Stocks slide as earnings disappoint across healthcare and tech
U S stocks fell Tuesday led by healthcare and materials shares after Alcoa Illumina and Fastenal posted quarterly results below estimates. The Dow dropped 200 points 18 128 66 while S P 500 fell 26 93 and Nasdaq slipped 81 89 Apple edged higher on Samsung Note 7 retirement news.
MENTIONED IN THIS ARTICLE
U.S
Alcoa
Wall Street
JJ Kinahan
TD Ameritrade
Kinahan
Standard & Poor
Illumina
Fastenal
St. Jude Medical
Abbott Laboratories
St. Jude
Abbott
Apple
Samsung
Dow Industrials
Dow Transportation
Dow Utilities
NYSE
S&p
Wilshire
Russell
Buffett's Berkshire Gathers Record Cash Near 73 Billion
Berkshire Hathaway holds about 73 billion dollars in cash by midsummer, funded by 1.5 billion monthly from its 90 plus businesses. Buffett keeps at least 20 billion ready for claims or needs, while seeking sizable, durable acquisitions fitting his criteria. Possible targets include Mars Candy, See's Candy, and Wrigley gum, with Mars planning to buy Berkshire’s Wrigley preferred stock.
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Omaha
Neb
Warren Buffett
Berkshire Hathaway
Buffett
Berkshire
Bnsf Railroad
Berkshire Hathaway Energy
Precision Cast Parts
Andy Kilpatrick
Permanent Value
Warren
George Morgan
University of Nebraska At Omaha
Morgan
Mars
See’s
Sweet
NYMX
New York Mercantile Exchange
Chicago Board of Trade
CME
Chicago Mercantile
ICE
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Mutua
American
Ambala
GrthAmAm
IncAmerAm
InvCoAmAm
NewPerson m
Wamutinvam
Dodge & Cox Income
Dodge & Cox IntiStk
Dodge & Cox Stock
Fidelity
Frank Temp-Franklin Income Am
Harbor Intrinstl
Metropolitan West TtlRetBoll
Pimco TolReds
Rowe Price
Rowe Price Newincome
Vanguard
InstPlus
Vanguard IntiStkidxAdm
Vanguard Intistkidxipls
Vanguard MulntAdml
Vanguard PrinceAdml
Vanguard Stgradeact
Vanguard TotBdlast
Vanguard Totlntl
Vanguard TotStlAdm
Vanguard TotStlIns
Vanguard WellsAdm
Vanguard WadslAdm
Doe
SEC
The
Associated Press
Oil market boom sparks talk of North American output surge
The IEA chief cites $60 oil as a trigger for a North American production rebound, with OPEC and Russia possibly agreeing to limit supply. Brent tops $53 as Putin signals cooperation, and Saudi energy minister comments at Istanbul congress. If sustained, prices near $60 could revive shale, boosting output by over 1 million bpd by early 2018.
MENTIONED IN THIS ARTICLE
International Energy Agency
OPEC
Russia
Vladimir Putin
Organization of Petroleum Exporting Countries
Saudi Arabia
Khalid al- Falih
World Energy Congress
Istanbul
U.S
JBC Energy
North America
IEA
Faith Bird
Brent
Yum Brands eyes higher growth after China split
Yum Brands Chief Executive Greg Creed said separating its China operations will bring higher growth with less risk. China stores will license Yum brands while the split aims to cut costs and boost shareholder returns as Corvex Management pressures value creation.
MENTIONED IN THIS ARTICLE
Yum Brands
Greg Creed
China
Yum
Creed
New York
KFC
Pizza Hut
Taco Bell
Carl Icahn
Keith Meister
Corvex
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New York Stock Exchange
the Market IN Review
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NaspAq
Rentact
Vannr Pfa
Apple Inc
Vannr Pfc
Twitter
Cap
Vannr
Pfb
AMD
NovaListyl Impinj
KitovPh
OncoMed
Alcoa Rs
NewConcEn
LuxferHld
GenElec
Yid
At&t Inc
Invacare
Abbott Lab
Keycorp
KindMorg
Microsoft
Nordson
Bob Evans
Northropg
Penney
Petrbraa
ChesEng
Petrobras
Cisco
Citigroup
Pfizer
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Csvixsh Rs
ProctGam
Csvlgcrd
Darden
Diebold
Salesforce
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Drgmbils
Sherwin
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Siriusxm
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Smucker
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Vale SA Pf
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WalMart
iShBrazil
Weathfind
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WellsFargo
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Wendys Co Ishemkts
WhitingPet
Is Ease
Windstars
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