Stock Market

Check out the companies making headlines before the bell: Chevron – The energy producer was upgraded to “outperform” from “market perform” at Raymond James, saying Chevron is positioned better than peers to benefit from higher oil prices. Apple – Apple hired Waymo senior self-driving car engineer Jaime Waydo away from the Alphabet unit, in what’s

Saudi Arabia may have gotten blown out by Russia during its first match at the World Cup, but there seems to be no hard feelings between Crown Prince Mohammed bin Salman and Vladimir Putin. The two leaders met this past week as the Russian national soccer team clobbered Saudi Arabia 5-0 in Moscow. It appears

Check out the companies making headlines before the bell: Qualcomm – Qualcomm’s $44 billion takeover of NXP Semiconductors has not yet been approved by Chinese regulators, according to sources quoted by Reuters. That runs counter to a prior report that the deal had, in fact, been approved. AT&T – AT&T completed its acquisition of Time

Check out the companies making headlines after the bell: Shares of Adobe tumbled 3 percent in extended trading. The design software company reported better-than-expected earnings for the second quarter of its 2018 fiscal year and forecast strong third-quarter guidance. Adobe reported earnings per share of $1.66 on revenue of $2.2 billion, versus the $1.54 EPS

The U.S. and Canada Thursday agreed to continue negotiating a new NAFTA deal, amid a tense trade environment that includes an announcement Friday of new U.S. tariffs on China. U.S. Trade Representative Robert Lighthizer and Canadian Foreign Minister Chrystia Freeland agreed to continue negotiations towards a revised North American Free Trade Agreement, despite frayed relationships

Armed with new-found proceeds from the tax bill, American consumers went shopping in May, driving retail sales — and economic growth — sharply higher. The economy in the second quarter is tracking close to 4 percent growth — a level President Donald Trump raved about last December, just before the tax bill was approved. At

Check out the companies making headlines before the bell: Comcast – Comcast is offering $65 billion for 21st Century Fox assets that Fox had already agreed to sell to Walt Disney. The bid by the NBCUniversal and CNBC parent is worth $35 per share and represents a 20 percent premium over Disney’s all-stock offer. Disney

Russian President Vladimir Putin and Saudi Crown Prince Mohammed bin Salman are planning to meet Thursday ahead of next week’s important OPEC meeting, where the fate of their production deal could be decided and so could the direction of oil prices. As their national teams play each other in the World Cup, Putin and MBS,

Check out the companies making headlines after the bell on Wednesday: Shares of Tailored Brands plummeted nearly 20 percent after the bell, despite reporting first-quarter earnings and revenue that beat analysts’ expectations. The retail holding company reported earnings per share of 50 cents on revenue of $818 million, beating analysts’ estimates of 48 cents a

Federal Reserve Chairman Jerome Powell said some companies are anecdotally telling the central bank that they are holding off on investments and hiring because of Trump administration trade policies, but there are no signs of any economic impact so far. Powell, speaking at a press briefing, said he would not comment on trade specifics, but

Political uncertainty in Italy has unhinged world markets, raising the specter of a euro crisis that could ripple across the global economy and even force the Federal Reserve to slow its rate-hiking plans. Several strategists say there is little chance the euro zone’s third-largest economy will move to leave the single currency, creating a continent-wide