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Yahoo Finance Morning Rundown

A look at this morning's headlines

  • Business
    TheStreet.com

    Four Cheap 'Dividend Aristocrats' to Buy Now

    "Dividend Aristocrats" are S&P 500 stocks that meet certain minimum size and liquidity requirements and have at least 25+years of consecutive dividend increases. Through its flagship Walgreens chain and certain joint ventures, the company has a presence in more than 25 countries and employs over 385,000 people. WBA's 42 years of consecutive dividend increases qualify it as a Dividend Aristocrat, and the company appears positioned to deliver $5.95 of adjusted earnings per share for fiscal 2018.

  • China Won't Target U.S. Companies in Trade Dispute, SCMP Says
    World
    Bloomberg

    China Won't Target U.S. Companies in Trade Dispute, SCMP Says

    China has no plan to target U.S. companies operating in the nation amid escalating trade tensions, as that would run counter to Beijing’s goal of attracting foreign investments, South China Morning Post reported on Sunday, citing unidentified people. The policy makers sought to reassure foreign businesses in China amid fears that the Beijing government would retaliate for U.S. President Donald Trump’s proposed tariffs on Chinese goods by harassing American firms or depriving them of commercial opportunities, the Hong Kong-based newspaper reported, citing "two Chinese government sources." The option of targeting these business "has never been on the cards," according to one of the people. Goldman Sachs Group Inc. President David Solomon, United Parcel Service Inc. Chairman David Abney and Pfizer Inc. Chief Operating Officer Albert Bourla were among top executives at the meeting, according to the newspaper.

  • Business
    TheStreet.com

    These 5 Tech Giants Still Aren't That Expensive

    Several tech giants still carry reasonable valuations -- at least after accounting for the impact of heavy near-term spending and/or business model transitions. Apple's revenue growth profile isn't as strong as that of some of the companies mentioned below -- the consensus is for Apple to see 14% revenue growth in fiscal 2018, but just 4% growth in fiscal 2019.

  • 3 Stocks to Buy With Dividends Yielding More Than 6%
    Business
    Motley Fool

    3 Stocks to Buy With Dividends Yielding More Than 6%

    The best high-yield stocks share three common characteristics: They generate steady cash flow, have a conservative payout ratio, and possess a solid balance sheet. Three companies that comfortably fit that profile are Enterprise Products Partners (NYSE: EPD), MPLX (NYSE: MPLX), and Crestwood Equity Partners (NYSE: CEQP).

  • Boeing Grabs Another Big Widebody Order
    Business
    Motley Fool

    Boeing Grabs Another Big Widebody Order

    In 2017, Boeing (NYSE: BA) saw a somewhat surprising uptick in order activity after entering the year with modest expectations. The Boeing sales team is off to a great start in 2018, as well. Recently, Boeing has been particularly successful in selling widebodies -- the larger dual-aisle aircraft that typically serve longer international routes.

  • Finance
    The Wall Street Journal

    Intel Ex-Chief’s Affair With Employee Began Before He Was CEO

    Intel Corp. ex-Chief Executive Brian Krzanich’s affair with an employee, which cost him his job this week, started before he was CEO and ended several years ago, according to people familiar with the matter. The relationship, which those people said started about a decade ago, came into public view this week when Mr. Krzanich, 58 years old, resigned after the chip maker determined he had violated company policy by having a relationship with a co-worker. The woman involved in the affair still works at Intel, the people said.

  • BlackBerry Has Been Saved, CEO John Chen Says
    BBRY
    Bloomberg Video

    BlackBerry Has Been Saved, CEO John Chen Says

    Jun.22 -- John Chen, BlackBerry chief executive officer, discusses the company's financial health with Bloomberg's Amanda Lang on "Bloomberg Markets." (Video extended to include full interview.)

  • 3 Stocks That Could Make You Rich
    Business
    Motley Fool

    3 Stocks That Could Make You Rich

    This quote from self-help author Napolean Hill is (pardon the pun) right on the money. NVIDIA is definitely in the right place at the right time -- and with the right products. The company's graphics processing units (GPUs) are key components to several high-growth markets.

  • PayPal Has Made 3 Acquisitions in Just Over a Month
    Business
    Motley Fool

    PayPal Has Made 3 Acquisitions in Just Over a Month

    Investors in PayPal (NASDAQ: PYPL) have had plenty to be thankful for. Since the company's much publicized split from eBay, PayPal has embarked on a multitude of partnerships across the financial spectrum, with banks, credit card companies, and even tech giants. In the last several weeks, though, PayPal has been on a spending spree, snapping up companies to augment its growing payments empire.

  • Business
    CNBC

    For soon-to-be retirees, working a little while longer can pay off big time

    Delaying retirement for just three to six months has the same impact as saving 1 percent more of your salary over 30 years. When it comes to retirement savings, many nest eggs fall short. The power of saving continues to decrease as workers approach retirement age, according to the working paper from the National Bureau of Economic Research .

  • These Analysts Are Bullish on Netflix Ahead of Earnings. Should You Follow?
    Business
    Motley Fool

    These Analysts Are Bullish on Netflix Ahead of Earnings. Should You Follow?

    Netflix (NASDAQ: NFLX) plans to announce the results of its second quarter after market close on Monday, July 16, and expectations are high going into the company's financial report. Piper Jaffray analyst Michael Olson recently raised his price target on Netflix to $420 from $367. Netflix closed Friday at $411.

  • Former Microsoft CEO Steve Ballmer's has advice for Facebook and Google: Don't make the mistake we did (FB, GOOG, GOOGL, MSFT)
    Finance
    Business Insider

    Former Microsoft CEO Steve Ballmer's has advice for Facebook and Google: Don't make the mistake we did (FB, GOOG, GOOGL, MSFT)

    The backlash against Silicon Valley is growing. Steve Ballmer, the former CEO of Microsoft, has some advice for the likes of Facebook and Google: Accept you've screwed up, and work with regulators to fix it. As Silicon Valley battles scandals and increasing regulatory scrutiny, Former Microsoft CEO Steve Ballmer has warned Facebook and Google not to make the same mistake Microsoft did.

  • Why BlackBerry, J.C. Penney, and Splunk Slumped Today
    Business
    Motley Fool

    Why BlackBerry, J.C. Penney, and Splunk Slumped Today

    Friday was generally favorable on Wall Street, although pockets of weakness in the tech and small-cap area held back the Nasdaq Composite and Russell 2000 indexes even as the Dow and S&P 500 climbed. BlackBerry (NYSE: BB), J.C. Penney (NYSE: JCP), and Splunk (NASDAQ: SPLK) were among the worst performers on the day. Shares of BlackBerry fell close to 9% after the mobile device pioneer reported its fiscal first-quarter financial results.

  • GM is bringing back its iconic Chevy Blazer
    GM
    CNBC Videos

    GM is bringing back its iconic Chevy Blazer

    CNBC's Phil LeBeau reports on Blazer making a big comeback from General Motors.

  • AT&T Is Now Forcing Unlimited Customers to Take a Bundle
    Business
    Motley Fool

    AT&T Is Now Forcing Unlimited Customers to Take a Bundle

    AT&T (NYSE: T) told investors it was going to double down on bundling in 2018 after finding some success with the strategy of combining wireless and video packages last year. Now, AT&T is introducing new unlimited data plans for wireless customers that include access to Watch TV, its new streaming video service featuring around 30 live channels. In fact, customers who want unlimited data will soon have no choice but to take the Watch TV bundle, and pay a slight premium over AT&T's previous plans.

  • Finance
    InvestorPlace

    At This Point, Micron Stock Looks Pretty Much Unstoppable

    Micron Technology Inc. (NASDAQ:MU) did it again. Strong earnings, and a stronger forecast from CEO Sanjay Mehotra, continued to power Micron stock upward, but bears won’t let it go past the fundamentals so the memory chip maker is still a buy. On June 20 Micron reported net income of $3.823 billion, $3.10 per share, on revenue of $7.8 billion for the quarter.  This compares to earnings of $1.65 billion, $1.40 per share, and revenues of $5.56 billion a year ago.

  • The U.S. Payroll Tax in 2018: What You Need to Know
    Business
    Motley Fool

    The U.S. Payroll Tax in 2018: What You Need to Know

    If you look at your pay stub, you'll notice that in addition to paying federal and state (if applicable) income taxes, there's a separate tax to cover Social Security and Medicare expenditures. The Social Security payroll tax rate is currently 6.2% each for employees and their employers.

  • 3 Top Energy Stocks to Buy Right Now
    Business
    Motley Fool

    3 Top Energy Stocks to Buy Right Now

    Unsurprisingly, they picked three high-yield stocks: Enterprise Products Partners (NYSE: EPD), TerraForm Power (NASDAQ: TERP), and Phillips 66 Partners (NYSE: PSXP). Tyler Crowe (Enterprise Products Partners): It can be easy to dismiss Enterprise Products Partners right now. To sustain a high-yield investment like Enterprise -- it yields 6% today -- it requires an intense focus on both investing in projects with high rates of return and investing at a pace that doesn't compromise the financials of the company.

  • Whole Foods rival Sprouts Farmers Market to make its Washington debut
    Business
    American City Business Journals

    Whole Foods rival Sprouts Farmers Market to make its Washington debut

    Sprouts Farmers Market will open its first store in Washington on Aug. 15, becoming the newest player in the Puget Sound region's booming natural, organic and specialty foods market. The 30,000-square-foot store is at 13314 Bothell Everett Highway in

  • Business
    Benzinga

    Evercore ISI Says Bluebird Bio Has Path To Commercialization, Madrigal Pharma Outpaced By Mid-Cap Alternatives

    Evercore ISI's Josh Schimmer on June 19 upgraded bluebird from In-line to Outperform with a price target lifted from $175 to $230. Bluebird's recent updates related to its LentiGlobin investigational gene therapy in patients with sickle cell disease and the separate myeloma CAR-T therapy bb2121 with its partner Celgene Corporation (NASDAQ: CELG) represent an "important positive inflection" for the company, Schimmer said in the upgrade note.

  • Business
    Benzinga

    Bernstein Pumps The Brakes On AMD: 'Expectations Have Soared'

    Advanced Micro Devices, Inc. (NASDAQ: AMD) shares have climbed 62 percent year-to-date. Yet AMD’s fundamental performance may not be as rosy as the market seems to think, according to Bernstein.  The Analyst Bernstein analyst Stacy Rasgon on June 20

  • Home Depot's $1.2 Billion Investment to Amazon-Proof Its Business
    Business
    Motley Fool

    Home Depot's $1.2 Billion Investment to Amazon-Proof Its Business

    Over the past several years, Home Depot Inc. (NYSE: HD) has consistently used technology to counter potential disruptors, such as Amazon.com Inc. (NASDAQ: AMZN), while staying several steps ahead of traditional rivals like Lowe's Companies Inc. (NYSE: LOW). With ideas like its e-commerce operation known as One Home Depot, and its innovative use of big data, Home Depot has consistently incorporated technology to drive strong business results and reward shareholders. This adoption of technology requires constant investment, something the company has not shied away from.

  • Why Red Hat, Inc. Shares Crashed Today
    Business
    Motley Fool

    Why Red Hat, Inc. Shares Crashed Today

    What happened Shares of Red Hat (NYSE: RHT) crashed on Friday, following Thursday night's release of the open-source software vendor's first-quarter results. The stock opened Friday's trading session 14.6% lower, recovered to a 10.1% decline near 11:

  • 3 Growth Stocks to Buy and Hold for 25 Years
    Business
    Motley Fool

    3 Growth Stocks to Buy and Hold for 25 Years

    This expansion has not only increased cash flows, but also decreased the concentration of those cash flows from its biggest tenants, lowering its risk profile while simultaneously growing investor returns.

  • Is It Time To Sell Enterprise Products Partners LP (NYSE:EPD) Based Off Its PE Ratio?
    Business
    Simply Wall St.

    Is It Time To Sell Enterprise Products Partners LP (NYSE:EPD) Based Off Its PE Ratio?

    This analysis is intended to introduce important early concepts to people who are starting to invest and want to better understand how you can grow your money by investing in Enterprise Products Partners LP (NYSE:EPD). Enterprise Products Partners LP (NYSE:EPD) is trading with a trailing P/E of 20.6x, which is higher than the industry average of 13.4x. While this makes EPD appear like a stock to avoid or sell if you own it, you might change your mind after I explain the assumptions behind the P/E ratio.