Justine Underhill is a markets reporter and producer for Yahoo Finance, where she covers US stocks, commodities, financial derivatives and the Federal Reserve. You can reach her at [email protected].
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TODAY'S CHARTS: MoneyGram plunges on blocked deal; IBM gets an upgrade; AMD soars on Intel 'design flaw'
Shares of MoneyGram (MGI) are tanking, down 9%, after US regulators blocked the sale of?the money transfer company to Alibaba’s (BABA) Ant Financial Services. The $1.2 billion deal, which was in the works for several years, would have helped Alibaba solidify its US financial presence. Southwest Airlines (LUV) announced it will share its tax cut windfall with workers.
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Apple's iPhone boost; Weight Watchers signs DJ Khaled; McDonald's named top pick
Shares of McDonald’s (MCD) are popping after Nomura named the fast-food chain its top 2018 U.S. restaurant stock pick. Weight Watchers (WTW) shares are surging over 5% today after the diet program appointed DJ Khaled as a social media ambassador. Apple (AAPL) stock is getting a New Year’s boost.
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TODAY'S CHARTS: Amazon, Apple 'in talks' with Saudi Arabia; Freeport-McMoran higher on copper surge
These are the stocks that are on the move today.
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TODAY'S CHARTS: Amazon feels the 'Amazon effect'; GE's 3D printing play; More Tesla trouble?
These are the stocks that are on the move today.
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TODAY'S CHARTS: E*Trade's bitcoin play; Finish Line surges; Bed Bath & Beyond tumbles
Shares of Finish Line (FINL) surged as the athletic wear retailer reported beats on earnings, revenue and same-store sales. Allegiant (ALGT) shares are slightly higher on an upgrade to buy at Deutsche Bank, with analysts citing a strong position for the entire airline industry in 2018, in part due to gains from tax cuts and increasing demand. Discovery Communications (DISC) shares gained 4% on a Bank of America Merrill Lynch upgrade to buy.
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TODAY'S CHARTS: FedEx delivers on earnings; Micron pops; Stitch Fix tumbles
Stocks we're watching today.
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TODAY'S CHARTS: Apple downgraded, Cars.com pops, Jack in the Box sells Qdoba
These are the major stocks on the move on Tuesday, December 19.
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TODAY'S CHARTS: Twitter gets an upgrade; Hershey and Campbell bet big on snacks
In a surprise move,?Procter & Gamble?(PG) said it would add activist investor Nelson Peltz to its board. It’s shaping up to be a delicious merger Monday on Wall Street. First, Campbell Soup (CPB) is planning to buy Snyder’s Lance (LNCE), known for its Cape Cod chips and Snyder’s pretzels, in an all-cash deal worth nearly $5 billion.
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TODAY'S CHARTS: Under Armour surges on upgrade; Costco rallies after earnings beat; Hess targeted again by activists
Shares of CSX (CSX) are plunging, down about 8%, after the railroad company’s CEO is taking an unexpected leave of absence due to health issues. Costco?(COST) shares are rallying after it beat earnings expectations. Hess (HES) is once again under pressure from activist hedge fund Elliott Management, which reportedly called for the removal of the CEO or a sale of part or all of the company.
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Fed raises rates, sees three rate hikes in 2018
Janet Yellen leads her final Federal Open Market Committee (FOMC) meeting as Fed chair.
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TODAY'S CHARTS: Boeing boosts Dow; Comcast backs off Fox bid; Urban ups guidance
Shares of Boeing (BA) are climbing as it hands out more profits to investors. The aerospace giant boosted its quarterly dividend by 20%, to $1.71 a share, and authorized $18 billion in share buybacks, up from the $14 billion program put in place a year ago. Comcast (CMCSA) is trading almost 2% higher after announcing it is no longer bidding for most of the assets of Twenty-First Century Fox.
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TODAY'S CHARTS: Monsanto offers cash back for controversial chemical; Canadian Solar surges on CEO bid to go private
Shares of Canadian Solar (CSIQ) are surging over 5% after CEO Shawn Qu offered to take the company private in a deal valued at at $1.07 billion. BioMarin Pharmaceutical (BMRN) is on the rise after announcing updates on?an investigational gene therapy treatment for severe hemophilia.?SunTrust Robinson Humphrey analyst Edward Nash raised his price target on the stock to $130.00. Monsanto (MON) shares are in focus as the seed and agro chemical giant will give cash back to US farmers who buy its weed killer XtendiMax with VaporGrip, which has been linked to crop damage.
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TODAY'S CHARTS: Caterpillar admits to cheating customers; Smith & Wesson owner plunges after massive gun sales decline
Amazon (AMZN) is rallying on news the “Amazon Effect” is alive and well. United Natural Foods (UNFI), the food distributor whose largest customer is Amazon’s Whole Foods, said it is “continuing to see record sales and shipping unit volume” and incurred $25 million in additional out-of-stock costs as it races to keep up with demand. Trivago (TRVG) shares are rising on an upgrade to buy at Deutsche Bank.
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TODAY'S CHARTS: Lululemon bucks retail trend; GE's massive layoffs; Yelp's downgrade
Broadcom (AVGO) shares are higher after the chip maker beat on earnings, thanks to sales of smartphone parts, and increased its dividend. This comes as Broadcom is trying to convince shareholders to back its $100 billion takeover of rival Qualcomm (QCOM). Shares of General Electric (GE) are rising slightly after announcing it’s cutting 12,000 jobs at its global power division as part of its efforts to reduce costs by $1 billion in 2018.
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TODAY'S CHARTS: Google retaliates against Amazon; Home Depot's $15B share buyback; Square ups bitcoin bet
Home Depot?(HD) shares are off slightly after the home improvement retailer reaffirmed full-year guidance, detailed a three-year investment strategy and announced plans to bump up its share buyback program to $15 billion. The war of the tech titans escalates, with Google (GOOGL) pulling YouTube access from some Amazon (AMZN) devices. In a statement Google said, “Amazon doesn’t carry Google products like Chromecast and Google Home, doesn’t make Prime Video available for Google Cast users, and last month stopped selling some of (our sister company) Nest’s latest products.”?This is a spat that could intensify as their products increasingly overlap.
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TODAY'S CHARTS: McDonald's Dollar Menu gets love on Wall Street; Toll Brothers' problem with millennials
Shares of Toll Brothers?(TOL) are sliding after reporting profits and revenue that missed expectations. The luxury home builder also forecast a decline in gross margins for 2018, in part because the company is targeting millennials with lower priced homes. Toll Brothers stock is still up nearly 50% for the year.
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TODAY'S CHARTS: Aetna pops on CVS deal; BAC surges on tax bill; Disney and Fox talks back on?
Aetna?(AET) shares are popping after CVS announced plans to acquire the health insurer for about $69 billion in cash and stock, or about $207 per share. The vertical merger is likely to come under antitrust scrutiny, especially after the administration’s recent moves on the AT&T (T) and Time Warner (TWX) deal. Walt Disney?(DIS) shares are higher as the owner of the Magic Kingdom hopes to work some magic in a new round of talks for 21st Century Fox (FOXA) assets, including its film studio, international assets and stake in Hulu.
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TODAY'S CHARTS: Amazon's possible push into pharmacy; Blue Apron soars after replacing CEO
Markets?(^DJI, ^GSPC, ^IXIC)?fell sharply on Friday after?ABC reported?former national security adviser Michael Flynn will testify that he was directed by Trump to talk to Russians.
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TODAY'S CHARTS: Tech pushes for a rebound; Sears surprises investors
Tech stocks — the darlings of the market this year — got hammered yesterday, with the S&P 500’s tech sector (XLK) reporting one of its worst trading days of the year. Will investors buy the tech dip? When tech sold off in June and again in September, investors were ready to pounce.
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TODAY'S CHARTS: Regal reveals possible merger; Chipotle pops on CEO search; Autodesk's messy turnaround
Regal Entertainment (RGC) shares higher after the theater operator confirmed it’s in talks with its UK peer Cineworld Group for a potential buyout. Autodesk (ADSK) shares are tanking after reporting profits and revenue roughly in line with estimates, but announcing a massive restructuring plan that includes layoffs of more than 1,000 employees. Chipotle (CMG) shares are surging after announcing the founder and current CEO Steve Ells will become executive chairman and the restaurant chain will search for a new CEO.