Chinese trade negotiators suddenly canceled a visit to meet U.S. farmers after they wrapped up trade talks in Washington this week.Marketsread more
Blackstone Executive Vice Chairman Tony James says he's less optimistic now than before that the U.S.-China trade war could be resolved, but even a smaller deal could help...World Economyread more
The Pentagon will deploy U.S. forces to the Middle East on the heels of the attack on Saudi Arabian oil facilities, United States Secretary of Defense Mark Esper announced...Defenseread more
President Trump also said he is "not looking for a partial deal" with Beijing, moving away from his suggestion last week that he would consider an "interim deal."Politicsread more
Progress on trade talks will determine how far market will move above new highs.Trader Talk with Bob Pisaniread more
"Sure, the trade war's taking its toll on business ... it's just not taking its toll where it was supposed to," Jim Cramer says.Mad Money with Jim Cramerread more
Joe Biden called on President Donald Trump Friday to release the transcript of a call with a foreign leader that is the subject of a whistleblower complaint. Biden described...Politicsread more
For investors taking a breather from the chaos in August, buckle up as the market is about go crazy again, Goldman Sachs warned.Marketsread more
Palantir Technologies is targeting a valuation of at least $26 billion in a private fundraising round, the first for the Peter Thiel-backed data analytics startup in four...Wall Streetread more
Michael Pack, a conservative filmmaker linked to Steve Bannon, saw at least $1.6 million in donations from his nonprofit sent into the coffers of his independent production...Politicsread more
The New England Patriots released Antonio Brown just 11 days after signing the wide receiver. The NFL Super Bowl champion team initially had kept him in the face of a rape...Sportsread more
Check out the companies making headlines before the bell:
Walt Disney – Walt Disney reported adjusted quarterly profit of $1.48 per share, 14 cents a share above estimates. Rrevenue also topped forecasts. The fiscal fourth quarter beat concluded a record year for Disney, with results helped by a strong performance by Disney's movie operations as well as higher theme park attendance.
Procter & Gamble – P&G unveiled a major reorganization of its operational structure, cutting the number of business units to six from 10. The changes will take effect in July 2019.
Monster Beverage – Goldman Sachs reiterated its "buy" recommendation and added the stock to its "Americas Conviction List." Monster shares fell more than three percent Thursday on concern about the introduction of a competing drink from Coca-Cola, but Goldman feels the downside risk to Monster from such a drink is limited.
StoneCo – Berkshire Hathaway has taken an 11.3 percent passive stake in the Brazilian payments processor as of October 29, according to a Securities and Exchange Commission filing. StoneCo went public on Nasdaq on October 25.
Revlon – The cosmetics company lost 21 cents per share for its latest quarter, less than the 40 cents a share loss expected by the single analyst who provided estimates to Refinitiv. Revenue was above that one estimate, and Revlon said it was continuing to streamline operations with moves that will include some headcount reduction.
Potbelly – The sandwich chain earned an adjusted 9 cents per share for its latest quarter, missing consensus estimates by 2 cents a share. Revenue also missed Street forecasts, with comparable sales at company owned locations declining by 0.2 percent. The company said it is pleased with its progress in improving customer traffic.
Activision Blizzard – Activision reported adjusted quarterly profit of 52 cents per share, beating estimates by 2 cents a share. The videogame publisher's revenue matching analysts' forecasts, however the shares are being pressured by a weaker-than-expected current-quarter forecast due in part to weakness in its "Destiny" franchise.
Hertz Global – Hertz earned adjusted $2.14 per share for its latest quarter, beating the consensus estimate of $1.71 a share. The car rental company's revenue also beat Wall Street projections. Hertz said it is pleased with the results of its operational turnaround, with revenue and profit having increased year-over-year for the fourth consecutive quarter.
Dropbox – Dropbox beat estimates by 5 cents a share, with adjusted quarterly profit of 11 cents per share. The cloud storage company's revenue also topped forecasts and Dropbox gave an upbeat current-quarter revenue forecast on an expansion in its paying customer base.
Yelp – Yelp fell a penny a share shy of expectations, with profit of 9 cents per share. The company's revenue came in short of estimates, as well. The online review site operator said it is addressing the issues that impacted its quarterly results, although it expects them to impact current quarter results as well. Yelp's quarter was impacted in part by no longer requiring business customers to commit to a fixed time period for advertising.
Allstate – The insurance company is mulling the sale of its fixed annuities business, according to a Bloomberg report. The unit is said to have a book value of $4 billion to $5 billion.
The Trade Desk – The company earned an adjusted 65 cents per share for the latest quarter, beating the consensus estimate of 50 cents a share. The developer of programmatic advertising technology also saw revenue come in above Street forecasts, boosted by an increase in the company's international business.