|Bid||105.09 x 1000|
|Ask||105.10 x 800|
|Day's Range||103.82 - 105.14|
|52 Week Range||91.11 - 119.33|
|Beta (3Y Monthly)||1.07|
|PE Ratio (TTM)||11.68|
|Earnings Date||Apr 12, 2019|
|Forward Dividend & Yield||3.20 (3.12%)|
|1y Target Est||116.57|
U.S. stocks inched higher on Tuesday, led by Amazon and upbeat earnings from Walmart, while investors focused on the latest round of trade talks between the United States and China. Shares of Amazon.com Inc gained 1.4 percent, providing the biggest boost to the S&P 500 and the Nasdaq. Walmart jumped 3.9 percent after the world's largest retailer reported an estimate-beating jump in holiday quarter comparable sales, helped by consumer spending in key categories like groceries and increased e-commerce purchases.
U.S. stocks struggled for direction on Tuesday as gains in Walmart offset losses in financials, with trade talks between the United States and China in focus. A U.S. Commerce Department report last week showed U.S. retail sales recorded their biggest drop in more than nine years for December, stoking fears of an economic slowdown.
“What some people have pointed to is that because they’re using distributed ledger technology and they’re calling it a cryptocurrency, that could have a positive effect on the industry,” said Mati Greenspan, senior market analyst at eToro in Tel Aviv. Bitcoin climbed as much as 3.1 percent Tuesday to $3,970. At least one measure followed by technical analysts suggests Bitcoin has more room to run, with the digital token in a solid buy trend for the first time since mid-December.
Is Warren Buffett Expecting a Market Crash?Warren BuffettLast week, Berkshire Hathaway (BRK-B) released its fourth-quarter 13F. Markets were eagerly awaiting the filing to get a sense of how Berkshire chair Warren Buffett deployed its $100 billion
Honda Is Shipping Out of the UK Honda (NYSE:HMC) is packing up and closing its Swindon factory by 2022, insisting that it has nothing to do with Brexit. The fact that it’s closing in 2022 and not, like, right now before Brexit takes place illustrates that Honda was probably looking for an excuse to get […]The post Market Morning: Honda Flees UK, Trump Sued, Metals Fly, JPMorgan Goes Crypto appeared first on Market Exclusive.
Citigroup's (C) chief executive officer (CEO) - Michael Corbat - receives about 4.35% pay hike in total compensation package to $24 million for 2018.
Citigroup Inc said on Friday its Chief Executive Michael Corbat will get a 4.35 percent raise, bringing his total compensation for 2018 to $24 million. Corbat's total compensation included a base salary of $1.5 million plus cash bonuses of about $6.75 million, equity awards of nearly $7.88 million, and a long-term performance based pay worth $7.88 million. Members of the board said they considered the bank's earning operating performance, and market levels of pay when deciding his compensation.
JPMorgan Chase has created and tested a prototype of a digital coin. It is a far cry from the revolution early blockchain and cryptocurrency advocates had hoped for.
JPMorgan Chase & Co. declared a dividend on the outstanding shares of the Firm’s Series X preferred stock. Information can be found on the Firm’s Investor Relations website at jpmorganchase.com/press-releases.
Wall Street's main indexes were set on Friday to post their biggest weekly gain in nearly a month, as investors were optimistic about the ongoing trade talks to resolve a bruising tariff dispute between the United States and China. President Donald Trump said talks with China "are going extremely well," and the U.S. is closer than ever to having a "real" trade deal with Beijing. Hopes of a trade deal ahead of a March 1 deadline has helped the trade-sensitive industrials gain nearly 17 percent so far this year, making it the best performing S&P sector.
Citigroup Stock: Potential Upside(Continued from Prior Part)Strong financial performance Citigroup (C) impressed investors with its financial performance in 2018 due to higher net interest revenues, lower costs, and a decline in the effective tax
Why Warren Buffett’s Market Views Differ from President TrumpWarren BuffettOn February 14, Berkshire Hathaway (BRK-B) released its fourth-quarter 13F. The filing was highly anticipated since Berkshire Hathaway held more than $100 billion in cash
Here’s what we know about JPMorgan’s JPM Coin and what it could mean for existing cryptocurrency investors.
As the United Kingdom's Brexit crisis deepens, Goldman Sachs and JPMorgan have differing views of the ultimate outcome but the two titans of Wall Street agree on one thing: They don't believe there will be a no-deal Brexit. Unless Prime Minister Theresa May can get a Brexit deal approved by the British parliament, then she will have to decide whether to delay Brexit or thrust the world's fifth largest economy into chaos by leaving without a deal on March 29.
As the United Kingdom's Brexit crisis deepens, two of the titans of Wall Street have starkly different views of the ultimate outcome: Goldman Sachs sees a 50 percent probability of a ratified deal while JPMorgan sees a delay. Unless Prime Minister Theresa May can get a Brexit deal approved by the British parliament, then she will have to decide whether to delay Brexit or thrust the world's fifth largest economy into chaos by leaving without a deal.
Warren Buffett's Berkshire Hathaway Inc said it has trimmed its stake in iPhone maker Apple Inc , though none of the selling was Buffett's, and added positions in Canada's Suncor Energy Inc and software company Red Hat Inc. Berkshire also appeared to have shed a $2.13 billion stake in database software company Oracle Corp after having first disclosed it in November.