|
| U.S. stock futures were lower in early trading, after the first three-day winning streaks for the Dow and S&P 500 in nearly two months. The Dow stands above 18,000 again; the S&P is within 1 percent of its all-time high. (CNBC) |
| As the U.S. job market improves, the risk is receding that an unexpected setback could derail the recovery once the Federal Reserve raises interest rates, San Francisco Fed President John Williams told Reuters. |
|
| The Apple Watch generated nearly 1 million pre-orders in the U.S. Friday, according to early estimates. But some buyers won't get their devices until weeks after the April 24 launch date. (CNBC) |
|
| In a labor-intensive step to keep subscribers, Sprint (S) plans to startdelivering new smartphones to the homes or any other location chosen bycustomers eligible for upgrades. (WSJ-subscription) |
|
| Showers and clouds could pose a challenge this afternoon during an attempt by Elon Musk's SpaceX to launch its next International Space Station resupply mission from Cape Canaveral Air Force Station. (USA Today) |
|
| The office of New York's attorney general is investigating 13 large retailersover whether increasingly unpredictable and on-call work schedules violate state labor laws. (NY Times) |
|
| Sen. Marco Rubio, the son of Cuban immigrants, is set to formally launch his GOP campaign for president this evening in Miami. On Friday, he's off to the early primary state of New Hampshire. (Washington Post) |
|
| Hillary Clinton is hitting the road, after officially launching this weekend her Democratic presidential campaign. She left Chappaqua, New York in a vanheaded for Iowa, site of the nation's first caucuses. (AP) |
|
Jordan Spieth captured his first major golf tournament victory Sunday, with awire-to-wire win at the 79th Masters. He shot 18-under par, equalling a record set by Tiger Woods in 1997. (NBC Sports)
 | BY THE NUMBERS |
 | |
|
| In the U.S., regular gasoline fell 4 cents in the past two weeks at the pumps to $2.50 a gallon, according to the latest Lundberg survey. Prices bottomed out on January 23, and had been rising with a recent bump in crude. |
|
| The current wave of corporate takeovers and mergers is set to grow, with the appetite for deals among executives hitting a five-year high thanks to a strong dollar and low oil prices, a new global survey found. |
|
|
| STOCKS TO WATCH |
| |
|
| Sears (SHLD) has struck a 50/50 joint venture with Simon Property Group(SPG)-designed to unlock the real estate value in the 10 properties the retailer will contribute. This follows a similar deal with another mall operator,General Growth Properties (GGP), earlier this month. |
| UPS (UPS) plans to invest a little over $1 billion to expand its European package delivery network, according to a German magazine. |
|
| Symantec (SYMC) is exploring a sale of its Veritas software business, according to Dow Jones. It could fetch more than $8 billion. |
|
| Qualcomm (QCOM) will be urged to seek a breakup by activist investor Jana Partners, according to the Wall Street Journal. Jana will deliver a letter to Jana investors today detailing its proposals for the chip maker, which it considers undervalued. |
|
Yahoo (YHOO) senior vice president Mike Kerns has departed, with Re/code reporting that Kerns had become weary of infighting with other executiv
Seeking Alpha
Today's Markets:
In Asia, Japan flat at 19905. Hong Kong +2.7% to 28016. China +2.2% to 4121. India +0.6% to 29044.
In Europe, at midday, London -0.5%. Paris flat. Frankfurt flat.
Futures at 6:20: Dow -0.1%. S&P -0.1%. Nasdaq -0.1%. Crude +1.5% to $52.40. Gold -0.5% to $1198.70.
Ten-year Treasury Yield -1 bps to 1.95%
Notable earnings before today's open: CBSH
|
|
|
|
No comments:
Post a Comment