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Industrials power Wall Street higher on trade optimism

30 mins ago DieselGasoil Comments Off on Industrials power Wall Street higher on trade optimism
(Reuters) – Gains in technology and industrial stocks put Wall Street on track for their fourth week of gains on Friday, amid growing optimism that the United States and China would resolve their bitter trade dispute. FILE PHOTO: Traders work on the floor of the New York Stock Exchange (NYSE) in New York, U.S., January Read More

Tiffany holiday sales fall as Chinese tourists spend less

4 hours ago DieselGasoil Comments Off on Tiffany holiday sales fall as Chinese tourists spend less
(Reuters) – Tiffany & Co (TIF.N) tempered its yearly profit forecast on Friday after its holiday sales fell unexpectedly as Chinese tourists spent less globally and the U.S. luxury jeweler faced softer demand in Europe and at home. FILE PHOTO: The sign of a Tiffany & Co. store is pictured in Pasadena, California, U.S., November Read More

Stock futures rise as trade hopes help sentiment

5 hours ago DieselGasoil Comments Off on Stock futures rise as trade hopes help sentiment
(Reuters) – U.S. stock futures rose for the fifth straight day on Friday, building on hopes that a bitter trade war between the United States and China would be resolved. 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 Wall Street Read More

American Express misses estimates on slowing customer spending; shares drop

17 hours ago DieselGasoil Comments Off on American Express misses estimates on slowing customer spending; shares drop
(Reuters) – American Express Co (AXP.N) missed Wall Street’s fourth-quarter profit estimates on Thursday, as the rate of customer spending slowed despite a strong U.S. holiday sales season. An American Express credit card is seen on a computer keyboard in this picture illustration taken September 6, 2017. REUTERS/Philippe Wojazer The credit-card issuer’s shares fell 2.4 Read More

Netflix forecast misses Wall Street view, shares dip

18 hours ago DieselGasoil Comments Off on Netflix forecast misses Wall Street view, shares dip
(Reuters) – Netflix Inc (NFLX.O) reported revenue and a first-quarter forecast slightly below Wall Street estimates on Thursday, sending shares of the world’s largest streaming service down 4 percent in after-hours trading. FILE PHOTO: The Netflix logo is seen on their office in Hollywood, Los Angeles, California, U.S. July 16, 2018. REUTERS/Lucy Nicholson The company Read More

Netflix's fourth-quarter revenue misses estimates; shares slip

19 hours ago DieselGasoil Comments Off on Netflix's fourth-quarter revenue misses estimates; shares slip
(Reuters) – Dystopian movie “Bird Box” helped Netflix Inc (NFLX.O) draw a record 8.8 million new paid streaming customers in the fourth quarter, but the company fell slightly short of Wall Street’s revenue estimates and shares tumbled 3 percent late on Thursday. FILE PHOTO: The Netflix logo is seen on their office in Hollywood, Los Read More

Heavy snow traps dozens of nuns in Alpine monastery

23 hours ago DieselGasoil Comments Off on Heavy snow traps dozens of nuns in Alpine monastery
Dozens of Catholic nuns have been cut off from the world for days after heavy snowfall left them trapped in their Alpine monastery. Authorities in Austria have deployed heavy equipment to clear the snow and fallen trees that were blocking roads to the Marienparadies cloister, which is run by the Sisters of Bethlehem order. Despite Read More

Q4 Earnings Continue

2 days ago DieselGasoil Comments Off on Q4 Earnings Continue
With the partial U S government shutdown extending its longest period in history at this time next week should it remain closed it will have been for longer than a full month we do not have updated information on Retail Sales for December shedding some light on 2018 holiday shopping Read More

Nordstrom's full-price comparable sales for holiday season disappoints

3 days ago DieselGasoil Comments Off on Nordstrom's full-price comparable sales for holiday season disappoints
FILE PHOTO: The Nordstrom store is pictured in Broomfield, Colorado, February 23, 2017. REUTERS/Rick Wilking (Reuters) – Nordstrom Inc (JWN.N) said on Tuesday comparable store sales at its full-price department stores rose only 0.3 percent during the crucial months of November and December, blaming lower traffic. The department store operator said year-to-date sales at full-price Read More

Asian shares on defensive, sterling braces for Brexit vote

4 days ago DieselGasoil Comments Off on Asian shares on defensive, sterling braces for Brexit vote
TOKYO (Reuters) – Asian shares were on back foot on Tuesday as an unexpected drop in China’s exports heightened worries about the global economy while the British pound braced for a showdown in parliament over the government’s Brexit plan. FILE PHOTO: A man looks at an electronic board showing the Nikkei stock index outside a Read More