Posts by Yahoo Finance

  • Nasdaq set to top record; Apple Watch deliveries; Comcast abandons merger

    Yahoo Finance at Yahoo Finance 2 days ago

    Investors ending the week on a high note following yesterday's record-setting performance for the Nasdaq (^IXIC).

    Yahoo Finance Senior Columnist Michael Santoli says this Nasdaq looks nothing like the one during the dot-com heyday of 2000 that set the last all-time high.

    "It's a much more large-cap focused," he points out. "It used to be about entrepreneurs, the next hot thing and essentially these scrappier companies that were trying to catch lightning in a bottle. And now it's more established businesses."

    Wall Street also keeping an eye on an unusual durable goods report.  The Commerce Department saying March orders jumped a much-more than expected 4%...however, leaving out transportation, orders actually fell 0.2%.

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    Here’s a look at some of the stocks the Yahoo Finance team will be tracking for you today.

    Comcast, Time Warner Cable deal dead

    Chipotle at your door

  • Jay Z streaming service flops, $84m Lehman trial begins and cash is not king

    Yahoo Finance at Yahoo Finance 3 days ago

    It's a day of red arrows across all the major stock indices (^DJI, ^GSPC, ^IXIC). Weak homes sales and a slight uptick in unemployment claims, combined with some mixed earnings from key names like General Motors (GM) and Catepillar (CAT) are keeping stocks in negative territory through the first half of the trading day.

    Get the Latest Market Data and News with the Yahoo Finance App

    Here are some of the other stories Yahoo Finance is keeping an eye on today.

    Lehman lawsuit The trial involving a former Lehman Brothers trader suing the company continues in New York. Jonathan Hoffman claims Lehman owes him $84 million...even though the company that took over Lehman--  Barclays (BCS) --  had paid him that much. 



  • TD Ameritrade CEO believes rate hike coming in December

    Yahoo Finance at Yahoo Finance 3 days ago

    Federal Reserve officials may be meeting next week to discuss the timing of the first interest rate hike in nearly a decade, but don't expect that higher rate to kick in for months.

    Fred Tomczyk, CEO of TD Ameritrade (AMTD), says weaker than expected economic data is likely to push the Fed's decision to December - if they decide to act at all this year.

    Get the Latest Market Data and News with the Yahoo Finance App

    "I think the Federal Reserve is going to wait until it's sure it sees the economic growth coming and sees better signs of inflation," Tomczyk said.

    A string of recent reports have showed a slowdown in the U.S. economy in the first quarter. Hiring slowed down in March, adding a disappointing 126,000 jobs last month. Consumer spending rose just 0.1% following two months of declines. Industrial output also showed significant declines, while homebuilding fell 2.5% amid a sluggish housing market.

    "It's still bullish, but I would call it cautiously bullish, not aggressively bullish like it was three or four months ago," he said.

  • Oil jobs are drying up, but this CEO explains why frackers will survive

    Yahoo Finance at Yahoo Finance 4 days ago

    The U.S. oil boom quickly became a jobs boom.  But many of those jobs are now disappearing.

    Halliburton, the oil field services giant, cut 9,000 jobs-- more than 10% of its global workforce-- during the last two quarters because of the sharp decline in oil prices.  The company's interim CFO told investors this week more layoffs may come by the end of June.

    Other parts of the U.S. economy are growing, but the loss of energy jobs is now showing up in broader measures of the job market. Employers added just 126,000 jobs in March, the smallest tally since December 2013. That report ended a 12-month streak during which the economy created more than 200,000 jobs each month.

    Energy states are now seeing some of the worst job-market declines. Job losses in March totaled 25,400 in Texas, 21,900 in Oklahoma and 3,000 in North Dakota--a sharp drop for a state with fewer than 740,000 residents.

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    More from Yahoo Finance


  • Facebook reports, Tesla's new battery and preventing another flash crash

    Yahoo Finance at Yahoo Finance 4 days ago

    It's been an up and down morning for all the major stock indices today (^DJI, ^GSPC, ^IXIC). McDonald's (MCD), Coca-Cola (KO) and Boeing (BA) all reported earnings today with the likes of Facebook (FB), eBay (EBAY) and Qualcomm (QCOM) on deck after the close today.

    Get the Latest Market Data and News with the Yahoo Finance App

    Here are some of the other stories Yahoo Finance is keeping an eye on.

  • McDonald's turnaround plan; 'Flash Crash' trader goes to court; Google's wireless service

    Yahoo Finance at Yahoo Finance 4 days ago

    Stocks (^GSPC) are not making any big moves in either direction this morning as investors scrutinize earnings from some Dow components.

    McDonald's (MCD) CEO Steve Easterbrook said the world's biggest fast-food chain is working on a turnaround plan and it will announce details May 4th. This comes after the company reported that sales declined for the 6th consecutive quarter. Guest traffic fell across all regions, including a 2.6% drop in the U.S. McDonald's shares are sharply higher in early trading. 

    Related: McDonald's fate to be decided May 4?

    Coca-Cola   (KO) shares are getting a nice pop this morning. The beverage and snack giant posting a beat on both its top and bottom lines in the first quarter. Sales rose 1% from a year earlier thanks to an uptick in beverage volume as declining Diet Coke sales were offset by solid performance across most its key brands, such as Coke Zero and Sprite.

  • Facebook, McDonald's and Google ready reports, China developer defaults

    Yahoo Finance at Yahoo Finance 5 days ago

    It's a mixed day on Wall Street with the Dow Jones Industrial Avergae (^DJI) trailing the other major indices (^GSPC, ^IXIC) after several earnings reports and some M&A activity earllier in the day moved the needle. Investors are keeping an eye on some other big names set to report in the coming days including Chipotle (CMG), McDonald's (MCD), Facebook (FB) and Google (GOOGL). Yahoo Finance's Aaron Task breaks them all down in the attached video.

  • Wall St knee-deep in earnings; Chipotle sizzles; Google's 'mobilegeddon'

    Yahoo Finance at Yahoo Finance 5 days ago

    Stocks (^GSPC) are struggling to build on yesterday's gains with investors knee-deep in earnings from some big name companies. 

    Verizon (VZ) reporting better-than-expected earnings in the first quarter. Revenue missed estimates but rose nearly 4% from a year earlier as it added more new monthly subscribers as and users added more devices to data plans.

    Related: Verizon profit beats; Under Armour fails to impress; Chipotle jumps

    United Technologies  (UTX)  posted earnings per share beat forecasts, thanks to strength in its aerospace business.  However, the stronger dollar took a toll on revenue.  Sales fell short of Wall Street views falling more than 1% from a year earlier.

    Get the Latest Market Data and News with the Yahoo Finance App

    Google “Mobilegeddon”

    Keys to the toy Factory


  • Markets bounce back, IBM readies report, ESPN vs. Verizon

    Yahoo Finance at Yahoo Finance 6 days ago

    The broader market seems to be bouncing back after Friday's slide with all three major indices (^DJI, ^GSPC, ^IXIC) solidly in the green today. It seems to be a case of "as goes China so goes the U.S. market."

    Get the Latest Market Data and News with the Yahoo Finance App

    Here are some of the other stories Yahoo Finance is keeping an eye on today.

    IBM kicks off tech earnings Tech earnings are in focus for investors this week, beginning after the close of trading today when IBM (IBM) reports. Big Blue has been leaving investors blue lately with the stock down about 15% over the past year.

    More from Yahoo Finance R.I.P. bull market?Fight over fossil fuels goes beyond college campuses Banks look cheap, but biotechs frothy

  • Fight over fossil fuels goes beyond college campuses

    Yahoo Finance at Yahoo Finance 9 days ago

    This week, students at Harvard staged a week-long protest in an effort to get the university's $36 billion endowment to divest from the oil and gas and coal industries.  Student action included blocking  the entrance to Massachusetts Hall, Harvard's oldest building, and preventing university president Drew Gilpin Faust from entering her office. On Thursday, President Faust agreed to meet with the students, who nonetheless vowed to continue the protests until Harvard's endowment divests from the oil and gas industry.

    The "divest in fossil fuels" movement is growing at colleges across the country, but it stretches beyond campuses. A number of religious groups have already divested after similar campaigns as well as public pension funds.

    But, he says, " Our public pension fund is concerned about our investment in many of these companies because obviously we believe the future is in clean energy."