• UAW calls Thursday meeting to update union leaders on GM strike talks - sources
    Reuters

    UAW calls Thursday meeting to update union leaders on GM strike talks - sources

    The union representing the 48,000 workers who have been striking General Motors Co for about a month have scheduled a meeting on Thursday to update the leaders of the various union locals from around the country on the status of the talks, several people familiar with the plans said on Monday. The sides have not reached a tentative agreement that would end the strike, but progress has been made and the United Auto Workers leadership will give an update at 10:30 a.m. ET (1430 GMT) on Thursday, said the people, who asked not to be identified because the talks continue. The meeting will take place in the Detroit building where GM is based, the people said.

  • Micron Stock: Why Analysts Think It Is Undervalued
    Market Realist

    Micron Stock: Why Analysts Think It Is Undervalued

    Micron (MU) stock was up 4.21% on Friday and closed at $45.10. MU was trading 12.2% below its 52-week high of $51.39 for a market cap of $49.9 billion.

  • Lockheed Martin (LMT) Gains As Market Dips: What You Should Know
    Zacks

    Lockheed Martin (LMT) Gains As Market Dips: What You Should Know

    Lockheed Martin (LMT) closed at $382.61 in the latest trading session, marking a +0.3% move from the prior day.

  • IBM (IBM) Q3 Earnings on Deck as Earnings Season Gets Underway
    Zacks

    IBM (IBM) Q3 Earnings on Deck as Earnings Season Gets Underway

    IBM (IBM) is set to report their third quarter results after the closing bell on Tuesday, October 15th as Q3's earnings season gets underway this week.

  • Wages, pensions, plant investments still issues in GM strike
    Associated Press

    Wages, pensions, plant investments still issues in GM strike

    With the strike by factory workers against General Motors in its 29th day, there are signs that negotiators may be moving toward an agreement. "The fact that they're not name-calling anymore, at least for now, they've stayed a little later at least," said Art Schwartz, a former GM negotiator who now runs a labor consulting business in Ann Arbor, Michigan. Late Monday, the union summoned its General Motors Council, a group of factory-level union officials, to a meeting in Detroit on Thursday.

  • ETFs in Focus as IBM Gears Up to Report Q3 Earnings
    Zacks

    ETFs in Focus as IBM Gears Up to Report Q3 Earnings

    International Business Machines is scheduled to report third-quarter 2019 results on Oct 15 after market close.

  • JPMorgan, Netflix, IBM, Micron and Wells Fargo are part of Zacks Earnings Preview
    Zacks

    JPMorgan, Netflix, IBM, Micron and Wells Fargo are part of Zacks Earnings Preview

    JPMorgan, Netflix, IBM, Micron and Wells Fargo are part of Zacks Earnings Preview

  • Progressive (PGR) to Report Q3 Earnings: Is a Beat in Store?
    Zacks

    Progressive (PGR) to Report Q3 Earnings: Is a Beat in Store?

    Progressive's (PGR) third-quarter premiums are likely to have benefited from solid policies in force, higher retention, competitive rates and compelling product portfolio.

  • Raytheon-United Technologies Merger Gets Shareholder Nod
    Zacks

    Raytheon-United Technologies Merger Gets Shareholder Nod

    Raytheon's (RTN) shares rise after shareholders approve for its merger with United Technologies. The merger is expected generate a conglomerate worth $121 million.

  • China’s Auto Market Slowdown Deepens—Ford, GM Reel
    Market Realist

    China’s Auto Market Slowdown Deepens—Ford, GM Reel

    China, the world’s largest auto market, is faltering like never before. September was the 15th month of annual car sales decline for the company.

  • What's in Store for Crown Castle (CCI) This Earnings Season?
    Zacks

    What's in Store for Crown Castle (CCI) This Earnings Season?

    While high demand for infrastructure and healthy leasing activities might have driven Crown Castle International's (CCI) Q3 performance, pricing power and high-leveraged balance sheet are concerns.

  • Ameren (AEE) Announces Quarterly Dividend Increase of 4.2%
    Zacks

    Ameren (AEE) Announces Quarterly Dividend Increase of 4.2%

    Ameren's (AEE) latest dividend hike marks the sixth consecutive year of an increase.

  • What's in the Cards for SL Green Realty (SLG) in Q3 Earnings?
    Zacks

    What's in the Cards for SL Green Realty (SLG) in Q3 Earnings?

    Low leasing velocity and negative net absorption in the Manhattan office market will likely have negatively impacted SL Green Realty's (SLG) Q3 results.

  • China Trade Deal: Will Uptrend in Chip Stocks Continue?
    Market Realist

    China Trade Deal: Will Uptrend in Chip Stocks Continue?

    The US and China reached the first phase of the trade deal after struggling for over a year. The “very substantial” deal happened after 13 rounds of talks.

  • Accenture to Snap Up Martech and Adtech Expert Sutter Mills
    Zacks

    Accenture to Snap Up Martech and Adtech Expert Sutter Mills

    Sutter Mills' addition will help Accenture (ACN) increase its data-driven marketing strategy, adtech and martech capabilities.

  • Trade war pause, retail sales, bank earnings – What to know in the week ahead
    Yahoo Finance

    Trade war pause, retail sales, bank earnings – What to know in the week ahead

    The coming week’s docket of economic reports and earnings releases comes just following the Trump administration’s announcement of a partial trade deal with China late last week.

  • UAW boosts strike pay as GM walkout continues
    Reuters

    UAW boosts strike pay as GM walkout continues

    The United Auto Workers union said Saturday it will boost strike pay for 48,000 hourly workers at General Motors Co by $25 a week to $275 (218.50 pounds) as a strike against the largest U.S. automaker nears the end of its fourth week. Talks were continuing late Saturday afternoon to try to resolve the longest nationwide strike at GM since 1970, both sides said. The UAW also said it would allow members striking to take on part-time jobs without reducing their strike pay – as long as they perform picket-line duties.

  • Exclusive: Sempra nears $3 billion Chile sale to China's State Grid - sources
    Reuters

    Exclusive: Sempra nears $3 billion Chile sale to China's State Grid - sources

    Sempra has been seeking to bolster its finances and increase its appeal to investors after a wave of wildfires in California exposed it and other utilities to more legal liabilities. Sempra's deal with State Grid Corporation of China could be announced as early as next week, the sources said, cautioning it was still possible that negotiations may falter at the last minute and asking not to be identified because the matter is confidential. Sempra declined to comment, while State Grid Corporation of China did not immediately respond to requests for comment.

  • Tesla's (TSLA) Rally Could Be An Opportunity
    Zacks

    Tesla's (TSLA) Rally Could Be An Opportunity

    The market for electric vehicles is proven, and Tesla not only is the market leader, but it produces the highest-quality vehicles.

  • Mexican motor city 'getting desperate' as GM's U.S. strike takes heavy toll
    Reuters

    Mexican motor city 'getting desperate' as GM's U.S. strike takes heavy toll

    Half a continent away from the auto plants of Detroit, U.S. strikes at General Motors (GM) have sent shivers through the central Mexican city of Silao, where the local GM factory furloughed 6,000 workers last week when parts from the United States ran out. Rich or poor, residents are anxiously hoping the labour dispute will end so the company reopens the plant, which has been an anchor of the local economy since GM arrived a generation ago, transforming the landscape forever. "General Motors is the biggest source of income here.

  • Why AMD Stock Could Surge after Its Q3 Earnings
    Market Realist

    Why AMD Stock Could Surge after Its Q3 Earnings

    Some options traders are actively betting that AMD stock will rise after the company reports its Q3 earnings at the end of October. Let's look closer.

  • Lisa Su Marks a Productive Five Years as AMD’s CEO
    Market Realist

    Lisa Su Marks a Productive Five Years as AMD’s CEO

    Today, Lisa Su completed five years as the CEO of AMD. In these five years, she's brought it back from near bankruptcy and made it into a worthy competitor.

  • What to Expect from Q3 Earnings Season with Big Banks Set to Report?
    Zacks

    What to Expect from Q3 Earnings Season with Big Banks Set to Report?

    What to Expect from Q3 Earnings Season with Big Banks Set to Report?

  • Oil producers, refiners face surging global freight rates after U.S. sanctions
    Reuters

    Oil producers, refiners face surging global freight rates after U.S. sanctions

    HOUSTON/NEW YORK/LONDON (Reuters) - Rates to charter oil tankers from the Arab Gulf, United Kingdom and the U.S. Gulf Coast to Asia surged to fresh highs on Friday as global oil traders grappled with a tanker shortage in the aftermath of U.S. sanctions on units of Chinese giant COSCO. Occidental Petroleum Corp tentatively chartered a supertanker to ship U.S. crude from the U.S. Gulf Coast to Asia for a record $15.8 million this week, three sources said on Friday. Royal Dutch Shell chartered the Suezmax vessel Amoureux this week for $9.2 million to ship crude from Teesport, U.K. to Dalian, China in early November, according to a shipping source and Refinitiv Eikon data.