Early results from third-quarter earning season show that more executives are citing foreign exchange pressures than the tariff battle in which the U.S. has found itself with its trading partners, according to a FactSet examination. Read More at Here’s an early look at what
Gold prices are on the rise, after lagging through the middle part of the year, and some analysts expect the precious metal to continue moving higher into next year. Read More at After disappearing for two quarters, gold buyers are back Source: CNBC Follow
J.C. Penney has a store within a quarter mile of roughly 47 percent of Sears’ locations, Gordon Haskett analyst Chuck Grom said in a note to clients. The department store is among those that can benefit from Sears’ struggles. Read More at As Sears
Carl Icahn said he was looking at bonds of Sears, the classic American retailer which just filed for bankruptcy, but had yet to take a position. Read More at Icahn says he’s ‘taking a look’ at bonds of bankrupt Sears Source: CNBC Follow @marketcheetah
The notion of “some turnaround or some transformation” plan in place since then is “just plain bogus,” argues Mark Cohen. Read More at Sears was ‘toast’ ever since its 2005 Kmart merger, says former Sears Canada CEO Source: CNBC Follow @marketcheetah
The announcement comes just hours before Health and Human Services Secretary Alex Azar is expected to introduce a proposal that would require drugmakers to include the list price in their direct-to-consumer advertisements. Read More at Drugmakers will soon talk about price in ads —
Expect to receive an online or paper notice from the Social Security Administration in December detailing how your 2019 checks will change. Read More at Here’s how to find out what your Social Security check will be in 2019 Source: CNBC Follow @marketcheetah
Warren, who has said that she would “take a hard look” at a 2020 run after the midterms, is building a national political operation and has increasingly gone on the offensive against Trump and Republicans up and down the ballot in recent months. Read
Evercore ISI upgrades shares of McDonald’s to outperform from in line. Read More at McDonald’s rises after Evercore upgrades the stock, saying it’s a good way to ride out a trade war Source: CNBC Follow @marketcheetah
The 73-year-old bottle of French Burgundy sold at a Sotheby’s auction for more than 17 times its original estimate of $32,000. Read More at Bottle of wine sells for a record 8,000 Source: CNBC Follow @marketcheetah