In this how-to video, Tom Silva shows how to set cabinets like a pro …read more
From:: DIY this old house
How to Install Kitchen Cabinets
Pro Advice on 6 Top Home Investment Projects
From installing a deck to replacing windows, TOH editors answer all your questions in these downloadable lessons …read more
From:: DIY this old house
Vibrant Blooming Plants for a Late Summer Garden
By August, most perennial gardens are fading away. But with a little planning, you can tailor your plantings for a strong end-of-summer show …read more
From:: DIY this old house
Dollar hits nearly six-week low against yen on fresh China worries
The dollar tumbled Friday, hitting nearly a six-week low against the Japanese yen after weaker-than-expected China manufacturing data. The dollar slid to ¥122.98 versus ¥123.44 seen in late North American trade on Thursday. The euro rose to $1.1275 against the dollar, compared with $1.1215 on Thursday, which was a one-week high. The ICE U.S. dollar index , a measure of the dollar’s strength against a basket of six currencies, fell 0.6% to 95.428. The index is down 1.2% this week so far. Earlier on Friday, The preliminary Caixin China Manufacturing Purchasing Managers’ Index, a gauge of nationwide manufacturing activity, dropped to a 77-month low of 47.1 in August, compared with a final reading of 47.8 in July. The news triggered losses across Asia stocks as well as pressuring U.S. stock futures, as global markets are already concerned about a slowdown in China, one of the world’s biggest economies.
Market Pulse Stories are Rapid-fire, short news bursts on stocks and markets as they move. Visit MarketWatch.com for more information on this news.
From:: Stock Market News
Fed Fischer to speak at Jackson Hole on Aug. 29
WASHINGTON (MarketWatch) – Federal Reserve Vice Chairman Stanley Fischer will speak about U.S. inflation developments at the U.S. central bank’s policy retreat in Jackson Hole on Saturday, Aug. 29, the central bank announced Thursday. In an interview with Bloomberg Television early this month, Fischer said low inflation was a concern for the U.S. central bank. His remarks were seen as surprisingly dovish, leading some analysts to speculate that a September rate hike was unlikely.
Market Pulse Stories are Rapid-fire, short news bursts on stocks and markets as they move. Visit MarketWatch.com for more information on this news.
From:: Stock Market News
Netflix loses $4 billion in market value as the stock enters correction territory
Netflix Inc. lost $4.08 billion worth of market value Thursday, as the streaming video company’s stock tumbled 7.8% amid broad declines in the media sector. The stock has now lost 11% since the Aug. 6 record close of $126.45, marking the second correction–a decline of at least 10% to up to 20% from a significant high, since the stock came out of its late-2014 bear market in mid January. The previous correction took the stock down 14% from Feb. 26 through April 1.
Market Pulse Stories are Rapid-fire, short news bursts on stocks and markets as they move. Visit MarketWatch.com for more information on this news.
From:: Stock Market News
Intuit shares slide on revenue miss, outlook, divestitures
Intuit Inc. shares slipped in the extended session Thursday after the accounting software company missed on revenue for the quarter, provided a weak outlook, and announced product divestitures. Intuit shares fell 6.2% to $96.60. The company reported an adjusted fiscal fourth-quarter loss of 5 cents a share on revenue of $696 million. Analysts surveyed by FactSet estimated a loss of 11 cents a share on revenue of $735.9 million. Intuit said it plans to divest Demandforce, QuickBase and Quicken, resulting in a reduction of $250 million in revenue and about 10 cents a share in earnings for fiscal 2016. For the year, Intuit expects adjusted earnings of $3.40 to $3.45 a share on revenue of $4.53 billion to $4.6 billion. Analysts estimate $3.82 a share on revenue of $5.04 billion. Intuit said it hiked its quarterly dividend by 20% to 30 cents a share.
Market Pulse Stories are Rapid-fire, short news bursts on stocks and markets as they move. Visit MarketWatch.com for more information on this news.
From:: Stock Market News
Salesforce.com slightly beats expectations, raises its forecast
Salesforce.com Inc. eked out an earnings beat Thursday and raised its revenue forecast for the year, pushing the cloud-software company’s stock higher in late trading. The San Francisco firm reported a loss of $852,000, less than a penny a share, on sales of $1.63 billion; after adjustments for stock-based compensation and other factors, Salesforce said profit was 19 cents a share. Analysts expected Salesforce to report a loss of a penny a share on sales of $1.6 billion, with adjusted earnings of 18 cents a share. The company also pushed the top of its guidance range for revenues in the full fiscal year from $6.55 billion to $6.63 billion. Salesforce shares gained more than 2% in immediate late trading after closing with a 5.9% decline in a rough day for Wall Street.
Market Pulse Stories are Rapid-fire, short news bursts on stocks and markets as they move. Visit MarketWatch.com for more information on this news.
From:: Stock Market News
U.S. stocks post biggest drop of 2015
U.S. stocks saw a broad-based rout Thursday, led by a selloff in consumer discretionary, technology and energy stocks as investors wrestled with worries about a slowdown in global growth. The main indexes posted their biggest declines this year. The S&P 500 lost 43.88 points, or 2.1%, to 2,035.73, falling below a 200-day moving average, a key technical level. The benchmark index also turned negative for the year, ending 1.1% below its close at the end of 2014. The Dow Jones Industrial Average dropped 358.04 points, or 2.1%, to 16,990.69, its steepest percentage decline since Feb 3, 2014. The Nasdaq Composite ended the day down 141.56 points, or 2.8%, to 4,877.49, its steepest one-day decline since April 10, 2014.
Market Pulse Stories are Rapid-fire, short news bursts on stocks and markets as they move. Visit MarketWatch.com for more information on this news.
From:: Stock Market News
Apple’s stock suffers deepest correction in two years
Apple Inc.’s stock slid 2.1% on Thursday to close at the lowest price since Jan. 27. Volume of 67.5 million shares was nearly 20% above the full-day average, according to FactSet. The technology giant’s stock has lost 7.1% this month, and 15% since it closed at its Feb. 23 record of $133. The stock has now suffered the deepest price correction–a decline of at least 10% to up to 20% from a significant high–since the stock climbed out of its 2012-2013 bear market on Aug. 13, 2013.
Market Pulse Stories are Rapid-fire, short news bursts on stocks and markets as they move. Visit MarketWatch.com for more information on this news.
From:: Stock Market News