Fed chief Yellen speaks on rate hike timing in Cleveland
Traders await Janet Yellen's noon address in Cleveland as the Fed considers a possible liftoff this fall. Investors weigh global turmoil in Greece and China against a improving US economy and data that could shape the timing of future rate increases.
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Federal Reserve
Janet Yellen
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Cleveland
Wall Street
Greece
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Bill Hornbarger
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UBS
SigFig tracking users trim Facebook holdings mid June
Investors using SigFig tracking services with portfolios over 70 percent in equities cut their Facebook positions in mid June. The move reflects a risk-off tilt among highly equity-weighted portfolios as market conditions shifted.
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SigFig
Facebook
SigFig shows US investors under 20 percent in U S portfolios
SigFig data indicate more than half a million Americans with about 200 billion in assets manage portfolios online. The five day average is 1.46 while six month is -0.97. Largest holding is AAPL. Most bought is ALU and most sold is DANG. The page notes SigFig analysis and nationwide investor activity.
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AAPL
ALU
DANG
SigFig
U.S
SZEVY
FIT
XON
JBLU
QLogic trims first quarter outlook on earnings and revenue
Network firm QLogic cuts its first quarter targets to 16 to 17 cents a share and 113 million dollars in revenue from prior guidance of 23 to 27 cents and 124 to 132 million. L Brands posts June same store sales up 3 percent for five weeks to July 4, below the 3.4 percent consensus.
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Altera
Alta
Intel
Joyglobal Joy Global
JOY
City Kohl's
Ess
Etexas Instruments
TXN
M&a
Columbia
CPGX
Icron Micron Technology
Elvago Avage Technologies
AVGO
Qlogic
Lorands Brands
Victoria’s Secret
Bath & Body Works
Lion
Thomson Reuters
Nasdaq OMX rally after NYSE trading shutdown
Nasdaq OMX shares rose following New York Stock Exchange 31 hour shutdown blamed on a software upgrade. The outage halted NYSE operations prompting market-wide attention on technology reliability and trading resilience.
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New York Stock Exchange
Investors weigh Alcoa stock amid bullish bets
Investors describe Alcoa as a risky, potentially rewarding play. Some analysts see upward momentum while warning about volatility and industry headwinds.
Alcoa tops earnings with bullish 2016 profit outlook
Alcoa shares rise about 3 percent as second quarter results show demand firming and 2015 profit guidance. Wall Street sees 18 month upside to roughly 15.03 a share, about 36 percent, while New Constructs labels the stock dangerous. Investors note 6.5 percent global aluminum demand growth and risks to planned profits.
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Alcoa
S&p Capital IQ
Wall Street
New Constructs
Standard & Poor
Walgreens names Stefano Pessina CEO as profits rise
Walgreens Boots Alliance named Stefano Pessina chief executive and lifted its 2015 earnings outlook after posting third quarter profit of 1.3 billion dollars and revenue of 28.8 billion. The company raised its dividend and projected at least 1 billion in net synergies from its Walgreens Alliance Boots merger.
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Walgreens
Boots Alliance
Stefano Pessina
Wall Street
Pessina
Alliance
Boots
Greg Wasson
James Skinner
Walgreens Boots Alliance
Stefano
Skinner
Alliance Boots
Deerfield
Ill
U.S
Duane Reade
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