Month: June 2019

Check out the companies making headlines before the bell: Constellation Brands – The beer and spirits producer reported adjusted quarterly profit of $2.21 per share, beating the $2.04 a share consensus estimate. Revenue also topped Wall Street forecasts. Nike – Nike reported quarterly earnings of 62 cents per share, 4 cents a share below estimates.
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People pass a sign for JPMorgan Chase at it’s headquarters in Manhattan, New York City. Spencer Platt | Getty Images Check out the companies making headlines midday Friday: J.P. Morgan Chase, Goldman Sachs, Citigroup — Shares surged more than 2% after the Federal Reserve said all major U.S.-based banks passed the central bank’s annual stress
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We’re halfway through the year at this point and while things aren’t looking awesome, they look pretty good. Consumer spending continues to rise, inflation remains low and even the trade war hasn’t seeped into the economy too much. So, why am I looking at seven F-rated stocks to sell for summer? Because all this balances
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Equity markets were mostly pensive today, the final trading day before President Donald Trump and his Chinese counterpart, President Xi Jinging, are set to meet at the G-20 summit in Japan. Had that get-together been held on Thursday, we’d likely be discussing much more action today, so hold on tight for Monday. Source: Shutterstock In
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On the surface, AT&T (NYSE: T) may look like a compelling investment. It is one of the largest telecommunications companies in the world, and T stock has a forward price-earnings ratio of under nine. Source: Shutterstock AT&T even has a 6.2% dividend yield, one of the highest among U.S. mega-cap stocks. But a closer look
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Snapchat’s owner, Snap (NYSE:SNAP), arguably sold SNAP stock to the public too early. Source: Shutterstock The evidence to support such a theory is the steep selloff SNAP stock suffered following its IPO in March 2017. Unable to effectively tangle with Facebook (NASDAQ:FB) or Twitter (NYSE:TWTR) , SNAP had fallen 70% below its initial public offering
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