Markets

Stocks making the biggest moves midday: Chipotle, PG&E, Marathon Oil and CarMax
A person wearing a protective mask enters a Chipotle restaurant in San Francisco, California, U.S., on Monday, April 19, 2021. David Paul Morris | Bloomberg | Getty Images Check out the companies making headlines in midday trading. CarMax — CarMax shares dipped more than 8% after reporting a beat on revenue but a miss on […]
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Wolfe downgrades JetBlue, says proposed acquisition of Spirit makes little sense for airline
Wolfe Research downgraded JetBlue to underperform from peer perform, citing high costs and the potential deal for Spirit. Source
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5 things to know before the stock market opens Tuesday
Here are the most important news, trends and analysis that investors need to start their trading day: 1. Stock futures jump as investors process key inflation report Traders work on the floor of the New York Stock Exchange (NYSE) in New York, March 29, 2022. Brendan McDermid | Reuters Stock futures jumped Tuesday morning as […]
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Stocks making the biggest moves in the premarket: PG&E, Hewlett Packard Enterprise, CarMax and more
Take a look at some of the biggest movers in the premarket: PG&E (PCG) – The California utility’s shares jumped 2.3% in the premarket after it reached legal settlements over two fires in Northern California. PG&E will pay $55 million and will not face any criminal prosecution over those fires. Hewlett Packard Enterprise (HPE) – […]
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Citi downgrades Starbucks, says investors should wait for more clarity on CEO plan
Starbucks CEO Kevin Johnson retired in March, and Howard Schultz returned to lead the company in a temporary role. Source
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European stocks slide 1.2% after undisclosed investor sells stakes in German banks; Deutsche Bank tanks 9.5%
LONDON — European markets sank Tuesday morning as traders monitored heaving selling in the banking sector, and looked ahead to key central bank meetings and U.S. inflation prints. The pan-European Euro Stoxx 600 index was down 1.2% in early deals, with the German DAX dropping 1.8% and the banking sector falling 2.3%. Reports on Monday […]
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In the U.S., consumers are paying more for everything. In China, the inflation problem is very different
Transportation fuel prices rose by 24.1% in China in March 2022 from a year ago, the largest increase within the country’s consumer price index. Vcg | Visual China Group | Getty Images BEIJING — Persistent inflation in China narrows the window for when the People’s Bank of China can cut interest rates and support growth, […]
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Asia-Pacific stocks slip as investors watch China’s Covid situation
SINGAPORE — Shares in Asia-Pacific slipped in Tuesday morning trade, as investors continue monitoring developments surrounding the Covid situation in mainland China. U.S. inflation data is also expected to be out later Tuesday stateside and could provide more clues on the outlook for Federal Reserve policy. The Nikkei 225 in Japan slipped 0.84% as shares […]
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