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Amtrak Facing Rural Backlash Over Proposal to Cut Long-Distance Routes

  • Amtrak Facing Rural Backlash Over Proposal to Cut Long-Distance Routes Amtrak Facing Rural Backlash Over Proposal to Cut Long-Distance Routes 7:21
    How the U.K.-Iran Tanker Face-Off Impacts Washington Diplomacy How the U.K.-Iran Tanker Face-Off Impacts Washington Diplomacy 2:47
    Why Midwest Flooding Is Particularly Bad in 2019 Why Midwest Flooding Is Particularly Bad in 2019 5:03
    Mueller's Statement on the Report: Reading Between the Lines Mueller's Statement on the Report: Reading Between the Lines 3:40
6:57 a.m. Today - By Emily Bary
Apple stock gets an upgrade as analyst sees ‘compelling’ reason to buy forthcoming iPhone models Raymond James says Apple is likely to offer a lower-priced 5G model in 2020, helping drive upgradesThe coming iPhone cycle may be a non-event, but rising conviction in a strong 2020 lineup has one analyst feeling bullish about Apple Inc.’s prospects.
6:56 a.m. Today - By Emily Bary
Visa earnings: As Facebook seeks to change payments, Visa stays the course Reports from JP Morgan and Wells Fargo suggest healthy spending levelsAs Facebook Inc. swims in criticism over its new efforts in cryptocurrency, the stalwarts of payments continue to thrive. Visa Inc. shares hit a new all-time high last week, and the card company will be looking to show that it remains on the cutting edge of digital payments when it reports earnings next Tuesday afternoon.
6:48 a.m. Today - By Tonya Garcia
Amazon earnings: Top-line growth is in focus for the second half of the year Amazon Prime one-day shipping is expected to drive salesJPMorgan analysts think Amazon’s revenue will grow during the remainder of 2019 after a string of quarters with record profits.
6:35 a.m. Today - By Ciara Linnane
Netflix stock slammed by subscriber miss, but analysts are unfazed A stronger second-half content slate that includes the latest ‘Stranger Things’ expected to get streaming giant back on trackNetflix Inc.’s weaker-than-expected second-quarter subscriber numbers sent its stock sharply lower in premarket trade Thursday, but analysts were unfazed by the miss and said they’re sticking with their full-year forecasts.
6:33 a.m. Today - By Ciara Linnane
Aurora Cannabis weighs on sector after BofA downgrade highlights its cash burn Curaleaf shines on bullish analyst response to GR Cos. deal; Hexo says co-founder is stepping down as chief brand officerAurora Cannabis shares tumble Thursday to pull the overall sector lower, after an analyst at Bank of America Merrill Lynch downgraded the stock on concerns about its rate of spending cash.
6:33 a.m. Today - By Callum Keown
5 stocks set to soar from the U.S. sports betting boomThe U.S. sports betting market is on the cusp of a boom.
6:32 a.m. Today - By Ciara Linnane
This analyst says bullish Netflix sell siders are trafficking in ‘bullshit’Michael Nathanson of MoffettNathanson offered an interesting view in a note on Netflix Inc.’s disappointing second-quarter earnings release.
6:31 a.m. Today - By Claudia Assis
Boeing stock rallies after aircraft maker puts a price tag on 737 Max debacle Boeing says it expects a return to service by Q4Boeing Co. stock rises to its highest level in nearly a month on Friday after Wall Street breathed a collective sigh of relief after the aircraft maker put a relatively paltry price on its 737 Max debacle.
6:31 a.m. Today - By Claudia Assis
At Tesla, another quarterly loss is likely, but Wall Street is hoping demand remained intact Investors will be seeking an update on China and on the Model YTesla Inc. is expected to report second-quarter results after the bell Wednesday amid a rally for its battered stock fueled by better-than-expected quarterly sales.
6:30 a.m. Today - By Ciara Linnane
Disney’s live-action ‘Lion King’ expected to feel the box-office love this weekend Film is expected to be another winner for Disney, which has captured about 35% of year-to-date market share, and heat wave may boost attendance“The Lion King,” Disney’s live-action version of the animated film from 1994 and long-running Broadway smash hit, will roar into theaters this weekend and expectations are high.
4:20 a.m. Today - By Brett Arends
Baby boomers commit the ‘7 deadly sins’ of retirement planning New survey shows why millions are unpreparedNew survey shows why millions are unprepared.
3:58 a.m. Today - By Philip van Doorn
Big banks’ earnings reports point to near-term pain and long-term opportunity Valuations are low as investors worry about declining interest ratesValuations are low as investors worry about declining interest rates.
3:31 a.m. Today - By Andrew Keshner
Netflix CEO Reed Hastings may have missed the real reason why U.S. subscriber numbers plunged Consumers turn to a trusted source when they don’t know what to watch on their streaming serviceConsumers turn to a trusted source when they don’t now what to watch on their streaming service.
3:29 a.m. Today - By Quentin Fottrell
I have driven 2 hours to visit my elderly parents twice a week for 10 years — shouldn’t I receive compensation? ‘I’ve spent the equivalent of three years of 40-hour work weeks visiting our parents, running errands and commuting’‘I’ve spent the equivalent of three years of 40-hour work weeks visiting our parents, running errands and commuting.’
7:09 p.m. July 19, 2019 - Barrons.com
Stock Market Gauges Barely Budge as Fed Decision Looms But there’s plenty of action in individual names as earnings-reporting season ramps up.
1:38 p.m. July 19, 2019 - By Claudia Assis
Boeing earnings: Expect more on 737 Max fallout Boeing puts a price on 737 issues, but problems persistBoeing Co. is expected to report second-quarter earnings before the bell Wednesday as the aircraft maker’s stock continues to show resilience against the 737 Max problems.
12:50 p.m. July 19, 2019 - Barrons.com
The Dow Slipped 69 Points Because the Big Rate Cut Could Be a Washout All three major indexes slipped into the red by the end Friday’s session, weighted down by speculation that the Federal Reserve will cut rates by 25 basis points rather than the 50 basis points investors had expected.
Rosengren says decline in U.S.10-year yield due to weakness of trading partners
12:50 p.m. July 19, 2019
Rosengren says decline in U.S.10-year yield due to weakness of trading partners
Fed's Rosengren says economy right now doesn't look like it needs interest-rate cut
12:50 p.m. July 19, 2019
Rosengren says Q2 GDP, due next Friday, may change his policy view
12:50 p.m. July 19, 2019
12:22 p.m. July 19, 2019 - By Clive McKeef
Stocks close lower as Fed seen signaling only modest rate cut, Iran seizes tankers Microsoft shares rally after earnings beatU.S. stocks closed lower Friday following a report that Federal Reserve officials would only cut interest rates by a quarter percentage point in late July, and after Iran said it seized a British-flagged oil tanker in the Strait of Hormuz.
12:18 p.m. July 19, 2019 - By Tonya Garcia
Walmart reorganizes leadership team to following Jet.com integrationWalmart Inc. is reorganizing some of its leadership team in the wake of the decision to . In the memo sent to associates, which was also sent to MarketWatch, Greg Smith has been named to head the combined supply chain team, which will bring together supply chain heads for grocery, e-commerce, fleet operations, and other business functions. Nate Faust, who had been leading the e-commerce fulfillment process, will help with this transition and then move to another post within the company, which will be discussed at a later time. Michael Dastugue has been named Walmart U.S. chief financial officer and Steve Schmitt, who is currently the CFO for Sam's Club, has been named U.S. e-commerce CFO. Brandi Joplin, currently chief audit executive, will take on the role of Sam's Club CFO and Todd Sears, currently assistant controller, will become chief audit executive. Ashley Buchanan has been named U.S. e-commerce chief merchandising officer. And Jeff Shotts, who is currently the e-commerce CFO, will now lead the U.S. marketplace business, reporting to Marc Lore. There are now openings for chief experience and strategy officer, chief product officer, and leader of the customer care team. Walmart stock has rallied more than 23% for the year to date while the Dow Jones Industrial Average is up 17% for the period. Read:
12:08 p.m. July 19, 2019 - By Mark DeCambre
Stocks skid lower to end worst week since May amid disappointment on Fed rate-cut plansU.S. stocks finished firmly lower Friday, capping the worst week for equities since the end of May, as doubts about the magnitude of an expected rate cut by the Federal Reserve softened the buying mood on Wall Street. The Dow Jones Industrial Average closed down 0.3% at 27,154, off 69 points, the S&P 500 index retreated 0.6% at 2,977, while the Nasdaq Composite Index pulled back 0.7% to end at 8,146. For the week, the Dow booked a 0.7% decline, the S&P 500 finished with a weekly slide of 1.2%, while the Nasdaq logged a 1.2% drop over the five-session period. For all three stock gauges it was the steepest weekly decline since the period ended May 31, according to FactSet data. Reports of Iran seizing oil tankers in the Strait of Hormuz added to uncertainty on the day and Federal Reserve officials attempted moderate comments made by NY Fed boss John Williams, whose comments investors appeared to interpret as implying a 50-basis-point rate cut at the end of this month.
Dow Jones Industrial Average loses around 65 points
12:00 p.m. July 19, 2019
S&P 500 down 0.6%; Nasdaq sheds 0.7%
12:00 p.m. July 19, 2019
For the week, Dow loses 0.6%, while S&P and Nasdaq both down 1.2%,
12:00 p.m. July 19, 2019
For the week, Dow loses 0.6%, while S&P and Nasdaq both down 1.2%,
Stocks end lower as expectations for half-point rate cut wanes
12:00 p.m. July 19, 2019
11:47 a.m. July 19, 2019 - By Andrea Riquier
Hedge-fund assets hit a new record high in the first half Hedge funds could continue to benefit if the investing landscape remains puzzling, this industry group thinksHedge funds benefited from new investor money and stronger performance.
Trump: Mnuchin spoke with his Chinese counterpart
11:44 a.m. July 19, 2019
Trump: Mnuchin spoke with his Chinese counterpart
11:26 a.m. July 19, 2019 - Barrons.com
WeWork’s Neumann Sells Part Of Stake Adam Neumann has sold some of his WeWork stake and borrowed against some of his holdings, investing the proceeds in real estate and startups.
11:22 a.m. July 19, 2019 - Barrons.com
Dow Hits Day’s Lows as Hopes Fade for a 50-Basis-Point Cut The Dow Jones Industrial Average fell to the day’s lows after 2:30 p.m. following news that the Federal Reserve is likely to cut interest rates by 25 basis points, rather than the 50 basis points that many investors had been seeking.
11:07 a.m. July 19, 2019 - By Tomi Kilgore
American Express stock leads Dow losers after 2019 outlook disappoints bulls Maintaining profit outlook after a beat isn’t enough for the stock to resume its surge to record highsShares of American Express Co. slumped Friday, after a positive earnings report and confirmation of its full-year outlook wasn’t quite good enough for the recent rally to record highs to resume.
10:48 a.m. July 19, 2019 - By Chris Matthews
S&P 500 turns negative after report indicates a 25 basis point cut at July Fed meetingU.S. stocks traded lower after The Wall Street Journal published a report saying "Fed officials signal quarter-point rate cut likely at July meeting." The S&P 500 lost 7 points, or 0.2%, to 2,988 after rising as many as 9.49 points at session highs, the Dow Jones Industrial Average rose 19 points, or 0.1%, to 27,242, though it traded more than 100 points higher earlier Friday afternoon. The Nasdaq Composite index lost 26 points, or 0.3% to 8,181. The report said Fed officials "aren't prepared for bolder action by making a half-point cut, as analysts and traders have speculated in recent days," citing public remarks and interviews.
10:24 a.m. July 19, 2019 - By Mark Hulbert
How to know if your bond fund is worth the money Beating the market often has little to do with a manager’s skillBeating the market often has little to do with a bond fund manager’s skill, writes Mark Hulbert.
10:08 a.m. July 19, 2019 - Barrons.com
Coca-Cola, Pool, and Other Stocks That Help in a Heat Wave The eastern U.S. is descending into a heat wave. Here are some stocks that benefit from the hot weather.
10:01 a.m. July 19, 2019 - By Myra P. Saefong
Gold loses steam after tapping fresh 6-year highs Silver futures mark sharpest weekly gain in 3 yearsGold futures lose steam on Friday, finishing lower for the session as the dollar looks ready to end higher for the week. The decline for the yellow metal, however, came on the heels of its first intraday climb above $1,450 an ounce in six years.
8:42 a.m. July 19, 2019 - By Quentin Fottrell
I’m worth $1.8 million — and want my girlfriend to waive her community-property rights before we marry ‘How do I explain to someone that I care about the money that I’ve sweated so hard over for almost two decades?’‘How do I explain to someone that I care about the money that I’ve sweated so hard over for almost two decades?’
8:42 a.m. July 19, 2019 - By Quentin Fottrell
My husband is leaving his personal savings ...to his mother! What should I do? ‘I’m so frustrated that we don’t have a will that I’m almost ready to write my own without him’‘I’m so frustrated that we don’t have a will that I’m almost ready to write my own without him.’
8:41 a.m. July 19, 2019 - Barrons.com
The Dow Is Up 45 Points Because the Next Fed Meeting Is Getting Closer The Dow Jones Industrial Average Rose modestly Friday, thanks to dovish comments from the head of the New York Federal Reserve.
8:13 a.m. July 19, 2019 - By Tomi Kilgore
MSG Networks stock sinks after J.P. Morgan cuts rating and target to a Street lowShares of MSG Networks Inc. sank 3.6% toward a 13-month low in midday trading Friday, after J.P. Morgan analyst Alexia Quadrani downgraded the sports entertainment network operator on the expectation that affiliate revenue growth will decelerate as industry trends worsen. Quadrani cut her rating to underweight, after being at neutral since at least November 2016, and lowered her stock price target to $19 from $23. That makes Quadrani the most bearish of the 10 analysts surveyed by FactSet that cover MSGN. Quadrani said the growth in virtual multichannel television programming distributors (MVPDs) is accelerating the trend in cord cutting, which is an "ongoing challenge" for MSGN. She said its carriage agreement with one of its largest affiliates, Altice, expires at the end of the year, could remain an overhang for the stock on concerns the MVPD will seek lower carriage minimums. "We view the risk/reward for shares through year-end as skewed to the downside given worsening trends for legacy video subscribers, which could lead to lower consensus estimates and further multiple contraction," Quadrani wrote in a note to clients. The stock, on track for the lowest close since June 2018, has tumbled 17.4% year to date while the Dow Jones Industrial Average has gained 17.0%.
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