Investing News

© Reuters. Sign is seen on Wall Street near the New York Stock Exchange By David Randall NEW YORK (Reuters) – An expected interest rate cut by the Federal Reserve later this month is pushing yield-oriented U.S. fund managers further afield in search of income at attractive prices. While nearly half of the companies in

© Reuters. Traders work on the floor at the NYSE in New York By Evan Sully and April Joyner NEW YORK (Reuters) – Wall Street’s main indexes fell on Friday following a report that the Federal Reserve plans to cut interest rates by only a quarter-percentage point at the end of the month. The benchmark

CEO of Apple Tim Cook attends China Development Forum 2019 at the Diaoyutai State Guesthouse on March 23, 2019 in Beijing, China. Han Haiden | Visual China Group | Getty Images Here are the biggest calls on Wall Street on Friday: Nomura Instinet raised its price target on Apple to $180 from $175 Nomura raised

Larry Fink, chief executive officer of BlackRock Inc., speaks during a Bloomberg Television interview in New York, U.S., on Wednesday, April 19, 2017. Bloomberg | Bloomberg | Getty Images Companies are moving their supply chains out of China instead of waiting for a trade resolution between Washington and Beijing, BlackRock Chairman and CEO Larry Fink

Tesla Model 3 is being displayed for the press members ahead of 97th Brussels Motor Show at Brussels Expo Center in Brussels, Belgium on January 19, 2019. Dursun Aydemir | Anadolu Agency | Getty Images Tesla got a boost on Friday from one of its biggest Wall Street skeptics, who now sees Elon Musk’s electric

By Nupur Anand MUMBAI (Reuters) – Lenders to Jet Airways (NS:) agreed on Friday to provide some interim financing to the bankrupt airline to help it cover legal and other costs, as resolution experts look to find a potential buyer. In a regulatory filing, bankruptcy resolution firm Grant Thornton said Jet’s lenders had also approved

(Reuters) – A strong oil sector and firming expectations of more monetary easing from the world’s big central banks drove European shares half a percent higher on Friday, ending a volatile week marked by a series of luke-warm corporate earnings. Budweiser owner Anheuser-Busch InBev (BR:) topped Europe’s main index, up 4.6% after the debt-heavy brewer

By Shinichi Saoshiro TOKYO (Reuters) – Asian stocks gained and the dollar sagged on Friday after a top Federal Reserve official all but cemented expectations of a U.S. interest rate cut later this month. New York Fed President John Williams (NYSE:) said on Thursday that policymakers need to add stimulus early to deal with too-low

© Reuters. Investing.com – Intuitive Surgical (NASDAQ:) reported second quarter that beat analysts’ expectations on Thursday and revenue that topped forecasts. The firm reported earnings per share of $3.25 on revenue of $1.09B. Analysts polled by Investing.com anticipated EPS of $2.87 on revenue of $1.03B. That compared to EPS of $2.76 on revenue of $909.3M

On the 50th anniversary of the Apollo 11 mission to the moon, the leader of the National Aeronautics and Space Administration gave his predictions for the future of the space industry and how it could be a lucrative enterprise much sooner than most investors think. NASA Administrator Jim Bridenstine said, for example, that harvesting rare-earth

Apple CEO Tim Cook attends the China Development Forum in Beijing, China March 23, 2019. Thomas Peter | Reuters Raymond James on Thursday upgraded Apple shares and said that while its call may be premature it has “increased conviction in the impact of a 5G iPhone product cycle in 2020.” The firm upgraded Apple to “outperform”

Signage is displayed outside Morgan Stanley & Co. headquarters in the Times Square neighborhood of New York. Michael Nagle | Bloomberg | Getty Images Morgan Stanley‘s rich clients may have gotten surprised by their tax bills this year. The bank’s wealth management business was hit by an unexpectedly high outflow of deposits in the second

Tim Cook, chief executive officer of Apple, Inc. Daniel Acker | Bloomberg | Getty Images Here are the biggest calls on Wall Street on Thursday: Raymond James upgraded Apple to ‘outperform’ from ‘market perform’ Raymond James upgraded the stock saying it had “conviction” in the Apple 5G iPhone. “Our call may well be early –

James Gorman, chief executive of Morgan Stanley. Qilai Shen | Bloomberg | Getty Images Morgan Stanley is set to report second-quarter earnings before the opening bell on Thursday. Here’s what Wall Street expects: Earnings: $1.14 a share, 12% lower than a year earlier, according to Refinitiv Revenue: $9.99 billion, 5.8% lower than a year earlier

Dara Khosrowshahi, chief executive officer of Uber Technologies speaks on a webcast during the company’s initial public offering on the floor of the New York Stock Exchange, May 10, 2019. Michael Nagle | Bloomberg | Getty Images Morgan Stanley gave clients a bunch of earnings stock picks where the firm’s view differs from the rest

LONDON (Reuters) – Airbus (PA:) is close to a deal worth billions of dollars to sell dozens of A320neo-family and smaller A220 aircraft to Air France as the French network carries out a keenly awaited renewal of its medium-haul fleet, industry sources said. The deal could include as many as 50-70 Canadian-designed A220 jets, formerly

Reed Hastings, chief executive officer of Netflix Inc. Akio Kon | Bloomberg | Getty Images Netflix shares are cratering after it posted a rare loss in Domestic subsribers and a much smaller than expected gain in international users when the streaming company reported second-quarter earnings. Or, as Bernstein analyst Todd Juenger put it, “the Q2 curse strikes

(L-R) Actors Noah Schnapp, Caleb McLaughlin and actress Sadie Sink pose after the Stranger Things panel during day 2 of Argentina Comic Con 2018 at Costa Salguero on December 08, 2018 in Buenos Aires, Argentina. Ricardo Ceppi | Getty Images | NETFLIX Wall Street analysts were urging clients to remain calm in the wake of

Netflix Co-founder, Chairman & CEO Reed Hastings attends Q&A during Transatlantic Forum as part of Series Mania Lille Hauts de France festival on May 3, 2018 in Lille, France. Sylvain Lefevre | Getty Images Netflix shares may be getting hammered on Thursday but research from Bespoke Investment Group shows that history is typically kind to

(Reuters) – Technology stocks led a slide in European shares on Thursday as software firm SAP reported poor results and was the latest to point out the impact of a protracted trade war between the United States and China on its earnings. Europe’s most valuable tech company SAP (DE:) slipped 6.9% after telling investors they