Noam Galai | Getty Images Entertainment | Getty Images Check out the companies making headlines in midday trading. IBM – Shares shed more than 6% after IBM’s third-quarter results showed a third straight quarter of declining revenue. The company earned an adjusted $2.58 per share for the quarter, which was in line with Street forecasts,

The logo of Swiss banking giant UBS engraved on the wall is seen on its headquarters on May 8, 2019 in Zurich. Fabrice Coffrini | AFP | Getty Images LONDON — The world’s largest wealth manager, UBS, reported a jump in net income to $2.1 billion for the third quarter on Tuesday, easily beating analyst

The Federal Reserve’s intention to leave interest rates alone may get sidetracked. According to Wall Street forecaster James Bianco, the backdrop is conducive for an inflation comeback that would force the Fed’s hand to tighten and upset the stock market. He sees two major factors sparking inflation: A smaller economy than last year due to

Check out the companies making headlines midday Monday: Halliburton — Shares of the oil field producer popped 2% after the company reported better-than-expected earnings for the previous quarter. Halliburton earned 11 cents per share, topping a Refinitiv estimate 8 cents per share. Revenue, however, missed analyst expectations. American Airlines — American Airlines shares rose more

An employee sits reflected in a glass screen featuring the London Stock Exchange Group Plc’s logo at their offices in London, U.K., on Thursday, Jan. 2, 2020. Simon Dawson | Bloomberg via Getty Images LONDON — It’s looking like a good year for stock market debuts in the U.S. and China, which are seeing big

A passenger wears a protective mask at the Wall Street subway station in New York, on Monday, March 30, 2020. Michael Nagle | Bloomberg via Getty Images U.S. stock futures rose on Sunday night as the number of newly confirmed coronavirus cases continues to rise while lawmakers remain at an impasse over a new stimulus

Integrated circuits on a circuit board. The semiconductor industry has been in focus during the U.S.-China trade war. filonmar | E+ | Getty Images Company: ON Semiconductor Corp (ON) Business: A premier semiconductor company that focuses on power and sensor products. ON Semi’s segments include (i) Power Solutions Group, which offers a range of discrete,

Descendants of Standard Oil founder John D. Rockefeller are calling on the major banks to put an end to fossil fuel financing. Daniel Growald, Peter Gill Case and Valerie Rockefeller — fifth-generation members of the famed family — have launched BankFWD, which is a network of powerful individuals and institutions aimed at persuading banks to

United Airlines’ Boeing 747-400 aircraft performed its last passenger flight on November 7, 2017. NurPhoto Check out the companies making headlines in midday trading.  Boeing — Shares popped more than 3% after Patrick Ky, the head of Europe’s aviation regulator, said the company’s beleaguered 737 Max jet is safe to fly again. He added the

People wait in their cars as they line up to collect unemployment forms in Hialeah, Florida. CHANDAN KHANNA/AFP via Getty Images Millions of workers have lost their jobs — and their employer-sponsored health insurance — due to the coronavirus pandemic. But other options are available to those who lose health coverage. These include Medicaid, an

Check out the companies making headlines before the bell: Pfizer, BioNTech – Pfizer Chairman and CEO Albert Bourla said the vaccine candidate under development by the two drug makers could be ready for an Emergency Use Authorization application by late November. Separately, Pfizer and BioNTech are scaling up manufacturing capability for their experimental coronavirus vaccine,

People walk past the headquarters of the People’s Bank of China (PBOC), the central bank, in Beijing, China September 28, 2018.  Jason Lee | Reuters BEIJING — As China recovers from the coronavirus pandemic, the country’s central bank is more open to increasing loans to an already debt-heavy system than it is to cutting back.

A man walks a dog in the shade away from the midday sun past the New York Stock Exchange (NYSE) building in Manhattan, during hot weather in New York City, New York, U.S., August 11, 2020. Mike Segar | Reuters Stock futures rose slightly in overnight trading on Thursday as investors await the latest retail

Gary Guthart, CEO, Intuitive Surgical Scott Mlyn | CNBC Check out the companies making headlines after the bell:  Del Taco Restaurants — Shares of Del Taco Restaurants surged nearly 9% after the Mexican restaurant chain reported better-than-expected quarterly earnings. The company posted an earnings per share of 16 cents in the third quarter, beating analysts’

Randal Quarles Hailey Lee | CNBC Short-term funding markets seized up during the early days of the coronavirus pandemic, demonstrating that more reform is needed, the Federal Reserve’s chief banking overseer said Thursday. Commercial paper and prime money funds, which provide companies short-term funding and serve as key elements in the financial system, froze in

A trader walks by the New York Stock Exchange (NYSE) on the first day that traders are allowed back onto the historic floor of the exchange on May 26, 2020 in New York City. Spencer Platt | Getty Images U.S. stock futures were lower on Wednesday night as traders continued to weigh the prospects for

Economic forecaster Lakshman Achuthan sees evidence inflation is making a comeback. “It’s made a very clear cyclical upturn,” the Economic Cycle Research Institute co-founder told CNBC’s “Trading Nation” on Wednesday. He shows the trend in a special chart of his U.S. future inflation gauge, a proprietary leading indicator, and core CPI. According to Achuthan, the

kate_sept2004 | E+ | Getty Images Young investors are more likely than older generations to seek out financial help from a computer than a human. In addition, the Covid-19 recession has led to more interest among younger people in getting financial advice. Financial advisors should take note. Millennials, a group spanning their mid-20s to late

Chinese President Xi Jinping Aris Messinis | Pool | Reuters BEIJING — Amid uncertainty about Hong Kong’s future and China’s international relations, President Xi Jinping maintained Wednesday that the country remains intent on doing business with the rest of the world, in its own way. In a speech that lasted nearly one hour, Xi made

U.S. stock index futures were mixed during overnight trading after the major averages registered their first day of losses in five trading sessions. Futures contracts tied to the Dow Jones Industrial Average were slightly higher, pointing to a 20-point gain at the open on Wednesday. S&P 500 futures and Nasdaq 100 futures were slightly lower.

Getty Images Treasury yields slipped on Tuesday as traders digest the latest news surrounding a potential U.S. fiscal stimulus package along with muted inflation growth. The 10-year Treasury yield fell by more than 3 basis points to 0.735%. The 30-year bond rate slid to 1.524%. The 2-year yield also pulled back to 0.137%. Yields move

Workers stand at the port of Qingdao, Shandong province, China June 10, 2019. Reuters BEIJING — China imported and exported a record amount of goods in yuan-denominated terms in September, Reuters reported Tuesday, citing a spokesperson for the national customs agency. China’s exports rose 10.2% in the third quarter from a year ago to 5

People walk by the New York Stock Exchange (NYSE) in lower Manhattan on October 02, 2020 in New York City. Spencer Platt | Getty Images U.S. stock futures were flat in overnight trading on Tuesday as investors awaited the first batch of corporate earnings and updates on a stimulus package. Dow futures fell 10 points.

Dillard’s department store. Source: Zereshk | Wikipedia Shares of Dillard’s jumped 45% on Monday after one of Warren Buffett’s investing lieutenants disclosed a personal stake in the embattled retailer. According to filings with the Securities and Exchange Commission, Ted Weschler, who is an investment manager at Berkshire Hathaway, bought roughly 1.08 million shares of Dillard’s,

IHT Wealth Management’s Yussef Gheriani believes now is a good time to consider adding travel plays to portfolios. Between cabin fever related to the pandemic and optimism surrounding effective coronavirus treatments, Gheriani speculates bookings will start meaningfully rising within the next couple of months. “People are going to be sitting down at home saying ‘Okay,

Check out the companies making headlines in midday trading.  Zoom Video — Shares of the video conferencing company gained more than 3% after Mizuho initiated coverage on the stock with a buy rating and $550 target. “We believe Zoom can continue to deliver outsized revenue growth due to its position as a market leader, its global

A visual representation of bitcoin with U.S. dollars. studioEAST | Getty Images LONDON — After Facebook shocked policymakers with its plan to launch a digital currency last year, central banks have been forging ahead with discussions on how they could create their own virtual money. Now, they’ve come up with a rough framework for how

Take a look at some of the biggest movers in the premarket: Xilinx (XLNX) – Advanced Micro Devices (AMD) is in advanced talks to buy the specialty chipmaker, according to The Wall Street Journal. People familiar with the matter say such a deal could be worth more than $30 billion, with a transaction possibly coming together

The White Lion pub seen at the Covent Garden. UK Covid-19 cases are now doubling every seven to eight days, Prime Minister Boris Johnson is considering national restrictions for a short period to “short-circuit” the virus. SOPA Images | LightRocket | Getty Images LONDON – The U.K. economy grew 2.1% in August on a monthly

People walk by the New York Stock Exchange (NYSE) in lower Manhattan on October 02, 2020 in New York City. Spencer Platt | Getty Images U.S. stock futures rose on Thursday night as Wall Street continued to search for clarity surrounding a new potential fiscal aid bill. Dow Jones Industrial Average futures were up 121