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At Yahoo Finance, you get free stock quotes, up-to-date news, portfolio management resources, international market data, social interaction and mortgage rates that help you manage your financial life.



Published: Tue, 26 Sep 2017 14:11:24 -0400

Copyright: Copyright (c) 2017 Yahoo! Inc. All rights reserved
 


















Boeing opens program office for potential new mid-market jet

Mon, 25 Sep 2017 18:37:20 -0400

(image) Boeing Co has opened an office for a potential new mid-market jet and named a leader for the project, taking it a step closer to deciding whether to launch the new airplane, according to a staff memo seen by Reuters. The "New Mid-market Airplane" office will be run by Mark Jenks who currently heads the 787 Dreamliner program. "I am pleased to announce the creation of a new program office to move us one step closer to a decision on a New Mid-market Airplane (NMA) and also serve as a vehicle to evolve how we design and build airplanes," Boeing Commercial Airplanes Chief Executive Kevin McAllister said in the memo.





Ex-Quinn Emanuel Litigators Take on Their Old Firm and Win an Early Round

Tue, 26 Sep 2017 08:44:46 -0400

(image) In the latest flare-up of a fierce trade secrets fight pitting Quinn Emanuel Urquhart & Sullivan against a new boutique formed by firm alumni, a federal judge in Los Angeles handed an early victory to the upstarts at Pierce Sergenian.



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US disclosed path of B-1B bomber because North Korea didn...

Tue, 26 Sep 2017 08:09:00 -0400

(image) Pyongyang has been boosting defenses on its east coast after the United States dispatched bombers to the Korean peninsula over the weekend.



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Passive investing is changing the stock market in ways investors don’t realize

Mon, 25 Sep 2017 16:10:26 -0400

(image) The massive adoption of passive investing products, including exchange-traded funds, is changing the stock market in ways investors don’t realize, says Goldman Sachs.














Western Digital to seek injunction to block Toshiba's $18 billion chip unit sale

Tue, 26 Sep 2017 05:52:11 -0400

(image) Western Digital Corp (WDC.O) said on Tuesday it will seek an injunction to block the sale of Toshiba Corp's <6502.T> prized semiconductor business to a rival group, upping the ante in an acrimonious battle with its chip venture partner. The latest legal action by the U.S. firm, which jointly invests in Toshiba's main chip plant, comes in the wake of the Japanese conglomerate's decision last week to sell the semiconductor unit to a consortium led by Bain Capital LP. The $18 billion agreement with the Bain group is, however, still unsigned, with Toshiba telling its main banks this week that Apple Inc (AAPL.O), a member of the consortium and an important client, had yet to agree to key terms.



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GM Might Have This $30 Billion Business That Destroys Driverless Cars

Tue, 26 Sep 2017 10:52:00 -0400

(image) Deutsche Bank analyst Rod Lache says shares of General Motors could climb to $51 a share. That's despite GM stock hitting a new 52-week high last week.





Americans Are Saving More For Retirement. Are They Saving Too Much?

Mon, 25 Sep 2017 12:53:47 -0400

(image) If you're savings-rich but cash-poor, you've got a problem.





Permian ‘Super Basin’ Holds Up to $3.3 Trillion in Untapped Oil

Mon, 25 Sep 2017 10:10:07 -0400

(image) The Permian Basin of Texas and New Mexico holds 60 billion to 70 billion barrels of yet-to-be pumped crude oil, according to a study by IHS Markit Ltd.



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Obama personally warned Mark Zuckerberg after the electio...

Mon, 25 Sep 2017 08:09:00 -0400

(image) Former president Barack Obama and Facebook founder and CEO Mark Zuckerberg met on Nov. 19 in Peru and discussed the spread of fake news on the site, the Washington Post reported.



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Qatar Airways places $2.16B order for Boeing jets

Tue, 26 Sep 2017 07:11:00 -0400

(image) Qatar Airways on Tuesday announced an order for two Boeing 747-8 Freighters and four 777-300ERs, valued at $2.16 billion at list prices.



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Pentagon scenario of new Korean war estimates 20,000 deaths a day in South Korea: Retired US general

Mon, 25 Sep 2017 16:46:05 -0400

(image) A retired U.S. general said a Pentagon estimate showed a conventional war with North Korea could result in about 20,000 deaths per day in South Korea.



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T-Mobile Stock Could Surge 43% to $90 on Deal With Sprint

Tue, 26 Sep 2017 13:32:00 -0400

(image) There could be massive, multi-billion dollar synergies in a deal between T-Mobile and Sprint. If the proposed tie-up can clear regulatory approval, TMUS stock could be headed to $90, one analyst contends....








What retirees should do in wake of Equifax data breach

Mon, 25 Sep 2017 12:05:08 -0400

(image) Extra steps seniors should take





Is Rite Aid (NYSE:RAD) the Perfect Amazon Snack?

Mon, 25 Sep 2017 15:33:16 -0400

(image) Rite Aid Corp. (NYSE:RAD) finally won approval this week to sell nearly half its stores, and three distribution centers, to Walgreens Boots Alliance Inc. (NYSE:WBA) for $4.38 billion, so investors have to wonder what’s left. What’s left, after the Walgreens deal goes down, is the perfect snack for Amazon.com Inc. (NASDAQ:AMZN). Amazon, which just got into the grocery business by purchasing Whole Foods Market, has long been rumored to be interested in drugs as well.



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If Disney Doesn’t Get its Way, You Might Lose ABC and ESPN Programming By Next Week

Mon, 25 Sep 2017 06:24:24 -0400

(image) Among ongoing contract disputes.





Oil prices to rise to $60 as OPEC likely to extend cuts - former Saudi adviser

Tue, 26 Sep 2017 01:47:16 -0400

(image) Oil prices may rise to $60 a barrel by the end of this year or by early 2018 as OPEC and non-OPEC producers are expected to extend supply cuts beyond March, while oil inventories continue to decline, a former Saudi energy ministry official said in a speech Washington on Monday. "With the current arrangement and commitment of major producers, and their willingness to adjust and extend the agreement, I believe as commercial oil stocks continue to contract, oil prices will gradually increase.





These energy stocks are on fire Monday after a Wall Street upgrade

Mon, 25 Sep 2017 12:02:27 -0400

(image) Shares of offshore drilling and services companies surged on Monday after UBS raised its price targets for several stocks in the space.



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NFL makes a major ruling on players not on sidelines

Mon, 25 Sep 2017 13:15:00 -0400

(image) This weekend, almost all of the players from the Seahawks, Titans and Steelers stayed in their locker rooms during the national anthem. The Seahawks and Titans did it as a form of protest regarding President Trump. Meanwhile the Steelers did it so players wouldn’t have to choose a side. Yahoo Finance’s Alexis Christoforous, Editor-in-Chief Andy Serwer and Melody Hahm figure out how this scenario will play out. There's also special appearances by Charlie the Tuna, Chester the Cheetah, Chick-fil-A Cow, Crash Test Dummies, Energizer Bunny, Fudgie the Whale, ICEE Bear, SLUSH PUPPiE, Vlasic Stork, Woodsy Owl, Travelocity Roaming Gnome, Root, the Great Root Bear, Nesquik Bunny, Mr. Peanut, Kool-Aid Man, and Serta Counting Sheep.



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Moore leads Sen. Strange in final hours of Alabama Senate primary

Mon, 25 Sep 2017 20:31:34 -0400

(image) Judge Roy Moore, Republican candidate for Senate, on the special election and President Trump’s backing of Sen. Luther Strange.



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Here's how NFL sponsors are reacting to Trump's national anthem crusade

Mon, 25 Sep 2017 18:31:02 -0400

(image) After President Trump condemned NFL players protesting during the national anthem, NFL official sponsors are coming out with statements in response. Here's a running list of their reactions so far.



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Church used unemployment scam to stoke funds, ex-members say

Mon, 25 Sep 2017 13:48:05 -0400

(image) When Randy Fields' construction company faced potential ruin because of the cratering economy, he pleaded with his pastor at Word of Faith Fellowship church to reduce the amount of money he was required ...



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Rand Paul Seeks Changes to Obamacare Repeal That Could Kill It

Mon, 25 Sep 2017 11:15:39 -0400

(image) Republican Senator Rand Paul said the latest version of the Republican measure isn’t enough to change his mind but the revisions he wants are significant enough that they would likely cause moderates to ...



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Cisco Systems Completes Springpath Acquisition, Eyes NetApp

Mon, 25 Sep 2017 09:27:01 -0400

(image) Cisco (CSCO) completes Springpath buyout, which will boost its competitive position in the hyperconverged infrastructure system market. The company is now apparently interested in NetApp.



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Stone says no coordination between Trump campaign and Russia

Tue, 26 Sep 2017 14:03:09 -0400

(image) WASHINGTON (AP) — Longtime Donald Trump associate Roger Stone said Tuesday he's "aware of no evidence whatsoever" that Trump's campaign coordinated with Russians during the 2016 election.



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DIS Stock: Please Put ESPN Out of Its Misery ASAP

Mon, 25 Sep 2017 06:13:33 -0400

(image) Here is the critical thing to understand about The Walt Disney Company (NYSE:DIS): There is consistency across all of its brands. Disney has always been about family entertainment and DIS stock has benefited. DIS stock has been driven by entertainment that has been, by and large, rooted in family traditions and values.



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McCain calls brain cancer prognosis 'very poor'

Mon, 25 Sep 2017 07:26:59 -0400

(image) U.S. Sen. John McCain says doctors have given him a "very poor prognosis" as he battles brain cancer. McCain underwent surgery in July for a brain tumor that was later found to be a form of glioblastoma, ...



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Is It Time To Start Buying Beaten Up General Electric (GE) Stock?

Mon, 25 Sep 2017 08:55:38 -0400

(image) While the S&P 500 is up nearly 12% so far in 2017, GE stock is down more than 20%. Normally, when the S&P 500 has an up year, so too does General Electric stock. What is the trading implication when the S&P 500 is up on the year and GE is down?



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