With traders seemingly reluctant to make any significant moves, stocks continue to show a lack of direction in mid-day trading on Tuesday. The lackluster performance comes after the Dow ended the previous session at a record closing high.
If it sounds too good to be true, it probably is and it surely is if it is a huge TV for $99.
A group of North Texas women became very upset after Walmart canceled their Black Friday deal for Samsung TVs that had been discounted to just $99.
These woman after finding a huge discount on Walmart.com...
McDonald's is planning to reintroduce its McCafe in 2017 to compete in a better way with its rival brands. The world's largest restaurant chain has been experiencing severe competition from Starbucks and Dunkin's Donuts.
McDonald's has launched the more soothing fast food brand McCafe in 2008 and started serving a line of specially brewed coffee and espresso based beverages.
McDonald's (MCD) is looking to raise between $1 billion to $2 billion with the sale of its China and Hong Kong restaurants. However, the struggling fast-food giant plans to keep a "significant minority stake in the business," according to a source cited by Reuters on Tuesday.
The fast-food giant...
Stocks are turning in a lackluster performance in morning trading on Tuesday after moving mostly higher over the course of the previous session. The major averages have been bouncing back and forth across the unchanged line.
Apple Inc.'s (AAPL) CEO Tim Cook is actually pleased with "off the charts" sales growth of Apple Watch.
Cook told Reuters that sales of the Apple Watch to consumers set a record during the first week of holiday shopping, while the current quarter sales is on track to be the best ever for the device.
New orders for U.S. manufactured goods saw a significant increase in the month of October, the Commerce Department revealed in a report on Tuesday. The Commerce Department said factory orders surged up by 2.7 percent in October after climbing by 0.6 percent in September. The jump in factory orders matched economist estimates.
Seattle police caught an alleged car thief by remotely locking him inside the stolen BMW 550i with the help of the automaker. The Seattle Police Department said in its blog that the incident took place in Seattle in November.
United Airlines' new ticket option called 'Basic Economy,' which would require travelers to pay extra fees for using overhead bins, has been termed by New York Senator Charles Schumer as "one of the most restrictive policies on airline passengers seen in a long time." Schumer said that United Airlines should scrap its plan.
Following the strength seen in the previous session, stocks may see some further upside in early trading on Tuesday. The major index futures are currently pointing to a modestly higher open for the markets, with the Dow futures up by 20 points.
The U.S. trade deficit widened roughly in line with estimates in the month of October, according to a report released by the Commerce Department on Tuesday.
AutoZone, Inc., an automotive replacement parts retailer, reported Tuesday higher profit in its first quarter with increased net sales and domestic store sales. Earnings per share topped analysts' estimates, while top line missed the view. In the pre-market activity on the NYSE, AutoZone shares were gaining 1.10 percent.
Trading in the U.S. index futures suggests that Wall Street stocks may open higher on Tuesday. The market is keen to track the Commerce Departments' International trade data for October, the Labor Department's Non- farm productivity and unit labor costs data as well as the Redbook data. Asian stocks closed mostly higher, while European shares are trading up.
As of 6:15 am ET, the Dow futures are
The Justice Department, in the antitrust trial against the proposed Aetna- Humana Merger, argued that the merger would harm senior citizens who buy private Medicare plans. The U.S. Department of Justice stated that the merger would also harm consumers who buy plans on Affordable Care Act marketplaces, reports said. However, healthcare insurers Aetna And Humana defended their proposed merger..
Germany's factory orders grew at the fastest pace in more than two years in October, suggesting robust economic activity at the end of this year. Factory orders grew 4.9 percent month-on-month in October, reversing a revised 0.3 percent drop in September, figures from Destatis showed Tuesday.