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U.S. Housing Starts Reach 12-Year High in August

U.S. Housing Starts Reach 12-Year High in August0 Comments U.S. homebuilding reached a more than a 12-year high in August as both single- and multi-family housing construction sped up, suggesting that lower mortgage rates finally gave the housing...

Chewy Shares Fall on Wider-Than-Expected Quarterly Loss

Chewy Shares Fall on Wider-Than-Expected Quarterly Loss0 Comments Online pet-products retailer Chewy, Inc. (NYSE: CHWY) delivered better-than-expected revenue for its second quarter of 2019 but missed earnings forecasts, sending shares down as...

General Mills Announces First Quarter Financial Results

General Mills Announces First Quarter Financial Results0 Comments Shares of General Mills, Inc. (NYSE: GIS) are down about 2% on Wednesday after the food manufacturer posted mixed first quarter financial results. The Golden Valley,...

Oil Prices Rise after Attacks on Saudi Arabia Facilities

Oil Prices Rise after Attacks on Saudi Arabia Facilities0 Comments Oil prices witnessed a sharp rise over the weekend after Saudi Arabia’s oil facilities were attacked during pre-dawn hours on Saturday. The attacks eliminated more than half of...

Kraft Heinz Slips as 3G Capital Cuts Stake

Kraft Heinz Slips as 3G Capital Cuts Stake0 Comments Kraft Heinz Company (NASDAQ: KHC) stock fell as much as 3.8% on Tuesday after its second-largest shareholder 3G Capital Partners sold more than 25 million shares in the American food giant. The...

Tens of Thousands of GM Auto Workers Go on Strike

Tens of Thousands of GM Auto Workers Go on Strike0 Comments The United Auto Workers union (UAW) went out on strike against General Motors Company (NYSE: GM) Sunday night, marking the first work stoppage in the U.S. auto industry in more than a...

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U.S. Judge Approves CVS-Aetna Merger

U.S. Judge Approves CVS-Aetna Merger0 Comments A federal judge on Wednesday formally approved the merger of CVS Health (NYSE: CVS) and U.S. health insurer Aetna, Inc. Judge...

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Pfizer to Merge Subsidiary with Mylan

Pfizer to Merge Subsidiary with Mylan0 Comments Pfizer (NYSE: PFE) announced on Monday morning that its subsidiary, Upjohn will merge with Mylan (NASDAQ: MYL). Following the news, Mylan shares...

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Staff Picks

Gold Prices Advance on China’s Counter-Tariffs

Gold Prices Advance on China’s Counter-Tariffs0 Comments Gold prices advanced on Friday following China’s USD 75 Billion counter-tariff in retaliation to the U.S. import tariff on September 1 and December 15.  In addition, China also said it...

Pfizer to Merge Subsidiary with Mylan

Pfizer to Merge Subsidiary with Mylan0 Comments Pfizer (NYSE: PFE) announced on Monday morning that its subsidiary, Upjohn will merge with Mylan (NASDAQ: MYL). Following the news, Mylan shares rose by 13% during Monday’s pre-market hours. Under...

Apple Card Rolls out with help of Goldman Sachs

Apple Card Rolls out with help of Goldman Sachs0 Comments The credit card, Apple (NASDAQ: AAPL) created with Goldman Sachs is in fact not really a card.  The tech giant’s first expedition into personal finance includes a white, titanium,...

BJ’s Shares Soar on Quarterly Beat

BJ’s Shares Soar on Quarterly Beat0 Comments BJ’s Wholesale Club (NYSE: BJ) reported its second quarter financial results before the opening bell on Thursday. The wholesale retailer reported better-than-expected results and affirmed its guidance,...

Target Shares Skyrocket on Q2 Beat and Revised Guidance

Target Shares Skyrocket on Q2 Beat and Revised Guidance0 Comments Target Corporation (NYSE: TGT) reported its second quarter financial results before the opening bell on Wednesday. The retailer reported better-than-expected results and provided...

JP Morgan Launches New Data Analytics Tool

JP Morgan Launches New Data Analytics Tool0 Comments JP Morgan Chase (NYSE: JPM) has launched a new data analytical tool that will help financial advisors to predict how activist investors will influence other company shareholders in the latest...