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Wall Street's five-day rally flickers out as earnings near

1 week ago DieselGasoil Comments Off on Wall Street's five-day rally flickers out as earnings near
(Reuters) – Wall Street dipped slightly on Friday, breaking a five-session rally, as energy shares declined and investors looked ahead to earnings season, which kicks off next week with Citigroup, JPMorgan and other big banks. Underpinned by optimism over China-U.S. trade talks and expectations of a slow pace of interest rate hikes from the Federal Read More

Wall Street's five-day rally falters ahead of earnings

2 weeks ago DieselGasoil Comments Off on Wall Street's five-day rally falters ahead of earnings
(Reuters) – U.S. stocks edged about 0.4 percent lower on Friday as investors booked profits after a five-day rally and reset positions ahead of the earning season, which will begin with big Wall Street banks next week. FILE PHOTO: Traders work on the floor of the New York Stock Exchange (NYSE) in New York, U.S., Read More

Wall Street rally pauses as investors await corporate earnings reports

2 weeks ago DieselGasoil Comments Off on Wall Street rally pauses as investors await corporate earnings reports
(Reuters) – A five-day rally in U.S. stocks ran out of steam on Friday as investors booked profits and reset their positions ahead of the earning season set to begin next week. FILE PHOTO: Traders work on the floor of the New York Stock Exchange (NYSE) in New York, U.S., January 10, 2019. REUTERS/Brendan McDermid Read More

Wall St. on track to open lower after recent surge

2 weeks ago DieselGasoil Comments Off on Wall St. on track to open lower after recent surge
(Reuters) – Wall Street was set to open lower on Friday after rallying for the past five sessions on hopes of a resolution in the U.S.-China trade dispute and assurances from the Federal Reserve that it would be patient on interest rate hikes. FILE PHOTO: Traders work on the floor of the New York Stock Read More

Stock futures dip after five-day surge

2 weeks ago DieselGasoil Comments Off on Stock futures dip after five-day surge
(Reuters) – U.S. stock index futures dipped on Friday, after rallying for the past five sessions on hopes of a resolution in the U.S.-China trade dispute and assurances from the Federal Reserve that it would be patient on interest rate hikes. FILE PHOTO: Traders work on the floor of the New York Stock Exchange (NYSE) Read More

U.S. judge lets Buffett's Dairy Queen sue W.B. Mason over 'Blizzard'

2 weeks ago DieselGasoil Comments Off on U.S. judge lets Buffett's Dairy Queen sue W.B. Mason over 'Blizzard'
(Reuters) – A federal judge in Minnesota ruled this week that Dairy Queen, owned by Warren Buffett’s Berkshire Hathaway Inc (BRKa.N), may pursue its lawsuit to stop W.B. Mason Co from selling “Blizzard” bottled spring water, the name it uses for a popular ice cream product. FILE PHOTO: Berkshire Hathaway CEO Warren Buffett enjoys an Read More

Blizzard announces Overwatch’s Soldier: 76 is gay, fan base squeals

2 weeks ago DieselGasoil Comments Off on Blizzard announces Overwatch’s Soldier: 76 is gay, fan base squeals
Video game company Blizzard has revealed a second canonically gay character in Overwatch, one of the most popular games in the world. Reactions were mixed. Soldier: 76 (aka Jack Morrison), the over-the-top grizzled macho man with a gravelly voice and quite a few battle scars, is gay and has been all along, a new in-universe Read More

Activision Blizzard plans to terminate CFO Neumann

3 weeks ago DieselGasoil Comments Off on Activision Blizzard plans to terminate CFO Neumann
(Reuters) – Activision Blizzard Inc on Monday said it intends to terminate Chief Financial Officer Spencer Neumann for reasons unrelated to the video game publisher’s financial reporting or disclosure controls and procedures. Neumann has been placed on a paid leave of absence from the company, Activision Blizzard said, adding that Neumann will get an opportunity Read More

Exclusive: Netflix poaches CFO from Activision Blizzard – source

3 weeks ago DieselGasoil Comments Off on Exclusive: Netflix poaches CFO from Activision Blizzard – source
The Netflix logo is shown in this illustration photograph in Encinitas, California October 14, 2014. REUTERS/Mike Blake/File Photo (Reuters) – Netflix Inc is expected to announce in the next few days that it has poached media finance veteran Spencer Neumann from Activision Blizzard to be its chief financial officer, a source familiar with the matter Read More

Deadly blizzard fizzles to heavy rain, but some still digging out of snow

4 weeks ago DieselGasoil Comments Off on Deadly blizzard fizzles to heavy rain, but some still digging out of snow
(Reuters) – The post-Christmas blizzard that left at least two people dead in the U.S. Midwest and stranded thousands of travelers has fizzled to heavy rain storms that will soak swaths of the southeast, Gulf Coast and New England through the weekend, the National Weather Service said. “It’s bringing a lot of rain, we have Read More