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2 Articles
Source: Fox News

Stock futures trade higher on China-US talks optimism

Today 11:44 GMT

Equity futures were pointing to a higher open on Friday when the market opens as progress was reported in this week’s trade meeting between U.S. and Chinese officials.

Meanwhile, Amazon shocked New York City on Thursday by saying that it will not go ahead with a previously announced plan to build a major corporate campus, dubbed "HQ2," in the city after facing strong opposition from local and state lawmakers and some area residents, according to a statement.

1 Article
Source: Common Domain

European stocks headed for best weekly gain since late 2018

Today 11:44 GMT

European stocks climbed on Friday, with the main index setting up for the strongest weekly gain since late last year, as investors cheered signs of progress on a U.S.-China trade deal and upbeat earnings.

The Stoxx Europe 600 SXXP, +1.32%  climbed 1% to 367.52, with a weekly gain of 2.5% setting it up for the best one-week return since early November, according to FactSet. Within the region, France’s benchmark CAC 40 PX1, +1.76%   index was the best performer, rising 1.4% to 5,133.22.

1 Article
Source: Common Domain

A Roku Bull Boosts His Outlook as Earnings Approach

Today 05:09 GMT

For non-personal use or to order multiple copies, please contact Dow Jones Reprints at 1-800-843-0008 or visit www.djreprints.com.

Wall Street expects earnings of 3 cents per share under standard accounting methods, or 5 cents without them, according to FactSet, with revenue of $261.9 million. The Wall Street consensus for 3 cents in EPS has been unchanged since the end of November, but the stock has risen more than 20% since then, though it hasn’t quite regained its late-September highs.

1 Article
Source: Common Domain

CenturyLink’s stock plummets to 2-decade low after dividend chopped in half

Today 11:44 GMT

Shares of CenturyLink Inc. plummeted Thursday to the lowest levels seen since the late-1990s, after the communications services company slashed its dividend by more than half, prompting a number of Wall Street analysts to cut their ratings and price targets.

UBS analyst Batya Levi downgraded the stock to hold, after being at buy for over three years, and cut the price target to $14 from $24.. Levi said the previous bullish rating rested on CenturyLink’s ability to stabilize free cash flow and sustain its dividend policy.

1 Article
Source: Fox News

Trump shares video compilation of Democrats at State of the Union to track of R.E.M.'s 'Everybody Hurts'

Today 10:49 GMT

President Trump on Friday shared a highlight reel of Democratic lawmakers looking less than pleased at the State of the Union, with the track of R.E.M.'s melancholy "Everybody Hurts” echoing in the background.

“Madame Speaker, members of Congress, the state of our union is strong,” Trump says, the video first zooming in on Sen. Bernie Sanders, I-Vt., with a blank stare; and cutting to Sen. Kirsten Gillibrand, D-N.Y., who seemingly lets out a large sigh and eye roll when listening to Trump.

1 Article
Source: Common Domain

Facebook Could Pay Billions Over Privacy. Investors Aren’t Too Worried.

Today 11:45 GMT

Facebook faces a record multibillion-dollar fine from the Federal Trade Commission, but investors don’t seem deeply concerned.

Shares of Facebook (ticker: FB) were down 1.3% to $161.77 on Friday afternoon following an article late Thursday saying the social-networking giant and FTC officials are in discussions to settle an agency investigation into Facebook’s privacy practices. The story, published by the Washington Post, made it clear that the payment could be much larger than had been expected.

2 Articles
Source: Common Domain

Cisco stock rises as earnings, outlook top expectations

Thursday 00:35 GMT

Cisco Systems Inc. shares rose in the extended session Wednesday after the network giant’s quarterly results topped Wall Street estimates.

Of the 27 analysts surveyed by FactSet, Cisco on average was expected to post adjusted earnings of 72 cents a share for the second quarter.

1 Article
Source: Reuters

Investors grab Brexit bargains among UK housebuilders

Today 06:59 GMT

Daring investors are dipping their toes back into UK housebuilders, attracted by high dividend yields and low valuations even though they are seen as among the most vulnerable sectors in the event of a messy Brexit.

As Britain’s exit from the EU remains shrouded in fog, housebuilders have been top targets for short sellers betting on a fall in the shares, but recent data shows short positions have fallen and some investors are buying back in.

1 Article
Source: Global News

Most Canadians trust media, but a similar share worry about fake news being weaponized: survey

Today 05:09 GMT

Nearly three-quarters of Canadians profess trust traditional media, but the same share admitted to be worried about false information, and fake news being weaponized, said a poll released by a global communications firm on Thursday.

The Edelman Trust Barometer found 71 per cent of Canadians saying they’re increasingly concerned about fake news, with the share of worried respondents having climbed six points from last year.

1 Article
Source: Reuters

Nvidia full-year sales outlook tops analyst views; shares rise

Today 00:34 GMT

(Reuters) - Chip maker Nvidia Corp on Thursday forecast sales for its current fiscal year that topped Wall Street expectations, sending its shares up 8 percent in late trading.

Its shares were up 8 percent to $167.40 in late trading, after closing up 1.09 percent at $154.53 in regular trade on Nasdaq.

1 Article
Source: Reuters

Berkshire trims Apple stake, adds Suncor and Red Hat, exits Oracle

Friday 15:26 GMT

(Reuters) - Warren Buffett’s Berkshire Hathaway Inc said it trimmed its stake in iPhone maker Apple Inc, its largest stock investment, and added positions in Canada’s Suncor Energy Inc and software company Red Hat Inc.. Berkshire also appeared to have shed a $2.13 billion stake in database software company Oracle Corp after having first disclosed it only in November.

Berkshire confirmed its new, $261 million stake in StoneCo Ltd, a Brazilian credit card processor that went public in October.

1 Article
Source: Common Domain

Nvidia stock bounces back after clearing lowered earnings bar

Friday 21:50 GMT

Nvidia Corp. shares rallied in the extended session Thursday after the chip maker topped Wall Street’s lowered earnings expectations for the quarter thanks to server sales, but predicted that revenue would stay flat or fall this year.

The stock has been beaten down since Nvidia first signaled issues with its graphics chips in the last earnings report: IN the past three months, Nvidia shares have dropped 22%, while the S&P 500 index SPX, -0.27% has gained 1.6%, the tech-heavy Nasdaq Composite Index COMP, +0.09%  has risen 4.1%, and the PHLX Semiconductor Index SOX, +0.25%   is up 12.5%.

1 Article
Source: Global News

Telus says ban on Huawei over national security concerns could set back 5G network plan

Friday 15:26 GMT

Telus Corp. acknowledged Thursday that the deployment of its fifth-generation wireless network could be delayed and be more expensive than anticipated if Ottawa chooses to ban equipment from Huawei Technologies Inc.

A ban on Huawei equipment “could have a material, non-recurring, incremental increase in the cost of Telus’ 5G network deployment and, potentially, the timing of such deployment,” the company said.

1 Article
Source: Fox News

A Valentine's Day lesson: I have married over 600 couples – Here's the secret I share with all of them

Friday 08:05 GMT

Marriage is a fabric woven from the tiniest deeds of daily kindness day after week after month after year after decade until someday, God willing, you will stand on the side of the marriage canopy to watch your own child become married.

Say those simple wordd, mean them, and I promise you, your wedding will truly become your marriage filled with love come what may.

1 Article
Source: Fox News

Classic cars you can buy shares in... just like a stock

Friday 12:41 GMT

Rally Rd. is new type of alternative investment platform that allows retail investors to buy shares in classic cars the company has identified with upside potential.

After a 90-day lockout period, trading windows open every month or so where stakeholders can resell their shares through a marketplace housed on the Rally Rd. app. When the company gets an offer on a car, or determines the time is right to sell, it polls shareholder interest and distributes the proceeds if it closes a deal.


“Four hostile newspapers are more to be feared than a thousand bayonets...” ― Napoléon Bonaparte