The Massachusetts senator's alarm-sounding on consumer debt neglects to measure it against the growth in the economy and the ability to pay.Economyread more
Equifax will give consumers a range of options for monitoring their credit or making claims of fraud or data misuse, part of a $425 million restitution fund.Technologyread more
Secretary of Education Betsy DeVos and her family have seen their investments skyrocket since President Donald Trump started enacting pro-business policies. Meanwhile, DeVos...Politicsread more
The construction industry is heavily dependent on Hispanic and Latino workers, a workforce that diminished during the last housing crisis and has not come close to full...Real Estateread more
See which stocks are posting big moves after the bell on July 22.Market Insiderread more
A group of gold miners stocks, "BAANG," are better plays than mega-cap FAANG names, according to John Roque, technical analyst at Wolfe Research.Marketsread more
T-Mobile is choosing to move ahead with a merger with Sprint even though it will prop up Dish Network as a new, possibly disruptive fourth U.S. wireless competitor.Technologyread more
Danger is lurking in the stock market: An abrupt sell-off could be around the corner if the Federal Reserve doesn't deliver the rate cut the market expects next week, the firm...Marketsread more
Shares of Beyond Meat jumped nearly 10% Monday, nearing its all-time high, on investor optimism ahead of its earnings.Food & Beverageread more
Carl Icahn thinks Occidental Petroleum's CEO got played by the Oracle of Omaha himself in the company's effort to buy Anadarko Petroleum.Investingread more
The U.S. Food and Drug Administration has approved the first generic copies of a popular, pricey pill for nerve pain. The agency on Monday said it approved nine generic...Biotech and Pharmaceuticalsread more
Check out the companies making headlines before the bell:
Coca-Cola – UBS downgraded the stock to "neutral" from "buy." The firm notes Coke's stable earnings growth, but adds that the company is in the midst of significant changes and that issues with any one of them could prompt management to back away from prior growth targets.
General Electric – JPMorgan Chase analyst Stephen Tusa upgraded GE to "neutral" from "underweight," but kept his price target at $6 per share. Tusa said he is less negative on GE as the number of unknown factors abates. Separately, GE announced the creation of a new $1.2 billion "Internet of Things" software company, and the sale of a majority stake in cloud-software maker ServiceMax to Silver Lake Partners.
Procter & Gamble – Bank of America/Merrill Lynch upgraded P&G to "buy" from "neutral," saying it is convinced sales and earnings momentum can be sustained following both its own analysis and meetings with company management.
Ciena – The networking equipment maker beat estimates by five cents with adjusted quarterly profit of 53 cents per share, with revenue also beating forecasts. Ciena also announced a $500 million stock buyback program.
Tailored Brands – Tailored Brands reported adjusted quarterly profit of $1.01 per share, seven cents above estimates. However, the parent of apparel chains Jos. A. Bank and Men's Wearhouse saw revenue miss estimates, and it lowered its full year guidance because of weakening comparable sales at Men's Wearhouse at the end of the third quarter.
Oxford Industries – Oxford fell three cents shy of estimates with adjusted quarterly profit of 14 cents per share, while revenue missed forecasts as well. The maker of the Tommy Bahama and Lilly Pulitzer apparel brands gave weaker than expected current quarter guidance and also cut its forecast for comparable store sales.
Apple – Apple will spend $1 billion to build a new campus in North Austin, Texas, and is also investing $10 billion in new data centers in various U.S. locations. Separately, the International Trade Commission said it would review a prior ruling that a ban on iPhone imports into the U.S. was not in the public interest, even if Apple did in fact infringe a Qualcomm patent.
SeaWorld Entertainment - The Justice Department has ended a probe in SeaWorld's response to a critical 2013 documentary. In an SEC filing, the theme park operator said the Justice Department did not intend to take any action against the company. Earlier this year, SeaWorld agreed to a $4 million penalty to settle charges that it had misled investors, while its former CEO James Atchison agreed to pay more than $1 million.
Tractor Supply – Tractor Supply was upgraded to "buy" from "hold" at Deutsche Bank, which cites a number of factors including the farming supplies maker's moves to increase profit margins.
Mondelez – Mondelez agreed to sell its Kraft-branded cheese business in the Middle East and Africa to Denmark's Arla Foods for an undisclosed amount.
Marvell Technology – The maker of digital storage and connectivity solutions was upgraded to "buy" from "neutral" at Citi, which points to increasing sales diversification and gross margin expansion.
Five Below – The discount retailer was upgraded to "buy" from "neutral" at Goldman Sachs in a valuation call. Goldman said that an 18 percent drop in the stock over the past month seems disconnected from robust fundamentals.