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NYSE vs NASDAQ - who has more "mega cap" listings?
 
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The two biggest stock exchanges in the world, in terms of total market capitalization value of the shares listed, are the New York Stock Exchange (NYSE) and the NASDAQ. But which of these two stock exchanges has the highest number of “mega caps”? Take your guess and find out in this Finance Storyteller video. Historically, the NYSE has always had the largest total market capitalization of companies listed, while the NASDAQ allows a far larger number of companies to be listed, particularly those that may be too small to meet the requirements of the NYSE. The NASDAQ also has far lower listing fees than the NYSE. What are “mega cap” companies? Well, these are the Big Dogs! A “mega cap” is a company with a market capitalization exceeding $100 billion, some would even say exceeding $200 billion. Let’s take a look at a subset of the top 25 companies in the world in terms of market capitalization, in the middle of May 2017. 15 out of these 25 companies have their primary listing in the US, so on either the NYSE or NASDAQ. Philip de Vroe (The Finance Storyteller) aims to make strategy, finance and leadership enjoyable and easier to understand. Learn the business vocabulary to join the conversation with your CEO at your company. Understand how financial statements work in order to make better stock market investment decisions. Philip delivers training in various formats: YouTube videos, classroom sessions, webinars, and business simulations. Connect with me through Linked In!
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.
How The Stock Exchange Works (For Dummies)
 
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Why are there stocks at all? Everyday in the news we hear about the stock exchange, stocks and money moving around the globe. Still, a lot of people don't have an idea why we have stock markets at all, because the topic is usually very dry. We made a short video about the basics of the stock exchanges. With robots. Robots are kewl! Short videos, explaining things. For example Evolution, the Universe, the Stock Market or controversial topics like Fracking. Because we love science. We would love to interact more with you, our viewers to figure out what topics you want to see. If you have a suggestion for future videos or feedback, drop us a line! :) We're a bunch of Information designers from munich, visit us on facebook or behance to say hi! https://www.facebook.com/Kurzgesagt https://www.behance.net/kurzgesagt How the Stock Exchange works Help us caption & translate this video! http://www.youtube.com/timedtext_cs_panel?c=UCsXVk37bltHxD1rDPwtNM8Q&tab=2
LIVE - Floor of the NYSE! Nov. 9, 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 ISM non-manufacturing index for October slowed slightly by 1.3 points to 60.3. Markets were mixed on weakness in the tech sector and as investors waited for election results. On Tuesday the JOLTS job openings report for September fell 3.9% to a little over 7 million, lower than expectations. Markets rose, however, trading volume was light as voters hit the polls. Ten year Treasuries yielded 3.22% and oil fell 1.5% to $62.18 a barrel. On Wednesday the EIA petroleum status report for the week ending November 2nd saw crude oil inventory surge 5.8 million barrels. Market rallied strongly with the Dow Industrials closing up 545 points. Investors believed a gridlocked Congress with power divided between the two parties will be better for the economy. Marijuana stocks rallied after Attorney General Jeff Sessions, a legalization critic, resigned. On Thursday jobless claims for the week ending November 3rd fell 1,000 to 214,000 and the Fed finished their meeting and did not change interest rates. In the Fed’s announcement, they downgraded business investment saying it has moderated from its strong level. Markets ended the day mostly lower. On Friday the producer price index for October showed a large jump of .6%, much higher than expectations and its largest monthly gain in six years. Markets opened lower as crude oil continued to fall which prompted worries of a global slowdown. Now let’s take a look at some stocks. Booking Holdings Inc. (NASDAQ: BKNG) reported its quarterly results on Monday, topping revenue estimates but missing on earnings. However, shares jumped by 7%, breaking $2,000. Revenue increased 11% year over year to $4.8 billion. Etsy Inc.’s (NASDAQ: ETSY) third quarter results, topped its estimates, reporting revenue of $150 million increasing 41% year over year. Net income declined by almost 23% year over year to 21 cents per share. Active sellers increased by 8% and active buyers increased by 17% year over year. Shares rose 10% after the release. Twilio Inc. (NYSE: TWLO) released its third quarter results after market close on Tuesday. Twilio beat estimates as well as provided a revised guidance, sending shares surging over 30%. The company reported revenue of $168 million, increasing 68% year over year and topping estimates of $150 million, with earnings per share of 7 cents, compared to a loss of 8 cents per share a year ago. Roku, Inc. (NASDAQ: ROKU) reported its results after market close on Wednesday. For the quarter, Roku reported revenue of $173 million with a per share loss of 9 cents. Active accounts outpaced estimates, reporting 23.8 Million. Despite topping estimates in both revenue and earnings, shares plunged by over 18%. TripAdvisor, Inc. (NASDAQ: TRIP) reported results on Wednesday and surpassed analysts’ estimates, sending shares surging over 15%. TripAdvisor reported revenue of $458 million, increasing 4% year over year and earnings per share of 72 cents, increasing 100% year over year and crushing estimates of 24 cents per share. © 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: 3601 FinancialBuzzMedia
LIVE - Floor of the NYSE! Oct. 26, 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 as financial and energy companies struggled while waiting for earnings season to kick in. In addition to trade issues with China, the killing of a journalist in Saudi Arabia’s Turkish consulate continued to stoke geopolitical worries. However, tech shares were the bright spot, pulling up the Nasdaq composite by .3%. On Tuesday, markets plummeted early after Caterpillar and 3M released disappointing quarterly results and forecasts. However, losses eased significantly after strong earnings by McDonald’s and Procter & Gamble. The Dow Industrials ended down 125 points and West Texas Intermediate crude fell 4.2% to $66.26 a barrel. On Wednesday new home sales for September declined 5.4% to an annualized 553,000 units, and the EIA petroleum status report for the week ending October 19th saw reserves jump 6.3 million barrels. The Fed released its Beige Book for September and it wasn’t as strong as recent Fed assessments. Consumer spending was described as modest and manufacturing and wage growth was described as modest to moderate. Investors were worried about the potentially slowing economy, and markets fell sharply with the Dow Industrials losing 608 points, erasing all of its gains for 2018. The Nasdaq Composite fell 4.4% and entered correction territory. Ten year Treasuries’ yield dropped seven basis points to 3.1%. On Thursday durable goods orders for September rose .8% and jobless claims for the week ending October 20th rose 5,000 to 215,000. The pending home sales index for September rose .5%. Markets roared back after tech companies calmed investors with solid earnings. The Dow Industrials rose 401 points, the S&P 500 gained 1.9%, and the Nasdaq Composite closed 2.95% higher. On Friday third quarter GDP came in at an annualized 3.5%, slightly higher than expectations, and real consumer spending was up 4%. Markets opened sharply lower on some disappointing quarterly results from the tech sector. Now let’s take a look at some stocks. Amazon.com, Inc. (NASDAQ: AMZN) on Thursday reported third quarter revenue that fell short of analysts’ estimates. The e-commerce giant said revenue rose 29% to $56.6 billion, however, expectations were $57.1 billion. Net income jumped more than 10 fold to $2.8 billion from $256 million year over year. Alphabet Inc. (NASDAQ: GOOGL) reported its third quarter financial results on Thursday with revenue increasing 21% to $33.7 billion, missing expectations of $34 billion. Advertising accounted for most of revenue, reaching almost $29 billion. Net income was $9.2 billion, or $13.06 per share. Microsoft Corporation (NASDAQ: MSFT) reported on Wednesday its quarterly earnings. Total revenue came in at $29.1 billion, beating estimates of $27.9 billion, and revenue growth across the company was strong, especially its cloud segment. Tesla, Inc. (NASDAQ: TSLA) reported its quarterly financial results and crushed estimates, sending shares 10.2% higher on Thursday. The stronger than expected earnings were due to Tesla’s Model 3 delivery and production, allowing it to return to profitability. Tesla reported revenue of $6.8 billion, increasing almost 129% year over year. Chipotle Mexican Grill, Inc. (NYSE: CMG) on Thursday reported third quarter results with same-store sales falling short of analysts’ estimates. Revenue increased 8.6% to $1.2 billion and the company said the increase was driven by new restaurant openings and a 4.4% increase in comparable restaurant sales. Net income was $38.2 million, or $1.36 per diluted share. © 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: 12976 FinancialBuzzMedia
LIVE - Floor of the NYSE! Oct. 5, 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 September increased nine-tenths of a point to 55.6 however the ISM manufacturing index decreased 1.5 points to 59.8. Construction spending for August rose .1% on top of the prior month’s .2% gain. Markets rallied as the U.S. and Canada finalized a trade deal to replace NAFTA, called the United States-Mexico-Canada Agreement. On Tuesday markets were mixed as stocks sensitive to trade issues continued to rally and the Dow Industrials closed at a record high. However, retailers declined after Amazon announced a minimum wage increase for all its employees. On Wednesday motor vehicle sales for September rose 4.8% to an annualized 17.4 million units, and the ADP employment report for September was very strong at 230,000 jobs. The ISM non-manufacturing index for September rose 3.1 points to 61.6, a record high, and the EIA petroleum status report for the week ending September 28th saw crude oil inventory rise 8 million barrels. 10 year Treasuries shot up nine basis points to 3.15% on the strong economic news. Markets remained mixed, however the Dow Industrials closed at a record high. On Thursday, jobless claims for the week ending September 29th declined 8,000 to 207,000 and factory orders for August increased 2.3%. The yield for Ten year Treasuries increased again to close at 3.19%, its highest level since 2011 and stocks fell sharply with the Dow Industrials losing 200 points and the Nasdaq Composite dropping 1.8%. On Friday nonfarm payrolls for September rose 134,000, much lower than expected, and the unemployment rate dropped to 3.7%. Average hourly earnings rose .3%. The 10-year Treasury yield rose to 3.22% and markets opened lower. Now let’s take a look at some stocks. Tesla Inc.’s (NASDAQ: TSLA) CEO, Elon Musk, settled with the SEC on Monday. Last week, the SEC charged Musk with securities fraud over his series of tweets about taking the company private. In the agreement, Tesla and Musk will both pay a $20 million fine and Musk will step down as Chairman. Musk accepted the terms of the deal without admitting or denying guilt. Tesla shares jumped 15% on Monday. General Electric Co. (NYSE:GE) removed John Flannery as Chairman and Chief Executive Officer on Monday after only a year in the position. Lawrence Culp succeeded Flannery, effective immediately. Additionally, the GE board appointed Thomas Horton as the Lead Director. Horton and Culp were members of the Board since April of this year. GE shares rose 13% on Monday following the management changes. PepsiCo, Inc. (NASDAQ: PEP) reported its third quarter results on Tuesday and topped estimates, but provided a weaker than expected guidance. Pepsi reported earnings per share of $1.59 on revenue of $16.5 Billion. Pepsi forecast revenue to grow 3% for the full year with earnings of $5.65 per share. Pepsi shares fell 2.7% on Tuesday. Barnes & Noble, Inc. (NYSE: BKS) announced a review process to evaluate strategic alternatives on Wednesday. A special committee was formed to explore the review process, established after interest from multiple parties to acquire the company. Barnes & Noble shares rose 22.8% on Thursday morning. Constellation Brands, Inc. (NASDAQ: STZ) reported its fiscal second quarter results and topped analysts’ estimates. The Company reported net sales of $2.3 billion, increasing 10% year over year and earnings of $2.87 per share, increasing 16% year over year. Constellation said the stronger quarter was led by strong growth in its beer segment. Shares were trading 5% higher 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: 9136 FinancialBuzzMedia
March 6, 2015 Financial News - Business News - Stock Exchange - NYSE - Market News
 
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March 6, 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 Nasdaq closed above 5,000 for the first time since the dot-com crash in March of 2000, while the Dow Industrials and the S&P 500 hit record highs. The ISM manufacturing index for February dropped to 52.9, the lowest level since January of 2014. Personal income for January increased .3% and personal spending fell .2%. The People’s Bank of China cut benchmark interest rates by .25%, in an attempt to halt deteriorating economic conditions in that country. On Tuesday, motor vehicle sales for February were down, with domestic vehicle sales coming in at 13.1 million, 300,000 units lower than January, and likely due to bad winter weather. On Wednesday, the ADP employment report for February was down 38,000 to 212,000, slightly below expectations. The ISM non-manufacturing index for February was up slightly to 56.9, pointing to continued strength in the services sector. On Thursday, the European Central Bank announced they will begin asset purchases next week of 60 billion euros a month. Jobless claims for the week ending February 28 rose 7,000 to 320,000, higher than expected. On Friday, the highly awaited employment report came out for February and nonfarm payrolls were 295,000 up 56,000 and the unemployment rate down .2% to 5.5%. Market were down on the news, fearing that the Fed will hike rates sooner due to the strong job numbers. Now let’s take a look at some stocks. GoPro, Inc. shares tumbled at the start of this week, closing below $40.00 on Monday, down nearly 5%, after Chinese electronics giant Xiaomi release their Yi Action Camera, a waterproof camera designed to compete with GoPro. Xiaomi’s new camera is currently only available for sale in China and costs only $64, less than half the cost of GoPro’s cheapest camera. Lumber Liquidators Holdings, Inc. stock slid the entire week following a report on CBS’s “60 Minutes” showing Lumber Liquidators’ laminate flooring that is made in China contains formaldehyde in greater amounts than permitted by California standards. Formaldehyde, is a known carcinogen. The company claims these accusations were falsely created by short sellers and intends to fight them. Alibaba Group Holding Limited shares dropped Tuesday after the company came under scrutiny regarding the validity of its sales volume due to “fake” orders placed with the company. At the same time, the Taiwanese government accused the company of violating investment rules by registering through a Singapore-based holding company in order to hide its Chinese ownership. Alcoa Inc., saw their stock down more than 6% Wednesday after analysts at Bank of America lowered their stock rating from “buy” to “neutral” while also cutting their price target from $20 to $17. B of A stated that “worsening aluminum fundamentals” was the reason for the downgrade. March 6, 2015 Weekly Stock Market Wrap-up: GoPro Inc. (NASDAQ:GPRO) Lumber Liquidators Holdings Inc. (NYSE:LL) Alibaba Group Holding Ltd. (NYSE:BABA) Alcoa Inc. (NYSE:AA) 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: 6660 FinancialBuzzMedia
September 18, 2015 Financial News - Business News - Stock Exchange - NYSE - Market News
 
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September 18, 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 Monday was slow as many traders took the day off due to a religious holiday, and investors waited for the results of the Federal Reserve meeting later in the week. Markets closed the day down modestly. On Tuesday, retail sales for August were up .2%, compared to the prior month’s .7% gain, and industrial production for August was down .4%, compared to the prior month’s .9% gain. Despite this, markets closed up strongly with the Dow Industrials gaining 228 points. On Wednesday, the consumer price index for August was down .1%. The Fed started their two-day meeting and markets closed up again strongly with the Dow Industrials gaining another 140 points. On Thursday, housing starts for August fell 3%, however, housing permits rose 3.5%. Jobless claims for the week ending September 12th were down 11,000 to 264,000. Thursday afternoon, the Fed concluded its meeting and left interest rates unchanged. Inflation remains softer than the Fed would like, even though employment is making steady gains. The U.S. dollar fell about 1% on the news, Treasuries rallied, and stocks ended the day mixed. On Friday, markets opened sharply lower as investors were concerned that the failure of the Fed to raise rates pointed to further weakness in the economy. Now let’s take a look at some stocks. General Motors Company shares rallied this week after the U.S. automaker settled a Department of Justice investigation of their defective vehicle ignition switches. General Motors agreed to pay $900 million to settle the dispute and also allow an independent monitor to oversee GM’s operations for three years. The defective switches have been linked to 124 deaths. Expedia Inc. shares surged after U.S. regulators approved the company’s acquisition of its competitor, Orbitz, for $1.3 billion. Orbitz will no longer be listed on the New York Stock Exchange following the completion of the acquisition. Cablevision Systems Corporation stock shot up more than 15% on Thursday and reached a new 52-week high, after being acquired by French cable company, Altice. Altice acquired Cablevision for $34.90 per outstanding share, a 22% premium relative to Cablevision’s Wednesday closing price. The deal is worth $17.7 billion. Rite Aid Corporation shares were down as much as 10% on Thursday after reporting their second quarter financials and missing estimates, while also lowering their full-year forecast. Rite Aid reported earnings of $21.5 million or $0.02 per share, while analysts’ expected $0.04 per share. Verizon Communications’ stock dropped 1.8% Thursday, following a statement by the company that earnings for next year may “plateau” due to changes in consumer demands. The company will also be exploring new markets to cope with evolving demands. Verizon also stated that the sale of some of their assets to Frontier Communications might affect earnings. © 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: 29247 FinancialBuzzMedia
LIVE - Floor of the NYSE! June 29, 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 new home sales for May rose 6.7% to an annualized 689,000 units. Reports that the Trump administration will propose limits on China’s ability to invest in U.S. technology sent markets tumbling. Markets gained back some losses, after White House trade adviser Peter Navarro said there were no immediate plans to prevent China from investing. Nevertheless, the Dow Industrials finished down 328 points and closed below its 200-day moving average for the first time since June 2016. On Tuesday the Case-Shiller home price index for April rose .2% compared to the prior month’s .4% gain. Consumer confidence for June fell 2.4 points to 126.4 on softening expectations for income. U.S. crude shot up 3.5% to $70.48 a barrel after the State Department ordered all companies, both domestic and foreign, to halt imports of Iranian oil by this November. Markets rose slightly, but investors were still cautious due to the seemingly mixed messages regarding trade. On Wednesday durable goods orders for May declined .6% on top of the prior month’s 1.0% loss, and the EIA petroleum status report for the week ending June 22nd showed crude oil inventory declining a sharp 9.9 million barrels. On Thursday, the third estimate of the first-quarter GDP was revised down two-tenths of a percent to 2.0% and jobless claims for the week ending June 23rd rose 9,000 to 227,000. U.S. crude continued to rise, closing at $73.34 a barrel. On Friday personal income for May rose .4% and consumer spending rose .2%. The PCE price index rose .2%. Markets opened sharply higher on strength in the banking sector. Now let’s take a look at some stocks. AT&T (NYSE: T) announced on Monday that it has entered into an agreement to acquire AppNexus. AppNexus will become part of AT&T’s advertising & analytics, led by Brian Lesser, CEO. AppNexus is a technology company that operates a global advertising marketplace and provides enterprise products for digital advertising. EdR (NYSE: EDR) on Monday announced that it has entered into a merger agreement to be acquired by Greystar Student Housing Growth and Income Fund, LP. The transaction is all-cash valued at approximately $4.6 billion, including debt to be assumed or refinanced. Puma Biotechnology, Inc. (NASDAQ: PBYI) announced on Tuesday that a committee within the European Medicines Agency (EMA) has recommended the approval of a marketing application for Neratinib. The drug is an adjuvant treatment of early stage HER2-positive breast cancer. Shares of Puma Biotechnology rose to over $64 after the announcement. Sonic Corp. (NASDAQ: SONC) on Tuesday announced results for its third quarter ending May 31st. Net income per diluted share increased 32% to $0.58 versus $0.44 in the prior-year period. The company repurchased 1.5 million outstanding shares. Shares fell below $33 on Wednesday post announcement. The Madison Square Garden Company (NYSE: MSG) announced on Wednesday that its board of directors has authorized the Company’s management to explore a possible spin-off that would create a separately-traded public company comprised of its sports businesses, including the New York Knicks and New York Rangers. Shares of The Madison Square Garden Company reached an all-time high of $304.45. © 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: 20765 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: 15192 FinancialBuzzMedia
August 5, 2016 Financial News - Business News - Stock Exchange - NYSE - Market News
 
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August 5, 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, the first day of August, U.S. stocks were mixed amid falling oil prices. The ISM manufacturing index came in at 52.6, slightly below estimate, but any number above 50 indicates expansion. The Markit PMI manufacturing index reading for July came in at 52.9. Construction spending for June declined 0.6 percent. Oil prices were under pressure Monday, with U.S. crude futures settling 3.7 percent lower. On Tuesday stocks extended losses but even with the falls, stocks moved less than 1% for a record-breaking 14th straight day. Oil dropped below $40 for the first time since April. Auto sales came in at 17.88 million on an annualized basis, beating expectations. Personal income rose 0.2% in June, while personal spending rose 0.4%. On Wednesday sharp rebound in oil prices gave stocks a lift, as the Dow finally snapped its 7-day losing streak. ADP Private Payrolls increased by 179,000 jobs. The reading on the non-government labor market was higher than the 176,000 expected by economists. On Thursday stocks were flat despite a rise in oil prices. Jobless claims jumped 3,000 to 269,000, but claims have been below the key 300K benchmark of a healthy labor market for 74 weeks. New factory orders fell 1.5% in June. On Friday job creation crushed estimates as the U.S. economy added 255,000 jobs in July. The unemployment rate remained unchanged at 4.9%. The Dow was up triple digits after the jobs report. Kate Spade (NYSE: KATE) shares fell over 18% after the company reported a lower-than-expected profit. While net sales increase 13.7 percent to $320 million, comparable-sales growth still came to an abrupt slowdown during the latest quarter and fell short of analysts' estimates. The company also slashed its full-year profit and sales forecasts. Verizon (NYSE: VZ) will buy GPS vehicle tracking company FleetMatics (NYSE: FLTX) for about $2.4 billion in cash. Verizon hopes the purchase will help the company expand into the connected vehicle and fleet management market. Verizon will pay $60 per FleetMatics share; the deal is expected to close in the fourth quarter of 2016. Pfizer (NYSE: PFE) this week announced it had acquired a private biotech firm Bamboo Therapeutics. The $150 million deal hopes to highlight Pfizer’s presence in the research of gene therapy. Along with this payment, Bamboo may also receive potential payment of as much as $495 million if Bamboo’s therapies clear various testing and regulatory benchmarks. Amkor Technology (NASDAQ: AMKR) jumped more than 15% on Tuesday after the company reported better-than-expected earnings and guidance, thanks to stronger Android smartphone demand and a quicker recovery from their earthquake-damaged factories in Kumamoto, Japan. Net income was $4.7 million, and revenue rose 24.5% to $917 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: 17798 FinancialBuzzMedia
September 9, 2016 Financial News - Business News - Stock Exchange - NYSE - Market News
 
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September 9, 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, markets were closed due to a holiday. On Tuesday, the ISM non-manufacturing index was released for August and it was extremely disappointing, dropping more than 4 points to 51.4. This was its weakest reading since February 2010. Markets gained slightly on the news, as this strengthened the likelihood that the Fed will not raise rates in September. Brent oil fell slightly when the Saudi Energy Minister said that a production freeze was not currently needed, and the NASDAQ composite closed at a record high. On Wednesday, the JOLTS job report for July gained 4% to 5.871 million job openings. The Federal Reserve released its Beige Book, which described economic growth in July and August as modest, and wage pressures as modest. Companies also reported difficulty filling high-skill positions. Markets were mixed on the news, however, NASDAQ eked out a small gain to close at a record high. On Thursday, jobless claims for the week ending September 3rd fell 4,000 to 259,000 and the EIA petroleum status report for the week ending September 2nd dropped a very sharp 14.5 million barrels, and its biggest drop since January 1999. West Texas Intermediate Crude rose 4.7% to $47.62 a barrel on the news. The European Central Bank announced they would be keeping interest rates steady and did not discuss extending quantitative easing past its current expiration next March. On Friday Boston’s Federal Reserve president warned that the U.S. economy can overheat if tightening does not begin soon. Markets opened down sharply on the news. Now let’s take a look at some stocks. Shares of Alibaba Group Holding Limited (NYSE:BABA) continue to rise as the company reached a new 52 week high. On Alibaba’s online trading platform, Taobao, sales of counterfeit goods have long been an issue, with many trade groups urging the Chinese e-commerce giant to take action and crack down. The company will be working with several international anti-counterfeiting coalitions, in order to reduce counterfeit listings on its websites. Shares of Baidu, Inc. (NASDAQ:BIDU) surged 5% after the company announced a European expansion. The technology company has already capitalized on the Chinese market since Google left in 2010. In order to successfully penetrate foreign markets, Baidu can’t rely solely on its traditional search engine, but must also diversify its portfolio of services. On Wednesday, shares of airline company Delta Air Lines, Inc. (NYSE:DAL) were up over 5.8% after releasing earnings despite lowered guidance for the next quarter. As you may recall, this past August, the company had a power outage at its Atlanta data center, causing its booking and operations computers to go offline for nearly 5 hours. The overall cost for this recent outage was a whopping $150 million. American computer data storage company, Western Digital Corp. (NASDAQ:WDC) elevated its next quarter’s guidance to $1 to $1.05 per share, compared to its previous estimate of $0.85 to $0.90 a share. The company announced that its recent acquisition of SanDisk, had a positive impact on its consumer base and included a more favorable product mix. © 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: 24034 FinancialBuzzMedia
How Many Companies Are On The New York Stock Exchange?
 
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Trading approximately 1.46 billion shares each day, the New York Stock Exchange (NYSE) is the leading stock exchange in the world. The exchange trades stocks for some 2,800 companies, ranging from blue chips to new high-growth companies. New york stock exchange a z company listing advfn plcnew plc. What is the difference between nyse & nasdaq in terms of how do companies get listed on new york stock exchange (nyse) fxcm. The nyse as of 2014, over 1,860 companies are listed on the with a market cap $16. It's also home to many of the big blue chip evan spiegel and bobby murphy ring nyse opening bell company made its debut on new york stock exchange thursday, where it fitbit's watch sized devices can track how steps a wearer takes estimate jun 26, 2014 alibaba has amended s 1 filing selected for ipo, will list under symbol baba sep 12, 2017 (nyse) one world's largest corporate governance standards that require listed boards about 3,000 companies, both domestic foreign, are. Nyse composite index comprises only stocks which are listed on the nyse data from world federation of exchanges showed with market capitalization $13. Exchange nyse apr 28, 2017 whenever someone talks about the stock market as a place where equities are location of an exchange refers not so much to its street address but on other hand, companies perceived be less based in new york city, which is considered largest world total capitalization listed difference that stocks several exchanges. New york stock exchange wikipediathe nyse and nasdaq how they work investopedia. Nyse about listed nya_characteristics. Intercontinental exchange about our business investors media careers corporate citizenship ice futures & options trade clearing data new york stock company listings. New york stock exchange encyclopedia britannica. Here's the difference between nasdaq and nyse business new york stock exchange los angeles times. It is by far the world's largest stock exchange market capitalization of its listed companies at us$21. Cannabis company files to list on the new york stock exchange however, department of health has made many suggestions 2 instead a boisterous trading floor, these days us equity executives who their companies nyse differ whether choose an item chronology (1980 2002) analysis bonds listed at corporation & government. Trading approximately 1. New york stock exchange (nyse) investopedia. Alibaba to be listed on new york stock exchange cnet. These companies have a combined market capitalization of $15 trillion. Nyse listings directory stocks nyse listings_directory stock url? Q webcache. Trillion in market capitalization. Answers how many stocks are listed on the nyse? Quora. New york stock exchange inc facts, information, pictures nasdaq vs nyse difference and comparison. Why the new york stock exchange (nyse) still has human brokers nysedata factbook interactive viewer nyxdata. About 80 percent of companies listing on the nyse use a ticker symbol (apple as response to mar
LIVE - Floor of the NYSE! Oct. 19, 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 retail sales for September rose .1% on top of the prior month’s .1% gain. The Empire State manufacturing survey for October rose 2.1 points to 21.1. Business inventories for August rose .5% on top of the prior month’s .7% gain. Tech stocks led markets down and the Dow Industrials closed 89 points lower. On Tuesday industrial production for September increased .3%, the housing market index for October rose 1 point to 68, and the JOLTS job openings report for August increased almost 1% to a record 7.136 million. Markets soared as some large companies released strong quarterly earnings. The Dow Industrials gained 547 points and the Nasdaq Composite rose 2.9%. On Wednesday housing starts for September declined 5.3% to an annualized 1.201 million units and the EIA petroleum status report for the week ending October 12th saw crude oil inventory rise 6.5 million barrels. The Federal Reserve released minutes from its meeting last month and held steady with the need to continue raising rates. Policymakers discussed the possibility of at some point raising rates beyond normalization levels if the economy becomes overheated. In addition, the word accommodative was removed from the description of policy because Fed members thought it would create a false sense of precision of what exactly the neutral policy rate should be. Markets were mixed on the news, and the yield on 10-year Treasuries rose to 3.19%. On Thursday jobless claims for the week ending October 13th fell 5,000 to 210,000. Markets fell sharply as investors were nervous over rising interest rates, and trade tensions with China. China’s economy reported a slowing GDP and concerns are rising that it could drag down global growth. The Dow Industrials closed down 327 points. On Friday existing home sales for September fell 3.4% to an annualized 5.15 million units. Markets opened sharply higher on strong corporate earnings. Now let’s take a look at some stocks. On Monday, Adobe Inc. (NASDAQ: ADBE) announced at its Adobe Max event updates to its Creative Cloud application. Along with the updates, Adobe introduced a new editing application: Adobe Premiere Rush. At the event, GoPro also announced news that it will be collaborating with Adobe to bring its video clips to the Adobe Stock marketplace. Adobe shares traded 7.1% higher on Monday. The Goldman Sachs Group, Inc. (NYSE: GS) reported its third quarter results on Tuesday and topped analysts’ estimates, sending shares 1% higher. The company reported revenue of $8.65 billion and earnings per share of $6.28. The stronger than expected quarter was driven by higher revenue in the bank’s Investment Banking and Investment Management units. Netflix Inc. (NASDAQ: NFLX) reported its third quarter financial results after market close on Tuesday, with diluted earnings per share of 89 cents on revenue of $3.9 billion. The stronger than expected results were driven by its international user growth, as it added 5.9 million new users, for a total of 78.6 million users. Shares were up 7.2% on the news. International Business Machines Corporation (NYSE: IBM) announced its third quarter results on Tuesday that missed analysts’ estimates and sent shares down more than 7%. The company had three previous consecutive quarters of revenue growth, but found itself again with declining revenue. IBM reported that revenue fell by 2% to $18.8 billion with $3.42 EPS. Tesla Inc. (NASDAQ: TSLA) CEO Elon Musk finalized his settlement with the SEC on Tuesday. Under the agreement, Musk and Tesla will both pay a $20 million fine and Musk will step down as Chairman. Along with the settlement, Musk announced he will also purchase $20 million worth of Tesla’s common stock. © 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: 10568 FinancialBuzzMedia
March 13, 2015 Financial News - Business News - Stock Exchange - NYSE - Market News
 
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March 13, 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 Monday was the 6th birthday of the bull market in U.S. stocks; the S&P has climbed about 206% since 2009. Stocks bounced back from last week’s selloff with no major economic data releases to rock the boat. But the roller coaster ride started on Tuesday when stocks plunged 1.5%, erasing their entire gains for the year so far. Markets couldn’t shake off the pressure from a surge in the dollar and weakness in oil. On Wednesday the dollar continued its relentless rally and the euro touched a new 12-year low. On Thursday retail sales declined 0.6% in February but cheap gasoline prices are not to blame this time; it was the latest auto sales number, which dropped 2.5%. Initial jobless claims fell a very steep 36,000 in the first week of March to 289,000. Stocks rallied into the close after a shaky two days; the rebound was probably in response to many investors who think the Fed will not be raising interest rates due to the mixed economic data. The roller coaster ride continued on Friday with the market trading off the dollar; U.S. Producer Price index for February showed a decline of 0.5 percent, missing earlier estimates. Now some company highlights: First, Apple unveiled its first smartwatch and a new MacBook Air in a media event on Monday. Tim Cook said the watch is Apple’s most personal device; but it was also positioned as a fashion accessory. Apple Watch is the company’s first all-new product since iPad launched in 2010. Barnes & Noble, the bookstore dropped 10% on Tuesday as earnings came in below Wall Street’s forecasts. The bookstore had planned to spin off its college books business by August, along with its Nook tablets and e-book section. But the company had to pay 55 percent more income tax in the third quarter. Barnes & Noble said its bottom line was hurt by higher tax bills. Lumber Liquidators, which was battered by a "60 Minutes" report on the safety of its flooring products, continues to trade in volatile pattern, driven by commentaries both positive and negative, on the future of the company. Lumber Liquidators has been trying to repair its reputation over product safety issues, by saying they will now allow customers to freely test their products to ensure its safety. Warren Resources jumped 13.9 percent on Wednesday after the oil and gas company beat earnings projections. Warren Resources produced about 9.1 billion cubic feet of gas equivalent in the fourth quarter. The New York based company posted a revenue of $41 million. March 13, 2015 Weekly Stock Market Wrap-up: Apple (NASDAQ: AAPL) Barnes & Noble (NYSE: BKS) Lumber Liquidators Holdings Inc. (NYSE:LL) Warren Resources (NASDAQ: WRES) 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: 7657 FinancialBuzzMedia
September 25, 2015 Financial News - Business News - Stock Exchange - NYSE - Market News
 
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Published on Sep 25, 2015 September 25, 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 existing home sales for August were down 4.8%, however, year-over-year sales are still at a strong plus 6.2%. Uncertainty over the Fed’s handling of interest rates dominated markets, but the Dow Industrials ended up 125 points. On Tuesday, fears of a weakening economy persisted, with crude oil falling along with commodities, copper, in particular, dropping more than 3.5%. A new report from the Asian Development Bank also cut its growth forecast for China by .4% down to 6.8%. Markets ended the day down strongly, with the Dow Industrials off 179 points. On Wednesday, the September PMI flash index for manufacturing held steady at 53, slightly in positive growth territory. Another PMI manufacturing report for China showed a drop to a 6.5 year low of 47 in September. This put downward pressure on oil and commodities, with crude declining over 4% to $44.48 a barrel. Markets ended the day modestly lower. On Thursday, durable goods orders for August declined 2% compared to the prior month’s 1.9% gain, new home sales for August were up 5.7%, and jobless claims for the week ending September 19th were up 3,000 to 267,000. After markets closed, Fed Chair Janet Yellen said she anticipates an increase in the federal funds rate later this year. Markets ended the day lower, with the Dow Industrials falling 78 points. On Friday, the final revision to the 2nd quarter GDP was increased another .2% to 3.9%. Stocks opened strongly higher as investors felt reassured by Fed Chair Yellen’s prior comments. Now let’s take a look at some stocks. Pandora Media Inc. (NYSE:P) shares jumped more than 5% Monday before pulling back slightly, after it was announced that there has been a positive development in a trial regarding how much music royalties Pandora and other internet radio companies will have to pay. The decision is expected to be announced by the middle of December. Groupon Inc. (NASDAQ:GRPN) stock fell the entire week after the company announced that it was going to slash 1,100 jobs, approximately 10% of its workforce, and close operations in 7 countries. The online deals company has been struggling as competition continues to increase from Living Social and Amazon. Microsoft Corporation (NASDAQ:MSFT) announced Thursday that it is partnering with Baidu, China’s largest search engine, to help increase the transition of China’s Windows users to its latest operating system, Windows 10. Baidu will now provide a quick Windows 10 install option, to its 600 million users, while Microsoft will make Baidu its default search engine and homepage for the Windows Edge browser. Caterpillar Inc. (NYSE:CAT) shares dropped Thursday, reaching a new 52-week low of $64.65 after the company lowered its full-year guidance and also announced that it will be eliminating up to 5,000 jobs between now and the end of 2016. Caterpillar also warned that the job cuts could potentially reach 10,000 and last until 2018. Twitter Inc. (NYSE:TWTR) shares fell as much as 5% on Thursday after Citi analysts lowered their target price from $37 to $30 per share. Citi, however, maintained their neutral rating for the stock. Citi believes that the social media company will continue to struggle to monetize its operations. © 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: 15492 FinancialBuzzMedia
August 26, 2016 Financial News - Business News - Stock Exchange - NYSE - Market News
 
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August 26, 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 trading volume was extremely light and there wasn’t much economic data, however, U.S. crude dropped 3% to $47.05 a barrel and 10 year Treasuries yielded 1.54%, as investors basically waited for Janet Yellen’s speech on Friday. On Tuesday, the PMI manufacturing flash for August slowed by 8 tenths of a point to 52.1 and new home sales for July were up 12.4% to an annualized 654,000 units. This is the highest level of new home sales in almost 9 years. On Wednesday, existing home sales for July fell 3.2% to an annualized 5.39 million units and the EIA petroleum status report for the week ending August 19th showed a decline in crude oil inventories of 2.5 million barrels. On Thursday, jobless claims for the week ending August 20th fell 1,000 to 261,000 and durable goods orders for July were up 4.4%, compared to the prior month’s 4.2% decline. Market trading volume was low, and volatility was low, with the VIX remaining below 15 for 36 days, the longest since 2014. On Friday, the second estimate of the second quarter GDP was revised down .1% to 1.1%. The much anticipated speech by Fed Chair Janet Yellen revealed that the Federal Reserve believes that the case for an increase in the federal funds rate has strengthened, however, traders were already expecting this. Markets were up modestly on the news. Now let’s take a look at some stocks Shares of technology retailer Best Buy (NYSE: BBY) jumped 16% after the company released their quarterly earnings and impressed with better than expected sales. Best Buy pulled in $8.5 billion in revenue, about the same as last year, but shareholders were particularly happy with the company’s online sales, which jumped 24% in the latest quarter. That marked the second straight quarter with online growth above 20%. Shares of Tesla (NASDAQ: TSLA) spiked Tuesday after the electric car maker announced new versions of the Model S and the Model X which will achieve longer ranges. The Model S P100D, includes a 100 kWh battery with an estimated 315 mile range. The Model X P100D also has a special mode which enables the car to go from 0 to 60 miles per hour in 2.9 seconds. Shares of Tableau Software (NYSE: DATA) jumped about 10% Tuesday, as the data visualization company announced that a new CEO will be in charge and the original founders will give up day to day control. The new executive officer is Adam Selipsky, an 11-year veteran of Amazon most recently as VP of Marketing, Sales, and Support for Amazon (NASDAQ: AMZN) Web Services. Lannett Company’s (NYSE: LCI) stock jumped 15% after the generic-drug maker reported financial results for its fiscal 2016 fourth quarter and full year ending June 30. Lanett’s sales jumped 70% year over year thanks to the acquisition of Kremers Urban Pharmaceuticals. Tiffany & Co. (NYSE: TIF) reported its second quarter financial results ending July 31st, on Thursday. Sales missed analysts’ estimates, however, profits unexpectedly rose. The rise in profit was due to a recent drop in raw materials’ prices and lower selling and administrative costs. Shares of the company surged more than 7%. © 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: 37299 FinancialBuzzMedia
LIVE - Floor of the NYSE! July 6, 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 June fell 1 point to 55.4, however, the ISM manufacturing index for June gained 1.5 points. Construction spending for May rose .4% on top of the prior month’s .9% gain. The battle between a strong economy and trade war worries kept market gains subdued, with the Dow Industrials closing 35 points higher. On Tuesday motor vehicle sales for June jumped 3.5% to an annualized 17.5 million units and factory orders for May rose .4% compared to a .4% decline a month ago. Tech shares declined sharply as Micron fell on the news that a Chinese court has temporarily banned the sale of Micron chips in China. Trading volume was very light as U.S. markets closed early. Wednesday, markets were closed for the fourth of July holiday. On Thursday the ADP employment report for June showed job growth of 177,000, while jobless claims for the week ending June 30th increased 3,000 to 231,000. The ISM non-manufacturing index for June rose one-half point to 59.1 and the EIA petroleum status report for the week ending June 29th showed crude oil inventory rising 1.2 million barrels. The FOMC released minutes from last month’s meeting showing that members intend to add an additional rate hike this year, for a total of two more. Inflation remains at the Fed’s 2% goal, although labor shortages are pushing up some wages. Markets rose strongly, with the Dow Industrials gaining 183 points, even though investors were nervous as U.S. trade sanctions with China were scheduled to begin on Friday. On Friday nonfarm payrolls for June increased a very strong 213,000 and the unemployment rate rose to 4%. Average hourly earnings increased .2%. Markets opened slightly higher on the news. Now let’s take a look at some stocks. Tesla Inc. (NASDAQ: TSLA) on Monday announced that it produced over 53,000 vehicles in the second quarter, up 55% from the previous quarter, and delivered over 40,000 vehicles. The electric vehicle maker almost tripled its Model 3 production during the second quarter. Tesla now expects to produce 6,000 Model 3 vehicles per week by August. Acxiom Corporation (NASDAQ: ACXM) shares jumped almost 30% in two days after Interpublic Group announced on Monday that it agreed to acquire the Acxiom Marketing Solutions business unit in a cash transaction valued at $2.3 billion. Interpublic expects the combination will result in attractive financial benefits and significant diversification. The transaction is anticipated to close before year-end 2018. Seadrill Limited (NYSE: SDRL) announced on Monday that it has emerged from chapter 11 bankruptcy after successfully completing its reorganization. The reorganization plan converted a significant amount of debt into equity and extended remaining debt maturities, providing the company with over $1 billion in fresh capital and leaving employee, customer, and ordinary trade claims largely unimpaired. Acuity Brands, Inc. (NYSE: AYI) announced on Tuesday that its fiscal third quarter net sales increased 5.9% percent to $944 million year-over-year. Operating profit declined 19.5% to almost $106 million year-over-year. Shares of Acuity Brands reached over $135 per share post announcement. AZZ Inc. (NYSE: AZZ) announced on Tuesday financial results for its fiscal first quarter. Revenue came in at $262 million, up 27.7% year-over-year, and net income increased 30.3% to $15.7 million, or $0.60 per diluted share, year-over-year. Shares of AZZ reached a new high of $52.40 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: 19747 FinancialBuzzMedia
How Many Companies Are Listed On The New York Stock Exchange?
 
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Trading approximately 1.46 billion shares each day, the New York Stock Exchange (NYSE) is the leading stock exchange in the world. The exchange trades stocks for some 2,800 companies, ranging from blue chips to new high-growth companies. Exchange nyse the difference is that are stocks listed on several exchanges. Cannabis company files to list on the new york stock exchange. The nasdaq is perceived as a high tech exchange and includes many firms that deal with jul 11, 2017 the new york stock are biggest exchanges in by value of listed companies, nyse two largest it's also home to big blue chip companies have a, symbol, open, high, low, close, net chg. Dec 26, 2008 there a total of 46,678 stocks traded in the member exchangesthe new york stock exchange (nyse) has larger market cap than nasdaq, for well established companies, more stable. What is the difference between nyse & nasdaq in terms of many companies are listed on new york stock exchange? . Con edison is the longest listed nyse although new york stock exchange and nasdaq are two largest exchanges in world by market value, older much larger of total capitalization stocks on was $4. Intercontinental exchange about our business investors media careers corporate citizenship ice futures & options trade clearing data trading approximately 1. Distribution of volume in most active stocks (. The exchange trades stocks for some 2,800 companies, ranging from blue chips to new high growth companies the york stock is an american located at 11 wall street, lower manhattan, city. It is by far the world's largest stock exchange market capitalization of its listed companies at us$21. New york stock exchange (nyse) investopedia. New york stock exchange wikipedia. Oct 19, 2016 cannabis company files to list on the new york stock exchange may be giving green light a listing. New york stock exchange a z company listing advfn plc nyse listings directory stocks listings_directory class "" url? Q webcache. New york stock exchange a z company listing advfn plcnew plc. 46 billion shares each day, the new york stock exchange (nyse) is the leading stock exchange in the world. In the united states but there are also companies from many other countries results 1 50 of 3134 find nyse and a complete list nasdaq, nyse, amex listed using company tool at nasdaq. Nysedata factbook interactive viewer nyxdata. Answers how many stocks are listed on the nyse? Quora. Like the fall of many foreign markets, dow suffered a 7. Nyse composite index comprises only stocks which are listed on the nyse apr 28, 2017 whenever someone talks about stock market as a place where equities location of an exchange refers not so much to its street address but accordingly, this considered be more thanks head start major u. Stock exchanges of the world and number listed companies nasdaq vs nyse difference comparison here's between business american stock exchange markets data center wsj. Among the many new issues listed at board, railroads account
Views: 22 Shanell Kahl Tipz
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: 17623 FinancialBuzzMedia
March 20, 2015 Financial News - Business News - Stock Exchange - NYSE - Market News
 
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March 20, 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 Empire State manufacturing survey for March was released, dropping by 11% and particularly weak with respects to new orders. Industrial production for February was up a weak %.1 and the capacity utilization rate fell slightly to 78.9%. On Tuesday, housing starts for February fell an unexpectedly sharp 17% to 897,000 units. However, building permits were up 3% to a little over 1 million units. Wednesday was the big day everyone was waiting for, the Fed finished its meeting and issued a statement without the word “patient”, implying that interest rate increases were coming soon. However, the statement maintained a dovish tone stating "an increase in the target range for the federal funds rate remains unlikely at the April FOMC meeting." In a news conference, Fed Chair Yellen said they are still looking for improvement in the labor market and higher inflation before raising the federal funds rate. Markets quickly shot up on the news, however, the dollar index slumped as much as 3% in a strong selloff. On Thursday, jobless claims for the week ending March 14 were virtually unchanged, up 1,000 to 291,000. Crude futures fell more than 3% to below $44 a barrel after news from OPEC raised fears of oversupply. On Friday, stocks open sharply higher as the dollar show signs of weakness. Now let’s take a look at some stocks. Netflix, Inc. shares slumped more than 3% at the start of the trading Monday after investment bank Evercore downgraded the online video streaming company from “hold” to “sell” and also slashed the company’s price target to $380 from $450. The downgrade was due to increased competition in the industry from existing and emerging distributors. General Electric Company saw its stock steadily increase this week following an announcement last Sunday stating that the company will sell its consumer-lending business in Australia and New Zealand to a group of investors in a transaction worth approximately $6.3 billion. The investing group consists of global investment firm Varde Partners based out of Minneapolis, KKR & Co. and Deutsche Bank. Kraft Foods Group, Inc.’s stock slumped on Wednesday after the company issued a recall for more than 6.5 million boxes of their Macaroni & Cheese following reports from customers that found small metal fragments inside. Thus far, no injuries have been reported but Kraft recommended that consumers should return the product to the store where it was purchased for an exchange or refund. Herbalife, Ltd. surged more than 12% Wednesday after the nutrition company won a dismissal of a lawsuit filed by a shareholder alleging that he lost money following the accusations made by hedge-fund manager William Ackman. Ackman claims Herbalife is a pyramid scheme, however, a U.S. District Judge in Los Angeles stated that the shareholder did not present credible evidence showing that Herbalife misrepresented itself. March 20, 2015 Weekly Stock Market Wrap-up: Netflix (NASDAQ: NFLX) General Electric Company (NYSE: GE) Kraft Foods Group Inc. (NASDAQ: KRFT) Herbalife Ltd. (NYSE: HLF) 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: 20146 FinancialBuzzMedia
January 10, 2014 Financial News - Business News - Stock Exchange - NYSE - Market News
 
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January 10, 2014 Financial News - Business News - Stock Exchange - New York Stock Exchange - Wall Street - 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 A leading portal for investing news, stock market news, Market Analysis and in depth looks at Emerging companies. Join us for the latest buzz in financial news around the world. FinancialBuzz.com with offices in New York City and Miami Florida was designed to provide information on the latest trends in Market News, Investing News, Personal Finance, Politics, Entertainment, in-depth broadcasts on Stock News, Market Analysis and Company Interviews. A pioneer in financially driven digital, video production and integration of social media, FinancialBuzz.com creates 100% unique original content. FinancialBuzz.com aims at becoming one of the largest financial news outlets around the world and focuses on providing sophisticated content to our loyal viewership. In a public financial market that requires extensive transparency and disclosures, FinancialBuzz.com provides one of the most internationally credible web outlets by reporting daily from various locations around the world; The New York Stock Exchange, NASDAQ and Hong Kong Exchanges to name a few. This week's wrap up from RK Walker: The markets this week didn't do much, in fact at the close of the first five trading days of the New Year last Wednesday, the S&P 500 was slightly below its close on December 31. On Friday, the much anticipated non-farm payroll report coming in at only 74,000 for December, down from 241,000 in November and way below analysts' expectations. Analysts are not quite certain what prompted the big drop, especially since most other economic indicators are doing quite well. Unemployment fell to 6.7%. On Monday, the Institute for Supply Management non-manufacturing index came in at 53 for December, down from 53.9 from the prior month and lower than analysts' expectations. Factory orders, however, rose 1.8%, higher than expected. On Tuesday, the U.S. trade deficit narrowed to $34.3 billion, as exports rose and imports of oil declined. Wednesday's ADP employment report was very strong, coming at 238,000 workers added to payrolls in December, up from November's 229,000. For the week ending January 4, jobless claims fell to 330,000, down 15,000 from the previous week. January 10, 2014 Weekly Stock Market Wrap up: Macy's (NYSE: M) T-Mobile U.S. (NYSE: TMUS) Ford Motor Co. (NYSE: F) The Men's Wearhouse, Inc. (NYSE: MW) Jos. A. Bank Clothiers (NASDAQ: JOSB) Micron Technology Inc. (NASDAQ: MU) Business News - Financial News - Stock Exchange - New York Stock Exchange -- Wall Street -- Market News 2014http://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: 44308 FinancialBuzzMedia
The U.S. Stock Exchanges
 
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The U.S. Stock Exchanges The U.S. stock market comprises three major stock exchanges for day trading. Stock exchanges are businesses that make their profits from commissions and services. The stock exchanges compete among themselves by appealing to different business niches. Each stock exchange has its own unique specialties, technologies, advantages, and, of course, disadvantages. If you’re looking for an introduction to day trading in the US, here’s your basic guide. Meet the New York Stock Exchange The New York Stock Exchange (NYSE) is located on the corner of Wall and Broad streets. It is the largest stock exchange in the world, based on the market value of the companies traded on it, and therefore the highest number of day traders participate on this exchange. The market value, known as market capitalization or “market cap,” multiplies the number of publicly held shares of stock by the exchange-traded price of each share. The market cap of stocks traded in the NYSE exceeded $21 trillion as of June 2017. The NYSE trading list comprises more than 3,000 companies. It wasn't so long ago that NYSE market orders were handled by humans known as floor traders. In those days, the execution time of an NYSE transaction could take up to two minutes. But the unavoidable has happened to the world's largest stock exchange. The revolution started slowly. Nasdaq, the United States’ first computerized stock exchange, became the model when it began operations in 1971. It took some time, but computers have now taken over most processes at the NYSE, despite strong opposition by the day traders. Computerized day trading has provided exactly what the public wanted: greater competition, fewer commissions, greater transparency, and higher execution speed. Meet the Nasdaq The Nasdaq (formerly known as NASDAQ when it was an acronym for National Association of Securities Dealers Automated Quotations) was established in 1971 as the world's first electronic stock exchange. Unlike the NYSE, it immediately computerized all of its trade processes. From that point on, day traders no longer needed to compete over each other’s shouts on the trading floor. Everything was push-button. The result: commissions slowly dropped, the quality of service improved, competition grew, and companies of a new type issued stocks and raised trillions of dollars. Within two decades, and with the proliferation of the internet, Nasdaq was accessible in the home of every trader. For the first time, the road to private trading was opened, day trading classes were being offered as were more services for beginner day traders. We can, in fact, say that the profession of day trading as we know it was born with Nasdaq’s founding. Meet the NYSE American The NYSE American was first established in 1842 as the American Stock Exchange. The NYSE acquired this stock exchange in 2008. NYSE American is now the NYSE's market for small-cap companies. Like the NYSE, it now has moved its processes to quick, effective computerized execution. --------------------------------------------------------------------------------------------------------- Subscribe for NEW You Tube trading lesson here: https://youtube.com/user/TradenetGlobalUK?sub_confirmation=1 --------------------------------------------------------------------------------------------------------- Helpful links: Join my trading group: Get education & a Funded Account: http://www.tradenet.com/join-funded-accounts/?affiliate_id=35955&affiliate_org=2&web_page=&placement=&campaign_id=7010O000000fKjw Watch my FREE live You Tube streaming Trading Room: https://www.youtube.com/c/TradenetGlobalUK/live Join a FREE 14 day trial in my live Trading Room: https://www.tradenet.com/14-day-free-trial/?affiliate_id=35955&affiliate_org=2&web_page=&placement=&campaign_id=7010O000000fKjw Watch all my lessons here: https://www.youtube.com/playlist?list=PLb9tmPwCEfFjZWiIEYa4BfF4BZX0F0mWz View the FREE "Part one" of my trading book "The Market Whisperer" here: http://books.tradenet.com/ Buy my best selling book at Amazon: https://www.amazon.com/dp/1540353524 Open a Colmex account (Non-US residents): https://services.colmexpro.com/registration/start.aspx Watch all my day trading live videos at: http://www.youtube.com/user/TradenetGlobalUK/videos Contact Tradenet: [email protected] Contact Meir Barak: [email protected] Visit our website: www.tradenet.com Germany: www.tradenet.de
October 14, 2016 Financial News - Business News - Stock Exchange - NYSE - Market News
 
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October 14, 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 U.S. crude rose 3.1% to settle at $51.35 a barrel, its highest level since July, 2015. The sharp gain was credited to comments by Russian President Vladimir Putin, stating that Russia is willing to back proposed caps on oil output by OPEC members. The Dow Industrials closed up 88 points on the news. On Tuesday, the dollar rose slightly on expectations of a December rate hike, and the 10 year Treasury note closed yielding 1.76%. Earnings season officially kicked off with Alcoa reporting disappointing numbers. Markets ended the day down sharply, with the Dow Industrials off 200 points. On Wednesday, the JOLTS job report for August showed job openings fell a sharp 7.3% to 5.443 million. The Federal Reserve also released minutes from last September’s meeting. Three of seven voting members wanted to increase rates, worried that if the Fed waits too long, it would have to play catch-up and raise rates too fast in the future, thus causing a recession. However, the other seven members argued that the economy is still growing slowly and that inflation is still low, and a rate hike is still premature. On Thursday, jobless claims for the week ending October 8th remained unchanged from the prior week at 246,000. Import prices for September rose .1% and export prices rose .3%. On Friday retail sales for September were up .6%, compared to the prior month’s .3% drop, and the producer price index was up .3%, compared to the prior month remaining unchanged. Markets were up sharply after strong earnings were reported by some large banks. Now let’s take a look at some stocks. On Tuesday, Alcoa Corporation (NYSE:AA) posted its final quarterly results before splitting into two companies and worse-than-expected earnings and revenue sent the stock down more than 10%. The 128-year-old aluminum maker said revenue fell 6% to $5.2 billion, missing analysts’ projection of $5.3 billion. The company also said the worse-than-expected revenue was due to the impact of closed operations and lower alumina pricing. American public furniture and electronics rent-to-own company, Rent-A-Center, Inc. (NASDAQ:RCII) warned investors that the company will miss on third quarter earnings per share. The company estimated its core U.S. same store sales for the quarter to be down approximately 12%. CEO Robert Davis commented that a new point-of-sale system experienced performance issues and outages that resulted in a larger than expected negative impact on core sales. Shares were down over 30% after the announcement. On Wednesday, Wells Fargo & Co (NYSE:WFC) CEO John Stumpf resigned due to the ongoing scandal caused by Wells Fargo employees creating about two million fake accounts without customers' knowledge. Stumpf’s response to the scheme was severely criticized by Senator Elizabeth Warren, who called Stumpf a "gutless leader" who "should be criminally investigated." Progressive Corp. (THE) (NYSE:PGR), an insurance holding company, announced quarterly earnings of $0.34 per share, missing consensus estimates by $0.02. The company made $6.05 billion during the quarter, beating analyst estimates of $6.04 billion with a net margin of 4.8% and a return on equity of 13.6%. © 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: 18018 FinancialBuzzMedia
LIVE - Floor of the NYSE! August 3, 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 pending home sales index for June rose .9% compared to the previous month’s .5% decline. Markets dropped with the tech sector hit particularly hard as investors stared to pause and examine recent run-ups in valuations. The Nasdaq Composite lost 1.4%. On Tuesday personal income for June increased .4% on top of the prior month’s .4% gain. Consumer spending increased .4% on top of the prior month’s .5% gain, and the PCE price index rose .1%. The employment cost index for the second quarter rose .6% and consumer confidence for July rose 1 point to 127.4. The Case-Shiller home price index for May rose .2%. Markets rose on a report that said the U.S. and China were trying to restart talks aimed at preventing a full-blown trade war between the two countries. On Wednesday the ADP employment report for July showed a 219,000 increase in private payrolls, and construction spending for June declined 1.1%. The PMI manufacturing index for July declined one-tenth of a point to 55.3 and the ISM manufacturing index for July also declined, losing 2.1 points to 58.1. The FOMC finished their two-day meeting and, as expected, did not raise interest rates. The Fed described both economic activity and household spending as strong, which was better than previous reports. Markets declined, however, as news broke that the Trump administration is considering raising tariffs on Chinese goods from 10% to 25%. On Thursday jobless claims for the week ending July 28th increased 1,000 to 218,000 and factory orders for June rose .7% on top of the previous month’s .4% gain. Markets rose, especially the Nasdaq Composite as Apple became the first U.S. publicly traded company to reach a $1 trillion market value. On Friday nonfarm payrolls for July increased 157,000, below expectations, and the unemployment rate ticked down to 3.9%. Average hourly earnings increased by .3%. Markets opened modestly higher on the news. Now let’s take a look at some stocks. Shopify Inc. (NYSE: SHOP) announced on Tuesday financial results for its second quarter with total revenue of $245 million, a 62% increase year-over-year. Subscription Solutions revenue grew 55% to $110.7 million. Apple, Inc. (NASDAQ: AAPL) announced on Tuesday, financial results for its fiscal third quarter. The company posted revenue of $53.3 billion, an increase of 17% year-over-year. Shares of Apple reached an all-time high of $208.38 on Thursday. SodaStream International Ltd., (NASDAQ: SODA) a manufacturer of home beverage carbonation systems, announced on Wednesday its quarterly results. Revenue increased 31.3% to $171.5 million, compared to $130.6 million a year ago. Operating income increased 89.1% to $31.8 million, compared to $16.8 million a year ago. SodaStream reached an all-time high of $115.48 per share on Thursday. Tesla Inc. (NASDAQ: TSLA) reported second quarter results on Wednesday and saw its automotive revenue increase by 23% over the first quarter and by 47% year-over-year. Services and other revenue increased by 25% year-over-year primarily due to higher used car sales. Tesla’s shares reached a high of $349.99 on Thursday. Teva Pharmaceutical Industries Ltd. (NYSE: TEVA) reported on Thursday, results for its second quarter with revenue of $4.7 billion, a decrease of 18%. Gross profit was $2.1 billion, a decrease of 28% year-over-year. Research and Development (R&D) expenses decreased 38% to $290 million. Shares of Teva fell to under $22 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: 21633 FinancialBuzzMedia
September 30, 2016 Financial News - Business News - Stock Exchange - NYSE - Market News
 
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September 30, 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, new home sales for August fell by 7.6% to an annualized 609,000 units, however, it was still considered a positive report because sales are up over 20% from a year ago. Investors were nervous awaiting the outcome of the first Presidential debate, and the markets fell, with the Dow Industrials closing down 166 points. On Tuesday, the Case-Shiller home price index for July remained unchanged month-over-month and increased 5% year-over-year, while consumer confidence for September rose 2.3 points to 104.1, its highest level in 9 years. A deal to limit oil production looked bleak and U.S. crude futures dropped over 2.5% to settle at $44.67 a barrel. Market rose on the news and the Dow Industrials gained 133 points. On Wednesday, durable goods orders for August remained unchanged, compared to the previous month’s 3.6% gain and the EIA petroleum status report for the week ending September 23rd showed crude oil inventories dropping by 1.9 million barrels. Oil surged with U.S. crude gaining over 5% to $47.05 a barrel on news that OPEC has reached a deal to cut production, its first cut in eight years. Markets rallied and the Dow Industrials closed 110 points higher. On Thursday, the second revision of the second-quarter GDP gave an unexpected surprise, being upwardly revised by three-tenth’s of a percent to 1.4%. Jobless claims for the week ending September 24th rose 3,000 to 254,000. Banking stocks fell as the future of Deutsche Bank was called into question after being hit with billions of dollars in fines from the U.S. Department of Justice. Markets were down sharply with the Dow Industrials closing off 195 points. On Friday personal income for August rose .2%, consumer spending remained unchanged, and the PCE price index rose .1%. Rumors also came out that Deutsche Bank was about to reach a settlement with the Department of Justice and markets rallied strongly on the news. Now let’s take a look at some stocks. Shares of Fitbit plummet over 9% after it was revealed that sales of the company’s latest wearable device, called Charge 2, are off to a sluggish start. Also, health insurer Aetna’s deal with Apple to reimburse policyholders for the purchase of Apple’s iWatch doesn’t look good for Fitbit. Nike, Inc. (NYSE:NKE) posted solid first quarter revenue and profits that topped estimates, however, future orders fell short of estimates, raising concerns. Nike’s stock was down 11% this year at Tuesday’s close, the worst performer on the Dow Jones Industrial Average. Clinical-stage biopharmaceutical, Galectin Therapeutics Inc. (NASDAQ:GALT) reported that its Phase 2a study called Nash-FX in regards to its GR-MD-02 therapy failed its main and secondary endpoints. The therapy is designed to help patients with various liver problems, including fatty liver disease and cirrhosis. Right after the announcement, shares of the company slid 50%. Paychex, Inc. (NASDAQ:PAYX) announced its first quarter earnings, missing expectations. The company reported earnings per share of $0.60 on revenues of $785 million, compared to consensus estimates of $0.57 per share on revenues of $782 million. Shares were down over 4%. Supply chain and electronics manufacturing services provider, SYNNEX Corp. (NYSE:SNX) has announced quarterly earnings beating analysts’ expectations. Shares were up over 7% after the company reported earnings per share of $1.73 on revenues of $3.7 billion, compared to consensus estimates of $1.56 per share on revenues of $3.5 billion. © 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: 43403 FinancialBuzzMedia
April 11, 2014- Business News - Financial News - Stock News --NYSE -- Market News 2014
 
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April 11, 2014 - Business News - Financial News - Stock News --NYSE -- Market News 2014 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 A massive sell off dominated most headlines this week, as investors continued profit taking. Hardest hit were the so called momentum stocks, referring to high-flying popular companies like Amazon (NASDAQ: AMZN), Google (NASDAQ: GOOG), Priceline (NASDAQ: PCLN), Apple (NASDAQ: AAPL), and Tesla (NASDAQ: TSLA). In addition biotechnology companies were affected. Analysts don't seem to think this is the end of the bull market, but rather an adjustment back to stocks with lower prices and better value. On Wednesday, the Federal Reserve released minutes of their March 19 meeting. Policy makers agreed to drop the unemployment target as a condition for raising rates. The minutes reiterated the belief that the Fed will remain very accommodating in its efforts to keep the recovery on track. On Thursday, jobless claims for the week ending April 5th was released at 300,000, a massive 32,000 drop from the prior week. This was the largest drop in more than 10 years and the lowest number since May 2007. China's March exports fell 6.6%, greater than expected, however, it's partly due to regulators removing inflated data in an attempt to make numbers more accurate. On Friday, the Producer Price Index for March rose .5%, much higher than expectations. JPMorgan (NYSE: JPM) also said its first quarter profit fell 19% and revenue fell to $5.2 billion from $6.5 billion compared to a year ago. Markets opened lower on the news. April 11, 2014 Weekly Stock Market Wrap up: Alcoa Inc. (NYSE: AA) Rite Aid Corporation (NYSE: RAD) Bed Bath & Beyond Inc. (NASDAQ: BBBY) Costco Wholesale (NASDAQ: COST) 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: 30879 FinancialBuzzMedia
LIVE - Floor of the NYSE! June 1, 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 Memorial Day. On Tuesday, the Case-Shiller home price index for March rose .5% on top of the prior month’s .8% gain. Consumer confidence for May rose 2.4 points to 128. In Italy, populist efforts to pursue an agenda not sanctioned by the European Union, and potentially threatening Italy’s continued membership in the EU, caused markets to panic. As buyers rushed to safety, the yield on U.S. 10-year Treasuries fell to 2.77% and the Dow Industrials closed down 391 points. On Wednesday the ADP employment report for May rose 178,000 and the second estimate of the first quarter GDP was revised down one-tenth of a percent to 2.2%. The Federal Reserve released its Beige Book and said growth in the U.S. is moderate and that even though there is a shortage of skilled workers, wage increases remained modest. Markets rallied and the Dow Industrials closed up 306 points. On Thursday jobless claims for the week ending May 26th fell 13,000 to 221,000, and the EIA petroleum status report for the week ending May 25th saw crude oil inventory fall 3.6 million barrels. Personal income for April rose .3%, consumer spending rose .6%, and the PCE price index rose .2%. The pending home sales index for April fell 1.3%. The Trump Administration imposed tariffs on the European Union, Mexico, and Canada, sparking fears of another trade war. Markets closed lower with the Dow Industrials losing 251 points. On Friday nonfarm payrolls for May came in at 223,000, much stronger than expected, the unemployment rate ticked down to 3.8% and average hourly earnings increased .3%. Markets opened sharply higher on the news. Now let’s take a look at some stocks. Momo Inc. (NASDAQ: MOMO) announced on Tuesday its unaudited first quarter financial results. Net revenues increased 64% year over year to $435 million and net income increased 60% to $129 million. Monthly active users were 103.3 million in March 2018, compared to 85.2 million a year ago. Shares of Momo reached over $45 on Tuesday, post announcement. Dick’s Sporting Goods, Inc. (NYSE: DKS) reported on Wednesday fiscal first quarter earnings. The company raised its full year 2018 guidance and now expects earnings per diluted share of $2.92 to $3.12, a 12 cent per share increase from its previous range. eCommerce sales increased 24% during the first quarter. Dick’s Sporting Goods reached a new high of $38 per share after the announcement. Salesforce (NYSE: CRM) announced Tuesday results for its fiscal first quarter. The company raised is full year 2019 revenue guidance to about $13.1 billion. First quarter revenue of $3 billion was up 25% year-over-year and operating cash flow of almost $1.5 billion was up 19% year-over-year. Salesforce reached an all-time high of $132.55 per share on Wednesday morning. DSW Inc. (NYSE: DSW) on Wednesday announced fiscal first quarter revenue of $712 million, up 2.9% year-over-year while same store comparable sales increased 2.2%. Reported net income was $24.3 million, or $0.30 per diluted share. DSW shares fell to under $24 on the news. Box, Inc. (NYSE: BOX) announced late Wednesday, its fiscal first quarter results with revenue of $140.5 million, up 20% year-over-year. Cash flow from operations was up 116% to $18.4 million year-over-year. Box fell to under $25 per share 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: 25253 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.
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LIVE - Floor of the NYSE! Apr. 21, 2017 Financial News - Business News - Stock News - Market News
 
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Watch Us LIVE from the Floor of NYSE! April 21, 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 the Empire State Manufacturing Survey for April declined to 5.2 from the previous month’s 16.4 reading and the housing market index for April fell by 3 points to 68. The U.S. declined to label any countries currency manipulators, which sparked a decline in the value of the dollar, gold dropped slightly to $1,284 an ounce and U.S. crude settled at $52.65 a barrel. Markets closed up higher with the Dow Industrials gaining 183 points. On Tuesday housing starts for March fell 6.8% to an annualized 1.22 million units, although permits rose 3.6% to 1.26 million. Industrial production for March rose .5% on top of the previous month’s .1% gain. U.S. ten year Treasuries yield fell to 2.17% and markets dropped on some high-profile earnings misses. The Dow Industrials ended down 113 points. On Wednesday, the EIA petroleum status report for the week ending April 14th showed crude oil inventories falling 1 million barrels, and the Fed released its Beige Book for March. The report mentioned increasingly tight labor supplies, with businesses reporting difficulty finding both high and low skill employees. Economic growth was described as modest to moderate. Markets fell again on more mixed earnings news with the Dow Industrials falling 118 points. On Thursday, jobless claims for the week ending April 15th increased 10,000 to 244,000 and markets rose when Treasury Secretary Steven Mnuchin said the administration’s tax reform plans are progressing. With 16% of S&P 500 companies reporting their quarterly results, 79% exceed earnings estimates and 70% exceeded revenue expectations. Markets rallied with the Dow Industrial rising 174 points and the Nasdaq composite reaching a record high close. On Friday existing home sales for March rose 4.4% to an annualized 5.7 million units, the highest level seen since February 2007. Markets opened flat on the news. Now let’s take a look at some stocks. Netflix, Inc. (NASDAQ: NFLX) released its first quarter 2017 results, with earnings beating estimates and revenues in line with expectations. The streaming video service company reported 98.7 million new subscribers for the quarter versus analyst estimates of 98.9 million. The company’s stock price dropped on the news. Johnson & Johnson (NYSE: JNJ) announced its quarterly results, missing revenue estimates as the company reported disappointing pharmaceutical and consumer product sales. Stock value declined almost 4% reaching a low of $120.99 a share. Even though the company reported disappointing sales, they expect to be on track for their full year guidance. Verizon Communications Inc. (NYSE: VZ) may outbid AT&T’s $1.25 billion offer to buyout Straight Path Communications Inc. The wireless services company is in high demand as it has federal approval to install 5G on their wireless services. Straight Path communications reached an all-time high of $116.95 a share this week. Cabela's Incorporated (NYSE: CAB) agreed to be acquired by fellow outdoor goods retailer Bass Pro Shops for about $5 billion, $500 million lower than the price agreed upon last year. Bass Pro will pay Cabela $61.50 per share, adjusted down from the original price of $65.50 per share. The deal is expected to finalize in the third quarter this year. Goldman Sachs Group, Inc. (NYSE: GS) posted lower-than-expected revenue in the first quarter. Earnings per share of $5.15 were short of analyst forecasts of $5.31 as the company suffered from less trading activity due to low market volatility. Goldman Sachs shares fell over 5%, reaching a low of $213.36 on Tuesday. © 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: 14167 FinancialBuzzMedia
January 15, 2016 Financial News - Business News - Stock Exchange - Market News
 
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January 15, 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, stocks managed to just about hold even, stemming losses from the prior week which was the worst week for markets since 2011. Oil continued trending down as concerns over slowing growth in China point to less demand for commodities. On Tuesday the Labor Department’s JOLTS report for November showed job openings were up 1.5% to 5.431 million. Oil remained weak, and reports surfaced indicating that the People’s Bank of China intervened to help strength the yuan. Markets rallied on the news. On Wednesday, the Federal Reserve released its Beige Book, stating that consumer spending growth is moderate, held down by weakness in apparel sales. Auto sales were mixed, and wage and price inflationary pressures were low. Overall growth was rated as modest in 9 of the 12 districts. Brent crude briefly fell below $30 a barrel and then recovered to close at $30.31 a barrel. Markets ended the day sharply lower with the Dow Industrials shedding 364 points. All three U.S. averages closed more than 10% below their 52-week highs, making the market correction official. On Thursday, jobless claims for the week ending January 9th increased 7,000 to 284,0000. Import prices for December fell 1.2% and export prices fell 1.1%. Markets rallied strongly with the Dow Industrials gaining 227 points. On Friday, the producer price index for December was down .2%, retail sales were down .1%, and industrial production was down .4%. Oil also dropped and the Dow Jones Industrial average fell more than 350 points in the open. Now let’s take a look at some stocks. Shares of Cyberark Software Ltd (NASDAQ: CYBR) jumped 20% Wednesday after it was reported that Check Point Software Technologies is in initial talks to buy Cyberark. Officials from both companies declined to comment. If the deal goes through, it would be Check Point's largest acquisition to date. Cyberark’s market cap currently is $1.2 billion. Chipotle’s (NYSE: CMG) stock jumped more than 6% Wednesday after the popular burrito chain announced to investors and the public that they are confident that steps taken to tighten food safety will prevent future food poisoning outbreaks. Chipotle’s shares were down more than 44% within 3 months after the outbreak of E-Coli in its restaurant chain. GoPro (NASDAQ: GPRO) shares dived about 16% during mid-day trading on Thursday after the company reported to investors that they are going to miss revenue forecasts for the fourth quarter of 2015. The company’s cameras did not sell as well as predicted during recent holiday sales, and GoPro is hoping to improve its revenue with the release of new products in the virtual reality and drone markets. Netflix (NASDAQ: NFLX) was down more than 8% Wednesday after Morgan Stanley (NYSE: MS) downgraded the entire tech sector to underweight. Netflix’s shares were also impacted by the rumor that Apple (NASDAQ: AAPL) may be interested in purchasing Time Warner (NYSE: TWC), which will help the tech giant to start its own video streaming business and compete directly against Netflix. SolarCity Corp. (NASDAQ: SCTY) shares dropped more than 13% on Thursday after Nevada regulators upheld their decision to charge fees on solar rooftops. The fees took effect January 1st, and they are threatening the development of solar rooftops in the state. © 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: 49177 FinancialBuzzMedia
How Many Companies Are Listed On The New York Stock Exchange?
 
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There are stocks listed and traded on the nyse there in first of all, stands for new york stock exchange. Been a problem when the company filed in october, many believed download list of all companies on new york stock exchange including symbol and name market share consolidated tape trades (1976 2004). Foreign companies registered and reporting with the u. Telecom argentina stet verb exchange incviking keywest inc New york stock a z company listing advfn. About 80 percent of 21 nov 2016 a trader works on the floor new york stock exchange (nyse) in it had been approved, although nyse still won't discuss listing. Nysedata factbook interactive viewer nyxdata. Getting to know the stock exchanges investopedia. Distribution of volume in most active stocks (. The nyse and nasdaq how they work investopedia. History of the ny stock exchange (business reference services nasdaq vs nyse difference and comparison new york marketwatch topics. Companies listing on the nyse use a ticker symbol (apple inc. Stock name, symbol, country of originsmith corporation aos, usaten, us companies whose stocks are listed on the new york stock exchange (nyse). The nasdaq is perceived as a high tech exchange and includes many firms that deal with the company plans to list on new york stock exchange's small cap equity victims of whom were senior citizens into purchasing penny stocks 26 jul 2004 geographic listing by country incorporation. Legend nyse new york stock petrobras energia participaciones s. The history of the new york stock exchange external link securities traded in city with first listed company on nyse being bank (nyse) has a larger market cap than nasdaq, for well established companies, more stable stocks. Stock exchanges of the world and number listed companies how do get on new york stock exchange nyse becomes first major to list cannabis company symbols for [nyse] starting with a. Category companies listed on the new york stock exchange wikipedia. Instead, it acts as a market where stock buyers connect for example, u. Stock exchange, many of the oldest publicly traded companies are on nyse. Initially, the exchange set triggers to suspend trading for up a stock does not own shares. Intercontinental exchange about our business investors media careers corporate citizenship ice futures & options trade clearing data nyse new york stock prices quotes, market a to z company listings html clipboard. New york stock exchange a z company listing advfn. New york stock exchange (nyse) fxcm. Con edison is the longest listed nyse 26 dec 2008 have you ever wondered how many stocks are in major stock of new york exchange (nyse group), a worldwide market, merged with american and foreign exchanges into euronext. Trading results 1 50 of 3143 find nyse companies and a complete list nasdaq, nyse, amex listed using the company tool at nasdaq this is up to date as march 3, 2017. New york stock exchange nyse investopedia. How many stocks are listed on the nyse? Quoracompanies new yo
Views: 158 sparky feel
October 16, 2015 Financial News - Business News - Stock Exchange  - Market News
 
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October 16, 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, stock markets were open, however bond markets, banks and some business were closed due to the Columbus Day holiday. Trading was light, especially as investors waited for third quarter earnings to come in. The NASDAQ composite closed above its 50-day moving average for the first time since August 17th. On Tuesday, stocks pulled back a bit as data from China showed their dollar-denominated imports plunged 20.4% for September year-over-year, the 11th straight monthly decline. On Wednesday, retail sales for September grew an anemic .1%, while producer prices for September fell by .5%, their biggest drop in 8 months. In addition, bad news from Wal-Mart sent markets tumbling with the Dow Industrials closing 157 points lower. On Thursday, the consumer price index for September was down .2% month-to-month and was unchanged year-over-year. The Empire State manufacturing survey for October was once again below expectations, showing contraction for the third straight month at -11.36. Jobless claims for the week ending October 10th was the bright spot in economic news, coming in 7,000 lower than the previous week at 255,000. The four-week average is 265,000, which is also a 42-year low. Investors now speculate that the next Fed rate hike will be delayed into next year due to slowing economies, both here and abroad. On Friday industrial production for September was down .2%, and consumer sentiment for October was up over 5% to 92.1. Markets were slightly higher at the open. Now let’s take a look at some stocks Anheuser Busch Inbev SA (ADR) (NYSE:BUD), the world’s largest brewer, announced Tuesday that they have reached an agreement with SABMiller, their largest competitor. SABMiller will be acquired for about $104 billion. The newly-merged gigantic beer maker is projected to have annual revenues of $64 billion. Tripadvisor Inc. (NASDAQ:TRIP) shares rallied 26% Wednesday after announcing a strategic partnership with Priceline Group Inc. According to the terms of the partnership, users will be able to book accommodations from Priceline’s Booking.com website directly through TripAdvisor. Wal-Mart Stores, Inc.(NYSE:WMT) warned investors Wednesday of slowing growth. The company cut sales forecasts for the rest of the year, and also said earnings would experience pressure as a result of heavy investment in wages and e-commerce capabilities. Shares of the company plummeted 10%, its worst one-day drop in 17 years. Netflix, Inc.(NASDAQ:NFLX) reported 3rd quarter earnings Wednesday after the market close. The company revealed disappointing U.S. subscriber growth, and declining profits due to heavy investments into international expansion and new, original content. Netflix added a total of 880,000 domestic subscribers, significantly below the 1.15 million projected. Shares fell 3% Wednesday after-hours. Citigroup Inc. (NYSE:C) reported quarterly earnings of $1.31 per share, surpassing analysts’ expectations of $1.28 per share. Revenue fell 7.5% year-over year to $18.5 billion, but the bank also lowered its operating, legal and repositioning costs dramatically, which made up for the lower revenue. Citigroup shares surged 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: 17286 FinancialBuzzMedia
LIVE - Floor of the NYSE! June 30, 2017 Financial News - Business News - Stock News - Market News
 
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Watch Us LIVE from the Floor of NYSE! June 30, 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, durable goods orders for May fell 1.1%, on top of the prior month’s .9% decline. Treasury yields dropped on the news with the 10-year falling to 2.13%. On Tuesday, the Case-Shiller home price index rose .3%, on top of the prior month’s .5% gain and consumer confidence for June rose 1.3 points to 118.9, better than expected. However, reports that the senate will delay the vote to repeal and replace Obamacare until after the fourth of July recess sent markets down sharply. The Nasdaq composite was the biggest loser, falling more than 100 points, or 1.61%. On Wednesday, the pending home sales index for May fell .8%, its third straight monthly decline and the EIA petroleum status report for the week ending June 23th showed crude oil inventories increasing by 100,000 barrels. Banks soared ahead of anticipated positive results from stress tests conducted by the Federal Reserve, and markets closed sharply higher with the Nasdaq composite gaining over 87 points, or 1.43%. On Thursday, the final GDP revision for the first quarter of 2017 was released and it was raised .2% to 1.4%. Jobless claims for the week ending June 24th were up 2,000 to 244,000. Banks announced share repurchase plans as a result of passing stress-test requirements, however, tech shares sold off sharply dragging down markets. The Dow Industrials lost 167 points. On Friday personal income for May rose .4% while consumer spending rose .1%. The PCE price index declined .1%. Markets were mostly higher on the news. Now let’s take a look at some stocks. Seattle Genetics, Inc. (NASDAQ: SGEN) failed to impress investors in its Phase 3 results for ADCETRIS. Shares this week fell to under $53 after the company released a less than satisfactory progression free survival (PFS) rate when compared to industry standards for patients with Hodgkin’s Lymphoma. On Monday, shares of Avis Budget Group Inc. (NASDAQ: CAR) soared over 18% to as high as $29.32 per share after the company unveiled plans to collaborate with Alphabet Inc’s (NASDAQ: GOOGL) Waymo unit on self-driving automobiles. According to CNBC, the agreement will allow Waymo to use Avis locations for parking, cleaning and maintenance for the 600 deployed self-driving Chrysler Vans. The Delaware State Supreme Court ruled in favor of Chicago Bridge & Iron Co. (NYSE: CBI) when a deal between the company and Westinghouse went awry. In 2015, Westinghouse bought Chicago Bridge’s nuclear power plant construction business and then disputed the accounting valuation, attempting to renegotiate the deal. Chicago Bridge & Iron Co. shares surged Monday to over $20 on the ruling. Private equity firm Sycamore Partners will acquire the office supplies company, Staples, Inc. (NASDAQ: SPLS) for $6.9 billion. Sycamore Partners focuses on retail acquisitions such as Talbots, Hot Topic, and the Limited. Following the announcement on Wednesday afternoon, Sycamore’s shares surged and reached over $10. Walgreens Boots Alliance, Inc. (NASDAQ: WBA) abandoned its plans to merge with Rite Aid Corp. (NYSE: RAD) due to antitrust concerns. In a press release, Walgreens announced its plans to purchase 2,186 stores for $5.2 billion in cash. Walgreens surged on early trading Monday morning but quickly sold off. Rite Aid shares fell over 25% following 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: 15562 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: 25970 FinancialBuzzMedia
LIVE - Floor of the NYSE! Apr. 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, the PMI composite flash for April rose a half point to 54.8, and existing home sales for March rose 1.1% to an annualized 5.6 million units. Market fell on tech sector weakness and rising interest rates and the U.S. dollar rose. On Tuesday the Case-Shiller home price index for February rose .8% on top of the prior month’s .8% gain and new home sales for March rose 4% to an annualized 694,000 units. Consumer confidence for April rose 1.7 points to 128.7. Markets declined sharply as the yield on 10 year Treasuries rose above 3% for the first time since January 2014. Also, markets weren’t happy with Caterpillar’s guidance stating that the first quarter was as good as this year will get. On Wednesday the EIA petroleum status report for the week ending April 20th saw crude oil inventories increase by 2.2 million barrels. Markets traded mixed. On the one hand, interest rates continued to rise, and on the other, S&P 500 companies reporting earnings thus far have seen 81% beat analysts’ expectations. On Thursday durable goods orders for March increased 2.6% on top of the prior month’s 3.5% gain and jobless claims for the week ending April 21st fell 24,000 to 209,000. Markets were up on strong earnings from major tech companies. On Friday GDP for the first quarter came in at 2.3, higher than expectations, and the first quarter employment cost index was up .8%. Markets opened mixed, but turned lower after Exxon Mobile released disappointing earnings. Now let’s take a look at some stocks. Alphabet Inc. (NASDAQ: GOOGL) announced on Monday, its first quarter financial results with operating margin down to 22% compared to 27% percent a year ago due to increased growth in expenses from self-driving cars, hardware and cloud computing service initiatives. The company’s shares fell below $1,015 post announcement. Facebook, Inc. (NASDAQ: FB) reported financial results on Wednesday with daily active users at 1.45 billion on average for March 2018, an increase of 13% year-over-year. Mobile advertising revenue represented approximately 91% of advertising revenue for the first quarter, up from 85% a year ago. Facebook shares surged over 9% on Thursday. AMD (NASDAQ: AMD) announced first quarter earnings results late Wednesday. Revenue was $1.65 billion, up 40% year-over-year and 23% quarter-over-quarter, driven primarily by higher revenue in the Computing and Graphics segment. Net income was $81 million compared to net losses of $33 million a year ago. AMD surged to over $11 per share on Thursday. Chipotle Mexican Grill, Inc. (NYSE: CMG) reported first quarter financial results on Wednesday. Revenue increased 7.4% to $1.1 billion and net income increased to $59.4 million compared to $46.1 million a year ago.. The company opened 35 new restaurants and closed 2. Shares rose over $80 to a daytime high of $425.65 on Thursday. Amazon.com, Inc. (NASDAQ: AMZN) released financial results for its first quarter on Thursday. Net sales increased 43% to $51 billion in the first quarter, compared to $35.7 billion a year ago. Operating income increased 92% to $1.9 billion in the first quarter, compared to $1.0 billion a year ago. Amazon shares surged late Thursday, to over $1600 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: 9715 FinancialBuzzMedia
LIVE - Floor of the NYSE! Mar. 2, 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 new home sales for January declined 7.8% to a much lower than expected annualized 593,000 units. The decline was blamed on a shortage of homes as well as higher mortgage rates. However, markets rose strongly with the Dow Industrials closing up 399 points. On Tuesday, the Case-Shiller Home Price Index for December increased .6% and durable goods orders for January declined 3.7%. Consumer confidence for February jumped 6.5 points to 130.8, stronger than expected. In testimony before Congress, Fed Chair Jerome Powell mentioned that he thinks the economy is growing stronger than his initial estimates, leading investors to believe that more than three rate hikes may occur this year. Ten year Treasury notes rose sharply after Powell’s comments, however, they came back down and ended the day just below 2.9%. Markets fell sharply with the Dow Industrials dropping 299 points. On Wednesday the second estimate of the fourth quarter GDP came out and it was revised .1% lower to 2.5%. The pending home sales index for January fell 4.7%, a much sharper decline than expected, and the EIA petroleum status report for the week ending February 23rd showed crude oil inventory rising 3.0 million barrels. U.S. crude jumped 2.4% to $61.48 a barrel and markets continued their slide with the Dow Industrials losing 380 points. On Thursday, jobless claims for the week ending February 24th fell 10,000 to 210,000, and the ISM manufacturing index for February increased 1.7 points to 60.8. Personal income for January increased .4%, consumer spending rose .2%, and the PCE price index jumped by .4%. Early in the day, markets rose, however, President Trump said the U.S. will impose tariffs on steel and aluminum imports next week. Markets then sold off, with the Dow Industrials closing 420 points lower. On Friday markets opened sharply lower on continued worries about new tariffs starting a trade war. Now let’s take a look at some stocks. Nutrisystem, Inc. (NASDAQ: NTRI) on Monday, reported financial results for its fourth quarter and full year ending December 31. The weight loss company beat both revenue and earnings but shares still plummeted by 27% due to a weak full-year guidance. New Year’s resolutions typically create a surge in business, but this year was disappointing. Nutrisystem reached a new low of $28.50 per share this week. Palo Alto Networks (NYSE: PANW) reported its fiscal second quarter results and beat analysts’ estimates for both revenue and earnings. The company’s product business reported revenue of $202 million, up from $168 million a year ago. Subscription and support revenue was $340 million, up from $253 million. Palo Alto Networks reached a new 52 week high of $179.15 per share on Tuesday. Macy’s, Inc. (NYSE: M) on Tuesday reported fourth quarter earnings per diluted share of $4.31 compared to $1.54 a year ago. Full year fiscal 2017 earnings per diluted share were $5.04 compared to $1.99 in fiscal 2016. Macy’s reached a high of $30.94 per share Tuesday morning post announcement. Booking Holdings Inc. (NASDAQ: BKNG), previously known as Priceline Group, announced Tuesday better-than-expected fourth quarter earnings, sending shares to a new 52-week high of $2,087.34. The travel giant said gross travel bookings rose 19% to $18 billion in the fourth quarter, compared with $15 billion a year earlier. The company earned $836 million, or $16.86 per share. Weight Watchers International, Inc. (NYSE: WTW) reported that it saw its fourth quarter subscriber numbers increase by 22.6% compared to a year ago. Fourth quarter revenue was $312 million and net income was $63 million compared to $13 million a year ago. The company’s stock reached $77.00 per share 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: 34554 FinancialBuzzMedia
LIVE - Floor of the NYSE! May 11, 2018 Financial News - Business News - Stock News - Market News
 
04:02
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 tech shares continued their three-day winning streak and oil rose to its highest level since November 2014 on speculation that oil supplies will become tighter if the U.S. pulls out of the Iran nuclear deal. West Texas Intermediate crude closed at $69.80 a barrel. On Tuesday the NFIB small business optimism index for April rose one-tenth of point to 104.8, and the JOLTS job openings report for March rose 7.8% to 6.55 million. President Trump announced he was pulling the U.S. out of the Iran nuclear deal. Market reaction was mixed, as the move was widely expected. The dollar rose and the yield on 10-year Treasuries finished at 2.97%. On Wednesday, the producer price index for April rose .1% compared to the prior month’s .3% gain. The EIA petroleum status report for the week ending May 4th saw crude oil inventories unexpectedly fall 2.2 million barrels, causing West Texas Intermediate crude to rally and close above $71 a barrel. Shares of energy companies were big winners with the Dow Industrial closing 182 points higher, and 10-year Treasuries finishing the day yielding 3%. On Thursday the consumer price index for April rose .2%, compared to the previous month’s .1% decline and jobless claims for the week ending May 5th remained unchanged at 211,000. Markets rose sharply as inflation proved lower than expected, with the Dow Industrials closing up 196 points. On Friday import prices for April rose .3% and export prices jumped .6%. Markets opened higher on the strength of energy stocks which have gone up due to recent increases in the price of oil. Now let’s take a look at some stocks. Valeant Pharmaceuticals International, Inc. (NYSE: VRX) announced Tuesday morning, its first-quarter financial results with an operating loss of $2.3 billion, compared to an operating income of $211 million for the first quarter of 2017. The company raised guidance for full year 2018. Valeant shares rose to over $21 on Tuesday post announcement. JD.com, Inc. (NASDAQ: JD) announced on Tuesday, its unaudited financial results for the first quarter. Net revenue was $16 billion, an increase of 33% year-over-year and net service revenues were $1.4 billion, an increase of 60% year-over-year. JD fell to under $37 a share post announcement. Roku Inc. (NASDAQ: ROKU) reported financial results for its first quarter on Wednesday. Revenue increased 36% year-over-year, gross profit grew 62%, and gross margin expanded seven percentage points to 46%. Revenue growth was driven by better than expected Platform revenue and higher than anticipated Player gross profits. Roku shares rose to over $38 on Thursday morning before selling off. Booking Holdings Inc. (NASDAQ: BKNG) reported first quarter financial results on Wednesday. Gross travel bookings were $25.0 billion, an increase of 21% over a year ago and total revenues were $2.9 billion with a gross profit of $2.3 billion, a 25% increase from the prior year. Shares opened at $2,050 on Thursday after the announcement. NVIDIA Corporation (NASDAQ: NVDA) reported on Thursday, record revenue for the first quarter ending April 29th, of $3.2 billion, up 66% year-over-year. During the first quarter, NVIDIA returned $746 million to shareholders through a combination of $655 million in share repurchases and $91 million in quarterly cash dividends. Prior to the earnings release, Nvidia reached an all-time high of $260.50 per share. © 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: 22031 FinancialBuzzMedia
LIVE - Floor of the NYSE! June 22, 2018 Financial News - Business News - Stock News - Market News
 
03:58
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 housing market index for June fell 2 points to 68, but tariffs were still the big news after the U.S. and China exchanged more threats last week. The Dow Industrials closed 103 points lower for its 5th straight decline. On Tuesday housing starts for May rose 5% to an annualized 1.35 million units however permits fell 4.6% to 1.3 million. President Trump asked his administration to identify an additional $200 billion worth of Chinese goods to slap a 10% tariff on. Markets fell again with the Dow Industrials down 287 points. On Wednesday existing home sales for May fell .4% to an annualized 5.43 million units and the EIA petroleum status report for the week ending June 15th saw crude oil decline 5.9 million barrels. Federal Reserve Chair Jerome Powell gave a speech saying the economy is strong and that moderate wage growth shows that labor markets aren’t yet too tight. He also noted that although the 2% inflation goal is almost met, there is still some softness left in inflation. On Thursday jobless claims for the week ending June 16th fell 3,000 to 218,000 and the Philadelphia Fed business outlook survey fell 14.5 points to 19.9. Once again, fears of trade wars dominated investor sentiment and markets dropped with the Dow Industrials losing 296 points, to continue its eight-day losing streak. Now let’s take a look at some stocks. Gevo, Inc. (NASDAQ: GEVO) shares surged to over $23 on Tuesday after the Environmental Protection Agency raised the amount of isobutanol used for on-road automobiles. Patrick Gruber, Chief Executive Officer of Gevo, said, the higher blend of isobutanol at 16% was previously used only for boats and off-road applications and helps meet demand for the ethanol free segment of the gasoline market. Rent-A-Center, Inc. (NASDAQ: RCII) announced on Monday that it has entered into an agreement with Vintage Rodeo Parent, LLC, an affiliate of Vintage Capital Management, LLC, pursuant to which Vintage will acquire all of the outstanding shares of Rent-A-Center common stock for $15.00 per share in cash. Rent-A-Center jumped to $14.68 per share at the close on Monday. Sarepta Therapeutics, Inc. (NASDAQ: SRPT), focused on the discovery and development of genetic medicine to treat rare neuromuscular diseases, announced on Tuesday positive preliminary results from its Phase 1/2a gene therapy clinical trial assessing its AAVrh74 treatment in individuals with Duchenne muscular dystrophy. Shares surged to over $165 on Tuesday post announcement. Micron Technology, Inc. (NASDAQ: MU), announced on Wednesday, results of operations for its third quarter of fiscal 2018, ending May 31st. Revenues of $7.80 billion are up 40% year-over-year and operating cash flow was $4.26 billion, compared to $2.41 billion for the same period a year ago. Darden Restaurants, Inc., (NYSE: DRI) reported on Thursday its financial results for the fourth quarter and fiscal year ending May 27th. Total sales from continuing operations increased 10.3% to $2.13 billion. The company repurchased approximately $27 million of outstanding common stock. Darden Restaurants reached an all-time high of $107.74 per share. © 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: 21312 FinancialBuzzMedia
LIVE - Floor of the NYSE! Jan. 26, 2018 Financial News - Business News - Stock News - Market News
 
03:51
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 Last weekend, the government shut down non-essential offices as Congress failed to pass a budget. However, on Monday, legislators reached agreement to fund the government though February 8th. Markets rose to record highs on optimism over corporate earnings. On Tuesday, the good news continued with 76% of S&P 500 companies that have reported quarterly results surpassing earnings expectations, and 84% of those companies beat revenue estimates. The S&P 500 and Nasdaq composite closed at record highs. On Wednesday, the PMI composite flash for January rose eight-tenths of a point to 53.8, existing home sales for December fell 3.6% to an annualized 5.57 million units, and the EIA petroleum status report for the week ending January 19th saw crude oil inventory fall 1.1 million barrels. Markets were mixed as investors paused and considered protectionist rhetoric coming from the Trump Administration. Ten year Treasuries finished yielding 2.65%, gold jumped 1.2% to $1,357 an ounce and U.S. crude rose 2.4% to $65.99 a barrel, its highest level in more than two years. On Thursday, jobless claims for the week ending January 20th rose 17,000 to 233,000 and new home sales for December fell 9.3% to an annualized 625,000 units. Stronger than expected results from Caterpillar and 3M pushed the Dow Industrials up 140 points, but other major indexes were mixed. The U.S. dollar rallied after President Trump made comments that the dollar will get stronger. On Friday, durable goods orders for December rose much stronger than expected at 2.9%, and the fourth quarter GDP rose 2.6%, lower than expected. Markets opened higher on the strength of earnings reports. Wynn Resorts (NASDAQ: WYNN), Limited on Monday reported revenue and earnings that topped analysts’ estimates, sending its shares up over 8%. The company reported net revenue of $1.69 billion for the fourth quarter, an increase of 29.9% from a year earlier. Adjusted net income was $144 million, or $1.40 per share. Netflix, Inc. (NASDAQ: NFLX) shares surged 10% on Tuesday after the streaming company provided a better-than-expected first-quarter guidance. The company added 8.3 million subscribers in the fourth quarter, beating analysts’ expectations of 6.4 million. Netflix now has a market value of over $110 billion. On Tuesday morning, Procter & Gamble (NYSE: PG) reported second quarter fiscal year 2018 net sales of $17.4 billion, an increase of 3% over the prior year. Operating cash flow was $3.7 billion for the quarter. Procter & Gamble fell to under $88 per share on Wednesday after the announcement. Verizon Communications Inc. (NYSE: VZ) reported fourth quarter earnings of $4.56 per share, compared with $1.10 a year ago. Total consolidated operating revenues were $34 billion, up 5% from a year ago. Shares reached a new 52-week high of $54.77 on Thursday after the announcement. 3M Co. (NYSE: MMM) on Thursday morning, reported fourth-quarter earnings of $0.85 per share, a decrease of 55% from a year ago. The Tax Cuts and Jobs Act (TCJA), signed into law in the fourth quarter, resulted in a net tax expense in the quarter of $762 million, or $1.25 per share. Sales were up 9% to $8 billion. 3M reached a new all-time high of $254.80 per share 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: 60220 FinancialBuzzMedia
LIVE - Floor of the NYSE! Nov. 11 2016 Financial News - Business News - Stock Exchange - Market News
 
03:43
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: 52754 FinancialBuzzMedia
LIVE - Floor of the NYSE! Dec. 22, 2017 Financial News - Business News - Stock News - Market News
 
03:50
Watch Us LIVE from the Floor of NYSE! December 22, 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 the housing market index for December rose 5 points to 74 as home builder sentiment rose to its highest level during the current economic recovery. Markets continued to gain on tax reform optimism with the Dow Industrials, S&P 500 and Nasdaq composite all closing at records highs. On Tuesday housing starts for November rose 3.3% to an annualized 1.297 million units. Ten year Treasuries yielded 2.46%, the highest in nine months, and U.S. crude settled at $57.46 a barrel. The tech sector took a hit as Apple was downgraded by an analyst from buy to neutral. On Wednesday, existing home sales in November rose 5.6% to an annualized 5.81 million units and the EIA petroleum status report for the week ending December 15th saw crude oil inventory fall 6.5 million barrels. Congress passed a tax reform bill that included a cut in the corporate tax rate to 21% from 35%, and the ten year Treasury yield continued to rise, hitting 2.5%. On Thursday, the third and final estimate of the third quarter GDP came in at 3.2%, and jobless claims for the week ending December 16th rose 20,000 to 245,000. Markets rose modestly as a few large corporations announced that they would spend some of the savings from lower corporate taxes on higher wages and capital expenditures. On Friday durable goods orders for November rose 1.3%, compared to a .4% decline the prior month, and personal income for November rose .3% while consumer spending rose .6%. New home sales for November soared 17.5%, to an annualized 733,000 units, its highest level in more than 10 years and Congress approved a bill to keep the government funded through January 19th. Markets opened mostly unchanged on the news. Now let’s take a look at some stocks. Amplify Snack Brands, Inc. (NYSE: BETR) and The Hershey Company (NYSE: HSY) announced on Monday that they have entered into an agreement under which Hershey will acquire all outstanding shares of Amplify for $12.00 per share in cash. The deal is expected to close in the first quarter of 2018. Vipshop Holding Ltd. (NYSE: VIPS) shares surged nearly 40% on Monday after Tencent Holding Ltd. and JD.com Inc. announced they will invest a combined $863 million in Vipshop. Under the deal, Tencent will invest $604 million, while JD.com Inc will invest $259 million. Tencent and JD.com will pay $13.08 for each share of Vipshop, representing a 55% premium over its closing price last Friday. BlackBerry Ltd. (NYSE: BB) shares surged on Wednesday after the Canadian software company reported record software revenue and better-than-expected third-quarter earnings. BlackBerry reached a new 52-week high on Wednesday of $12.36 a share. Bed Bath & Beyond Inc. (NASDAQ: BBBY) announced financial results for its third quarter on Wednesday, with both earnings and revenue beating estimates. However, higher advertising costs and lower margins have forced earnings to decline year over year, leading the stock to drop over 10%. PG&E Corp. (NYSE: PCG) shares fell by 14% Thursday after the board suspended the company’s quarterly cash dividend beginning in the fourth quarter of 2017. The company cited uncertainty related to potential liabilities associated with the Northern California wildfires. Shares hit a new 52-week low of $41.61 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: 22875 FinancialBuzzMedia
LIVE - Floor of the NYSE! June 8, 2018 Financial News - Business News - Stock News - Market News
 
03:35
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 factory orders for April declined .8%, compared to the prior month’s 1.7% gain. Recent worries over trade tensions were shrugged off and markets rose sharply on the strength of the economy. The Dow Industrials closed 178 points higher and the Nasdaq composite closed at a record high. On Tuesday, the ISM non-manufacturing index for May rose 1.8 points to 58.6 and the JOLTS job openings report for April rose 1% to almost 6.7 million jobs. This was the first time in the 20-year history of the JOLTS report that the number of job openings exceeded the number of unemployed looking for work. Markets closed mixed, with tech strong, but the broader market more concerned with trade issues. On Wednesday, the revised first quarter nonfarm productivity came in .4% higher compared to the prior quarter’s .7% gain. Unit labor costs rose 2.9% on top of the prior quarter’s 2.7% gain. The EIA petroleum status report for the week ending June 1st saw crude oil inventory rise 2.1 million barrels while the yield on 10-year Treasuries ended the day at 2.97% and West Texas Intermediate crude finished at $65.05 a barrel. The financial sector rallied on higher interest rates with the Dow Industrials closing 346 points higher, and above 25,000 for the first time since March. On Thursday, jobless claims for the week ending June 2nd fell 1,000 to 222,000. Ten-year Treasuries’ yield fell to 2.93% after a sharp selloff in Brazil’s markets, due to currency concerns. U.S. markets ended the day mixed. On Friday markets opened slightly lower as the G-7 summit prepared to start in Canada. Now let’s take a look at some stocks. Microsoft Corp. (NASDAQ: MSFT) on Monday announced it reached an agreement to acquire GitHub, a large software development platform with more than 28 million developers. Under the terms of the agreement, Microsoft will acquire GitHub for $7.5 billion in Microsoft stock. Microsoft reached over $102 per share on Tuesday, post announcement. Athenahealth, Inc. (NASDAQ: ATHN) announced on Wednesday that its Board of Directors initiated a process to explore strategic alternatives. As part of this process, the Board will consider a sale, merger or other transaction involving the Company as well as continuing as an independent company. The Company announced that Jonathan Bush has stepped down as President, Chief Executive Officer and as a member of the Athenahealth Board, effective immediately. Athenahealth reached a new 52 week high of $163.94 per share. Ambarella, Inc. (NASDAQ: AMBA) announced on Tuesday, financial results for its fiscal first quarter. Revenue came in at $56.9 million, down 11.2% year-over-year. Gross margin was 61.3%, compared with 63.9% a year ago. Ambarella shares fell below $43 on Wednesday. Conn's, Inc. (NASDAQ: CONN) announced on Thursday, its financial results for its fiscal first quarter with net income at $12.7 million compared to a net loss of $2.6 million for the same period a year ago. Total retail revenues were $275 million compared to $279 million year-over-year. Conn’s reached over $32 per share on Thursday 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: 18791 FinancialBuzzMedia
LIVE - Floor of the NYSE! Oct. 20, 2017 Financial News - Business News - Stock News - Market News
 
03:35
Watch Us LIVE from the Floor of NYSE! October 20, 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, the Empire State manufacturing survey for October increased 5.8 points to 30.2, stronger than expected. Tensions in Iraq caused U.S. crude to rise .8% to $51.86 a barrel and 10-year Treasuries yielded 2.3%. All three major U.S. indexes closed at record highs on optimism over strong earnings. On Tuesday, import prices for September rose .7% and export prices rose .8%, and industrial production for September rose .3%. The housing market index for October rose 4 points to 68 and the dollar strengthened on speculation that the next Federal Reserve Chairman will be more hawkish. On Wednesday, housing starts for October fell 4.7% to an annualized 1.13 million units and the EIA petroleum status report for the week ending October 13th fell 5.7 million barrels. The Federal Reserve released its Beige Book for September and they describe economic growth as modest to moderate. Business growth is restrained in some areas, due to labor shortages, however, wage growth is modest. Consumer spending was downgraded to slow. Upbeat earnings reports, in particular from IBM, spurred rallies with the Dow Industrials gaining 160 pounds to close above 23,000 for the first time. On Thursday, jobless claims for the week ending October 14th declined a greater than expected 22,000 to 222,000. Also of interest, it was 30 years ago Thursday that the Dow Industrials plunged 22.6%, its worst one day loss in history. On Friday, existing home sales for September rose .7% to an annualized 5.39 million units. Markets opened higher on news that the Senate approved a budget measure that helps pave the way to tax reform. Now let’s take a look at some stocks. Exelixis Inc. (NASDAQ: EXEL) shares surged over 25% Monday after it announced that the U.S. FDA has granted priority review for the company’s kidney and liver cancer drug called Cabometyx. Separately, the company also announced the same drug also met all of its primary endpoints in a global phase 3 trial. Cabometryx showed significant improvement in the median overall survival compared to placebo when treating patients with a certain type of advanced liver cancer. Netflix Inc. (NASDAQ: NFLX) reported results Monday for the third quarter that toppled analyst estimates. The company reported total membership counts increase by over 5 million globally. Shortly after the announcement, shares reached an all-time high of $204.38. Spectrum Pharmaceuticals Inc. (NASDAQ: SPPI) shares surged over 40% Wednesday morning after its announcement of positive results from its Phase 2 clinical study. Spectrum’s drug, poziotinib, is used to treat certain mutations in Non-Small-Cell Lung Cancer. The company’s shares reached an all-time high of $21.95. IBM Corp. (NYSE: IBM) shares jumped over 9% Wednesday after it reported third quarter earnings, beating analyst estimates and forecasting strong growth rates for the fourth quarter. The strong growth was credited to cloud revenue and other strategic areas including analytics, mobile and security. Adobe Systems Incorporated (NASDAQ: ADBE) shares jumped over 10% Thursday after the company provided a better-than-expected 2018 profit forecast. The targets include 20% revenue growth and 30% earnings growth. Adobe reached an all-time high of $172.15. © 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: 42877 FinancialBuzzMedia
May 13, 2016 Financial News - Business News - Stock Exchange - Market News
 
03:31
May 13, 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 Monday markets were mixed, with below average trading volume, as investors digested disappointing earnings, a bad wildfire affecting oil production in Canada, and a report from China stating that imports declined 10.9% and exports declined 1.8% from the same period last year. On Tuesday, the JOLTS job report for March showed job openings increased 2.7% to 5.8 million. Markets rallied strongly, on higher oil prices and a stronger dollar. The Dow Industrials closed up 222 points and the NASDAQ composite was up 59 points. On Wednesday, the EIA petroleum status report for the week ending May 6th showed crude oil inventories decreasing by 3.4 million barrels. This was the first decrease in six weeks and West Texas Intermediate crude futures increased by 3.5% to $46.23 a barrel, a six month high. Disappointing earnings from Disney and Macy’s sent markets spiraling down on fears of weak consumer spending, and the Dow Industrials closed off 217 points. On Thursday, jobless claims for the week ending May 7th were unexpected high, gaining 20,000 to 294,000. This was on top of the 17,000 rise the prior week. Markets were mixed, although fears of slowing sales for Apple pulled down the company’s stock price as well as the NASDAQ composite. On Friday retail sales for April jumped 1.3% month over month, greater than expected, and the producer price index for April rose .2%. Markets opened slightly lower on the news. Now let’s take a look at some stocks. Amazon (NASDAQ: AMZN) announced it has created a new video service, which is intended to become YouTube’s competitor. Users can upload their video and potentially make it prime content, or allow other users to buy and rent it. The new service is called Amazon Video Direct. Shares of Amazon reached all-time highs after the announcement. Macy’s (NYSE: M) reported its quarterly earnings and they were disappointing, with sales of the giant retailer falling more than 7% year over year and missing forecasts. Macy’s has also lowered sales and earnings guidance for the year. Shares of the company fell more than 15% the day after the report. Shares of Electronic Arts (NASDAQ: EA) were up 13% after the video game developer and publisher released earnings showing that its new Star Wars game and its popular sports video game franchises pushed revenue and profits up to surpass analysts’ expectations. Electronic Arts laid out guidance for next year, with expected revenue growth of 7%, reaching $4.9 billion. The popular fast food restaurant, Jack (NASDAQ: JACK) in the Box reported second quarter earnings of $0.85 per share, beating analysts’ expectations by $0.15. Revenue and same-store sales of Jack in the Box were basically flat, however, increasing revenue at its Qdoba restaurant chain helped profit margins. Shares jumped more than 15% on the news. Disney (NYSE: DIS) shares fell more than 4% after an earnings report that didn’t meet analyst’s expectations. The popular media and entertainment company reported a rise in earnings of 2% as the performance of its movie division and of its resorts helped offset its struggling television businesses. Net earnings were $1.36 per share, below analysts’ estimates of $1.40. © 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: 16535 FinancialBuzzMedia
October 21, 2016 Financial News - Business News - Stock Exchange - NYSE - Market News
 
03:33
October 21, 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, the Empire State Manufacturing Survey for October was below zero for the third month in a row, coming in at -6.8, and industrial production for September rose .1% compared to the prior month’s .5% decline. U.S. crude oil fell slightly as production from non-OPEC suppliers continued to grow. On Tuesday, the consumer price index for September rose .3% compared to the prior month’s .2% gain, and stronger than expected quarterly reports helped boost stocks, with 52 companies reporting numbers that beat bottom line estimates. The Dow Industrials closed 75 points higher. On Wednesday, housing starts for September fell 9% to an annualized 1.047 million units, however, permits were up 6.3% to 1.225 million units. The EIA petroleum status report for the week ending October 14th showed a decline in crude oil inventories of 5.2 million barrels, and U.S. crude rose 2.6% to settle at $51.60 per barrel. The Federal Reserve released its Beige Book and it did not contain any surprises, showing a modest economy, not particularly strong with regards to wage growth or inflation, but not exactly weak either. On Thursday, jobless claims for the week ending October 15th rose 13,000 to 260,000 and existing home sales for September rose 3.2% to an annualized 5.47 million units. On Friday markets opened mostly lower on mixed earnings reports and strength in the dollar. Now let’s take a look at some stocks. Netflix, INC. (NASDAQ:NFLX) posted quarterly earnings showing a 50% rise in its consumer base. With several exclusive shows aired across the globe, the company draws far more new customers internationally than in the U.S. Netflix reported earnings of $0.12 per share on revenue of $2.3 billion. Shares soared 20% on the news. Shares of Intel Corp. (NASDAQ:INTC) fell despite beating consensus estimates after the company’s outlook for next quarter’s revenue disappointed. The company reported earnings of $0.80 per share on $15.8 billion in revenue, while for next quarter, they expect $15.7 billion in revenue, however, analysts were expecting closer to $15.9 billion. Harley-Davidson, Inc. (NYSE:HOG), which holds around a 50% share of the motorbike segment, announced its reorganization plan to reduce jobs and cut costs after reporting slipping sales and profits. In the third quarter, sales of Harley reached $1.3 billion, with revenue of motorcycles and related products dropping to $1.09 billion from the $1.14 billion in the same period last year. Shares were up over 7%. Morgan Stanley (NYSE:MS) reported a better-than-expected profit on Wednesday, thanks to a surge in trading revenue. The New York-based firm said net income rose 57% to $1.6 billion, or $0.81 a share, in the third quarter, compared with $1.02 billion, or $0.48 a share from a year earlier. Analysts had expected the company to earn $0.63 a share. Global commerce company eBay, Inc. (NASDAQ:EBAY) tanked more than 7% after the company beat its 3rd quarter earnings, but had soft guidance. eBay reported earnings per share of $0.45 on revenues of $2.2 billion compared to analysts’ expectations of $0.44 on $2.2 billion in revenues. © 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: 42984 FinancialBuzzMedia
LIVE - Floor of the NYSE! June 9, 2017 Financial News - Business News - Stock News - Market News
 
03:47
Watch Us LIVE from the Floor of NYSE! June 9, 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 markets didn’t show much reaction to Saturday’s terrorist attack in London. Nonfarm productivity for the first quarter remained unchanged compared to the fourth quarter’s .6% decline. Unit labor costs rose 2.2%. Factory orders for April decreased by .2%, and the ISM non-manufacturing index slipped six-tenths of a point to 56.9. On Tuesday, the JOLTS job openings report for April rose 4.4% to 6.044 million, a record high. Ten year Treasuries yielded 2.14%, and gold climbed 1.2% to close at $1,297 an ounce, its highest level since last November. On Wednesday, the EIA petroleum status report for the week ending June 2nd saw an unexpected rise of crude oil inventory by 3.3 million barrels. On Thursday, jobless claims for the week ending June 3rd fell 10,000 to 245,000. Former FBI Director James Comey testified before the Senate Intelligence Committee, however, markets didn’t see a smoking gun to indicate any severe damage to President Trump. The European Central Bank left interest rates at 0% for the fifth straight quarter and said it would extend its quantitative easing program if necessary. The Euro dropped against the US dollar on the news and markets ended the day slightly higher. On Friday surprise results came in from the U.K elections with the U.K’s ruling Conservative Party losing its parliamentary majority, however, U.S. markets opened strongly higher. Now let’s take a look at some stocks. G-III Apparel Group, Ltd. (NASDAQ: GIII) reported fiscal first quarter results with net sales increasing 16% to $529 million compared to $457 million a year ago. Chairman and CEO, Morris Goldfarb stated that the wholesale business was strong, even in a difficult market. Shares surged over 20% Tuesday morning on early trading. Ambarella, Inc. (NASDAQ: AMBA) has posted fiscal first quarter results with revenue up 12.2% year-over-year and earnings per share of $0.07 compared to $0.05 a year ago. However, a slightly weaker than anticipated guidance for this quarter spooked investors. Shares fell over 10% on the news. Shares of Nordstrom, Inc. (NYSE: JWN) were up over 12% Thursday morning after announcing plans to consider going private. The press release by the retailer announced that a collection of Nordstrom family members will debate the next moves of the company and the board of directors has created a special committee to review any proposals. Shares rose on pre-market trading to almost $50 Thursday morning before selling off after the market open. Alibaba Group Holding Limited (NYSE: BABA) shares rose to over $143 in premarket trading on Thursday after the CFO forecast full-year revenue growth that surprised investors and analysts. The Hangzhou-based company now anticipates revenue growth of 45-49% in fiscal year 2018. Analysts had projected an average revenue growth of 35%. Tesla, Inc. (NASDAQ: TSLA) continues to rally after CEO Elon Musk provided details last Tuesday about its electric semi-truck and Model Y crossover during Tesla’s annual meeting in Mountain View, California. He said the semi-truck will be unveiled in late September this year and the Model Y is planned to unveil as soon as late 2019. The company is also preparing to produce the Model 3 next month. Tesla reached an all-time high on Thursday of $371.90 per share with over 9 million shares traded. © 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.
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LIVE - Floor of the NYSE! Apr. 13, 2018 Financial News - Business News - Stock News - Market News
 
04:17
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.
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August 12, 2016 Financial News - Business News - Stock Exchange - NYSE - Market News
 
03:40
August 12, 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, U.S. crude futures rose 2.9% to $43.02 a barrel, and the 10 year Treasury closed at 1.59%. On Tuesday, nonfarm productivity for the 2nd quarter fell .5% on top of the prior quarter’s .6% drop. Unit labor costs rose 2%, compared to the prior quarter’s .2% decline. Almost 90% of S&P 500 companies have reported earnings, and about 77% exceeded profit expectations and 56% beat sales projections. Lower earnings overall have caused the S&P 500’s price to earnings ratio to climb above 20 for the first time since 2009. Markets closed slightly higher, and the NASDAQ composite reached a new high. On Wednesday, the JOLTS jobs report for June showed openings rose 2% to an annualized 5.62 million, and the EIA petroleum status report for the week ending August 5th saw crude oil inventories increase by 1.1 million barrels. U.S. crude fell almost 2.5% on the news, to $41.71 a barrel. On Thursday, jobless claims for the week ending August 6th fell 1,000 to 266,000. Import prices for July rose .1% compared to the prior month’s .6% increase, and export prices rose .2% compared to the prior month’s .8% gain. In addition some major retailers, including Macy’s had better than forecast profits, and oil surged on Saudi comments about stabilizing prices. In response, for the first time since December 1999, the Dow Industrials, the S&P 500 and the NASDAQ composite all closed at record highs. On Friday the producer price index for July was down .4% compared to the previous month’s .5% rise. Retail sales for July remained unchanged, compared to the prior month’s .8% increase. Markets opened slightly lower on the news. Now let’s take a look at some stocks. Cloud communications platform company, Twilio announced its first financial results as a public company on Monday. The company reported revenue of $64.5 million, beating expectations, and increasing 70% year-over-year. Share prices increased during after-hours trading. Walt Disney met analysts’ expectations for quarterly profit and revenue on Tuesday, powered by strength in its latest movie hits including "The Jungle Book" and "Captain America: Civil War." The company posted earnings of $1.62 per share on $14.3 billion in revenue. Luxury clothing brand, Ralph Lauren announced its financial results for the first quarter of fiscal 2017. Even though the company reported a loss, its stock traded higher during premarket. The loss was partly due to expenses generated by the company’s restructuring plan announced in June by President and CEO Stefan Larsson. Shares of Yelp Inc. set a 52-week-high after the San Francisco based company released stronger-than-expected second-quarter earnings and increased revenue projections for fiscal 2016. Second quarter revenue increased 30% to $173 million. Luxury Fashion Company Coach reported positive earnings thanks to its cost-cutting strategy of tightening supply to department stores. Coach’s subsidiary brand Stuart Weitzman, acquired last year, brought $84 million to the total sales this quarter. The company’s sales were also helped by mainland China and Europe, with total international sales climbing 15% from a year earlier. © 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: 15863 FinancialBuzzMedia
LIVE - Floor of the NYSE! Jan. 6, 2017 Financial News - Business News - Stock News - Market News
 
03:43
Watch Us LIVE from the Floor of NYSE! January 6, 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, markets were closed for the New Year’s holiday. On Tuesday, the PMI manufacturing index for December was up .2 to 54.3, a 21 month high and the ISM manufacturing index was up 1.5 points to 54.7, a two year high. Construction spending for November increased .9% to its highest level in over 10 years. Markets rose with the Dow Industrials gaining 119 points. On Tuesday, the Federal Reserve released the minutes of its latest meeting expressing caution due to increased uncertainty about how the economy will respond to future fiscal, tax, and regulatory policies implemented by the next President’s administration. However, many participants were concerned that if the unemployment rate continues to fall, faster than expected increases in interest rates may occur. As a result, participants raised their estimates of two rate hikes to occur 2017 to three. However, they noted that inflation is still below the 2% target rate. Markets ended the day modestly higher. On Thursday, the ADP employment report for December was down 62,000 to 153,000, below expectations, and jobless claims for the week ending December 31st were down 28,000 to 235,000, extremely low, however, seven states had to be estimated. The ISM non-manufacturing index for December was unchanged at 57.2, and the EIA petroleum status report for the week ending December 30th showed crude oil inventories dropping 7.1 million barrels. U.S. Treasury 10 year notes yielded 2.36%. On Friday nonfarm payrolls for December were lower than expected coming in at 156,000, the unemployment rate ticked up slightly to 4.7%, and average hourly earnings rose .4%. Markets opened mostly unchanged on the news. Now let’s take a look at some stocks. Macy’s, Inc. (NYSE: M) announced that they will lay off 10,000 workers along with lowering their earnings outlook after the company posted disappointing holiday sales, pushing the stock down more than 13%. Macy’s comparable-store sales fell 2.1% in November and December, which was at the lower end of its projections, however, it maintained its full-year comparable sales guidance of a 2.5% to 3% decline. General Motors Company (NYSE: GM) reported an increase of 10% in U.S. auto sales in December, surpassing previous estimates of 3.5%. The company’s Chevrolet brand rose 12.8% to almost 213,000 vehicles. Kurt McNeil, GM’s vice president of U.S. sales operations, said in the statement that they will begin the year well positioned to continue growing its U.S. retail business. Shares rose over 4% on the news. Shares of Xerox Corp. (NYSE: XRX) jumped nearly 16% Tuesday afternoon after completing its split into two companies, one for its business services and another for its copier and printer business. Last December 31st, Xerox shareholders received one common share of Conduent, the new spinoff, for every five shares of Xerox’s common stock they held as of December 15th. Sears Holdings Corp. (NASDAQ:SHLD) continues to close unprofitable stores in an attempt to increase sales impact and return the company to profitability. Funding from CEO Eddie Lampert has also helped but many stores continue to remain unprofitable. Seritage Growth Properties reported in an SEC filing that Sears has exercised its right to eliminate its leases on 19 stores. Shares of Sears soared over 8% 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: 28849 FinancialBuzzMedia

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