Author: admin

WASHINGTON (MarketWatch) — Small business sentiment rose in July after two months of declines, a trade group said Tuesday. The National Federation of Independent Business said its small-business optimism index rose 1.3 points to 95.4. Expectations for business conditions and real sales gains accounted for half the net gain in the components.

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.

…read more

From:: Stock Market News

Laying a beautiful brick patio with This Old House landscape contractor Roger Cook …read more

From:: DIY this old house

Not every plant is resilient enough for a streetside garden. Here are some bulletproof varieties that don’t skimp on color …read more

From:: DIY this old house

Greece and its international creditors have reached an agreement on the measures needed to secure a third bailout for the country, a Greek government official said Tuesday. “Deal completed. Some details left,” Theodoros Mihopolous, a spokesman for the Greek government, said in a post to Twitter. Athens has confirmed an agreement has been struck, media outlets reported. Greece and its four lenders — the European Commission, the International Monetary Fund, the European Central Bank and officials from the eurozone bailout fund — have been holding long negotiations since Saturday on the economic reforms needed for Athens to secure a third bailout program worth up to 86 billion euros ($94 billion). Greece is under pressure to arrange more funding before Aug. 20, when €3.2 billion of Greek government bonds owned by the ECB fall due.

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.

…read more

From:: Stock Market News

Google Inc. announced late Monday that it will create a new organizational structure, with an umbrella company dubbed Alphabet Inc. that co-founder and Chief Executive Larry Page will lead. Sundar Pichai, who was in charge of two of Google’s most important products, Android and Chrome, will take over the CEO role at Google. “Alphabet Inc. will replace Google Inc. as the publicly-traded entity and all shares of Google will automatically convert into the same number of shares of Alphabet, with all of the same rights,” Page said in Monday’s announcement. Google shares gained 4% in late trading after closing with a 0.2% loss at $663.14.

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.

…read more

From:: Stock Market News

WASHINGTON (MarketWatch) — Shares of payday lender World Acceptance Corp. plunged 22% in after-hours trade as the company disclosed the staff of the Consumer Financial Protection Bureau is considering recommending that the agency take legal action against it. The company had previously disclosed the CFPB was looking at whether it had violated the Truth in Lending Act and similar allegations. World Acceptance said it will file a letter arguing why it has not broken the law.

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.

…read more

From:: Stock Market News

Longtime stock-market bull Jeremy Siegel on Monday warned that equities could be in for a correction amid a possible rate hike by the Federal Reserve next month. “The next six or seven weeks are going to be very rough,” the well-known Wharton School finance professor told CNBC Monday afternoon. Jitters over a likely September rate hike combined with weaker corporate earnings due to falling oil prices, a strong dollar and seasonal weakness in late August and September will make it difficult for stocks to work “much higher” over the next six or seven weeks, he said. Once a rate hike is out of the way “and world doesn’t end,” a “nice rally” could follow in the fourth quarter, he said. Siegel said he’s sticking with his call for the Dow Jones Industrial Average to hit 20,000, but said that target would be difficult, though not impossible, to hit by the end of the year.

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.

…read more

From:: Stock Market News

Take Two Interactive Software Inc. quarterly earnings and sales came in far below analysts’ expectations in a Monday report, and shares declined in immediate after-hours trading. The video game publisher reported net loss of $67 million, or 81 cents a share, on sales of $275.3 million. After adjustments, Take-Two claimed profit of 31 cents a share. Analysts expected Take-Two to report adjusted profit of 36 cents a share on sales of $351 million. Take-Two stock fell as much as 6% after the report hit, following a loss of 1.7% to $30.94 in the regular session.

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.

…read more

From:: Stock Market News

The merger of Kraft and Heinz is shaking out with smaller sales than expected, the first earnings report from the combined companies showed Monday. Kraft Heinz Co. [s:khc] reported profit of $551 million, or 92 cents a share, on revenue of $4.5 billion. Analysts expected profit of 83 cents a share on sales of $4.7 billion, according to a FactSet survey. “The company is focused on the difficult and challenging process of integrating our two businesses,” CEO Bernardo Hees said in Monday’s announcement. Kraft Heinz shares ducked down more than 2.5% in late trading after closing with a 0.5% gain at $78.81.

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.

…read more

From:: Stock Market News

Shake Shack Inc.’s stock slumped 3.1% in afternoon trade Monday, ahead of the burger chain’s fiscal second-quarter results after the close. Volume was 1.1 million shares, nearly double the full-day average, according to FactSet. Leading up to the results, the stock had soared 47% since it closed at 3 1/2-month low of $48.73 on July 15, through Friday. Perhaps the reason investors are expressing some anxiety ahead of Shake Shack’s quarterly, which will be the third since the company went public on Jan. 30, is the stock’s reaction after fiscal first-quarter results were reported after the May 13 close. The stock initial surged as much as 14% in intraday trade on May 14, as the company beat earnings, total sales and same-store sales expectations, but the stock pulled a sudden and sharp intraday U-turn to close down 4.2% that day. Shake Shack is expected to report earnings per share of 3 cents and sales of $42.8 million.

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.

…read more

From:: Stock Market News