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MarketWatch MarketPulseFeb 22, 2018
Remax shares rise on fourth-quarter results, release of third-quarter figures
Remax Holdings Inc. shares rose in the extended session Thursday after the real-estate brokerage franchiser released preliminary results for the fourth quarter and third quarter results that had been delayed. Remax shares rose 6% after hours. Remax reported fourth-quarter adjusted earnings of 47 cents a share on revenue of $49.5 million. Analysts surveyed by FactSet forecast 46 cents a share on revenue of $48.5 million. The company also said an internal investigation did not find any executive wrongdoing. Back in November, Remax delayed releasing third-quarter results amid allegations that financial dealings of senior executives had violated internal rules. Remax reported third-quarter adjusted earnings of 46 cents a share on revenue of $49.4 million. Analysts had estimated 51 cents a share on revenue of $50.5 million. Remax estimates revenue of $49.5 million to $51 million for the first quarter, and $205.5 million to $209 million for the year. Analysts expect revenue of $52 million for the first quarter, and $212.9 million for the year.

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.



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MarketWatchFeb 22, 2018
NewsWatch: Stocks rebound in broad rally as strong labor data overshadows Fed jitters
U.S. stocks advance in a broad rally on Thursday, with major indexes snapping a multi-day losing streak as upbeat data on the labor market helped investors shake off the minutes from the Federal Reserve's most recent gathering, which hinted at quickened pace of rate increases.

Reuters MoneyFeb 22, 2018
U.S. fund investors creep back in to market: Lipper
NEW YORK (Reuters) - U.S. fund investors inched back in to the markets during the most recent week, putting $2.5 billion into bonds and $1.1 billion into stocks, Lipper data showed on Thursday.

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UPDATE 1-U.S. fund investors creep back in to market -Lipper (Reuters Company News)

MarketWatchFeb 22, 2018
Market Snapshot: Stocks rebound in broad rally as strong labor data overshadows Fed jitters
U.S. stocks rose in a broad advance on Thursday as upbeat data on the labor market helped investors shake off the minutes from the Federal Reserve's most recent gathering, which hinted at quickened pace of rate increases.

MarketWatch MarketPulseFeb 22, 2018
Trump says limiting children's exposure to violence in media should be discussed
President Donald Trump said Thursday that policymakers should discuss limiting children's exposure to violence in things like videogames and movies. "We have to do something about maybe what they're seeing and how they're seeing it," he said at a White House meeting on school safety issues. Trump spoke after earlier tweeting suggestions including raising the minimum age for rifle purchases to 21.

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 MarketPulseFeb 22, 2018
The Nasdaq just logged its longest losing skid in more than a year
The technology-focused Nasdaq on Thursday marked its longest stretch of closes in negative territory since November of 2016, according to FactSet data. The Nasdaq Composite Index which had been trading in the green for most of Thursday's session, finished off 0.1% at 7,210, notching its fourth straight decline. That represents the index's longest skid since the nine-session period ended Nov. 4, 2016, just before President Donald Trump was elected. The Nasdaq is often viewed as a proxy for risk appetite on Wall Street. Meanwhile, the Dow Jones Industrial Average ended the session up more than 160 points, or 0.7%, at 24,902, while the S&P 500 index ended the day up 0.1% at 2,703. All three benchmarks suffered losses on Wednesday after minutes from the Federal Reserve, which hinted at rising borrowing costs ahead in 2018, sparked a rise in the benchmark 10-year Treasury note yield to a fresh four-year peak above 2.95%. Rising yields can weigh on demand for riskier stocks, but bonds rates moderated on Thursday and the dollar also softened. Equity gauges are attempting to recover from a rout early in the month that pushed the previously highflying Dow, S&P 500 and Nasdaq in to correction territory, defined as a decline from a recent peak of at least 10%.

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 MarketPulseFeb 22, 2018
Snap CEO paid $638 million in 2017
Snap Inc. Chief Executive Evan Spiegel is set to earn $637.8 million in compensation for his work at the company in 2017, according to a Thursday filing with the Securities and Exchange Commission. Snap stock is down 7.4% to $17.27 in early afternoon trading. Though Snap has recognized the cost of the stock grants which make up $636.6 million of the CEO compensation, Siegel hasn't received all the grants yet. Snap will dole out the rest of the grants on a quarterly basis over the next three years. Snap stock has gained 19% in the past six months and now trades slightly above its $17 initial public offering price. The S&P 500 index gained 10% in the past six months.

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 MarketPulseFeb 22, 2018
Herbalife shares down 6% after surprise GAAP loss
Shares of Herbalife fell more than 6% late Thursday after the company swung to quarterly losses but beat sales and adjusted earnings expectations. Herbalife said it lost $63.4 million, or 87 cents a share, in the fourth quarter, versus earnings of $99.4 million, or $1.16 a share, in the year-ago period. The results included a provisional charge of $153 million related to the U.S. tax overhaul, the company said. Adjusted for one-time items, Herbalife earned $1.29 a share in the quarter, compared with $1 a share in the fourth quarter of 2016. Sales rose to $1.1 billion, from $1.05 billion a year ago. Analysts polled by FactSet had expected adjusted earnings of 96 cents a share on sales of $1.08 billion. The same analysts had expected GAAP earnings of 90 cents a share.

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.



Google Business NewsFeb 21, 2018
Roku Plummets After Missing First-Quarter Sales Forecast - Bloomberg

Bloomberg


Roku Inc. projected first-quarter revenue that will fall short of analyst estimates, sparking investor concerns that the video-streaming pioneer may not be able to sustain its sales momentum in the face of larger rivals. Shares plummeted as much as 23
Stocks making the biggest moves after hours: Roku, Pan

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