Stocks rose sharply on Monday as Treasury yields rebounded, quelling fears of a possible recessionUS Marketsread more
The Business Roundtable, a group of CEOs of nearly 200 major U.S. corporations, gave a new definition of the "purpose of a corporation."Marketsread more
Amazon is raising seller fees for thousands of small and medium-sized businesses in France because of a new digital tax passed by the French government.Technologyread more
J.P. Morgan says investors should remain guarded for the rest of August and wait until next month before buying stocks again.Marketsread more
U.S. Commerce Secretary Wilbur Ross said the U.S. will extend a reprieve given to Huawei that permits the Chinese firm to buy supplies from U.S. companies.Politicsread more
The conglomerate's head of investor relations released a more detailed statement about accounting practices under fire from Harry Markopolos.Marketsread more
Bianco Research's James Bianco suggests Wall Street is desperately looking for a signal that a 50 basis point cut is coming next month.Trading Nationread more
Amid the headlines of stores closures and retail bankruptcies, it can be tough to accept that the U.S. consumer is doing just fine.Retailread more
Goldman notes that high-dividend payers are trading at their largest valuation discount in nearly 40 years.Marketsread more
We tested the best way to cut the airport commute time for New Yorkers. The most expensive of the four options we reviewed, Uber Copter, was only 14 minutes faster than mass...Transportationread more
There were no more bids after $17 million. Since $17 million was below the reserve price -- or minimum required by the seller — RM Sotheby's pulled the lot.Autosread more
Check out the companies making headlines before the bell:
Morgan Stanley – Morgan Stanley reported quarterly profit of 80 cents per share, missing the 89 cents a share consensus estimate. Revenue was also below forecasts, with CEO James Gorman saying the firm's results were impacted by the volatile global market environment.
Electronic Arts – Jefferies downgraded the video game publisher's stock to "neutral" from "buy," saying it sees a risk to earnings with a slate of unproven games coming to market in 2019.
Salesforce.com – The enterprise software company's stock was rated "overweight" in new coverage at Stephens, which thinks Salesforce has a competitive advantage in a large and fast-growing market.
Becton Dickinson — The medical products maker reported adjusted preliminary first quarter profit of $2.70 per share, 9 cents a share above estimates. Revenue also topped forecasts, driven by better-than-expected performance across all three of its business units
Alcoa — Alcoa reported adjusted quarterly profit of 66 cents per share, beating forecasts by 16 cents a share. The aluminum producer's revenue was essentially in line with forecasts. Alcoa also said it expects a supply surplus in 2019, driven by Chinese production.
CSX – CSX beat estimates by 2 cents a share, with quarterly profit of $1.01 per share. The railroad operator's revenue was in line with Wall Street projections, however CSX shares fell after it forecast slower revenue growth for 2019.
Cars.com – Cars.com announced it was reviewing various strategic alternatives to enhance shareholder value, including a possible sale of the online auto marketplace operator.
Gannett – The USA Today publisher remains on watch after a late-day surge Wednesday, coming after a Wall Street Journal report that Tribune Publishing had recently tried to revive merger talks between the two. Sources told the Journal that Tribune remains interested and that Gannett may be more receptive in light of the recent takeover bid from MNG Enterprises.
Sprint — Sprint is the latest mobile network operator to say it will stop giving real-time location data on its customers to data middlemen. T-Mobile, Verizon, and AT&T and done the same earlier this month.
Goldman Sachs – Goldman removed "eight digits" worth of dollars from the bonus pool of its fixed income division in the last week of 2018, according to a Wall Street Journal report.