Related EGHT Mid-Day Market Update: Dow Rises 50 Points; H&R Block Shares Decline Following Weak Q3 Results Summit: Time To Buy 8×8 Related NQ Mid-Day Market Update: Crude Oil Down Over 3%; Keryx Biopharmaceuticals Shares Rise Following Positive Kidney Disease Drug Data NQ Mobile Gains 5% Following Insider Purchase....More>>>
By Rahul Anand, Kalpana Kochhar, and Saurabh Mishra
The expansion of India’s exports of services between 1990 and 2013 has been nothing short of spectacular, putting India on a par with the world’s high-income economies in terms of service-product sophistication and as a share of total exports. This has created unique opportunities for continued growth. By contrast, when it....More>>>
Erin Andrews sues hotel over stalker videos “On the one hand she’s living the dream, her dream. On the other hand she’s living with a nightmare.”
That’s what Erin Andrews’ attorney told a Nashville jury Friday during closing arguments in her $75 million lawsuit over a nude video that was recorded and posted online without her consent.
Tiffany (TIF) is having trouble. Signet Jewelers (SIG), a down-market competitor, is not.
SCOTT EELLS/BLOOMOBERG NEWS
Shares of Signet Jewelers have gained 3.4% to $122.10 at 11:44 a.m. today after the parent company of Zale and other mall diamond stores met earnings forecasts and offered upbeat guidance. Cowen’s Oliver Chen and team have the details:
Final 4Q Results....More>>>
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Related LEA The Market In 5 Minutes: The Madness Continues 'Compelling Buying Opportunity' In Auto Parts, UBS Claims
Auto-parts supplier Lear Corporation (NYSE: LEA) is urging United Auto Workers to agree to lower wages for bringing jobs from Mexico back to Detroit, according to a Wall Street Journal report.
In the lunar calendar that started February 8, this is the Year of the Red Monkey. I found this description of the Red Monkey quite apt:
“According to Chinese Five Elements Horoscopes, Monkey contains Metal and Water. Metal is connected to gold. Water is connected to wisdom and danger. Therefore, we will deal with more financial events in the year of the Monkey. Monkey is a smart,....More>>>
Cowen’s Oliver Chen and team cut their rating on Tiffany (TIF) to Market Perform from Outperform, citing “uncontrollable risks,” and stating a preference forSignet Jewelers (SIG). They explain:
how hwee young/European Pressphoto Agency
We lower our rating on Tiffany to Market Perform and reduce our price target to $70 (from $75), assuming a lower P/E multiple....More>>>
Stocks will open lower this morning as oil continued to fall, and shares ofExxonMobil (XOM) andBP (BP) head lower following earnings reports.
sanjeev gupta/European Pressphoto Agency
S&P 500 futures have dropped 0.8%, while Dow Jones Industrial Average futures have fallen 0.8%. Nasdaq Composite futures have declined 0.8%. Oil has dropped 4% to $30.37 a barre.
Ted Cruz, under fire for misinforming Iowa voters about the status of his rival Ben Carson’s campaign, is wrongly claiming that it is CNN’s fault.
In a strongly worded statement on Wednesday evening, CNN said, “Senator Cruz’s claims about CNN are false. At no point did the network indicate Dr. Carson would suspend his campaign.”
The controversy stems....More>>>