Micron Technology, Inc. (MU) reports earnings next week following a brutal decline that has dropped shares of the memory giant more than 40% to a 15-month low. Micron reduced fiscal first quarter guidance in its October release, triggering a sell-the-news reaction that spread quickly into the broad chip...
© Reuters. PG&E works on power lines to repair damage caused by the Camp Fire in Paradise ...
Consumer goods stocks could receive a boost from rising wage growth in developed economies that is likely to support consumer purchases into 2019. "An embryonic wage cycle is appearing in Japan, U.S., Netherlands and Germany as tight...
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Oracle Corporation (ORCL) provides software and information technology products for on-site applications on customized hardware and software for cloud computing services. This business has showed steady growth since May 2005. Oracle stock closed Wednesday, Dec. 12, at $47.32...
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FedEx Corporation (FDX) stock has dropped like a rock in December, falling nearly 50 points and 20% in just six sessions. The Amazon.com, Inc. (AMZN) juggernaut is to blame once again, with analysts taking down 2019 estimates in reaction to the launch of the Prime Air delivery service. A...
© Reuters. Spacelabs Healthcare wins $450 million U.S. defense contract: Pentagon ...
Energy stocks, now wallowing in a bear market as measured by the Vanguard Energy ETF (VDE), are poised for the biggest gains of any sector, according Bank of America’s latest “Relative Value Cheat Sheet.” “Energy jumped to #1 in our tactical sector framework for the first time since May...
There is a bright spot amid mounting investor concerns that a looming U.S. economic slowdown could trigger a bear market. The cause for optimism is strong consumer spending, which accounts for about two thirds of U.S. economic activity. "Three of the key drivers of consumer spending send a...