President Donald Trump sought to walk back some of his more scornful rhetoric towards U.K. leader Theresa May on Friday afternoon, offering Westminster an unprecedented olive branch post-Brexit. Speaking alongside May outside her country retreat, Chequers, Trump said: “Whatever you do is OK with us, just make sure we can trade together.” “The only thing […]
Read moreIt was four months and eight days until the 2018 midterm elections, and Anna Eskamani had not spent a penny to promote her political campaign online. Ms. Eskamani, 27, is running to represent Florida’s 47th District in the State Legislature. Like many state-level candidates, she writes her own fund-raising emails and manages her own social […]
Read moreCurrency, United States Finance
Watch: Trump holds news conference with UK Prime Minister Theresa May after he attacked Brexit plan
[The stream is slated to start at 8:45 a.m. ET. Please refresh the page if you do not see a player above at that time.] President Donald Trump is expected to hold a joint press conference Friday at Chequers with Prime Minister Theresa May during his visit to the United Kingdom. The joint presser comes […]
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Cybersecurity stocks present a compelling short-term bet for investors ahead of the 2018 midterm elections, Goldman Sachs advised clients Thursday. Pointing to an expected uptick in security spending in the run-up to November, analyst Arjun Menon told clients that the select group of stocks are likely to see upside in the months to come. “Recent […]
Read moreAT&T CEO Randall Stephenson said the chances of a successful DOJ appeal of the company’s merger with Time Warner are “remote” and that the appeal “changes nothing.” The Justice Department plans to appeal AT&T‘s $85.4 billion merger with Time Warner, according to documents released Thursday. The agency had previously declined to seek a stay, allowing […]
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Shares of PNC Financial Services rose nearly 2 percent in premarket trading Friday after beating estimates in its second-quarter earnings report. The regional bank reported earnings of $2.72 per share, beating estimates from analysts surveyed by Thomson Reuters by 14 cents. PNC also posted better-than-expected revenue, bringing $4.32 billion, compared to $4.25 billion expected. PNC […]
Read moreAmazon just hit its highest level ever. That won’t be the last record it breaks this year, says one technician. “Amazon is just a great example of momentum in markets,” Ari Wald, head of technical analysis at Oppenheimer, told CNBC’s “Trading Nation” on Thursday. “Stocks with high risk-adjusted returns over the prior year are usually […]
Read moreCheck out which companies are making headlines before the bell: JPMorgan Chase – The bank earned $2.29 per share for the second quarter, beating forecasts by 7 cents a share. Revenue was also above forecasts, helped by what CEO Jamie Dimon called “open and active capital markets” that helped drive fee and markets revenue. Walt […]
Read moreNetflix’s stunning rally so far this year may be due for a breather, according to Deutsche Bank. The firm told its clients Thursday the internet video streaming giant could miss Wall Street’s second-quarter subscriber expectations next week. Netflix shares are the second best-performing member of the S&P 500 this year. It’s up 115 percent year […]
Read moreWells Fargo reported lower revenue and profit for the second-quarter, falling short of expectations as it tries to move on from its regulatory issues. The bank said Friday that earnings per share were 98 cents on a GAAP basis, including a 10 cent per share tax expense. It was unclear whether that compares directly to […]
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