Stocks To Watch: The FedEx Ship Slips, General Mills Bowls A Strike
Stocks To Watch: The FedEx Ship Slips, General Mills Bowls A Strike
Like it or not, Game of Thrones is coming to an end. In an interview with Vanity Fair that was published on Wednesday, Emilia Clarke seemed to hint that Daenerys Targaryen’s last scene will almost certainly be controversial. “Knowing that is going to be a lasting flavor in someone’s mouth of what Daenerys is .
By Ayenat Mersie NEW YORK (Reuters) - Oil benchmarks fell on Wednesday after an unexpected build in U.S. crude and gasoline inventories despite strong demand, and as traders weighed a possible increase in OPEC crude output to cover any shortfalls in supply from Iran and Venezuela. U.S. crude inventories rose 5.8 million barrels last week, while gasoline stocks increased by 1.9 million barrels, the Energy Information Administration said. Brent crude futures slipped 23 cents to settle at $79.80 a barrel, while U.S. crude lost 36 cents to $71.84 a barrel.
Last week, Baidu Inc (ADR) (NASDAQ:BIDU) announced that its Chief Operating Officer, former Microsoft Corporation (NASDAQ:MSFT) executive Qi Lu, would be stepping down as COO and transitioning to more part-time duties at BIDU. The market seems to think that the Lu exit is a big deal. Ever since that announcement, BIDU stock has dropped nearly 15%, equating to a $12-billion drop in market value.
Kroger Co. has reached a deal to buy the U.S.’s largest private meal kit company in a move to take advantage of a fast-growing consumer trend. Cincinnati-based Kroger (NYSE: KR), the nation’s largest operator of traditional supermarkets, agreed to buy Chicago-based Home Chef in a deal worth as much as $700 million. The deal is expected to be finalized this year. The acquisition comes barely a year after Kroger launched its own meal-kit products under the Prep + Pared name last May. Home Chef generated 150 percent sales growth last year to $250 million, largely through home delivery. Kroger will make Home Chef products available in stores and online once the deal is completed, Kroger has been adding stores that carry its Prep + Pared meal kits and now offers them in 525 of its stores.
Bitcoin (BTC-USD) and most other major cryptocurrencies are deep in the red on Wednesday -- the latest in a two-week decline. In fact, all of the 25 largest cryptocurrencies by market cap (excluding Tether, which is based on the U.S. dollar) are down
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.
In order to identify breakout stocks, you must first determine their resistance and support levels. A resistance level is the barrier which must be broken so as to be identified as a breakout stock. Meanwhile, a support level is the floor for the stock’s movement.
Fox News senior judicial analyst Judge Andrew Napolitano on an Oregon high school student suing his school after a school administrator asked him to cover up his pro-Trump shirt.
For months, strategists have advised Democratic candidates to stay away from the investigation into the Trump campaign’s contacts with Russia during the 2016 election. The thinking was that voters care more about bread-and-butter issues like jobs, terrorism and trade, and arguments about Special Counsel Robert Mueller’s investigation into Russian meddling would prove a distraction. In special elections over the past year, Democratic candidates like Jon Ossoff in Georgia and Conor Lamb in Pennsylvania barely mentioned the investigations, as part of a broader strategy of avoiding talking about Trump almost entirely.
Michael Rotondo, the 30-year-old whose parents resorted to legal action to evict him from their home, is confused about whether he is a millennial. To be fair, Rotondo is having a hard week. Now, Rotondo is working to figure out his next move—and part of that involved a truly bizarre interview with CNN on Wednesday.
Tuesday marked one year since Ford Motor Company's (NYSE: F) board of directors ousted Mark Fields as CEO, replacing him with Jim Hackett -- a futurist and former Steelcase CEO who had joined Ford to run its future-mobility subsidiary. Hackett's promotion was followed by a broad reshuffling of Ford's senior executives and a lot of talk about improving Ford's "fitness" as a company. A year later, Ford's share price looks to be stuck in neutral.
At least nine newsroom staffers from the Buffalo News’ newsroom have accepted buyout offers from the paper as it continues to deal with economic factors impacting media outlets, particularly newspapers, across the country. The actions are part of a financial belt-tightening instituted by the Buffalo News, which is owned by Berkshire Hathaway Inc. “There were buyout offers made,” confirmed Sandra Tan, a News reporter and current Buffalo Newspaper Guild CWA Local 31026 president. Sources said among those accepting the buyouts include sports reporter John Vogl, who has covered the Buffalo Sabres for the past 16 years, and health care reporter Henry Davis, a past Buffalo Newspaper Guild CWA Local 31026 president.
Jim Cramer said on CNBC's "Mad Money Lightning Round" he can no longer recommend Altria Group Inc (NYSE: MO) as a buy. He's concerned about competition from the Juul device. Cramer doesn't like optical fiber and he doesn't want to buy Corning Incorporated
Amazon, Starbucks, Vulcan and other companies have pledged a total of more than $350,000 toward an effort to repeal Seattle's newly passed tax on large employers intended to combat homelessness. Just days after the Seattle City Council approved the levy, the No Tax On Jobs campaign, a coalition of businesses, announced it would gather signatures to put a referendum on the November ballot to repeal it. The Washington Food Industry Association pledged $30,000.
Sen. Heidi Heitkamp (D-N.D) discusses how rising oil prices will impact the energy sector. Also Sen. Heitkamp talks about the upcoming midterm elections.
By Eric M. Johnson SEATTLE (Reuters) - United Parcel Service Inc will begin charging an extra $150 next month to handle oversized packages and pallets, along with a new charge for packages with mislabeled dimensions, the company said on Wednesday. UPS and rival FedEx Corp currently deliver parcels up to 150 pounds (68 kg) to a person's doorstep. "It's not a revenue-generating charge, its something we have increased regularly over time to encourage customers to ship through the UPS Freight network for these over max items," said UPS spokesman Glenn Zaccara.
Shares of the clinical-stage biotech Geron Corporation (NASDAQ: GERN) are up by double digits for the second day in a row on no apparent news. Congress passed a so-called "right-to-try" bill today, which could clear the way for terminally ill patients to experiment with the company's first-in-class telomerase inhibitor imetelstat as a drug of last resort.
If you are interested in cashing in on PepsiCo Inc’s (NASDAQ:PEP) upcoming dividend of $0.93 per share, you only have 6 days left to buy the shares before its ex-dividend date, 31 May 2018, in time for dividends payable on the 29 June 2018. Should you diversify into PepsiCo and boost your portfolio income stream?
Boeing signed a deal with Etihad Airways Wednesday under which the United Arab Emirates' flagship airline will use the jet maker's advanced technology to better manage its 7,500 global employees. Financial terms of the new deal, which involves the purchase of digital tools sold by Boeing Global Services, were not disclosed. Under the agreement, Etihad will integrate several Boeing AnalytX software solutions developed by the jet maker's affiliate Jeppesen.
Blue flames from burning methane are the latest natural phenomena being seen at the eruption of the Kilauea volcano in Hawaii. Nighttime photos released Wednesday by the U.S. Geological Survey show the flames spouting from cracks in the pavement in the Leilani Estates neighborhood where the volcano has been gushing lava on the big island of Hawaii for the past three weeks. The volcano produces methane when hot lava buries and burns plants and trees.
Wall Street equity research is supposed to be a value-add to clients. But, one has to wonder what value analysts are providing to their trading desks on struggling General Electric . In fact, one has to wonder how many clients have been hurt by wrong
Shares of General Electric Co. plunged in very active trade Wednesday, putting them on track for the biggest selloff nine years, with losses accelerating after Chief Executive John Flannery started talking at an industry conference. The industrial conglomerate’s stock (GE) closed down 7.3%, enough to pace the Dow Jones Industrial Average’s (^DJI) losers.
Orders for the mining machines and construction bulldozers made at this sprawling Caterpillar Inc. factory in central Illinois have jumped, in general, three-fold over the past year. Years of watching Caterpillar and other big manufacturers cut inventories, close plants and axe workers in the last downturn has embedded caution in Kirsh's ambition to expand after the surge in orders, reflecting a more fundamental shift in how many industrial businesses view expansions, according to interviews with Caterpillar executives, more than a half-dozen Caterpillar suppliers and U.S. economic data. "I just wasn't sure it was real," said Kirsh, speaking from a windowless office at the front of Kirsh Foundry Inc., in Beaver Dam, Wisconsin, which makes metal parts for Caterpillar and other customers.
It sounds like the start of a low-budget thriller: A New Zealand scientist is traveling with his international research team to Scotland to investigate whether the Loch Ness monster is real, according to the Associated Press. The expedition is led by University of Otago professor Neil Gemmell, who does not himself believe in the Loch Ness monster. The plan is to take 300 water samples from the lake and analyze the DNA found floating around inside it.
About a hundred years ago, the United States reached “peak horse.” In 1920 some 25 million horses roamed the plains, boulevards, cul-de-sacs, rodeos, stockyards, ports, farms, and dingy alleys of America—toting freight, plowing fields, fighting wars,