Stocks up big in Thursday trading
Big gains on all the major indices on Thursday. Yahoo Finance's Seana Smith, Dan Roberts and Dion Rabouin discuss.
Big gains on all the major indices on Thursday. Yahoo Finance's Seana Smith, Dan Roberts and Dion Rabouin discuss.
My iPhone X is fine. I picked up the $1,000 rectangle of glass and aluminum on launch day. I’ve been on Apple’s upgrade program since it launched in 2015, which means I pay a monthly fee, currently $56, and get each new iPhone as it’s released every
MOSCOW/LONDON (Reuters) - As OPEC's efforts to balance the oil market bear fruit, U.S. producers are reaping the benefits - and flooding Europe with a record amount of crude. Russia paired with the Organization of the Petroleum Exporting Countries last year in cutting oil output jointly by 1.8 million barrels per day (bpd), a deal they say has largely rebalanced the market and one that has helped elevate benchmark Brent prices close to four-year highs. Now, the relatively high prices brought about by that pact, coupled with surging U.S. output, are making it harder to sell Russian, Nigerian and other oil grades in Europe, traders said.
After arriving at St. Mary’s Hospital on Monday, Catherine, Duchess of Cambridge, gave birth to her third child with Prince William just hours later. Since then, the internet has wasted no time gearing up to meet the new royal member of Kate Middleton
Shares of industrial giant General Electric (NYSE: GE) have plunged over the past year due to deteriorating performance in the company's power business -- historically its largest segment by revenue -- and investor fears about hidden liabilities in the GE Capital financing business. Last Friday, General Electric silenced many of its critics with solid first-quarter results. While the company still faces earnings pressure from the power and GE Capital segments, the valuable aviation and healthcare segments are performing very well.
The manhunt for Waffle House shooting suspect Travis Reinking continued Monday morning as law enforcement agents are searching for the 29-year-old alleged shooter, who is still on the run and may be armed and dangerous. Metropolitan Nashville Chief Police Steve Anderson said at a news conference that Reinking is most likely on foot and is probably still close to the area, unless he was picked up by a car. Reinking has had numerous brushes with the law that may demonstrate his mental state.
Pipelines were supposed to be safe tollways that produced plenty of cash flows. Kinder Morgan stock has pretty much languished since that fateful day. Moves to right the ship at Kinder Morgan have begun to work and KMI has finally given long-suffering shareholders what they wanted all the time — a big return to dividend growth.
Korean Air Lines said Monday that two daughters of its chairman will resign from their executive positions amid mounting public criticism over the women's behavior and allegations that the family engaged in smuggling. An official at the Korea Customs Service, meanwhile, confirmed that authorities raided the airline's headquarters in Seoul seeking evidence on alleged smuggling and tariff evasion. Chairman Cho Yang-ho announced the resignation of his daughter Hyun-ah, who returned to leadership last month after a four-year hiatus following a "nut rage" scandal, and her younger sister Hyun-min, who is under investigation for allegedly hurling a cup of water at a business meeting.
Reddit co-founder Alexis Ohanian joins a growing list of tech luminaries who believe that limiting screen time fosters better psychological and social development.
It was looking like a banner year for business in China. The U.S. clothing company was expecting a 20 percent jump in online sales on Alibaba's Tmall, thanks to the e-commerce giant's massive reach. The company refused to sign an exclusive contract with Alibaba, and instead participated in a big sale promotion with its archrival, JD.com Inc. Tmall punished them by taking steps to cut traffic to their storefront, two executives told The Associated Press.
Bitcoin Cash is up 17% against the dollar on Monday. The cryptocurrency has risen 80% over the last seven days. An upcoming 'fork' of the currency — a change to its underlying code — appears to be supporting the price rally. Follow the live Bitcoin Cash
Just as lawyers for AT&T Inc. wrap up what most have considered to be a strong defense of the Time Warner Inc. megamerger, information has trickled out that may test the company’s credibility. AT&T, the No. 2 wireless carrier in the U.S., and its larger rival Verizon Communications Inc. are reportedly under investigation by U.S. antitrust officials over whether the companies colluded to make it harder for customers to switch carriers. The probe has to do with new electronic SIM, or eSIM, technology that allows consumers to make the switch by changing settings on their phone or tablet, rather than having to physically swap out a SIM card chip or go through their carrier. The Justice Department
Today, I don’t work in real estate, but I was an agent for many years during my 20s and early 30s. Click to read more about common real estate myths you should know. Here are five home-buying mistakes that I never knew before becoming a real estate professional.
Shares of IBM (NYSE: IBM) plunged nearly 8% on April 18, after the tech giant reported its first-quarter earnings. Big Blue's numbers initially looked solid, topping analyst estimates on both the top and bottom lines. But upon digging deeper into theÂ
Social Security is likely to provide more than half of your income as a senior, but chances are good you don't really understand how the program works. Social Security's rules are undoubtedly confusing, especially as you try to figure out when you actually become eligible for benefits. More than 90% of older adults don't know how to maximize their Social Security benefits, according to a survey conducted by Nationwide.
Fox News Senior Judicial Analyst Judge Andrew Napolitano on Rep. Devin Nunes' comments that there was "no intelligence" to justify the Trump campaign collusion investigation.
Reagan's stock market gives clues for the Dow's next move: Acampora   2:27 PM ET Fri, 20 April 2018 | 01:53 Donald Trump, like Ronald Reagan before him, is an outside-the-beltway president. That recently prompted longtime market watcher Ralph Acampora to investigate whether the two had anything else in common. What he found could be a warning to the stock market. "Ronald Reagan had a six-month honeymoon," Acampora, director of technical research at Altaira Capital Partners, told CNBC's "Futures Now" last week. "The percentage gain was roughly about 10 percent." When Reagan was sworn into office on Jan. 20, 1981, the Dow Jones Industrial Average was trading at around 950. The index, which at
At the time, Southwest said those inspections would cause some impact on operations, but it has not said how many engines it planned to inspect. On Friday, the Federal Aviation Administration and European airline regulators ordered emergency inspections within 20 days of nearly 700 aircraft engines similar to the one involved in a fatal Southwest engine blowout earlier this week. The engine explosion on Southwest Flight 1380 on Tuesday was caused by a fan blade that broke off, the FAA said.
Oil and gas experts are closely watching the Permian Basin in 2018. The Permian Basin has grown crude oil production from 1.5 million barrels per day (bpd) entering 2014 to over 3.1 mbp today -- and that doesn't include natural gas (it's the second-largest gas play in the country) or other petroleum liquids. Current growth trends and expansion projects predict that crude oil output will rise to over 5 mpd sometime in 2023.
The company delivered positive earnings surprise in three of the last four quarters and missed expectations once. The average positive earnings surprise in the last four quarters is 4.23%. In the last reported quarter, Bristol-Myers delivered a positive surprise of 1.49%.
For long-term investors, assessing earnings trend over time and against industry benchmarks is more beneficial than examining a single earnings announcement at a point in time. Investors may find my commentary, albeit very high-level and brief, on Nokia Corporation (HLSE:NOKIA) useful as an attempt to give more color around how Nokia is currently performing. Was NOKIA weak performance lately part of a long-term decline?
Global benchmark Brent crude turned positive in volatile trade on Monday as it jockeyed between downward pressure after Iran dashed hopes that OPEC would extend its production cap pact and support on fears that U.S. sanctions could dampen Iran's output. "It's tweet by tweet," said Phil Flynn, analyst at Price Futures Group, saying the market is swinging in response to posturing from the U.S. and OPEC members. Iran's oil minister Bijan Zanganeh said there would be no need to extend a pact between the Organization of the Petroleum Exporting Countries and non-OPEC producers if oil prices strengthened, the ministry's official website SHANA reported.
In fact, a good 25% of employed baby boomers think they'll retire prior to age 65, according to new data from the Insured Retirement Institute. Your Social Security benefits are calculated based on what you earned during your top 35 working years, but once your full monthly benefit amount is established, you can only collect it in full upon reaching full retirement age. Now you are allowed to file for Social Security as early as age 62.
Catherine, the Duchess of Cambridge, has given birth to her third child with Prince William— a baby boy, whose name has not yet been released by the royal family. Kate Middleton gave birth to the 8-pound, 7-ounce baby boy at 11.01 a.m. U.K. time (6.01 a.m. ET), according to Kensington Palace. The newborn boy is a younger sibling to Prince George, 4, and two-year-old Princess Charlotte.
Saudi Arabia is rumored to want oil prices at $100 per barrel, but if prices rise that high, it could sow the seeds of the next downturn. Saudi officials want more revenues for their budget and a higher oil price to bolster the valuation of the Aramco IPO. As Liam Denning of Bloomberg Gadfly points out, in the past decade, while oil prices have surpassed $100 per barrel for periods of time, they didn’t stay there for very long.
The new royal baby may be less than a few hours old, but he has already made history. The latest addition to the family of Prince William and Catherine, Duchess of Cambridge, who was born Monday just hours after Kate Middleton was admitted to the Lindo Wing at St. Mary’s Hospital, is the first newborn in the immediate Royal Family to be affected by changes to the line in succession. The Succession to the Crown Act, which was introduced in 2013 but only went into effect in 2015, amended the rules surrounding succession to the British throne so it is no longer dependent on gender.