-
Lingering Rate Worries, Faltering Overseas Markets Appear To Subdue US Market Sentiment
Monday, October 8, 2018 - 10:38am | 1419As the economy chugs along, investors have been eying inflation, and it seems those concerns have ratcheted up as government debt yields rise. Looking forward this week, the market is scheduled to get a couple of key reports on inflation and many investors will likely be weighing what they could...
-
Fiat Chrysler Outsells Ford In 'Month To Remember'
Tuesday, October 2, 2018 - 5:02pm | 809Sales at most automakers came in slightly under Cox Automotive's estimates in September, with the exception of Nissan. Fiat Chrysler Outguns Ford GM (NYSE: GM) led competitors with a Cox forecast of 235,000 vehicles sold, followed by Toyota (NYSE: TM) (203,098), Fiat Chrysler (NYSE: FCAU) (199,...
-
Florence Adds Volatility To Lean Hog Prices
Tuesday, September 18, 2018 - 12:17pm | 591Hurricane Florence made landfall in North Carolina as a Category 1 storm as its wind speed dropped, sparing many buildings, trees, and power lines from the more extensive wind damage of a major hurricane. Still, Florence's slow pace across the state dumped massive amounts of rain onto North...
-
North Carolina Ports See Florence Damage And Will Remain Closed Until Mid-Week
Monday, September 17, 2018 - 12:23pm | 289Hurricane Florence's destructive path will leave North Carolina's main ports offline until mid-week. The North Carolina Ports Authority says the initial assessments at the Port of Wilmington and the Port of Morehead City "indicate there is damage at both locations to warehouse and...
-
Barron's Picks And Pans: Allstate, CBS, Owens-Illinois, 3M And More
Saturday, September 15, 2018 - 12:06pm | 750This weekend's Barron's discusses how the insurance industry is likely to ride out Hurricane Florence. Other featured articles examine the prospects for a bottle maker in a slump and an industrial giant worth a closer look. Also, a board of directors that was slow to act and how big iPhone...
-
How The Stock Market Typically Reacts To Major Hurricanes
Friday, September 14, 2018 - 3:46pm | 384Hurricane Florence made landfall in North Carolina early Friday, and investors will be watching closely over the weekend to see just how much damage the storm does. At Category 1 status, rain and flooding are likely the primary concern; investors are optimistic the storm will not have a...
-
Coal Exports Face Delays As U.S. East Coast Rail Service Slows For Florence
Thursday, September 13, 2018 - 11:05am | 438Hurricane Florence will interrupt the main rail and maritime conduits for U.S. coal exports, according to Susquehanna Financial Group. Susquehanna's rail analyst Bascome Majors says CSX Corporation (NASDAQ: CSX) and Norfolk Southern Corp. (NYSE: NSC) are most exposed to any service...
-
Air Of Cautious Optimism To Start Day On Positive China Talk, Easing Price Fears
Thursday, September 13, 2018 - 10:43am | 2242A sense of cautious optimism greets the new day on Wall Street amid chatter about possible renewed trade talks between the U.S. and China and a fresh set of benign inflation data. Meanwhile, investors are likely to keep a close eye on developments in the Carolinas, where Hurricane Florence...
-
Market Appears To Be in Wait-and-See Mode Ahead of Apple, Central Bank Events
Wednesday, September 12, 2018 - 10:27am | 1377Anticipation appears to be the sentiment this morning as investors seem to look toward Apple Inc. (NASDAQ: AAPL) event later today when the tech behemoth is widely expected to unveil new products. There is also central bank commentary expected domestically and abroad this week. Today, the...
-
Deutsche Bank Sees Knock-on Effect From Florence For Transportation Stocks
Wednesday, September 12, 2018 - 10:03am | 511Hurricane Florence is providing a catalyst to transportation stocks as investors bet on the storm causing a near-term spike in demand across the U.S. Southeast. To be sure, the storm has yet to make landfall and its actual impact remains unknown. Moreover, non-profit groups such as the American...
-
Trading Hurricane Florence: Investors Make Storm Stock Picks
Tuesday, September 11, 2018 - 3:02pm | 776The Atlantic hurricane season is peaking and the imminent storm threat is from Hurricane Florence, which is fast approaching the Carolinas. The National Hurricane Center has designated it as a Category 4 hurricane and expects the storm to strengthen over the next day or so before...
-
Florence And The FEMA Machine Could Surge Freight Spot Rates To New Highs
Monday, September 10, 2018 - 12:08pm | 1250Over the past two months, the trucking market has been relatively stable. Volatility has died down and the runaway spot market has cooled. This does not freight volumes have contracted, nor does it mean that contract pricing has stopped appreciating. It just means that participants have caught...