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Global stocks inspired by US rally, hopes for Chinese growth
Meric Greenbaum
| January 17th | 2020  7:53AM
Global stocks inspired by US rally, hopes for Chinese growth
Global stocks rose Friday, seemingly buoyed by high spirits on Wall Street, as new data suggested China's economic slowdown may have stabilized and Washington and Beijing signed a trade deal. European indexes were broadly higher, while markets in Shanghai, Tokyo and Hong Kong closed with gains, after the U.S.'s S&P 500 hit a new high the day before.
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Ghosn lawyers rebut new Nissan claims against fugitive exec
Ghosn lawyers rebut new Nissan claims against fugitive exec
| January 17th | 2020  7:16AM
Ghosn lawyers rebut new Nissan claims against fugitive exec
TOKYO (AP) — The legal team of Nissan's former chairman Carlos Ghosn issued a statement Friday refuting the latest allegations by the Japanese automaker against the fugitive businessman. Nissan Motor Co. on Thursday filed a new set of allegations to the Tokyo Stock Exchange against Ghosn, who skipped bail and fled to Lebanon, saying he could not get a fair trial in Japan.
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Chinese president heads to Myanmar for crucial state visit
Chinese president heads to Myanmar for crucial state visit
| January 17th | 2020  6:44AM
Chinese president heads to Myanmar for crucial state visit
NAYPYITAW, Myanmar (AP) — China's President Xi Jinping was given a lavish welcome to Myanmar as he arrived Friday for a state visit meant to deepen bilateral relations at a critical time. The visit nominally marks the 70th anniversary of the establishment of diplomatic relations between China and Myanmar, but also carries the promise…
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Sales of flowers, pork push Dutch farm exports to new record
Sales of flowers, pork push Dutch farm exports to new record
| January 17th | 2020  5:23AM
Sales of flowers, pork push Dutch farm exports to new record
THE HAGUE, Netherlands (AP) — Dutch agriculture exports rose 4.6% in 2019 from the previous year to a new record of 94.5 billion euros ($105.2 billion), the country's statistics office and a research organization said Friday. In this country famous for its colorful fields of tulips, horticultural products such as fresh flowers, bulbs and plants were the highest-value agricultural sector, amounting to 9.5 billion euros.
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Fiat Chrysler in talks with Foxconn to develop electric cars
Fiat Chrysler in talks with Foxconn to develop electric cars
| January 17th | 2020  4:54AM
Fiat Chrysler in talks with Foxconn to develop electric cars
MILAN (AP) — Fiat Chrysler is in talks with the Chinese company Foxconn to develop and manufacture battery-powered vehicles, the U.S.-Italian automaker said Friday. Fiat Chrysler is in the process of merging with France's PSA Peugeot, which is 12% owned by Chinese company Dongfeng Motor Co. Both Fiat Chrysler and Peugeot have lagged in…
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Global stocks follow Wall Street higher after US-China deal
Stock indices and averages news icon
| January 17th | 2020  4:04AM
Global stocks follow Wall Street higher after US-China deal
Global stock markets followed Wall Street higher on Friday after China reported 6.1% economic growth in 2019 and Washington and Beijing signed an interim trade agreement. London and Frankfurt opened higher, while Shanghai, Tokyo and Hong Kong advanced after the U.S. benchmark S&P 500 index hit a new high and Google parent Alphabet…
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Asian stocks follow Wall Street higher after US-China deal
Leading economic indicators news icon
| January 17th | 2020  1:43AM
Asian stocks follow Wall Street higher after US-China deal
Asian stock markets followed Wall Street higher on Friday after China reported 6.1% economic growth in 2019 and Washington and Beijing signed an interim trade agreement. Benchmarks in Shanghai, Tokyo, Seoul and Sydney advanced after the U.S. benchmark S&P 500 index hit a new high and Google parent Alphabet passed $1 trillion in market…
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Ex-US rep's fate rests with judge in insider trading case
Christopher Collins
| January 17th | 2020  1:12AM
Ex-US rep's fate rests with judge in insider trading case
NEW YORK (AP) — A judge must decide the fate of former U.S. Rep. Christopher Collins after his lawyers and prosecutors disagreed over how he should be punished for conspiring in an insider trading scheme. U.S. District Judge Vernon Broderick in Manhattan will sentence the 69-year-old Republican on Friday afternoon. Collins' lawyers said he is sorry and should face no prison time.
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China's 2019 economic growth weakens amid trade war
China's 2019 economic growth weakens amid trade war
| January 16th | 2020  10:35PM
China's 2019 economic growth weakens amid trade war
BEIJING (AP) — China’s economic growth sank to a new multi-decade low in 2019 as Beijing fought a tariff war with Washington, but forecasters said a U.S.-Chinese trade truce might help to revive consumer and business activity. The world’s second-largest economy grew by 6.1%, down from 2018’s 6.6%, already the lowest since 1990, government data showed Friday.
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China's 2019 economic growth weakens to 6.1% amid trade war
Government policy news icon
| January 16th | 2020  9:23PM
China's 2019 economic growth weakens to 6.1% amid trade war
BEIJING (AP) — China’s economic growth sank to a new multi-decade low in 2019 as Beijing fought a trade war with Washington and domestic consumer spending weakened, adding to headaches for the ruling Communist Party. The world’s second-largest economy grew by 6.1%, down from 2018’s 6.6%, already the lowest since 1990, government data showed Friday.
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China's 2019 economic growth weakens to 6.1%, a new multi-decade low, amid trade war with Washington
Economy news icon
| January 16th | 2020  9:04PM
China's 2019 economic growth weakens to 6.1%, a new multi-decade low, amid trade war with Washington
BEIJING (AP) — China's 2019 economic growth weakens to 6.1%, a new multi-decade low, amid trade war with Washington.
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Trump to nominate Shelton, Waller to Federal Reserve
Trump to nominate Shelton, Waller to Federal Reserve
| January 16th | 2020  8:38PM
Trump to nominate Shelton, Waller to Federal Reserve
WASHINGTON (AP) — President Donald Trump said Thursday that he intends to nominate two people to serve on the Federal Reserve's Board of Governors, an institution he has repeatedly attacked for not cutting rates deeply enough. Both were first named by Trump on Twitter in July but their nominations hadn't been formally announced. Trump…
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Judge threatens to force PG&E to hire more tree trimmers
Judge threatens to force PG&E to hire more tree trimmers
| January 16th | 2020  8:20PM
Judge threatens to force PG&E to hire more tree trimmers
SAN FRANCISCO (AP) — A federal judge on Thursday threatened to force Pacific Gas & Electric to hire more tree trimmers to reduce the chances of its electrical grid igniting fires in Northern California and adhere to a requirement imposed after the utility's natural gas lines blew up a neighborhood a decade ago. U.S. District Judge…
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NBC hopes 'free' makes Peacock stand out in streaming era
NBC hopes 'free' makes Peacock stand out in streaming era
| January 16th | 2020  8:02PM
NBC hopes 'free' makes Peacock stand out in streaming era
NEW YORK (AP) — NBCUniversal is launching a new streaming service that will have a large part available for free, an approach it hopes will resonate with people who aren't interested in traditional TV. The service, Peacock, will debut April 15 for customers of Comcast, NBCUniversal's parent company. Everyone else will get it July 15,…
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Bank of America Stutters (NYSE: BAC)
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| January 16th | 2020  1:00AM
Bank of America Stutters (NYSE: BAC)
Shares of Bank of America (NYSE: BAC) appeared to be taking a break yesterday from the decent rally higher they’ve been making in recent months. The company released their Q4 earnings before yesterday’s session and despite the headline numbers beating analyst expectations, shares gapped down on the open and traded off Tuesday’s close…
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Does PPGs Guidance Mean Hard Times For Home Builders?
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| January 16th | 2020  1:00AM
Does PPGs Guidance Mean Hard Times For Home Builders?
PPG Industries Is More Than Just House Paint PPG Industries (PPG) is an iconic maker of paint and home construction adhesives. With brands like Glidden, PPG Paints, and Liquid Nails in the portfolio it is easy to associate the company with home improvement and homebuilding. Some investors may even use it as an indicator of the homebuilding industry but that would be a mistake. PPG Industries is so much more than house paint.
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What's Up Apple's (AAPL) Sleeve With Xnor.ai Purchase?
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| January 16th | 2020  1:00AM
What's Up Apple's (AAPL) Sleeve With Xnor.ai Purchase?
Back during the early 2010s, it was a common pastime—and frequent article topic—for tech bloggers to consider Apple (NASDAQ: AAPL) patents to look for possible future directions in which the company was considering proceeding. Not all patents made it to finished states, of course; that's just the nature of the patent beast. Sometimes, though, some exciting new directions could be derived from the patent study.
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Why Morgan Stanley’s Earnings Report Matters
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| January 16th | 2020  1:00AM
Why Morgan Stanley’s Earnings Report Matters
On January 16, Morgan Stanley (NYSE:MS) was the last of the “big banks” to report fourth-quarter earnings. In some ways, investors could say Wall Street saved the best for last. Morgan Stanley reported an impressive beat on both revenue and earnings. In terms of revenue, the company posted $10.9 billion which beat analysts’ expectations for $9.8 billion.
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Use Multi-Time Frames as a Doppler Radar for Stock Price Trajectories
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| January 16th | 2020  1:00AM
Use Multi-Time Frames as a Doppler Radar for Stock Price Trajectories
Trying to forecast stock price targets is a perpetual work in progress. Whether using quantitative valuation models, fundamental research or technical analysis, the goal is always to try to answer a simple question, “Where is the stock price going?” Utilizing multiple time frame charts can help improve the accuracy of forecasting price trajectories when specific patterns develop.
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Analyst Ratings

CompanyBrokerageAction
Apple Inc. logo
AAPL
Apple Inc.
NomuraBoost Price Target
$225.00 ➝ $280.00
CSX Co. logo
CSX
CSX Co.
Royal Bank of CanadaBoost Price Target
$74.00
First Republic Bank logo
FRC
First Republic Bank
Maxim GroupBoost Price Target
$130.00
Home Bancshares Inc logo
HOMB
Home Bancshares Inc
Royal Bank of CanadaBoost Price Target
$22.00
Gap Inc logo
GPS
Gap Inc
Royal Bank of CanadaBoost Price Target
$17.00
LYFT Inc logo
LYFT
LYFT Inc
UBS GroupLower Price Target
$78.00 ➝ $64.00
PNC Financial Services Group Inc logo
PNC
PNC Financial Services Group Inc
UBS GroupLower Price Target
$157.00 ➝ $154.00
Alexion Pharmaceuticals, Inc. logo
ALXN
Alexion Pharmaceuticals, Inc.
Morgan StanleyBoost Price Target
$128.00 ➝ $131.00
Amgen, Inc. logo
AMGN
Amgen, Inc.
Morgan StanleyLower Price Target
$280.00 ➝ $277.00
Spotify logo
SPOT
Spotify
UBS GroupLower Price Target
$185.00 ➝ $180.00
argenx SE - logo
ARGX
argenx SE -
Morgan StanleyBoost Price Target
$170.00 ➝ $180.00
U.S. Bancorp logo
USB
U.S. Bancorp
UBS GroupLower Price Target
$60.00 ➝ $57.00
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