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Yahoo BusinessJul 18, 2018
Trump asserts Russia not targeting US, contradicting intel
WASHINGTON (AP) — President Donald Trump on Wednesday denied Russia is still targeting the United States, a claim sharply at odds with recent warnings from his top intelligence chief about ongoing threats to election security.

Reuters MoneyJul 18, 2018
Citadel's Griffin warns on dangers of prolonged trade war
Billionaire investor Kenneth Griffin on Wednesday praised President Donald Trump's policies but warned that prolonged trade wars could harm consumers and companies alike.

Reuters Company NewsJul 18, 2018
UPDATE 1-America Movil says AT&T-Time Warner deal will not change Latam market
The CEO of America Movil , Latin America's largest telecommunications company by subscriber numbers, said on Wednesday that AT&T Inc's acquisition of Time Warner will do little to change the telecoms landscape in the region.

MarketWatch MarketPulseJul 18, 2018
W.W. Grainger's stock rockets toward record, pacing gains among peers and the broader market
Shares of W.W. Grainger Inc. rocketed $32.28, or 10.6%, toward a record high in midday trade Wednesday, after the maintenance and repair products supplier's better-than-expected second-quarter earnings report. The stock was the biggest percentage gainer within the SPDR Industrial Select Sector ETF and within the S&P 500 , and was the biggest price gainer on the NYSE. The stock is headed for the biggest one-day price and percentage gain since it soared $42.52, or 18.5%, after reporting fourth-quarter results on Jan. 24. It has now run up 42.8% year to date, while the industrial ETF has slipped 1.4% and the S&P 500 has gained 5.2%.

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

Google Business NewsJul 18, 2018
Walmart may launch a video streaming service to battle Netflix, Amazon - Ars Technica

Ars Technica

Walmart may be the next giant to enter the video streaming wars, according to a report from The Information. The retailer is reportedly considering launching its own video streaming service to battle Netflix and Amazon Prime Video. But Walmart wants to ...
Walmart Coul

Reuters BusinessJul 18, 2018
Morgan Stanley boss Gorman hits out at Fed stress tests
Morgan Stanley's top executive criticized the Federal Reserve's annual health checks of the biggest U.S. lenders and predicted changes to the tests going forward after his bank reported better-than-expected quarterly earnings on Wednesday.

MarketWatch MarketPulseJul 18, 2018
United shares soar more than 8% ahead of earnings call
United Continental Holdings Inc. shares surged more than 8% Wednesday, after the carrier reported better-than-expected second-quarter earnings and offered upbeat revenue guidance for the third quarter. The airline will host its earnings call at 10.30 a.m. Wednesday, so analysts provided just brief reactions to the numbers which were released after-hours on Tuesday, without raising ratings or price targets. Cowen said it had expected United to be the one airline that could report a positive earnings surprise, "and indeed, they beat 2Q18 estimates and issued a 3Q18 forecast that will likely result in a positive stock price reaction and an improved earnings outlook," analysts led by Helane Becker wrote in a note. "It appears as though capacity is growing toward the lower end of the range while unit revenue appears to exceed initial investor estimates." Cowen rates the stock as market perform. At Stifel, analyst Joseph W. DeNardi said the numbers were "really very nice and good." DeNardi highlighted strong domestic PRASM, or passenger revenue per available seat mile, which rose 1.7% on a 7.4% increase in capacity, ", a strong result considering recent concerns over domestic pricing trends." DeNardi rates the stock a buy. At Raymond James, analyst Savanthi Syth said investors are likely to react positively to the airline lowering the upper end of its 2018 capacity growth range for the second time, "viewing it as a sign of capacity discipline." Raymond James rates the stock as market perform. Shares have gained 16.2% in 2018, while the S&P 500 has gained 5.1%.

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

The Motley FoolJul 18, 2018
3 Things to Watch When Microsoft Reports Its Q4 and Full-Year Results
As shareholders cheer the company's bullish rally in 2018, expectations are high for growth, Surface hardware, and more.

Reuters MoneyJul 18, 2018
U.S. mutual fund investors ditch equities despite S&P 500 gains: ICI
U.S. mutual fund investors fled from stocks for the 14th straight week as ongoing trade war fears divided markets, Investment Company Institute data showed on Wednesday.

USA Today MoneyJul 18, 2018
Warren Buffett's Berkshire Hathaway ends restriction on buying back its own shares
Berkshire Hathaway has eliminated a restriction that capped its ability to buy back its own stock.        

CNBC FinanceJul 18, 2018
The trade war is complicating China's efforts to fix its economy
Sanguine estimates about the impact of the trade war on China's economy have not taken into account how tariffs will affect business sentiment, investment and growth, J.P. Morgan analysts wrote in a note.

Fed's Powell Says A Long Trade War Could Hurt U.S. Economy (NPR Topics: Business)
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