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Follow this list to discover and track stocks that have been oversold as indicated by the RSI momentum indicator within the last week. A stock is oversold when the RSI is below 30. This list is generated daily, ranked based on market cap and limited to the top 30 stocks that meet the criteria.
Their combined wealth – a staggering $348.7 billion as of October 2018 – is more than the combined wealth of 4 million American families of median wealth.
Disney vs. Comcast. CNBC reports the media giants are set to meet to discuss stake in streaming service Hulu. Estimize Founder & CEO Leigh Drogen joins Yahoo Finance's Adam Shapiro, Julie Hyman, Andy Serwer, and Jessica Smith to discuss.
McDonalds is teaming up with AARP to help attract workers ages 50 or above, as unemployment hits historic lows. Yahoo Finance's Dan Roberts, Akiko Fujita, and Sibile Marcellus discuss.
The Philadelphia telco giant is working out the pros and cons of such a deal, including whether the venture would be worth more now or later.
(Reuters) - Comcast Corp is in talks to sell its stake in Hulu to Walt Disney Co, CNBC reported on Thursday, citing people familiar with the matter. The report comes 10 days after Hulu bought back wireless ...
First-quarter results at UPS were slammed by severe winter weather in the U.S. Northeast and Midwest, but executives said cost cuts and a multibillion-dollar network revamp to improve efficiency would help the company meet its 2019 profit target with a strong second half. "It implies a heroic ramp" up from an expected 5 percent year-over-year decline in earnings per share in the first half to a rise of 10 to 18 percent in the second half, Bernstein analyst David Vernon said in a note, using his own estimates.
Consumer cyclicals stocks are heavily dependent upon the strength of the economy and broader business cycles. Check out which cyclical stocks came out on top for February 2019.
LONDON/BENTONVILLE, Ark. (Reuters) - Britain's competition regulator on Thursday blocked Sainsbury's proposed 7.3 billion pound ($9.4 billion) takeover of Walmart-owned Asda - a huge blow to the supermarket groups who wanted to combine to overtake market leader Tesco. The Competition and Markets Authority (CMA) ruling is also a major setback for Sainsbury's Chief Executive Mike Coupe, the architect of the deal and the group's boss since 2014. For Walmart , the deal was a way to exit Britain, one of the weakest performers in its global portfolio, as it moves to revamp its international operations.
Both companies share ownership of Hulu, a video-streaming platform akin to Netflix. Disney is the majority owner and Comcast has a 30 percent stake. CNBC reported on Thursday that Comcast is considering selling that stake to Disney and that the two have held talks, but it’s not a sure thing yet. Working out a deal is a crucial step for Disney CEO Bob Iger in rounding out his streaming strategy. With full control of Hulu, the company could offer it together with the Disney+ and ESPN+ apps at a discount to customers who want all three.
The S&P 500 was flat on Thursday as gains in Facebook and Microsoft were overshadowed by 3M's bleak quarterly report, which sparked concerns about slowing global growth. Shares of the Post-it notes maker tumbled 12%, on track to post their biggest percentage decline in over three decades, after the company cut its 2019 earnings forecast and said it would lay off 2,000 workers.
A recent opinion by the U.S. Justice Department has put a handful of states in danger of losing at least $220 million in annual lottery profits that they use to fund college scholarships, senior citizen services and a variety of other programs. The states are anxiously waiting on a clarification from the Justice Department about its opinion that, if strictly interpreted, would outlaw lottery tickets sold online and prohibit all lottery-related activities that use the internet, including popular games like Powerball. Congress enacted the Wire Act in 1961 to target the mob's gambling activities by prohibiting wagering across state lines.
were down sharply Thursday after the company reported fourth-quarter revenue that topped analysts' estimates while earnings matched expectations. "Fiscal year 2019 was truly an exceptional year for Xilinx. In addition, we demonstrated strong profitability by posting over 30% growth in both non-GAAP operating income and non-GAAP diluted earnings per share," CEO Victor Peng said.
UPS Slides ~6% as Q1 Earnings and Revenue Miss Estimates(Continued from Prior Part)Full-year outlookAlongside its release of its first-quarter earnings results, United Parcel Service (UPS) has updated its guidance for 2019. Despite sluggish revenue
The best tech stocks aren't hard to find, as long as you're targeting stocks with healthy fundamentals and bullish charts.
Disney emerged as 60 percent owner of Hulu in March when it acquired the entertainment assets of 21st Century Fox Inc. for $71 billion. The Burbank, California-based entertainment giant increased its stake last week when Hulu agreed to buy out minority investor AT&T Inc. That deal valued Comcast’s stake in the service at $4.5 billion or more.