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Wall Street set to open higher on trade optimism

Wall Street set to open higher on trade optimism (Reuters) - Wall Street's main indexes were set to open higher on Friday, eyeing their fourth week of gains, on hopes that a bitter trade war between the United States and China would be resolved.


Perdue Farms recalls chicken nuggets because they may contain wood

Perdue Farms recalls chicken nuggets because they may contain wood Some Perdue Foods chicken nuggets may be contaminated with wood, according to a recall USDA recall notice.


Democrats vow to probe BuzzFeed report Trump directed Michael Cohen to lie to Congress

Democrats vow to probe BuzzFeed report Trump directed Michael Cohen to lie to Congress A BuzzFeed News report claims President Donald Trump directed his former lawyer Michael Cohen to mislead Congress about negotiations over a condo project in Moscow.


Explainer: 'Yellow vest' crisis exposes limits of French welfare system

Explainer: 'Yellow vest' crisis exposes limits of French welfare system Driving the unrest is anger about rising living costs - particularly among low-paid workers - and a perception that President Emmanuel Macron is deaf to their needs as he presses on with reforms seen as favoring the wealthy. The following graphics look at underlying economic and social indicators in France to try to explain why so many people believe the system is working against them. IS THE FRENCH WELFARE SYSTEM GENEROUS?


Tesla to cut workforce by 7 percent, increase Model 3 production at lower prices

Tesla to cut workforce by 7 percent, increase Model 3 production at lower prices Saying the road ahead was “very difficult,” Tesla’s CEO Elon Musk said Friday that the company would be cutting its staff by about 7 percent.


Should You Buy Williams-Sonoma for Its 3% Dividend Yield?

Should You Buy Williams-Sonoma for Its 3% Dividend Yield? Is this beaten-down retailer a worthy income investment?


Second Donald Trump-Kim Jong Un meeting on agenda as North Korea envoy visits

Second Donald Trump-Kim Jong Un meeting on agenda as North Korea envoy visits Kim Yong Chol, a high-level official in North Korea’s Communist government, is expected to meet Secretary of State Mike Pompeo in Washington Friday.


Netflix Analysts See Subscriber Growth Offsetting Sales Miss

Netflix Analysts See Subscriber Growth Offsetting Sales Miss Despite that disappointment, analysts largely cheered the results, with at least 10 firms raising their price targets as they pointed to strength in global subscriber additions, which they said would help contribute to long-term outperformance. May lifted his target on the company to $420 and affirmed his buy rating. In October, when May upgraded the stock to buy, he had a $375 target on Netflix.


Netflix Analysts See Subscriber Growth Offsetting Sales Miss

Netflix Analysts See Subscriber Growth Offsetting Sales Miss Despite that disappointment, analysts largely cheered the results, with at least 10 firms raising their price targets as they pointed to strength in global subscriber additions, which they said would help contribute to long-term outperformance. May lifted his target on the company to $420 and affirmed his buy rating. In October, when May upgraded the stock to buy, he had a $375 target on Netflix.


U.S. secretary of state to meet with North Korean counterpart: statement

U.S. secretary of state to meet with North Korean counterpart: statement U.S. Secretary of State Mike Pompeo will meet with his North Korean counterpart in Washington later on Friday, the State Department said. Pompeo will meet with Kim Yong Chol at the U.S. Department of State at 11 a.m. (1600 GMT), the department said in a statement.


Global Stocks, Oil Advance as Risk Rally Pushes On: Markets Wrap

Global Stocks, Oil Advance as Risk Rally Pushes On: Markets Wrap (Bloomberg) -- Sign up for our new China Newsletter, a weekly dispatch on where China stands now and where it's going next.


3 Americans killed in Syria suicide bombing claimed by ISIS have been identified

3 Americans killed in Syria suicide bombing claimed by ISIS have been identified The attack complicates a messy plan for U.S. withdrawal, a decision Trump's senior advisers disagreed with before offering an evolving timetable for the removal of the approximately 2,000 U.S. troops.


Can an employer ask you to do tasks not in the job description of a new position? Ask HR

Can an employer ask you to do tasks not in the job description of a new position? Ask HR A job description is rarely an exhaustive list of duties. Managers and recruiters often do not fully anticipate all the tasks that a job encompasses.


Tiffany holiday sales fall as Chinese tourists spend less

Tiffany holiday sales fall as Chinese tourists spend less Like other firms which sell luxury products, Tiffany relies on demand from China's burgeoning middle class as consumer demand for its rings, pendants and bracelets remains subdued in the United States and Europe. During the crucial November-December period, Tiffany's worldwide same-store sales fell 2 percent while net sales dipped 1 percent, against its expectations of modest increases. In a statement, Tiffany Chief Executive Alessandro Bogliolo blamed softer spending globally by foreign tourists, primarily Chinese, and external uncertainties which may have hit customer demand in Europe and the Americas region.


Dow 30 Stock Roundup: JPM & AXP Earnings Disappoint, GS & UNH Impress

Dow 30 Stock Roundup: JPM & AXP Earnings Disappoint, GS & UNH Impress The index enjoyed another strong week of gains, increasing over three straight sessions.


U.S. crude gains, slowing global economy challenge oil market in 2019: IEA

U.S. crude gains, slowing global economy challenge oil market in 2019: IEA U.S. oil production growth combined with a slowing global economy will put oil prices under downward pressure in 2019, challenging OPEC's resolve to support the market with output cuts, the International Energy Agency said on Friday. The IEA, which coordinates the energy policies of industrial nations, said it was keeping its estimate of oil demand growth for this year unchanged at 1.4 million barrels per day, close to 2018 levels.


CVS, Walmart resolve pharmacy contract impasse

CVS, Walmart resolve pharmacy contract impasse On Tuesday, CVS said the companies had failed to agree on pricing and that Walmart was leaving the pharmacy network for prescription drug plans that CVS manages for companies and health insurers and for the government-run Medicaid program for low-income people. Walmart and CVS also said on Tuesday they were still in discussions. "We view the agreement positively for CVS," Cantor Fitzgerald analyst Steven Halper said in a research note, explaining that the loss of Walmart pharmacies could have negatively impacted CVS' ability to sign up customers for its 2020 prescription drug plans.


NMI Holdings Inc (NMIH) March Higher, Can It Continue?

NMI Holdings Inc (NMIH) March Higher, Can It Continue? As of late, it has definitely been a great time to be an investor in NMI Holdings Inc.


Thai Stock Exchange Plans to Launch a Token Trading Platform

Thai Stock Exchange Plans to Launch a Token Trading Platform The Stock Exchange of Thailand is looking to capitalize on investor interest in cryptos by offering a new digital assets exchange.


Canadian Inflation Unexpectedly Accelerates on Airfare Surge

Canadian Inflation Unexpectedly Accelerates on Airfare Surge The consumer price index in December recorded a 2 percent gain from a year ago, up from 1.7 percent in November, driven by a 22 percent surge last month in the cost of air transportation. Core measures of inflation -- seen as a better gauge of pressures -- were unchanged at about 1.9 percent. The unexpected pick-up to end the year may raise some doubt about the Bank of Canada’s forecasts that inflation will temporarily taper off in the first half of this year.


SunTrust (STI) Q4 Earnings Top as Revenues Rise, Costs Fall

SunTrust (STI) Q4 Earnings Top as Revenues Rise, Costs Fall Higher interest rates, loan growth and lower costs support SunTrust's (STI) Q4 earnings while higher provisions and a decline in fee income hurt growth to some extent.


Here's My Top Stock to Buy In 2019

Here's My Top Stock to Buy In 2019 Don't overlook this company as it prepares for what could be its most important product launch ever.


Dunkin' Donuts Worker Dances With Customer Who Has Autism

Dunkin' Donuts Worker Dances With Customer Who Has Autism This doughnut shop just got a lot sweeter.


Talos Releases 2019 Production and Capital Budget Estimates

Talos Releases 2019 Production and Capital Budget Estimates Talos (TALO) projects 2019 total production sales volumes in the range of 19.5-20.4 MMBoe.


Here's Why You Should Add Sunoco (SUN) to Your Portfolio

Here's Why You Should Add Sunoco (SUN) to Your Portfolio Sunoco (SUN) is a promising investment option and is set to provide better returns to investors, courtesy of four factors.


Bank Stock Roundup: Q4 Earnings Season Begins, Wells Fargo, BofA & Citi Top Estimates

Bank Stock Roundup: Q4 Earnings Season Begins, Wells Fargo, BofA & Citi Top Estimates Investor sentiment upbeat on banks' Q4 earnings, with the major players displaying top-line strength on the back of higher rates, loan growth and strong financial advisory business.


GM Could Overtake Tesla as the Most Valuable U.S. Carmaker

GM Could Overtake Tesla as the Most Valuable U.S. Carmaker After Tesla followed in the footsteps of the legacy automakers and announced a plan to cut jobs on Friday, shares of the electric vehicle maker dropped over 7 percent in pre-market trade, suggesting its market capitalization could drop to around $55 billion, if the decline continues in regular trading. If the outlooks from the two auto companies are anything to go by, GM looks set to be winning the race this year. Tesla’s forecast of a “very difficult road” ahead, as it tries to ramp up the production of the lower-priced versions of the Model 3 sedan, contrasts starkly with the surprise outlook from GM earlier this month.


DowDuPont's Unit to Launch Enlist E3 Soybean and Qrome Corn

DowDuPont's Unit to Launch Enlist E3 Soybean and Qrome Corn The launches are part of DowDuPont's (DWDP) strategy to expand along with driving customer and shareholder value through the combined seed and crop protection pipeline.


Chip Making Giant TSMC Reports Significant Drop in Crypto Mining Revenue

Chip Making Giant TSMC Reports Significant Drop in Crypto Mining Revenue Chip manufacturing giant Taiwan Semiconductor Manufacturing (TSMC) reported a sizeable drop in its crypto mining-related revenue in 2018. The news was revealed in the company’s Q4 2018 financial results, published Jan. 17, together with an earnings call transcript. TSMC has not disclosed specific data for its crypto mining business — including it instead within its high-performance computing (HPC) segment.


Rupert Murdoch seeks permission to merge UK's Times and Sunday Times

Rupert Murdoch seeks permission to merge UK's Times and Sunday Times Rupert Murdoch's London-based The Times and Sunday Times have asked the British government for permission to share resources across both titles, a move that is barred under rules imposed when the media mogul bought both newspapers in 1981. John Witherow, editor of The Times, said the cost pressures facing the newspaper industry meant the titles needed to manage their newsrooms as carefully as possible.


Ford Anticipates Weak 2018, Pins Hope on Launches for 2019

Ford Anticipates Weak 2018, Pins Hope on Launches for 2019 Economic instability in China and high costs compel Ford (F) to lower earnings estimates. The company offers blurred guidance for 2019.


UPS driver saves dog from drowning in icy pond: 'She wasn't going to make it'

UPS driver saves dog from drowning in icy pond: 'She wasn't going to make it' Ryan Arens stripped to his boxers to save the dog. After authorities arrived, Arens went on to finish his UPS route, delivering his last 20 packages.


B2Gold (BTG) Achieves Record 2018 Gold Production & Revenues

B2Gold (BTG) Achieves Record 2018 Gold Production & Revenues B2Gold (BTG) targets organic growth via mine expansions, and exploration and developmental projects.


Tesla to cut workforce by 7 percent, sees small fourth-quarter profit

Tesla to cut workforce by 7 percent, sees small fourth-quarter profit The company, which has struggled to achieve long-term profitability and keep a tight lid on expenses, also said it expects fourth-quarter profit to be lower than the previous quarter. Chief Executive Officer Elon Musk said the company would need to deliver at least the mid-range Model 3 version in all markets starting around May, as it needs to reach more customers who can afford the vehicles. In addition, Tesla said it needs to continue making progress toward a lower-priced Model 3.


Tilray's Lock-Up Expiration Serves as a Warning for All Newly Public Pot Stocks

Tilray's Lock-Up Expiration Serves as a Warning for All Newly Public Pot Stocks Lock-up expirations could be a major marijuana stock headwind in the first half of the year.


Schlumberger revenue beats, sees international growth in 2019

Schlumberger revenue beats, sees international growth in 2019 Schlumberger, a bellwether for the oilfield services sector, said recent volatility in crude prices has led to more uncertainty in the spending outlook for oil and gas producers. "Future investments will likely be much closer to a level that can be covered by free cash flow," Chief Executive Officer Paal Kibsgaard said about its U.S. operator customers. Revenue from Schlumberger's North America business rose 0.3 percent year over year to $2.82 billion, while international revenue rose nearly 1 percent to $5.28 billion.


Can American Airlines (AAL) Beat High Costs in Q4 Earnings?

Can American Airlines (AAL) Beat High Costs in Q4 Earnings? High costs might mar American Airlines' (AAL) Q4 results. However, the headwind is likely to be countered by strong passenger revenues.


Honeywell Chosen by ZPC for Petrochemicals Project in China

Honeywell Chosen by ZPC for Petrochemicals Project in China Honeywell's (HON) unit, Honeywell UOP, gets selected by ZPC to provide a range of process technology for its integrated refining and petrochemical complex in Zhoushan.


Intuitive Surgical Shares March Higher, Can It Continue?

Intuitive Surgical Shares March Higher, Can It Continue? As of late, it has definitely been a great time to be an investor in Intuitive Surgical.


Citizens Financial (CFG) Tops Q4 Earnings on High Revenues

Citizens Financial (CFG) Tops Q4 Earnings on High Revenues Citizens Financial (CFG) came out with fourth quarter earnings per share of 98 cents, surpassing the Zacks Consensus Estimate of 94 cents.


Lilly's cancer therapy Lartruvo fails study, shares drop

Lilly's cancer therapy Lartruvo fails study, shares drop Eli Lilly and Co said on Friday its cancer treatment Lartruvo, approved on an accelerated basis in 2016, failed to improve patient survival in a long-term study and will no longer be prescribed, driving shares down 3 percent before the bell. Lartruvo was granted accelerated approval based on mid-stage trial data by the U.S. Food and Drug Administration and a conditional approval by the European Medicines Agency in 2016, with continued approval remaining contingent on the results of a late-stage trial. On Friday, Lilly said the study did not confirm the clinical benefit of Lartruvo, used in combination with the standard-of-care chemotherapy doxorubicin, when compared to doxorubicin alone.


A.J. Gallagher’s 'clean coal' business draws ire of green investors

A.J. Gallagher’s 'clean coal' business draws ire of green investors Two of America’s best-known green investors are reassessing their stakes in global insurance broker Arthur J. Gallagher & Co after a Reuters investigation into the company’s lucrative side-business in “clean coal”. A.J. Gallagher has invested in 34 facilities producing so-called refined coal, which is chemically treated to make it burn cleaner and heavily subsidized by the U.S. government. A.J. Gallagher has accumulated about $850 million worth of U.S. government tax credits from the business.


Key Factors to Impact Prologis' (PLD) Earnings This Season

Key Factors to Impact Prologis' (PLD) Earnings This Season Prologis' (PLD) Q4 results likely to reflect healthy fundamentals of the industrial real estate market, backed by an improving economy and strengthening e-commerce market.


Garmin Introduces GTR 200B Radio, Boosts Aviation Business

Garmin Introduces GTR 200B Radio, Boosts Aviation Business Garmin (GRMN) unveils communication radio and Bluetooth-enabled intercom for experimental aircraft, which should boost its aviation segment.


Brown & Brown's Unit to Fortify Wholesale Brokerage Services

Brown & Brown's Unit to Fortify Wholesale Brokerage Services Brown & Brown (BRO) arm buys all the assets of Izzo Insurance, which is likely to boost its wholesale brokerage operations and add value to its service portfolio.


Schlumberger (SLB) Meets Q4 Earnings Estimates

Schlumberger (SLB) Meets Q4 Earnings Estimates Schlumberger (SLB) delivered earnings and revenue surprises of 0.00% and 1.46%, respectively, for the quarter ended December 2018. Do the numbers hold clues to what lies ahead for the stock?


Stanley Black & Decker (SWK) Q4 Earnings: What's in Store?

Stanley Black & Decker (SWK) Q4 Earnings: What's in Store? Stanley Black & Decker (SWK) stands to gain from the e-commerce business, solid product demand, growth in emerging markets and buyouts. High input costs and lower organic sales remain concerning.


Allegiant Travel Company Shares March Higher, Can It Continue?

Allegiant Travel Company Shares March Higher, Can It Continue? As of late, it has definitely been a great time to be an investor in Allegiant Travel Company.


5 Cheap Dividend Stocks That Offer Growth

5 Cheap Dividend Stocks That Offer Growth Amid heightened volatility and uncertainty, investors are looking for both income and growth in their portfolio. As a result, picking dividend growth stocks appear as a winning strategy.


Mourners rally after Sudanese protester's funeral: witnesses

Mourners rally after Sudanese protester's funeral: witnesses Hundreds of mourners launched a spontaneous anti-government demonstration Friday as they returned from the funeral of a protester killed in a rally a day earlier in Sudan's capital, witnesses said. "We are not scared, we will not stop" the protesters shouted, as they took to the streets of Khartoum's eastern district of Buri, the hub of an anti-government rally late on Thursday. The Sudanese Professionals Association, a group spearheading the anti-government rallies across Sudan, said that three people died in Thursday's protests in Khartoum.