Posts



Alli McCartney of UBS Wealth Management and Brian Belski of BMO join “Squawk Alley” to discuss the markets amid a sharp sell-off.



Diahann Lassus, Lassus Wherley, on where advisors are looking to put their clients right now. For access to live and exclusive video from CNBC subscribe to …



Financial News – Business News – Stock News – Market News – Stock Exchange CLICK HERE➡ ➡ http://FinancialBuzz.com Business News – Financial News …



Financial News – Business News – Stock News – Market News – Stock Exchange CLICK HERE➡ ➡ http://FinancialBuzz.com Business News – Financial News …



For more information on the Wealth Masterclass visit us at https://strongmarket.com/blog/wealth-masterclass-video-4/ —————– For more information on our …



Financial News – Business News – Stock News – Market News – Stock Exchange CLICK HERE➡ ➡ http://FinancialBuzz.com Business News – Financial News …



Center for Freedom and Prosperity co-founder Dan Mitchell discusses household debt concerns and the state of the market. FOX Business Network (FBN) is a …



Financial News – Business News – Stock News – Market News – Stock Exchange CLICK HERE➡ ➡ http://FinancialBuzz.com Business News – Financial News …



Watch Us LIVE from the Floor of NYSE! February 10, 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, economic news was light, so traders focused on the strength of the American consumer, as well as analyzing how the Trump administration’s policies will affect the economy with a growing realization that fiscal stimulus and other programs may take longer to implement than originally anticipated. At market close, ten year Treasuries yielded 2.41%, oil closed at $53.77 a barrel, and gold climbed to $1,229 an ounce, its highest level since last November. Markets closed down slightly.

On Tuesday, the trade deficit for December came in at $44.3 billion compared to the prior month’s $45.7 billion, boosted by strong exports. The JOLTS job openings report for December was 5.501 million, slightly less than the prior month, and more evidence of solid demand for labor. During the current earnings season, almost 70% of reports issued to date have topped earnings estimates, and markets ended the day up slightly, with the NASDAQ composite reaching a new high.

On Wednesday, the EIA petroleum status report for the week ending February 3rd saw crude oil inventories jump a huge 13.8 million barrels, yet crude oil rose on the news to close at $52.34 a barrel. Ten year Treasuries yielded 2.33%, and gold continued its climb to settle at $1,239 an ounce. Markets closed mixed, however, the NASDAQ composite reached a new high.

On Thursday, jobless claims for the week ending February 4th fell 12,000 to 234,000, one of its lowest levels on record. President Trump also said he would announce in the next few weeks a plan that would be “phenomenal in terms of tax.” Markets closed up strongly with the S&P 500 and NASDAQ composite at record highs.

On Friday import price for January rose .4%, compared to the prior month’s .5% gain, and export prices rose .1% compared to the prior month’s .4% gain. Markets surged on the news and on optimism about Trump’s upcoming tax plan. Now let’s take a look at some stocks.

Twitter, Inc. (NYSE: TWTR) shares fell more than 10% after the company reported fourth-quarter revenue that fell short of Wall Street estimates, as the social network had trouble attracting advertisers. The company said revenue rose just 1% to $717 million in the fourth-quarter, missing analysts’ estimates of $740 million. However, earnings were 16 cents a share, beating analysts’ estimates of 12 cents per share.

Shares of Panera Bread Co. (NASDAQ: PNRA), the bakery-café restaurant operator, rose over 8% reaching new highs after topping analysts’ expectations. The company reported fourth-quarter earnings of $2.05 per share on $727.1 million in revenue, beating expectations of $2 per share. Full-year 2016 adjusted earnings per share were $6.74, but Panera anticipates adjusted earnings in 2017 to increase to between $7.45 and $7.70 a share.

On Tuesday, Disney Co. (NYSE: DIS) reported fiscal first-quarter earnings that fell short of Wall Street estimates, hurt by a decrease in subscribers and rising costs at ESPN. Total revenue fell 3% percent to $14.8 billion, while profit fell as much as 10% to $1.55 per share.

Buffalo Wild Wings, Inc. (NASDAQ: BWLD) initially fell over 5% percent as the company reported earnings that missed analyst estimates. Wall Street analysts expected earnings of $1.27 per share, but the company only hit 87 cents on revenue of $494 million. However, shares quickly climbed back up over 11%.

© 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.

source



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 2019

Business News – Financial News – Stock Exchange — Wall Street — Market News – New York Stock Exchange 2019

Welcome to Financial Buzz Market Weekly, I’m RK Walker, here at the New York Stock Exchange, bringing you a review of this week’s stock market.

On Monday markets took a pause from last week’s strong run-up as reports showed China’s exports to the U.S. fell 23% in November, and 1.1% overall. Ten year Treasuries yielded 1.83% and West Texas Intermediate crude fell slightly to $58.97 a barrel.

On Tuesday the second estimate of third quarter non-farm productivity was -.2% and unit labor costs rose 2.5%. Trade talks continued to weigh on investors as the December 15th deadline looms when increased tariffs against China will take effect. However, the U.S., Canada, and Mexico moved towards a new trade deal that has the support of the Trump administration and Democratic lawmakers.

On Wednesday the consumer price index for November rose .3% and the EIA petroleum status report for the week ending December 6th saw crude oil inventory rising 800,000 barrels. The Federal Reserve concluded their two day meeting and didn’t change interest rates. Of particular interest to investors was that the Fed doesn’t expect to change rates throughout 2020 and Fed Chair Jerome Powell said that he would have to see inflation move upward persistently and significantly before raising rates. Markets rose modestly on the news.

On Thursday jobless claims for the week ending December 7th rose 49,000 to 252,000, much higher than expected while the producer price index for November remained unchanged compared to a .4% increase the prior month. President Trump tweeted that the U.S. was very close to a big deal with China, and various news reports surfaced that U.S. negotiators offered to cut existing tariffs by up to 50% as well as cancel new tariffs set to take effect on Sunday. Markets rallied strongly on the news with the Dow Industrials closing 220 points higher, and the Nasdaq Composite and S&P 500 closing at record highs. Ten year Treasuries rose 10 basis points to yield 1.89%.

On Friday retail sales for November rose .2%, lower than expected and import prices for November rose .2% while export prices also rose .2%. China and the U.S. confirmed they have reached agreement on the terms of a phase one trade deal, however, markets didn’t move much at the open. Now let’s take a look at some stocks.

Stitch Fix, Inc. (NASDAQ: SFIX) reported its first quarter results after the closing bell on Monday. The company reported better-than-expected earnings and revenue, which sent shares higher by 10% on Tuesday morning. For the quarter, Stitch Fix reported flat earnings on revenue of $445 million, with revenue gaining 21% year-over-year, primarily driven by the growth of its active client base.

The Children’s Place, Inc. (NASDAQ: PLCE) reported its third quarter results before the opening bell on Wednesday. The company’s shares plummeted by 20% after reporting a weaker-than-expected fourth quarter guidance. For the third quarter, The Children’s Place came in with earnings of $3.03 per share on revenue of almost $525 million. The company beat expectations for both top and bottom line.

Lululemon Athletica Inc. (NASDAQ: LULU) reported its third quarter results after the closing bell on Wednesday, with earnings of $0.96 per share on revenue of $916 million. Results were better-than-expected, however, guidance was weaker-than-expected for the fourth quarter and shares slipped by 5% on Thursday morning.

Ciena Corporation (NYSE: CIEN) reported its fourth quarter results during Thursday’s pre-market hours. The company missed earnings expectations, which sent shares lower during pre-market hours, however, shares recovered and traded 15% higher by mid-day. For the quarter, Ciena reported earnings of $0.58 per share on revenue of $968 million.

Adobe Inc. (NASDAQ: ADBE) reported its fourth quarter results after the closing bell on Thursday. The Company surpassed analysts’ earnings and revenue estimates, sending shares higher by over 3% shortly after reporting. Adobe reported earnings of $2.29 per share on record quarterly revenue of almost $3 billion. Analysts anticipated earnings of $2.26 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.

source