ECB meets as Brexit creates eurozone growth risk
Wall Street expects the ECB to hold off on new stimulus at Thursday's meeting while Draghi signals potential easing later in the fall. Analysts say Brexit will blunt eurozone growth but that policy may wait for clearer data before further easing. The central bank has a 0.4% deposit rate and buys 80 billion euros of assets monthly. Market calm may persist as data accumulates.
MENTIONED IN THIS ARTICLE
European Central Bank
Britain
European Union
Wall Street
ECB
Mario Draghi
Alex Holmes
Capital Economics
Patrick O’donnell
Aberdeen Asset Man
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Draghi
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Market Headlines Without Clear Context
Trading figures show YY Price at 82.26 with a drop of 4.7. Related data indicate shifts to 39.29, 113.81, and 41.98 with declines of 2.10 and 4.92 respectively, reflecting a broad market movement in this snippet.
Investors use SigFig tracking to manage 200B assets nationwide
More than half a million U S investors rely on SigFig to manage portfolios with 200 billion dollars in assets. Data shows 51 to 70 percent in equities with five day and six month averages. Largest holding AAPL. most bought MO. most sold SIGFIG NOT SIGFI.
MENTIONED IN THIS ARTICLE
AAPL
SigFig
Halliburton posts quarterly loss despite beating estimates
Energy services firm Halliburton reported a 14 cent per share loss for the quarter, below the year-ago 44 cent profit, despite beating earnings expectations. Microsoft shares rose after an adjusted 69 cent quarterly profit, topping estimates by 18 percent as its cloud computing unit expands quickly.
MENTIONED IN THIS ARTICLE
Microsoft
Papa John's Stock Rises After KeyBanc Upgrade
Shares of the pizza chain climbed after KeyBanc upgraded to overweight citing stronger demand for home delivery as more diners order pizza for delivery.
MENTIONED IN THIS ARTICLE
Papa John’s
Pizza Company
KeyBanc
Delta Air Lines Seen as Best Airline Stock Pick
Analysts rate seven major U.S. airline stocks as outperform or buy amid a down year for shares. Delta is seen with the strongest upside, trading near $40 but potential to about $54.46 in 18 months, a 34 percent rise. Earnings are expected to jump 27 percent to $5.86 per share. United rose 2 percent after 21 percent lower profit, with 23 percent upside projected.
MENTIONED IN THIS ARTICLE
U.S
Alaska Air
American Airlines
Delta Air Lines
JetBlue Airways
Southwest Airlines
Spirit Airlines
United Continental
S&p Global
Delta
United
Ackman presses Herbalife bet amid FTC settlement critique
Pershing Square chief Bill Ackman reiterates his bearish stance on Herbalife after a 200 million FTC settlement he says proves a pyramid scheme. He plans to push overseas regulators to review the findings and act, while Herbalife officials defend the agreement and its business model.
MENTIONED IN THIS ARTICLE
Bill Ackman
Herbalife
Ackman
Alan Hoffman
FTC
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