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Wall Street Journal US BusinessJul 16, 2019
Facebook Questioned by Lawmakers on Its Libra Digital Currency
Top Senate lawmakers questioned Facebook's plans for its own cryptocurrency, with the banking committee's leading Democrat saying the social-media giant isn't trustworthy enough to operate its own digital money.

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Facebook Libra Chief Promises to Work With Regulators Prior To Launching Cryptocurrency (Forbes Headlines)

NYTimes BusinessJul 16, 2019
Trump's Policies, Not His Heckling, May Force Fed to Cut Rates
The central bank is independent, but as the president keeps global risks alive with his trade wars, interest rate cuts become all the more likely.

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Wall Street slips as bank earnings, Trump trade comments weigh (Reuters Business)
US STOCKS-Wall Street slips as bank earnings, Trump trade comments weigh (Reuters Company News)

Reuters BusinessJul 16, 2019
As Fed approaches rate cut, policymakers debate how deep to trim
U.S. Federal Reserve policymakers, moving toward their first interest rate reduction in a decade later this month, on Tuesday sketched out arguments for whether rates should be cut by a quarter or a half a percentage point.

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NewsWatch: Is the Fed on the verge of sparking a stock-market ‘melt-up'? (MarketWatch)

CNBC FinanceJul 16, 2019
Stocks making the biggest moves after hours: United Airlines, CSX, Seattle Genetics
See which stocks are posting big moves after the bell.

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U.S. stocks end lower on concerns about bank earnings, trade (Reuters Business)

USA Today MoneyJul 16, 2019
The best Prime Day deals under $10 right now
You can get great deals on brands like Crayola, Charmin, and Eucerin—all for under $10.       

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Retail rivals are crashing Amazon's Prime Day party (USA Today Money)
[Last Chance] Prime Day Best Xbox One Deals To Grab ASAP (US) - GameSpot (Google Business News)

MarketWatchJul 16, 2019
Trump Today: Trump turns up trade pressure on China as he threatens Google probe
President Donald Trump on Tuesday turned up fresh pressure on China over trade with the U.S., as he vowed to "take a look" into allegations that Google's work with Beijing is treasonous.

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Stock market sinks to session low as Trump says there's 'a long way to go' on China trade deal (MarketWatch MarketPulse)
Trump tries to woo Fed in China trade fight (FT.com - China, Economy & Trade)

Reuters BusinessJul 16, 2019
United tops profit estimates as MAX woes prompt higher fares in robust travel market
United Airlines Holdings Inc on Tuesday reported a bigger-than-expected increase in second-quarter profit, driven by strong air travel demand and the ability to charge more for seats after the grounding of Boeing Co's 737 MAX reduced capacity.

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UPDATE 2-United tops profit estimates as MAX woes prompt higher fares in robust travel market (Reuters Company News)
United Airlines quarterly profit beats on strong travel demand, higher fares (Reuters Business)

MarketWatch MarketPulseJul 16, 2019
CSX stock falls after earnings miss
CSX Corp. shares dropped in the extended session Tuesday after the railroad operator's quarterly results fell short of Wall Street estimates. CSX shares fell 5.5% after hours, following a 1.3% rise to close the regular session at $79.55. The company reported second-quarter net income of $870 million, or $1.08 a share, compared with $877 million, or $1.01 a share, in the year-ago period. Revenue declined to $3.06 billion from $3.1 billion in the year-ago quarter. Analysts surveyed by FactSet had forecast earnings of $1.11 a share on revenue of $3.14 billion.

Market Pulse Stories are Rapid-fire, short news bursts on stocks and markets as they move. Visit MarketWatch.com for more information on this news.



MarketWatch MarketPulseJul 16, 2019
Nu Skin stock falls after outlook cut on China sales
Nu Skin Enterprises Inc. shares fell in the extended session Tuesday after the beauty and wellness products maker cut its outlook. Nu Skin shares fell 14% after hours, following a 3.4% rise to close the regular session at $45.51. The company forecast earnings of 82 cents to 84 cents a share on revenue of $622 million to $623 million for the second quarter, and $3.20 to $3.25 a share on revenue of $2.48 billion to $2.52 billion for the year. Analysts surveyed by FactSet had estimated earnings of 93 cents a share on revenue of $672.5 million for the second quarter, and $3.94 a share on revenue of $2.77 billion for the year. "We are adjusting our guidance for the year primarily due to a reduced revenue outlook in Mainland China following the government's 100-day campaign to review and inspect the health products and direct selling industries," said Nu Skin Chief Executive Ritch Wood in a statement. "Continued restrictions on sales meetings, as well as media scrutiny, have negatively impacted consumer sentiment and contributed to this adjustment."

Market Pulse Stories are Rapid-fire, short news bursts on stocks and markets as they move. Visit MarketWatch.com for more information on this news.



The Motley FoolJul 16, 2019
Why Western Digital, Turquoise Hill Resources, and Range Resources Slumped Today
Find out what sent these stocks sharply lower.

MarketWatch MarketPulseJul 16, 2019
United Airlines parent beats Q2 earnings expectations, stock rises
Shares of United Airlines Holdings Inc. rose more than 1% in the extended session Tuesday after the parent of United Airlines reported better-than-expected second-quarter earnings. United said it earned $1.1 billion, or $4.02 a share, in the quarter, compared with $888 million, or $2.48 a share, in the year-ago quarter. Adjusted for one-time earnings, United earned $1.1 billion, or $4.21 a share, compared with $3.22 a year ago. Analysts polled by FactSet had expected United to report an adjusted EPS of $4.12 for the quarter. Revenue reached $11.4 billion, in line with analyst expectations and compared with $10.8 billion a year ago. In the same statement, United said its board authorized a new $3 billion stock buyback program. The shares had ended the regular trading day up 2.9%.

Market Pulse Stories are Rapid-fire, short news bursts on stocks and markets as they move. Visit MarketWatch.com for more information on this news.



The Motley FoolJul 16, 2019
Here's Why CareDx Stock Is Sliding Today
A fund manager betting against the diagnostics company laid out some serious allegations.

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Why These 3 Silver Stocks Are Soaring Today (The Motley Fool)

SEC.gov Updates: News DigestJul 16, 2019
4 - Dean Irwin & Melissa Burstein, as Trustees U/T/A June 12, 2017 (0001748379) (Reporting)
2019-07-16 0001209191-19-042266 10 KB

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4 - DOMANICO RONALD JAMES (0001239016) (Reporting) (SEC.gov Updates: News Digest)
4 - Deboer Scott J (0001568238) (Reporting) (SEC.gov Updates: News Digest)

Wall Street Journal US BusinessJul 16, 2019
Profit Rises at United Even as 737 MAX Grounding Crimps Extra Flights
United Airlines said it is trimming extra flying this year because of the grounding of Boeing's 737 MAX , though the nation's second-largest carrier by traffic still expects profits to climb.

SEC.gov Updates: News DigestJul 16, 2019
D/A - Turtle Creek Investment Fund (0001509222) (Filer)
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Item 3C: Investment Company Act Section 3(c)
Item 3C.1: Section 3(c)(1)


Forbes HeadlinesJul 16, 2019
Searches For 'Canceling Amazon Prime' Jump On Day 1 of Prime Day
It's not over yet, but Amazon Prime Day is already producing some pretty powerful data points, including one where searches for how to cancel Prime Memberships have spiked as shoppers join, grab a deal, and quit.

SEC.gov Updates: News DigestJul 16, 2019
D - 4OAK Film Fund LLC (0001779072) (Filer)
2019-07-16 0001779072-19-000004 9 KB

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D - RSIP Funding Series 3-B, LLC (0001781865) (Filer) (SEC.gov Updates: News Digest)

Forbes HeadlinesJul 16, 2019
Amazon Prime Day 2019 By The Numbers
The e-commerce juggernaut has succeeded in making Prime Day a boon for retailers.

CNBC BusinessJul 16, 2019
Big banks signal Fed rate cuts may not be so great for them
The largest U.S. banks are scrutinizing members of the Federal Reserve for any insight into how the central bank will tinker interest rates.

Reuters Company NewsJul 16, 2019
UPDATE 1-United Airlines quarterly profit beats on strong travel demand, higher fares
United Airlines Holdings Inc on Tuesday reported a greater-than-expected increase in second-quarter profit, driven by strong air travel demand and the ability to charge more for seats given supply constraints from the Boeing Co 737 MAX grounding.

Reuters BusinessJul 16, 2019
U.S. retail sales data dents stocks, lifts Treasury yields
A gauge of global equities lost ground on Tuesday and U.S. Treasury yields moved higher as a stronger-than-anticipated report on retail sales raised the possibility the Federal Reserve could adopt a less dovish stance.

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Bond Report: 10-year Treasury yield touches four-week high after stronger-than-expected U.S. retail sales (MarketWatch)

Reuters BusinessJul 16, 2019
Bitcoin tumbles as U.S. senators grill Facebook on crypto plans
The cryptocurrency market took a beating on Tuesday with bitcoin losing over 10% in value after U.S. lawmakers grilled Facebook on its cryptocurrency plans, as political and regulatory scrutiny of digital coins intensifies.

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UPDATE 1-Bitcoin tumbles as U.S. senators grill Facebook on crypto plans (Reuters Company News)

MarketWatchJul 16, 2019
Market Snapshot: Stocks slip after Trump says ‘a long way to go' on trade and investors digest bank earnings
U.S. stocks retreat Tuesday as investors digest trade war talk and a trio of bank earnings, a day after major equity indexes eked out a round of fresh all-time closing highs Monday

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GLOBAL MARKETS-Stocks fall, U.S. yields rise on retail sales data (Reuters Company News)

NYTimes BusinessJul 16, 2019
Facebook Cryptocurrency Plans Have a Problem: Facebook's Reputation
Lawmakers raised broad concerns about the company's Libra effort at a Senate hearing on Tuesday.

CNBC BusinessJul 16, 2019
JP Morgan analyst who's nailed the market sees 'once in a decade opportunity' in these stocks
There's a new opportunity emerging due to the divergence between "value" stocks and "defensive" stocks, a top J.P. Morgan strategists says

Reuters Company NewsJul 16, 2019
UPDATE 3-'Game of Thrones' dominates and 'kick-ass' women break through at Emmys
* Snubs for Julia Roberts, George Clooney (Recasts, adding quotes by Jared Harris, Laura Linney)

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2019 Emmy Noms: Snubs and Surprises - Variety (Google Business News)

MarketWatchJul 16, 2019
Futures Movers: U.S. oil prices at lowest in over a week as Pompeo says Iran is ready to talk
Oil futures settled sharply lower Tuesday, with U.S. prices at their lowest in over a week,, following reports that U.S. Secretary of State Mike Pompeo said Iran is ready to enter negotiations over its missile program.

Reuters BusinessJul 16, 2019
U.S. SEC chief says he has not met with Facebook since Libra announcement
A top U.S. financial market regulator said on Tuesday he has not discussed with Facebook its Libra currency proposal, nearly a month after the social media giant announced the project.

Reuters Company NewsJul 16, 2019
UPDATE 3-JPMorgan beats profit estimates but shows signs of pressure
JPMorgan Chase & Co reported a quarterly profit that beat estimates on Tuesday as higher interest income and consumer lending offset lower activity at its trading desks.

Reuters Company NewsJul 16, 2019
UPDATE 3-Tesla drops cheapest Model X, S variants, cuts prices to simplify lineup
* Drops standard-range variants of Model X, S to simplify lineup

RELATED ARTICLES
Oil prices move sharply lower as Pompeo calms worries about Iran (MarketWatch MarketPulse)

MarketWatchJul 16, 2019
Market Extra: Why Greece is selling new bonds at ‘risk-free' levels akin to U.S. Treasurys
Some are hedging their exposure in dollars for positive returns

Reuters Company NewsJul 16, 2019
UPDATE 1-SEC reaches $60 mln settlements involving ex-American Realty executives
Two former executives at American Realty Capital Properties Inc, including the onetime billionaire who built it, have reached more than $60 million in settlements with the U.S. Securities and Exchange Commission of charges they wrongfully extracted millions of dollars from the real estate investment trust.

Forbes HeadlinesJul 16, 2019
Who Should (and Who Shouldn't) Get the Amex Platinum?
It's easy to make the case that the Amex Platinum can pay for itself over time, but that doesn't necessarily mean it's right for you. So let's take a look at who should — and who shouldn't — get the Amex Platinum.

MarketWatchJul 16, 2019
Personal Finance Daily: What the IRS doesn't tell you about self-employment taxes and how Barbara Corcoran of ‘Shark Tank' turned a $50,000 investment into $30 million
Tuesday's Personal Finance Stories

Google Business NewsJul 16, 2019
Bitcoin Noticeably Absent From Senate Hearing on Facebook's Libra - CoinDesk
Bitcoin Noticeably Absent From Senate Hearing on Facebook's Libra  CoinDeskBitcoin And Crypto Suddenly Branded A 'National Security Issue'  ForbesMnuchin: US has 'very serious concerns' that Facebook's Libra could be misused by terrorists  CNBCIs Facebook Libra a Betrayal of Satoshi Nakamoto's Vision?  FortuneWill Facebook's Libra Turn into a Cancer? | by Andrés Velasco & Roberto Chang  Project SyndicateView full coverage on Google News

SEC.gov Updates: News DigestJul 16, 2019
13F-HR - Northside Capital Management, LLC (0001631052) (Filer)
2019-07-16 0001172661-19-001550 32 KB

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13F-HR - HNP Capital LLC (0001767841) (Filer) (SEC.gov Updates: News Digest)

Accounting TodayJul 16, 2019
IRS posts Q&A on Section 165 transition tax
The Internal Revenue Service offered additional information for multinational companies repatriating their foreign profits under the Tax Cuts and Jobs Act.

Forbes HeadlinesJul 16, 2019
Amazon Work Stoppage, In Minnesota-Nice Fashion
Amazon's Minnesota fulfillment center walkouts both elevated and masked important issues regarding the increasing demands being put on workers to meet performance requirements.

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Workplace by Facebook Unveiled a New Pricing Structure (AdWeek News)

MarketWatchJul 16, 2019
Wells Fargo's stock falls after another disappointing outlook, hawkish rate view
Shares of Well Fargo & Co. fell Tuesday after yet another disappointing earnings report and conference call with analysts, as downbeat guidance on net interest income and expenses, and still no word on a new chief executive overshadowed profit and revenue beats.

MarketWatchJul 16, 2019
Tax Guy: Why seniors should avoid the temptation to sell their investment property — even if it's soared in value
Selling could trigger a big — but avoidable — tax bill.

CNBC FinanceJul 16, 2019
Bitcoin falls back below $10,000, losing a fifth of its value in a week
Bitcoin continued its downward spiral as lawmakers added to regulatory fears by questioning the safety and legitimacy of cryptocurrency.

Reuters BusinessJul 16, 2019
Wells Fargo tempers cost-cutting outlook
Wells Fargo & Co reported higher quarterly earnings on Tuesday, due in part to lower expenses, but the bank reined in its outlook for cost cuts to invest in improving its risk management.

Forbes HeadlinesJul 16, 2019
Best Buy Prime Day Deals: Best Smart TV Deals
If you're looking to take advantage of Amazon Prime Day 2019 sales, but don't want to turn to Amazon, consider Best Buy. You can get great television deals at Best Buy right now.

USA Today MoneyJul 16, 2019
Senators scrutinize Facebook's digital currency
U.S. senators from both parties opened a hearing with tough questions and criticisms of Facebook's ambitious plan to create a financial eco-system based on a digital currency. (July 16)       

USA Today MoneyJul 16, 2019
Here are the Prime Day deals our editors are actually buying
These are the products we're loving (and adding to our carts) this Prime Day.       

The Motley FoolJul 16, 2019
Prospective Investors Should Look Twice at This IPO's Financials
Strong revenue potential is balanced out by a clouded earnings picture at this well-known IPO candidate.

CNBC BusinessJul 16, 2019
Biggest Amazon Prime buy of all may start the day after the sale ends
Amazon Prime Day is expected to set a new sales record for the online retail giant, bringing in close to $6 billion this week, but another big Amazon buy starts the day after its annual shopping event ends.

NPR Topics: BusinessJul 16, 2019
Big Tech In The Hot Seat As Congress Probes Monopoly Power, Digital Currency
Lawmakers in the Senate and House are questioning lobbyists and officials from Facebook, Google, Amazon and Apple on an array of issues, including whether they're so big they stifle competition.

NYTimes BusinessJul 16, 2019
Boeing 737 Max's Problems Force Ryanair to Cut Back Its Growth Plans
The budget airline had ordered 58 of the troubled aircraft, but it now expects to take delivery of 30 at most.

CNBC EconomyJul 16, 2019
Signs point to the trade war dragging on as China strikes hard-line tone
The U.S. and China have restarted their trade talks, but signs are showing a deal could be even harder to reach now.

USA Today MoneyJul 16, 2019
Wells Fargo tops earnings estimates on strong consumer checking and lending business
Wells Fargo's second-quarter earnings easily topped analyst expectations as the lender posted stronger checking and consumer lending.       

Private Equity Breaking NewsJul 16, 2019
IQ Capital pulls in $300m for ‘deep tech' funds
IQ Capital has raised $300m across two venture capital funds set to invest in deep technology startups.

Reuters BusinessJul 16, 2019
Ryanair halves 2020 growth plans on Boeing MAX delays
Ryanair has slashed its growth plans for next summer, blaming delays in deliveries of Boeing's grounded 737 MAX jet, lifting the shares of rival airlines which had feared a surge in new planes would hit ticket prices.

RELATED ARTICLES
Ryanair cuts summer 2020 growth rate on Boeing MAX doubts (Reuters Business)

Reuters BusinessJul 16, 2019
Facebook should not be trusted with 'crazy' cryptocurrency plan: senators
Democratic and Republican lawmakers said on Tuesday that Facebook Inc's track record of what they described as untrustworthiness should stand in the way of it launching a digital currency, labeling the plan "delusional" and "crazy" at a Senate hearing.

Google Business NewsJul 16, 2019
Find Out How Former Alabama Players were Rated in Madden 20 - Touchdown Alabama Magazine
Find Out How Former Alabama Players were Rated in Madden 20  Touchdown Alabama MagazineGo Ahead NFL Players, Complain About Your Madden Rating  Sports IllustratedShould You Be Mad About Your ‘Madden' Rating? An NFL Players' Guide.  The RingerDeMarcus Lawrence calls for Cowboys fans to boycott 'Madden' over his low rating  Yahoo SportsEric Ebron salty about his Madden rating  NBCSports.comView full coverage on Google News

FT.com - USJul 15, 2019
South-east Asian tech boom leaves Singapore exchange behind
Low valuations and thin liquidity encourage companies to sell stock elsewhere

Wall Street TranscriptJul 15, 2019
Tesla Bear Thinks Investors Should Look to Shift their Focus to Stock Value Not Growth
Scott Schermerhorn is Managing Partner and Chief Investment Officer at Granite Investment Advisors. He has over 30 years' experience in the sector. He has been interviewed by CNBC's Squawkbox, CBS News, Fox Business News, The Wall Street Journal,Investment News, Barron's, Bloomberg, Yahoo Finance, The Fiscal Times and The Business Times. He is also an adjunct business professor at Boston University, from […]

The post Tesla Bear Thinks Investors Should Look to Shift their Focus to Stock Value Not Growth appeared first on The Wall Street Transcript.



FT.com - USJul 15, 2019
China's slowdown masks its scale and resilience
The main structural frailties are domestic rather than external
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