U.S. stocks finished lower on Tuesday, giving back some of the previous days advance as worries about a lackluster spate of earnings and a slip in a reading of consumer confidence weighed on market sentiment.
A drop in the price of oil below $50 a barrel, lingering uncertainty about the U.S. presidential election and growing expectations of a rate increase by the Federal Reserve, also contributed....more>>>
What a difference one word makes. Cowen’s Doug Creutz and Stephen Glagola could have said that it’s not time to panic after Viacom (VIAB) said its negotiations with Dish Network (DISH) have been going nowhere. Instead, they inserted the word “necessarily,” changing the complexion of things. They explain:
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