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Archive US: Trading

  • The U.S. bond market is signaling investors have scaled back their outlook for an inflation pickup as skepticism sets in about whether President Donald Trump will be able to deliver on pledges for major tax reform and an infrastructure spending binge. It really accelerated after the failure of healthcare reform, "said Steve Kang, Citi's interest rate...

  • Trader breaks down the weakness in crude

    Todd Gordon of TradingAnalysis.com breaks down the day's move in crude.

  • *Two key Libya oilfields restart, sources tell Reuters. *OPEC sec-gen's comments point to an extension of global cut. New York, April 27- Crude prices fell more than 1 percent on Thursday as the restart of two key oilfields in Libya pumped more crude into an already bloated market.

  • The airline's shares fell as much as 4.3 percent to $54.52 in morning trading on Thursday. However, the Dallas, Texas- based carrier expects unit revenue in the current quarter to rise 1-2 percent. "Unit revenue trend for Q2 is improving but it is slightly worse than elevated investor expectations, which have increased in recent weeks," Cowen& Co analyst Helane...

  • CHICAGO— Grain futures were mostly lower Thursday in early trading on the Chicago Board of Trade. Wheat for May delivery was 5 cents lower at $4.07 a bushel; May corn was off 4.60 cents at $3.6040 a bushel; May oats was up. 60 cent at $2.2260 a bushel while May soybeans fell 5 cents to $9.4820 a bushel. April live cattle was 1.92 cents higher at $1.3290 a pound; April feeder...

  • NEW YORK— U.S. stock indexes fluttered up and down Thursday, then ended the day a hair above where they started. Gains by Under Armour, Comcast and other companies reporting stronger-than-expected profits on Thursday helped to offset a slump in energy stocks. The encouraging reports added to the lengthening list of companies saying they earned more in the first...

  • Shares of the Saskatoon, Saskatchewan- based fertilizer producer rose 1.6 percent in early New York trading, touching a three-week high. Potash said it expected full-year earnings of 45 cents to 65 cents per share, up from its prior forecast of 35 cents to 55 cents. Bernstein analyst Jonas Oxgaard said earnings benefited from a lower tax rate as well as stronger...

  • SUMMIT, N.J. _ Celgene Corp. on Thursday reported first-quarter earnings of $941 million. Celgene expects full-year earnings in the range of $7.15 to $7.30 per share, with revenue in the range of $13 billion to $13.4 billion. Celgene shares have climbed 8 percent since the beginning of the year, while the Standard& Poor's 500 index has climbed almost 7 percent.

  • LOS ANGELES _ CBRE Group Inc. on Thursday reported first-quarter profit of $129.6 million. The average estimate of four analysts surveyed by Zacks Investment Research was for earnings of 33 cents per share. CBRE shares have risen almost 10 percent since the beginning of the year, while the Standard& Poor's 500 index has climbed roughly 7 percent.

  • BALTIMORE— Under Armour slipped to a loss in its first quarter as costs rose, but it still beat Wall Street expectations and shares surged more than 11 percent before the market opened Thursday. International revenue, from Europe, the Middle East, Africa, the Asia-Pacific and Latin America regions, made up 20 percent of total revenue in the quarter.

  • MEMPHIS, Tenn. _ International Paper Co. on Thursday reported first-quarter profit of $209 million. The average estimate of seven analysts surveyed by Zacks Investment Research was for earnings of 56 cents per share. International Paper shares have climbed roughly 2 percent since the beginning of the year, while the Standard& Poor's 500 index has risen almost...

  • FINDLAY, Ohio _ Marathon Petroleum Corp. on Thursday reported first-quarter earnings of $30 million. The average estimate of eight analysts surveyed by Zacks Investment Research was for a loss of 1 cent per share. Marathon Petroleum shares have decreased 1.5 percent since the beginning of the year, while the Standard& Poor's 500 index has climbed roughly 7...

  • DALLAS— Southwest Airlines' first-quarter earnings fell 32 percent as it flew more passengers but took in less revenue on average from each one. The disappointing quarter dragged down Southwest shares in early trading. Revenue for each seat flown one mile by Southwest, a proxy for average fares, fell 2.6 percent in the quarter.

  • AUBURN HILLS, Mich. _ BorgWarner Inc. on Thursday reported first-quarter profit of $189.2 million. BorgWarner expects full-year earnings to be $3.50 to $3.60 per share, with revenue in the range of $8.81 billion to $9.04 billion. BorgWarner shares have climbed 4 percent since the beginning of the year, while the Standard& Poor's 500 index has climbed roughly 7...

  • HOUSTON _ National Oilwell Varco on Wednesday reported a loss of $122 million in its first quarter. The average estimate of 14 analysts surveyed by Zacks Investment Research was for a loss of 20 cents per share. National Oilwell Varco shares have dropped slightly more than 3 percent since the beginning of the year, while the Standard& Poor's 500 index has climbed...

  • Robert Shiller makes the case for diversification

    Robert Shiller, Yale professor of economics, discusses portfolio construction and global markets with Brian Sullivan.

  • *Advancers outpace decliners on NYSE, Nasdaq. New York, April 26- U.S. stocks ticked lower on Wednesday following two sessions of strong gains as strong corporate earnings were offset by uncertainty over the feasibility of a proposed business tax cut. "A lot to digest on the tax side and to be honest we dont have a lot of details at this point aside from just a few bullet...

  • Robert Shiller on valuations

    Robert Shiller, Yale professor of economics, discusses market valuations with Brian Sullivan.

  • NEW YORK, April 26- Equities retreated from highs on Wednesday after a U.S. tax plan disappointed, while the Canadian dollar and Mexican peso weakened against the greenback on the possibility of a U.S. withdrawal from the North American Free Trade Agreement. President Donald Trump proposed slashing tax rates for businesses and on overseas corporate profits...

  • Robert Shiller talks valuations, Trump and Europe

    Brian Sullivan’s full interview with the Yale professor of economics.