U.S. Markets closed

Diamondbacks position players pitch four innings in embarrassing loss

The Arizona Diamondbacks tossed infielder Daniel Descalso and catcher Alex Avila on the hill at Coors Field.

  • Warren Buffett buys JPMorgan shares as he ramps up bets on the financials
    Finance
    Yahoo Finance

    Warren Buffett buys JPMorgan shares as he ramps up bets on the financials

    During the third quarter, Berkshire Hathaway snapped up a new position in JPMorgan Chase (JPM) of 35.6 million shares, making it the 10th largest stock holding. “I should’ve [invested],” Buffett said at the time.

  • Capital One's new signup bonus surpasses Chase's Sapphire cards
    Finance
    Yahoo Finance

    Capital One's new signup bonus surpasses Chase's Sapphire cards

    The logo and ticker for Capital One are displayed on a screen on the floor of the New York Stock Exchange (NYSE) in New York, U.S., May 21, 2018. The community on the internet known as “churners,” people who look to take advantage of favorable credit card signup bonuses, celebrated this week as Capital One (COF) dramatically improved its Venture credit card, putting a value of over $750 on the bonus points alone. For years, Chase (JPM) has been the leader in doling out high bonuses to attract credit card customers, with the Chase Sapphire Reserve’s 100,000-point bonus setting a new tone for churners and others looking to gain an advantage through credit card optimization.

  • Finance
    Associated Press

    Cisco: Fiscal 1Q Earnings Snapshot

    SAN JOSE, Calif. (AP) _ Cisco Systems Inc. (CSCO) on Wednesday reported fiscal first-quarter profit of $3.55 billion. The San Jose, California-based company said it had net income of 77 cents per share. Earnings,

  • PG&E Plunges Into Crisis as It Faces Reckoning Over Fires
    Business
    Bloomberg

    PG&E Plunges Into Crisis as It Faces Reckoning Over Fires

    Shares of PG&E Corp. plummeted as much as 32 percent Wednesday after the company said it had exhausted its revolving credit lines, signaling it was shoring up its cash to prepare for a possible credit downgrade to junk. The utility’s filing also may have marked the start of a campaign to get bailed out by California’s lawmakers -- as it was after last year’s fires. “Watching this whole thing play out, it’s like a slow motion train wreck,” said John Bartlett, utility portfolio manager at Reaves Asset Management.

  • Masayoshi Son's Mission Hills mansion joins Claure’s on the market
    Finance
    American City Business Journals

    Masayoshi Son's Mission Hills mansion joins Claure’s on the market

    SoftBank Group Corp. CEO Masayoshi Son has listed his Mission Hills home for sale, with the French chateau-style estate looking to fetch $9.2 million. Son, whose company is the controlling shareholder of Sprint Corp., bought a home in the Kansas City area to allow him to spend more time at Sprint’s Overland Park headquarters, The Wall Street Journal reported in November 2015. The listing comes less than a week after Sprint Executive Chairman Marcelo Claure listed his $10.5 million mansion, the property neighboring Son’s, and as Sprint's proposed $26.5 billion merger with T-Mobile US Inc. advances.

  • These numbers show Suze Orman is right about needing $5 million to retire
    News
    MarketWatch

    These numbers show Suze Orman is right about needing $5 million to retire

    Suze Orman broke the internet earlier this month when she told the “Afford Anything” podcast that those buying into the FIRE movement (financial independence, retire early) better save at least $5 million to achieve that goal. “Her views ruffled a lot of feathers, but after crunching the numbers, I have to agree — $5 million sounds about right if you want to retire before the age of 60,” the Financial Samurai blog’s Sam Dogen said. Dogen says 40 is the absolute earliest he’d recommend anybody retire, although even then, that’s asking a lot out of your investments.

  • Advanced Micro Devices’ (AMD) Supercomputer to Hit the Market at the Turn of the Year
    Business
    SmarterAnalyst

    Advanced Micro Devices’ (AMD) Supercomputer to Hit the Market at the Turn of the Year

    The device is made for workloads that are aided by higher frequencies, such as electronic design automation, high-frequency trading and HPC. AMD’S senior vice president and chief technology officer of AMD, Mark Papermaster remarked on the company’s recent success: “It’s been a fantastic year in the supercomputing space as we further expanded the ecosystem for AMD EPYC processors while securing multiple wins that leverage the benefits AMD EPYC processors have on HPC workloads.

  • Sean Spicer on CNN’s lawsuit against the Trump administration
    Politics
    Fox Business Videos

    Sean Spicer on CNN’s lawsuit against the Trump administration

    Former White House Press Secretary Sean Spicer discusses how CNN is suing the Trump administration for taking away Jim Acosta’s press credentials.

  • Finance
    Market Realist

    Maxine Waters Crushes the Financial Stocks

    Maxine Waters Crushes the Financial StocksComments on regulation take down the sector With Democrats winning the House, Rep. Maxine Waters (CA) is expected to take over as chair of the House Financial Services Committee.  Here is what she said today:

  • Business
    Reuters

    Baker Hughes, GE fall after offering priced at discount

    The 92 million shares of Baker Hughes for sale by GE was priced at $23.00, below the stock's $23.81 closing price on Tuesday, and came a day earlier than planned. GE, which is struggling to rebuild its industrial businesses, said on Tuesday it would sell a portion of its stake in Baker Hughes to repay debt. GE will be able to raise nearly $4 billion from the sale if underwriters exercise options to buy an additional 9.2 million shares, with Baker Hughes repurchasing another 65 million shares in a private transaction at a maximum aggregate of $1.5 billion.

  • 5 Excellent Dividend Growth Stocks Worth Adding to Your Kitty
    Finance
    Zacks

    5 Excellent Dividend Growth Stocks Worth Adding to Your Kitty

    Stocks with a strong history of dividend growth year over year form a healthy portfolio with greater scope of capital appreciation as opposed to simple dividend paying stocks or those that have high yields. Dividend growth reflects a sustainable business model, a long track of profitability, rising cash flows, good liquidity, a strong balance sheet and some value characteristics. All these superior fundamentals make dividend growth stocks promising investments for the long term.

  • 4 Stocks Insiders and Warren Buffett Are Crazy About
    Finance
    Insider Monkey

    4 Stocks Insiders and Warren Buffett Are Crazy About

    Warren Buffett is arguably the greatest investor of all time. Over his career, Buffett's investing prowess formed one of the greatest conglomerates of all time and generated a lot of value for investors. Meanwhile, company insiders generally have a better understanding of a company than most investors.

  • Business
    U.S.News & World Report

    10 of the Best Stocks to Buy for 2019

    A diverse array of growth and value stocks, ranging from small- to mega-cap names, all 10 of the best stocks to buy for 2019 look like attractive opportunities for the long-term investor. While the running gag with Starbucks is there's "one on every corner," that punchline still rings hollow in some parts of the globe. The company's biggest growth opportunity is in the China/Asia Pacific region, where it opened 278 new stores between July and September alone.

  • Should You Buy Qualcomm for Its 4% Dividend Yield?
    Business
    Motley Fool

    Should You Buy Qualcomm for Its 4% Dividend Yield?

    Qualcomm (NASDAQ: QCOM) shed more than 10% of its market value this year after it avoided a takeover bid by Broadcom, lost its own takeover bid for NXP, and faced fresh regulatory probes and lawsuits from OEMs -- most notably Apple (NASDAQ: AAPL) and Huawei -- which claimed that its wireless licensing fees were too high. Qualcomm tried to offset some of the damage with a $30 billion buyback plan, but the chipmaker's fourth-quarter report didn't boost investor confidence. For the first quarter, Qualcomm expects its revenue to drop 13%-26% annually due to an 18%-26% drop in its MSM chip shipments and unresolved issues at its licensing business, but for its non-GAAP EPS -- again lifted by buybacks -- to rise 7%-17%.

  • Reactions to Harley-Davidson's new electric bike?
    Business
    Fox Business Videos

    Reactions to Harley-Davidson's new electric bike?

    Bikers for Trump founder Chris Cox on Harley-Davidson's new LiveWire electric motorcycle.

  • White House Says Journalists Don't Have 'First Amendment Right' to Enter Building in Legal Response to CNN Lawsuit
    Politics
    Time

    White House Says Journalists Don't Have 'First Amendment Right' to Enter Building in Legal Response to CNN Lawsuit

    President Donald Trump’s Justice Department filed a response Wednesday to CNN’s lawsuit hours ahead of a hearing in federal court in Washington, where the network sued Trump and top aides over the decision to pull Acosta’s White House credentials after he clashed with the president at a Nov. 7 news conference. “No journalist has a First Amendment right to enter the White House,” Justice Department lawyers argued in a 28-page filing, adding the president has broad discretion to decide who gets press passes.

  • Business
    Benzinga

    NetApp Q2 Earnings Preview

    On Wednesday, Nov. 14, NetApp, Inc. (NASDAQ: NTAP) will release its latest earnings report. Benzinga's report can help you figure out the ins and outs of the earnings release. Earnings and Revenue Analysts predict NetApp will report earnings of 99 cents

  • Why early retirement IS all it’s cracked up to be
    News
    MarketWatch

    Why early retirement IS all it’s cracked up to be

    Sometimes, the stuff that people say about early retirement (and early retirees) is terrible. It is assumed that early retirement is the end of productive life and that unless we’re swimming in millions in cold hard cash, early retirement will eat us alive. As I said in my one-year early retirement performance review, early retirement is all that it’s cracked up to be.

  • NVIDIA Earnings Preview: What to Watch on Thursday
    Business
    Motley Fool

    NVIDIA Earnings Preview: What to Watch on Thursday

    NVIDIA Corporation (NASDAQ: NVDA) is slated to report its fiscal third-quarter 2019 earnings after the market close on Thursday, Nov. 15. The graphics processing unit (GPU) specialist is going into earnings surrounded by considerable investor uncertainty. Shares of NVIDIA, which closed at $199.31 on Tuesday, have plunged 30% since hitting their all-time closing high of $289.36, set on Oct. 1.

  • PG&E Cash Sweep Sends Distress Sign to California Lawmakers
    Business
    Bloomberg

    PG&E Cash Sweep Sends Distress Sign to California Lawmakers

    The state enacted a law earlier this year to help utilities cover costs of last year’s wildfires, including by selling bonds backed by customer bills. PG&E, owner of California’s largest utility, has lost more than $12 billion in market value, about half, since the deadliest wildfire in state history broke out Nov. 8. PG&E put its utility subsidiary through bankruptcy after the California power crisis of 2000-2001.

  • Business
    CNBC

    Wall Street's top analysts are sticking by these tech stocks amid the market correction

    All in all, November isn't shaping up to be much better than October. The Nasdaq Composite Index fell back into correction territory on Monday, pulled down by major tech stocks. Concerns about overblown valuations have hurt the sector over the last

  • Business
    CNBC

    Cisco beats first-quarter estimates, meets guidance expectations

    Cisco beat expectations on the top and bottom lines in the quarter. Cisco CSCO stock rose 4 percent after the company reported better-than-expected earnings for the first quarter of its 2019 fiscal year. Cisco's largest business segment, Infrastructure Platforms, which includes hardware like data center networking switches, hit $7.64 billion in revenue, above the FactSet analyst consensus of $7.4 billion.

  • PG&E stock and bonds hammered on concern over California utility’s wildfire liability
    News
    MarketWatch

    PG&E stock and bonds hammered on concern over California utility’s wildfire liability

    PG&E Corp. shares fell another 30% on Wednesday to bring their week-to-date losses to 43%, after the utility said its insurance may not cover the possible losses from the worst wildfire in California history. The parent of Pacific Gas and Electric (PCG) , with about 16 million customers in California, has seen its stock lose 53% of its value in five sessions and is on track to close at its lowest level since September 2003. The company’s bonds were also falling hard and accounted for three of the top 10 most actively traded investment-grade bonds of the day.

  • AT&T’s Outlook for Q4 2018
    Finance
    Market Realist

    AT&T’s Outlook for Q4 2018

    The Latest from AT&T: Outlook, Deleveraging Plan, and 5G Wall Street analysts’ estimates Wall Street analysts expect AT&T (T) to report a ~15.9% rise in revenue to $48.5 billion in the fourth quarter, compared to $41.8 billion in the fourth quarter of

  • Better Buy: General Electric Company vs. General Motors
    Business
    Motley Fool

    Better Buy: General Electric Company vs. General Motors

    Over the past few years, there was a case to be made that General Electric Company (NYSE: GE) and General Motors Company (NYSE: GM) shared a lot more than just the similar names. After all, some $82 billion in assets were wiped out when it went bankrupt in 2009.