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White House coordinating second meeting with Kim Jong Un

CNBC's Eamon Javers reports the latest out of Washington D.C. including trade negotiations and the White House's relationship with North Korea.

  • Business
    Thomson Reuters StreetEvents

    Edited Transcript of WAL earnings conference call or presentation 19-Jul-19 4:00pm GMT

    Q2 2019 Western Alliance Bancorp Earnings Call

  • Read This Before You Buy Interface, Inc. (NASDAQ:TILE) Because Of Its P/E Ratio
    Business
    Simply Wall St.

    Read This Before You Buy Interface, Inc. (NASDAQ:TILE) Because Of Its P/E Ratio

    How Does Interface's P/E Ratio Compare To Its Peers? The P/E ratio essentially measures market expectations of a company. You can see in the image below that the average P/E (22.9) for companies in the commercial services industry is roughly the same as Interface's P/E. Its P/E ratio suggests that Interface shareholders think that in the future it will perform about the same as other companies in its industry classification.

  • Rupee, Indonesian rupiah, Thai baht fall as oil prices surge
    Business
    Reuters

    Rupee, Indonesian rupiah, Thai baht fall as oil prices surge

    Most Asian emerging currencies fell on Monday as the U.S. dollar held steady, while heightened tensions in the Middle East pushed oil prices higher. The dollar index was barely changed at 97.171 after gaining 0.35% last week, but the greenback broke above 108 yen to hit its highest since Wednesday, still in the middle of the 107-109 range where it has traded for a month. Underpinning the dollar, investors on Friday tempered expectations for deep U.S. interest rate cuts later this month, though a quarter-point cut is still widely expected.

  • Israel Begins Demolishing Palestinian Homes in East Jerusalem
    World
    Meredith Videos

    Israel Begins Demolishing Palestinian Homes in East Jerusalem

    Israeli work crews on Monday began demolishing dozens of Palestinian homes in an east Jerusalem neighborhood, in one of the largest operations of its kind in years.

  • Consumers could get up to $20,000 apiece in Equifax settlement — how to get your share
    Business
    MarketWatch

    Consumers could get up to $20,000 apiece in Equifax settlement — how to get your share

    Two years after Equifax revealed that hackers accessed the personal information of up to 147 million people, the credit bureau's newly-announced settlement for up to $700 million will provide cash payments for those who have been affected — but there are some key requirements people should be aware of before they file a claim. Under the terms of the settlement announced Monday, the major credit bureau is paying a mix of government fines, legal fees and, most importantly for consumers, setting up a fund that will underwrite free credit monitoring, identity theft protection and individual cash payments to people affected by the breach, which are capped at $20,000 per person. Some 147 million American consumers had their personal information stolen, according to the class-action lawsuit being settled in the deal.

  • Business
    Market Realist

    Why AT&T Stock Is Down 2.2% Today

    AT&T stock (T) was trading at $32.14 with a 2.0% loss for the day. Earlier today, it posted a low of $32.08. Is the stock overvalued right now?

  • Here's the next disaster in retail. Hint: it's not J.C. Penney dying
    Business
    Yahoo Finance

    Here's the next disaster in retail. Hint: it's not J.C. Penney dying

    Thanks to shoppers spending cautiously on clothes in recent months — despite a rallying stock market and low 3.7% unemployment rate — retailers of all kinds are sitting on mountains of excess inventory. Now that inventory must be worked off at profit-margin-busting prices in order to make way for the lucrative, full-price garb targeted to back to school shoppers in August and September. That backdrop sets the stage for scores of earnings misses, lowered profit outlooks and downtrodden earnings calls with Wall Street when the retail sector begins to release results in mid-August.

  • Why Luckin Coffee, Beyond Meat, and Achillion Pharmaceuticals Jumped Today
    Business
    Motley Fool

    Why Luckin Coffee, Beyond Meat, and Achillion Pharmaceuticals Jumped Today

    The stock market posted modest gains on Monday, seeking to power back toward its recent record-high levels. Market participants largely focused on individual companies, some of which saw strong gains for their shares. Luckin Coffee (NASDAQ: LK), Beyond Meat (NASDAQ: BYND), and Achillion Pharmaceuticals (NASDAQ: ACHN) were among the top performers.

  • What Kind Of Investor Owns Most Of Pluristem Therapeutics Inc. (NASDAQ:PSTI)?
    Business
    Simply Wall St.

    What Kind Of Investor Owns Most Of Pluristem Therapeutics Inc. (NASDAQ:PSTI)?

    A look at the shareholders of Pluristem Therapeutics Inc. (NASDAQ:PSTI) can tell us which group is most powerful. Warren Buffett said that he likes 'a business with enduring competitive advantages that is run by able and owner-oriented people'. Pluristem Therapeutics is a smaller company with a market capitalization of US$91m, so it may still be flying under the radar of many institutional investors.

  • One Thing To Remember About The RH (NYSE:RH) Share Price
    Business
    Simply Wall St.

    One Thing To Remember About The RH (NYSE:RH) Share Price

    If you own shares in RH (NYSE:RH) then it's worth thinking about how it contributes to the volatility of your portfolio, overall. In finance, Beta is a measure of volatility. Modern finance theory considers volatility to be a measure of risk, and there are two main types of price volatility.

  • Trump’s stock market still lags Obama’s, but that could be about to change
    Business
    MarketWatch

    Trump’s stock market still lags Obama’s, but that could be about to change

    Donald Trump loves telling us all about how fantastic the stock market has done under his leadership. McBride, for his part, says he doesn't believe the market is a great measure of policy performance, but he acknowledges that some, including Treasury Secretary Steven Mnuchin, do. “My view is there are many measures of success — and that the economy needs to work well for a majority of the people — not just stock investors,” McBride explained in a “just for fun” blog post over the weekend.

  • 5 Dow Jones Stocks to Sell Before the Market Slumps
    Business
    InvestorPlace

    5 Dow Jones Stocks to Sell Before the Market Slumps

    With such huge gains, it's time to start thinking about what Dow Jones stocks to sell. As you'd expect, when the market as a whole rips so much, it sets up some great profit-taking opportunities in individual stocks out of the Dow Jones' 30 components. Defense Stocks to Buy to Fortify Your Portfolio From vulnerable healthcare stocks to overpriced consumer staples plays and more, here are five Dow Jones stocks to sell before the market slides again.

  • After Hours: Apple and Intel Reportedly Close to Deal for 5G Modem Unit, Starbucks Gains Stake in Restaurant Tech Company
    Business
    Motley Fool

    After Hours: Apple and Intel Reportedly Close to Deal for 5G Modem Unit, Starbucks Gains Stake in Restaurant Tech Company

    Among the developments, it seems Apple (NASDAQ: AAPL) is about to buy one of Intel's (NASDAQ: INTC) business units, while Starbucks (NASDAQ: SBUX) has brewed up a deal of its own. Apple about to buy Intel modem unit? According to an article published in The Wall Street Journal after market close, Apple is far into discussions to purchase the 5G smartphone modem chip unit of Intel.

  • This island in Belize is for sale
    News
    Meredith Videos

    This island in Belize is for sale

    You can now buy an island in Belize for less that $500,000

  • J.C. Penney Hires Restructuring Advisers: What Does It Really Mean?
    Business
    Motley Fool

    J.C. Penney Hires Restructuring Advisers: What Does It Really Mean?

    Late last Thursday, Reuters reported that J.C. Penney (NYSE: JCP) had hired advisors to look into restructuring the company's debt in the hope of avoiding a bankruptcy filing. While the report didn't say the company was preparing for bankruptcy, it did seem to imply that bankruptcy was an option if the out-of-court debt restructuring efforts failed. This news sent J.C. Penney stock plunging more than 15% on Friday.

  • Lannett Company (LCI) Stock Makes the Street Go Wild
    Business
    SmarterAnalyst

    Lannett Company (LCI) Stock Makes the Street Go Wild

    Your guess is as good as anybody else's. SunTrust analyst Gregg Gilbert believes "management has been doing the right things to diversify the business and grow out of the levo trough." However, the analyst remains sidelined on the stock "pending greater visibility on the durability and profitability of the evolving portfolio and strategy to deal with the large debt load."

  • Better Buy: Pfizer vs. AbbVie
    Business
    Motley Fool

    Better Buy: Pfizer vs. AbbVie

    Pfizer (NYSE: PFE) and AbbVie (NYSE: ABBV) have a lot in common. There's also another common denominator for Pfizer and AbbVie: Both stocks are underperforming the broader market so far this year. Pfizer certainly faces a big challenge with its blockbuster drug Lyrica losing patent exclusivity.

  • Why Innovative Industrial Properties, Paysign, and Cadence Bancorporation Slumped Today
    Business
    Motley Fool

    Why Innovative Industrial Properties, Paysign, and Cadence Bancorporation Slumped Today

    Innovative Industrial Properties (NYSE: IIPR), Paysign (NASDAQ: PAYS), and Cadence Bancorporation (NYSE: CADE) were among the worst performers. Shares of Innovative Industrial Properties fell more than 8%, continuing their downturn from last week. If Innovative Industrial can show that it'll use its newfound capital wisely, then it could regain its recent losses in its stock price and keep climbing over the long haul.

  • Micron Technology Stock Upgraded: What You Need to Know
    Business
    Motley Fool

    Micron Technology Stock Upgraded: What You Need to Know

    Micron Technology (NASDAQ: MU) stock is on fire. Since the flash memory specialist crushed Q3 earnings estimates last month, shares have surged 44% in value (helped in part by an upgrade from Needham & Company, which especially liked Micron's guidance for Q4). Now, with two months still remaining in the fourth quarter, a second analyst -- Goldman Sachs -- is lending a hand, and helping to move Micron stock up a further 3% or so in Monday trading.

  • 3 Small-Cap Stocks With Big-Cap Potential
    Business
    Motley Fool

    3 Small-Cap Stocks With Big-Cap Potential

    Small-cap stocks -- typically defined as having a value of over $300 million but under $2 billion -- can be tough to choose, though. Nicholas Rossolillo (Appian): This software development company technically sits just outside small cap territory as of this writing with a value of $2.35 billion, but it's close to the threshold and the stock has been all over the place in the past year, which means many times it's been below $2 billion. Appian's software development tools by subscription are what's known as "low code." Low code is a drag-and-drop-style work environment that allows software developers -- or even those with little software experience -- to quickly build an application for a business.

  • Why Rite Aid Is Down Today
    Business
    Motley Fool

    Why Rite Aid Is Down Today

    What happened Shares of Rite Aid (NYSE: RAD) fell as much as 10% in afternoon trading on Monday. Shares were down about 7% as of p.m. It was a slow news day for the company, but it's possible that a pair of SEC filings can help to explain the fall.

  • China's coffee upstart Luckin pushes into India and Middle East
    Business
    TechCrunch

    China's coffee upstart Luckin pushes into India and Middle East

    Luckin continues to expand at jaw-dropping speed as it announced plans to open shop overseas for the first time. On Monday, the Starbucks challenger from China said it has signed a memorandum of understanding to set up a joint venture with Americana Group, a major international food group. The deal will see Luckin launch a new retail coffee business in the Greater Middle East region and India, said the company that in May took public its 18-month-old business.

  • Our Take On Ebix, Inc.'s (NASDAQ:EBIX) CEO Salary
    Business
    Simply Wall St.

    Our Take On Ebix, Inc.'s (NASDAQ:EBIX) CEO Salary

    Robin Raina became the CEO of Ebix, Inc. (NASDAQ:EBIX) in 1999. This analysis aims first to contrast CEO compensation with other companies that have similar market capitalization. At the time of writing our data says that Ebix, Inc. has a market cap of US$1.3b, and is paying total annual CEO compensation of US$4.4m.

  • When Should You Buy The Greenbrier Companies, Inc. (NYSE:GBX)?
    Business
    Simply Wall St.

    When Should You Buy The Greenbrier Companies, Inc. (NYSE:GBX)?

    The Greenbrier Companies, Inc. (NYSE:GBX), which is in the machinery business, and is based in United States, saw significant share price movement during recent months on the NYSE, rising to highs of $36.29 and falling to the lows of $27.05. Some share price movements can give investors a better opportunity to enter into the stock, and potentially buy at a lower price. A question to answer is whether Greenbrier Companies's current trading price of $28.12 reflective of the actual value of the small-cap?

  • The Absurdity of Aurora Cannabis' Latest Analyst Downgrade
    Business
    Motley Fool

    The Absurdity of Aurora Cannabis' Latest Analyst Downgrade

    But Carey recently downgraded Aurora to neutral only three months after initiating coverage on the stock with a buy recommendation. Wall Street analysts change their views on stocks all of the time, of course. But this latest downgrade for Aurora illustrates the absurdity of giving too much weight to analysts' recommendations.