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'So Far And So Fast': Stock Market Update For The Week Ahead
Sunday, June 14, 2020 - 3:30pm | 1619The Past Week, In A Nutshell What Happened: “A sell-off had become inevitable because the market had come so far and so fast, and because it involved pricing for perfection,” said John Authers, a Bloomberg Opinion columnist. Remember This: “Sooner or later we will get a real...
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Bulls & Bears Of The Week: Best Buy, Coca-Cola, Ford, Hilton, Netflix And More
Sunday, December 23, 2018 - 10:24am | 853Benzinga has featured looks at many investor favorite stocks over the past week. Bullish calls included a Detroit automaker and a video streaming giant. Bearish calls included a social media and financial giants. December has been brutal for stock investors, with major U.S. indexes down 6...
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Hertz Investors Feel The Pain Of Outsized Q3 Miss
Tuesday, November 8, 2016 - 2:47pm | 309Shares of Hertz Global Holdings, Inc (NYSE: HTZ) came crashing down to a new 52-week low of $17.20 on Tuesday after an outsized miss in its third quarter results. Even though the stock rebounded above $23 per share by early afternoon, it was still trading lower by around 35 percent from Monday...
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Jana Partners 13F Filing Shows Moves In Alibaba & Other Big Names
Friday, November 14, 2014 - 11:34am | 411In a 13F filing report on Friday, activist hedge fund Jana Partners reported all positions it held as of September 30, 2014. Jana Partners closed out positions in the following: Sold 200,000 shares of CBS Corporation (NYSE: CBS) class A shares and 4,127,149 shares of CBS Class B shares....
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Markets Mostly Higher Despite Initial Negative Reaction From FOMC Minutes
Wednesday, August 20, 2014 - 4:31pm | 2792U.S. stocks were mostly higher as the S&P 500 and Dow continue trading near historical all-time highs. The S&P 500 briefly dipped into negative territory immediately following the Federal Reserves's minutes while the Dow trading lower but stayed in positive territory. The NASDAQ...
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Markets Marginally Lower In Quiet Trading Session
Tuesday, August 12, 2014 - 3:40pm | 2553U.S. stocks were marginally lower, as investors and traders may be waiting on the sidelines for further clarity on geopolitical tension. Volume was lighter than usual, as the composite volume on the New York Stock Exchange was 2.2 billion right before the closing bell. Typically, 2.1 billion...
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Market Wrap For June 9: Markets Higher On St. Louis Fed Comments, Low Volume
Monday, June 9, 2014 - 3:42pm | 2188U.S. markets rose for the fourth straight session as investors positively digested comments coming from the St. Louis Fed. Jim Bullard, the St. Louis Fed chief said that inflation is low but moving back toward the two percent target. As such, Bullard argued that the Federal Reserve Open...
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Earnings Expectations For The Week Of June 9: Lululemon Athletica, RadioShack And More
Sunday, June 8, 2014 - 1:36pm | 734Scheduled quarterly reports from Finisar (NASDAQ: FNSR), H&R Block (NYSE: HRB), Lululemon Athletica (NASDAQ: LULU), RadioShack (NYSE: RSH) and Ulta Beauty (NASDAQ: ULTA) will highlight an otherwise quiet week on the earnings front. Hertz Global Holdings (NYSE: HTZ) was set to report earnings...
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Market Wrap For June 6: Markets Higher After In-Line Jobs Report
Friday, June 6, 2014 - 3:47pm | 1530U.S. stocks were higher on Friday, marking the third consecutive week of gains. Investors cheered May's job report which showed a slow and steady improvement in the labor market. Continuing the trend set in recent trading sessions, the Dow Jones Industrial Average and S&P 500 index...
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Market Wrap For April 16: Markets Hold On To Gains On Positive Yellen Comments And Economic Data
Wednesday, April 16, 2014 - 3:50pm | 2676U.S. stocks held on to strong gains as U.S. industrial production rose more than projected. The Fed confirmed it will maintain a "friendly" policy that will support the economic recovery. According to Fed Chief Janet Yellen there are three main concerns the central bank is facing. Specifically...
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Market Wrap For March 18: Markets Positive Despite Crimea Concerns
Tuesday, March 18, 2014 - 3:35pm | 2079U.S. stocks extended Monday's gains despite lingering concerns over Crimea. Russian President Vladimir Putin has authorized a draft treaty for Crimea to join Russia. U.S. economic data showed that housing starts in February remain healthy with modest gains. The Dow gained 0.55 percent,...
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Earnings Expectations For The Week Of March 17: FedEx, Nike, Oracle And More
Sunday, March 16, 2014 - 2:52pm | 928Fiscal third-quarter results from ostensible economic bellwether FedEx (NYSE: FDX), consumer goods giant Nike (NYSE: NKE) and leading technology company Oracle (NYSE: ORCL) will be the highlights on the earnings front this week. Packaged food producers ConAgra (NYSE: CAG) and General Mills (...
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Market Wrap For January 3: Bernanke Speaks As Fed Chairman For Last Time; Markets Little Moved
Friday, January 3, 2014 - 4:29pm | 1497Fed Chairman Ben Bernanke took to the podium today in what many consider to be his farewell speech. During his tenure, Bernanke developed the nickname "Helicopter Ben," which is likely to stick with him for some time. Bernanke noted, "The FOMC's decision to modestly reduce the pace of asset...
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Market Wrap For December 31: Markets End The Year On A Positive Note
Tuesday, December 31, 2013 - 4:29pm | 1198As markets completed its final trading day of 2013, investors and traders can look back at what turned out to be a spectacular year for equities. U.S. stocks had its best year in over a decade fueled by an improving economy and the Fed's easy money policies. Commodities on the other hand have...
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Earnings Expectations For The Week Of November 4: Disney, Tesla, Groupon And More
Sunday, November 3, 2013 - 4:32pm | 1342While many S&P 500 components have already shared their third-quarter results, there will be plenty more earnings reports for investors to mull over this week. The week's highlights include quarterly reports from media giants CBS, Disney and Time Warner, which all are expect to post earnings...