorPlace•6 hours ago
There's Smoke, But Is There Still Fire for ACB Stock?
That is not an impossible climb for ACB stock, but the near- to medium-term issue is finding upside catalysts because plenty of good news is already baked into this marijuana stock. For example, ACB surged earlier this month on news activist investor Nelson Peltz is joining the company as an advisor. That sent ACB stock to a double-digit intraday gain and the shares are up more than 11% since then.
- TechCrunch•2 hours ago
Tesla sues former employees, Zoox for alleged trade secret theft
Tesla has filed a pair of lawsuits against a handful of former employees who went to work at self-driving vehicle startup Zoox and Chinese EV automaker Xiaopeng. The separate lawsuits filed late Wednesday allege former Tesla employees stole trade secrets and used them at their new places of employment. Tesla declined to comment on either lawsuit.
Reuters•21 hours agoAT&T CEO says China's Huawei hinders carriers from shifting suppliers for 5G
AT&T Inc Chief Executive Randall Stephenson said Wednesday that China's Huawei Technologies Co Ltd is making it very difficult for European carriers to drop the company from its supply chain for next-generation 5G wireless service. "If you have deployed Huawei as your 4G network, Huawei is not allowing interoperability to 5G -- meaning if you are 4G, you are stuck with Huawei for 5G," said Stephenson at a speech in Washington. The United States has been pressuring other countries to drop Huawei from their networks.
- USA TODAY•22 hours ago
Tax refunds went up for these Americans
The big headlines earlier this year about much smaller-than-average tax refunds painted a murky picture regarding the outlook for big-ticket sales for used cars, furniture, electronics and even special dinners out. If many people were to see much smaller tax refunds, after all, wouldn't car dealers and retailers see sluggish sales early this year? Tax refunds are the biggest single payday of the year for many families.
- InvestorPlace•9 hours ago
Microsoft Stock Is Just Too Good to Buy Right Now
However, due to its solid balance sheet and renewed growth, the case for holding MSFT stock has become more robust than ever. Microsoft Stock Is Back Once written off as a company trapped in a declining PC business, Microsoft has successfully redefined itself. MSFT has now reached a market cap of $900 billion.
Yahoo Finance•20 minutes agoStocks rise, Apple shares jump after bullish call
The Bank of England on Thursday decided to keep its benchmark interest rate unchanged at 0.75%, as firms prepare for a potentially chaotic UK departure from the European Union (EU). Shifting expectations about the potential nature and timing of the United Kingdom's withdrawal from the European Union have continued to generate volatility in UK asset prices, particularly the sterling exchange rate,” the BOE's Monetary Policy Committee wrote in a statement Thursday. Brexit uncertainties also continue to weigh on confidence and short-term economic activity, notably business investment,” the central bank said.
