Stock Market Today


 

A Washington police officer will face no charges for fatally shooting an unarmed black motorcyclist who rammed his cruiser after a high-speed chase, U.S. prosecutors said on Wednesday.

charges face fatally motorcyclist Officer police rammed shooting unarmed WASHINGTON

 

New York State’s three new commercial casinos are turning out much weaker gambling revenues than projected, with gross receipts at one gaming hall off about 40 percent.

casinos commercial gambling gross projected receipts revenues turning weaker York

 

 

If an autopsy confirms that Myles Hill perished from being left in the vehicle, his will be the 32nd such death for U.S. children in 2017 and the fifth in Florida, Orlando police have said.

autopsy children confirms death Florida Hill left Myles perished vehicle

 

Whistleblowers have alleged fraud at Catalyst Capital, The Wall Street Journal reported Wednesday, citing documents it reviewed and people familiar with the matter. The regulator is beginning to look into the allegations and interviewing people familiar with Catalyst, the newspaper reported.

allegations catalyst familiar Journal matter regulator report reported Street Wall

 

Aaron Brown recently wrote a careful analysis of some popular charts that lacked the needed context.

Here is a list of past winners, which I am calling the “Silver Bullet Band.” No one will be surprised to learn that Barry Ritholtz and Josh Brown lead the multiple winners, but there are others.

analysis award charts crash periods popular post recognition Silver Bullet winners

 

Facebook just announced a YouTube competitor called Watch [0.18]

Posted on Aug. 10, 2017, 1:39 a.m. by Finance @ [source]

Facebook had been rumored to be getting into TV-like shows for months now, but Watch looks more like YouTube. But Facebook did not disclose specific dates.

content Facebook giving report rumored TechCrunch TV users video watch

 

The company announced an upside surprise to sales and operating profits Wednesday; the ADRs closed up 8.3% Wednesday on that news and an enhanced forecast. Thus, even when I sold some in the $30s, the stock was not dirt-cheap, merely reasonable; and the company was potentially looking at no growth for some time to come, with the usual pipeline downside risks.

diabetes drug growth NVO product sale sema USD Victoza year

 

Today's Picks: August 10, 2017 [-0.01]

Posted on Aug. 10, 2017, 12:30 a.m. by Markets @ [source]

Stop long positions at 9,850. Stop short positions at 9,975.

Add big continue correction double moves position Rs stop till

 

The BLS report on preliminary Productivity and Costs, Second Quarter 2017 shows nonfarm business productivity increased 0.9 percent during the second quarter of 2017. Rather, the BLS uses Owners Equivalent Rent (OER) as a substitute for home prices.

data home hours hours worked inflation measurement productivity quarter report Understated

 

Frontier Communications (NASDAQ:FTR) is attractive at current price levels as most of the negatives have been priced in and the downside is limited. Frontier certainly has had a lot of issues.

attractive current debt EBITDA flow Frontier FULL market notes stock

 

DPM meets Tillerson [0.00]

Posted on Aug. 10, 2017, 12:23 a.m. by Distressed Volatility @ [source]

After meeting the Prime Minister the night before, US Secretary of State Rex Tillerson ended his Asia tour by calling on the Deputy Prime Minister in Kuala Lumpur on Wednesday.

Asia ended meeting minister night Prime Rex Secretary Tillerson Tour

 

Earlier, the Nikkei index in Japan closed down 1.29 percent, while the Kospi index in South Korea ended down 1.10 percent.

To Mr. Koesterich’s point, some of the best-performing investments in the world this year have been exchange-traded vehicles that investors can use to bet against the VIX, the Chicago Board Options Exchange Volatility Index, better known as Wall Street’s fear gauge.

European Gold index investment investors Korea lower market Mr stock

 

Gold prices and shares of mining companies jumped on Wednesday amid heightened turmoil surrounding the U.S. and North Korea.

Gold prices closed up around 1.48% at $1,281.30 per ounce on Wednesday.

ETF Gold mining North ounce President shares stock Trump Wednesday

 

The cars will be "level 4" vehicles, which means they will be able to handle most driving situations themselves.

These new cars will include technology from the Israeli tech company Mobileye MBLY , which is the world's largest supplier of systems used in automotive collision detection systems.

acquisition cars completed driving Intel Mobileye shares Systems tech vehicle

 

Shares of Teva Pharmaceuticals TEVA , a favorite for investors chasing large dividend yields, fell more than 4.4%-and hit a 10-year intraday low-on Wednesday. Just says after the company reported sluggish Q2 earnings, investors are continuing to ditch the stock amid reports that Teva is desperately trying to sell off assets.

asset cut debt dividend investors report sale stock Teva year

 

Joining companies like Alphabet GOOGL , Facebook FB and Workday, Microsoft MSFT has announced that it will switch to GAAP reporting, warning that this will materially change its financial results as licensing revenues will then be recognized upfront. GAAP-only reporting will become compulsory by January 2018, so results of public companies are uniform and therefore, easier to understand.

Amazon Apple China customers home investment market Microsoft Revenue sold