Amazon’s sketchy health products could hurt its big pharmacy ambitions
The online retailer sells supplements making grandiose health claims and medical devices that don’t appear to have government oversight.Source: http://www.marketwatch.com/news/story.asp?guid=%7B5E04DC78-CBDE-11E7-BEE1-4956AF9397F2%7D&siteid=rss&rss=1
Called to Account: U.K. ruling on Uber drivers may lead SEC to re-examine company’s revenue approach
A recent U.K appeals court decision that gives Uber drivers the right to be paid the national minimum wage and other benefits may prompt the Securities and Exchange Commission to take another look at Uber’s recent decision to leave driver revenue and costs out of its financial filings.Source: http://www.marketwatch.com/news/story.asp?guid=%7B00385374-CBC8-11E7-AA04-35A56D8B0840%7D&siteid=rss&rss=1
Need to Know: Waiting for gold to bottom? Watch this group of bulls
Gold has not had a bad year, but it seems to be stagnating a little. We could be pretty close to a shakeout level if our call of the day is on the money.Source: http://www.marketwatch.com/news/story.asp?guid=%7BF41C327A-CE80-11E7-8244-6E32F3FA95AD%7D&siteid=rss&rss=1
Market Snapshot: Nasdaq shapes up for another record, while Dow futures add nearly 100 points
U.S. stock futures on Tuesday point to rise at the open, with Lowe’s and Dollar Tree among those reporting earnings and with Fed chief Janet Yellen ready to give her first speech after her departure announcement.Source: http://www.marketwatch.com/news/story.asp?guid=%7B2556485A-CE98-11E7-8598-9309C12B5A89%7D&siteid=rss&rss=1
The Tell: Tax-cut plans might be more to blame for flat yield curve than investors think
Jim Vogel says investors could be underselling the importance of tax cuts and making too much of the central bank’s part in driving the curve’s flattening move.Source: http://www.marketwatch.com/news/story.asp?guid=%7B53DCD06A-CBB2-11E7-AA04-35A56D8B0840%7D&siteid=rss&rss=1
The Tell: Here’s what everyone is getting wrong about the cryptocurrencies craze
Are you scratching your head over the cryptocurrency craze? A few players in the growing industry tied to digital currencies are trying to help.Source: http://www.marketwatch.com/news/story.asp?guid=%7BC475D97C-CEAD-11E7-8598-9309C12B5A89%7D&siteid=rss&rss=1
Apple and big tech will drive total 2017 corporate cash stockpile up to $1.9 trillion
Led by Apple, technology companies continue to boast strong cash flow generation, leaving a select five firms atop a corporate cash heap that will only grow more this year, Moody’s Investors Service data out Monday showed.Source: http://www.marketwatch.com/news/story.asp?guid=%7B003BC958-CE0E-11E7-8244-6E32F3FA95AD%7D&siteid=rss&rss=1
Earnings Outlook: Salesforce earnings: Analyst surveys pointing to a strong quarter
Salesforce.com Inc. is expected to hand in a strong quarter of earnings as the stock pushes daily to record levels and analysts across the board report hearing positive feedback on adoption and retention of the company’s customer relationship management products.Source: http://www.marketwatch.com/news/story.asp?guid=%7B9250DC9A-CBD2-11E7-BEE1-4956AF9397F2%7D&siteid=rss&rss=1
Abercrombie & Fitch beat the unseasonably warm weather with clothes that can be layered
Abercrombie & Fitch executives credit the company’s latest earnings beat to a variety of factors, including merchandise that helped customers transition from summer to fall.Source: http://www.marketwatch.com/news/story.asp?guid=%7BB949378A-CBB8-11E7-BEE1-4956AF9397F2%7D&siteid=rss&rss=1
These Wal-Mart executives sold $11 million worth of stock as soon as they were allowed
Five Wal-Mart executives sold a total of about $11 million worth of shares, the day after they enjoyed the biggest one-day surge in 9 years.Source: http://www.marketwatch.com/news/story.asp?guid=%7B4CE1A1EA-CE0B-11E7-AF5E-CCA3B883B470%7D&siteid=rss&rss=1
Source: http://www.marketwatch.com/