What to Watch When Morgan Stanley Reports Thursday Morning

Posted: October 16, 2019 at 12:55 pm

Morgan Stanley (NYSE: MS) is set to release its most recent quarterly results before the opening bell on Thursday. The consensus estimates are calling for $1.11 in earnings per share ...
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Why Americans Are Still Afraid to Buy Self-Driving Cars

Posted: October 16, 2019 at 12:17 pm

American consumers are really lukewarm to buying all-electric vehicles (EVs) and even cooler to the idea of self-driving vehicles. A new quarterly survey from J.D. Power and SurveyMonkey released Wednesday ...
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A Crucial Major Depressive Disorder Study Is About to Be Underway

Posted: October 16, 2019 at 12:15 pm

After Axsome Therapeutics Inc. (NASDAQ: AXSM) announced that it has completed patient enrollment in its Gemini study, a Phase 3 trial of AXS-05 in patients with major depressive disorder (MDD), ...
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MGM Hits $5 Billion Jackpot From Vegas Casino Sales; More to Come?

Posted: October 16, 2019 at 11:35 am

MGM Resorts International (NYSE: MGM) late Tuesday announced the sale of Circus Circus Las Vegas property and the establishment of a joint venture with a subsidiary of Blackstone Group Inc. ...
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Least Obese County in Every State

Posted: October 16, 2019 at 11:28 am

More than 90 million American adults are obese, according to the Centers for Disease Control and Prevention. Obesity is a risk factor for such conditions as heart disease, stroke, and ...
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Will Vaping Catastrophe Play in to Philip Morris Earnings Thursday?

Posted: October 16, 2019 at 11:25 am

Philip Morris International Inc. (NYSE: PM) is set to report its most recent quarterly results before the markets open on Thursday. The consensus estimates are calling for $1.36 in earnings ...
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Why Credit Suisse Sees Over 35% Upside at Amazon

Posted: October 16, 2019 at 10:45 am

Amazon.com Inc. (NASDAQ: AMZN) will be releasing its third-quarter results later this month, and one key analyst weighed in on the e-commerce empire ahead of these results. Credit Suisse reiterated ...
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NY Fed Shows Regional Services Business Leaders Turning Negative

Posted: October 16, 2019 at 10:20 am

The Federal Reserve Bank of New York has released a monthly Business Leaders Survey, which is a semi-live reading as the data is for October. This monthly Federal Reserve survey ...
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Mortgage Loan Rates Rose Last Week, Slowing New Purchase Applications

Posted: October 16, 2019 at 10:10 am

The Mortgage Bankers Association (MBA) released its weekly report on mortgage applications Wednesday morning, noting a rise of 0.5% in the group's seasonally adjusted composite index for the week ending ...
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Weak Retail Sales Weigh on the Markets

Posted: October 16, 2019 at 10:05 am

In a sensitive economy in which growth is slowing enough that recession fears are high, every single economic report is given a very close look. Retail sales matter when it ...
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Nearly 1 in 2 Families Are Struggling With Addiction

Posted: October 16, 2019 at 10:01 am

As news of the opioid epidemic is on front pages around the country, that and other substance abuse problems, which include alcohol, plague almost half of America's families. Portions of ...
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What to Expect When Netflix Reports Earnings After the Close

Posted: October 16, 2019 at 9:50 am

Netflix Inc. (NASDAQ: NFLX) is scheduled to release its most recent quarterly results after the markets close on Wednesday. The consensus estimates are calling for $1.04 in earnings per share ...
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Are Shareholders Getting Enough in the Achillion Acquisition?

Posted: October 16, 2019 at 9:45 am

Achillion Pharmaceuticals Inc. (NASDAQ: ACHN) shares skyrocketed on Wednesday morning after an announcement that the firm would be acquired by Alexion Pharmaceuticals Inc. (NASDAQ: ALXN). While shares are up sharply ...
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Top Analyst Upgrades and Downgrades: Adobe, Alibaba, Amazon, AT&T, Comcast, Delphi, DocuSign, J&J, JPMorgan, T-Mobile, Verizon, Wells Fargo and More

Posted: October 16, 2019 at 8:45 am

Stocks were indicated to open marginally lower on Wednesday, even after overseas markets were modestly higher. Investors are having to grapple with a slower economy at the same time that ...
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Why Bank of America’s $2 Billion Impairment Charge Didn’t Matter

Posted: October 16, 2019 at 7:45 am

Bank of America Corp. (NYSE: BAC) reported third-quarter 2019 results before markets opened Wednesday. The big bank reported diluted earnings per share (EPS) of $0.56 on revenue of $22.8 billion. ...
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