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Searching for 'Year'. (Return) - Financial MarketsJan 28, 2020
Hong Kong stocks tumble on coronavirus fears
Shares in the Asian financial hub fell after market returned from lunar new year holiday

USA Today MoneyJan 28, 2020
Apple earnings climb on strength of iPhone 11 sales, strong holiday season
Apple posted record 2020 first quarter revenues of $91.8 billion, up 9% from the same period a year ago and way above earnings forecasts.       

MarketWatchJan 28, 2020
Market Extra: Junk-bond market gets first big test of year from coronavirus
A glut of new U.S. speculative-grade bonds issued by energy companies in January are seeing prices fall as China battles to contain the deadly coronavirus.

AdWeek NewsJan 28, 2020
J.Crew Taps Victoria's Secret Veteran Jan Singer as CEO
Over a year after the departure of its last chief executive, J.Crew finally has a new CEO. Jan Singer, who was previously the CEO of Victoria's Secret Lingerie, a position she left at the end of 2018, is taking the top spot at the retailer, where she'll oversee the J.Crew and J.Crew Factory businesses, filling...

Former Tinder COO to replace Mandy Ginsberg as Match Group CEO (Reuters Company News)

Yahoo BusinessJan 28, 2020
AMD Projects Quarterly Sales That Fall Short of Estimates
(Bloomberg) -- Advanced Micro Devices Inc. gave a lackluster forecast for the current period, suggesting gains against larger chip rival Intel Corp. may take longer than investors had hoped.Revenue in the first three months of the year will be about $1.8 billion, plus or minus $50 million, Santa Clara, California-based AMD said Tuesday in a statement. That would fall short of the average analyst estimate of $1.87 billion, according to data compiled by Bloomberg.AMD also said sales will increase 28% to 30% in 2020. Analysts, on average, projected annual revenue growth of 28%.Shares slipped about 3% in extended trading after the earnings report. The stock has surged to more than $50 this year, up from less than $3 at the end of 2015, as investors bet that the company's new products, and manufacturing stumbles by Intel, would open the door to sustained market share gains.Though the quarterly outlook disappointed some investors, AMD's revenue growth forecast reflects strong demand for server chips from cloud data center operators and personal computer makers, mirroring Intel's report from last week."We delivered significant margin expansion and increased profitability as we gained market share with our Ryzen and EPYC processors," Chief Executive Officer Lisa Su said in the statement. "Our focused execution and the investments we made in our high-performance computing roadmaps position us well for continued growth in 2020 and beyond."AMD's shares gained 148% last year making them the best performer on the S&P 5

MarketWatchJan 28, 2020
The Number One: There's only one stock millennials prefer over Amazon and Tesla
Apex Clearing recently unveiled its fourth-quarter Millennial 100 report, which analyzed more than 734,000 portfolios owned by U.S.-based investors with an average age of just over 31 years. Many of the names are probably exactly what you'd expect, along with perhaps a surprise or two.

Reuters BusinessJan 28, 2020
Nissan says it plans to sell 1.6 million cars in China this year
Japanese carmaker Nissan Motor Co said on Wednesday it planned to sell about 1.6 million vehicles in China, the world's biggest auto market.

'Flash crash' trader sentenced to time served plus a year of home confinement: lawyers (Reuters Business)

Reuters BusinessJan 28, 2020
Pfizer profit misses estimates as revenue falls; plans no 2020 share repurchases
Pfizer Inc on Tuesday reported quarterly profit that fell short of Wall Street expectations for the first time in at least two years, and the drugmaker said it will no longer rely on share repurchases to help drive growth.

KiplingerJan 28, 2020
4 Ways Claiming Social Security Benefits Early Could Work for You
When financial professionals talk about "maximizing" your Social Security income, generally what they're really advising is that you wait as long as possible before claiming your benefits.

Often, that makes perfect sense. After all, if you start your retirement benefits at age 62 (the earliest you can file), your monthly amount will be up to 30% less than it would be if you waited until your full retirement age. And that reduction is permanent. On the flip side, for every year you wait to file after your full retirement age -- until you reach age 70 -- you'll get an extra 8% in delayed retirement credits.

Waiting can make a substantial difference in the check you receive every month. But that doesn't make it the best strategy for everyone. For many retirees, there are good reasons to claim those benefits as early as possible.

Here are a few examples of when claiming earlier rather than later can be the right choice for you:

Written by Jason Lambert, president, CEO and portfolio manager of Vancouver, Wash.-based Northwest Financial & Tax Solutions ( He co-hosts "The Retirement Trailhead" radio show, and he hosts the "Peaks and Valleys" podcast. He holds a degree in finance from Auburn University.

SEE ALSO: Time Claims to Maximize Social Security Benefits

MarketWatch MarketPulseJan 28, 2020
Dow brings 5-session skid to a halt as stocks attempt to shake off coronavirus anxieties
U.S. stock indexes on Tuesday staged a solid comeback after the worst daily decline for stocks in months, following a downturn that had been at least partly sparked by concerns about the spread of an Asian influenza. Although the so-called Wuhan virus, named for the city in China where it is said to have originated, continues to spread in the second-largest economy in the world, claiming at least 106 lives and infecting more than 4,500 people, investors deemed Monday's equity slump to be overdone and bought beaten-down shares. The Dow Jones Industrial Average gained 186 points, or 0.7%, to 28,722, halting a 5-session slide. The S&P 500 index advanced 1% to 3,276, while the Nasdaq Composite Index rose 1.4% to close at 9,269, both indexes ended a two-session slide. Uneasiness about the spread of the the illness that has drawn comparisons with SARS, severe acute respiratory syndrome, and the possible impact to China's economy, comes as the Federal Reserve on Wednesday is slated to provide an update on monetary policy, with key interest rates at 1.50%-1.75% range. In company news, Apple Inc. is among the S&P 500 and Dow components set to report after Tuesday's close. Apple suppliers have cautioned that the coronavirus could impact the iPhone maker's output. Market participants also have noted that an accurate recession indicator, the differential, or spread, between the three-year Treasury bill and the 10-year Treasury note , briefly inverted early Tuesday.

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

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