Investor’s Business Daily — Hopes of a better economy helped big banks like JPMorgan (JPM) and Goldman Sachs (GS) close out 2016 at the top of the Dow Jones industrial average. Six [...]
CNBC — Nike reported fourth-quarter earnings and sales Thursday that topped Wall Street’s expectations, also confirming a major deal with a rival retailer that Nike has avoided [...]
Bloomberg — Bank of America Corp. plans to lift its dividend above a level that Warren Buffett has said would compel him to convert preferred shares into the lender’s common stock. The bank [...]
IBD — The European Union imposed a 2.4 billion-euro ($2.7 billion) fine on Alphabet (GOOGL)-unit Google, saying the technology giant skewed search results to benefit its own shopping search [...]
CNBC — Costco shares have tumbled over worries the Amazon and Whole Foods Market merger will hurt the retailer’s business. However, one Wall Street firm says it is time to buy the [...]
Bloomberg — U.S. stocks halted a three-day slide, while Treasury yields and the dollar edged lower as a week dominated by crude’s tumble into a bear market ended with the three major [...]
Investopedia — Many healthcare stocks had rallies that fizzled out shortly after the election, but we have found three that held onto gains and look like they are poised to be winners for [...]
Investopedia — Sports retailers could be the next to feel the full force of Amazon.com Inc. A deal between Nike and Amazon that would allow the Oregon-based retailer to sell its shoes and [...]
Reuters — FedEx Corp (FDX) reported a higher-than-expected quarterly profit, as the package delivery company benefited from its TNT Express acquisition and higher sales across its express, [...]
Bloomberg — Kroger Co. was already in trouble last week — and then Amazon said it would buy Whole Foods. The biggest U.S. supermarket chain lost more than $7 billion in market value [...]
