BUSINESS/FINANCE NEWS
Setup News Ticker
   BUSINESS/FINANCE NEWS
Searching for 'Inc'. (Return)

MarketWatch MarketPulseOct 16, 2018
SEC overturns NYSE, Nasdaq market data fee increases, Wall Street Journal reports
The Wall Street Journal reported Tuesday the Securities and Exchange Commission ruled on Tuesday that the country's largest stock exchanges didn't sufficiently justify increases in fees they charge for certain market-data products that brokers and traders consider to be essential to their business, according to a source. The SEC, in an order released late Tuesday, overturned prior fee increase approvals granted to the New York Stock Exchange and Nasdaq for specially designed data feeds they sell. Those data feeds reveal far more detail about market activity than the ticker tape that investors see on financial-news stations. The SEC's action now casts doubt on the ability of the big U.S. stock exchanges to extract additional profits from the rest of the financial industry by selling information on stock orders at ever-higher rates. The SEC's action comes in response to a long-running lawsuit that pitted Wall Street's largest brokerages against the exchanges selling market data.

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.



Reuters Company NewsOct 16, 2018
UPDATE 10-Trump says Saudi prince denies knowing what happened at consulate
* Khashoggi disappearance has strained U.S.-Saudi ties (Recasts first paragraph, adds details of search)

MarketWatchOct 16, 2018
Earnings Results: Netflix earnings send stock surging, suggest huge decline was ‘an aberration'
Investors wasted no time after Netflix Inc. announced it beat third-quarter earnings expectations Tuesday afternoon, sending shares of the streaming giant up 12% in after-hours trading.

RELATED ARTICLES
Roku to resume sales in Mexico, stock gains in late trading (MarketWatch MarketPulse)

Google Business NewsOct 16, 2018
Uber Gets IPO Pitches at Potential $120 Billion Value - Bloomberg

Bloomberg


Uber Technologies Inc. and Lyft Inc. are solidifying plans for initial public offerings next year, when a wide pool of investors will decide what the money-losing ride-hailing businesses are actually worth. Wall Street's top banks, vying for a coveted
Saudi Money Flows Into Silicon Valley—


RELATED ARTICLES
Uber and Lyft Race Toward IPOs Next Year as Banks Line Up - Bloomberg (Google Business News)

MarketWatch MarketPulseOct 16, 2018
Dow jumps by more than 500 points at peak, putting blue chips on track for best day since March
The Dow Jones Industrial Average was trading sharply higher midday Tuesday, putting blue chips on track to book the best one-day gain since March. The Dow was up about 492 points, or 2%, at 25,739. If it holds the gain would represent the best point and percentage climb since March 26. Tuesday's rally was partly on the back of a surge in shares of component UnitedHealth Group Inc., which was delivering a roughly 70-point jolt to the price-weighted equity gauge. Share rises for UnitedHealth come after the health-care company raised its full-year earnings outlook and said it continues to see growth in health-care plan membership and premiums. Meanwhile, the S&P 500 index was climbing 2% at 2,804 and the Nasdaq Composite Index advanced by 2.6% to 7,620. Wall Street investors appear to be focusing upbeat earnings, including those from Goldman Sachs Group Inc. , Johnson & Johnson and Morgan Stanley .

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
S&P 500 has best day since March as earnings reassure (FT.com - Financial Markets)
Dow jumps 500 points in best day since March on strong earnings - CNBC (Google Business News)

MarketWatchOct 16, 2018
Here's how much Tesla lost in market cap now that Musk's SEC settlement is approved
A federal judge approves Elon Musk's settlement with the SEC, ending a chapter many Tesla Inc. investors would rather forget.

Reuters Company NewsOct 16, 2018
Uber boosts junk-bond offering to $2 bln - Bloomberg
Ride-hailing firm Uber Technologies Inc increased the size of its debut bond offering to $2 billion as orders for the private placement swelled during an otherwise slow week for junk-bond sales, Bloomberg reported on Tuesday.

MarketWatch MarketPulseOct 16, 2018
Dow ends more than 540 points higher as stocks soar on upbeat earnings
The Dow Jones Industrial Average rose more than 500 points Tuesday as stocks staged a sharp rally, buoyed by upbeat earnings that helped investors shake off last week's rout. The blue-chip gauge ended with a gain of around 548 points, or 2.2%, to end near 25,798, according to preliminary figures. The S&P 500 advanced 2.1% to end near 2,810, while the Nasdaq Composite advanced 2.9% to around 7,645. A round of upbeat earnings were credited with the rally. UnitedHealthGroup Inc. jumped 4.7% to lead Dow gainers after raising its full-year earnings outlook and beating third-quarter earnings and revenue expectations.

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.



Washington Post BusinessOct 16, 2018
McConnell calls deficit ‘very disturbing,' blames federal spending, dismisses criticism of tax cut
The Senate GOP leader's comments came one day after the White House reported that the government ran a deficit of $779 billion in the recent fiscal year, a 17 percent increase.

Enterprise Application NewsOct 16, 2018
Paul Allen, Microsoft co-founder, dies at 65
Paul Allen, co-founder of Microsoft, died Monday in Seattle from complications of non-Hodgkin's lymphoma, his family said in a statement.

Allen, 65, started Microsoft with Bill Gates in 1975, and was first diagnosed with the cancer in 1982. He stepped away from the company in March 1983, just months before doctors said his treatment had beaten the illness. The disease recently returned after years in remission.

[ Related: Windows 7 to Windows 10 migration guide ] Although Allen co-founded Microsoft with Gates - the two met at a Seattle, Wash. private school - he left before many of the firm's signature moves, including Windows (1985) and Word (October 1983), debuted. But he was instrumental in the foundational rounds of the company's pioneering software strategy, such as Microsoft BASIC and MS-DOS.

To read this article in full, please click here



Google Business NewsOct 16, 2018
America has a record 7.1 million job openings, making it an especially advantageous time to ask for a raise. - Washington Post

Washington Post


The United States has a record number of job openings, another sign workers have greater opportunity to find better jobs, according to new data the Labor Department released Tuesday. President Trump celebrated the news, tweeting "Incredible number just ...


Reuters Company NewsOct 16, 2018
UPDATE 5-Walmart warns it will 'test a lot, fail a lot;' cuts profit forecast
Walmart Inc's chief executive officer on Tuesday urged investors to rethink the company's business, touting its various tech investments to grow online sales at a time it is battling Amazon.com for market share. The retailer also lowered its earnings forecast for the year and said its e-commerce growth next year would be slower than in the current fiscal year ending in January.

RELATED ARTICLES
UPDATE 3-Walmart warns investors it will 'test a lot and fail a lot;' cuts profit forecast (Reuters Company News)

Reuters Company NewsOct 16, 2018
UPDATE 9-Trump says Saudi prince denies knowing what happened at consulate
* Saudi dissident disappearance has strained U.S.-Saudi ties (Recasts with Trump comments on phone call with Saudi crown prince)

The Motley FoolOct 16, 2018
Goldman Sachs Group Inc (GS) Q3 2018 Earnings Conference Call Transcript
GS earnings call for the period ending September 30, 2018.

Reuters Company NewsOct 16, 2018
UPDATE 8-Saudi prince agrees to Khashoggi case investigation as Turks search consulate
* Trump dispatched envoy after floating "rogue killers" theory

Google Business NewsOct 16, 2018
US Judge Approves SEC Settlement With Tesla, Musk; Shares Jump - U.S. News & World Report

U.S. News & World Report


(Reuters) - A U.S. judge on Tuesday approved a settlement between a federal regulator, Tesla Inc and its chief executive officer, Elon Musk, over his tweets promising to take the company private, signaling an end to a tumultuous period for investors.
Fed


MarketWatch MarketPulseOct 16, 2018
Netflix price target slashed at Morgan Stanley
Morgan Stanley cut Netflix's 12-month price target to $450 from $480 on Tuesday ahead of the streaming giant's earnings announcement, saying a stronger dollar and rising interest rates could increase costs for the company. This follows similar cuts by Raymond James, which lowered its price target to $400 from $445 on Monday, and Goldman Sachs, which lowered its price target to $430 from $470 on Friday. Despite the cut, Morgan Stanley maintained its overweight rating for Netflix, saying long-term prospects for the company are still bright, especially overseas. "European success reinforces view that Netflix, given time, can scale historically challenging pay-TV markets," analyst Benjamin Swinburne wrote in a note to investors. Netflix shares fell 2.8% last week among a broader market selloff, though they have gained 74% so far this year. The S&P 500 has gained 4%.

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.



MarketWatchOct 15, 2018
Key Words: Instagram co-founder on quitting Facebook: ‘No one ever leaves a job because everything's awesome'
Instagram co-founder and former chief executive Kevin Systrom suggested Monday that things weren't so great at Facebook Inc., where he quit last month.

RELATED ARTICLES
Former Instagram CEO on quitting Facebook: 'No one ever leaves a job because everything's awesome' (CNBC Business)
TRENDING TAGS
EarningsDow strong Street Wall points
StreetWall Journal earnings Morgan Stanley
WallStreet Journal St Earnings stocks
Stocksearnings Watch marijuana Tech Market
Trumpbiggest threat Fed Saudi my
stockEarnings market Watch Today gains
Searsbankruptcy Files Stores protection Here
NetflixEarnings Growth subscriber estimates price
GrowthNetflix stocks Reports Strong subscriber
SaudiArabia Khashoggi conference Journalist tensions

NEWS SOURCES
Top News (Business News)
Accounting Today
AdWeek News
Banking Business Review
Barron's This Week Magazine
Barron's Up and Down Wall Street Daily
Brad Ideas
Chicago Tribune Business News
CNBC Business
CNBC Economy
CNBC Finance
CNN/Money
CNN/Money Real Estate News
Dismal.com: Analysis
Dismal.com: Indicators
Enterprise Application News
Entrepreneur.com
Forbes Headlines
Forbes Social Media News
FT.com - China, Economy & Trade
FT.com - Financial Markets
FT.com - Hedge Funds
FT.com - Telecoms
FT.com - US
Google Business News
Google Market News
HBS Working Knowledge
Inc.com
INSEAD Knowledge
International Tax Review
Kiplinger
Knowledge@Wharton
L.S. Starrett News
MarketWatch
MarketWatch Breaking News
MarketWatch MarketPulse
McKinsey Quarterly
MSNBC.com: Business
Nielsen Trends
NonProfit Times
NPR Topics: Business
NYTimes Business
OpinionJournal.com
Private Equity Breaking News
Reuters Business
Reuters Company News
Reuters Money
SEC.gov Updates: News Digest
SHRM HR News
Tax Policy News
The Economist International News
The Motley Fool
USA Today Money
Wall Street Journal US Business
Wall Street Transcript
Washington Post Business
WSJ Asia
WSJ Europe
WSJ MoneyBeat
WSJ Opinion
WSJ US News
WSJ World Markets
Yahoo Business
  • CEOExpress
  • 1 Boston Place | Suite 2600
    Boston MA 02108
  • 617 482 1200
    617 299 8649 (fax)
  • Contact

©1999-2018 CEOExpress Company LLC