11:38 a.m. Today11:38 a.m. Feb. 18, 2020
Dell Sells RSA Security Business to Private-Equity Firm Symphony for $2.1 Billion
Ontario Teachers’ Pension Plan Board and AlpInvest Partners are also part of the group buying the cybersecurity business.
11:24 a.m. Today11:24 a.m. Feb. 18, 2020
- By Joy Wiltermuth
Nasdaq ekes out record finish, other stock indexes slump as coronavirus takes toll on Apple sales Franklin Templeton parent says it will buy Legg Mason for $50 a shareDow, S&P 500 closed lower Tuesday, after Apple Inc. said a viral outbreak in China would hurt its second-quarter results, reigniting fears that the global economy could be harmed.
10:36 a.m. Today10:36 a.m. Feb. 18, 2020
- By Jonathan Burton
How AI ‘therapists’ and machine learning could be the answer to affordable mental health care People reveal more personal and intimate details to human-like apps and bots that can ‘sense’ emotions and concernsPeople reveal more personal and intimate details to human-like apps and bots that can ‘sense’ emotions and concerns.
10:08 a.m. Today10:08 a.m. Feb. 18, 2020
- By Andrea Riquier
Here’s the segment of the economy that may benefit from fears of coronavirus, analysts say Housing has long been known as making up 15% of the economy but its importance may be more fundamental than thatAs the COVID-19 spreads and the patient count and death toll grow, economists are slashing their once-rosy expectations for global growth in 2020.
9:32 a.m. Today9:32 a.m. Feb. 18, 2020
Steel Stocks Are Getting Slammed. Here's Why U.S. Steel Is the Poster Child.
Steel stocks are getting hammered even though steel prices aren't. And no steel stock is getting hit harder than United States Steel.
8:37 a.m. Today8:37 a.m. Feb. 18, 2020
- By Nouriel Roubini
The stock market is ignoring these ‘white swan’ events that could upend everything, Roubini warns From hot wars to weaponized financial assets, the U.S. faces severe economic, financial, political, and geopolitical disturbances A number of potential disruptive ‘white swans’ can be seen on the horizon. Any of them could trigger severe economic, financial, political, and geopolitical disturbances unlike anything since the 2008 crisis.
7:12 a.m. Today7:12 a.m. Feb. 18, 2020
What Warren Buffett Might Tell Investors in His Annual Letter This Week
Berkshire Hathaway investors will be looking at a range of issues, including succession, stock repurchases, dividends, the acquisition environment, the company’s lagging stock price, and its move to pare its longtime Wells Fargo holding.
6:10 a.m. Today6:10 a.m. Feb. 18, 2020
The Coronavirus Is Still Derailing China’s Economy. Here’s What to Watch.
Money managers and analysts are looking for signs of when China’s economy can restart as companies such as Apple warn about the business impact of the coronavirus.
5:22 a.m. Today5:22 a.m. Feb. 18, 2020
Franklin Resources Is Buying Legg Mason for $4.5 Billion
The fund industry is about to undergo more consolidation with a merger between Franklin Resources and Legg Mason.
4:00 a.m. Feb. 17, 2020
Greek Bond Yields Are Below 1%. Why the Rally Could Continue.
Investors are rewarding the country for its election of a center-right party and its smooth removal of capital controls, nearly a decade after fears of a eurozone fiscal crisis briefly pushed the Greek 10-year bond yield above 30%.
5:26 a.m. Feb. 16, 2020
- By Elisabeth Buchwald
More Americans feel confident about taking on debt in 2020, even as delinquencies rise ‘Transitions into delinquency among credit-card borrowers have steadily risen since 2016, notably among younger borrowers’‘Transitions into delinquency among credit-card borrowers have steadily risen since 2016, notably among younger borrowers.’
5:37 a.m. Feb. 15, 2020
Inside Berkshire Hathaway’s Future Without Warren Buffett
The Oracle turns 90 in August, and the company he built could be in for a stock-boosting makeover.
4:17 a.m. Feb. 15, 2020
- By Wallace Witkowski
Nvidia stock closes at record as data-center sales inspire analyst love fest Quarterly data-center sales just shy of $1 billion mark after tough yearNvidia Corp.’s shares surge to close at a record high Friday as analysts practically write Valentine’s Day notes for the stock and hike their price targets as the chip company barrels past expectations in data-center sales after a tough year of revenue declines.
4:15 a.m. Feb. 15, 2020
- By Ciara Linnane
Canopy’s stock roars higher after better-than-expected earnings, sparks broad rally in cannabis sector Report is a ‘beacon of hope’ for the beaten-down sector, says MKM analyst Bill KirkCanopy Growth stock roared higher Friday and sparked a broad rally among cannabis stocks, after a better-than-expected earnings report bolstered sentiment on the beaten-down sector.
3:56 a.m. Feb. 15, 2020
- By Tonya Garcia
Walmart earnings preview: A short holiday season likely put the squeeze on results Walmart stock has slipped 3% over the last three monthsWalmart is scheduled to report fourth-quarter earnings on Tuesday after a holiday season that had six fewer shopping days.
4:51 p.m. Feb. 14, 2020
Equifax Helped Inflate a Big-Data Bubble. Now It's Bursting.
Chinese hackers may have a voracious appetite for American data, but so do the huge corporations that collect it in the first place. That's life under unfettered digital capitalism.
3:00 p.m. Feb. 14, 2020
A Cautious Yes on Shopify Shares
Also, Wall Street analysts’ views on Quotient Technology, Pfizer, CN Railway, and Lithia Motors.
2:21 p.m. Feb. 14, 2020
The Dow Gained 1% This Week as Stocks Looked Past the Coronavirus
We’ve heard the market dubbed “ludicrous.” We’ve seen the comparisons to the dot-com bubble. We’ve pointed out that stocks have almost never traded with valuations as high as they are now. That’s still no reason to sell.
11:23 a.m. Feb. 14, 2020
When Dividend Aristocrats Lose Their Status, Their Returns Often Improve
Dismissal from the Dividend Aristocrats club isn’t necessarily a death sentence. The post-Aristocrat performance of some companies is solid, and some resume raising dividends after their membership infraction.
7:01 a.m. Feb. 14, 2020
- By Sunny Oh
Bond funds notch biggest weekly inflows since 2001, BofA reports By BofA’s count, global central banks cumulatively have cut rates 800 times since Lehman’s bankruptcy back in 2008Even as rates continue to fall, investor demand for bonds shows no signs of ending.
6:58 a.m. Feb. 14, 2020
You Can Still Generate Income as Yields Crater. This Is How You Do It.
Dividend-paying energy stocks, income-focused ETFs and closed-end funds, and taxable municipal bonds are among the plays investors can use.
6:18 a.m. Feb. 14, 2020
- Associated Press
Amid coronavirus fears, Chinese restaurant forces hourly temperature checks on employees Many couples in China are celebrating Valentines Day with food deliveries instead of going outMany couples in China are celebrating Valentines Day with food deliveries instead of going out.
4:41 a.m. Feb. 14, 2020
- By Caroline Baum
We’ll need more entrepreneurs if we want to grow at 3% Congress finally has a bipartisan group working on maximizing start-upsThe economic outlook would be even brighter if we had more start-up businesses innovating.
2:08 a.m. Feb. 14, 2020
- By Tonya Garcia
Shopify price targets soar after earnings Shopify stock has gained 202% over the last yearAnalysts are upbeat after Shopify reported earnings that beat estimates.
12:02 a.m. Feb. 14, 2020
- By Kimberly Palmer
Credit cards reward convenience spending, but it could cost you Rewards for ride-shares, meal and grocery delivery are designed to get you to spend more freelyCredit cards are rewarding convenience in more ways, but sometimes those rewards come with a price.
3:13 p.m. Feb. 13, 2020
- By Wallace Witkowski
Nvidia’s server sales spike, stock jumps in late trading Gaming sales come in light, but AI-driven data-center revenue beats Wall Street view by more than $140 million Nvidia Corp. shares rally in the extended session Thursday after the chip maker’s data-center sales and outlook top Wall Street estimates while returning to revenue growth.
10:53 a.m. Feb. 13, 2020
Newspaper Publisher McClatchy Files for Chapter 11 Bankruptcy
McClatchy obtained $50 million in debtor-in-possession financing from Encina Business Credit.
7:15 a.m. Feb. 13, 2020
Tesla Is Selling More Stock, Discloses Subpoena From SEC
Electric vehicle pioneer Tesla filed its annual report Thursday. There is a lot for investors to digest.
5:23 a.m. Feb. 13, 2020
- By Andrea Riquier
Has the ‘Great Moderation’ returned — and is that a good thing? Volatility of GDP growth and core inflation at record lowsOne economist considers how little GDP growth and inflation have been zigzagging in the years since the financial crisis.
5:15 a.m. Feb. 13, 2020
- By Emily Bary
Cisco stock takes a dive after earnings but analyst says ‘there’s nothing wrong here’ Analysts are generally optimistic that Cisco is ‘turning a corner’ on the macro challenges that have pressured recent resultsMeeting expectations wasn’t good enough for Cisco Systems Inc. as the company continued to reference a “pause” in customer spending due to macroeconomic uncertainties.
3:49 a.m. Feb. 13, 2020
- By Sam Bell
Which Judy Shelton will the Fed get? Gold standard advocate or Trump defender? Fed nominee has flip-flopped 180 degrees on monetary policy since Trump’s election; will she flip back?Fed nominee Judy Shelton has long advocated for a global currency backed by gold, which would make the Federal Reserve redundant.
2:40 a.m. Feb. 13, 2020
- By Tomi Kilgore
Here’s why Whiting Petroleum’s stock plummeted toward a record low Shares were halted multiple times for volatility as they suffered biggest selloff in six monthsShares of Whiting Petroleum Corp. plunged in volatile trading toward a record low, after a Debtwire report that the oil-and-gas company had engaged with advisers in an effort to find ways to refinance the large amount of debt coming due over the next year.
1:30 a.m. Feb. 13, 2020
Intercontinental Exchange’s Busted Bid for eBay Is an Opening for Investors
CEO Jeff Sprecher is a visionary—but his latest move was rebuffed by the market, which isn’t as farseeing as he is. How to play the disconnect with options.
9:31 a.m. Feb. 12, 2020
GameStop Stock Can Quintuple Within Two Years: Portfolio Manager
The bears are correct: GameStop’s legacy business will dwindle as digital delivery of video games increases. But there are other ways the company can thrive.
8:38 a.m. Feb. 12, 2020
How a Small-Cap Fund Finds Exceptional Growth Overseas
The Brown Capital Management International Small Company fund has outperformed peers and its benchmark over the past three years. Its secret is focusing on a company’s revenue growth to identify winning stocks.
8:34 a.m. Feb. 12, 2020
Jeremy Grantham’s Latest Warning for Investors
An interview with GMO founder Jeremy Grantham.
7:53 a.m. Feb. 12, 2020
- By Andrea Riquier
Tesla’s biggest bull stampedes to a $7,000 price target Is Tesla today like Amazon 20 years ago? An investor famed for her call that Tesla shares could be worth as much as $4,000 in the next five years has just upped that target, significantly.
6:49 a.m. Feb. 12, 2020
- By Sunny Oh
How an ‘epic bond bubble’ sent Greece’s 10-year yield below 1% for the first time ever Negative yields across Europe have driven investors into Greek debtIn a demonstration of the insatiable appetite for anything sporting a positive yield, the Greek government’s cost to borrow funds for over a decade fell below 1% for the first time in its history on Wednesday.
4:45 a.m. Feb. 12, 2020
Credit Service for Immigrants Raises More Cash, With a Boost From A-Rod
Launched in 2016, Nova Credit is aiming to build an international credit bureau that will help consumers transport their credit across borders.
3:04 a.m. Feb. 12, 2020
- By Sunny Oh
Traders see outside chance of Fed cutting rates to rock bottom this year Investors say current pricing in fed fund futures points to outside risk of full-blown cutting cycleInvestors who have cast a glance at trading in the fed fund futures market say it could reflect a small chance that the Federal Reserve could embark on a full-blown cutting cycle.