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Treasury Secretary Mnuchin thinks a failure to pass tax reform will send stocks tumbling – Yahoo Finance

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Treasury Secretary Mnuchin thinks a failure to pass tax reform will send stocks tumbling – Yahoo Finance

This article was originally published on this site Treasury Secretary Steven Mnuchin thinks the stock market’s performance depends on tax reform. “There is no question that the rally in the stock market has baked into it reasonably high expectations of us getting tax cuts and tax reform done,” Mnuchin told Politico’s Ben White in a…

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These 5 stocks have gone almost nowhere this year, but could they be worth buying? – CNBC

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This article was originally published on this site In the midst of a raging bull market, some stocks in the S&P 500 have seen virtually no gains or losses this year. But some of them could be worth buying for a breakout, according to some market participants. Goldman Sachs, Quest Diagnostics, Mylan, Concho Resources and…

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Banks lead stocks mostly higher – Los Angeles Times

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This article was originally published on this site Financial companies led U.S. stock indexes mostly higher in morning trading Wednesday as investors pored over the latest batch of company earnings and deal news. IBM surged on strong quarterly results, lifting technology-sector stocks. Energy companies declined as early gains in crude oil prices faded. KEEPING SCORE:…

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Traders Scoop Up Cheap Honeywell Call Options Ahead Of Earnings – Schaeffers Research (blog)

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This article was originally published on this site Earnings season is in full swing. In addition to a number of Dow names and financial firms stepping up to the earnings plate, aerospace giant Honeywell International Inc. (NYSE:HON) is slated to unveil its quarterly results before Friday’s open. Here’s a closer look at how HON stock has…

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Ford to recall about 1.3 million trucks in North America for door latch fix – Reuters

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This article was originally published on this site WASHINGTON (Reuters) – Ford Motor Co said on Wednesday it would recall about 1.3 million 2015-17 Ford F-150 and 2017 Ford Super Duty trucks in North America to add water shields to side door latches at a cost of $267 million. The No.2 U.S. automaker said the…

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Side-Stepping Stock Direction Risk in Option Trading Before Earnings in Amkor Technology Inc – CML News

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This article was originally published on this site PrefaceFor the investor that feel as though the market’s direction is becoming tenuous, we can explore an option trading opportunity in Amkor Technology Inc (NASDAQ:AMKR) that does not rely on stock direction at all. It turns out, over the long-run, for stocks with certain tendencies like Amkor…

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Johnson & Johnson Stock Extends Breakout After Solid Q3

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Johnson & Johnson Stock Extends Breakout After Solid Q3

This article was originally published on this site Johnson & Johnson (JNJ​) shares jumped nearly 3.5% on Tuesday after the company posted better-than-expected third quarter financial results. Revenue rose 10.3% to $19.65 billion – beating consensus estimates by $370 million – while earnings per share of $1.90 beat consensus estimates by 10 cents per share….

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Stocks hit records, Dow returns above 23000 as IBM powers rally – MarketWatch

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This article was originally published on this site U.S. stocks rose on Wednesday, with major indexes hitting intraday records and the Dow industrials returning above 23,000 as the latest round of corporate earnings continued to support the market. What are the main benchmarks doing? The Dow Jones Industrial Average DJIA, +0.60%  rose 116 points, or…

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Here's How Much Amazon Prime Customers Spend Per Year – Fortune

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This article was originally published on this site Meanwhile, Amazon Prime subscriber numbers rise. Amazon Prime subscribers numbers are growing—and financially, that’s a good thing for the e-commerce giant. The tech giant now counts 90 million U.S.-based Amazon Prime subscribers, researcher Consumer Intelligence Research Partners (CIRP) estimates. The company’s study, which includes data from 500…

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Ford to Take $267 Million Hit From Recall of F-Series Trucks – Bloomberg

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This article was originally published on this site A 2017 Ford Super Duty F-250 truck. Ford Motor Co. is recalling 1.3 million F-Series trucks, its best-selling and most profitable model line, costing its North American unit an estimated $267 million in the final three months of the year. The second largest U.S. automaker said side…

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