Wall Street is looking for a positive open even as Treasury yields test multi-year highs following hawkish comments from Fed President James Bullard. U.S. equity futures edged higher Tuesday, while the dollar extended gains and Read more…
“Global events this quarter marked a dramatic change in the geopolitical environment,” said CEO James Taiclet. Lockheed Martin (LMT) – Get Lockheed Martin Corporation Report posted stronger-than-expected second quarter earnings Tuesday but fell light on revenues Read more…
The Japanese yen’s downswing has continued full force this week, as the currency can’t find its footing. USD/JPY is trading at 128.40 in Europe, up 1.1% on the day. Yen closing in on 130 The Read more…
Cable remains biased lower, but bears continue to struggle at psychological 1.30 support and unable to clearly break lower for over one month. Technical studies on daily and weekly charts show strong negative momentum, with Read more…
Bears are taking a brief breather on Tuesday, facing a headwinds from new two-year low (1.0757, posted on Apr 14) but remain fully in play and threatening of further losses. Narrow consolidation is likely to Read more…
The wage gap is narrower among younger workers nationally, and in some cities, women under 30 are out-earning their male counterparts. In 1848 Susan B. Anthony was working as a teacher in Canajoharie, N.Y., when Read more…
“We now believe mid-single digit adjusted operating profit growth and a 16% adjusted operating profit margin is achievable on revenue growth of low-single digits,” said new CEO Chris Cocks. Hasbro (HAS) – Get Hasbro, Inc. Read more…
“Given global supply surplus and demand uncertainty, the Company is suspending Covid-19 Vaccine sales guidance,” Johnson & Johnson said. Johnson & Johnson (JNJ) – Get Johnson & Johnson Report posted stronger-than-expected first quarter earnings Tuesday but Read more…
The dollar index passed 101, which we last saw for just over a week at the height of the lockdowns. But history suggests that this rally has roughly passed the halfway point. Except for a Read more…
There are three ‘tells’ in the latest announcements from one of the stocks Real Money Columnist Paul Price is watching closely. Figuring out whether a company’s chart is pointing to strength can be a real Read more…