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New York, US
Wednesday, January 16, 2019
Cimarex Energy Co.’s XEC shares declined 0.8% following reports that the oil and gas company would be acquiring Resolute Energy Corporation REN for $35 per share in cash and stockShares of Spectrum Brands Holdings, Inc. SPB plummeted 19% after the company reported fourth-quarter fiscal 2018 earnings of $0.79...
Check out the companies making headlines before the bell: Target – The retailer earned an adjusted $1.09 per share for the third quarter, 3 cents a share below estimates. Revenue exceeded forecasts, however, and comparable-store sales were up 5.1 percent, just slightly below the Refinitiv estimate of a 5.2...
In the past several days, the markets have become convinced Fed officials are intentionally signaling that they could pause from raising interest rates next year. The recent speeches from several officials have been interpreted as being more dovish, even if the officials haven't strayed much from their core message...
Check out the companies making headlines after the bell: Urban Outfitters shares rose over 6 percent during after-hours trading Monday after the retailer beat analysts' expectations on revenue and earnings. The company reported earnings of 70 cents a share versus an estimate of 62 cents a share. Third-quarter revenue...
Markets closed mostly higher on Friday as President Donald Trump’s comments renewed hopes that trade disputes with China would be resolved in the near term. This gave a...
Williams-Sonoma, Inc.’s WSM shares declined 11.2% after the company reported third-quarter 2018 revenues of $1,357 million, missing the Zacks Consensus Estimate of $1,363 millionShares of PG&E Corporation PCG surged 37.5% after the company said that it doesn’t want to enter bankruptcy and Bank of America Corporation BAC reportedly...
Names on the move ahead of the open. 2018-11-19 12:45:00 Read more from source here...
As stocks enter the short Thanksgiving holiday week, investors looking for any signs of a market comeback are paying close attention to trade developments with China. President Donald Trump gave the market a boost Friday when he said he was hopeful the U.S. and China would strike a deal...
Once-mighty General Electric is fighting to stay off the junk heap. GE's stock has become a sliver of its former self, and its bonds are now trading as if they are already junk-rated. That puts pressure on new CEO Larry Culp to quickly raise cash and cut debt to...
Wall Street finished in the green reversing its five-day negative trend on Thursday following news that United States and China have ramped up their efforts to resolve lingering...

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