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Shutdown continues; Netflix earnings; Pharma takeover

1. Government shutdown continues: The U.S. government shutdown enters its third day on Monday, with the Senate scheduled to vote at noon on a bill to reopen it for three weeks. However, it is still unclear whether the proposal will garner enough support ...
Published: Yesterday
Source: CNN Money
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This Week: Home sales, Caterpillar results, 4Q GDP

Strong demand has helped lift U.S. home sales to levels last seen at the height of the housing boom a decade ago. Sales of previously occupied homes accelerated in November to a seasonally adjusted annual rate of 5.81 million units, the fastest pace since ...
Published: Yesterday
Source: ABC News
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How Wall Street expects the government shutdown to hit stocks

If the US government's shutdown lasts less than six weeks or so, the robust stock market will probably be fine, economists say. If the shutdown goes on longer than that, according to economists, expect stocks to dip. Most economists, however, didn't see ...
Published: Today
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Halliburton beats on fourth quarter profit, makes tax provision

(Reuters) - Halliburton Co (HAL.N) posted a much bigger than expected quarterly profit in the fourth quarter, benefiting from a shale-driven surge in U.S. oil production towards 10 million barrels per day. Shares in the oilfield services provider rose ...
Published: Today
Source: Reuters
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Inside the $350 million Emirates complex designed to fix the Airbus A380 superjumbo

Emirates has the largest fleet of Boeing 777s and Airbus A380s in the world. Emirates Engineering is tasked with keeping the fleet operating safely and effectively. Here's a look inside its facilities at Dubai International Airport. Over the past three ...
Published: Today
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AIG to buy reinsurer Validus Holdings for $5.56B in cash

Jan 22 (Reuters) - American International Group (AIG) on Monday said it would buy property and casualty reinsurer Validus Holdings (VR) for $5.56 billion in cash to strengthen its general insurance business. Continue Reading Below AIG's offer of $68 per ...
Published: Yesterday
Source: Fox Business
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Icahn, Big Investor Form Group to Oust Xerox CEO

Carl Icahn and Xerox Corp.'s (XRX) third-largest shareholder, Darwin Deason, on Monday, Jan. 22, formed a group to target the document technology company and its opaque joint venture with Japan's Fujifilm Holdings Corp., in a move that comes as the ...
Published: Today
Source: The Street
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Netflix may already be in half of all US homes, but it's still growing like crazy (NFLX)

Netflix is still growing despite widespread adoption. The company is expected to grow its earnings by $1 billion this year, according to Morgan Stanley analyst Ben Swinburne. Watch Netflix trade in real time on Markets Insider. Netflix is now a household ...
Published: Today
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The Zacks Analyst Blog Highlights: PetroChina, SORL Auto, Sinopec Shanghai, Autohome and Noah Holdings

Chicago, IL – January 22, 2018 – Zacks.com announces the list of stocks featured in the Analyst Blog. Every day the Zacks Equity Research analysts discuss the latest news and events impacting stocks and the financial markets. Stocks recently featured ...
Published: Today
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7 Reasons Why Keeping the Job You Have Might Be You're Smartest Career Move

With U.S. unemployment coming in at a healthy low of 4.10 percent last quarter, and better-than-average employment figures across the globe, job seekers have new choices. “Get a new job!” may be at the top of many resolution lists, but before you push ...
Published: Yesterday
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Marc Benioff: taking on Silicon Valley’s noxious culture

From the 61st floor of the new Salesforce headquarters in San Francisco, you really can see forever. Floor-to-ceiling windows and a 360-degree view shows the Presidio national park, the Golden Gate bridge, Alcatraz, and even the traffic on Highway 101 ...
Published: Today
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Number of stock indices at 3m dwarfs tally of quoted companies

There are now more than 70 times as many stock market indices as there are quoted stocks in the world, according to a groundbreaking survey by the Index Industry Association. A census of its members found that they publish and regularly re-calculate 3.28m ...
Published: Today
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‘This kind of uncertainty is driving good people out of this business’: Gov-cons brace for the workweek amid federal shutdown

Greater Washington awoke Monday to the third day of a federal government shutdown, and while signs pointed to a quick if decidedly less-than-elegant resolution, the fact remains that the high-powered and usually reliable engine that powers one-third of the ...
Published: Yesterday
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Global stocks mixed after US government shutdown

Global stocks were mixed on Monday as global investors mostly shrugged off the latest U.S. government shutdown. KEEPING SCORE: German's DAX was roughly flat at 13,436 and France's CAC 40 rose 0.1 percent to 5,532. London's FTSE 100 was up less than 0.1 ...
Published: Yesterday
Source: ABC News

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