U.S. Markets close in 3 hrs 28 mins

Cardinals pitcher Alex Reyes' daughter is battling cancer while he battles a season-ending injury

When St. Louis Cardinals pitcher Alex Reyes suffered an injury that would result in yet another lengthy recovery, he decided to put things in perspective. Reyes thought of his young daughter, who is battling cancer, and decided is she could fight, he could fight too.

  • Ken Langone: 'Who the hell in their right frame of mind would be buying bonds now?'
    Business
    Yahoo Finance

    Ken Langone: 'Who the hell in their right frame of mind would be buying bonds now?'

    Billionaire investor and philanthropist Ken Langone, the founder of The Home Depot (HD) and chairman of Invemed Associates, argued that there’s some “big time” structural problems in the market right now. “A big fear to me is who the hell in their right frame of mind would be buying bonds now?

  • Advanced Micro Devices (AMD) Q3 Earnings Preview: Here's What to Look Out For
    Business
    Zacks

    Advanced Micro Devices (AMD) Q3 Earnings Preview: Here's What to Look Out For

    Advanced Micro Devices (AMD) is expected to deliver a year-over-year increase in earnings on higher revenues when it reports results for the quarter ended September 2018. This widely-known consensus outlook gives a good sense of the company's earnings picture, but how the actual results compare to these estimates is a powerful factor that could impact its near-term stock price. The earnings report, which is expected to be released on October 24, 2018, might help the stock move higher if these key numbers are better than expectations.

  • IBM disappoints, more Facebook accusations, Apple apologizes
    Business
    Yahoo Finance

    IBM disappoints, more Facebook accusations, Apple apologizes

    Here’s a look at some of the companies the Yahoo Finance team will be watching for you today. IBM investors aren’t thrilled with the latest earnings report. The company posted a beat on earnings but revenue missed. CEO Ginni Rometty says the results show

  • 7 Stocks to Buy and Hold Through Any Market Selloff
    Business
    InvestorPlace

    7 Stocks to Buy and Hold Through Any Market Selloff

    Last week’s market collapse made headlines throughout the world. Since the sharp correction has negatively impacted virtually all investment sectors, you’re going to find discounted deals everywhere you look.

  • Musk to purchase Tesla stock worth $20 million
    Finance
    Reuters

    Musk to purchase Tesla stock worth $20 million

    The news comes weeks after Tesla and Musk agreed to pay $20 million each as fine as part of a settlement with the U.S. Securities and Exchange Commission. Tesla said the purchase is 'separate and apart from the settlement' between Musk, Tesla and the SEC. Shares of the company rose 2 percent in premarket trading.

  • Steven Mnuchin, Who Sat on Sears' Board for Years, Could Impact the Pensions of Thousands of Workers
    Business
    Fortune

    Steven Mnuchin, Who Sat on Sears' Board for Years, Could Impact the Pensions of Thousands of Workers

    Long before he was Secretary of the Treasury, Steven Mnuchin was a student at Yale University. One of those was Eddie Lampert. Lampert, of course, is the recently departed CEO of Sears Holdings, which filed for Chapter 11 bankruptcy Monday.

  • Canada Greets Legal Cannabis With Lineups and a ‘Wake and Bake’
    Business
    Bloomberg

    Canada Greets Legal Cannabis With Lineups and a ‘Wake and Bake’

    Stores in St. John’s, Newfoundland were the first to sell recreational cannabis, followed by more than 100 outlets and websites opening across the country of 37 million people. “I’m super happy, this is an historic day for Canadians and for the world because we’re really setting a precedent here," said Isaac Langille outside a store in Halifax where he bought the legal limit of 30 grams, spending C$344 ($264) on products from Aphria Inc. and Organigram Holdings Inc.

  • Boeing delivers first 737 Max 8 BBJ and unveils Max 7 luxury interior (Photos)
    Business
    American City Business Journals

    Boeing delivers first 737 Max 8 BBJ and unveils Max 7 luxury interior (Photos)

    Boeing has delivered its very first 737 Max 8 business jet to a paying customer. It's the first of 20 BBJ Max jets that buyers from around the world have ordered from the Chicago-based jetmaker since they went on sale. Boeing spokesman Dmitry Krol declined to identify the buyer of the jet, which is the second of its kind made at Boeing's Renton 737 factory.

  • Better Buy: The Home Depot, Inc. vs. Lowe's
    Business
    Motley Fool

    Better Buy: The Home Depot, Inc. vs. Lowe's

    Home Depot (NYSE: HD) and Lowe's (NYSE: LOW) have helped countless homeowners increase the value of their homes. They've also made many investors rich. With their shares having soared 879% and 484%, respectively, over the past decade, Home Depot and Lowe

  • ‘Mr. Wonderful’ staying on sidelines as legal pot comes to Canada
    World
    Yahoo Finance Video

    ‘Mr. Wonderful’ staying on sidelines as legal pot comes to Canada

    Recreational marijuana is now legal in Canada, but one prominent investor is staying on the sidelines. ‘Mr. Wonderful,’ Kevin O’Leary, says he won’t be putting his money into legal pot, for now. He spoke with Yahoo Finance’s Alexis Christoforous.

  • Could Enbridge Inc. Be a Millionaire-Maker Stock?
    Business
    Motley Fool

    Could Enbridge Inc. Be a Millionaire-Maker Stock?

    Enbridge (NYSE: ENB) has made its investors lots of money over the years. To put that into perspective, if an investor had bought $10,000 worth of Enbridge's stock 20 years ago, it would be worth about $116,000 today assuming they reinvested their dividends. While Enbridge has done an excellent job creating wealth for investors in the past, it faces an uphill battle in making them millionaires in the future.

  • Finance
    TheStreet.com

    General Electric Rises on Reported Iraq Power-Generation Deal

    for a multi-billion-dollar deal to supply power to Iraq. Munich-based Siemens had been close to securing a contract to supply 11 gigawatts of power-generation equipment to Iraq, a deal worth about $15 billion, but then the Trump administration intervened on behalf of GE, the Financial Times reported, citing unnamed people familiar with the matter. The Trump administration reportedly pressured the Iraqi government, and now "GE is expected to take a substantial share of the sale," the Financial Times said.

  • Business
    Benzinga

    Bernstein Initiates On Tobacco Stocks: Philip Morris 'Leads The Way In The New Nicotine World'

    Tobacco stocks are facing an uphill battle when it comes to regulation and public perception, but one Wall Street analyst says tobacco companies have a long track record of success for investors. The Analyst Bernstein analyst Callum Elliott has initiated

  • Is Wells Fargo & Company a Buy?
    Business
    Motley Fool

    Is Wells Fargo & Company a Buy?

    North America's biggest banks have made for pretty great investments over the past few years. Since the beginning of 2016, Bank of America Corp. (NYSE: BAC) and JPMorgan Chase & Co. (NYSE: JPM) have delivered total returns of 72% and 75%, respectively

  • Prince Harry and Meghan Markle's Child Will Probably Not Be a Prince or Princess. Here's What the Title Will Be Instead
    News
    Time

    Prince Harry and Meghan Markle's Child Will Probably Not Be a Prince or Princess. Here's What the Title Will Be Instead

    Prince Harry and Meghan, Duchess of Sussex announced Monday they are expecting their first child and many Brits have responded with the same enthusiasm that met news of Prince William and Kate Middleton’s impending arrivals: Prince George, Princess Charlotte and Prince Louis. “At the time, there were revolutions happening across Europe and many monarchies collapsing,” she says.

  • What Is AT&T’s Outlook after the Major Market Sell-Off?
    Business
    Market Realist

    What Is AT&T’s Outlook after the Major Market Sell-Off?

    What Investors Should Know about AT&T’s Growth Prospects (Continued from Prior Part) Shareholder returns and stock trends AT&T (T) stock fell ~3.4% on October 11 and closed at $31.75 as part of the significant sell-off in the tech sector. Based on that

  • Cramer reveals 5 health-care stocks he likes right now, i...
    Business
    CNBC Videos

    Cramer reveals 5 health-care stocks he likes right now, i...

    Jim Cramer continues his "power rankings" with the health-care sector. His stock picks include a hospital operator, an animal health play and a medical robot maker.

  • Netflix is ditching freeloaders from subscriber forecasts after volatile stock moves
    Business
    MarketWatch

    Netflix is ditching freeloaders from subscriber forecasts after volatile stock moves

    After two consecutive off-the-mark quarters, falling short of its own forecasts for subscriber growth, Netflix Inc. hopes to put an end to the big swings in its stock price with some changes to its accounting. Three months ago, Netflix reported weaker-than-expected subscriber growth, sending its stock tumbling about 12% in the next trading day. From last quarter: Is Netflix stock falling down a mountain, or just tripping over a molehill?

  • Business
    Benzinga

    Kinder Morgan's Q3 Earnings Preview

    Kinder Morgan (NYSE: KMI) will be releasing its next round of earnings Wednesday. For all of the relevant information, here is your guide for the Q3 earnings announcement. Earnings and Revenue Analysts expect Kinder Morgan earnings of 21 cents per share

  • 3 Stocks for Warren Buffett Fans
    Business
    Motley Fool

    3 Stocks for Warren Buffett Fans

    Warren Buffett has no shortage of acolytes, and it's easy to see why. The Berkshire Hathaway (NYSE: BRK-A) (NYSE: BRK-B) chief and founder has made thousands of early investors in his conglomerate rich as the parent of businesses like GEICO car insurance and Burlington Northern Santa Fe railroad has posted average annual returns of 20% over the last 50 years, crushing the market. Buffett has never gotten too big for his britches, however.

  • Pot Stocks Tumble in First Hours of Canada’s Legal Weed Market
    Business
    Bloomberg

    Pot Stocks Tumble in First Hours of Canada’s Legal Weed Market

    (Bloomberg) -- Investor reaction to Canada’s newly legal cannabis market took a brighter turn by late Wednesday morning, with a few stocks turning positive after the sector started the day in the red.Pyxus International Inc. led the gains, rising as much

  • Business
    MarketWatch

    Abbott drops 2.3% premarket after in-line Q3 profit, narrowed 2018 outlook

    MARKET PULSE Abbott Laboratories (ABT) stock dropped 2.3% in Wednesday premarket trade after the company reported third-quarter profit that was in-line with the consensus but narrowed its 2018 profit outlook. Earnings for the latest

  • IBM revenue misses as server, software sales slow
    Business
    Reuters

    IBM revenue misses as server, software sales slow

    Chief Executive Officer Ginni Rometty has been refocusing International Business Machines Corp toward faster-growing cloud and analytics services to lower dependence on its traditional hardware products and reverse years of revenue declines. The Armonk, New York-based company's overall revenue slipped 2 percent in the third quarter ended September, with almost all of its businesses missing Wall Street's revenue estimates. Revenue at its systems unit, which includes mainframe servers and data storage systems sold to large organizations, climbed only 1 percent, compared with a 25 percent jump in the previous quarter.

  • Why Marijuana Stocks Cronos Group, Canopy Growth, and Tilray Jumped Today
    Business
    Motley Fool

    Why Marijuana Stocks Cronos Group, Canopy Growth, and Tilray Jumped Today

    The stock market pulled back on Monday, with major benchmarks failing to build on the positive momentum from last Friday. Cronos Group (NASDAQ: CRON), Canopy Growth (NYSE: CGC), and Tilray (NASDAQ: TLRY) were among the best performers. All three of these stocks have something in common: They all stand to benefit from Wednesday's effective date for legal sales of recreational cannabis product in Canada.

  • Price Target Update for Canopy Growth in October
    Business
    Market Realist

    Price Target Update for Canopy Growth in October

    How Analysts Rate These Cannabis Stocks in October (Continued from Prior Part) Canopy Growth Without a doubt, Canopy Growth (CGC)(WEED) has been one of the hottest cannabis stocks on the market (MJ). The company is one of the most valuable companies,