Economic Report: Mortgage rates retreat, capping a grim spring selling season
Rates for home loans declined thanks to a wave of bond-buying, just as a particularly tough spring homebuying season came to an end.
Rates for home loans declined thanks to a wave of bond-buying, just as a particularly tough spring homebuying season came to an end.
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Freedom comes at an increasingly high cost for detained immigrants.
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U.S. stocks trade mostly lower on Thursday, while the Dow Jones Industrial Average was on track to extend its lengthy losing streak to an eighth straight day.
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Treasury prices rose, pushing yields lower, Thursday after investors grapple with the potential threat of a euroskeptic government in Italy and the impact of a trade war on a global economy
Intel Corp. Chief Executive Brian Krzanich has resigned from the company effective immediately, the tech giant said Thursday, after he was found to have violated company policies through a past relationship with another employee.
Israeli Prime Minister Benjamin Netanyahu’s wife has been indicted on charges of fraud for allegedly ordering thousands of dollars of gourmet meals at government expense to the family’s official residence.
Sirius XM Holdings Inc. shares are down 4.1% in Thursday trading after Goldman Sachs analyst Brett Feldman downgraded the stock to sell from neutral. "We believe the stock's material YTD outperformance (+40% vs. +4% for the S&P 500) has been driven primarily by a range of positioning factors including its relationship with its tracking stock , declining short interest, and Sirius's high share repurchases relative to its low float," Feldman wrote. "We see limited upside potential to subscriber... Читать дальше...
Starbucks Corp. said Thursday that it is launching two new limited-time Cold Foam Tea Lemonades on June 22 in the U.S. and Canada. Summer Sunrise includes a pineapple infusion and foam that's flavored with Teavana Passion Tango herbal tea. Passion Tango tea is included in the Summer Sunset beverage as well. Cold foam is made with blended nonfat milk and is included in other cold beverages on the menu. Starbucks, which ended Wednesday down more than 9% after announcing same-store sales guidance and its company strategy... Читать дальше...
How technology can help older people at work.
U.S. stocks opened slightly lower on Thursday, with the Dow on pace to extend its lengthy losing streak to an eighth straight day as uncertainty over trade policy continued to dominate investor sentiment. The Dow Jones Industrial Average dropped 0.2% to 24,593. If the blue-chip average finishes in the red, it will match its longest losing streak since March 2017. The S&P 500 was unchanged at 2,768. The Nasdaq Composite Index rose 0.3% to 7,803. The Nasdaq, as has recently been the case... Читать дальше...
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This is a Real-time headline. These are breaking news, delivered the minute it happens, delivered ticker-tape style. Visit www.marketwatch.com or the quote page for more information about this breaking news.
This is a Real-time headline. These are breaking news, delivered the minute it happens, delivered ticker-tape style. Visit www.marketwatch.com or the quote page for more information about this breaking news.
Shares of Helios & Matheson Analytics Inc. are down 2.4% in premarket trading after the company, which is the majority owner of MoviePass, said it has entered into an agreement to issue $164 million in convertible notes. HMNY will also issue 20,500 shares of preferred stock. The proceeds will go toward "general corporate purposes," the company said in a release. The notes will be convertible at a price of $1, while the preferred stock won't be convertible to common stock. Shares of HMNY plunged... Читать дальше...
Britain’s pound was the one of the strongest major currencies on Thursday, bouncing higher after the Bank of England’s monetary policy update.
Shares in Intel Corp. are up 2.4% in premarket trading Thursday after the company said its chief executive officer Brian Krzanich has resigned after violating the company's "non-fraternization policy." Intel said it recently became informed that Krzanich had a "past consensual relationship with an Intel employee" but investigations by internal and external counsel showed that he violated the policy, which applies to Intel managers. "Given the expectation that all employees will respect Intel's... Читать дальше...
Shares of optoelectronics company Lumentum Holdings Inc. are up nearly 4% in premarket trading after Goldman Sachs analyst Rod Hall upgraded the stock to buy from neutral. "We note that Lumentum's 3D sensing business is robust and gaining pace and the Lasers business is seeing strong demand," Hall wrote. "We further note that our detailed 3D sensing modeling shows upside vs. consensus in CY'19 as we believe consensus is underestimating the iPad/Android opportunity as well as average module maker... Читать дальше...
The mobile-payments revolution is still in its early stages. And that means big winners are still out there
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