5:06 p.m. Today5:06 p.m. Nov. 12, 2019
- By Meera Jagannathan
These are the most sleep-deprived professions in America The findings are ‘disconcerting,’ the authors wrote, ‘because many of these occupations are related to population health, well-being, and safety services’The findings are ‘disconcerting,’ the authors wrote, ‘because many of these occupations are related to population health, well-being, and safety services.’
4:29 p.m. Today4:29 p.m. Nov. 12, 2019
- By Claudia Assis
Chesapeake stock falls to lowest price in 25 years as ‘going concern’ warning weighs Natural-gas producer may be ‘too big to fail,’ according to one analystGoing-concern warning hits Chesapeake Energy stock, bonds and shares fall to their lowest in a quarter century.
12:38 p.m. Today12:38 p.m. Nov. 12, 2019
- By Max A. Cherney
Tilray sells five times as much pot, thanks to European efforts and hemp acquisition Cannabis company’s losses continue to widen despite revenue growthTilray Inc. sold nearly five times more pot than last year to beat Wall Street expectations in a Thursday quarterly earnings report, but losses widened.
12:21 p.m. Today12:21 p.m. Nov. 12, 2019
- By Mark Hulbert
Why a ‘Santa Claus rally’ for stocks is no more real than Kris Kringle himself Stocks typically rise between Thanksgiving and Christmas, but other months perform betterStocks typically rise between Thanksgiving and Christmas, but other months perform better, writes Mark Hulbert.
12:18 p.m. Today12:18 p.m. Nov. 12, 2019
Tilray Stock Is Down After Marijuana Grower Reports Earnings Loss
Tilray’s $51.1 million in revenue beat estimates of $48.9 million, but the adjusted net loss was $49 million.
12:06 p.m. Today12:06 p.m. Nov. 12, 2019
CBS and Viacom Fall After CBS’s Earnings Miss Expectations
CBS reported GAAP earnings of 85 cents a share, below estimates of 92 cents a share. Revenue of $3.295 billion was just short of Wall Street’s $3.37 billion estimate.
12:03 p.m. Today12:03 p.m. Nov. 12, 2019
- By Wallace Witkowski
SmileDirectClub loss widens for quarter as revenue surges Full-year sales outlook above Wall Street viewSmileDirectClub Inc. reported a wider loss late Tuesday as revenue soared, but third-quarter results were still better than Wall Street expected from the dental products company.
11:27 a.m. Today11:27 a.m. Nov. 12, 2019
Chesapeake Stock Fell to Lowest Price in 25 Years
Natural-gas producer may be ‘too big to fail,’ according to one analyst
11:21 a.m. Today11:21 a.m. Nov. 12, 2019
- By Chris Matthews
Nasdaq ekes out record as investors look past Trump speech Dean Foods files for chapter 11 bankruptcyU.S. stocks mostly ended higher on Tuesday as President Donald Trump suggests a trade deal could happen soon but did not offer much clarity on the possibility of a tariff rollback as part of the agreement.
11:06 a.m. Today11:06 a.m. Nov. 12, 2019
- By Tonya Garcia
Dean Foods files for bankruptcy as oat milk and other alternatives gain popularity Dean Foods also has issues with pensions and its debt load, according to Wells FargoDean Foods is under pressure from its high levels of debt, pensions -- and changing tastes.
11:02 a.m. Today11:02 a.m. Nov. 12, 2019
- Associated Press
Amy Klobuchar says a woman with Pete Buttigieg’s experience wouldn’t qualify for the debates South Bend Mayor Pete Buttigieg has run for statewide office once, when he was the Democratic nominee for Indiana’s treasurer in 2010South Bend Mayor Pete Buttigieg has run for statewide office once, when he was the Democratic nominee for Indiana’s treasurer in 2010.
10:57 a.m. Today10:57 a.m. Nov. 12, 2019
- By Jeffry Bartash
Trump’s agenda may be a double-edged sword for the U.S. and world economies President’s economic strategy has both helped - and hurt - growth Donald Trump on Tuesday emphasized the successes of his economic agenda in speech in New York, that provided few insights on the status of U.S. - China trade talks, but the president’s approach has proven to be a double-edged sword, some analysts say.
10:36 a.m. Today10:36 a.m. Nov. 12, 2019
- By Tomi Kilgore
Diplomat Pharmacy’s stock plunges toward record low after ‘going concern’ warning Shares fall more than 50% after much greater-than-expected loss and failure to renew participation with large specialty pharmacy networkShares of Diplomat Pharmacy Inc. took a record dive Tuesday after the specialty pharmacy company disclosed a “going concern” warning as the company reported a much wider-than-expected loss for a third straight quarter.
10:20 a.m. Today10:20 a.m. Nov. 12, 2019
- By Philip van Doorn
This holiday gift could earn your child $52,927 How a small investment now can make your children’s lives much easier when they’re olderHow a small investment now can make your children’s lives much easier when they’re older.
10:14 a.m. Today10:14 a.m. Nov. 12, 2019
- By Myra P. Saefong
Oil tallies back-to-back declines, finding little guidance on U.S.-China trade developments Market awaits holiday-delayed weekly EIA U.S. supply data Thursday Oil futures end slightly lower Tuesday to post back-to-back declines, as a speech by President Donald Trump failed to offer any market-moving insights related to progress on trade talks between China and the U.S., a driver of economic growth and demand for crude.
10:10 a.m. Today10:10 a.m. Nov. 12, 2019
- By Joy Wiltermuth
Investors putting too much faith in mutual funds to return money in a panic, former IMF financial stability analyst says Liquidity shortfalls threaten half of high-yield assets funds: DB Redemptions in mutual funds that contain harder-to-sell assets could come at a steep price for investors in the next market panic, warns former IMF staffer Laura Kodres
9:42 a.m. Today9:42 a.m. Nov. 12, 2019
- By Tonya Garcia
Albertsons to phase out Plated subscription service, Blue Apron shares fallAlbertsons Companies said Tuesday that it plans to phase out the Plated subscription meal service at the end of November. In its place, Albertsons will beef up its in-house culinary brand Own Brands, which will manage the expansion of the Plated brand into a home meal solution. The company will expand the Plated brand with new products in 2020. Albertsons tested meal-kit performance in its Northern California Safeway stores and found that those who purchased Plated products were more likely to have families and purchase larger baskets. Kroger Co. announced at its that it would also be expanding its Home Chef meal-kit brand, which it acquired in 2018. Blue Apron Holdings Inc. stock was down 4.2% in Tuesday trading after the latest news from Albertsons. Blue Apron reported and a revenue miss in its most recent earnings announcement. Blue Apron stock has lost 61.6% of its value over the past year while the S&P 500 index is up 13.4% for the period.
9:41 a.m. Today9:41 a.m. Nov. 12, 2019
- By Jaimy Lee
Amarin shares rise 21% ahead of FDA committee meeting for its only drug The drugmaker is seeking an expanded indication for Vascepa, its prescription fish oil-derived medication.Shares of Amarin Corp. jumped 21% on the likelihood that a U.S. Food and Drug Administration advisory committee will recommend that the regulator grant a broader indication for the company’s prescription fish oil-derived pill.
9:20 a.m. Today9:20 a.m. Nov. 12, 2019
AMD Is Officially the Market’s Hottest Stock. Here’s Why.
Advanced Micro Devices currently has the best year-to-date performance out of all S&P 500 stocks.
9:17 a.m. Today9:17 a.m. Nov. 12, 2019
Majority of Wealthy Investors Expect Big 2020 Market Drop
Fifty-five percent of wealthy investors around the globe expect a ‘significant drop’ in the markets by the end of next year, according to a UBS survey.
9:11 a.m. Today9:11 a.m. Nov. 12, 2019
Tyson Misses on Earnings, but the Stock Is Gaining Anyway
Tyson Foods shares were flying on Tuesday, despite the company reporting earnings that mostly missed estimates.
8:14 a.m. Today8:14 a.m. Nov. 12, 2019
- By Jon Swartz
Cisco earnings: results from the network-gear maker may refresh fears of a tech-spending slowdown Cisco’s first-quarter results could go a long way toward gauging IT demand among corporate customersA disappointing forecast in August, hinting at weakness in China and corporate tech-spending, pushed Cisco Systems Inc. shares down. The question when Cisco reports its performance against that forecast this week is whether the trend will continue.
7:44 a.m. Today7:44 a.m. Nov. 12, 2019
- By Wallace Witkowski
Nvidia earnings: When will a new product arrive for the data center? Analysts are looking for something new as data-center sales head for third straight quarter of year-over-year declines, but expectations slip to 2020Nvidia Corp. needs to show signs that its data-center business is improving after two quarters of declines as industry watchers are looking for hints of new products in that arena.
7:44 a.m. Today7:44 a.m. Nov. 12, 2019
Where's the Euphoria amid the Bull Run?Joseph Amato, president of Neuberger Berman, explains why U.S. markets are at an "inflection point of growth," and how this moment impacts overall sentiment
6:48 a.m. Today6:48 a.m. Nov. 12, 2019
- By Sunny Oh
Here’s why inflation no longer drives the bond-market U.S. consumer price index due on WednesdayDon’t expect the inflation bugaboo to scare away the bond-market bulls, say some market participants
6:38 a.m. Today6:38 a.m. Nov. 12, 2019
- By Andrea Riquier
Hedge funds still can’t catch broader market returns The top hedge fund strategy in the year to date has only returned about half what the S&P 500 index hasPerformance by hedge funds was a bit better in September but investors still would have done much better in a fund that tracks the broad stock market.
6:37 a.m. Today6:37 a.m. Nov. 12, 2019
Buy Big Biotech — But Not Gilead, Analyst Says
SunTrust initiated most of the big names in biotech with a Buy, but it was less sunny on two of the biggest names in the sector: Gilead Sciences and Regeneron Pharmaceuticals.
4:30 a.m. Today4:30 a.m. Nov. 12, 2019
Teva Pharmaceutical’s Prospects Are Improving, Analyst Says. He’s Downbeat on a Rival.
J.P. Morgan analyst Chris Schott upgraded the stock to Neutral from Underweight, but downgraded Amneal Pharmaceutical to Underweight.
4:17 a.m. Today4:17 a.m. Nov. 12, 2019
- By Steve Goldstein
Vodafone rallies after upgrading guidance to lead FTSE 100 higherMobile phone operator Vodafone Group rose as much as 5% as the company lifted its guidance for the year.
4:07 a.m. Today4:07 a.m. Nov. 12, 2019
Drowning in Choices, but Not All Water Stocks Are Created Equal
Investors focused on climate change and sustainability often want “water plays,” or stocks that benefit from the rising scarcity of water.
4:04 a.m. Today4:04 a.m. Nov. 12, 2019
Cisco Reports Earnings on Wednesday. Here’s What to Expect.
Investors are nervous about the potential for less spending by both cloud-services providers and customers such as telecommunications companies.
3:54 a.m. Today3:54 a.m. Nov. 12, 2019
Rockwell Automation Stock Is Jumping After Its Earnings and Guidance Easily Beat Wall Street Estimates
Rockwell Automation stock has jump nearly 10% after beating earnings forecasts and offering better-than-expected 2020 guidance.
3:50 a.m. Today3:50 a.m. Nov. 12, 2019
- By Tomi Kilgore
CSX's stock drops after Deutsche Bank downgrades, cuts price targetShares of CSX Corp. fell 1.2% in premarket trading Tuesday, after Deutsche Bank analyst Amit Mehrotra downgraded the railroad operator, citing concerns over lower 2020 revenue and margin headwinds resulting from lower coal shipments and pricing. Mehrotra cut his rating to hold from buy, and lowered his price target to $74 from $82. He said of particular concern is exports of metallurgical coal, where prices are down over 30% since the start of the year. "Our top line and cost estimates imply it will be difficult for CSX to expand margins in 2020, reflecting almost superhuman margin performance by management to date (i.e., difficult profit comparisons) and above-mentioned headwinds in coal (most of which we expect to be price-led and drop to the bottom line)," Mehrotra wrote in a note to clients. The stock has rallied 12.3% over the past three months, while the Dow Jones Transportation Average has climbed 9.9% and the Dow Jones Industrial Average has gained 6.9%.
2:53 a.m. Today2:53 a.m. Nov. 12, 2019
Craft Brew Alliance Stock Looks Set to Double on Budweiser Buyout Offer
Beer and cider maker’s stock soared more than 120% in after-hours trading on news that Anheuser-Busch InBev agreed to buy out the Portland-based business.
2:45 a.m. Today2:45 a.m. Nov. 12, 2019
- By Tonya Garcia
Singles Day — the Prime Day, or even Black Friday, of China — is driving billions in sales for Alibaba and JD.com China’s Singles Day ranks among the planet’s biggest annual shopping daysSingles Day sales are climbing into the billions not just for Alibaba but other big e-commerce players in China.
1:53 a.m. Today1:53 a.m. Nov. 12, 2019
- By Jeremy C. Owens
Walmart, weed and a couple of crucial tech earnings are coming your way Earnings Watch: With the quarter nearing the halfway point and nearly 90% of S&P 500 results posted, the earnings recession appears destined to continueThe quarter is about to hit its halfway point, but earnings season is already reaching the final stages.
1:20 a.m. Today1:20 a.m. Nov. 12, 2019
Experian Stock Rises on Strong U.S. Consumer Growth
The world’s largest credit-data company reported a revenue boost, led by strong growth in the U.S.
1:02 a.m. Today1:02 a.m. Nov. 12, 2019
- By Andrew Keshner
Amazon wrongly fired a worker and ‘blacklisted’ him for using medical marijuana, lawsuit alleges Employees and employers are on tricky terrain when it comes to cannabis and the workplaceEmployees and employers are on tricky terrain when it comes to cannabis and the workplace.
12:13 a.m. Today12:13 a.m. Nov. 12, 2019
- By Steve Goldstein
European stocks inch higher before key Trump speech on ChinaEuropean stocks edged higher on Tuesday ahead of a critical speech on China trade relations from President Donald Trump, supported by generally well-received earnings.
12:12 a.m. Today12:12 a.m. Nov. 12, 2019
European Stocks Lean Higher Before Critical Trump Speech on China
European stocks edged higher on Tuesday ahead of a critical speech on China trade relations from President Donald Trump, supported by generally well-received earnings.