Finance

Check out the companies making headlines after the bell: Shares of Facebook surged 7 percent after hours. The social networking service’s earnings and revenues both surpassed expectations. Daily and monthly active users bounced back. Average revenue per user also increased this quarter, surprising investors. AT&T stock dropped more than 4 percent post-market. The telecommunications company
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U.S. President Donald Trump‘s nominee for Wall Street regulator Comptroller of the Currency bought financial stocks until he took office in November, according to financial disclosure documents filed with the Office of Government Ethics. While not illegal, the trading activity by Joseph Otting’s money manager could violate the spirit of ethics rules designed to prevent
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Bitcoin rose to its highest level in more than a month as the broader U.S. financial markets sold off Tuesday. The digital currency was trading near $9,436 as of 4:21 p.m. ET, and has jumped nearly 20 percent in the past week, according to data from Coindesk. Bitcoin is coming off of its worst quarter
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Check out the companies making headlines after the bell on Monday: Cadence Design Systems stock surged more than 11 percent in after-hours trading. The software and engineering services company reported first quarter financial results that beat analyst expectations. Cadence reported EPS of $0.40 on revenue of $517 million versus the $0.37 on $505 million analysts
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These tensions have weighed on financial markets recently as investors fear a trade war between the two largest world economies may be around the corner. “Right now, the discussions over trade are really ones that may be impacting individual businesses,” Brainard said. However, Brainard also said the U.S. economy appears capable of handling tighter monetary
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Brazil and Mexico have caught the eye of U.S. executives as investment destinations after a sharp economic turnaround in Latin America. U.S. executives expect their companies to make deals in both Brazil and Mexico over the next 12 months, according to a survey conducted by EY. “As we approach full employment in the U.S., companies
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Check out the companies making headlines after the bell: Skechers stock plummeted more than 23 percent in the extended session. The footwear company reported earnings and revenues that surpassed Wall Street expectations. Global same-store sales were also up 9.5 percent. Despite the strong earnings, weak second-quarter guidance sent shares falling. E*Trade shares fell more than
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The “Fast Money” traders shared their first moves for the market open. Pete Najarian was a buyer of Devon Energy. Tim Seymour was a buyer of GW Pharmaceuticals. Dan Nathan was a seller of the VanEck Vectors Semiconductor ETF. Guy Adami was a buyer of Freeport-McMoRan. Trader disclosure: On April 18, 2018, the following stocks
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