The deal between the White House and Democrats would raise the debt ceiling for two years and permanently end the sequester.Politicsread more
"Whether it's this year or next year, the odds of another economic downturn are high — and growing," Warren says.Politicsread 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
A different oil pricing dynamic has been evolving with new supply calculations based on the U.S. as the world's largest producer.Market Insiderread 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
Trade tensions that could lead to layoffs and a pullback from consumers are at the center of the recession case.Economyread more
Microsoft and OpenAI announced a new partnership to build artificial general intelligence to tackle more complex tasks than current AI.Technologyread more
There's a reason the film industry doesn't measure the success of modern movies against those of the past — movie ticket inflation isn't an exact science.Entertainmentread more
A US judge presiding over multidistrict litigation alleging J&J's talc baby powder causes ovarian cancer starts hearing from experts Monday.Health and Scienceread more
Investors with $1 million or more in the market expect the pace of stock market gains to slow over the remainder of 2019. But these wealthy self-directed brokerage account...Investingread more
Air-conditioner maker Lennox International pointed to colder weather as a key reason for cutting guidance and underperforming in the second quarter.Marketsread more
Check out the companies making headlines midday Tuesday:
Target — Shares of Target rose 4.6 percent after the company reported fourth-quarter results that surpassed analyst expectations. Target reported earnings of $1.53 per share, 1 cent higher than a Refinitiv estimate. Revenue came in at $22.977 billion, higher than expected. The retail company's same store sales were up 5.1 percent, while its digital sales grew more than 25 percent for the fifth year in a row.
Kohl's — Shares of Kohl's rose 7.3 percent after the retailer released better-than-expected fourth-quarter results. Kohl's reported earnings per share of $2.24 on revenue of $6.823 billion. Its comparable store sales grew by 1 percent, versus a Refinitiv estimate of 0.3 percent. The company also issued a better-than-expected profit guidance for the year.
Ciena —The telecommunication company's stock rose as much as 6.8 percent on stronger-than-expected earnings. Ciena reported adjusted earnings per share of 33 cents, topping a 30 cents estimate from Refinitiv. However, the stock later closed more than 4 percent lower.
Alphabet — Google's parent company rose 1.37 percent after analysts at Needham initiated coverage of the company with a buy rating and a price target of $1,350, implying a 17 percent upside. Needham said YouTube could be a positive catalyst for Alphabet as it sees upside to its valuation.
Tesla — Shares of Tesla fell 3.1 percent despite China's approval of Model 3 imports. Barclays also cut its price target on Tesla shares, citing recent strategic decisions made by the company that undercut the firm's bull case, which had previously positioned it as the Apple of the car world.
Tyson Foods — Analysts at Stephens initiated coverage of Tyson Foods with an overweight rating and a price target of $78 per share. That target implies a 25.3 percent upside from Monday's close. "We think its diversified product offering, best in class operations and prudent capital allocation strategy position the company to create value for shareholders," Stephens said. Tyson rose more than 2 percent.
Ingersoll-Rand — Goldman Sachs added the manufacturing company to its conviction buy list, noting its "strong order book exiting 2018, improving price/cost, and a conservative guidance range." Ingersoll-Rand shares rose more than 1 percent before closing about half a percent higher.