Market Snapshot: Stock-index futures edge lower as investors watch trade talks, await Fed minutes Stock-index futures edge lower Wednesday, with investors keeping an eye on U.S.-China trade talks in Washington while awaiting the release of minutes from the Federal Reserves January policy meeting for further insights into the central banks surprise flip to wait-and-see mode on rates.
71 Biggest Movers From Yesterday
Earnings Scheduled For February 20, 2019
Economic Data Scheduled For Wednesday
Oil dips after forecast for record U.S. shale output Crude oil futures eased on Wednesday in light of the prospect of a continued boom in U.S. shale oil output, although with OPEC determined to restrict its own production to prevent a global surplus of unused fuel, the price held just shy of 2019 highs.
The Big Problems Facing the Trade Talks This week’s trade negotiations between the U.S. and China will have to bridge a lot of gulfs between the two countries. One particularly tricky issue is that Washington wants Beijing to adopt a policy that would keep the value of China’s currency stable.
Russian Hackers Targeted European Research Groups, Microsoft Says Karen Donfried, second from right, the president of German Marshall Fund of the United States, with NATOs secretary general, Jens Stoltenberg, center, in Brussels in 2014. Her organization was targeted by Russian hackers, Microsoft said.
What's Really Inside Your Index Fund? Investors love index funds, but they may not be as transparent as they seem.
AMERICAS
Southwest cuts unit revenue outlook; sees $60 mln hit from U.S. govt shutdown Southwest Airlines Co on Wednesday cut its forecast for first-quarter revenue per seat mile and said it expects a hit of $60 million to sales from a U.S. government shutdown.
Glencore announces $3 bln buyback plan as profit jumps despite cobalt dip Weaker cobalt prices dented earnings at Glencore's trading division last year, but strength in other commodities helped the company to post an 8 percent jump in core profit and announce a share buyback programme worth up to $3 billion.
Mattel forecasts a year of flat sales despite growth in Barbie and Hot Wheels Mattel talked up its big names during a recent analyst meeting, but is guiding for a flat year in sales.
Heres what Tesla is promising for 2019 Tesla Inc. has filed its annual report, committing to paper its promises and expectations for the year and putting an initial price tag on its going-private saga and restructuring.
The Uber for breakups can help you move out of your exs place for up to $500 Onward is an on-demand service that helps people pack, find housing, move out and move on.
The Ratings Game: Weight Watchers stock plunge means Oprahs stake has shrunk by $558 million in 8 months Oprah Winfreys purse has gotten a lot thinner over the past eight monthsabout $560 million thinnerwith J.P Morgan adding to her woes Tuesday by turning bearish on WW, the company formerly known as Weight Watchers International Inc.
Tilray makes richest deal yet in effort to jump into U.S. CBD market Marijuana company Tilray Inc. announced its most expensive acquisition to date early Wednesday, agreeing to spend more than $300 million for a company that claims to be the worlds largest hemp-food maker.
Intercept Pharmaceuticals is one step closer to getting FDA approval for the first-ever NASH drug Intercept Pharmaceuticals Inc. announced Tuesday that a potential therapy for the fatty liver disease known as NASH had achieved its primary goal in a Phase 3 trial, a week after Gilead Sciences Inc. announced a competing trial had failed.
EUROPE
French court ruling due in UBS $6 billion tax case A French court will rule on Wednesday whether UBS, Switzerland's largest bank, helped wealthy French clients evade taxes between 2004 and 2012 and launder the proceeds.
Sainsbury's-Asda deal in jeopardy as UK regulator condemns plan Britain's competition regulator has dealt a potentially fatal blow to Sainsbury's planned $9.5 billion takeover of Walmart's Asda, saying it was unlikely the companies would be able to address its "extensive" concerns about the deal.
Israel's Wix.com Q4 profit up, sees 25 revenue growth in 2019 Wix.com, which helps small businesses build and operate websites, posted higher-than-expected fourth-quarter profit and forecast a 25 percent rise in revenue in 2019.
German prosecutors start penalty proceedings against Daimler in diesel probe German prosecutors in the city of Stuttgart have opened penalty proceedings against carmaker Daimler linked to suspected manipulation of diesel cars, the prosecution office said on Wednesday.
Vodafone connects 5G smartphones to its network for first time Mobile phone group Vodafone has conducted a successful trial connecting next-generation 5G smartphones to its network for the first time as it prepares to launch 5G in some European cities later this year, it said on Wednesday.
ASIA
Bain hires Nomura, Mitsubishi UFJ for IPO of Japan's Toshiba Memory -sources U.S. private equity firm Bain Capital has picked Nomura and Mitsubishi UFJ Morgan Stanley to manage an initial public offering of Japan's Toshiba Memory, a deal that could happen as early as September, people familiar with the matter said.
Indonesia's major new gas find may delay arrival of output deficit The discovery of a major new natural gas field in Indonesia may push back the day the country's gas consumption outpaces its production and reduce its reliance on imported liquefied natural gas (LNG), officials and analysts said on Wednesday.
Saudi Arabia to meet banks on export-credit finance plans, sources say Saudi Arabia will soon discuss with international banks its plans to use export-credit agencies in other countries to help it finance infrastructure projects, sources familiar with the matter said.
Submitted February 20, 2019 at 07:36AM by finfeed https://ift.tt/2SMdkwa
