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Market Place top News

U.S. stocks ended little-changed on Wednesday, losing altitude in the final...
H&R Block Inc. shares rose in the extended session Wednesday as it reported a...
Weight Watchers International Inc. shares rallied in the extended session...
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Shares of Amgen Inc. slid in Wednesday's extended session after the biopharmaceutical company reported a double-digit sales decline of its blockbuster drug. Amgen reported its first-quarter earnings rose to $2.07...
President Donald Trump doesn’t seem to be paying much mind to what his tax plan could do to the budget deficit, but investors should....
PayPal Holdings Inc. stock topped record highs in after-hours trading Wednesday after the online-payments company beat earnings expectations and announced a $5 billion stock-repurchase plan. The company reported...
Shares of Tractor Supply Co. rose more than 2% late Wednesday after the retailer reported first-quarter earnings and sales in line with Wall Street expectations. Tractor Supply said it earned $60.3 million, or 46 cents,...
Under Armour is the worst-performing S&P 500 stock so far this year. Thursday’s earnings might finally be the catalyst it needs to give shares a lift....
House Democratic leader Nancy Pelosi said Wednesday "progress" has been made to lessen he concern over continued funding of a set of Affordable Care Act payments seen as critical for the continued survival of the...
With many details yet to be ironed out, the list of goals unveiled Wednesday includes lower business and individual rates, a higher standard deduction and elimination of the net investment income tax and estate tax....
Netflix Inc.'s said Wednesday that its 1.3 billion euro senior note offering was priced with a 3.625% coupon payment. The offering was increased to 1.3 billion euro, which is the equivalent of about $1.4 billion, from...
Oil prices settled Wednesday with a modest gain, well below the session's best levels, as gasoline futures fell on the back of an unexpected weekly rise in U.S supplies of the fuel. June WTI crude tacked on 6 cents, or...
Capping pass-through entity taxes at 15% would help advisers and many of their clients....

Marketplace

A poster child for the Trump trade is suffering a  catastrophic 25% drop  on Wednesday, and that should serve as a major warning to investors.  US Steel enjoyed a post-election stock price surge, which...
The conservative House Freedom Caucus on Wednesday reversed course and said it was on board with the latest iteration of a Republican plan to repeal and replace Obamacare. The caucus said the recently added, so-called...
Costco  shareholders are getting a special treat on May 26. In addition to raising the company's quarterly dividend by five cents to $0.50 cents a share, the wholesaler announced a special cash dividend of $7...
The Trump administration is considering an executive order on withdrawing the US from NAFTA,  Politico reported  on Wednesday citing two White House officials. A draft order, written by Peter Navarro, the...
America is a land of great diversity and that extends to the cars we drive. Even though the Ford F-Series has been the country's best-selling vehicle for the past four decades, Business Insider's team was curious to see...
The Mexican peso is getting smashed following reports the White House is getting ready to pull out of NAFTA . The currency is down by 2% at 19.2445 per dollar as of 12:36 p.m. ET. Earlier on Wednesday, Politico...
House Speaker Paul Ryan told reporters Wednesday that the spending bill that would avoid a government shutdown would not include payments critical to keeping the Affordable Care Act’s health-insurance markets viable....
A New York hedge fund that has the backing of Dan Loeb and Steve Cohen's family has had a strong start to the year. Honeycomb Asset Management's flagship fund returned 9.3% net of fees in the first quarter,...
This story was delivered to BI Intelligence " Fintech Briefing " subscribers. To learn more and subscribe, please click here . It's been clear for some time that the US is particularly fertile ground for robo-advice —...
Moelis & Company, a boutique investment bank, just announced its second record quarter in a row, and is now looking for top-tier talent to add to its roster. The firm beat analysts' first quarter expectations...
Uber wants to take its ride-hailing service to the skies. At an event in Dallas on Tuesday, Uber announced the partners that will help launch its Uber Elevate flying taxi service in 2020. Uber will rely on 5...
President Donald Trump is set to release his massive tax plan on Wednesday that includes slashing the corporate tax rate. One of the biggest refrains from Trump and Republicans is the desire to make the US "competitive"...
Chipotle  just  reported it's best quarterly numbers  since the 2015 E. coli outbreak cut the company's stock price in half. The stock is responding, rising 4.86% as of 10:20 AM ET. Credit...
West Texas Intermediate crude oil traded up 0.7% at $49.88 a barrel after weekly data released by the US Energy Information Administration  showed the biggest drawdown in inventories this year. ...
McDonald's had a killer first quarter, and that has much of Wall Street bullish on the company's stock.  McDonald's reported first quarter earnings of $1.47 on Tuesday, above the Wall Street consensus of...
This story was delivered to BI Intelligence " Payments Briefing " subscribers. To learn more and subscribe, please click here . UnionPay, China’s state-run card network with a near monopoly over the country’s...
With stock volatility hovering near a pre-financial crisis low, some investors might see an opportunity to take a breather. To the derivatives strategists at Goldman Sachs, it's an opportunity to reap outsized...
"Sell in May and go away" is an old saying that should probably be ignored. While it's true that stocks have historically done better from October through April compared to May through September, there's usually a...
LONDON — The boss of one the world's biggest exchange groups said that the upcoming MiFID II rules for financial services companies are "the worst piece of legislation" he has seen in his decades-long...
Ian Winer, the head of equities at Wedbush Securities, is making a bold call: buy retail stocks.  Many investors may be fearful of stocks in the space after a rough start to 2017. The  XRT SPDR S&P...