Business

Equipment Companies Power Dow and S&P 500 to New Records

In 1.02pm trading, the Standard & Poor's 500 Index slipped 0.06 percent. The Dow hit 19,000 for the first time ever on Tuesday. Health care companies are taking some of the biggest losses. The U.S. stock market will be closed on Thursday and will close early on Friday. Kinross Gold Corp lost 8 per cent to $4.27. President-elect Donald Trump's promises of tax cuts, higher spending on infrastructure and less regulation have been seen by investors as beneficial to certain industries, ...

Business

Oil prices edge up on anticipation of OPEC-led production cut

Distillate fuel products supplied averaged 4.0 million barrels per day over the same period, up by 1.9% from the same period last year, and, total products supplied over the last four-week period averaged about 19.9 million barrels per day, up by 1.6% from the same period last year, according to the report.

Business

Boeing names GE's McAllister CEO, commercial airplanes

However, most of the work will remain at its existing locations "for the foreseeable future", the company said. Boeing intends to elevate its airplane services arm to be a major division on the level of its two premier divisions: defense and space, and commercial airplanes.

Business

Most Traded Stocks: Netflix, Inc. (NASDAQ:NFLX) , Kohl's Corporation (NYSE:KSS)

The firm now has $125.96 price objective on the Internet television network's stock. The brokerage set a "buy" rating and a $145.00 price target on the Internet television network's stock. During the same period past year, the company earned $0.07 earnings per share. Eventually, Netflix, Inc . CATV Systems exhibits an EPS value of 73.66% for the next five years.

Business

Asian shares mixed, Nikkei up as Yellen remarks lift dollar

The gap between 10-year government bonds in the United States and Germany widened to 200 basis points, its widest level since at least 1990, as investors expect the European Central Bank will keep monetary policy loose to stoke euro zone inflation.

Business

Banks are dropping out of the R3 blockchain group

Goldman backed out on October 31, according to two people familiar with the group, although the exit was not known until Monday. Receive News & Ratings Via Email - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings with MarketBeat.com's FREE daily email newsletter .