• Associated Press4 hours ago

    How major US stock indexes fared Thursday

    Banks and other large U.S. stocks fell Thursday, but smaller companies climbed, which made for a mixed finish on Wall Street. Representatives of the auto industry addressed Congress and spoke out against ...

  • AFP4 hours ago

    US stocks fall as some company earnings disappoint

    Wall Street stocks fell Thursday following a mixed round of earnings, with investors battering companies that posted disappointing results. The broad-based S&P 500 dropped 0.3 percent to 2,804.49, while the tech-rich Nasdaq Composite Index fell 0.4 percent to 7,825.30. Stocks have mostly risen during

  • Reuters5 hours ago

    Meal delivery service DoorDash hires Uber finance head as CFO

    Meal delivery service DoorDash Inc has hired Uber Technologies Inc's [UBER.UL] head of finance to be its chief financial officer, positioning the startup closer to an initial public offering and dealing another executive loss to Uber. Before Uber, Prabir Adarkar, the new DoorDash CFO, worked on

  • Markets Right Now: Banks weigh on large-stock indexes
    Associated Press5 hours ago

    Markets Right Now: Banks weigh on large-stock indexes

    The latest on developments in financial markets (all times local): 4 p.m. Banks and other large U.S. stocks fell but smaller companies climbed, making for a mixed finish on Wall Street. Banks fell Thursday ...

  • Meal delivery service DoorDash hires Uber finance head as CFO
    Reuters5 hours ago

    Meal delivery service DoorDash hires Uber finance head as CFO

    Meal delivery service DoorDash Inc has hired Uber Technologies Inc's [UBER.UL] head of finance to be its chief financial officer, positioning the startup closer to an initial public offering and dealing another executive loss to Uber. Before Uber, Prabir Adarkar, the new DoorDash CFO, worked on

  • Canadian marijuana company Tilray has first US pot IPO
    Associated Press7 hours ago

    Canadian marijuana company Tilray has first US pot IPO

    A Canadian company is the first marijuana business to complete an initial public offering on a major U.S. stock exchange, raising $153 million to expand its operations as Canada prepares to legalize the drug nationwide. British Columbia-based Tilray Inc.'s shares began trading Thursday on the Nasdaq

  • Reuters7 hours ago

    Fiat Chrysler kicks off Magneti Marelli spin-off

    Fiat Chrysler (FCA) has kicked off its planned spin-off of parts maker Magneti Marelli which will be registered in the Netherlands and listed on the Milan stock exchange, a document outlining initial plans and seen by Reuters showed. The spin-off is part of a plan by FCA Chief Executive Sergio Marchionne

  • Sports Direct profits plunge by 72% after £85m hit on Debenhams stake
    The Guardian8 hours ago

    Sports Direct profits plunge by 72% after £85m hit on Debenhams stake

    Profits at Sports Direct have plunged by nearly three-quarters after the retailer took an £85m hit on its investment in Debenhams, the struggling department store chain. The sportswear retailer, founded by the billionaire Mike Ashley, said pre-tax profits fell 72.5% to £78m in the year to 29 April,

  • Stocks- Wall Street Falls on Trade Tensions
    Investing.com8 hours ago

    Stocks- Wall Street Falls on Trade Tensions

    Investing.com – Wall Street was lower on Thursday as trade tensions resurfaced.The S&P 500 lost six points or 0.21% to 2,809.58 as of 9:42 AM ET (13:42 GMT) while the Dow decreased 57 points or 0.23% to 25,141.37 and tech heavy NASDAQ Composite was down 10 points or 0.13% to 7,844.27.Trade

  • Tilray joins Nasdaq in first US cannabis IPO
    CNBC10 hours ago

    Tilray joins Nasdaq in first US cannabis IPO

    Canadian medical marijuana company Tilray made its debut on the Nasdaq on Thursday — becoming the first pure-play marijuana company to go public on a major U.S. exchange.

  • AFP11 hours ago

    US stocks fall on disappointing earnings

    Wall Street stocks fell early Thursday, with several companies tumbling after earnings, while Comcast shares surged after the company bowed out of a bidding war with Disney for Fox media assets. About ...

  • Stocks- U.S. Futures Fall Ahead of Earnings, Trade Tension Worry
    Investing.com11 hours ago

    Stocks- U.S. Futures Fall Ahead of Earnings, Trade Tension Worry

    Investing.com – U.S. futures pointed to a lower opening bell as earnings season and trade tensions continued to rattle investors.

  • Analysis: 'Reverse Yankee' bond sales shrivel as U.S. firms take home dollars
    Reuters11 hours ago

    Analysis: 'Reverse Yankee' bond sales shrivel as U.S. firms take home dollars

    This year's near-collapse in U.S. companies' euro and sterling-based borrowing is being linked to Trump administration tax changes that are raising the appeal of bringing home cash held offshore to invest instead of tapping bond markets. The "reverse Yankee", as offshore fundraising

  • X Marks the Spot for These 2 Top Dividend Stocks
    Motley Fool12 hours ago

    X Marks the Spot for These 2 Top Dividend Stocks

    These are incredibly different companies with one major thing in common: how they return value to shareholders.

  • Snapchat's Still Suffering at the Hands of Instagram
    Motley Fool12 hours ago

    Snapchat's Still Suffering at the Hands of Instagram

    Marketers prefer Instagram, and they're shifting spending from Snapchat.

  • 2 Embarrassingly Low-Yield Dividend Stocks
    Motley Fool13 hours ago

    2 Embarrassingly Low-Yield Dividend Stocks

    Although both Franklin Electric Co. and Nordson Corp. have incredible dividend-hiking streaks, these industrial companies come up short for income investors.

  • Gold slips to one-year low as U.S. dollar firms
    Reuters13 hours ago

    Gold slips to one-year low as U.S. dollar firms

    Gold sank to a one-year low on Thursday as the dollar powered higher after comments from U.S. Federal Reserve chairman Jerome Powell which reaffirmed expectations for more interest rate rises in the world's largest economy. Powell, in a closely watched two-day congressional testimony, said he believed

  • Reuters14 hours ago

    Saudi Aramco in talks to buy stake in world's no. 4 chemical firm

    Saudi Aramco said on Thursday it is looking to buy a strategic stake in Saudi petrochemical maker SABIC , a move that could boost the state oil giant's market valuation ahead of a planned initial public offering. Aramco said in a statement that it was in "very early-stage discussions"

  • Reuters14 hours ago

    Saudi Aramco in talks to buy stake in world's no. 4 chemical firm

    Saudi Aramco said on Thursday it is looking to buy a strategic stake in Saudi petrochemical maker SABIC, a move that could boost the state oil giant's market valuation ahead of a planned initial public offering. Aramco said in a statement that it was in "very early-stage discussions" with

  • Why Welltower Inc. Is a Retiree's Dream Stock
    Motley Fool14 hours ago

    Why Welltower Inc. Is a Retiree's Dream Stock

    Retired? This healthcare REIT could be right up your alley.

  • Reuters15 hours ago

    SE Asia Stocks-Mostly up; Malaysia gains for 9th session

    * Thailand ends at 1-month high * Indonesia erases gains after cenbank decision By Karthika Suresh Namboothiri July 19 (Reuters) - Singapore marked its highest close in over three weeks on Thursday and ...

  • Reuters15 hours ago

    Exclusive: Volvo shifts production to avoid tariffs, chases record sales

    PARIS/STOCKHOLM (Reuters) - Volvo Cars is juggling production of its top-selling SUV to avoid U.S. import tariffs, Chief Executive Hakan Samuelsson told Reuters on Thursday, as the Swedish carmaker set its sights on a fifth straight year of record sales. The company is shifting XC60 SUV production for

  • Exclusive - Volvo shifts production to avoid tariffs, chases record sales
    Reuters15 hours ago

    Exclusive - Volvo shifts production to avoid tariffs, chases record sales

    PARIS/STOCKHOLM (Reuters) - Volvo Cars is juggling production of its top-selling SUV to avoid U.S. import tariffs, Chief Executive Hakan Samuelsson told Reuters on Thursday, as the Swedish carmaker set its sights on a fifth straight year of record sales. The company is shifting XC60 SUV production

  • Reuters15 hours ago

    Australia's Tabcorp pays $51 million to exit Sun Bets gaming venture

    Sun Bets will cease trading in the coming days, Tabcorp said, adding it expects to record an after-tax charge of about A$91 million relating to the exit this fiscal year. The Australian horse-race gambling house had said last month that it was in talks with News UK to exit Sun Bets. "The performance

  • Earnings disappointments pull European stocks back from month highs
    Reuters16 hours ago

    Earnings disappointments pull European stocks back from month highs

    LONDON (Reuters) - A rally in European stocks fizzled out on Thursday as poor results drove down advertising agency Publicis and a slide in metals prices dragged on the market.