Stocks traded higher for a second straight day on hopes the Federal Reserve chief will confirm expectations of easier monetary policy at a central banking summit this week.US Marketsread more
"My sense was we've added accommodation, and it wasn't required in my view," George tells CNBC's Steve Liesman.Investingread more
Apple plans to unveil three new iPhones in September, including two new "Pro" models and a successor to the iPhone XR, Bloomberg reported Thursday.Technologyread more
Corporate profits posted modest growth in the second quarter as companies brace for slowing global growth.Retailread more
Kraft has filed a contempt motion against the CFTC over a press release announcing the $16 million fine to settle claims of manipulating wheat prices.Food & Beverageread more
Former Prudent Bear Fund manager David Tice is urging investors to brace for a massive downturn.Trading Nationread more
A ruling against J&J could mean more big payouts in similar cases across the country.Health and Scienceread more
Democratic candidates face an August 28 deadline to qualify for the September debate.2020 Electionsread more
Sterling hit a three-week high against the dollar Thursday after German Chancellor Angela Merkel said a solution to the Irish "backstop" is possible before the October 31...Europe Economyread more
Target shares closed Wednesday up more than 20%, after the retailer reported impressive profit growth and a spike in traffic that surpassed analysts' expectations.Retailread more
"If I could borrow without paying any interest, or ever pay the money back, I would borrow as much as I could, too," the 'Trumponomics' co-author says.Economyread more
Here are the biggest calls on Wall Street on Monday:
Needham said Roku's "value proposition" among advertisers is "growing."
"Key take-aways from this report include: a) given similar valuations, we prefer Roku to NFLX; b) Roku's value proposition to advertisers is growing; c) SVOD rev shares represent upside to Roku estimates in 2020 and 2021; d) Roku is the dominant internet aggregator for streamed TV & movie content, like YouTube is for user generated content, at about 1/20th the valuation. "
Cantor Fitzgerald said it liked the health insurer's strong second-quarter results, growth in its Medicare Advantage business and effective cost management.
"The company recently posted strong 2Q19 results, driven by continued success in Medicare Advantage and cost management. MA continues to grow at a nice clip, and HUM's recent Louisiana Medicaid contract award demonstrates its success outside Medicare. Importantly, we believe the company's investments in population health management and social determinants of health will accelerate growth over time. "
Credit Suisse said the diversified global media company was "showing consistency" despite its recent earnings revenue miss.
"Despite 4Q19 miss at the revenue line, NWS has delivered another solid EBITDA result ahead of CSe and consensus. Current trading levels imply that the value of NWS's assets has effectively halved since the split from FOX back in 2013. We don't think this is justified given the underlying performance, and an increasing focus from management on value can act to close the valuation. "
Evercore said the energy producer's acquisition of Anadarko makes Occidental larger but less valuable.
"The company's 'Pledge' for greater capital discipline and enhanced corporate governance proved fleeting with ROCE to decline significantly due to the Anadarko transaction. The commensurate decline in valuation places OXY at a 10-year low in the equity market. "