Monday, February 4, 2019

Wall Street braces for its first profit decline in three years

Stocks are booming because investors care a lot more about corporate profits on Wall Street than any drama in Washington. But company earnings could soon take a turn for the worse.
CNN Business: Markets Now
 
News: What you need to know about the markets
 
 
Wall Street braces for its first profit decline in three years
Stocks are booming because investors care a lot more about corporate profits on Wall Street than any drama in Washington. But company earnings could soon take a turn for the worse. Read more »
 
Anheuser-Busch tries to make amends with corn farmers after Super Bowl ad
Anheuser-Busch, the parent company of Bud Light, is looking to make amends with the National Corn Growers Association after the beer giant aired commercials with the slogan "brewed with no corn syrup" during Sunday's Super Bowl. Read more »
 
Google has more than $100 billion in cash. It's time to pay a dividend
Google owner Alphabet ended the third quarter with more than $106 billion in cash. Read more »
 
Papa John's gets a $200 million investment and new chairman
Papa John's has a plan to turn itself around with new board members and a big check. Read more »
 
Charlotte Russe files for bankruptcy and will close nearly 100 stores
Charlotte Russe has filed for Chapter 11 bankruptcy and plans to close 94 stores, the company announced Monday. Read more »
 
Former Bond King Bill Gross is retiring
Legendary investor Bill Gross, the onetime king of the bond market, announced plans on Monday to retire after more than four decades in finance. Read more »
 
 
 
 
Dow Nasdaq S&P
+175.48   +83.67   +18.34
25,239.37   7,347.54   2,724.87
+0.70%   +1.15%   +0.68%
YTD +8.20%   YTD +10.73%   YTD +8.70%
 
Biggest Winners
Clorox Co +5.69%
 
Raytheon Co +5.24%
 
Sysco Corp +4.83%
 
McKesson Corp +3.87%
Biggest Losers
Abiomed Inc -5.89%
 
Allergan plc -3.85%
 
Electronic Arts Inc -3.06%
 
AbbVie Inc -2.45%
Hottest ETF
Hottest ETF
NYSE Market Volume
NYSE Market Volume
Key Market Stats Latest Today's Change
Oil $54.74 +0.18 / +0.33%
Gold $1,316.10 -3.20 / -0.24%
10-yr 2.72% +0.03
Euro $1.14 -0.00 / -0.16%
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