No Whammies in Wednesday’s Data. JOLTS Rescheduled for Thursday 2 Hours, 15 Min ago No Whammies in Wednesday’s Data. JOLTS Rescheduled for Thursday With the big jobs report on hold until next Wednesday, this morning’s ADP/ISM duo had to do most of the week’s heavy lifting in terms of important econ data. […]
No Whammies in Wednesday’s Data. JOLTS Rescheduled for Thursday Read More »
Mortgage Rates Modestly Higher on Thursday. Friday’s Risks Are Bigger Mortgage rates were just a hair higher for the average lender on Thursday. The underlying bond market lost some ground following a stronger weekly Jobless Claims report and in sympathy with global bond market weakness overnight. Because rates are based on bonds, when
Mortgage Rates Modestly Higher on Thursday. Friday’s Risks Are Bigger Read More »
Rain will ease Wednesday across the Pacific Northwest after floods and winds left at least 600,000 without power, forced hundreds of people in Washington to flee their homes and killed at least one person. The respite is expected to be brief, with another powerful storm forecast to arrive Thursday, focusing mainly on Oregon. While the
Pacific Northwest Gets Brief Break Before Storms Return Thursday Read More »
Key Takeaways Abbott Laboratories has agreed to acquire Exact Sciences Corp. in a deal worth $21 billion, paying shareholders $105 per share. Exact Sciences makes a variety of cancer screening tests, including Cologuard, and expects to generate about $3 billion in revenue this year. Many pharmaceutical companies are spending billions to develop screenings and treatments
Why the Stock Price of This Cancer Screening Company Soared 17% Thursday Read More »
Key Takeaways Disney is set to report its fiscal fourth-quarter earnings before the opening bell Thursday. Wall Street analysts said they’ll be particularly focused on growth in Disney’s streaming business. Walt Disney Co. is set to report its fiscal fourth-quarter earnings before the opening bell Thursday, with Wall Street analysts looking for growth from its streaming
Disney Is Set to Report Earnings Thursday. Here’s What You Need to Know Read More »
More than a month after publishing impressive quarterly results, investors and pundits alike are still feeling good about the company. Internet discussion forum operator Reddit (RDDT 0.55%) was the talk of numerous investors on Thursday, and for the most part, the chatter was positive. The company’s share price rose by nearly 1% — good enough
Why Reddit Stock Inched Higher on Thursday Read More »
Some degree of Takeout Fever was gripping Hollywood on the second-to-last trading day of the week. On news that an entertainment sector giant might be making an attempt to buy a large peer, investors took an interest in several industry stocks on Thursday. One of these was Lionsgate Studios (LION 15.88%), whose share price surged
Why Lionsgate Stock Crushed it on Thursday Read More »
With each change to the S&P 500, the index that dominates becomes a bit more like the digital world that dominates daily life. Take the latest update: Come tomorrow, Interactive Brokers Group (IBKR) will join the broad market measure, taking the place of drugstore operator Walgreens Boots Alliance (WBA), which is set to be taken
The S&P 500 Will Get a Bit More Digital When the Index Makes Its Next Change Thursday Read More »