If Warren Buffett Buys More Bank of America Shares, and Other Banks Too

Posted: October 15, 2019 at 3:49 pm

If bank earnings are not a good enough story on a strong day, imagine the reaction to news reports that Warren Buffett and Berkshire Hathaway Inc. (NYSE: BRK-A) want to ...
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Backward and Forward, San Francisco Fed Paper Assesses Negative US Interest Rates

Posted: October 15, 2019 at 2:25 pm

The lowest interest rates can ever go is zero-point-zero percent. That's how things work in a vacuum. In the real world, negative interest rates are alive and well, and we ...
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What to Expect When Bank of America Reports Wednesday Morning

Posted: October 15, 2019 at 1:40 pm

Bank of America Corp. (NYSE: BAC) is scheduled to release its third-quarter financial results before the markets open on Wednesday. The consensus estimates are calling for $0.51 in earnings per ...
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Home Foreclosures Persists at Lowest Level in More Than 20 Years

Posted: October 15, 2019 at 1:20 pm

The share of home mortgage loan payments that are 30 days or more past due fell to 3.8% in July, remaining at its lowest level in more than 20 years. ...
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Green Economy Generated $1.3 Trillion, 7% of US GDP

Posted: October 15, 2019 at 1:14 pm

Trying to figure out just how important the green economy is to the entire U.S. economy has been as much an art as a science. The U.S. Department of Labor ...
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Why This Neuromuscular Disorder Study Could Be the Next Big Thing

Posted: October 15, 2019 at 12:35 pm

Reata Pharmaceuticals Inc. (NASDAQ: RETA) shares jumped on Tuesday after the firm announced positive results from its midstage neuromuscular disorder drug trial. Specifically, the results are from Reata’s MOXIe Phase ...
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What to Expect When United Reports After the Close

Posted: October 15, 2019 at 12:00 pm

United Airlines Holdings Inc. (NYSE: UAL) is scheduled to release its third-quarter financial results after the markets close on Tuesday. The consensus estimates from Thomson Reuters are $3.95 in earnings ...
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Is Wells Fargo Back on Track After Earnings?

Posted: October 15, 2019 at 11:15 am

When Wells Fargo & Co. (NYSE: WFC) released its third-quarter earnings report before the opening bell on Tuesday, the mega bank said that it had $0.92 in earnings per share ...
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IMF 2019-2020 Outlook: Recession or Synchronized Slowdown?

Posted: October 15, 2019 at 11:10 am

The International Monetary Fund (IMF) has released an update to its latest World Economic Outlook with lower growth expected in 2019. What is interesting about the global outlook, despite all ...
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Johnson & Johnson Offers a Strong Start to Earnings Season

Posted: October 15, 2019 at 10:29 am

When Johnson & Johnson (NYSE: JNJ) reported its most recent quarterly results before the markets opened on Tuesday, the pharmaceutical giant said it had $2.12 in earnings per share (EPS) ...
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UnitedHealth Helps Save the Dow With Q3 Earnings

Posted: October 15, 2019 at 10:10 am

When UnitedHealth Group Inc. (NYSE: UNH) reported its third-quarter financial results before the markets opened on Tuesday, the Minnesota-based health care giant said that it had $3.88 in earnings per ...
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How Amazon Is Stealing Search From Google

Posted: October 15, 2019 at 10:04 am

While Amazon.com Inc. (NASDAQ: AMZN) trails Alphabet Inc.'s (NASDAQ: GOOGL) Google by a factor of nearly six in search advertising, Amazon's share is expected to rise by three percentage points ...
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Goldman Sachs Trips Over the Bottom Line

Posted: October 15, 2019 at 9:45 am

Goldman Sachs Group Inc. (NYSE: GS) reported its most recent quarterly results before the markets opened on Tuesday. The investment house said that it had $4.79 in earnings per share ...
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Will Apple Buy Netflix?

Posted: October 15, 2019 at 9:02 am

Since Apple Inc. (NASDAQ: AAPL) announced its Apple TV+ streaming service, experts have continued to be skeptical, thinking that it is too late to market and has a very limited ...
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Top Analyst Upgrades and Downgrades: AECOM, Arconic, Bed Bath & Beyond, Dollar General, eBay, Grubhub, Lowe’s, 3M, Nvidia, Stitch Fix and More

Posted: October 15, 2019 at 9:00 am

Stocks were indicated to open higher on Tuesday as bank and other earnings look stronger than anticipated. The reports that China wants more talks before signing the phase one deal ...
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