eBay, General Electric Slide into Tuesday’s 52-Week Low Club

Posted: September 25, 2018 at 4:04 pm

September 25, 2018: Here are four stocks trading with heavy volume among 89 equities making new 52-week lows in Tuesday's session. On the NYSE decliners led advancers by about 1.34 ...
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Intel, UnitedHealth Sink the Dow Tuesday

Posted: September 25, 2018 at 4:01 pm

September 25, 2018: Markets mixed Tuesday and none of the indexes strayed far from the break-even oline until about noon. The FOMC is meeting today and will conclude its meeting ...
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Losses From Hurricane Florence Could Reach $30 Billion

Posted: September 25, 2018 at 1:55 pm

As of Monday, 10 days after Hurricane Florence made landfall in North Carolina, 43 deaths have been blamed on the storm and property damage could reach as high as $30 ...
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What This Executive Loss Means for Facebook

Posted: September 25, 2018 at 1:45 pm

Things were shaken up at Facebook Inc. (NASDAQ: FB) on Tuesday after it was announced that the co-founders of Instagram, Kevin Systrom and Mike Krieger, would be leaving the company ...
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Are Sonic Shareholders Getting Enough in the Buyout?

Posted: September 25, 2018 at 12:55 pm

Sonic Corp. (NASDAQ: SONC) shares jumped on Tuesday after it was announced that the burger chain would be acquired by the privately held Inspire Brands. The transaction is subject to ...
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How Kavanaugh Hearing Could Cost Employers Up to $2 Billion

Posted: September 25, 2018 at 12:50 pm

When federal appeals court Judge Brett Kavanaugh sits down in front of the Senate Judiciary Committee on Thursday for another hearing concerning his appointment to the U.S. Supreme Court, public ...
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How big is the Apple Salesforce deal? (video)

Posted: September 25, 2018 at 12:45 pm

So big you should have to pay more for both stocks, says Jim Cramer.   From Monday’s Squawk on the Street: This is Apple’s most important effort, I think, ...
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Why Pandora Shareholders Might Vote Against the Acquisition

Posted: September 25, 2018 at 12:10 pm

It was announced on Monday that Pandora Media Inc. (NYSE: P) would be acquired by Sirius XM Holdings Inc. (NASDAQ: SIRI). While this deal might look good at first glance, ...
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Oracle Just Became Guilty of Buying Back Too Much Stock

Posted: September 25, 2018 at 12:00 pm

Investors love when capital is returned to them by companies. This can be in the form of dividends or share buybacks. There is a dark side to dividends and stock ...
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Qualcomm, Apple Dispute Gets Nastier

Posted: September 25, 2018 at 11:50 am

Qualcoom Inc. (NASDAQ: QCOM) on Tuesday filed a motion in San Diego Superior Court to amend a complaint filed last November charging Apple Inc. (NASDAQ: AAPL) with violating the terms ...
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Kuo: Apple’s $1449 iPhone is in ‘serious shortage’

Posted: September 25, 2018 at 11:45 am

Serious shortage is a good problem to have.   From Ming-Chi Kuo, via MacRumors: We have determined that the demand for XS Max is better than expected (3–4 times ...
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Will Tinder Work in India?

Posted: September 25, 2018 at 11:40 am

Match Group Inc. (NASDAQ: MTCH) shares made a handy gain on Tuesday after the company announced that it is trying out a few security feature in India before this feature ...
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American Express Delivers on a Plan to Keep Hiking Its Dividend

Posted: September 25, 2018 at 11:30 am

Investors love their dividends. What long-term investors love even more than routine dividends is when a company keeps raising its dividend year after year. American Express Co. (NYSE: AXP) may ...
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What to Expect When Nike Reports After the Close

Posted: September 25, 2018 at 11:25 am

Nike Inc. (NYSE: NKE) is scheduled to release its fiscal first-quarter financial results after the markets close on Tuesday. The consensus estimates from Thomson Reuters are calling for $0.63 in ...
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Consumer Confidence Approaching an All-Time High

Posted: September 25, 2018 at 11:15 am

The Conference Board reported Tuesday morning that its consumer confidence index for the month of September rose from a revised reading of 134.7 in August to 138.4. The expectations index ...
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