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Reuters BusinessFeb 20, 2018
Walmart halts Dow's six-day rally; S&P edges higher
(Reuters) - A steep fall in Walmart shares put the skids on the blue-chip Dow's six-day winning streak, but gains in Amazon and technology stocks propped up the S&P 500 and the Nasdaq.

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Slip in Walmart sales sends stock and Dow plunging - USA TODAY (Google Business News)

MarketWatchFeb 20, 2018
Trump official says U.S. is poised to become net energy exporter over the next decade
The U.S. is pushing ahead with a key goal of President Donald Trump's "energy dominance" agenda, aiming to become a net exporter over the next 10 years and to secure complete energy security, according to a top government official.

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Trump Today: Trump Today: President calls woman's allegation of forced kissing ‘false' (MarketWatch)
Luxury property ad blitz heralds Trump son's visit to India (Yahoo Business)

MarketWatch MarketPulseFeb 20, 2018
Walmart's stock is on track for its worst point drop in its history as a publicly traded entity
Shares of Walmart Inc. on Tuesday were getting walloped, with the retailing giant on pace to log its worst dollar decline of all time and its worst percentage drop since October of 2015, according to FactSet data. The world's largest retailer was under heavy selling pressure after it said online sales growth slowed during the fourth quarter. That marks a turn from three quarters of strong online growth, for the Bentonville, Ark.-based company as it attempts to wage war against rival and retailing behemoth Amazon.com Inc. . Walmart has been a publicly traded company since the early 1970s. On the upside, Walmart reported that sales in existing stores rose 2.6% in the fourth quarter, representing its 14th consecutive quarter of growth. Walmart's decline, down $9.53, or 9.1%, was weighing on the broader market, yanking the Dow Jones Industrial Average , where it is a component, down by about 65 points, while the S&P 500 index's consumer-staples sector, as measured by the Consumer Staples Select Sector SPDR ETF , was also getting whacked, with declines there weighing on the broad-market S&P 500. Nearly all the components of the XLP, referring to its ticker, were trading in negative territory. Most recently, the Dow was off 42 points, or 0.2%, at 25,171, the S&P 500 index was up 0.2% at 2,736, while the technology-laden Nasdaq Composite Index was up 0.8% at 7,294.

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.



RELATED ARTICLES
Walmart's stock on track for biggest single-session decline ever (MarketWatch Breaking News)
GLOBAL MARKETS-Stocks sink as bond yields, dollar regain traction (Reuters Company News)

Washington Post BusinessFeb 20, 2018
Walmart Can't Be Complacent About an E-Commerce Slowdown: Gadfly
The company is launching its first test satellites on Sunday.

MarketWatchFeb 20, 2018
Market Snapshot: Dow threatens to snap 6-day win streak
The Dow threatens to snap a six-day winning streak Tuesday. However, the Nasdaq bucked the trend to trade higher as technology stocks led the top performers.

Washington Post BusinessFeb 20, 2018
A Rite Aid Deal Was the Last Best Hope for Albertsons: Gadfly
The company is launching its first test satellites on Sunday.

RELATED ARTICLES
Qualcomm deals blow to Broadcom's bid with sweetened NXP deal - Reuters (Google Business News)

Chicago Tribune Business NewsFeb 20, 2018
Jewel-Osco owner Albertsons to buy drugstore chain Rite Aid — but Chicago shoppers won't see much impact
Albertsons, parent company of Jewel-Osco, announced plans Tuesday to buy drugstore chain Rite Aid in a deal that could help the combined company survive competitive pressure from giants like Walmart and Amazon amid the rise of online shopping.

Locally, the immediate impact for consumers appears...



RELATED ARTICLES
Grocer Albertsons Eyes Rite Aid Deal in Health Care Push - U.S. News & World Report (Google Business News)

Reuters Company NewsFeb 20, 2018
Amazon credit card adds Whole Foods to 5 percent cash back offer
LOS ANGELES, Feb 20 (Reuters) - Amazon.com Inc on Tuesday extended its 5 percent cash back benefit for Prime service subscribers to shoppers at its newly acquired Whole Foods Market grocery chain.

Reuters Company NewsFeb 20, 2018
UPDATE 3-Latvian central bank chief suspended, says victim of smear campaign
* Latvia suspends c.bank chief, investigating bribery allegations

Google Business NewsFeb 20, 2018
Amazon is merging Prime Now and AmazonFresh - Business Insider

Business Insider


Amazon is merging its Prime Now delivery service with AmazonFresh, its grocery delivery service, according to Yahoo Finance. The e-commerce titan has been consolidating the services' staffs, which has led to some layoffs, and Stephenie Landry, the VP
Amazon Just Announced a New Whole Foods Perk for Some UsersFortune


FT.com - USFeb 20, 2018
Latvian central bank chief denounces accusations
Rimsevics denies graft allegations and refuses to quit as scrutiny intensifies

NYTimes BusinessFeb 20, 2018
Walmart's Online Sales Growth Lags as It Confronts Challenges
The nation's largest retailer cited "operational challenges'' during the holidays as part of the reason for slower growth in its e-commerce sales. Profits fell by 28 percent.

WSJ MoneyBeatFeb 20, 2018
WSJ City PM: HSBC Tight-Lipped on Buybacks, Qualcomm Raises NXP Bid to $44 Billion, BP Predicts Oil Peak
Good afternoon from the WSJ City desks in London. WSJ City is the app that delivers concise, smart news on business and finance for mobile. Download for iPhone or Android. Here's essential reading on today's developments. MUST READS FROM WSJ CITY HSBC marked a handover of power from one CEO to the next with a moment of silence, […]

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Qualcomm now plans to close the NXP acquisition for $44 billion as quickly as possible - TechCrunch (Google Business News)

Reuters BusinessFeb 20, 2018
Walmart holiday-quarter profit drops, online struggles spook investors
NEW YORK (Reuters) - Walmart Inc , the world's biggest retailer, on Tuesday posted a sharp drop in profit and online sales growth during the critical holiday period and forecast annual profit at the lower end of expectations.

RELATED ARTICLES
UPDATE 4-Walmart holiday-qtr profit drops, online struggles spook investors (Reuters Company News)

Knowledge@WhartonFeb 20, 2018
America First? To the World, It's Eighth
Global perceptions of the U.S. are getting significantly worse, notes the new Best Countries report from U.S. News & World Report, BAV Group and Wharton.

Wall Street Journal US BusinessFeb 20, 2018
Trump Administration's Deregulation Push Heads for Outer Space
Vice President Mike Pence on Wednesday is expected to announce new moves promoting private ventures in space, including easing launch rules and putting the Commerce Department in charge of broader deregulation initiatives.

MarketWatchFeb 20, 2018
London Markets: FTSE 100 book slight loss as buying cools after HSBC, BHP quarterly results
Blue-chip stocks in the U.K. end Tuesday's session with a minor loss, as investors sell shares of London-listed heavyweights HSBC PLC and BHP Billiton PLC after disappointing financial updates from the bank and the miner.

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CFRA upgrades Home Depot to buy from hold on better-than-expected earnings (MarketWatch MarketPulse)

Reuters Company NewsFeb 20, 2018
UPDATE 3-Gap brand CEO Jeff Kirwan to leave retailer, shares fall
* Shares fall as much as 7.6 pct (Adds analyst comment, updates shares)

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Gap shares slide more than 3% as KeyBanc downgrades to sector weight (MarketWatch MarketPulse)
Dow slides more than 200 points as Walmart shares tank 9% - CNBC (Google Business News)

MarketWatchFeb 20, 2018
The Tell: Hedge-fund honcho Singer says bitcoin is ‘one of the most brilliant scams in history'
Outspoken hedge-fund manager Paul Singer offers perhaps his most withering assessment of cryptocurrencies to date, denouncing the technology and describing it as worse than a fraud.

The Motley FoolFeb 20, 2018
Why Ubiquiti Networks Inc. Stock Plunged Today
The wireless networking leader received an SEC subpoena last week. Here's what investors need to know.

USA Today MoneyFeb 20, 2018
Qatar Airways takes delivery of Airbus' biggest A350 yet
The "-1000" variant of the A350 is now the largest twin-engine jet Airbus has ever produced.        

USA Today MoneyFeb 20, 2018
Gap's CEO of its namesake brand stepping down
Gap says Jeff Kirwan, the president and CEO, of its namesake business is stepping down and the fashion retailer is looking for a replacement.       

Reuters BusinessFeb 20, 2018
Qatar says may switch part of A350 order to biggest model
TOULOUSE, France (Reuters) - Airbus got a boost for its largest twin-engined jet on Tuesday when Qatar Airways said it was considering upgrading some of its A350 orders to the largest model as it took delivery of the first such plane.

CNBC BusinessFeb 20, 2018
Pricey New York City is causing millennials to live above their means
Millennials are likely to exceed their budget on housing in NYC, New York Business Journal reports.

The Motley FoolFeb 20, 2018
Home Depot Inc. (HD) Q4 2017 Earnings Conference Call Transcript
HD earnings call for the period ending January 31, 2018.

Reuters BusinessFeb 20, 2018
Gap brand CEO Jeff Kirwan to leave retailer, shares fall
(Reuters) - Gap Inc said on Tuesday that Jeff Kirwan, president and chief executive of its eponymous brand will leave the apparel retailer, pushing its shares down 4.2 percent.

Reuters Company NewsFeb 20, 2018
UPDATE 5-Qualcomm gets hedge fund nod with raised offer for NXP
* Shares of NXP up 6.1 pct (Adds Broadcom's response, updates shares)

RELATED ARTICLES
Qualcomm gets hedge fund nod with raised offer for NXP (Yahoo Business)

Reuters BusinessFeb 20, 2018
Home Depot's earnings powered by strong U.S. housing market
(Reuters) - Home Depot Inc's profit and revenue beat market estimates for the sixth straight quarter as more shoppers visited the No.1 U.S. home improvement chain and, on an average, spent more in an improving housing market.

SEC.gov Updates: News DigestFeb 20, 2018
8-K - NOVAGOLD RESOURCES INC (0001173420) (Filer)
2018-02-20 0001171843-18-001241 608 KB
Item 7.01: Regulation FD Disclosure
Item 9.01: Financial Statements and Exhibits


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10-D - MS Structured CMT Linked Trust Units Series 2010-01 (0001498311) (Filer) (SEC.gov Updates: News Digest)
8-K - ORAMED PHARMACEUTICALS INC. (0001176309) (Filer) (SEC.gov Updates: News Digest)

CNN/MoneyFeb 20, 2018
Union workers want Disney to pay their $1,000 tax cut bonuses
Unions representing about 35,000 Disney World workers say Disney is refusing to pay their members $1,000 tax cut bonuses.

Reuters Company NewsFeb 20, 2018
UPDATE 3-Brent crude sags, while lower Canadian supply boosts U.S. futures
* Overall markets well supported by ongoing OPEC production cuts

RELATED ARTICLES
UPDATE 3-BHP boosts dividend as half-year profit jumps 25 pct, costs rise (Reuters Company News)
UPDATE 2-BHP boosts dividend as half-year profit jumps 25 pct (Reuters Company News)

Inc.comFeb 20, 2018
Ever Share News on Facebook That Makes You Mad? You Might Be Helping Russian Trolls
Robert Mueller's indictment details how Russia's Internet Research Agency manipulated us all.

SEC.gov Updates: News DigestFeb 20, 2018
4/A - Atlas Financial Holdings, Inc. (0001539894) (Issuer)
2018-02-20 0001544890-18-000006 15 KB

RELATED ARTICLES
424B2 - Ally Financial Inc. (0000040729) (Filer) (SEC.gov Updates: News Digest)

MarketWatch MarketPulseFeb 20, 2018
Gold marks worst daily drop in about a 1 1/2 years as dollar gains steam
Gold prices finished sharply lower on Tuesday, marking the sharpest daily decline in more than a year, against a backdrop of rising gold and stabilizing equities. April gold ended off $25.10, or 1.9%, at $1,331.20 an ounce, representing its steepest single-session pullback since a $33.90 drop, or 2.9%, on Dec. 15. 2016, FactSet data show. The tumble for precious metals comes as many Asian investors, big buyers in the commodity, continue to observe Lunar New Year. weighing on buying momentum. The decline also comes against the backdrop of a U.S. dollar, measured by the U.S. ICE Dollar Index , gathered some upward momentum, up 0.6% at 89.69, after registering a weekly decline of 1.4% last week. Meanwhile, the Nasdaq Composite Index, a proxy for risk appetite against haven assets, was up 0.6% at 7,281, even as a steep decline in shares of retailer Walmart Inc. weighed mightily on the broader market. The Dow Jones Industrial Average , where Walmart is a major component, was off 135 points, or 0.5%, at 25,088, while the S&P 500 index was down 0.1% at 2,729.

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.



RELATED ARTICLES
US STOCKS-S&P, Dow falter after six days of gains as Walmart weighs (Reuters Company News)

SEC.gov Updates: News DigestFeb 20, 2018
8-K - Federal Home Loan Bank of Indianapolis (0001331754) (Filer)
2018-02-20 0001331754-18-000026 180 KB
Item 2.02: Results of Operations and Financial Condition
Item 9.01: Financial Statements and Exhibits


Washington Post BusinessFeb 20, 2018
Qualcomm Gains the Upper Hand in Megadeal Machinations: Gadfly
The company is launching its first test satellites on Sunday.

Google Business NewsFeb 20, 2018
Albertsons, Rite Aid deal creates US supermarket and healthcare giant - USA TODAY

USA TODAY


U.S. Supermarket giant Albertsons is expanding its drug store business through a deal to buy a portion of Rite Aid, the nation's third-largest drugstore chain. Shares of Camp Hill, Pa.-based Rite Aid were up 14.2% at $2.22 in morning trading. Rite Aid


USA Today MoneyFeb 20, 2018
Donald Trump Jr. raises ethics concerns over selling apts. in India
Donald Trump Jr's trip to India to sell apartments is raising ethics concerns over the use of his name. Nathan Rousseau Smith reports.        

Reuters BusinessFeb 20, 2018
S&P, Dow falter after six days of gains as Walmart weighs
(Reuters) - The S&P and the Dow slipped after six straight days of gains on Tuesday, hurt by disappointing quarterly results from Walmart and a rise in bond yields.

MarketWatchFeb 20, 2018
The Wall Street Journal: Trump proposes loosening limits on short-term health insurance
The Trump administration on Tuesday released a proposal that would allow for the proliferation of less-comprehensive, cheaper health plans restricted under the Affordable Care Act, marking one of the most significant efforts by Republicans to roll back the Obama-era health law.

Forbes HeadlinesFeb 20, 2018
The Andaz Hotel RED Collaboration Shows Giving Back Is Very Good For Business
A series of collaboration between Hyatt's Andaz hotels and Bono's AIDS charity RED is proving a win-win for both organizations, proving businesses giving back pay off for everyone. Here is why the model will only expand going forward.

Forbes HeadlinesFeb 20, 2018
Snap Downgraded To 'Sell' Following 1.2M-Strong Petition To Kill Snapchat App Update
"[The] new layout is dreadful and they're refusing to listen to their users who hate it."

Reuters BusinessFeb 20, 2018
Walmart profit drops, online sales growth slows in holiday quarter
NEW YORK (Reuters) - U.S. retailer Walmart Inc on Tuesday reported a lower-than-expected quarterly profit and posted a sharp drop in online sales growth during the critical holiday period, sending its shares tumbling more than 9 percent.

Google Business NewsFeb 20, 2018
Guess Co-Founder to Step Away During Investigation Into Conduct - Wall Street Journal

WWD


The Los Angeles-based retailer has said that two independent directors will oversee an investigation. Photo: Justin Sullivan/Getty Images. By. Austen Hufford. Austen Hufford. The Wall Street Journal. BiographyAusten Hufford · @austenhufford · austen
Paul Marciano gi


USA Today MoneyFeb 20, 2018
Qualcomm raises bid for NXP Semiconductors to about $43.22B
Qualcomm is raising its takeover bid for NXP Semiconductors by nearly 16% to about $43.22 billion, citing in part NXP's strong earnings results.        

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Qualcomm, Moving to Fend Off Broadcom, Raises Bid for NXP to $44 Billion (NYTimes Business)

Inc.comFeb 20, 2018
These 3 Businesses Do the Right Thing--and it Pays Off. Here's How
Placing principle over profits can lead to dedicated employees and customer loyalty.

CNBC BusinessFeb 20, 2018
GM offers $2.2 billion debt-for-equity swap in return for Seoul's support
GM offered to convert debt of around $2.2 billion owed by its South Korean operation into equity in exchange for financial support and tax benefits from Seoul.

MarketWatchFeb 20, 2018
Europe Markets: European stocks struggle as HSBC, BHP Billiton updates disappoint
European stocks drifted lower Tuesday, with heavyweights HSBC PLC and BHP Billiton PLC issuing downbeat financial results as investors return to the markets after holidays in the U.S. and Asia

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Asian stocks slip after European surge fades, dollar extends bounce (Reuters Business)

Google Business NewsFeb 20, 2018
General Motors offers $2.2 billion debt for equity swap in return for Seoul's support - CNBC

CNBC


General Motors has offered to convert debt of around $2.2 billion owed by its ailing South Korean operation into equity in exchange for financial support and tax benefits from Seoul, according to sources. One of the sources said GM had asked Seoul to
South Korean Cry


Google Business NewsFeb 19, 2018
Facebook Will Use Postcards To Fight Foreign Meddling In US Politics - Fortune

Fortune


A Facebook executive says the social network will begin using paper postcards to try and stop foreign meddlers—for instance, Russian agents—from buying ads designed to influence U.S. elections. Before the 2016 Presidential election, nearly 10 million
Did Russian Meddlers Use A Bidder?; How GDPR Treats Email AddressesAdExchanger


WSJ US NewsFeb 19, 2018
ECB Freezes All Payments by Latvia Bank Amid U.S. Probe
The ECB has frozen all payments by a Latvian bank, following accusations by the U.S. that the small bank laundered billions in illicit funds, including for companies connected to North Korea's banned ballistic-missile program.

RELATED ARTICLES
CBI arrests three more PNB executives in $1.8 billion fraud probe - Reuters (Google Business News)

Forbes HeadlinesFeb 19, 2018
3 Traits That Could Make Facebook 'Good For The World' (Part 2)
Teaching Facebook good manners, including responsibility, civility and putting others before self would help it grow up into something "good for the world." (Part 2)

Google Business NewsFeb 19, 2018
Minnesota's $5B Case Over 3M Chemicals Heads to Trial - WJON News

WJON News


MINNEAPOLIS (AP) -- Minnesota officials will soon try to convince a jury that manufacturer 3M Co. should pay the state $5 billion to help clean up environmental damage it alleges was caused by pollutants the company dumped for decades. The long-awaited
What you need to know about the 3M vs. State of Minnesota trial worth $5 billion


Google Business NewsFeb 19, 2018
Farting Passenger Forces Plane To Make Emergency Landing - HuffPost

HuffPost


A flight from Dubai to Amsterdam had to make an emergency landing in Vienna after a fight broke out because one of the passengers wouldn't stop breaking wind. The fart-induced fracas happened Feb. 11 aboard Transavia Airlines Flight HV6902 when two men


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Pilot Makes Emergency Landing After Fight Breaks Out Over Passenger's Flatulence - PEOPLE.com (Google Business News)
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