#WallStreet

  • Tax cut sparks record-setting $178 billion buyback boom

    1. It’s raining buybacks: Corporate America is throwing a record-setting party for shareholders. S&P 500 companies showered Wall Street with at least $178 billion of stock buybacks during the first three months of 2018, according to Howard Silverblatt of S&P Dow Jones Indices. That’s a 34% bump from last...
  • Netflix Stock Has a Lot to Prove on Monday

    Netflix Stock Has a Lot to Prove on Monday – The Motley Fool Earnings season is here, and Netflix(NASDAQ:NFLX) is one of the first growth stock bellwethers to report. The world’s leading premium video service reports after the market close on Monday, and expectations are running high. Netflix’s guidance...
  • Wall Street Economists See Global Growth Cresting Not Collapsing

    • Most sticking with forcasts for growth around 4% this year • IMF set to update its global economic outlook on Tuesday The International Monetary Fund conducts its semi-annual health check of the world economy this week with investors fretting global growth is starting to sag after accelerating the...
  • S.F. Fed chief John Williams chosen to head powerful New York Fed

    The Federal Reserve’s top official on the West Coast has been chosen to head its powerful New York regional bank, a controversial choice because he helped regulate Wells Fargo & Co. during its fake-accounts scandal and is another white man at an institution that critics complain sorely lacks diversity....
  • Markets Right Now: Asian markets track plunge on Wall Street

    NEW YORK (AP) – The latest on developments in financial markets (all times local): 8:15 p.m. Asian shares have opened lower and are tracking the overnight plunge on Wall Street. Japan’s Nikkei 225 average lost 2.8 percent to 21,240.05 in early trading Friday. Hong Kong’s Hang Seng index lost 2.5...
  • Excited moment 16-year-old Louisiana student learns he has won early admittance to Harvard

    Ayrton Little, 16, got the good news Tuesday at school in Opelousas, Louisiana Classmates at the private TM Landry College Prep erupted with joy at the news Little plans to study computer science and hopes to work on Wall Street This is the moment a 16-year-old and his classmates exploded...
  • Wall Street CEO faces prison for scams on Villanova, church

    NEW YORK (AP) – Authorities say a Wall Street CEO is facing prison for scams that targeted Villanova University, a New York City church and others. New York Attorney General Eric Schneiderman says General Capital Corporation CEO Anthony Nyame (nee-AH’-may) pleaded guilty to felony charges. Schneiderman says Nyame sent...
  • Is the gold market rising on Wall Street ???

    Gold is glittering again on Wall Street. The yellow metal, which has a reputation as a safe place to park cash in turbulent times, is attracting increased buying interest from antsy investors as the record-setting stock rally stalls out, political risk in Washington grows and stocks approach September, which...
  • Office Depot Admits Amazon Is Stealing Its Business and Shares Slide 25%

    Office Depot (ODP, -25.86%) saw shares plummet as it reported weaker-than-expected sales in the quarter ended July 1, but more crucially, admitted that Amazon (AMZN, -0.79%) Business was eating into its corporate services segment. Shares lost 25% of their value on investor fears that the weak quarter was only...