News
Important Only
Stocks
PREVIEW: Walmart shares edge up Wed; to report results early Thursday
** Shares of Walmart WMT.N are up 1.3% in afternoon trading Wed, with the retailer seen reporting higher yr-over-yr rev in its qtrly results due before the bell on Thurs** Analysts expect Q1 rev to rise to $165.88 bln from $161.51 bln a yr ago and adj EPS of 58c/shr vs 60c a yr ago, according to LSE...Reuters
Thu, May 15
Other
Russia says Ukraine talks moved to second half of day at Turkey's request
MOSCOW, May 15 (Reuters) - Proposed talks between Russia and Ukraine in Istanbul have been moved to the second half of the day at the initiative of the Turkish side, Russian Foreign Ministry spokeswoman Maria Zakharova said on Thursday.Russian President Vladimir Putin on Sunday proposed direct talks...Reuters
Thu, May 15
Stocks
Is Berkshire Hathaway About to Start Paying Dividends? This Is What Buffett Has Hinted in the Past.
Warren Buffett is very clear about the features he favors in a stock. One feature he's always praising is dividends.There are many things to love about dividends; dividends demonstrate management's commitment to shareholders, and they imply a company that's mature and making more money than it needs...The Motley Fool
Thu, May 15
Other
Wisconsin judge to face charges accusing her of impeding immigrant's arrest
Judge Hannah Dugan to enter plea on obstruction chargesDugan seeking to have case dismissedTrump administration has vowed to investigate interference with immigration enforcementBy Andrew Goudsward MILWAUKEE, Wisconsin, May 15 (Reuters) - A Wisconsin judge is set to appear in federal court on Thu...Reuters
Thu, May 15
Economic Indicator
Euro zone industrial output unexpectedly surges in March
FRANKFURT, May 15 (Reuters) - Industrial production in the 20-nation euro zone rose far more than predicted in March, indicating that the sector's two-year recession may finally be coming to an end, data from Eurostat showed on Thursday.Output jumped 2.6% on the month, exceeding expectations for...Reuters
Thu, May 15
Economic Indicator
Euro zone growth downgraded but employment holding up
FRANKFURT, May 15 (Reuters) - The euro zone economy grew slower in the first quarter than initially estimated but employment held up well, indicating that the bloc keeps creating jobs despite years of anaemic expansion, data from Eurostat showed on Thursday. Gross domestic product in the first three...Reuters
Thu, May 15
Other
France's Macron says 'synchronisation' of European financial rules with US, UK is a priority
PARIS, May 15 (Reuters) - French President Emmanuel Macron said on Thursday that getting European regulation to be more in sync with the United States and the United Kingdom was one of his priorities for the banking and insurance sectors.Speaking at JPMorgan's markets conference in Paris, Macron...Reuters
Thu, May 15
Other
India issues stricter rules for foreign lawyers flying in for client work
Foreign lawyers flying in will have to disclose client name and contact informationForeign lawyers flying in can only stay 60 days in a 12-month periodBy Aditya Kalra and Arpan Chaturvedi NEW DELHI, May 15 (Reuters) - Foreign lawyers who fly into India to handle client matters will now have to i...Reuters
Thu, May 15
Forex
GBP/USD: Likely to trade in a range between 1.3220 and 1.3320 – UOB Group
Current price action is non-trending; Pound Sterling (GBP) is likely to trade in a range between 1.3220 and 1.3320. In the longer run, buildup in momentum has faded; GBP is likely to trade in a 1.3140/1.3405 range, UOB Group’s FX analysts Quek Ser Leang and Peter Chia note.
Fxstreet
Thu, May 15
Commodities
Singapore fuel oil stockpiles down for three straight weeks
SINGAPORE, May 15 (Reuters) - Onshore fuel oil stockpiles at key trading hub Singapore edged lower for three consecutive weeks, despite an uptick in net imports, data showed on Thursday.Residual fuel inventories STKRS-SIN were at 19.39 million barrels (about 3.05 million metric tons) in the week to ...Reuters
Thu, May 15
Stocks
2 Stocks That Plummeted During President Trump's First 100 Days in Office, and Where They Could Be Headed
President Donald Trump's first 100 days in office occurred between Monday, Jan. 20, and Tuesday, April 29. During this period, the S&P 500 (SNPINDEX: ^GSPC) and Nasdaq Composite (NASDAQINDEX: ^IXIC) dropped by 7% and 11%, respectively.From competing artificial intelligence (AI) platforms out of Chin...The Motley Fool
Thu, May 15
Forex
EUR/USD breaks below 1.12 as USD rebounds on trade commitment headlines – Danske Bank
EUR/USD slipped below 1.12 as a Bloomberg report helped the USD recover ground, but confidence in the greenback remains fragile ahead of key US data releases, Danske Bank's FX analysts report.Fxstreet
Thu, May 15
Stocks
Is Vanguard 500 Index Fund ETF Your Ticket to Becoming a Millionaire?
If your goal is building a million-dollar portfolio, but you don't know where to start, one of the best investment choices you can make is to buy the Vanguard 500 Index ETF (NYSEMKT: VOO). It isn't exciting, but it is easy, and the long-term performance of the index it tracks has helped many investo...The Motley Fool
Thu, May 15
Stocks
Street View: Cisco rides AI wave as Wall Street expects strong upside
** Cisco Systems CSCO.O said on Wednesday that its finance chief Scott Herren will retire from the company in July, and raised its annual results forecast, betting on steady demand from cloud customers for its networking equipment, driven by the artificial intelligence boom** Shares of the networkin...Reuters
Thu, May 15
Forex
FOREX-US dollar slips as Sino-US trade optimism wanes, retail data eyed
U.S.-South Korea talks stoke worries of long-term dollar weaknessUncertainty over various trade deals keeps sentiment in checkU.S. retail sales data in focus for investorsBy Ankur Banerjee and Medha SinghTOKYO, May 15 (Reuters) - The U.S. dollar lost its footing against major peers on Thursday ahead...Reuters
Thu, May 15
Stocks
INDIA STOCKS-India's benchmarks hit seven-month highs on trade deal hopes after Trump remarks
By Bharath Rajeswaran and Vivek Kumar M May 15 (Reuters) - India's equity benchmarks jumped around 1.5% on Thursday to a seven-month high after U.S. President Donald Trump said India had offered a zero-tariff trade deal to the United States.The Nifty 50 .NSEI rose 1.75% to 25,098 and the BSE ...Reuters
Thu, May 15
Economic Indicator
USD: Evidence and speculation weighs on the USD – ING
The dollar is drifting a little lower against major currencies and remains tarnished by April's events. US Treasuries continue to trade on a soft footing, and whether judged against the risk-free SOFR swap rate or German bunds, they have failed to reverse much of the spread widening seen in April.Fxstreet
Thu, May 15
