U.S. Markets close in 5 hrs 25 mins

The Mets batted out of order on Wednesday, because of course they did

Chaos reigned at Great American Ballpark on Wednesday afternoon. The New York Mets batted out of order in the first inning of their game against the Cincinnati Reds, which meant that for over an inning, no one really knew how many outs there were or who was supposed to be batting.

  • Finance
    Bloomberg

    Tesla Skeptic Surprised by How Much He Enjoyed the Model 3

    In a broader note about positive electric-car momentum, Jonas said he observed workers at Tesla’s lone auto plant in Fremont, California, who were “extremely busy cranking out Model 3s” for delivery in the U.S. He also drove the dual-motor performance version of the vehicle, which he sees as having better value-for-performance than the Model S sedan. “Frankly, our enjoyment of the high-spec version of the Model 3 took us by surprise,” Jonas said, adding that it’s “hard to say how much this matters.

  • Sears bankruptcy could make these 5 big companies multi-million-dollar losers
    Finance
    Yahoo Finance

    Sears bankruptcy could make these 5 big companies multi-million-dollar losers

    Signs advertising store closing sales are seen on the doors of a Sears in New Hyde Park, New York, U.S., October 10, 2018. REUTERS/Shannon Stapleton Being an unsecured creditor of Sears (SHLD) right now is not a good place to be. The 125-year old former

  • This $372 Million Windfall for Aurora Cannabis Could Be Just the Beginning
    Business
    Motley Fool

    This $372 Million Windfall for Aurora Cannabis Could Be Just the Beginning

    Investors have never been more excited about the prospects for marijuana stocks, and many of the best-known first movers in the industry call Canada their home. Aurora Cannabis (NASDAQOTH: ACBFF) (TSX: ACB) is one of the major companies in the cannabis industry looking to cash in on the impending legalization of recreational marijuana in Canada, and it's put together an impressive set of resources designed to let it take maximum advantage of growing consumer interest in cannabis products. Like most up-and-coming companies, Aurora Cannabis isn't consistently profitable, and the marijuana producer is spending freely to ramp up its production capabilities to stay ahead of competitors.

  • What Should Investors Expect When Shopify Reports Earnings?
    Business
    Motley Fool

    What Should Investors Expect When Shopify Reports Earnings?

    E-commerce platform provider Shopify (NYSE: SHOP) has had quite a run since going public three years ago, gaining over 400% compared with the 30% gains of the S&P 500. The biggest contributors have been the recent market rout and fears caused by Shopify's slowing growth. Investors will be keeping a close eye on the numbers when Shopify reports third-quarter results before the market open on Oct. 25.

  • This Is the Average American's Salary. How Does Yours Compare?
    Business
    Motley Fool

    This Is the Average American's Salary. How Does Yours Compare?

    In an age of oversharing, many of us are remarkably tight-lipped when it comes to talking salary. But in reality, knowing where you stand can help you determine whether you're in a good place or whether you should be taking steps to boost your earnings

  • Better Buy: Activision Blizzard vs. Take-Two Interactive
    Business
    Motley Fool

    Better Buy: Activision Blizzard vs. Take-Two Interactive

    Video game stocks have delivered big returns over the last five years, and Activision Blizzard (NASDAQ: ATVI) and Take-Two Interactive (NASDAQ: TTWO) have led the charge. Over that time, Activision shares are up 360%, while Take-Two shares have soared 640%. Activision is known for its Call of Duty franchise, which typically tops the list of best-sellers every year.

  • BofA Stung by Shadow Banks as Investment-Banking Fees Slip
    Finance
    Bloomberg

    BofA Stung by Shadow Banks as Investment-Banking Fees Slip

    While analysts had expected the firm to lose share to rivals in advisory fees, BofA also posted a 29 percent decline in debt-underwriting revenue, almost twice the drop that had been estimated. BofA’s income from leveraged finance was pinched by regulatory constraints and increased competition from nonbank lenders, sometimes known as shadow banks, Chief Financial Officer Paul Donofrio said on a call with journalists Monday. The firm’s investment bank has also been grappling with a string of senior-level departures this year, including the exit of the business’s head, Christian Meissner.

  • Tesla Model 3 hits major milestone
    TSLA
    Fox Business Videos

    Tesla Model 3 hits major milestone

    FBN's Cheryl Casone on Tesla reaching a milestone of 100,000 Model 3 vehicles and Tesla CEO Elon Musk filing the paperwork to create a Tesla brand tequila called 'Teslaquila.'

  • Microsoft Earnings: Mark Your Calendar
    Business
    Motley Fool

    Microsoft Earnings: Mark Your Calendar

    Software giant Microsoft (NASDAQ: MSFT) has continued to impress investors in 2018 amid its ongoing progress becoming a more cloud-centric company. Microsoft reports its first-quarter earnings for fiscal 2019 on October 24. Ahead of Microsoft's earnings release, here's an overview of some of the key areas investors will want to watch. Core to Microsoft's momentum recently is the company's rapidly growing commercial-cloud revenue.

  • 2 Pharmaceutical Stocks to Buy With Dividends of 3% or Better
    Business
    Motley Fool

    2 Pharmaceutical Stocks to Buy With Dividends of 3% or Better

    During a tough week for the overall market, pharmaceutical stocks across the board fell a few notches despite a lack of significant news for the industry itself. Over the past five years, Pfizer has been able to raise its dividend 42% despite declining sales for aging blockbusters that lost patent protection and a sterile injectibles business that suffered major product shortages after it was acquired. Now that the worst is over, a strong product lineup and bulging pipeline could allow America's largest pharmaceutical company to direct a ton of cash toward its shareholders.

  • If You're Retired, Consider Buying These 3 Stocks
    Business
    Motley Fool

    If You're Retired, Consider Buying These 3 Stocks

    Magellan Midstream Partners, L.P. (NYSE: MMP), PPL Corporation (NYSE: PPL), and ExxonMobil Corporation (NYSE: XOM) are all high yielding dividend payers with long histories of increasing their dividends on a regular basis. Magellan has long been one of the most conservative midstream partnerships, focusing on self-funding as much of its growth as it can to avoid dilutive unit sales -- a model which peer and industry bellwether Enterprise Products Partners L.P. is starting to mimic. This conservative approach, however, doesn't mean the company is skimping on growth.

  • Ford Escape sales are down — here’s how it compares with other small SUVs
    Business
    American City Business Journals

    Ford Escape sales are down — here’s how it compares with other small SUVs

    Sales of the Ford Escape aren't what they used to be. The Escape, made at the Louisville Assembly Plant, saw sales decline by 20 percent in September 2018, compared with the same month last year. Ford and its Lincoln Motor Co. subsidiary have been successful in increasing sales of larger SUVs, such as the Navigator and Expedition this year.

  • How Investors Reacted to Walgreens’s Fourth-Quarter Results
    Business
    Market Realist

    How Investors Reacted to Walgreens’s Fourth-Quarter Results

    Walgreens Closes Fiscal 2018 with Mixed Results (Continued from Prior Part) Walgreens stock after fourth-quarter results As we’ve already seen in this series, Walgreens Boots Alliance (WBA) posted better-than-expected fourth quarter of fiscal 2018 earnings

  • News
    CNBC

    He retired at 34. Here's how many people are enjoying a very early retirement

    Retiring in your 60s and 70s can seem a challenge to pull off. A few early retirees break down how they did it. Retiring comfortably in yours 60s or 70s can seem a high-wire act, so how are some people pulling it off without a wrinkle in their face?

  • What Analysts Recommend for Medtronic
    Business
    Market Realist

    What Analysts Recommend for Medtronic

    How Is Medtronic Positioned in October? On October 12, Medtronic stock closed at $94.69, which is a ~1.7% rise from its prior-day close of $93.11 on October 11 and a ~24% rise from its 52-week low of $76.41. Medtronic hit its 52-week high of $100.15 on September 26, 2018.

  • Bank of America profit beats on lower costs, loan growth
    Business
    Reuters

    Bank of America profit beats on lower costs, loan growth

    In his near-decade long tenure as chief executive officer, Brian Moynihan has tried to streamline the lender's sprawling operations by cutting jobs, digitizing retail operations and getting rid of crisis-era mortgages, which he inherited as part of its acquisition of Countrywide Financial. Two years ago, Moynihan pledged to cut expenses to $53 billion by the end of this year and stick to that level until 2020. "Responsible growth, backed by a solid U.S. economy and a healthy U.S. consumer, combined to deliver the highest quarterly pre-tax earnings in our company's history," Moynihan said in a statement.

  • Business
    Benzinga

    Bulls & Bears Of The Week: GE, Netflix, Nike, Twitter And More

    Benzinga has featured looks at many investor favorite stocks over the past week. Bullish calls included an old-school conglomerate and a social media pair. Bearish calls included an electric car maker and a pharmaceutical firm. Another major hurricane

  • Jack Bogle's Stock and Bond Market Return Expectations
    Business
    Morningstar

    Jack Bogle's Stock and Bond Market Return Expectations

    The Vanguard founder says low dividend yields, modest earnings growth potential, and still-low rates mean returns are set to be lower.

  • Better Marijuana Stock: Canopy Growth Corporation vs. Aphria Inc.
    Business
    Motley Fool

    Better Marijuana Stock: Canopy Growth Corporation vs. Aphria Inc.

    Recreational marijuana sales begin on Oct. 17 in Canada, and investors convinced the program will be a hit have pushed shares of Canopy Growth Corporation (NYSE: CGC) and Aphria Inc. (NASDAQOTH: APHQF) up by 60% or better over the past few months. In just two short years, Canopy Growth Corporation's market cap has exploded from just $476 million two years ago to $10.1 billion at recent prices, and it looks like there could be more fireworks ahead. Canopy Growth has secured contracts that will require it to provide at least 67,000 kilograms of cannabis annually to Canadian provinces and territories.

  • 2 Hot Marijuana Stocks Listing Soon on U.S. Exchanges -- Are They Buys?
    Business
    Motley Fool

    2 Hot Marijuana Stocks Listing Soon on U.S. Exchanges -- Are They Buys?

    Two marijuana stocks that are currently listed on Canadian stock exchanges soon plan also to list on U.S. stock exchanges. Aurora Cannabis (NASDAQOTH: ACBFF) (TSX: ACB) expects to trade on the New York Stock Exchange (NYSE) by the end of October and Aleafia Health (NASDAQOTH: ALEAF) should soon trade on the Nasdaq stock exchange. Are these hot marijuana stocks that are coming soon to U.S. stock exchanges smart picks to buy now?

  • Bank of America exceeds expectations in third-quarter earnings
    Business
    American City Business Journals

    Bank of America exceeds expectations in third-quarter earnings

    Bank of America Corp. (NYSE: BAC) reported its 15th consecutive quarter of positive operating leverage Monday morning, when the Charlotte-based bank released its third-quarter earnings report. BofA posted $7.2 billion in net income, or 66 cents per share, in the third quarter, reflecting a 32% year-over-year increase. Executives attribute the bank's success in the third quarter to asset quality and the benefits of tax reform, which slashed corporate tax rates to about 21%.

  • It’s Official -- These 5 Social Security Changes Are Coming for 2019
    Business
    Motley Fool

    It’s Official -- These 5 Social Security Changes Are Coming for 2019

    For workers, Social Security's maximum taxable earnings are increasing, and more income will be required to earn a Social Security "credit." Beneficiaries who claimed Social Security early and still work will be happy to learn they'll be able to earn more without a benefit reduction in 2019, and for high earners, the maximum possible Social Security benefit is also on the rise. With all of that in mind, here are the recently released details of these five 2019 Social Security changes. As I mentioned, Social Security beneficiaries are getting a 2.8% COLA starting with their January 2019 benefit payment.

  • Why I’m Not Worried About Being Behind on Retirement Savings
    Business
    GoBankingRates

    Why I’m Not Worried About Being Behind on Retirement Savings

    This is why I find it funny that we spend most of our lives “retirement planning” or planning for our deaths. Don’t get me wrong, I’m not shouting in the face of retirement planning or being prepared. Although I’ve gotten my life back on track since then, I’m still not worried about being behind on retirement savings, the magical “$1 million saved” for retirement number or all the “what ifs.” Why?

  • Sears craters after filing for bankruptcy (SHLD)
    Finance
    Business Insider

    Sears craters after filing for bankruptcy (SHLD)

    The iconic American retailer will close 142 stores by year end and Eddie Lampert will step down as CEO but remain chairman. Sears fell more than 14% early Monday. The iconic American retailer, which has seen sales cut in half since 2014, announced it would close 142 stores before the end of year and that CEO Eddie Lampert will step down.

  • What Investors Should Know about AT&T’s Growth Prospects
    Business
    Market Realist

    What Investors Should Know about AT&T’s Growth Prospects

    What Investors Should Know about AT&T’s Growth Prospects AT&T’s earnings in Q3 2018 AT&T (T), the second-largest wireless service provider in the United States, is looking to showcase its strength as it nears its third-quarter earnings release. The company