♦ European Stocks – U.S. Stocks ♦ Stock Market Today — U.S. stocks traded at record levels and those in Europe hit a fresh high on Friday. The region-wide Stoxx Europe 600 index rose 1 per cent for its fourth… Read More ›
Stock Market News
♦ Tech Sector Leads Stocks Higher ♦ StockMarketNews.Today — U.S. equities rose, led by shares of technology companies, in a week expected to be dominated by the start of earnings season and the signing of a partial China trade deal…. Read More ›
Stock Market News: The U.S. and China Have Agreed to Restart Semi-Annual Talks Aimed at Resolving Economic Disputes
Today’s Stock Market News – Sunday, 12 January, 2020 ⇑⇓ Stock Market News Today ⇓⇑ — The United States and China have agreed to restart semi-annual talks aimed at resolving economic disputes between the two countries, a process abandoned at the… Read More ›
⇑⇓ STOCK MARKET NEWS TODAY — BUSINESS & FINANCIAL NEWS ⇓⇑ Secretary of State Mike Pompeo and Treasury Secretary Steven Mnuchin announced Friday that the U.S. would impose new sanctions on Iran’s metal exports and a handful of the country’s… Read More ›
Stock Market News — U.S. job growth slowed more than expected in December, but the pace of hiring remains more than enough to keep the longest economic expansion in history on track despite a deepening downturn in a manufacturing sector… Read More ›
◊ Stock Market News Today – Friday, 10 January, 2020 ◊ StockMarketNews.Today — Stocks march higher as Middle East tensions ease… World stocks set new record highs on Friday and the prices of safe-haven assets such as gold pulled back… Read More ›
⇑⇓ STOCK MARKET NEWS TODAY — BUSINESS & FINANCIAL NEWS ⇓⇑ StockMarketNews.Today — A flare-up in U.S.-Iran tension may be keeping oil elevated, but an actual disruption to global crude supplies is needed to keep prices at current levels, according… Read More ›
⇑⇓ STOCK MARKET NEWS TODAY — BUSINESS & FINANCIAL NEWS ⇓⇑ The first full trading week of 2020 looks likely to be action packed with geopolitics firmly back on top of the market agenda after a spike in oil prices… Read More ›
⇑⇓ STOCK MARKET NEWS TODAY — BUSINESS & FINANCIAL NEWS ⇓⇑ StockMarketNews.Today — 1. No end in sight to the U.S.-China struggle for supremacy. The trade war between the U.S. and China, which hobbled the world economy almost single-handedly in… Read More ›
◊ China Economic Growth 2020 ◊ China plans to set a lower economic growth target of around 6% in 2020 from this year’s 6-6.5%, relying on increased state infrastructure spending to ward off a sharper slowdown, policy sources said. Chinese… Read More ›
Target delivered better-than-expected earnings during the critical holiday sales period as the retailer’s in-house brands and easy delivery options drew its strongest traffic and same-store sales growth in more than a decade. The company’s adjusted earnings per share hit a new record and its digital sales surged more than 25 percent for the fifth year in a row, even as its net income slid 26.5 percent.
New orders for key U.S.-made capital goods unexpectedly fell in December amid declining demand for machinery and primary metals, pointing to a further slowdown in business spending on equipment that could crimp economic growth.
Lyft Inc Plans To Launch The Roadshow For Its Initial Public Offering (IPO) During The Week Of March 18
Lyft now expects to be valued at between $20 billion and $25 billion in its IPO, the sources said, adding that the roadshow is expected to last for about two weeks. The sources cautioned that the plans were still subject to change and market conditions.
A New Round Of Talks Between The United States And China To Resolve Their Trade War Will Take Place In Washington On Tuesday
The talks are aimed at “achieving needed structural changes in China that affect trade between the United States and China. The two sides will also discuss China’s pledge to purchase a substantial amount of goods and services from the United States,” the White House said in a statement.
HSBC Holdings Turned In A Disappointing Annual Profit. Shares Dip After Lender Says Cost Growth Outstripped Revenue At The End Of 2018
HSBC Holdings turned in a disappointing annual profit as higher costs and a stocks rout chipped away at its trading businesses, while warning that an economic slowdown in China and Britain would throw up further hurdles this year.
Uber is aiming for an IPO that could value it at as much as $120 billion. Chief Executive Dara Khosrowshahi has worked to shore up the company’s balance sheet by selling unprofitable units and completing fundraising including investments from SoftBank Group Corp. and Toyota Motor Corp. , and a large debt sale.
Farmers are waiting for more clarity on trade deals before buying equipment. The company said Friday that initial orders of tractors, combine harvesters and other equipment were weak, contributing to the lower-than-expected quarterly profits.
Spotify Is Acquiring Pair of Podcasting Companies. The Acquisition Plans Come As The Company Reports Its First-Ever Operating Profit For The Fourth Quarter
The music-streaming company, which is already the second-largest podcasting platform, said it would buy podcast publisher Anchor in a move to increase its presence in other forms of audio. It also said it is buying podcast producer Gimlet Media.
Analysts Warn Car Makers Could Be Forced To Cut Factory Production With U.S. Auto Sales Expected To Weaken In 2019
While January is typically a slower month for new-vehicle sales, analysts say the rising stock levels are becoming problematic because car companies will start this year with more unsold inventory than they had three years ago when U.S. auto sales peaked at 17.55 million for the year.
2019 Stress Test Scenario: Big Banks Must Show The Fed They Can Survive A Hypothetical Scenario With Enough Capital To Continue Lending
“The hypothetical scenario features the largest unemployment rate change to date,” said Randal Quarles, the Fed’s vice chairman for supervision, in a written statement. “We are confident this scenario will effectively test the resiliency of the nation’s largest banks.”
In a statement published Monday, 11 of the 14 members of the Lima Group called for a “peaceful transition through political and diplomatic means without the use of force.”
The group also underscored the need for an urgent delivery of humanitarian aid and insisted international governments “take measures to prevent the Maduro regime … from doing business in oil, gold and other assets.”
Alphabet Inc. revenue grew 22% year over year to $39.3 billion, beating Wall Street’s forecasts. But, as is often the case, what Google spends sometimes overshadows what it makes
Alphabet Inc., parent company of the Internet search giant, reported mostly strong fourth-quarter results Monday afternoon. Revenue grew 22% year over year to $39.3 billion, beating Wall Street’s forecasts. That was driven by yet another quarter of 20% growth for the company’s colossal advertising business, which now generates more than $116 billion in revenue annually.
The deepening turmoil in Venezuela is exacerbating a shortfall of crude oil. Venezuela’s oil occupies a special niche to U.S. refiners’ operations
On Monday, the U.S. imposed sanctions on Venezuela’s state-owned oil giant in an attempt to prevent the proceeds of crude sales to the U.S. from reaching the government of President Nicolás Maduro.
Hershey Co. Looks to New Candy, Higher Prices to Boost Revenue. The Chocolatier Said it Expects Sales to Increase by 1% to 3% this Year
Hershey said it expects sales to increase by 1% to 3% this year, with earnings per share rising by 5% to 7%—in line with analyst estimates, according to FactSet.
U.S. homes and businesses used record amounts of natural gas for heating during the brutal freeze blanketing the eastern half of the country on Wednesday
Several utilities urged customers to cut back on power and gas use on Thursday during the brutal freeze blanketing the eastern half of the country after U.S. homes and businesses used record amounts of natural gas for heating on Wednesday
“The case for raising rates has weakened somewhat,” Fed Chairman Jerome Powell said at a news conference after the central bank’s latest policy meeting