Markets

Dow, S&P 500, Nasdaq close at record levels

Dow, S&P 500, Nasdaq close at record levels At its intraday low during the midday pullback, the Nasdaq was down 104 points, or 1.6%, before paring that steep drop. Meanwhile, the major European markets moved to the downside on the day. Many analysts and traders expect the Fed to announce its balance sheet reduction plans when its policymakers meet in September. The yield on the 10-year Treasury rose to 2.32 percent from 2.28 percent lat... [Full Article...]

Jeff overtakes Gates to become world's richest man

Jeff overtakes Gates to become world's richest man Gates has been the richest person in the world for 18 of the last 23 years-in fact, only seven people have held the title since Forbes started tracking billionaires in 1987. They hit $1,083.31 about noon Thursday. Mr. Bezos also owns the Washington Post and Blue Origin LLC, a company he founded a decade ago to lower launch costs and make reusable rockets a reality. [Full Article...]

AK Steel Holding Corporation (NYSE:AKS) Announces Earnings Results

AK Steel Holding Corporation (NYSE:AKS) Announces Earnings Results Zacks Investment Research's sales calculations are a mean average based on a survey of sell-side analysts that cover United States Steel Corporation. Northwestern Mutual Wealth Management Co. now owns 3,315 shares of the basic materials company's stock worth $112,000 after buying an additional 3,155 shares during the last quarter. [Full Article...]

Cim LLC Sells 310 Shares of Exxon Mobil Corporation (XOM)

Cim LLC Sells 310 Shares of Exxon Mobil Corporation (XOM) About 1.36M shares traded. It has underperformed by 7.29% the S&P500. Schwab Charles Investment Management Inc. now owns 19,116,927 shares of the oil and gas company's stock worth $1,567,780,000 after buying an additional 1,150,881 shares during the last quarter. [Full Article...]

Analysts See $0.04 EPS for Nokia Oyj (ADR) (NOK)

Zacks Investment Research downgraded Nokia Corporation from a "hold" rating to a "sell" rating in a report on Tuesday, April 4th. Oppenheimer Holdings, Inc. DE purchased a new position in Nokia Corporation during the second quarter valued at about $119,000. Cutter & CO Brokerage Inc. now owns 21,192 shares of the technology company's stock valued at $115,000 after buying an additional 2,700 share... [Full Article...]

Caterpillar, Inc. (NYSE:CAT) Position Decreased by Smith Moore & CO

Caterpillar, Inc. (NYSE:CAT) Position Decreased by Smith Moore & CO Beddow Capital Management Inc sold 17,395 shares as Caterpillar ( CAT)'s stock rose 3.62%. Caterpillar Inc . ( Caterpillar ), launched on March 12, 1986, is a manufacturer of construction and mining equipment, diesel and natural gas engines, industrial gas turbines and diesel-electric locomotives. [Full Article...]

Bristol-Myers Squibb Company (BMY) Releases FY17 Earnings Guidance

The Global Endowment Management Lp holds 48,580 shares with $2.84M value, down from 65,880 last quarter. Bristol Myers Squibb Co now has $87.30B valuation. Therefore 33% are positive. Current levels places Bristol-Myers Squibb Company (NYSE: BMY)'s stock about -6.67% from the 50-day high and 4.81% away from the 50-day low. [Full Article...]

Intel Corporation (NASDAQ:INTC) Stake Boosted by BTIM Corp

Intel Corporation (NASDAQ:INTC) Stake Boosted by BTIM Corp On average, equities research analysts forecast that Intel Corporation will post $2.86 EPS for the current year. On a GAAP basis, First Solar 2Q 17 earnings were 50 cents per share, compared to the 11 cents per share in losses the company reported in the year-ago quarter. [Full Article...]


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