August Housing, Single-Family Starts Show Solid Gains

Posted: September 18, 2019 at 10:05 am

The U.S. Census Bureau and the Department of Housing and Urban Development reported Wednesday morning that new housing starts in August rose to a seasonally adjusted annual rate of 1.36 ...
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Why Verizon May Play Catch-Up to AT&T’s 2019 Gains

Posted: September 18, 2019 at 10:00 am

Verizon Communications Inc. (NYSE: VZ) has underperformed the Dow Jones industrials and S&P 500 in 2019 with a gain of just 6.5%, and it has greatly lagged the recovery rally ...
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Will This Ebola Vaccine Be the Next Big Thing?

Posted: September 18, 2019 at 9:55 am

NewLink Genetics Corp. (NASDAQ: NLNK) shares jumped on Wednesday after the firm announced that the U.S. Food and Drug Administration (FDA) has accepted Merck & Co.’s (NYSE: MRK) Biologics License ...
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Global Electric Vehicle Sales Up 46% in First Half of 2019

Posted: September 18, 2019 at 9:30 am

Worldwide sales of plug-in electric vehicles (PEVs), including both battery-electric (BEV) and plug-in hybrid (PHEV), totaled 1.13 million in the first half of 2019, an increase of 46% compared to ...
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Top Analyst Upgrades and Downgrades: Adobe, Apple, AT&T, Chewy, Corning, Dow, FedEx, NCR, Square, Tellurian, Zscaler, Zynga and More

Posted: September 18, 2019 at 8:56 am

Stocks managed to squeeze out a small gain on Tuesday after a negative open, but Wednesday's indications were a tad lower after disappointing earnings and ahead of what may be ...
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Mortgage Loan Rates Rose Last Week, Applications Flat

Posted: September 18, 2019 at 7:21 am

The Mortgage Bankers Association (MBA) released its weekly report on mortgage applications Wednesday morning, noting a decline of just 0.1% in the group's seasonally adjusted composite index for the week ...
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Why Adobe’s Record Quarter Wasn’t Enough for Investors

Posted: September 17, 2019 at 4:28 pm

Adobe Inc. (NASDAQ: ADBE) released its fiscal third-quarter earnings report after the markets closed on Tuesday. The firm posted $2.05 in earnings per share (EPS) and $2.83 billion in revenue, ...
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Is FedEx in Trouble After This Report?

Posted: September 17, 2019 at 4:14 pm

FedEx Corp. (NYSE: FDX) reported its most recent quarterly results after the markets closed on Tuesday. The firm said that it had $3.05 in earnings per share (EPS) and $17.08 ...
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How Record Unemployment Could Play Into a Huge Holiday Season

Posted: September 17, 2019 at 3:25 pm

The holiday season is just around the corner, and with that comes the busy period for retailers. An unemployment rate near record lows could prove to be a big catalyst ...
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After Fed Enters Repo Operation, Odds of FOMC Rate Cut Now Questionable

Posted: September 17, 2019 at 3:22 pm

It has become more difficult to forecast the Federal Reserve's next move, or at least the timing of it. The odds of a September 18 Federal Open Market Committee (FOMC) ...
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Is SeaWorld in Trouble After This CEO Departure?

Posted: September 17, 2019 at 1:25 pm

SeaWorld Entertainment Inc. (NYSE: SEAS) shares took a step back on Tuesday after the firm announced that there would be a big change in its executive leadership. Gustavo Antorcha has ...
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It’s About Time Shopify Had a Secondary Offering

Posted: September 17, 2019 at 12:15 pm

Shopify Inc. (NYSE: SHOP) has seen an incredible 2019 so far, even if shares have backed off over the past month. Year to date, shares are up 144%, and that ...
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What to Expect When Adobe Reports After the Close

Posted: September 17, 2019 at 11:35 am

Adobe Inc. (NASDAQ: ADBE) is scheduled to release its fiscal third-quarter financial results after the markets close on Tuesday. The consensus estimates are calling for $1.97 in earning per share ...
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Homebuilder Sentiment Defies Endless Recession Calls by the Media

Posted: September 17, 2019 at 11:25 am

The National Association of Home Builders has released its latest Housing Market Index (HMI), with a reading of 68 for September. That is a high in 2019, higher than the ...
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32 Companies With the Lowest-Paying Full-Time Jobs

Posted: September 17, 2019 at 11:10 am

Debate in recent years over rising income inequality and poverty in America has taken center stage in political discourse and led to a number of new labor policies in both ...
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