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US: NEW YORK: STOCK EXCHANGE REPORT
 
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Natural Sound The Dow Jones industrial average closed above 5,000 for the first time Tuesday, a pre-Thanksgiving boost that reflects the vitality of the U.S. stock market. The index of stocks in America's corporate giants has risen by more than 30 percent this year, a remarkable advance. Tuesday's rise of 40.46 points put the best-known barometer of Wall Street at 5,023.55. The Dow average, compiled from the prices of 30 stocks, is a small portion of the thousands of equities that trade every day on the New York and American stock exchanges and through the NASDAQ system. But since it first appeared in 1884, it has been designed to include a representative cross-section of the market. On Monday, the Dow touched 5,000 a few times but closed below the mark. Also setting records Tuesday were the Standard and Poor's 500 stock index, which gained 3.39 to 600.24 and the New York Stock Exchange composite index, which rose 1.31 to 320.23. Investor confidence has been buoyed by a combination of moderate economic growth, low interest rates and little inflation that has helped boost the profits of U.S. corporations. Technology companies, such as makers of computers, software and semiconductor chips, have been particularly strong performers. During the past few days, however, technology investors have been selling shares in the belief that the industry's rapid growth has peaked. You can license this story through AP Archive: http://www.aparchive.com/metadata/youtube/8ed33bf8e1c6a916d8e74d333403e440 Find out more about AP Archive: http://www.aparchive.com/HowWeWork
Views: 34 AP Archive
Tense trading at NY Stock Exchange
 
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Trading was volatile on Friday on the New York Stock Exchange, as a better-than-expected US jobs report and hints of progress in Europe's debt crisis gave some relief after a steep sell-off a day earlier sent global markets in a nose dive. Views of traders and trading on the floor of the New York Stock Exchange.Duration: 01:11
Views: 53463 AFP news agency
Dow Jones Industrial Average closes down 724 points | ABC News
 
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New York Stock Exchange falls the afternoon following president Trump's announced Tariffs against China. SUBSCRIBE to ABC NEWS: https://www.youtube.com/ABCNews/ Watch More on http://abcnews.go.com/ LIKE ABC News on FACEBOOK https://www.facebook.com/abcnews FOLLOW ABC News on TWITTER: https://twitter.com/abc GOOD MORNING AMERICA'S HOMEPAGE: https://gma.yahoo.com/
Views: 12702 ABC News
LIVE - Floor of the NYSE! Oct. 12, 2018 Financial News - Business News - Stock News - Market News
 
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Financial News - Business News - Stock News - Market News - Stock Exchange CLICK HERE➡ ➡ http://FinancialBuzz.com Business News - Financial News - Stock News -- New York Stock Exchange -- Market News 2018 Business News - Financial News - Stock Exchange -- Wall Street -- Market News - New York Stock Exchange 2018 On Monday there wasn’t much economic news and the U.S. bond market was closed due to the Columbus Day holiday. Markets were mixed as investors remained concerned over rising interest rates, a strong dollar, and rising wages. China lowered reserve requirements for its banks, causing the yuan to drop as the country tries to increase growth in the face of trade uncertainty. On Tuesday, the NFIB Small Business Optimism Index for September fell .9 points to 107.9, retreating slightly from August’s record high. The IMF reduced its global growth projections, partly due to trade tensions between the U.S. and China. Markets gyrated between loss and gain to close mostly mixed. On Wednesday the producer price index for September rose .2% compared to the previous month’s .1% decline. Year-over-year the PPI gained 2.6%. Fears of rising interest rates dragging down corporate earnings sparked an intense selloff, particularly in the tech sector. The Dow Industrials fell 3.2% or 832 points, while the Nasdaq Composite lost 4% and the S&P 500 lost 3.3%. On Thursday the consumer price index for September increased .1% on top of the prior month’s .2% gain, and jobless claims for the week ending October 6th increased 7,000 to 214,000. The EIA petroleum status report for the week ending October 5th saw crude oil inventory increase 6 million barrels. The selloff continued with the Dow Industrials closing down 545 points, the Nasdaq Composite losing 1.3%, and the S&P 500 losing 2.1%. Ten year Treasuries fell 2 basis points to 3.15%, West Texas Intermediate crude fell 3.2% to $70.87 a barrel and gold rose 2.4% to $1,223 an ounce. On Friday import prices for September rose .5% compared to the prior month’s .4% decline and export prices remained unchanged compared to the prior month’s .2% drop. Markets opened strongly higher as tech stocks recovered sharply. Now let’s take a look at some stocks. Sears Holdings Corporation (NASDAQ: SHLD) announced on Tuesday that Alan J. Carr, Managing Member and CEO of Drivetrain, LLC, has joined the Board of Directors. Carr is an investor and advisor leading complex financial restructurings. Shares of Sears reached an all-time low of $0.34 on Thursday. Fastenal Company (NASDAQ: FAST) on Wednesday announced its financial results for its third quarter. Net sales increased $147 million, or 13.0%, year-over-year and operating income improved by 14.8% year-over-year. Fastenal shares reached a low of $50.73 on Thursday. Snap Inc. (NYSE: SNAP) announced on Wednesday, plans to produce its own new original content called Snap Originals. Investors continue to fear Snap’s slowing user growth and revenue. Snap reached an all-time low of $6.46 a share on Thursday. Square, Inc. (NYSE: SQ) announced on Wednesday that Sarah Friar will step down as Chief Financial Officer in order to accept an offer to become Chief Executive Officer of Nextdoor. Square reached a low of $65.00 per share post announcement. Delta Air Lines (NYSE: DAL) reported on Thursday morning its third quarter financial results with adjusted operating revenue of $11.8 billion up $912 million, or 8%, year-over-year. Total adjusted operating expenses increased $1 billion versus a year-ago, with more than half of the increase driven by higher fuel prices. Shares of Delta Airlines rose, reaching a high of $52.60 on Thursday post announcement. © 2011 Financial Buzz. All rights reserved. No portion of FinancialBuzz.com may be duplicated, redistributed or manipulated in any form without our consent, violators will be prosecuted to the full extent of the law.
Views: 17616 FinancialBuzzMedia
How the New York Stock Exchange Works: Brokers and Bidders - Making Money (1958)
 
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The exchange was closed shortly after the beginning of World War I (July 31, 1914), but it partially re-opened on November 28 of that year in order to help the war effort by trading bonds, and completely reopened for stock trading in mid-December. More on stocks: https://www.amazon.com/gp/search?ie=UTF8&tag=tra0c7-20&linkCode=ur2&linkId=76d788a3703b8fff187a2f806c15b98b&camp=1789&creative=9325&index=books&keywords=stocks On September 16, 1920, a bomb exploded on Wall Street outside the NYSE building, killing 33 people and injuring more than 400. The perpetrators were never found. The NYSE building and some buildings nearby, such as the JP Morgan building, still have marks on their façades caused by the bombing. The Black Thursday crash of the Exchange on October 24, 1929, and the sell-off panic which started on Black Tuesday, October 29, are often blamed for precipitating the Great Depression. In an effort to try to restore investor confidence, the Exchange unveiled a fifteen-point program aimed to upgrade protection for the investing public on October 31, 1938. On October 1, 1934, the exchange was registered as a national securities exchange with the U.S. Securities and Exchange Commission, with a president and a thirty-three member board. On February 18, 1971 the non-profit corporation was formed, and the number of board members was reduced to twenty-five. One of Abbie Hoffman's well-known publicity stunts took place in 1967, when he led members of the Yippie movement to the Exchange's gallery. The provocateurs hurled fistfuls of real dollars mixed with fake dollars toward the trading floor below. Some traders booed, and some collected the apparent bounty. The press was quick to respond and, by evening, the event had been reported around the world.[citation needed] (The stock exchange later spent $20,000 to enclose the gallery with bulletproof glass.) Hoffman wrote a decade later, "We didn't call the press; at that time we really had no notion of anything called a media event". On October 19, 1987, the Dow Jones Industrial Average (DJIA) dropped 508 points, a 22.6% loss in a single day, the second-biggest one-day drop the exchange had experienced, prompting officials at the exchange to invoke for the first time the "circuit breaker" rule to halt all trading. This was a very controversial move and led to a quick change in the rule; trading now halts for an hour, two hours, or the rest of the day when the DJIA drops 10, 20, or 30 percent, respectively. The rationale behind the trading halt was to give investors a chance to cool off and reevaluate their positions. Black Monday was followed by Terrible Tuesday, a day in which the Exchange's systems did not perform well and some people had difficulty completing their trades. Subsequently, there was another major drop for the Dow on October 13, 1989; the Mini-Crash of 1989. The crash was apparently caused by a reaction to a news story of a $6.75 billion leveraged buyout deal for UAL Corporation, the parent company of United Airlines, which broke down. When the UAL deal fell through, it helped trigger the collapse of the junk bond market causing the Dow to fall 190.58 points, or 6.91 percent. Similarly, there was a panic in the financial world during the year of 1997; the Asian Financial Crisis. Like the fall of many foreign markets, the Dow suffered a 7.18% drop in value (554.26 points) on October 27, 1997, in what later became known as the 1997 Mini-Crash but from which the DJIA recovered quickly. On January 26, 2000, an altercation during filming of the music video for "Sleep Now in the Fire", which was directed by Michael Moore, caused the doors of the exchange to be closed and the band Rage Against the Machine to be escorted from the site by security[17] after band members attempted to gain entry into the exchange.[18] Trading on the exchange floor, however, continued uninterrupted.[19] In the aftermath of the September 11, 2001 terrorist attacks, the NYSE was closed for 4 trading sessions, one of the longest times the NYSE was closed for more than one session; only the third time since March 1933. On May 6, 2010, the Dow Jones Industrial Average posted its largest intraday percentage drop since the October 19, 1987 crash, with a 998 point loss later being called the 2010 Flash Crash (as the drop occurred in minutes before rebounding). The SEC and CFTC published a report on the event, although it did not come to a conclusion as to the cause. The regulators found no evidence that the fall was caused by erroneous ("fat finger") orders.[20] On October 29, 2012, the stock exchange was shut down for 2 days due to Hurricane Sandy.[21] The last time the stock exchange was closed due to weather for a full two days was on March 12 and 13 in 1888. http://en.wikipedia.org/wiki/New_York_Stock_Exchange
Views: 11247 The Film Archives
LIVE - Floor of the NYSE! Jan. 11, 2019 Financial News - Business News - Stock News - Market News
 
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Financial News - Business News - Stock News - Market News - Stock Exchange CLICK HERE➡ ➡ http://FinancialBuzz.com Business News - Financial News - Stock News -- New York Stock Exchange -- Market News 2019 Business News - Financial News - Stock Exchange -- Wall Street -- Market News - New York Stock Exchange 2019 On Monday the ISM non-manufacturing index for December fell 3.1 points to 57.6. Markets were volatile as investors considered trade issues and the U.S. government shutdown. U.S. oil advanced 1.5% to $48.66 a barrel and the energy sector rallied. The Dow Industrials closed 98 points higher, partly on the continued strength of reassurances last week by Federal Reserve Chair Jay Powell that the central bank will remain flexible. On Tuesday the JOLTS job openings report for November fell 243,000 to 6.888 million openings. Officials from both China and the U.S. expressed optimism that a trade agreement can be reached. Bank stocks struggled due to the possibility of reduced rate hikes from the Fed, however, markets overall rose with the Dow Industrials gaining 256 points. On Wednesday the EIA petroleum status report for the week ending January 4th saw crude oil inventory decline 1.7 million barrels. The Federal Reserve released minutes from their previous meeting and it showed some of the members didn’t want to raise interest rates at all due to lack of sufficient inflation pressure. All of them expressed caution for future rate hikes, stating they can “afford to be patient”. A meeting between President Trump and Democratic leadership ended with President Trump tweeting it was a total waste of time. U.S. crude rose 5% to $52.28 a barrel and the Dow Industrials closed 91 points higher. On Thursday jobless claims for the week ending January 5th fell 17,000 to 216,000. Macy’s reported disappointing holiday sales, putting pressure on the retail sector, and American Airlines lowered its revenue growth forecast putting pressure on airlines. Nevertheless, broader markets continued to rally with the Dow Industrials rising for its fifth straight day to close 122 points higher. On Friday the consumer price index for December declined .1%, its first drop in nine months mostly due to lower energy costs. Markets were down at the open over concerns about a slowdown in growth in China as well as the prospect of a prolonged government shutdown. Now let’s take a look at some stocks. Roku Inc. (NASDAQ: ROKU) shares skyrocketed by more than 23% on Monday after releasing preliminary numbers showing streaming hours grew by 68% to 7.3 billion hours and active user accounts were 27 million. Roku’s strong fourth quarter now brings its fiscal 2018 streaming hours up to 24 billion, increasing 61% year over year. The Boeing Company (NYSE: BA) reported delivering a record number of aircraft in 2018. For the fourth quarter, Boeing delivered 238 commercial airplanes, bringing 2018 totals to 806. However, Boeing previously forecast full-year deliveries of 810 to 815 but suppliers have caused shipment delays. Boeing’s stock rose by 3.2% following the announcement. Constellation Brands, Inc. (NYSE: STZ) reported its third quarter results on Wednesday and topped analysts’ estimates. However, shares plunged due to weaker sales in its wine and spirits segment as well as its investment in Canopy Growth backfiring. Constellation earned $2.37 per share on revenue of $1.97 billion. Constellation also said its investment in Canopy will slash 25 cents off its full-year earnings per share outlook. Bed Bath & Beyond Inc. (NASDAQ: BBBY) announced its third quarter results on Wednesday and topped analysts’ earnings estimates, which sent shares soaring by 20%. The company reported earnings per share of 18 cents on revenue of $3.03 billion. Bed Bath & Beyond previously forecast declining profits and earnings, however, the company said it is now ahead and projects its fiscal 2019 earnings per share to remain flat year over year. Macy’s Inc. (NYSE: M) shares crated by 19% on Thursday after the company reported disappointing sales results for the combined months of November and December and cut its 2018 earnings outlook. For the two months, Macy’s reported comparable sales were up 1.1%. Due to the weaker-than-expected holiday sales, Macy’s revised its forecast for fiscal 2018, now expecting net sales to remain flat compared to its previous projection of a 0.3% to 0.7% increase. The retailer forecast diluted earnings per share of $3.95 to $4.00 compared to its previous outlook of $4.10 to $4.30. © 2011 Financial Buzz. All rights reserved. No portion of FinancialBuzz.com may be duplicated, redistributed or manipulated in any form without our consent, violators will be prosecuted to the full extent of the law.
Views: 10112 FinancialBuzzMedia
BUT FIRST: Halliburton reports results on the New York Stock Exchange
 
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Afshin Rattansi on the oil services company forever linked to the Iraq War. LIKE Going Underground http://fb.me/GoingUndergroundRT FOLLOW Going Underground http://twitter.com/Underground_RT FOLLOW Afshin Rattansi http://twitter.com/AfshinRattansi FOLLOW on Instagram http://instagram.com/officialgoingundergroundrt
Views: 181 goingundergroundRT
Cath Turner reports from the NY Stock Exchange
 
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European and US stock markets also dropped sharply, a day after a US Federal Reserve annoucement on interest rates temporarily boosted markets. Al Jazeera's Cath Turner reports from the New York Stock Exchange with Kenny Porcari, a trader on the day's business. At Al Jazeera English, we focus on people and events that affect people's lives. We bring topics to light that often go under-reported, listening to all sides of the story and giving a 'voice to the voiceless.' Reaching more than 270 million households in over 140 countries across the globe, our viewers trust Al Jazeera English to keep them informed, inspired, and entertained. Our impartial, fact-based reporting wins worldwide praise and respect. It is our unique brand of journalism that the world has come to rely on. We are reshaping global media and constantly working to strengthen our reputation as one of the world's most respected news and current affairs channels. Social Media links: Facebook: https://www.facebook.com/aljazeera Instagram: https://instagram.com/aljazeera/?ref=... Twitter: https://twitter.com/ajenglish Website: http://www.aljazeera.com/ google+: https://plus.google.com/+aljazeera/posts
Views: 910 Al Jazeera English
Trading halted on the New York Stock Exchange
 
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Trading has been halted on the New York Stock Exchange. CNN's Alison Kosik reports.
Views: 11048 CNN
Orange Juice Trade :D
 
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Places, Margin Call, Lmao http://www.wisebread.com/explaining-the-climax-scene-of-trading-places
Views: 326604 wKw
New York Stock Exchange: Australian Financial Review Report
 
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2015 | Lelde Smits reporting at the New York Stock Exchange (NYSE) for Fairfax Media Limited's (ASX:FXJ) Australian Financial Review.
Views: 202 Lelde Smits
New York Stock Exchange: Australian Financial Review Report
 
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2015 | Lelde Smits reporting at the New York Stock Exchange (NYSE) for Fairfax Media Limited's (ASX:FXJ) Australian Financial Review.
Views: 16 Lelde Smits
New York Stock Exchange: Australian Financial Review Report
 
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2015 | Lelde Smits reporting at the New York Stock Exchange (NYSE) for Fairfax Media Limited's (ASX:FXJ) Australian Financial Review.
Views: 47 Lelde Smits
New York Stock Exchange: Australian Financial Review Report
 
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2015 | Lelde Smits reporting at the New York Stock Exchange (NYSE) for Fairfax Media Limited's (ASX:FXJ) Australian Financial Review.
Views: 28 Lelde Smits
LIVE - Floor of the NYSE! Dec. 7, 2018 Financial News - Business News - Stock News - Market News
 
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Financial News - Business News - Stock News - Market News - Stock Exchange CLICK HERE➡ ➡ http://FinancialBuzz.com Business News - Financial News - Stock News -- New York Stock Exchange -- Market News 2018 Business News - Financial News - Stock Exchange -- Wall Street -- Market News - New York Stock Exchange 2018 On Monday the PMI manufacturing index for November dropped .4 points to 55.3 but the ISM manufacturing index rose 1.6 points to 59.3. Construction spending for October declined .1 %. At the G20 summit, President Trump and China’s President Xi agreed to a 90 day trade truce and to keep tariffs at the current level, instead of raising them in January. However, for the first time since 2007 the yield on three and five year U.S. Treasury notes inverted. Historically, when short term rates rise to higher levels than longer terms, the risk of a recession is high. Nevertheless, markets rose strongly with the Dow Industrials closing up 287 points. On Tuesday motor vehicle sales for November increased by 100,000 to an annualized rate of 17.4 million units. In a kind of delayed reaction to the prior day’s news of an inverted yield curve, markets tanked with the Dow Industrials losing 799 points, the S&P 500 declining 3.2% and the Nasdaq Composite dropping 3.8%. On Wednesday markets were closed for observance of the death of former president George Bush. On Thursday the ADP employment report for November came in at 179,000 vs 225,000 for the prior month. Jobless claims for the week ending December 1st fell by 4,000 to 231,000 while factory orders for October decreased by 2.1%. Nonfarm productivity for the third quarter rose 2.3% while unit labor costs rose .9%, and the ISM non-manufacturing index for November rose .4 points to 60.7. The EIA petroleum status report for the week ending November 30th saw crude oil inventory decrease 7.3 million barrels. Markets initially fell sharply on news that a top executive of the Chinese telecom equipment maker Huawei was arrested in Canada and faces extradition to the U.S. Later, the Wall Street Journal reported that the Federal Reserve is considering easing up on rate hikes after December and this sparked a rally. The Dow Industrials ended up closing 79 points lower. On Friday non-farm payrolls for November rose 155,000 compared to the prior month’s 237,000 gain and lower than expectations. The unemployment rate remained unchanged at 3.7% and average hourly earnings rose .2%. Markets opened higher on the news, but then turned sharply lower. Now let’s take a look at some stocks. Tesaro, Inc. (NASDAQ: TSRO) shares rallied on Monday after GlaxoSmithKline plc announced it will acquire Tesaro for $5.1 billion. GlaxoSmith desires to strengthen its pharmaceutical business, accelerating the build of its pipeline and commercial capability in oncology. Tesaro shares surged almost 59% on the news. Tribune Media Company (NYSE: TRCO) shares rose on Monday by 9.9% after Nexstar Media Group agreed to acquire Tribune. Nexstar will acquire all outstanding shares of Tribune for $46.50 per share in a cash transaction valued at $6.4 billion. Nexstar will also assume all of Tribune’s outstanding debt. Cronos Group Inc. (NASDAQ: CRON) shares jumped as high as 31% intraday on Monday after the company confirmed reports that it is in talks with Altria about a potential investment. Cronos said that no agreement has been reached and that there is no assurance it will happen. Movado Group, Inc. (NYSE: MOV) shares surged by almost 15% on Tuesday after the company topped its third quarter financial results. For the quarter, Movado reported earnings per share of $1.18 on sales of $208 million. Analysts had forecast earnings per share of $1.12 on sales of $205 million. Lululemon Athletica Inc. (NASDAQ: LULU) reported its third quarter financial results after market close on Thursday, earning 75 cents per share on revenue of $747 million. The company topped analysts’ estimates in both earnings and revenue, however, shares still dropped 4.9% after reporting. © 2011 Financial Buzz. All rights reserved. No portion of FinancialBuzz.com may be duplicated, redistributed or manipulated in any form without our consent, violators will be prosecuted to the full extent of the law.
Views: 19645 FinancialBuzzMedia
LIVE - Floor of the NYSE! Jan. 4, 2019 Financial News - Business News - Stock News - Market News
 
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Financial News - Business News - Stock News - Market News - Stock Exchange CLICK HERE➡ ➡ http://FinancialBuzz.com Business News - Financial News - Stock News -- New York Stock Exchange -- Market News 2019 Business News - Financial News - Stock Exchange -- Wall Street -- Market News - New York Stock Exchange 2019 Monday was the last trading day of 2018 and even though markets posted solid gains for the day, the S&P 500 ended the year down 6.2% and the Dow Industrials ended the year down 5.6%, their biggest annual losses since 2008. West Texas Intermediate crude finished at $45.41 a barrel and the yield on 10-year Treasuries fell slightly to 2.68%. On Tuesday markets were closed for the New Year’s holiday and on Wednesday the PMI manufacturing index for December declined 1.5 points to 53.8, a 15 month low. In addition, China’s Markit PMI manufacturing index showed the Chinese economy contracting for the first time in 19 months. This prompted a market selloff with the Dow Industrials declining almost 400 points, however, by the end of the day markets recovered and closed slightly higher. On Thursday the ADP employment report saw private payroll grow 271,000, much higher than expected and jobless claims for the week ending December 29th rose 10,000 to 231,000. The ISM manufacturing index for December fell 5.2 points to 54.1, its lowest level since 2008. A pessimistic revenue warning issued by Apple the prior evening spooked markets and the Dow Industrials closed 660 points lower while the Nasdaq Composite lost 3%. Ten-year Treasuries fell on the news to yield 2.56%. On Friday nonfarm payrolls for December came in at 312,000, much higher than expectations and the unemployment rate rose .2% to 3.9%. Average hourly earnings rose .4%. In addition Fed Chair Jay Powell also reassured investors by stating the Fed will monitor economic numbers and adjust policy as necessary if the economy slows. Markets soared at the open on the news. Now let’s take a look at some stocks. Tesla, Inc. (NASDAQ: TSLA) shares fell by over 8% on Wednesday morning after the electric automaker reported on Tuesday less than expected Model 3 deliveries in the fourth quarter. Tesla delivered 63,150 Model 3s in the quarter, lower than estimates of 64,900. Tesla shares fell below $300 on Thursday. Apple Inc. (NASDAQ: AAPL) shares plummeted on Wednesday during after-hours when Chief Executive Officer Tim Cook slashed the Company’s first quarter revenue guidance. Trading was halted briefly after shares fell as much as 9%. Cook said in the letter to investors that Apple now expects revenue of approximately $84 billion compared to its previous guidance of $89-93 billion. Cook also said the lowered revenue expectations are primarily due to economic weakness in greater China. Celgene Corporation (NASDAQ: CELG) shares skyrocketed 26% on Thursday after Bristol-Myers Squibb Company announced that it will acquire the biotechnology company in a transaction valued at approximately $74 billion. Bristol-Myers is expected to own approximately 69% of Celgene, while Celgene maintains the remaining 31%. Delta Air Lines, Inc. (NYSE: DAL) shares slipped by 10% on Thursday after the Company forecast slightly lower revenue growth in its December update. The airline projects total unit revenue to rise about 3%, compared to its previous forecast of 3.5%, while total revenue is expected to increase by approximately 7% year over year. General Motors Company (NYSE: GM) shares fell by 3.2% on Thursday after the automaker reported its 2018 vehicle delivery results. The company reported that fourth-quarter sales fell by 2.7%, with declines across its Chevrolet, Cadillac and Buick brands. As for the full year, General Motors reported total vehicle deliveries of 2.95 million, which fell by 1.6% year over year. The weaker than expected deliveries was driven by declines among the Company’s popular models. © 2011 Financial Buzz. All rights reserved. No portion of FinancialBuzz.com may be duplicated, redistributed or manipulated in any form without our consent, violators will be prosecuted to the full extent of the law.
Views: 8106 FinancialBuzzMedia
New York Stock Exchange: Australian Financial Review Report
 
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2015 | Lelde Smits reporting at the New York Stock Exchange (NYSE) for Fairfax Media Limited's (ASX:FXJ) Australian Financial Review.
Views: 50 Lelde Smits
New York Stock Exchange: Australian Financial Review Report
 
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2015 Lelde Smits reporting at the New York Stock Exchange for Australian Financial Review.
Views: 25 Lelde Smits
CannTrust™ Reports Record Revenue for Q3 2018 - Taking Steps to List on the New York Stock Exchange
 
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CannTrust™ Reports Record Revenue for Q3 2018 - Taking Steps to List on the New York Stock Exchange - RICH TV LIVE - NOVEMEBR 15, 2018 - CannTrust Holdings Inc. ("CannTrust" or the "Company" | TSX: TRST), a licensed producer of medical and recreational cannabis under the Cannabis Act and its regulations, today announced financial and operating results for the three and nine months ending September 30, 2018. All amounts expressed are in Canadian dollars. CannTrust logo (CNW Group/CannTrust Holdings Inc.) Revenue for the three and nine month periods ended September 30, 2018 was $12,588,727 and $29,478,813 respectively, compared to $6,140,224 and $13,714,847 in the comparable 2017 periods. Net Income for the three and nine month periods ended September 30, 2018 was $421,240 and $11,968,255 respectively, compared to a net income of $655,309 and $632,269 in the comparable 2017 periods. Earnings per share for the three and nine month periods ended September 30, 2018 was $Nil and $0.12 respectively, compared to earnings per share of $0.01 and $0.01 in the comparable 2017 periods. 2018 Third Quarter Highlights Record revenues of $12.6M in Q3 2018, a 105% increase from the comparable prior year period Operations for the quarter resulted in positive EBITDA and positive net income Active patients increased to more than 50,000, a 61% increase from the comparable prior year period Entered into supply agreements with 9 Canadian provinces to supply recreational cannabis across Canada Launched a fourth recreational brand: Peak Leaf Made our first shipment of cannabis oil to Denmark – the only cannabis oil accepted in Denmark Partnered with Australia's Gold Coast University Hospital on a six-month study designed to evaluate the efficacy of CannTrust CBD capsules in slowing the progression of Amyotrophic Lateral Sclerosis (ALS) progression Partnered with McMaster University on medicinal cannabis research for chronic pain and for designing more effective, safer treatment protocols in public health policies Developments subsequent to the Quarter Invested in National Access Cannabis Corp ("NAC"), a Canadian cannabis retailer Entered into an exclusive partnership agreement with Kindred Partners Inc., a wholly-owned Canadian subsidiary of Breakthru Beverage Group, the largest Canadian beverage alcohol broker, to provide sales support for recreational products and to subscribe for 902,405 common shares for gross proceeds of $9.2M Expanded our global reach by entering into a strategic partnership with Australian licensed producer, Cannatrek Ltd ("Cannatrek"), with plans in place for construction of a 1.7 million square-foot greenhouse facility Acquired a 19.4 acre property adjacent to our Niagara Greenhouse Facility which allows us to expand production capacity Strengthened our Management Team and Board of Directors Subscribe - https://www.youtube.com/c/RICHTVLIVE Visit - http://www.richtvlive.com/ a one-stop shop for cryptocurrency, stocks, sports, travel and trending topics. #richtvlive #canntrust #cannabis Join the RICH TV LIVE FREE Social Media Community - Download the Amino app on your phone or computer and follow the link - https://aminoapps.com/c/RICHTVLIVE/home/ Join the Conversation get the RICH TV LIVE app at Google Play - https://play.google.com/store/apps/details?id=com.app.richtvlive iPhone App Store - https://itunes.apple.com/us/app/richtvlive/id1212158240?Is=1&mt=8 Popular Uploads - https://goo.gl/tbvXGg Most Recent Upload - https://goo.gl/unKXBy YouTube Channel Page - https://goo.gl/yUdG7w Subscribe - https://goo.gl/q2tLnn Rich TV Live Playlist - https://goo.gl/e116JF YouTube support Tubebuddy - https://www.tubebuddy.com/RICHTVLIVE Disclaimer Rich TV's company profiles and other investor relations materials, publications or presentations, including web content, are based on data obtained from sources we believe to be reliable but are not guaranteed as to accuracy and are not purported to be complete. As such, the information should not be construed as advice designed to meet the particular investment needs of any investor. Any opinions expressed in Rich TV reports company profiles or other investor relations materials and presentations are subject to change. Rich TV and its affiliates may buy and sell shares of securities or options of the issuers mentioned on this website at any time. Investing is inherently risky. Rich TV is not responsible for any gains or losses that result from the opinions expressed on this website, in its research reports, company profiles or in other investor relations materials or presentations that it publishes electronically or in print. We strongly encourage all investors to conduct their own research before making any investment decision. For more information on stock market investing, visit the Securities and Exchange Commission ("SEC") at www.sec.gov.
Views: 815 RICH TV LIVE
New York Stock Exchange: Australian Financial Review Report
 
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2015 | Lelde Smits reporting at the New York Stock Exchange (NYSE) for Fairfax Media Limited's (ASX:FXJ) Australian Financial Review.
Views: 16 Lelde Smits
LIVE - Floor of the NYSE! Dec. 21, 2018 Financial News - Business News - Stock News - Market News
 
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Financial News - Business News - Stock News - Market News - Stock Exchange CLICK HERE➡ ➡ http://FinancialBuzz.com Business News - Financial News - Stock News -- New York Stock Exchange -- Market News 2018 Business News - Financial News - Stock Exchange -- Wall Street -- Market News - New York Stock Exchange 2018 On Monday the Empire State manufacturing survey for December came in slower than expected at 10.9 and the housing market index for December fell four points to 56. Markets fell sharply as investors looked at this data, plus the anticipated Fed rate hike. The Dow Industrials closed 507 points lower. On Tuesday housing starts for November rose 3.2% to an annualized 1.256 million units. Oil plunged with U.S. crude declining over 7% to $46.24 a barrel, however, the Dow Industrials closed up 82 points. On Wednesday existing home sales for November rose 1.9% to an annualized 5.32 million units and the EIA petroleum status report for the week ending December 14th saw crude oil inventory decline by 500,000 barrels. The Federal Reserve concluded their meeting and raised rates, as expected, by .25 point to a range of 2.25 to 2.5%. However, the Fed also signaled they expect fewer rate hikes in 2019 than initially estimated and they also lowered their 2019 GDP forecast by .2% to 2.3%. In addition, the reduction of the Fed balance sheet though bond sales will continue at the same pace. Markets rose early on anticipation of a more dovish Fed, but when expectations weren’t met, markets sold off with the Dow Industrials finishing 351 points lower. On Thursday jobless claims for the week ending December 15th rose 8,000 to 214,000. Markets continued to drop due to fears of the Fed over-tightening and it also didn’t help when President Trump said he would not sign a temporary funding bill to keep the government open. The Dow Industrials ended the day 464 points lower. On Friday durable goods orders for November increased .8% compared to the prior month’s 4.3% decline, and the final estimate for the third quarter GDP was revised down .1% to 3.4%. Personal Income for November increased .2% and spending increased .4%, while the PCE price index increased .1%. At the open, markets rose sharply after some dovish comments by New York Federal Reserve President John Williams. Now let’s take a look at some stocks. Oracle Corporation (NYSE: ORCL) reported its fiscal second quarter results after market close on Monday with earnings per share of 80 cents on revenue of $9.6 billion. Oracle’s stronger than expected quarter was driven by its Cloud Services and License Support revenue, which increased 3% year over year, offsetting declines in its other segments. The company topped estimates in both earnings and revenue, sending its shares 3% higher at the opening bell on Tuesday. Micron Technology, Inc. (NASDAQ: MU) reported its fiscal first quarter results after market close on Tuesday with earnings per share of $2.97 on revenue of $7.91 billion, missing revenue estimates. Micron is seeing weaker demands for its chip throughout the second half of the year. Shares slipped 4.3% on the news. Tilray, Inc.’s (NASDAQ: TLRY) shares edged higher on Wednesday after the company announced entering into a joint venture with AB InBev to study cannabis-based beverages. The partnership is limited to Canada for now and the two companies will invest $50 million each to study non-alcoholic beverages containing THC and CBD. Tilray shares jumped as much as 19% following the announcement during Wednesday’s after hours. General Mills Inc. (NYSE: GIS) reported its financial results on Wednesday surpassing earnings expectations with earnings per share of 85 cents on revenue of $4.41 billion. The company’s stronger than expected results were driven by its Blue Buffalo Pet Products acquisition. Shares surged 6.7% on the news. GlaxoSmithKline plc (NYSE: GSK) and Pfizer Inc. (NYSE: PFE) announced on Wednesday that the two will combine their consumer healthcare business in a multi-billion dollar merger. Glaxo will maintain a 68% equity interest in the combined business. In the future, Glaxo also intends to create two new UK-based global companies focused on pharmaceuticals, vaccines and consumer healthcare. Glaxo shares were trading 5.1% higher after the announcement. © 2011 Financial Buzz. All rights reserved. No portion of FinancialBuzz.com may be duplicated, redistributed or manipulated in any form without our consent, violators will be prosecuted to the full extent of the law.
Views: 10775 FinancialBuzzMedia
New York Stock Exchange: Australian Financial Review Report
 
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2015 | Lelde Smits reporting at the New York Stock Exchange (NYSE) for Fairfax Media Limited's (ASX:FXJ) Australian Financial Review.
Views: 80 Lelde Smits
LIVE - Floor of the NYSE! Nov. 30, 2018 Financial News - Business News - Stock News - Market News
 
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Financial News - Business News - Stock News - Market News - Stock Exchange CLICK HERE➡ ➡ http://FinancialBuzz.com Business News - Financial News - Stock News -- New York Stock Exchange -- Market News 2018 Business News - Financial News - Stock Exchange -- Wall Street -- Market News - New York Stock Exchange 2018 On Monday markets led by the tech sector rallied strongly on news that online sales hit records for both Thanksgiving day and the day after, also known as Black Friday. The Dow Industrials ended the day up 354 points. On Tuesday the Case-Shiller home price index for September rose .3% and consumer confidence for November declined 2.2 points to 135.7. A White House official mentioned that a lot of communication was happening with the Chinese government in an attempt to resolve trade differences. Markets were volatile all day, but the Dow Industrials ended up 108 points. On Wednesday the second revision for 3rd quarter GDP was unchanged at 3.5%, while the trade deficit for October was higher than expected at $77.2 billion, putting further downward pressure on the 4th quarter GDP. New home sales for October dropped a sharp 8.8% to an annualized 544,000 units and the EIA petroleum status report for the week ending November 23rd saw crude oil inventory rise 3.6 million barrels. Fed Chair Jerome Powell gave a speech mentioning that current rates are just below the neutral range, and markets interpreted that as meaning the Fed might be reconsidering reducing the number of future hikes. Markets soared on optimism with the Dow Industrials finishing 617 points higher and the Nasdaq Composite jumping almost 3%. On Thursday jobless claims for the week ending November 24th increased 10,000 to 234,000. Personal income for October increased .5%, while consumer spending increased .6%, and the PCE price index increased .2%. Markets ended the day down slightly as new concerns emerged that China-U.S. trade differences won’t be resolved at the G20 summit. On Friday markets rose slightly after open as investors waited to see how trade issues with China progressed at G20. Now let’s take a look at some stocks. Salesforce.com, Inc. (NYSE: CRM) reported its third quarter financial results on Tuesday and topped analysts’ estimates, sending shares up 5.4% at the opening bell on Wednesday. Salesforce reported revenue of $3.4 billion, jumping 26% year over year and earnings per share of 61 cents, beating estimates of 50 cents. Nutanix Inc. (NASDAQ: NTNX) shares spiked by 10% on Tuesday after hours after it topped estimates for its fiscal first quarter results. Nutanix reported a loss per share of 25 cents on revenue of $313 million. The company is planning on undergoing a transition to phase out its hardware business and shift towards software-based products with recurring subscription revenue. Tiffany & Co. (NYSE: TIF) reported its financial results on Wednesday sending shares 9.6% lower. Tiffany reported weaker-than-expected earnings due to lower spending from tourists in the U.S. and Hong Kong. For the quarter, Tiffany reported earnings per share of 77 cents on revenue $1.01 billion. Tilly’s, Inc. (NYSE: TLYS) reported its financial results after the closing bell on Wednesday and missed earnings estimates, sending shares plummeting by 20% on Thursday. For the quarter, Tilly’s earned 24 cents per share on revenue of $146.8 million. Comparable store sales rose 4.3%. Abercrombie & Fitch Co. (NYSE: ANF) reported its quarterly results before market open on Thursday and topped analysts’ estimates, sending shares soaring by 20%. The better-than-expected results were delivered as a result of its subsidiaries strengthening in the U.S. and the exposure of its Hollister brand. For the quarter, Abercrombie had earnings per share of 35 cents on revenue of $861 million. © 2011 Financial Buzz. All rights reserved. No portion of FinancialBuzz.com may be duplicated, redistributed or manipulated in any form without our consent, violators will be prosecuted to the full extent of the law.
Views: 11669 FinancialBuzzMedia
LIVE - Floor of the NYSE! Jan. 12, 2018 Financial News - Business News - Stock News - Market News
 
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Financial News - Business News - Stock News - Market News - Stock Exchange CLICK HERE➡ ➡ http://FinancialBuzz.com Business News - Financial News - Stock News -- New York Stock Exchange -- Market News 2018 Business News - Financial News - Stock Exchange -- Wall Street -- Market News - New York Stock Exchange 2018 On Monday, markets closed slightly higher on optimism that corporate earnings would improve significantly due to tax reform, and analysts were waiting for the start of fourth quarter earnings season later in the week. On Tuesday, the JOLTS job openings report for November fell .8% to 5.879 million, and Target gave some cheer to the retail sector when it reported that same store sales growth for the holiday season exceeded expectations. The Dow Industrials, S&P 500 and Nasdaq composite all closed at record highs with the S&P 500 having its best start to a year since 1987. The 10 year Treasury yield reached 2.55% as foreign countries cut purchases of U.S. debt. On Wednesday import prices for December rose .1%, lower than expectations, and export prices declined .1 %. The EIA petroleum status report for the week ending January 5th saw crude oil inventories fall by 4.9 million barrels. Markets got jitters when it was reported that some Chinese officials recommend that the Chinese government reduce or even eliminate its purchases of U.S. sovereign debt. Also of concern was another report that Canadian officials think the U.S. will pull out of the NAFTA trade agreement. Markets ended the day slightly lower. On Thursday, jobless claims for the week ending January 6th rose 11,000 to 261,000 and the producer price index for December declined .1%, compared to the previous month’s .4% gain. Markets rose strongly with all three indexes closing at record highs. On Friday, the consumer price index for December rose .1%, and retail sales for December rose .4%. Markets rose on strong earnings from the financial sector. Now let’s take a look at some stocks. Kohl’s Corporation (NYSE: KSS) reported on Monday, that its total sales for November and December 2017 increased 6.9% over the same period a year ago. The company anticipates its fiscal 2017 diluted earnings per share to be around $4.15, an increase from the previous guidance of about $3.82 per share. Post announcement, Kohl’s Corporation reached a new 52-week high of $61.16 per share on Thursday. Acuity Brands, Inc. (NYSE: AYI) announced Tuesday, fiscal 2018 first quarter net sales of $842 million, a decrease of $8.4 million from a year ago. Adjusted operating profit decreased $9.3 million, or 6.5%, to $133.9 million compared to a year ago. Shares of Acuity Brands fell over 12% on Tuesday. Alder BioPharmaceuticals, Inc. (NASDAQ: ALDR) announced Monday, that its product candidate to prevent migraines, eptinezumab, has reached the primary endpoint in its Phase 3 PROMISE 2 clinical trial with good results. Over 2,600 patients have been treated, including the PROMISE 1 and PROMISE 2 trials. Shares of Alder BioPharmaceuticals reached a high of $18.50 on Tuesday. Delta Air Lines, Inc. (NYSE: DAL) shares jumped about 5% Thursday after reporting financial results for the fourth quarter. Adjusted pre-tax income was $1 billion, despite a $60 million impact from the combination of December's power outage at an Atlanta airport and Winter Storm Benji. For the full year, adjusted pre-tax income was $5.5 billion, a $621 million decrease relative to 2016. Passenger revenue increased $527 million, including $200 million from Delta's Branded Fares initiatives. Eastman Kodak Company’s (NYSE: KODK) shares spiked more than 120% on Tuesday after Kodak and WENN Digital announced the launch of the KODAKOne image rights management platform and KODAKCoin, a photo-centric cryptocurrency. According to the company the KODAKOne platform will create an encrypted, digital ledger of rights ownership for photographers. They can then register both new and archive work that can also be licensed within the platform. Kodak shares continued to rally Wednesday, at which point the stock was up 280%. © 2011 Financial Buzz. All rights reserved. No portion of FinancialBuzz.com may be duplicated, redistributed or manipulated in any form without our consent, violators will be prosecuted to the full extent of the law.
Views: 25977 FinancialBuzzMedia
Wall Street Rebounds On Strong Earnings Reports
 
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According to Business Insider, the winds on Wall Street are changing after weathering a massive sell-off last week. Backed by strong earnings and uplifting economic data, the top three markets on the New York Stock Exchange were trading up. The Dow Jones Industrial Average gained more than 400-points during morning trading on Oct. 16th. The Dow Jones ended yesterday about flat, but the market ended four of the previous five sessions trading lower. The Nasdaq Composite also made up for losses from last week, gaining over 160-points, with the S&P 500 trading up about 44-points. https://www.businessinsider.com/stock-market-news-dow-jumps-more-than-350-points-2018-10 http://www.wochit.com This video was produced by YT Wochit Business using http://wochit.com
Views: 15 Wochit Business
June 3, 2016 Financial News - Business News - Stock Exchange - Market News
 
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June 3, 2016 Financial News - Business News - Stock Exchange - NYSE - Market News CLICK HERE➡ ➡ http://FinancialBuzz.com Business News - Financial News - Stock News -- New York Stock Exchange -- Market News 2016 Business News - Financial News - Stock Exchange -- Wall Street -- Market News - New York Stock Exchange 2016 This was a shortened holiday trading week but also a very busy, data heavy week for the U.S. economy. On Tuesday, the last trading day of May, stocks were mixed, personal spending jumped 1 percent in April, and the biggest increase in more than six years. Personal income rose 0.4 percent but consumer confidence declined in May to 92.6. The Chicago PMI reading for May fell to 49.3, indicating a slight contraction in manufacturing activity in the Midwest region. On Wednesday U.S. stocks recovered losses to close a touch higher. The Fed's Beige Book released Wednesday afternoon said there was modest economic growth since the last report. Fed officials see the job market tightening across most regions of the U.S., pushing up wages for many workers. The ISM's manufacturing index rose to 51.3; auto sales came in at 17.45 million; and April construction spending fell 1.8 percent. On Thursday markets closed little changed. The latest ADP report showed the U.S. economy added 173,000 jobs in May, exactly in-line with expectations. Initial jobless claims fell 1,000 to a 267,000 level which is a five-week low. On Friday a huge miss on the May jobs report, which showed only 38,000 jobs were created in the month, much weaker than expected, but the unemployment rate fell from 5% to 4.7%., but not for good reasons, as more people stopped looking for work and fell out of the workforce. The weak May jobs report may very well take a June rate hike off the table for the Fed. Now let’s take a look at some stocks Joy Global (NYSE: JOY) jumped more than 8.5% after the mining equipment specialist released its fiscal second-quarter financial report. The company surprised investors by posting a modest profit, despite a 26% quarterly revenue decline. The company will cut about $100 million in costs by end of this year. Shares of Michael Kors (NYSE: KORS) were on fire after the retailer beat earnings forecasts and investors reacted enthusiastically to the news. Michael Kors’ revenue climbed 11% to $1.2 billion for the most recent quarter. However, looking ahead, the retailer is projecting a weak outlook for its new fiscal year. Under Armour (NYSE: UA) stock fell 5% after-hours on Tuesday; the downshift is entirely due to the impending bankruptcy of Sports Authority, which is a large wholesale customer of Under Armour, and is in process of liquidation. Under Armour has to take a hefty impairment charge that will pinch profits to at least $50 million this year. The company dialed back its 2016 outlook; revenue growth is now expected to come in at 24% compared to the 26% number that was forecasted in April. Frontline (NYSE: FRO) stock climbed on Tuesday after the company posted its first quarter earnings. The shipping company reported total operating revenue for the quarter was $227 million, while net income jumped 25.8 percent, easily beating Wall Street's estimates of $187.2 million. © 2011 Financial Buzz. All rights reserved. No portion of FinancialBuzz.com may be duplicated, redistributed or manipulated in any form without our consent, violators will be prosecuted to the full extent of the law.
Views: 23337 FinancialBuzzMedia
January 30, 2015 Financial News - Business News - Stock Exchange - NYSE - Market News
 
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January 30, 2015 Financial News - Business News - Stock Exchange - NYSE - Market News CLICK HERE➡ ➡ http://FinancialBuzz.com Business News - Financial News - Stock News -- New York Stock Exchange -- Market News 2015 Business News - Financial News - Stock Exchange -- Wall Street -- Market News - New York Stock Exchange 2015 On Monday, markets didn’t do much, as investors waited for the beginning of earnings season as well as for the upcoming Fed meeting. On Tuesday, volatility began with some weak earnings reports from major companies including Microsoft (NASDAQ: MSFT), Caterpillar (NYSE: CAT), and Proctor & Gamble (NYSE: PG), as well as a durable goods orders report for December that was unexpectedly down 3.4%. Consumer confidence for January came in at 102.9, the best since August of 2007 and new home sales for December surged 11.6%, blowing past analysts’ expectations, but that good news was largely ignored, with the Dow Industrials declining 291 points by the end of the day. On Wednesday, the downward spiral continued with the Dow closing down another 195 points. However, the Federal Reserve concluded its meeting and didn’t make any changes to policy, citing continuing improvement in economic conditions and labor market conditions. Thursday, things improved after jobless claims for the week ending January 24 showed a dramatic drop, down 43,000 to 265,000. Crude oil stabilized and increased slightly, and markets responded with a nice rally, with the Dow Industrials closing up 225 points. On Friday, the fourth quarter GDP was released and it was up 2.6%, lower than economists’ 3.2% estimate. January 30, 2015 Weekly Stock Market Wrap up: Microsoft (NASDAQ: MSFT), Caterpillar (NYSE: CAT) Proctor & Gamble (NYSE: PG) Apple Inc.(NASDAQ: AAPL) Yahoo! Inc. (NYSE: YHOO) Alibaba Group Holding Limited (NYSE: BABA) Facebook, Inc. (NASDAQ: FB) Business News - Financial News - Stock Exchange - New York Stock Exchange -- Wall Street -- Market News 2015 http://www.financialbuzz.com financial news, financial stock news, business news, stock news, financial news today, stock news today 2015, financial news now, stock news now, stock news, business news, financial news, © 2011 Financial Buzz. All rights reserved. No portion of FinancialBuzz.com may be duplicated, redistributed or manipulated in any form without our consent, violators will be prosecuted to the full extent of the law
Views: 14628 FinancialBuzzMedia
LIVE - Floor of the NYSE! July 27, 2018 Financial News - Business News - Stock News - Market News
 
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Financial News - Business News - Stock News - Market News - Stock Exchange CLICK HERE➡ ➡ http://FinancialBuzz.com Business News - Financial News - Stock News -- New York Stock Exchange -- Market News 2018 Business News - Financial News - Stock Exchange -- Wall Street -- Market News - New York Stock Exchange 2018 On Monday existing home sales for June declined .6% to an annualized 5.38 million units. With the more than 17% of S&P 500 companies reporting earnings, 82% of them exceeded analysts’ expectations. The world’s financial heads from G-20 met the past weekend in Argentina, and they noted that the world economy faces increased risks. Banks and tech sectors rallied but the broader market didn’t do much. On Tuesday the PMI composite flash for July declined one-tenth of a point to 55.9. Markets rallied on better than expected earnings reports, with the Dow Industrials finishing up almost 200 points. U.S. crude oil increased .9% to settle at $68.52 a barrel. On Wednesday new home sales for June fell 5.3% to an annualized 631,000 units, lower than analysts’ estimates. The EIA petroleum status report for the week ending July 20th saw crude oil inventory fall 6.1 million barrels, 16.2% below their year-ago levels. President Trump reached an agreement with the European Commission to avoid a trade war. Markets rallied on the news with the Dow Industrials closing up 172 points and the Nasdaq Composite gaining 1.2% to close at a record high. On Thursday durable goods orders for June rose 1% compared to the prior month’s .3% decline and jobless claims for the week ending July 21st rose 9,000 to 217,000. Facebook released financial results the previous evening after market close and disappointed investors with both revenue growth and global daily active users growth slower than expected. During trading Thursday, Facebook shares cratered and dragged down the Nasdaq Composite by 1%. However, the Dow Industrials managed to end 112 points higher on good earnings by non-tech companies. On Friday the first estimate of the second quarter GDP came in at 4.1%, its strongest gain since 2014, helped by increasing consumer spending. Markets opened mixed on disappointing news from tech stocks. Now let’s take a look at some stocks. Grubhub Inc. (NYSE: GRUB) on Wednesday announced financial results for the second quarter posting revenues of $240 million, up 51% year-over-year. Gross food sales grew 39% year-over-year to $1.2 billion. Shares of Grubhub rose to over $137 post announcement. AMD (NASDAQ: AMD) reported its second quarter results on Wednesday, with revenue of $1.76 billion, and net income of $116 million, or $0.11 per share. Revenue was up 53% year-over-year and the increase was driven by higher growth in the Computing, Graphics and Enterprise segment and the Embedded and Semi-Custom segment. Facebook, Inc. (NASDAQ: FB) reported on Wednesday, its second quarter financial results. Daily and monthly active users were 1.47 billion on average for June 2018, an increase of 11% year over year, but lower than expectations. Capital expenditures were $3.46 billion. Facebook shares fell about 20% to under $175 post announcement. Spotify Technology S.A. (NYSE: SPOT) reported on Thursday, its second quarter financial results. The company had 180 million monthly active users and 83 million premium subscribers, up 30% and 40% respectively, year over year. Total Revenue was almost 1.3 billion Euro. Amazon.com, Inc. (NASDAQ: AMZN) announced Thursday afternoon financial results for its second quarter. Operating cash flow increased 22% to $21.8 billion for the trailing twelve months. Net sales increased 39% to $52.9 billion in the second quarter, compared with $38.0 billion a year ago. © 2011 Financial Buzz. All rights reserved. No portion of FinancialBuzz.com may be duplicated, redistributed or manipulated in any form without our consent, violators will be prosecuted to the full extent of the law.
Views: 19396 FinancialBuzzMedia
LIVE - Floor of the NYSE! Mar. 16, 2018 Financial News - Business News - Stock News - Market News
 
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Financial News - Business News - Stock News - Market News - Stock Exchange CLICK HERE➡ ➡ http://FinancialBuzz.com Business News - Financial News - Stock News -- New York Stock Exchange -- Market News 2018 Business News - Financial News - Stock Exchange -- Wall Street -- Market News - New York Stock Exchange 2018 On Monday, there wasn’t much economic data released, however, markets were mixed on nervousness over tariff retaliation, with multinational corporations like Boeing and Caterpillar suffering the most losses. On Tuesday the consumer price index for February rose .2%, compared to the prior month’s .5% gain. President Trump issued an executive order blocking Broadcom’s attempted purchase of Qualcomm on national security grounds. President Trump also announced the firing of Secretary of State Rex Tillerson. Markets fell on the uncertainty. On Wednesday, the producer price index for February rose .2%, compared to the prior month’s .4% gain and retail sales for February were much lower than expectations, declining .1%. Business inventories for January increased .6% and the EIA petroleum status report for the week ending March 9th saw crude oil inventory gain 5 million barrels. Markets fell on a report that said President Trump wants to impose $60 billion worth of tariffs on Chinese goods. On Thursday, jobless claims for the week ending March 10th declined 4,000 to 226,000 and the Empire State Manufacturing survey for March soared to 22.5, much higher than expectations. Import prices for February rose .4% and export prices rose .2%. Trading volume in the S&P 500 was about 17% below average, with many investors waiting for more clarity. Markets closed mixed, U.S. crude closed at $61.21 a barrel and 10-year Treasuries finished the day yielding 2.82%. On Friday housing starts for February fell 7% to an annualized 1.236 million units, much lower than expected, and industrial production for February rose 1.1%. Markets opened up modestly higher on the news. Now let’s take a look at some stocks. DICK'S Sporting Goods, Inc. (NYSE: DKS) on Tuesday reported net sales for the 14-week fourth quarter of 2017 that increased 7.3% to approximately $2.7 billion. eCommerce sales increased approximately 9%. The company reached a low of $29.69 per share on Tuesday. Fanhua Inc., (NASDAQ: FANH) a financial services provider in China, announced on Monday, its unaudited fourth quarter and year end results. Total net revenues were RMB690 million for the fourth quarter, representing a decrease of 48% from the corresponding period a year ago. Total operating costs and expenses were RMB628 million for the fourth quarter, representing a decrease of 52% from a year ago. Fanhua reached a low of $25.63 per share on Tuesday after the announcement. DSW Inc. (NYSE: DSW) announced on Tuesday its fiscal fourth and full year results ending February 3rd. Total revenues reached a new high of $2.8 billion including the strongest growth in online demand in the last 9 years. Reported net income was $11.7 million, or $0.15 per diluted share, which included net after-tax charges of $18.8 million. DSW reached a high of $21.90 per share on Tuesday. Signet Jewelers Limited (NYSE: SIG) reported fourth quarter results on Wednesday. Gross margin was $919 million, or 40% of sales, and same store sales decreased 8.6%. The company plans to Implement the "Signet Path to Brilliance" transformation plan to improve long-term operational and financial performance. The company’s shares fell to a new 52-week low of $37.42 on Thursday. © 2011 Financial Buzz. All rights reserved. No portion of FinancialBuzz.com may be duplicated, redistributed or manipulated in any form without our consent, violators will be prosecuted to the full extent of the law.
Views: 5582 FinancialBuzzMedia
September 2, 2016 Financial News - Business News - Stock Exchange - NYSE - Market News
 
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September 2, 2016 Financial News - Business News - Stock Exchange - NYSE - Market News CLICK HERE➡ ➡ http://FinancialBuzz.com Business News - Financial News - Stock News -- New York Stock Exchange -- Market News 2016 Business News - Financial News - Stock Exchange -- Wall Street -- Market News - New York Stock Exchange 2016 On Monday personal income for July was up .4% on top of the prior month’s .3% gain, while consumer spending was up .3% on top of the prior month’s .5% gain. The PCE price index remained unchanged. On Tuesday, the Case-Shiller home price index for June fell by .1%. This was in addition to the prior month’s .1% decline. Consumer confidence for August was up 4.4 points to 101.1. On Wednesday, the ADP employment report for August showed private payrolls grew 177,000 on top of the prior month’s 194,000 gain. The pending home sales index for July jumped 1.3% and the EIA petroleum status report for the week ending August 26th showed an increase of 2.3 million barrels. This unexpected increase in stockpiles prompted U.S. crude futures to fall 3.5% to $44.70 a barrel, and the Dow Industrials fell slightly on the news. On Thursday, jobless claims for the week ending August 27th rose 2,000 to 263,000 and nonfarm productivity for the second quarter dropped .6%, while unit labor costs rose 4.3%. The ISM manufacturing index for August was disappointing, coming in at 49.4, in contraction territory, and its weakest number since January. On Friday, the highly anticipated jobs report came out and it disappointed. For the month of August nonfarm payrolls increased by 151,000 falling short of analysts’ expectations of 175,000. The unemployment rate held steady at 4.9%. Markets were up modestly on the news. Now let’s take a look at some stocks. Shares of the Palo Alto Networks Inc. (NYSE: PANW) are down about 9% after the cyber security company reported earnings for their 4th quarter fiscal year and slightly lowered guidance for the first quarter. The company expects sales of about $399 million for the current quarter ending October 31st. This is an increase of 34% year over year, however, less than the $403 million analysts’ consensus. Shares of Veeva Systems Inc. (NYSE: VEEV) surged after the company posted fiscal second-quarter earnings of 15 cents per share on revenue of $131 million. Analysts expected 13 cents a share on revenue of $127 million. The European Commission has ruled against Apple (NASDAQ: AAPL), ordering the technology giant to pay Ireland an amount of unpaid taxes equivalent to 13 billion euros, or $14.5 billion. As a result, U.S. stocks opened lower Tuesday as Apple dragged down the tech sector. Salesforce.com (NYSE: CRM), the cloud computing solutions provider, reported profit of 33 cents per share. The results beat Wall Street expectations, however, the stock was down about 6% as the company reported lower than expected guidance, of about $2.11 billion, slightly lower than analysts’ expectations. Shares of Lululemon Athletica Inc. (NASDAQ: LULU) fell more than 8% after the company released earnings on Thursday. Earnings met expectations, however, guidance for the 3rd quarter was lower than expected. Lululemon projected about 43 cents per share in earnings and projected about $540 million in revenue. © 2011 Financial Buzz. All rights reserved. No portion of FinancialBuzz.com may be duplicated, redistributed or manipulated in any form without our consent, violators will be prosecuted to the full extent of the law.
Views: 20040 FinancialBuzzMedia
LIVE - Floor of the NYSE! Nov. 11 2016 Financial News - Business News - Stock Exchange - Market News
 
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Watch Us LIVE from the Floor of NYSE! November 11, 2016 Financial News - Business News - Stock News - Market News - Stock Exchange CLICK HERE➡ ➡ http://FinancialBuzz.com Business News - Financial News - Stock News -- New York Stock Exchange -- Market News 2016 Business News - Financial News - Stock Exchange -- Wall Street -- Market News - New York Stock Exchange 2016 On Monday markets soared after the FBI, for the second time, cleared another batch of emails related to Hillary Clinton’s use of a private email server. The rally broke a nine day losing streak for the S&P 500, its longest since December 1980. The Dow Industrials closed up 370 points. On Tuesday, the JOLTS job openings report for September was up .6% to 5.49 million. On Wednesday, traders were surprised with Donald Trump’s unexpected victory, and stocks surged with the Dow Industrials closing up 256 points. Some of the winning sectors included banks, defense, and infrastructure providers, and some of the losers included hospital operators. The Mexican peso was down sharply against the dollar and ten year Treasury notes soared 22 basis points to 2.07%. Also on Wednesday, the EIA petroleum status report for the week ending November 4th showed an increase in crude oil inventories of 2.4 million barrels. On Thursday, jobless claims for the week ending November 5th fell 11,000 to 254,000. Markets were volatile as investors rebalanced their portfolios based on new assumptions for economic winners and losers caused by Trump’s surprise win. The Dow Industrials gained 218 points to close at a record high, however, the S&P 500 only rose by 4 points, and the NASDAQ composite fell by 42 points. On Friday, consumer sentiment for November rose 4.4 points to 91.6. Markets opened slightly lower as investors took a breather from the recent market rallies. Now let’s take a look at some stocks. On Monday, Windstream Holdings, Inc. (NASDAQ:WIN) a telecommunications and data services firm, announced a merger with its rival, EarthLink Holdings Corp. in a $1.1 billion transaction. The deal is expected to close in the first half of 2017, after that, shareholders of Windstream will own 51% of the combined company, and shareholders of EarthLink will own 49%. Valeant Pharmaceuticals International, Inc. (NYSE:VRX) posted lower than expected profit due to weak sales of its dermatology products and irritable bowel syndrome drug. The company also cut full year profit and revenue forecasts. Its stock fell almost 30% percent during premarket trading Tuesday morning. Prior to this earnings release, Valeant had fallen over 90% since 2015. CVS Health Corporation (NYSE:CVS) lowered its profit forecast for the year and warned of weak growth for 2017, as the company said that it will lose 40 million prescriptions next year. The biggest U.S. drugstore chain expects adjusted earnings per share of about $5.80 in 2017, however, analysts had expected earnings of $6.52 per share. LendingClub Corp. (NYSE:LC) reported a smaller-than-expected loss and said it stopped needing incentives to attract customers. Its stock jumped as much as 18% to $6.03 a share, but it has tumbled 54% this year. The company reported a loss of $36.5 million, or 9 cents a share, in the third quarter, compared with a profit of $950,000 a year earlier. Hertz Global Holdings, Inc. (NYSE:HTZ) saw its shares lose almost half their value after the company posted a worse-than-expected quarterly report and cut its full-year profit outlook. Hertz Global, which operates the Hertz, Dollar, and Thrifty vehicle rental brands, posted adjusted earnings of $1.58 per share in the third-quarter, missing analysts’ estimates of $2.73. © 2011 Financial Buzz. All rights reserved. No portion of FinancialBuzz.com may be duplicated, redistributed or manipulated in any form without our consent, violators will be prosecuted to the full extent of the law.
Views: 52762 FinancialBuzzMedia
November 21, 2014 - Business News - Financial News - Stock News --NYSE -- Market News 2014
 
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November 21, 2014 Financial News - Business News - Stock Exchange - NYSE - Market News CLICK HERE➡ ➡ http://FinancialBuzz.com Business News - Financial News - Stock News -- New York Stock Exchange -- Market News 2014 Business News - Financial News - Stock Exchange -- Wall Street -- Market News - New York Stock Exchange 2014 Markets kept chugging along, maintaining highs, although not actually gaining that much as a percentage. On Monday, Japan surprised the world as it reported a negative GDP growth for the second quarter in a row, thus officially putting the country in a recession. Back in the U.S., industrial production for October was released, falling .1% month to month and lower than expectations of growth of .2%. The Empire State manufacturing survey for November also came in slightly below expectations at 10.16, however, improved from the previous month’s 6.17 level. On Tuesday, a strong investor confidence report from Germany, along with strong European auto sales gave U.S. markets a boost. The producer price index for October was up .2% month to month and the housing market index for November was at 58, up from the prior month’s 54. The Dow Industrials and the S&P 500 closed at record highs. On Wednesday, the Fed released the minutes of their last meeting at the end of October. There weren’t any surprises, with the bond purchasing program ended, as well as guidance to keep interest rates low for a considerable period. Housing starts for October declined 2.8% from the prior month, but were up 7.8% year over year. On Thursday, the consumer price index for October was unchanged, after declining .1% the prior month. Jobless claims for the week ending November 15 were down slightly at 291,000. Once again the Dow Industrials and the S&P 500 closed at record highs. On Friday, markets soared on news that both China and Europe central banks took steps to stimulate their respective economies. Now let’s take a look at some stocks. November 21, 2014, Weekly Stock Market Wrap up: Target Corp. (NYSE: TGT) General Motors Company (NYSE: GM) Best Buy Co., Inc. (NYSE: BBY) Achillion Pharmaceuticals, Inc. (NASDAQ: ACHN) Business News - Financial News - Stock Exchange - New York Stock Exchange -- Wall Street -- Market News 2014 http://www.financialbuzz.com financial news, financial stock news, business news, stock news, financial news today, stock news today 2014, financial news now, stock news now, stock news, business news, financial news, © 2011 Financial Buzz. All rights reserved. No portion of FinancialBuzz.com may be duplicated, redistributed or manipulated in any form without our consent, violators will be prosecuted to the full extent of the law
Views: 14438 FinancialBuzzMedia
June 10, 2016 Financial News - Business News - Stock Exchange - Market News
 
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June 10, 2016 Financial News - Business News - Stock Exchange - NYSE - Market News CLICK HERE➡ ➡ http://FinancialBuzz.com Business News - Financial News - Stock News -- New York Stock Exchange -- Market News 2016 Business News - Financial News - Stock Exchange -- Wall Street -- Market News - New York Stock Exchange 2016 On Monday, Fed Chair Janet Yellen gave a speech acknowledging last week’s job growth report was disappointing, but she also said there has been considerable progress in the labor market and it continues to strengthen. In addition, the Fed still needs to gradually raise rates over time, but she didn’t give a time frame. Markets ended the day up modestly, with the Dow Industrials gaining 113 points. On Tuesday, the revised nonfarm productivity for the first quarter decreased .6% and unit labor costs increased by 4.5%. U.S. crude futures settled at $50.36 a barrel, its first settle above $50 since last July, and the yield on 10 year notes closed at 1.71%. On Wednesday, the JOLTS job openings report for April rose 2% to 5.8 million and the EIA petroleum status report for the week ending June 3rd, showed crude oil inventories falling by 3.2 million barrels. Markets rallied and were trading near their highest levels since last summer. On Thursday, jobless claims for the week ending June 4th fell 4,000 to 264,000. Billionaire investor George Soros placed large bearish investments in the gold sector due to his concerns over the outlook of the global economy. On Friday markets opened sharply lower as global interest rates declined, and the price of crude oil fell below $50 a barrel. Shares of Lululemon Athletica Inc. (NASDAQ: LULU) jumped 5% after the company reported quarterly earnings on Wednesday. Numbers were mixed with the yoga-wear maker posting a 5% decline in profits from the same period last year as a result of an increase in general and administrative expenses. Revenue, however, increased by 17% to $495 million, and inventory problems are now under control, removing a drag on the business. VeriFone Systems Inc. (NYSE: PAY) shares dove more than 20% after the maker of payment-systems reported disappointing quarterly earnings, announced layoffs and reduced its annual forecasts. VeriFone reported profit of $0.47 cents per share on sales of $526 million; however, analysts expected earnings of $0.52 cents a share on sales of $530 million. Valeant Pharmaceuticals (NYSE: VRX) shares continued falling this week, after reporting earnings, and lowering its projections. The company now expects to earn about $4.9 billion in 2016 adjusted earnings before interest, taxes, depreciation and amortization, down from its earlier projection of $5.8 billion. Tailored Brands Inc.’s (NYSE: TLRD) shares tumbled 22% following another disappointing earnings report. The Men’s Wearhouse segment is struggling amid a difficult retail environment. Comparable sales at Men’s Wearhouse—the company’s largest brand—declined 3.5%. The company claims that fewer customers bought less items. Jos. A. Bank, another brand under Tailored Brands, recorded a 16% drop in comparable sales on a decrease in transactions. Tesla (NASDAQ: TSLA) announced plans to make a cheaper version of the model S, to be called the 60, and will be priced at $66,000 and have a range of 210 miles per charge, about double the range of electric cars from other car makers. The company wants the luxury electric car to be available to a wider consumer base. © 2011 Financial Buzz. All rights reserved. No portion of FinancialBuzz.com may be duplicated, redistributed or manipulated in any form without our consent, violators will be prosecuted to the full extent of the law.
Views: 26635 FinancialBuzzMedia
UNICEF Ventures Seeking Blockchain Investments for New Fund |  Chris Fabian & Vincent Molinari
 
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https://unicefinnovationfund.org/ Digital Assets Report. Recorded LIVE at the New York Stock Exchange. SCN Corporate Connect's Jane Kings sits down with Vincent Molinari - CEO of Liquid M. Capital, and special guest Chris Fabian of UNICEF Ventures. Templum Markets http://www.tradetemplum.com/ Liquid M. Capital http://www.liquidmarketsgroup.com http://www.liquidmarketsgroup.com/liquid-market-capital/ Christopher Fabian is a technologist who co-founded UNICEF's Innovation Unit with Erica Kochi in 2006. He currently runs UNICEF Ventures - and makes investments into open source technologies that can provide solutions to societal problems, particularly those facing children. Between 2007 and 2015 he held the role of Senior Advisor on Innovation to the Executive Director at UNICEF. Fabian spent a year (2010) as Senior Advisor on Innovation to the Executive Office of the Secretary-General. In 2015 he led the launch of UNICEF’s Innovation Fund a pooled funding vehicle built to quickly assess, fund and scale companies, teams, and ideas that have been developed in new and emerging markets. Fabian is known for his work on tools for children and communities in low-infrastructure environments, including the Digital Drum, U-Report and RapidSMS, which has evolved to RapidPro — a free, open source framework for rapidly building mobile services for scale. In 2013, he and Kochi were on the Time 100 list of global influencers. UNICEF Ventures helps the organization prepare for the technologies and changes that are on the 3-5 year horizon and experiments with new approaches to solving the most pressing problems facing children. This often means creating provocations to industry to show how certain technologies, if built in the right way, could have positive impact on the lives of children, while also opening new research, markets, and opportunities to UNICEF’s partners. UNICEF Ventures invests in early stage solutions that show great potential to positively impact children in the one-to-two-year future. This investment comes from the UNICEF Innovation Fund – the first financial vehicle of its kind in the UN. The Venture fund is a $12.6 M investment fund which makes $50-100K investments in portfolios of emerging technology being developed by companies in UNICEF programme countries. This Fund allows UNICEF to take small risks within particular technology portfolios, and ensure that even if many of the investments fail the portfolio is a success. The Fund has invested in companies including those using blockchain for teacher payments in South Africa, building open-source mobile phone networks in disconnected areas in Nicaragua, and using facial recognition to detect malnutrition in children under 5. To view all Fund investments real time, visit www.unicefinnovationfund.org.
💚 Stock market starts the week in the green. | The Closing Beat 🎵
 
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Every day when the stock market closes we update our clients and subscribers about the important or interesting things that moved the stock market and your retirement investments. We leave the opinion out...mostly. Our goal is to educate briefly on what moved the stock markets, what may be coming up, and how your investments, or retirement portfolio may have been impacted by the day's news. Here's a look at what investors were focused on today: The markets started the week on a positive note as the trade talks in China begin. The Dow 30 was higher on the day by 98, the S&P 500 closed higher by 17 and the Nasdaq 100 added 84 on the day. A handful of reports were not issued today as the Government remains shutdown. The White House did announce later in the day that refunds will go out despite the shutdown. Sector News OIl continued it's string of gains today, higher now for the 6th straight day. Last week investors responded to the draw in overall U.S. inventory which bled into this week as well. In addition there were reports of further cuts out of Saudi Arabia which helped support prices. Semiconductors were stronger on the day thanks to some news out of CES in Vegas. Nvidia announced new, lower priced graphics cards which sent the stock higher as well as others in the space. Stock News Eli Lilly (NYSE: LLY) is the latest in the healthcare space to announce an acquisition. They pharmaceutical company announced they would be buying cancer drug company, Loxo Oncology (NASDAQ: LOXO) for $8 billion in cash. This equates to a deal of $235 per share. PG&E (NYSE: PCG) - shares fell over 20% after reports came out on Friday that the California utility may be forced into bankruptcy thanks to the massive liabilities from wildfires which were caused by its equipment related to fatal wildfires in 2017 & 2018. Apple (NASDAQ: AAPL) announced deal with Samsung to distribute iTunes shows on Samsung branded smart TV’s. Look for an app in the coming months. Apple shares continue to trade near 52-week lows. Dollar Tree (NASDAQ: DLTR) spiked higher today as news came out from the Wall Street Journal that activist investor, Starboard Value was pushing the company to sell Family Dollar and change it's overall pricing model. Shares traded nearly back to last May’s highs and are now up almost 8% in just the last month. Tesla (NASDAQ: TSLA) shares were higher as the CEO, Elon Musk was in China to break ground on their new gigafactory. We're an investing service that also helps you keep your dough straight. We'll manage your retirement investments while teaching you all about your money. ---Ready to subscribe--- https://www.youtube.com/jazzwealth?sub_confirmation=1 For more information visit: www.JazzWealth.com --- Instagram @jazzWealth --- Facebook https://www.facebook.com/JazzWealth/ --- Twitter @jazzWealth Business Affairs 📧[email protected]
Views: 1936 Jazz Wealth Managers
LIVE - Floor of the NYSE! May 5, 2017 Financial News - Business News - Stock News - Market News
 
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Watch Us LIVE from the Floor of NYSE! May 5, 2017 Financial News - Business News - Stock News - Market News - Stock Exchange CLICK HERE➡ ➡ http://FinancialBuzz.com Business News - Financial News - Stock News -- New York Stock Exchange -- Market News 2017 Business News - Financial News - Stock Exchange -- Wall Street -- Market News - New York Stock Exchange 2017 On Monday personal income for March rose .2% on top of the prior month’s .3% gain, however, this was lower growth than expected. Consumer spending was flat, unchanged from the prior month. The PCE price index declined .2% after rising .1% the prior month. The ISM manufacturing index for April fell 2.4 points to 54.8 and construction spending for March fell .2% after rising 1.8% in the prior month. Markets took a shock when President Trump made comments about breaking up the big banks, however, markets closed mixed with the Nasdaq Composite ending at a record high. On Tuesday, oil continued falling with West Texas Intermediate crude closing 2.4% lower to $47.66 a barrel and 10-year Treasuries yielded 2.29%. Markets didn’t do much as investors waited for the Federal Reserve to conclude its meeting. On Wednesday, the ISM non-manufacturing index for April rose 2.3 points to 57.5, and the EIA petroleum status report for the week ending April 28th saw crude inventories falling 900,000 barrels. The Federal Reserve finished its meeting and did not raise interest rates. The Fed said although consumer spending was weak in the first quarter, it was only transitory, and the second quarter will experience a rebound. On Thursday, jobless claims for the week ending April 29th fell 19,000 to 238,000, factory orders for March rose .2%, lower than expectations, and nonfarm productivity for the first quarter declined .6% and unit labor costs rose 3%. U.S. crude fell almost 5% to $45.52 a barrel as reports show oil supplies remain in surplus, despite OPEC’s production cuts. Markets were mostly unchanged at the close. On Friday, nonfarm payrolls for April grew by 211,000 and the unemployment rate fell to 4.4%. Average hourly earnings increased .3%. Markets opened mixed after Warren Buffet made some negative comments about IBM. Now let’s take a look at some stocks. Advanced Micro Devices, Inc. (NASDAQ: AMD) shares fell over 20% after the company reported a lower second quarter gross margin forecast, raising concerns about the company’s profitability. The chip maker said revenue rose 18% to $984 million in the first quarter, compared with $832 million a year earlier. Twilio Inc. (NYSE: TWLO) plunged over 28% Wednesday morning after the company’s guidance for second-quarter revenue fell short of analysts’ estimates. Twilio said it expects second-quarter revenue of around $86.5 million and full year revenue of around $359 million. Analysts had projected $87.8 million for the second quarter and $370 million for all of 2017. On Tuesday, Apple Inc. Apple Inc. (NASDAQ: AAPL) reported its revenue increased 4.6% to $52.9 billion in the second quarter, which was lower than analysts’ estimates of $53 billion. Interestingly, the company’s guidance for the next quarter’s revenue is only around $44 billion. Stock value fell Wednesday morning and then rose throughout the day. On Wednesday, Delphi Automotive PLC (NYSE: DLPH), announced revenue increased 9% to $4.3 billion in the first quarter adjusted for currency exchange, commodity movements, acquisitions and divestitures. Share value surged over 10% as the company announced plans to spin-off their Powertrain segment, creating two independent companies. Tesla, Inc. (NASDAQ: TSLA) reported first-quarter earnings Wednesday after market, with vehicle production increasing 64% compared to a year ago, enabling the company to set new quarterly records of 25,051 deliveries and $2.7 billion in GAAP revenue. On a non-GAAP basis, Tesla lost $1.33 per share, a bigger loss than what the Street was expecting. Tesla fell over 5% on Thursday. © 2011 Financial Buzz. All rights reserved. No portion of FinancialBuzz.com may be duplicated, redistributed or manipulated in any form without our consent, violators will be prosecuted to the full extent of the law.
Views: 15173 FinancialBuzzMedia
Stocks slide after Apple reports sales slowdown in China
 
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A rare warning from Apple. iPhone sales in China have slowed, triggering another sell off on Wall Street. It's sparking fears about a global slowdown. CGTN's John Terrett reports from the New York Stock Exchange.
Views: 239 CGTN America
July 29, 2016 Financial News - Business News - Stock Exchange - NYSE - Market News
 
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July 29, 2016 Financial News - Business News - Stock Exchange - NYSE - Market News CLICK HERE➡ ➡ http://FinancialBuzz.com Business News - Financial News - Stock News -- New York Stock Exchange -- Market News 2016 Business News - Financial News - Stock Exchange -- Wall Street -- Market News - New York Stock Exchange 2016 On Monday energy stocks fell sharply when U.S. crude oil dropped 2.4% to $43.13 a barrel, however, trading volume overall was light as investors waited for the release of earnings, and the outcome of the Federal Reserve meeting. On Tuesday, the Case-Shiller home price index for May was down .1% on top of the prior month’s .2% drop. New home sales for June were up 3.5% to an annualized 592,000 units, and consumer confidence for July fell only one-tenth of a point, holding on to June’s big gains. Earnings were mixed and markets also closed mixed. On Wednesday, durable goods orders for June were weak for the second month, down 4% on top of the prior month’s 2.8% drop and the EIA petroleum status report for the week ending July 22nd showed crude oil inventories increased by 1.7 million barrels. The meeting of the Federal Reserve concluded, and they voted to keep interest rates unchanged. In a statement, the Fed noted strong non-farm payroll gains and increases in household spending, however, any mention of global events was missing, implying that fears over Brexit have subsided. The 10 year Treasury yield settled at 1.51%, U.S. crude oil dropped to $41.92 a barrel, and the Dow Industrials closed about 1 point lower. On Thursday, jobless claims for the week ending July 23rd were up 14,000 to 266,000. Mixed earnings reports left markets uncertain, however, the NASDAQ composite closed up 15 points to its highest level of the year. On Friday, the 2nd quarter GDP came in at 1.2%, weaker than expected, however, the consumer spending component was very strong, up 4.2%. Markets opened mixed as the energy sector continued to struggle. Now let’s take a look at some stocks. Social media giant Facebook (NASDAQ: FB) announced spectacular quarterly earnings, far exceeding analysts’ expectations. The majority of Facebook’s users are on mobile devices, where the company generated most of its ad dollars. Advertising on cellular devices accounted for roughly 84% of Facebook’s $6.2 billion in ad sales during its second quarter. Profit from mobile ads increased 80% in the latest quarter compared to overall revenue growth of 59%. Shares of Apple (NASDAQ: AAPL) climbed over 7% after releasing better-than-expected quarterly earnings of $1.42 per share on revenues of $42.4 billion surpassing expectations of $1.38 per share. Services revenue grew 19% due to the popularity of the app store. Amazon (NASDAQ: AMZN) shares were up more than 2% Thursday after-market, as the company posted earnings of $1.78 per share, strongly beating expectations of $1.11, along with revenue of $30.4 billion beating forecasts of $29.6 billion. Amazon says Prime Day, which was not included in this past quarter’s results, was a huge success, with worldwide orders up as much as 60% compared to last year’s Prime Day. Google’s parent company, Alphabet (NASDAQ: GOOGL), saw its shares rise over 4% on Thursday during after-hours trading when the company reported earnings of $8.42 per share on revenues of $21.5 billion beating earnings expectations by $0.38 a share and beating revenue expectations by $740 million. Aggregate paid clicks rose 29% from the same period last year, and paid clicks on the company’s websites were up 37% year over year. © 2011 Financial Buzz. All rights reserved. No portion of FinancialBuzz.com may be duplicated, redistributed or manipulated in any form without our consent, violators will be prosecuted to the full extent of the law.
Views: 31431 FinancialBuzzMedia
LIVE - Floor of the NYSE! Nov. 16, 2018 Financial News - Business News - Stock News - Market News
 
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Financial News - Business News - Stock News - Market News - Stock Exchange CLICK HERE➡ ➡ http://FinancialBuzz.com Business News - Financial News - Stock News -- New York Stock Exchange -- Market News 2018 Business News - Financial News - Stock Exchange -- Wall Street -- Market News - New York Stock Exchange 2018 On Monday, oil fell for a record 12th straight day, and the dollar traded at 18-month highs. That, plus continued worries about global trade dragged down markets, with the Dow Industrials closing 602 points lower. On Tuesday, small business optimism remained close to 45-year highs in October but fell slightly by .5 point to 107.4. Renewed trade talks between the U.S. and China helped lift sentiment, however, the Dow Industrials fell back into the red as U.S. crude plunged 7.1% to $55.69 a barrel. On Wednesday, the consumer price index for October rose .3% on top of the prior month’s .1% gain and 10-year Treasuries yielded 3.11%. The Dow Industrials ended the day 206 points lower. On Thursday jobless claims for the week ending November 10th increased 2,000 to 216,000 and retail sales for October increased .8%. Import prices for October rose .5% while export prices rose .4%, while the EIA petroleum status report for the week ending November 9th saw crude oil inventory surge by 10.3 million barrels. The Dow Industrials ended a 4 day losing streak, closing up 208 points. On Friday industrial production for October increased .1% on top of the prior month’s .2% gain. Markets rallied modestly after the open as oil prices increased. Now let’s take a look at some stocks. Apple Inc. (NASDAQ: AAPL) shares plunged by over 5% on Monday as Apple’s supplier, Lumentum, released an annual filing for its fiscal year and did not provide a forecast for Apple’s orders. Lumentum only revealed that Apple is its customer and that it accounts for 30% of its revenue. Lumentum’s release concerned investors that Apple may see a decline with its iPhone sales. Tyson Food Inc. (NYSE: TSN) reported its fiscal fourth quarter results on Tuesday before market open. Tyson topped earnings estimates, but missed on revenue. For the fourth quarter, Tyson reported revenue of almost $10 billion and also reported a weaker-than-expected guidance, causing shares to slip by 6.7%. Home Depot Inc. (NYSE: HD) reported its third quarter results on Tuesday and topped analysts’ estimates and also raised its full year guidance. The company reported sales of $26.3 billion increasing 5.1% year over year. Despite the stronger-than-expected earnings, Home Depot shares slipped by 4% due to the home improvement chain suggesting that the pace of U.S. home sales was slowing and impending tariffs could drive prices up. General Electric Co.’s (NYSE: GE) shares jumped by almost 8% on Tuesday after the Company said it will sell part of its stake in Baker Hughes, reducing its ownership to 50%. The sale can offer up to 166 million shares, which may net GE $4 billion in cash for the fourth quarter. NVIDIA Corp. (NASDAQ: NVDA) reported its third quarter results after market close on Thursday. The company topped earnings estimates, but missed on revenue. Nvidia reported revenue of $3.18 billion, increasing 21% year over year, but shy of $3.24 billion estimates. Shares fell 15% on the news. © 2011 Financial Buzz. All rights reserved. No portion of FinancialBuzz.com may be duplicated, redistributed or manipulated in any form without our consent, violators will be prosecuted to the full extent of the law.
Views: 17197 FinancialBuzzMedia
January 22, 2016 Financial News - Business News - Stock Exchange - Market News
 
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January 22, 2016 Financial News - Business News - Stock Exchange - NYSE - Market News CLICK HERE➡ ➡ http://FinancialBuzz.com Business News - Financial News - Stock News -- New York Stock Exchange -- Market News 2016 Business News - Financial News - Stock Exchange -- Wall Street -- Market News - New York Stock Exchange 2016 Markets were closed for a holiday on Monday, and trading Tuesday resumed with volatile trading. On Tuesday, China reported GDP for 2015 of 6.9%, the lowest pace of growth since 1998, West Texas Intermediate crude fell slightly to close at $28.46 a barrel. The National Association of Home Builders market index for January came in down 1 point at 60, still holding fairly strong, with 50 defined as the line between positive and negative. Markets closed the day mostly unchanged. On Wednesday, the consumer price index for December dropped .1%, and housing starts for December dropped 2.5% to an annualized 1.149 million units. U.S. crude dropped over 6%, settling at $26.55 a barrel, its lowest since May 2003. The Dow Industrials closed down 249 points, however, Nasdaq just about stayed even. On Thursday, jobless claims for the week ending January 16th were up 10,000 to a higher than expected 293,000. This was its highest reading since last July. The EIA petroleum status report for the week ending January 15th showed crude oil inventories increasing by 4 million barrels, to the highest levels since 1990. U.S. crude rose to $29.53 a barrel and this helped fuel a rally, with the Dow Industrials closing up 115 points, however, the Nasdaq composite remained unchanged. On Friday, the PMI manufacturing flash index for January improved slightly to 52.7 and existing home sales for December were up a sharp 14.7% to an annualized 5.46 million units. Markets opened sharply higher, but then pulled back slightly. Now let’s take a look at some stocks. Shares of Macys (NYSE:M) jumped 2.6% Tuesday after the manager of the Greenlight Capital hedge fund, told investors that he has made new bets on stocks including Macy's, which has lost 40% of its value in 2015. Greenlight Capital has faith in the retailer’s current plans for delivering better returns. Synaptics Inc. (NASDAQ:SYNA) shares surged more than 35% after it was announced that the technology company is close to an agreement to be bought by a state-backed Chinese investment group. The agreement is estimated to value the maker of touch-screen technology at more than $110 per share, and might be finalized by early March. Verizon Communications (NYSE:VZ) shares spiked more than 3%, after the communications giant reported 4th quarter earnings. Verizon added a net 1.5 million wireless postpaid, or monthly, subscriptions in one quarter. This is a smaller number than the 2 million in the previous year, yet above analysts' expectations of 1.42 million. Netflix (NASDAQ:NFLX) gave investors a nice surprise on Tuesday after revealing quarterly revenues of $1.8 billion, compared to $1.5 billion the year before. The video streaming company also reported that it added 5.6 million total net subscribers in the quarter. Kinder Morgan (NYSE:KMI) shares jumped more than 15% after the pipeline company reported earnings along with plans to reduce spending and potentially increase its dividend or buy back shares. © 2011 Financial Buzz. All rights reserved. No portion of FinancialBuzz.com may be duplicated, redistributed or manipulated in any form without our consent, violators will be prosecuted to the full extent of the law.
Views: 35144 FinancialBuzzMedia
LIVE - Floor of the NYSE! Sept. 7, 2018 Financial News - Business News - Stock News - Market News
 
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Financial News - Business News - Stock News - Market News - Stock Exchange CLICK HERE➡ ➡ http://FinancialBuzz.com Business News - Financial News - Stock News -- New York Stock Exchange -- Market News 2018 Business News - Financial News - Stock Exchange -- Wall Street -- Market News - New York Stock Exchange 2018 Markets were closed Monday for the Labor Day holiday. On Tuesday the PMI manufacturing index for August declined sixth-tenths of a point to 54.7 while the ISM manufacturing index rose 3.2 points to 61.3. Construction spending for July rose .1% compared to the previous months 1.1% decline. Markets fell slightly as investors were worried about continuing trade tensions with Canada and China, with additional talks with Canada scheduled to resume Wednesday. On Wednesday, the tech sector did poorly as tech executives testified in front of Congress about how to prevent abuse of social media platforms. Ten year Treasuries yielded 2.9% and West Texas Intermediate crude dropped 1% to $68.87 a barrel. On Thursday, the ADP employment report for August rose 163,000, and jobless claims for the week ending September 1st fell 10,000 to 203,000. Productivity for the second quarter was unrevised at 2.9%, while unit labor costs were revised one-tenth lower to minus 1%. Factory orders for July declined .8% and the ISM non-manufacturing index increased 2.8 points to 58.5. The EIA petroleum status report for the week ending August 31st saw crude oil inventory decline 4.3 million barrels. The tech sector continued its sharp decline while overall markets were mixed. On Friday nonfarm payrolls for August rose 201,000, higher than expectations, and the unemployment rate held steady at 3.9%. Average hourly earnings increased by .4%. Markets opened mixed on the news. Now let’s take a look at some stocks. Transocean Ltd. and Ocean Rig UDW (NASDAQ: ORIG) announced on Tuesday that Transocean will acquire Ocean Rig in a cash and stock transaction valued at approximately $2.7 billion. The transaction’s total implied value is $32.28 per Ocean Rig share. This represents a 20% premium to Ocean Rig's ten-day volume weighted average share price. Workday, Inc. (NASDAQ: WDAY) announced results for its fiscal second quarter on Tuesday. Total revenue increased 27.9% to $671 million year over year. Net loss per share was flat at $0.40 compared to a year ago. For the trailing twelve months, operating cash flows were $512 million and free cash flows were $337 million, representing year over year growth of 36% and 37%, respectively. DocuSign (NASDAQ: DOCU) announced results for its fiscal second quarter results on Wednesday. Total revenue was $167 million, an increase of 33% year-over-year. Net cash provided by operating activities was $22 million, compared to $12 million in the same period a year ago. Cash, cash equivalents and restricted cash was $819 million at the end of the quarter. Cloudera, Inc. (NYSE: CLDR) reported on Wednesday during after-hours trading, its second quarter results with total revenue of $110 million, an increase of 23% year over year. Cloudera shares rose by 23% on the news. Arrowhead Pharmaceuticals Inc. (NASDAQ: ARWR) announced on Thursday that it will present its clinical data for ARO-HBV, a potentially curative therapy for chronic hepatitis B, at a summit in Auckland, New Zealand. Data shows the drug is well-tolerated. Arrowhead shares surged on Thursday, climbing 44%. © 2011 Financial Buzz. All rights reserved. No portion of FinancialBuzz.com may be duplicated, redistributed or manipulated in any form without our consent, violators will be prosecuted to the full extent of the law.
Views: 87283 FinancialBuzzMedia
Inside The New York Stock Exchange - Brief Tour And History
 
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To book a tour of the Financial District/Wall Street area, click on http://knowbeforeyougonewyork.com/nyse. To see more videos about New York City like this one, click on http://knowbeforeyougonewyork.com Book a private tour of New York by sending an email to [email protected] Music Credit: Corporation Motivation by Audionautix is licensed under a Creative Commons Attribution license (https://creativecommons.org/licenses/by/4.0/) Artist: http://audionautix.com/
Views: 15753 WS Westwood
NEW YORK STOCK EXCHANGE 1952 ANIMATED PROMOTIONAL FILM "WHAT MAKES US TICK"  CARTOON 63674
 
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This promotional film about the New York Stock Exchange dates to the early 1960s and includes two segments. The first clip is titled Special Report: New York Stock Exchange Adds “Fair Ladies” To Staff. This about the women who provide tours and information of the New York Stock Exchange (NYSE). It opens with several different women welcoming people to the NYSE in various languages. During the World’s Fair, the NYSE is one of the most popular places to visit. A shot shows the floor of the NYSE (00:29); a woman gives speaks to her tour group. Exterior footage shows the intersection of Nassau Street and Broad Street (00:53). The second and primary film is a 1952 John Sutherland production, What Makes Us Tick. This short animated film explains how stocks work for potential investors, covering information on the corporation, stock holders, investment bankers, and the New York Stock Exchange (NYSE). “John Q. Public” is interested in investing in stocks, so the film gives a good—if very positive—overview of how stocks function using an oil drum company as an example of how a business can become a corporation, attract investors and raise capital, be registered by the SEC, and ultimately be listed on the NYSE. The film concludes by telling viewers that investing in American industry creates jobs and allows for efficient war-time mobilization. The New York Stock Exchange (abbreviated as NYSE, and nicknamed "The Big Board"), is an American stock exchange located at 11 Wall Street, Lower Manhattan, New York City, New York. It is by far the world's largest stock exchange by market capitalization of its listed companies at US$21.3 trillion as of June 2017. The average daily trading value was approximately US$169 billion in 2013. The NYSE trading floor is located at 11 Wall Street and is composed of 21 rooms used for the facilitation of trading. A fifth trading room, located at 30 Broad Street, was closed in February 2007. The main building and the 11 Wall Street building were designated National Historic Landmarks in 1978. We encourage viewers to add comments and, especially, to provide additional information about our videos by adding a comment! See something interesting? Tell people what it is and what they can see by writing something for example: "01:00:12:00 -- President Roosevelt is seen meeting with Winston Churchill at the Quebec Conference." This film is part of the Periscope Film LLC archive, one of the largest historic military, transportation, and aviation stock footage collections in the USA. Entirely film backed, this material is available for licensing in 24p HD, 2k and 4k. For more information visit http://www.PeriscopeFilm.com
Views: 362 PeriscopeFilm
LIVE - Floor of the NYSE! Apr. 13, 2018 Financial News - Business News - Stock News - Market News
 
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Financial News - Business News - Stock News - Market News - Stock Exchange CLICK HERE➡ ➡ http://FinancialBuzz.com Business News - Financial News - Stock News -- New York Stock Exchange -- Market News 2018 Business News - Financial News - Stock Exchange -- Wall Street -- Market News - New York Stock Exchange 2018 Monday started off strong with trade war worries temporarily on hold and markets making a comeback with the Dow Industrials up as much as 440 points. Then came news that the FBI raided the office and residence of President Trump’s personal lawyer, Michael Cohen. Markets then sank back down with the Dow Industrials closing only 46 points higher. On Tuesday, the producer price index for March rose .3% on top of the prior month’s .2% gain. China’s president Xi Jinping gave a speech widely viewed as conciliatory and stated that China will take steps to further open its economy along with lowering certain tariffs and protecting intellectual property. Markets jumped on the news with the Dow Industrials closing up 428 points. On Wednesday, the consumer price index for March declined .1%, and the EIA petroleum status report for the week ending April 6th saw crude oil inventories increase 3.3 million barrels. The Federal Reserve released minutes from its latest meeting and it confirmed that officials turned slightly hawkish with more members predicting slightly steeper rate hikes. Markets did not like the tone of President Trump’s tweet towards Russia, telling Russia to “Get ready” for a Syrian missile strike. The Dow Industrials closed 218 points lower, gold rose .9% to $1,351 an ounce and West Texas Intermediate crude rose 1.9% to $66.78 a barrel. On Thursday, jobless claims for the week ending April 7th fell 9,000 to 233,000 and import prices for March remained unchanged while export prices rose .3%. President Trump made some comments saying he would consider rejoining the Trans-Pacific Partnership deal and also tweeted that an attack on Syria might not be so soon. The Dow Industrials closed 293 points higher. On Friday consumer sentiment for April fell 3.6 points to 97.8 and the JOLTS job openings report for February fell 2.8% to 6.05 million jobs. Markets opened modestly lower on the news. Now let’s take a look at some stocks. AveXis, Inc. (NASDAQ: AVXS) announced on Monday that it has entered into an agreement whereby Novartis will acquire AveXis for $218 per share or a total of $8.7 billion in cash. The transaction was unanimously approved by the Boards of Directors of both companies. Avexis reached an all-time high of $213.70 per share post announcement. Verifone Systems, Inc. (NYSE: PAY) and Francisco Partners, announced on Monday that an investor group led by Francisco Partners will acquire Verifone for $23.04 per share in cash, for a total consideration of approximately $3.4 billion. Verifone Systems reached a new 52-week high of $22.87 per share this week. Analogic Corporation (NASDAQ: ALOG) on Tuesday announced that it has agreed to be acquired by private equity firm Altaris Capital Partners LLC for $84 per share, or approximately $1.1 billion in cash. The offer price represents a discount of 12% from the company’s Tuesday closing price. Analogic shares fell over 13% to $83.40 per share on Wednesday. Fastenal Company (NASDAQ: FAST) announced on Wednesday its first quarter financial results with net sales increasing $138 million, or 13.2%, year-over-year. Employee-related expenses, which represent 65% to 70% of operating and administrative expenses, increased 14.4% in the first quarter compared to a year ago. Fastenal Company shares dropped to under $50 on Wednesday after the announcement. Bed Bath & Beyond Inc. (NASDAQ: BBBY) reported better-than-expected sales and earnings on Wednesday. However, the retailer posted weak earnings guidance for fiscal 2018, sending its shares down nearly 20% percent on Thursday. The company forecast net earnings per diluted share to be low-to-mid $2.00 range for the current full year, down from $3.12 per diluted share for the previous year. © 2011 Financial Buzz. All rights reserved. No portion of FinancialBuzz.com may be duplicated, redistributed or manipulated in any form without our consent, violators will be prosecuted to the full extent of the law.
Views: 9821 FinancialBuzzMedia
LIVE - Floor of the NYSE! Dec. 28, 2018 Financial News - Business News - Stock News - Market News
 
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Financial News - Business News - Stock News - Market News - Stock Exchange CLICK HERE➡ ➡ http://FinancialBuzz.com Business News - Financial News - Stock News -- New York Stock Exchange -- Market News 2018 Business News - Financial News - Stock Exchange -- Wall Street -- Market News - New York Stock Exchange 2018 On Monday U.S. markets closed early in anticipation of Christmas. However, trading was extremely volatile on reports that President Trump is considering how to remove Fed Chair Jerome Powell along with news that Treasury Secretary Steve Mnuchin called leaders of the six largest U.S. banks over the weekend to reassure them. In addition, the Federal Government shut down over the past weekend as Congress couldn’t agree on funding. The Dow Industrials closed down 653 points, the S&P 500 fell 2.7% and the Nasdaq Composite slid 2.2%. On Tuesday, markets were closed for Christmas and on Wednesday the Case-Shiller home price index for October rose .4% on top of the prior month’s .7% gain. Markets rocketed up with the Dow Industrials logging its largest one-day point gain in history, closing up 1086 points. The S&P 500 rose almost 5% and the Nasdaq Composite surged over 5.8%. Retailers did particularly well as data released showed they were having their best holiday season in six years. Energy stocks also spiked as U.S. crude shot up more than 9% to $46.59 a barrel. On Thursday jobless claims for the week ending December 22nd declined 1,000 to 216,000 and consumer confidence for December fell 8.3 points to 128.1, lower than expectations. Trade issues with China continued to simmer with a report stating the U.S. government is considering banning U.S. companies from using telecom equipment made by Chinese firms Huawei and ZTE. Markets were very volatile with the Dow Industrials falling 611 points at its lowest point during the day. However, by the close, markets rallied and the Dow Industrials finished up 260 points. On Friday the pending home sales index for November declined .7% and markets once again opened with high volatility. Now let’s take a look at some stocks. Amazon.com, Inc. (NASDAQ: AMZN) announced Wednesday morning a record-breaking holiday season, with more items ordered worldwide than ever before. Customers purchased millions more Amazon Devices this holiday season compared to last year – the best-selling devices included the new Echo Dot, and the Fire TV Stick 4K with the new Alexa Voice Remote. Amazon shares opened higher Wednesday, and reached over $1470 before the market close. Sikorsky, a Lockheed Martin company (NYSE: LMT), and Boeing (NYSE: BA) on Wednesday provided the first look at the SB 1 DEFIANT helicopter that the companies have developed for the U.S. Army's Joint Multi-Role technology demonstrator program. The SB 1 is designed to fly at twice the speed and range of today's conventional helicopters and offers advanced agility and maneuverability. PQ Group Holdings Inc. (NYSE: PQG) announced Thursday, that by December 31, 2018, it intends to repay an additional $55 million of its term loan facility, reducing total debt outstanding during 2018 by approximately $135 million. Shares of PQ Group rose to over $15 post announcement. Tesla, Inc. (NASDAQ: TSLA) CEO Elon Musk has announced this week via Twitter, ambitious plans regarding the expansion of the supercharger network in Europe. "Supercharger coverage will extend to 100% of Europe next year. From Ireland to Kiev, from Norway to Turkey," Musk said. Thinking long term, Musk also said that Tesla may install superchargers in Africa in 2020. © 2011 Financial Buzz. All rights reserved. No portion of FinancialBuzz.com may be duplicated, redistributed or manipulated in any form without our consent, violators will be prosecuted to the full extent of the law.
Views: 9583 FinancialBuzzMedia
LIVE - Floor of the NYSE! August 10, 2018 Financial News - Business News - Stock News - Market News
 
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Financial News - Business News - Stock News - Market News - Stock Exchange CLICK HERE➡ ➡ http://FinancialBuzz.com Business News - Financial News - Stock News -- New York Stock Exchange -- Market News 2018 Business News - Financial News - Stock Exchange -- Wall Street -- Market News - New York Stock Exchange 2018 On Monday markets continued the rally started last week, bolstered by strong earnings reported by Berkshire Hathaway. Over 80% of S&P 500 companies have released their latest quarterly reports and 80% of those companies have reported better than expected earnings. Yield on 10-year Treasuries fell slightly to 2.94% and West Texas Intermediate crude climbed one-half percent to $68.83 a barrel. On Tuesday the JOLTS job openings report for June showed a slight increase to 6.662 million while the VIX volatility index fell to 10.52. Markets continued rallying with the S&P 500 only one-half of a percent away from a record high. On Wednesday the EIA petroleum status report for the Week ending August 3rd saw a decline of 1.4 million barrels in crude oil inventory. The Nasdaq Composite continued rising on the strength of tech, but the general market didn’t do much. China announced a new 25% tariff on $16 billion worth of U.S. goods. On Thursday jobless claims for the week ending August 4th fell 6,000 to 213,000 and the producer price index for July remained unchanged compared to the prior month’s .3% gain. This caused the 10-year Treasury yield to fall to 2.92% but the major stock indexes didn’t move much. On Friday the consumer price index for July increased .2% on top of the prior month’s .1% gain. Markets opened sharply lower after the U.S. increased tariffs against Turkey and Turkey’s currency dropped 20%. Now let’s take a look at some stocks. Twilio Inc. (NYSE: TWLO), a cloud communication platform provider, announced Monday its second-quarter financial results. Total revenue rose 54% to $147 million and base revenue rose 54% to $135 million. Non-GAAP net income per share was 3 cents. Twilio shares jumped over 18% on Tuesday. Weight Watchers International, Inc. (NYSE: WTW) on Monday announced its second quarter results, coming in with 4.5 million subscribers, a 28% increase year-over-year. Total paid weeks in the second quarter rose 27% year-over-year. Total revenue rose 20% to $410 million. Yelp Inc. (NYSE: YELP) on Wednesday posted its financial results with second quarter net revenue rising 12% to $235 million, due to strength in its advertising business. Advertising revenue was $226 million, a 21% increase year-over-year. Total paying advertising accounts rose 31% to 194,000. Yelp shares jumped 26% on Thursday. Roku Inc. (NASDAQ: ROKU) reported its second quarter results with revenue of $156 million, increasing 57% year over year. Roku’s platform revenue increased by 96% year over year to $90 million and active accounts grew by 46% year over year to 22 million. Roku shares jumped 21% on Thursday. Snap, Inc. (NYSE: SNAP) announced second quarter financial results after hours on Tuesday. The Company posted revenue of $262 million up 44% year-over-year and daily active users (DAU) increased 8% to 188 million. Average revenue per user (ARPU) increased 34% to $1.40. Shares of Snap fell 6% on Wednesday. © 2011 Financial Buzz. All rights reserved. No portion of FinancialBuzz.com may be duplicated, redistributed or manipulated in any form without our consent, violators will be prosecuted to the full extent of the law.
Views: 20239 FinancialBuzzMedia
June 5, 2015 Financial News - Business News - Stock Exchange - NYSE - Market News
 
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June 5, 2015 Financial News - Business News - Stock Exchange - NYSE - Market News CLICK HERE➡ ➡ http://FinancialBuzz.com Business News - Financial News - Stock News -- New York Stock Exchange -- Market News 2015 Business News - Financial News - Stock Exchange -- Wall Street -- Market News - New York Stock Exchange 2015 On Monday, the ISM manufacturing index for May came in at 52.8, up about 2.5% from the previous month, better than expected but still considered weak, personal income for April was up .4%, and consumer spending for April was unchanged. In other words even though consumers made more money, they didn’t spend it. Construction spending for April was up 2.2% to an annual rate of $1 trillion, the highest level in over 6 years. As a result, markets closed up slightly. On Tuesday, factory orders for April were down .4%, still weak and below expectations. However, total vehicle sales for May were extremely strong, coming at 17.8 million units, the best numbers since 2005. The mixed economic news, along with Greece’s claims that it can’t make its debt repayment to the IMF on Friday, pushed markets slightly lower. On Wednesday, the ADP employment report for May was 201,000, about in line with expectations, and the ISM non-manufacturing index for May was down 3.6% to 55.7, again, within expectations. The U.S. trade deficit fell to $40.9 billion in April, down $9.7 billion from the prior month, however, the prior month’s number was distorted due to a port strike. Bonds rallied significantly with the 10-year treasury hitting 2.38%, and markets closed up modestly. On Thursday, jobless claims for the week ending May 30th were 276,000, down 8,000, and non-farm productivity for the first quarter fell 3.1%, while unit labor costs during the same period rose 6.7%. Markets ended the day significantly lower. On Friday, the non-farm payroll report for May showed a gain in jobs of 280,000, up 59,000 from the prior month and the unemployment rate went up .1% to 5.5%. The jobs number was a big surprise on the upside. Stocks were down slightly on the news, while bond yields shot up. Now let’s take a look at some stocks. Intel Corporation announced Monday that they will acquire competing chip maker Altera, for $54 per share in a deal worth $16.7 billion. Intel is seeking to expand their product-line with the acquisition; Intel’s chips currently are used mostly in personal computers whereas Altera manufactures chips that are programmable by users after they purchase the hardware. LinkedIn Corporation shares rallied this week following rumors that activist investors expressed interest in picking up a stake in the company. Shares are up more than 5% since last week’s close of almost $195. FireEye, Inc. shares shot up 2.9% Thursday, to above $49, after they announced a partnership with Visa with the intention of preventing future cyber-attacks on payment data. FireEye also offered an outlook that stated the company will be cash-flow positive by mid-2016. Bio-Reference Laboratories Inc. shares soared as much as 35% on Thursday after the company signed a merger agreement with Opko Health Inc. The merger will cost Opko approximately $1.5 billion, or $52.58 per share, and will allow Opko access to Bio-Re June 5, 2015 Weekly Stock Market Wrap-up: Intel Corporation(NASDAQ:INTC) LinkedIn Corp(NYSE:LNKD) FireEye Inc(NASDAQ:FEYE) Bio-Reference Laboratories Inc(NASDAQ:BRLI) Business News - Financial News - Stock Exchange - New York Stock Exchange -- Wall Street -- Market News 2015 http://www.financialbuzz.com financial news, financial stock news, business news, stock news, financial news today, stock news today 2015, financial news now, stock news now, stock news, business news, financial news, © 2011 Financial Buzz. All rights reserved. No portion of FinancialBuzz.com may be duplicated, redistributed or manipulated in any form without our consent, violators will be prosecuted to the full extent of the law
Views: 15197 FinancialBuzzMedia

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