Month: February 2019

This morning, Square (NYSE:SQ) stock initially dropped before quickly reversing course. The payments processors reported fourth-quarter numbers that were largely above expectations, but included a mixed guide. Investors were initially disappointed by a weak Q1 profit guide. But they shrugged that off, and instead focused on an above-consensus full-year 2019 revenue and profit guide. Consequently, SQ
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U.S. equities are dribbling lower on Thursday as the Trump-Kim summit in Hanoi abruptly ended with no agreement. Adding to the pressure was a batch of weak economic data overnight out of Asia and a stronger-than-expected Q4 GDP report here at home, which could potentially up the pressure on the Federal Reserve to resume its
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It’s another choppy session on Wall Street as investors react to better-than-expected fourth-quarter GDP data and try to interpret continuous trade-deal headlines that keep crossing the wire. All the while, individual stocks continue to put together big-time moves. Let’s look at a few top stock trades to get see which are standing out the most.
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Share to facebook Share to twitter Share to linkedin These 23 funds are the cheapest of their type for in-and-out trades. Shutterstock What does it cost to own the whole bond market for a brief period? This ranking tells you. The table scores exchange-traded funds for their three-month holding costs, defined to include the effect
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Wall Street loves to use acronyms to group together stocks to buy through a common theme. The most famous of these acronyms is FANG, or Facebook (NASDAQ:FB), Amazon (NASDAQ:AMZN), Netflix (NASDAQ:NFLX) and Alphabet (NASDAQ:GOOG, NASDAQ:GOOGL). FANG was coined by Jim Cramer in 2013 to represent the future of the digital economy through the world’s four
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Proposed Barrick Gold Deal Barrick Gold, the world’s largest gold producer, offered to buy U.S. rival Newmont for nearly $18 billion in all-stock transaction. Under the proposed deal, Newmont shareholders would receive 2.5694 Barrick shares per Newmont share. Barrick shareholders will own roughly 55.9% and Newmont shareholders will own around 44.1% of the combined entity.
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Federal Reserve Chairman Jerome Powell sidestepped a verbal hand grenade in his Congressional testimony on Tuesday. Sen. John Kennedy, R-LA, asked Powell where he stood on recent trial balloons to restrict the ability of corporations to buy back stock. Powell reflected for a moment and said that the allocation of capital has always been left
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