Caterpillar, Deere, Boeing — These global trade bellwethers rose at least 1.6 percent as Wall Street bet on the increased likelihood of a U.S.-China trade deal. Both sides expressed hopes the new round of negotiations, which began in Beijing on Monday, would bring them closer to a comprehensive...
Infrastructure names could be winners and pharmaceutical stocks losers in President Donald Trump’s State of the Union speech Tuesday night if he goes after two areas where Wall Street strategists expect there might be some bipartisan support. Trump may also tout defense spending, and he may...
Papa John’s — Shares of the embattled pizza maker rose nearly 9 percent after the company announced Starboard Value has taken a $200 million stake in the company. Starboard CEO Jeffrey Smith was also named the new Papa John’s chairman. Maxwell Technologies — Tesla announced it was acquiring...
Apple has made quite a comeback since it reported better-than-feared earnings, but many investors have little faith that the iPhone-maker can return to a $1 trillion market value with slowing smartphone demand. Morgan Stanley, however, disagrees. In fact, the bank said life beyond iPhone could...
Stocks had their best January gains in more than 30 years, and that should mean 2019 will be a pretty good year for the market. That’s what the widely watched January barometer tells you — so goes January, so goes the year. According to Stock Trader’s Almanac, going back to 1950, that metric of...
