U.S. Markets closed

The Latest: Rookies continue to lead Cowboys' impressive run

1 / 20

Roethlisberger officially out for Steelers vs. New England

Pittsburgh Steelers quarterback Ben Roethlisberger (7) looks to pass after escaping a tackle by Miami Dolphins defensive tackle Jordan Phillips (97), during the first half of an NFL football game, Sunday, Oct. 16, 2016, in Miami Gardens, Fla. Roethlisberger threw and interception and was injured on the play. (AP Photo/Lynne Sladky)

The Latest on Week Six of the NFL season (all times EDT):

7:38 p.m.

Looks like it's decision time for Dallas Cowboys owner Jerry Jones.

Rookie quarterback Dak Prescott put forward a pretty impressive case to remain the starter when Tony Romo is healthy, throwing for three touchdowns in a decisive 30-16 victory in Green Bay on Sunday. While Prescott threw his first pick to end his NFL-record streak of consecutive passes without an interception at 177, he hardly looked rattled playing in Lambeau Field on the day Green Bay honored Hall of Fame quarterback Brett Favre.

Rookie running back Ezekiel Elliott rushed for 157 yards for the Cowboys, who moved to 5-1. Dallas has a week off before hosting Philadelphia on Oct. 23. Romo could be ready by then and Jones has said repeatedly Romo will be the quarterback.

In the other late games, Seattle ended Atlanta's four-game winning streak with a 26-24 win while Kansas City bounced back from a miserable loss in Pittsburgh with a 26-10 victory in Oakland.

---

6:46 p.m.

Dak Prescott's perfect run to start his NFL career is over.

The Dallas Cowboys rookie quarterback threw his first interception in the third quarter against the Packers. Prescott's 177th career attempt was picked off by Green Bay's Morgan Burnett.

Earlier in the game Prescott broke Tom Brady's record for most pass attempts without an interception to start a career. Brady set the mark in 2001.

Despite the miscue, the Cowboys took a 20-6 lead into the fourth quarter.

---

The Dallas Cowboys have dented the Green Bay Packers' league-best run defense.

Dallas has rushed for 93 yards in the first half against the Packers. It is already a season-high against Green Bay, which had been allowing a league-best 42.8 yards per game entering Sunday. Rookie Ezekiel Elliott has 60 yards on 12 carries for Dallas, which was averaging a league-best 155.2 yards per game.

The passing game is also beating the Packers' injury-depleted secondary. Quarterback Dak Prescott has thrown for 166 yards and two touchdowns.

The Cowboys led 17-6 at halftime.

The last time that the Packers trailed by at least 11 points at the half at home was 2013 against Atlanta. Green Bay came back to beat the Falcons 22-21 after trailing 21-10.

---

6:00 p.m.

Kansas City defensive lineman Dontari Poe has struck a blow for all of the NFL's big guys.

The 6-foot-3, 346-pound tackle scored the first rushing touchdown of his career when he scored on a lateral from Alex Smith in the third quarter against Oakland.

Poe lined up to the right of the formation, took a short throw from Smith - ruled a lateral by officials - then bulled his way into the end zone to give the Chiefs a 20-10 lead over the Raiders.

---

5:40 p.m.

It looks like the ''Legion of Boom'' is back in Seattle even with safety Kam Chancellor sidelined.

The Seahawks held the Atlanta Falcons, who came in with the NFL's top-ranked offense, to just a field goal while taking a 17-3 first-half lead on Sunday. Chancellor is out with a groin injury but Richard Sherman and company have picked up the slack.

Seattle sacked Atlanta's Matt Ryan three times in the game's first 29 minutes and limited Julio Jones to just two receptions on 24 yards.

---

5:15 p.m.

Cleveland coach Hue Jackson says Browns defensive back Jordan Poyer has a lacerated kidney that will keep him in a Tennessee hospital at least for a little while longer.

Jackson said everyone knows a lacerated kidney is pretty serious and the Browns need to see how he is.

Poyer was hurt chasing down Titans returner Marc Mariani when Antonio Andrews hit him, knocking Poyer to the ground with 6:33 left in the second quarter. Andrews was flagged and penalized for unsportsmanlike conduct on the blindside hit.

The hit left Poyer bent over on the grass for a few minutes before he was able to walk to the Browns sideline. He was evaluated, then put on a cart that took him to the locker room before Poyer was transported to a local hospital. He was evaluated at the hospital for a concussion and an abdomen injury, revealing the damage to his kidney.

Asked about the hit, Jackson called it just football and doubted Andrews was doing anything more than just trying to block Poyer.

''Sometimes you aim at a spot and hit some other things,'' Jackson said.

Tennessee won 28-26.

-Teresa M. Walker reporting from Nashville

---

4:55 p.m.

Dallas rookie quarterback Dak Prescott is now in the company of Tom Brady.

Prescott set an NFL record in the first quarter of Sunday's game against the Green Bay Packers. His eighth pass attempt of the game gave him 163 passes this season without an interception. That breaks the record for most pass attempts to start an NFL career previously held by Brady, who set it in 2001.

Prescott did turn the ball over shortly after breaking the record when he fumbled while getting pressured by Green Bay defensive end Julius Peppers.

Prescott put the Cowboys on the board first with a 1-yard touchdown pass to Cole Beasley on the game's first drive.

---

4:10 p.m.

The Miami Dolphins and the Pittsburgh Steelers looked like a mismatch coming in. And it was. Just not the way everyone thought.

Running back Jay Ajayi ran for 204 yards and two touchdowns as the Dolphins torched the Steelers 30-15. Pittsburgh quarterback Ben Roethlisberger left briefly with a left knee injury and was ineffective all afternoon, completing just 19 of 34 passes for 189 with a touchdown and two interceptions.

Pittsburgh fell to 4-2 with the loss, which took some of the shine off next week's visit from New England. The Patriots improved to 5-1 with a 35-17 win over Cincinnati. Tom Brady finished with 376 yards passing and three touchdowns in his first home start since his return from his four-game ''Deflategate'' suspension.

Matt Prater's 34-yard field goal with 1:33 left gave the Lions a 31-28 win over the Rams. The Jaguars scored all of their points in the fourth quarter to rally for 17-16 win over the Bears.

Washington won its fourth straight with a 27-20 win over Philadelphia. Buffalo is finishing off a route of San Francisco.

---

3:35 p.m.

The Dallas Cowboys will be without star wide receiver Dez Bryant once again. Bryant is inactive for Sunday's game against Green Bay due to a knee injury. Bryant was limited in practice this week and was hopeful he would return.

The Seattle Seahawks will be missing a pair of key defensive contributors when they face Atlanta and the NFL's best offense. Seattle strong safety Kam Chancellor and defensive end Frank Clark were both inactive for Sunday's game against the Falcons. Chancellor suffered a groin injury during practice on Thursday and was listed as questionable on Friday's injury report.

Clark, who is tied for the team lead with three sacks, injured his hamstring in practice on Monday.

---

3:11 p.m.

Dont'a Hightower has delivered his second safety in as many weeks.

The New England Patriots linebacker threw Bengals quarterback Andy Dalton down in the end zone in the third quarter on Sunday. That cut Cincinnati's lead to 14-12. The Patriots then moved quickly after getting the ball back at their own 32, needing five plays to punch it in on Tom Brady's 4-yard pass to Rob Gronkowski.

It was the first time that Brady and Gronk have connected for a TD this season.

Hightower also forced a safety against Cleveland last week when he pressured Cleveland quarterback Cody Kessler into a backward pass that went out of the end zone.

--Jimmy Golen from Foxborough, Massachusetts.

---

2:57 p.m.

Cleveland Browns defensive back Jordan Poyer has been taken to a Nashville hospital for evaluation after a being crushed on a block on punt return coverage against the Tennessee Titans.

Poyer was chasing down Titans returner Marc Mariani when Antonio Andrews hit him, knocking Poyer to the ground with 6:33 left in the second quarter. Andrews was flagged and penalized for unsportsmanlike conduct on the blindside hit.

The hit left Poyer bent over on the grass for a few minutes before he was able to walk to the Browns sideline. He was evaluated, then put on a cart and taken to the locker room.

As the third quarter resumed, a spokesman announced Poyer had been taken to a hospital to be further evaluated for both a concussion and his abdomen.

-Teresa M. Walker reporting from Nashville

---

2:41 p.m.

The going has gotten a little bit tougher for Tom Brady and the New England Patriots in the quarterback's second week back from his ''Deflategate'' suspension.

The Cincinnati Bengals took a 14-10 early in the third quarter in Brady's first game at home since the end of his suspension. He threw for over 400 yards in an easy win against Cleveland last week. He was 13 of 17 for 152 yards and a touchdown in the first half.

Cam Newton's return to the lineup hasn't exactly given the Carolina Panthers the boost they needed. The Panthers trailed New Orleans 24-10 at the half. Newton, who missed last week with a concussion, went 12 of 22 for 162 yards with a touchdown and a pick in the half.

The Pittsburgh Steelers are in trouble in Miami. The Dolphins took a 16-8 lead into the half and Pittsburgh quarterback Ben Roethlisberger is in the locker room having his left knee evaluated.

Washington dominated Philadelphia in the first half but only lead 21-14 at the break as the Eagles returned a kickoff and an interception for touchdowns to stay within striking distance even though rookie quarterback Carson Wentz and the rest of the offense managed just 41 yards of total offense in the first two quarters.

---

2:10 p.m.

A very shaky start for the Pittsburgh Steelers in Miami has gotten worse. Quarterback Ben Roethlisberger left midway through the second quarter with a left knee injury.

Roethlisberger was rolling to his right when he escaped a potential sack but appeared to take an awkward step as the play continued. He ended up throwing an interception at the end of the play then walked under his own power to the locker room while backup Landry Jones began warming up.

The pick led to a Miami field goal and gave the Dolphins a 9-8 lead.

Jones hasn't thrown a pass this season. He made two starts in place of an injured Roethlisberger in 2015.

---

1:53 p.m.

Colin Kaepernick's return to the San Francisco starting lineup only seemed to up the animosity the quarterback faced for his continued protest during the national anthem.

Amid loud chants of ''USA! USA! USA!,'' Kaepernick knelt for the start of the national anthem in continuing his protest against racial oppression and police brutality at Orchard Park on Sunday. There was a palpable sense of anger outside New Era Field before the game.

One vendor was selling a T-shirt that read ''Wanted: Notorious Disgrace to America,'' and featured a picture of Kaepernick throwing a pass and a bullseye aimed at his chest.

Another T-shirt featured a drawing of a kneeling Kaepernick with the words, ''Shut Up and Stand Up!'' printed.

Kaepernick knelt on the 50 of the 49ers sideline, and joined linebacker Eli Harold and safety Eric Reid. To the left of the kneeling players, cornerback Rashard Robinson and safety Antoine Bethea stood for the anthem with their arms raised.

The entire Bills team stood on the sideline, as players and coaches have done all this season.

There were other similar protests around the league. In Miami, running back Arian Foster, wide receiver Kenny Stills and defensive Michael Thomas all took a knee during the anthem.

In Tennessee, Titans linebacker Wesley Woodyard, defensive linemen Jurrell Casey and DaQuan Jones and cornerback Jason McCourty raised their fists as they've done since Week 3.

In Detroit, Los Angeles defensive lineman Robert Quinn, who was inactive, raised his right fist as did Philadelphia safety Malcolm Jenkins and cornerback Ron Brooks in Washington.

-John Wawrow reporting from Buffalo.

---

1:03 p.m.

The Saints hope to benefit from the return of three players who haven't played since last month, while the Panthers welcome back quarterback Cam Newton and a ball carrier with a history of gouging New Orleans' defense.

Josh Hill, a tight end who has regularly filled key blocking and receiving roles during his three-plus-year career in New Orleans, is in uniform for the first time since injuring his ankle in the regular season opener. Also back for the Saints are starting middle linebacker James Laurinaitis, who missed the Saints ' previous game at San Diego two weeks ago with quadriceps injury, and guard Senio Kelemete, a periodic starter who also missed New Orleans' previous game.

Newton, who missed Carolina's loss to Tampa Bay last week with concussion symptoms, returns at a time when the defending NFC champions desperately need a victory to climb out of last place in the NFC South and avoid falling to 1-5. Also returning for the Panthers is running back Jonathan Stewart, who had one of the best games of his career in the Superdome in late 2014, rushing for 155 yards, including a 69-yard touchdown.

- Brett Martel reporting from New Orleans.

12:25 p.m.

Fantasy football owners may want to add Justin Forsett if they're desperate for a running back.

Less than a week after signing, Forsett will likely get a chance to play a lot for the Lions Sunday at home against the Los Angeles Rams.

The Lions previously ruled Theo Riddick out with an ankle injury. Detroit also listed rookie Dwayne Washington among its inactives Sunday because of an ankle injury, leaving just Zach Zenner and Forsett at running back. Ameer Abdullah is on injured reserve with a foot injury.

Forsett signed with the Lions on Tuesday after asking for and getting his release from the Baltimore Ravens earlier this month. The 30-year-old Forsett had just 31 carries for 98 yards over three games as a starter this season with the Ravens before he plummeted on their depth chart. He ran for 1,266 yards in 2014 and 641 last year in 10 starts before breaking his arm.

- Larry Lage reporting from Detroit.

---

Online: http://pro32.ap.org/poll and http://twitter.com/AP-NFL

  • What's in Store for Advanced Micro (AMD) in Q3 Earnings?
    Business
    Zacks

    What's in Store for Advanced Micro (AMD) in Q3 Earnings?

    Advanced Micro Devices Inc. AMD is set to report third-quarter 2017 results on Oct 24. Notably, the company has a positive record of earnings surprises in the trailing four quarters, with an average surprise of 35%.In the last quarter, the company reported

  • The Top 10 Cities for Amazon's Second Headquarters
    Business
    The Street

    The Top 10 Cities for Amazon's Second Headquarters

    As the race heats up and cities state their cases to house Amazon.com's (AMZN) second headquarters, Moody's Analytics has some suggestions for the e-commerce giant. The firm presented Amazon with 10 cities where the new headquarters, which has the potential for 50,000 well-paying jobs and a $5 billion investment, should be located. The results were based on five "broad" categories; business environment, human capital, cost, quality of life, and transportation. A sixth criterion, geography, was also considered to "rank cities based on regional and geographic factors that Amazon might be taking into account," Moody's Analytics noted. The bidding for Amazon's second headquarters closed on Thursday,

  • GE's New CEO Is Cutting Some of Management's Favorite Perks
    Business
    Fortune

    GE's New CEO Is Cutting Some of Management's Favorite Perks

    General Electric’s new CEO John Flannery has started making drastic cuts that bring an immediate end to some of the rosier corporate perks–from company cars and lavish retreats to its fleet of business jets. John Flannery–who has spent two and half months now atop the industrial giant–made headlines when he grounded the entire fleet of six business jets in cost-cutting measures to whip GE back into shape. Now he’s also getting rid of an empty business plane that Flannery’s predecessor, Jeff Immelt, had tail a GE-owned jet on select business trips around the world, according to The Wall Street Journal.

  • Bank of America Is Continuing to Slash Expenses
    Business
    Motley Fool

    Bank of America Is Continuing to Slash Expenses

    Bank of America (NYSE: BAC) announced a little over a year ago that it would lower its annual expenses to $53 billion by 2018. You can see this by looking at Bank of America's third-quarter performance. Noninterest expenses for the bank came in at $13.1 billion in the three months ended Sept. 30, down 2.5% from the year-ago period.

  • Catch This Falling Knife — Go Long Celgene Corporation
    Business
    InvestorPlace

    Catch This Falling Knife — Go Long Celgene Corporation

    Last night, Celgene Corporation (NASDAQ:CELG) released a headline that they canceled phase three for their potential solution to Crohn’s disease. The stock is now trading down 10%. This means that it would now be down 16% since early October. Source:

  • Jim Cramer: GE was run like a country club, it was a disg...
    Business
    CNBC Videos

    Jim Cramer: GE was run like a country club, it was a disg...

    GE has done the single biggest Kabuki act I have ever seen, says CNBC's Jim Cramer talking about Jeff Immelt's tenure at General Electric.

  • Sears' Grim Fate Seems Nearly Inevitable
    Business
    The Street

    Sears' Grim Fate Seems Nearly Inevitable

    The games seem to be ending for Sears Holdings (SHLD) . Because of CEO Eddie Lampert's big position in the stock and his ability (via his hedge fund) to finance, loan and pull out almost every stop in the book, Sears had been prone to sharp rallies. This is despite the growing short-interest betting against its demise. Well, that demise has certainly gained momentum. Shares hit new 52-week lows earlier this week, bottoming out at $5.48 before rallying back to $6. Can it continue to stay afloat? Only for so long. With or without the powerful force of e-commerce, Sears was struggling. Its Canadian operations are all but shot, K-Mart was desolate. The company sold off strong brands like Craftsman

  • Singapore Airlines to finalize $13.8 billion Boeing order next week
    Business
    Reuters

    Singapore Airlines to finalize $13.8 billion Boeing order next week

    By Jamie Freed SINGAPORE (Reuters) - Singapore Airlines Ltd said on Friday it will finalize an order for 39 Boeing Co aircraft worth $13.8 billion at list prices when Singaporean Prime Minister Lee Hsien Loong visits Washington D.C. next week. The airline said in February it would order 20 777-9 and 19 787-10 widebodies as part of plans to modernize its fleet over the next decade, but the deal is yet to be finalised and placed in Boeing's order book as a Singapore Airlines order. The deal was viewed as a major blow to Airbus SE as it battles against Boeing in the widebody market.

  • Costco: 5 Reasons to Load Up
    Business
    barrons.com

    Costco: 5 Reasons to Load Up

    Costco (COST) is higher Friday, helped in part by a bullish note from Oppenheimer. Analyst Brian Nagel and David Bellinger reiterated an Outperform rating and $185 price target on Costco, following a meeting with a senior management yesterday at the company's Washington headquarters. Nagel and Bellinger had five main takeaways from the meetings, which reinforced their bullish thesis on the shares and make them think that worries about the threats of ecommerce are overblown. From the note: 1) Management indicates clearly that the company is pleased with results lately and views strengthening sales as a function of a culmination of factors, including new merchandising initiatives and price investments;

  • GE Badly Misses Q3 Earnings, Lowers View & Defers Dividend
    Business
    Zacks

    GE Badly Misses Q3 Earnings, Lowers View & Defers Dividend

    Industrial goods manufacturer General Electric Company GE reported relatively lackluster third-quarter 2017 results and badly missed earnings estimate despite top-line growth. GAAP net earnings from continuing operations for the reported quarter were

  • You Should Buy Rite Aid Corporation Stock Only If This Happens
    Business
    InvestorPlace

    You Should Buy Rite Aid Corporation Stock Only If This Happens

    Rite Aid Corporation (NYSE:RAD) investors certainly haven’t been faced with a shortage of things to chew on of late. The failure of Walgreen’s initial plan to outright acquire all shares of RAD stock in 2015 followed by the no-go on 2016’s revised plan to only buy 2,186 Rite Aid units — WBA is now only acquiring 1,932 of Rite Aid’s 4,560 stores — spurred mounds of investor concern, as a large cash infusion was seen as the only way to save the struggling Rite Aid Corporation. Here’s the thing: Rite Aid was in trouble, maybe even doomed, well before Walgreen’s was interested.

  • It's Official -- the 2018 401(k) Contribution Limit Is Increasing
    Business
    Motley Fool

    It's Official -- the 2018 401(k) Contribution Limit Is Increasing

    For the 2018 tax year, the IRS has increased the employee 401(k) contribution limit to $18,500 to keep up with the rising cost of living. This means savers who want to max out their retirement savings have the ability to contribute an additional $500 to their 401(k) account, which also translates to a greater tax break. Here are the details about 401(k) contribution limits in 2018, and what it could mean for you.

  • This High-Yield Oil Giant Could Offer Retirees Sustainable Income
    Business
    Motley Fool

    This High-Yield Oil Giant Could Offer Retirees Sustainable Income

    Integrated oil and natural gas giant Royal Dutch Shell plc (NYSE: RDS-B) is making impressive progress as it comes back from the worst of the oil downturn that started in mid-2014. One of the big problems for Shell today is debt. At the end of 2014, long-term debt stood at roughly $38 billion. First, Shell tends to hold much more cash than Exxon.

  • How Something as Simple as Pizza Will Save Chipotle Mexican Grill, Inc.
    Business
    InvestorPlace

    How Something as Simple as Pizza Will Save Chipotle Mexican Grill, Inc.

    The phrase “nothing lasts forever” aptly describes the rise and fall of Chipotle Mexican Grill, Inc. (NYSE:CMG). Then several food safety issues (including three E. Coli outbreaks) put the brakes on. Now, this is not to understate the seriousness of food safety, but CMG management has been razor-focused on this issue for years now.

  • Business
    Fortune

    HPE Is Exiting the Cloud Server Business

    Hewlett-Packard Enterprise is getting out of the cloud server business. The target customer is companies like Microsoft , Web Services, or , each of which can (and do) negotiate huge discounts. On Wednesday, HPE president Antonio Neri said the company will stop selling custom-designed commodity servers such customers, which HPE calls Tier 1 service providers.

  • IRS to block, suspend tax returns that lack Obamacare dis...
    Health
    CNBC Videos

    IRS to block, suspend tax returns that lack Obamacare dis...

    The IRS said it will not accept electronic tax returns, and will suspend paper returns, that do not disclose whether the filer had health insurance coverage during the year.

  • Strategist Jeff Saut: The 8-year-old bull market still has up to nine more years left
    Finance
    CNBC

    Strategist Jeff Saut: The 8-year-old bull market still has up to nine more years left

    It's not even close to being too late to buy into the second-longest bull market in Wall Street history, veteran strategist Jeff Saut told CNBC on the 30th anniversary of the Black Monday Crash of '87. With the Dow Jones industrials (Dow Jones Global Indexes: .DJI) on Wednesday closing above 23,000 for the first time, many investors who are not in the market may be concerned that they've missed out on the eight-year run that has propelled the blue-chip average up more than 250 percent. Saut said don't be.The chief investment strategist at Raymond James believes there may be nearly a decade left in this secular bull market, which is defined as a market that's driven by forces that could be in place for years.

  • Will Ford Motor Company Stock Catch Up to General Motors?
    Business
    InvestorPlace

    Will Ford Motor Company Stock Catch Up to General Motors?

    Shares of Ford Motor Company (NYSE:F) struggled Wednesday and closed down about 65 basis points, likely thanks to a new recall. General Motors Company (NYSE:GM) is up an impressive 12% this month, and that’s after falling over the last few sessions. Some 1.3 million Ford F-150 trucks are affected by this door latch recall.

  • Business
    MarketWatch

    GE's stock tumbles toward biggest post-earnings fall in over 8 years

    Shares of General Electric Co. GE, +1.99% have extended their slide following a rare profit miss, and were now down 6.0% in very active premarket trade, putting them in danger of their worst one-day post-earnings performance in over eight years. Volume topped 1.4 million shares two hours before the open, making the stock the most actively traded in the premarket. This would mark the eighth-straight quarter that GE's stock has fallen the day it reported results. But the last time the stock dropped this much was July 17, 2009, when it fell 6.1% after Q2 2009 results. GE's stock is on track to open at the lowest price seen during regular session hours since Aug. 24, 2015, but also puts it in danger

  • Corning's (GLW) Q3 Earnings to Gain From Strong Fiber Demand
    Business
    Zacks

    Corning's (GLW) Q3 Earnings to Gain From Strong Fiber Demand

    Corning Inc GLW is set to release third-quarter 2017 results on Oct 24. Notably, the Gorilla Glass maker has a positive record of earnings surprises in each of the trailing four quarters, with an average surprise of 10.15%. In the last quarter, Corning delivered a positive earnings surprise of 5%.

  • Tesla: A $170 Stock?
    Business
    barrons.com

    Tesla: A $170 Stock?

    Tesla (TSLA) is falling Friday, hurt in part by a skeptical Cowen & Co. Analyst Jeffrey Osboure and his team reiterated an Underperform rating and $170 price target on the stock today, writing that even the "true long believers" will lose patience with the bottlenecks in the Model 3 ramp by 2018, which are compounded by the company's capital needs. Indeed, Osbourne thinks that Tesla will run through even more cash as its new Gigafactories are announced in the coming months in Europe and China, exacerbating the issue. Ultimately, he warns that he has "more questions than answers" as the Model 3 rollout continues, and that Tesla's "vagueness," along with a lack of disclosure from management about

  • Wall Street banks are starting to sound the alarm on a stock-market correction
    Business
    Business Insider

    Wall Street banks are starting to sound the alarm on a stock-market correction

    Bank of America Merrill Lynch is the latest Wall Street firm to issue a warning about a stock-market correction. BAML joins Morgan Stanley in the ranks of big firms that have sounded the alarm this week. The most recent firm to sound the alarm is Bank of America Merrill Lynch, which forecasts a pullback of at least 10% — the historical definition of a correction — by Valentine's Day.

  • Top oilfield services firms signal fourth-quarter uncertainty
    Business
    Reuters

    Top oilfield services firms signal fourth-quarter uncertainty

    By Nivedita Bhattacharjee and Yashaswini Swamynathan (Reuters) - The world's top two oilfield service firms on Friday warned slower producer spending and weakness in offshore exploration may weigh on current-quarter earnings, but said activity could improve

  • Cramer: GE's earnings are a 'disgrace' but bet on new CEO to turn things around
    Finance
    CNBC

    Cramer: GE's earnings are a 'disgrace' but bet on new CEO to turn things around

    General Electric (NYSE: GE) 's quarterly earnings results were a "disgrace," but new CEO John Flannery will turn things around, CNBC's Jim Cramer said Friday. In his first earnings report as CEO, Flannery called the quarter "very challenging." "While a majority of our business had solid earnings performance, this was offset by a decline in Power [segment] performance in a difficult market," he said. "This is not a report card on Flannery," said Cramer, who personally owns GE stock, as does his charitable trust.

  • US Senate chops key obstacle to Trump tax reforms 
    Politics
    The Telegraph

    US Senate chops key obstacle to Trump tax reforms 

    A key hurdle to Donald Trump’s tax reforms has been eliminated, as last night’s US Senate vote in favour of a 2018 budget resolution means the President will only need a simple majority of 51 senators, rather than 60, to pass his tax cuts. A major programme of tax cuts was key to the President’s election campaign, with pledges to slash income and business taxes. “Overhauling the tax code and cutting taxes significantly, as planned by the president, is a very complex process and it will be no easy task for the administration to please all sides and get enough support for the final tax bill to be passed,” said Brian Davidson at Fathom Consulting.