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Facebook and Alphabet upgraded by Stifel on advertising optimism

"We expect online advertising to eclipse 60% of U.S. ad spend in the next 5 years," said Stifel.

4 years ago

Here's where employers stand on 2019 bonuses

About 2 in 3 employers expect to give holiday bonuses or perks this year, according to a survey. Here's what to do.

4 years ago

Dollar General lifts profit forecast, tops third-quarter expectations on sales

Discount store operator Dollar General Corp raised its full-year profit forecast on Thursday after reporting its best quarterly same-store sales rise in nearly five years, benefiting from a wider selection of products and revamped stores.



4 years ago

Saudi Aramco prices shares at top of range in world's biggest IPO: sources

DUBAI/RIYADH Reuters) - State-owned oil giant Saudi Aramco has priced its initial public offering (IPO) at the top of its indicative range, three sources told Reuters, raising $25.6 billion and overtaking China's Alibaba to achieve the world's biggest stock market flotation.



4 years ago

Wall Street opens higher for second straight session

Wall Street's main indexes opened higher for the second straight session on Thursday on brighter hopes of a preliminary trade deal between the United States and China.



4 years ago

Tiffany profit falls short on weak demand in Americas, Hong Kong

Luxury jeweler Tiffany & Co , which is being bought by Louis Vuitton owner LVMH , missed market expectations for quarterly profit and sales on Thursday, hit by lower spending by foreign tourists in the United States and Hong Kong.



4 years ago

U.S. trade deficit hits 1-1/2-year low; weekly jobless claims fall

The U.S. trade deficit dropped to its lowest level in nearly 1-1/2 years in October, suggesting trade could contribute to economic growth in the fourth quarter, though a fall in imports of consumer goods hinted at a slowdown in domestic demand.



4 years ago

Here are the biggest analyst calls of the day: Apple, Facebook, Alphabet, Etsy & more

Here are the biggest calls on Wall Street on Thursday.

4 years ago

Huawei mounts legal challenge against FCC over rural carrier customers

China's Huawei has mounted a legal challenge against the U.S. Federal Communications Commission (FCC) after the body designated the technology giant as a security threat and moved to bar it from a government subsidy program.



4 years ago

GM, LC Chem announce $2.3 billion EV battery venture in Ohio

General Motors Co .and South Korea's LG Chem said on Thursday they will invest $2.3 billion to set up an electric vehicle battery cell joint venture plant in Ohio, creating one of the world's largest battery facilities.



4 years ago

Surprising purchases that actually qualify as eligible for FSA health spending

Some surprising high-end items, such as expensive skin care, are eligible for flex spending accounts.

4 years ago

Shares of biotech Aurinia nearly double in one day after positive data for Lupus drug

The Victoria, Canada-based company rallied after its trial for drug voclosporin posted positive efficacy and safety results.

4 years ago

BlackRock says global active equities chief Wiseman to leave firm

Mark Wiseman, global head of active equities at BlackRock Inc , is leaving the firm following a violation of the company's "relationships at work policy," the world's largest asset manager said in an internal memo on Thursday.



4 years ago

Wall Street dips on lack of fresh update on trade talks

Wall Street's main indexes dropped on Thursday, as investors stayed away from making riskier bets owing to a lack of new developments in U.S.-China trade talks.



4 years ago

U.S. trade deficit at 1-1/2-year low; labor market strong

The U.S. trade deficit dropped to its lowest level in nearly 1-1/2 years in October, suggesting trade could contribute to economic growth in the fourth quarter, though a fall in imports of consumer goods hinted at a slowdown in domestic demand.



4 years ago