Author Archives: Lee Heavener

LIVE: Stocks rebound despite global bond yields hitting record lows

Stocks rebound as US factory data improves , but gold is jumping, and bond yields across the globe are tumbling to record lows. Catch The Final Round at 4 p.m. ET.
Source: Yahoo Finance

Tesla told regulators about Autopilot crash nine days after accident

SAN FRANCISCO/DETROIT (Reuters) – Tesla Motors (TSLA.O) alerted regulators to a fatality in one of its electric cars in partial self-driving Autopilot mode nine days after it crashed, the company said on Tuesday, defending its decision not to make the accident public before a fed…
Source: Yahoo Finance

How 2 US senators profited from America's financial crisis

Documents connect Senators Bob Corker and Mark Warner to controversial Wall Street deals.
Source: Yahoo Finance

How a billionaire hedgie hopes to fix corporate America

A new nonprofit, Just Capital, will rank American companies based “justness.”
Source: Yahoo Finance

Corporate Samckdown: Final Four trash talk from alumni execs

Prominent alumni of Syracuse, Villanova, UNC and Oklahoma sound off on the Final Four.
Source: Yahoo Finance

Bankers may have been underpricing corporate bonds by as much as $18 billion

Research firm Fideres Partners estimates that the underpricing of new debt may have cost U.S. companies as much as $18 billion in extra interest in bonds issued between 2010 and 2015.
Source: Yahoo Finance

Why Tesla's Model 3 is blowing away expectations

Within 24 hours of launching its first lower-price electric car, Tesla locked in a large base of paid reservations directly from retail buyers.
Source: Yahoo Finance

U.S. nonfarm payrolls increase solidly, wages rebound

U.S. employment increased solidly in March and wages rebounded, signs of economic resilience that could allow a cautious Federal Reserve to gradually raise interest rates this year. Nonfarm payrolls increased 215,000 last month, the Labor Department said on Friday. Data for January and February was revised slightly down to show 1,000 fewer jobs created than previously reported.
Source: Yahoo Finance

LIVE: Wall Street braces for the jobs report

Join Market Movers live now for coverage of the government’s monthly jobs report and the biggest premarket stories of the day.
Source: Yahoo Finance

Apple vs. the FBI: Here's where everyone stands

Learn who has come out on which side of the fight.
Source: Yahoo Finance

Stocks snap 3-day win streak with Nasdaq off 1%; IBM jumps

U.S. stocks closed lower Thursday, stabilizing after their largest three-day gain since August, as investors eyed oil prices and corporate news.
Source: Yahoo Finance

US stocks slip at midday; Wal-Mart leads retailers lower

Stocks are inching lower Thursday after a three-day rally. Consumer stocks are sliding after Wal-Mart reported disappointing results and cut its sales projections, and bank stocks are giving up some of …
Source: Yahoo Finance

These are Wall Street’s new favorite candidates

Jeb Bush is out. John Kasich, Marco Rubio and Ted Cruz are in.
Source: Yahoo Finance

Saudis and Russia speak, but oil goes lower?

Saudi Arabia, Qatar, Venezuela and Russia talk to freeze production levels, but what does this mean for an oversupplied market?
Source: Yahoo Finance

Companies lose billions buying back their own stock

If you think your stocks are doing poorly, check out the performance of some of the most sophisticated investors, the ones with more knowledge about what’s going on inside businesses than anyone else: …
Source: Yahoo Finance

Obama Will Seek to Double Budgets for Wall Street Regulators

President Barack Obama will ask Congress to double funding for the U.S. Securities and Exchange Commission and the Commodity Futures Trading Commission over the next five years, bolstering two financial …
Source: Yahoo Finance

Hillary Clinton’s real Wall St. problem: She could seriously use the money

Bernie Sanders has put his rival in a can’t-win position.
Source: Yahoo Finance

Technology rout pushes Nasdaq to lowest close since 2014

The Nasdaq Composite that includes large-cap technology names like Alphabet, Microsoft and Facebook led another broad rout on Wall Street Friday, closing at its lowest level since October 2014. Many stocks …
Source: Yahoo Finance

To financial markets, the 2016 election will barely matter

Not much will change, even if the wackiest candidate gets elected.
Source: Yahoo Finance

Wall Street eyes oil, dollar

U.S. stock index futures indicated a higher open on Thursday as traders watched oil and the dollar.
Source: Yahoo Finance

Sumner Redstone resigns as CBS executive chairman

Shares of CBS were up 4.6 percent in after-hours market trading, while those of Viacom Inc (VIAB.O), where Redstone is also chairman, rose 7.9 percent. Viacom’s board is scheduled to meet on Thursday, a company spokesman said, most likely to decide a successor to Redstone. CBS said Redstone would be replaced by Leslie Moonves, its president and chief executive since 2006.
Source: Yahoo Finance

Bank Bear Market Gets Worse as Goldman, Citi Sell Off Again

The 2016 financial stock rout worsened Tuesday as the country’s biggest investment banks plunged almost 5 percent amid a gathering storm of economic and financial threats.
Source: Yahoo Finance

Trump’s campaign is getting the most bang for the buck

An exclusive Yahoo Finance analysis identifies the thriftiest candidates, and the most wasteful.
Source: Yahoo Finance

Alphabet, China, oil in focus on Wall Street

Wall Street looked set to open lower on Monday, after an official survey showed China’s factory sector contracted for the sixth month and crude oil prices fell.
Source: Yahoo Finance

Wall Street surges at end of awful January

At one point last week, the S&P’s loss for 2016 reached 11 percent before recovering to end the month down 5 percent. Global equities got a surprise boost on Friday after Japan’s central bank cut a benchmark rate below zero to stimulate its economy. Microsoft shares (MSFT.O) jumped 5.83 percent on better-than-expected results.
Source: Yahoo Finance

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