The Dow closed at an all-time high Tuesday, beating the previous record it set in October 2007, before the financial crisis and Great Recession. (March 5)
Tesla CEO Elon Musk announced on Twitter on Thursday that a lower-cost Model 3 was immediately available for order on the company's website. The electric car will have a base price of $45,000 and is eligible for federal and state tax rebates. Tesla shares were up almost 2% ahead of Friday's opening bell.
Despite the terrible odds — one in 302.5 million for those keeping score at home — someone will eventually match all six numbers and win the Mega Millions jackpot, which now stands at $970 million. Here are some answers for someone holding that prized lottery ticket for what would be the second-largest lottery jackpot in U.S. history. Lottery officials recommend winners take a deep breath, put their winning ticket in a safe spot and consult with a reputable financial planner before popping over to the lottery headquarters.
Kinder Morgan (NYSE: KMI) recently completed a "momentous" quarter according to CEO Steve Kean. Not only did the pipeline giant's financial results beat its expectations, but it was a pivotal quarter on a strategic front, because the company closed the sale of the Trans Mountain Pipeline and locked up another new growth project. Complete the distribution of the Trans Mountain proceeds and continue our discussions on turning the positive indications that we now have from all three rating agencies into positive ratings actions.
Legacy landline telecom CenturyLink, Inc. (NYSE: CTL) gets plenty of grief. And understandably so, considering that its legacy business, copper wire landline and internet connections is a steadily declining business while fiber and wireless technologies
The automaker is suffering from the appearance that it lacks transparency and decisive action. Morgan Stanley downgraded Ford F on Friday, saying its earnings and cash flow are under pressure and its dividend is at risk. The number two U.S. automaker is suffering from a perception among investors that it lacks transparency and is failing to take quick, decisive action in executing its turnaround plan, Morgan Stanley analyst Adam Jonas said in a note.
What happened Shares of Yandex N.V. (NASDAQ: YNDX) dropped 17.8% on Thursday following reports that Russia's state-owned Sberbank may take a controlling stake in the country's leading internet search company. More specifically, according to sources speaking
To understand what it means to be famous like Stormy Daniels, for the reasons she is famous, spend time with her in a public space. On Oct. 15, a California judge threw out the defamation case she filed against Donald Trump. Over the past year, Daniels, 39, has become the Zelig of White House scandals.
An analyst downgrade based on housing market outlooks has sent stocks from Lowe’s and Home Depot down over the last two days. Both Home Depot and Lowe’s are in downtrends dating back to September. On Wednesday, shares in Lowe’s and The Home Depot were slumping after disappointing housing market data led a key analyst to downgrade his ratings and slash price targets, and both stocks continued the slump into a second day on Thursday.
Goldman Sachs analyst Toshiya Hari reiterated his 'Buy' rating for Nvidia and added the chip-maker to Goldman’s 'Conviction Buy' list.
When the media and investors turn negative on stocks but the “smart money” is bullish, it’s a good time to think about buying. After all, exactly what is the smart money, and how do you know? Lately, several fund managers who pass this test have been pounding the table on Chinese internet names.
Longtime technology analyst Dan Ives initiates coverage of Apple at his new firm with an outperform rating and a 12-month price target of $310. "Many of the growth fears on the Street have been alleviated around Apple in the near term," says Ives, now at Wedbush Securities. Wall Street has a new biggest Apple AAPL bull.
The stock market had a tough session on Thursday, with the Dow Jones Industrial Average finishing down over 300 points. Investors continued to worry about rising interest rates in the U.S., but they also turned their attention to the global macroeconomic picture, where new concerns about the prospects for growth in areas like Europe and China weighed on sentiment. Company-specific news hurt certain stocks, and Activision Blizzard (NASDAQ: ATVI), United Rentals (NYSE: URI), and Gap (NYSE: GPS) were among the worst performers on the day.
Despite the many perks of early retirement — waking up whenever you want, for example — it wasn’t the easiest decision. Earnings tend to peak around 48 for men and about 39 for women, according to an analysis by PayScale.
(UAA) has had a bumpy ride the last couple of years. It started shortly after the stock peaked in 2015, which was another year of 20% revenue growth. Under Armour (ticker: UAA) made significant management changes, creating new senior executive titles for marketing, product, and innovation.
Energy giant Schlumberger Ltd. (slb) said Friday it had net income of $644 million, or 46 cents a share, in the third quarter, up from $581 million, or 39 cents a share, in the year-earlier period. Chief Executive Paal Kibsgaard said international areas grew revenue faster sequentially than North America for the first time since the second quarter of 2014. In North America, sequential growth remained positive, but slowed from previous quarter "as takeaway constraints in the Permian impacted hydraulic fracturing activity ....From a macro perspective, the oil market continued to tighten in the third quarter as seen by a further draw in global oil inventories and a significant increase in oil prices despite continued strong production from the US and increasing output from key OPEC countries," he said.
Rep. Matt Gaetz (R-Fla.) discusses the report that the U.S. reached a deal with Mexico to stop the migrant caravan from entering the United States.
Comcast (CMCSA) closed the most recent trading day at $35.94, moving -1.26% from the previous trading session. Heading into today, shares of the cable provider had lost 2.47% over the past month, lagging the Consumer Discretionary sector's loss of 2.12% and outpacing the S&P 500's loss of 2.61% in that time. Meanwhile, the Zacks Consensus Estimate for revenue is projecting net sales of $21.75 billion, up 3.66% from the year-ago period.
The official told The Associated Press that police have established that two vehicles belonging to the consulate, left the building on Oct. 2 — the day Khashoggi had walked into the consulate and vanished. One of the vehicles traveled to the nearby Belgrade Forest while the other traveled to the city of Yalova, across the Sea of Marmara from Istanbul, the official said, speaking on condition of anonymity due to the secrecy of the ongoing investigation. Turkish reports say Khashoggi was brutally murdered and dismembered inside the consulate by members of an assassination squad with ties to Saudi Crown Prince Mohammed bin Salman.
People get sick regardless of the economic cycle, so companies that cater to healing them often outperform during downturns, and their stocks are considered "defensive." Healthy and dependable dividends can also contribute to stabilizing portfolio returns in good times and bad. Two successful blue-chip stocks in the healthcare industry are British GlaxoSmithKline plc (NYSE: GSK) and Eli Lilly (NYSE: LLY). Investors like both stocks for their dividends and consistent performance, but the companies are really quite different, with GlaxoSmithKline diversified into vaccines and consumer products, and Eli Lilly focused on pharmaceuticals.
General Motors (NYSE: GM) will report its third-quarter earnings results before the U.S. markets open on Wednesday, Oct. 31. Wall Street thinks that GM's revenue may improve year over year, but it may fall a bit short of that earnings number this time around. GM has just begun rolling out all-new versions of its big-selling Chevrolet Silverado and GMC Sierra pickups.
America’s CEOs have spent more than $24 million in the 2018 midterms, according to a MarketWatch report, with the majority of that money going to Republicans. MarketWatch analyzed the contributions from 388 CEOs of S&P 500 companies between Jan. 1, 2017, and Aug. 31, 2018, as recorded by the Federal Election Commission. MarketWatch‘s report, released Thursday, includes a searchable database of CEO contributions.
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. In kicking off tech’s earnings season Tuesday, Netflix (NFLX)reported better-than-expected subscriber growth in the quarter, leading to an 11% jump in its shares in after-hours trading. Three months ago, Netflix reported weaker-than-expected subscriber growth, sending its stock tumbling about 12% in the next trading day.
Sometimes identifying the best stocks to buy can be difficult, but you could do a lot worse than checking out the stocks selected by one of the world’s savviest hedge fund managers — Warren Buffett. Buffett’s stock picks are a popular source for investors, and for good reason. The billionaire Buffett is many things: He’s among the world’s most successful fund managers, a legendary philanthropist and owns more than 60 companies.
CHARLOTTE, N.C. (AP) _ Nucor Corp. (NUE) on Thursday reported third-quarter net income of $676.7 million. The Charlotte, North Carolina-based company said it had profit of $2.13 per share. Earnings, adjusted for one
Advanced Micro Devices Inc AMD is set to report third-quarter 2018 results on Oct 24.Notably, AMD has a positive record of earnings surprises in the trailing four quarters, the average surprise being 30.97%. In the last reported quarter, earnings of 14