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D.R. Horton expects lower incentive spending to boost margins

No.1 U.S. homebuilder D.R. Horton Inc on Tuesday said it expects lower incentive spending and strong buyer demand to benefit margins, sending its shares up about 6%.



6 years ago

Trump's warnings to China weigh on stocks, sterling falls

A gauge of global stock markets edged lower after a warning from U.S. President Donald Trump to China as bilateral trade talks began on Tuesday, while concerns over a no-deal Brexit dragged on sterling for a fourth day.



6 years ago

Shares in plant-based burger maker Beyond Meat slide on stock offering

Shares in meat alternatives company Beyond Meat slid on Tuesday, a day after the company known for its pea-based burgers and sausages announced a stock offering plan to raise capital just three months after going public.



6 years ago

Parents are exploiting this legal loophole to get their kids more need-based college financial aid

Some parents are exploiting a legal loophole so that their children can declare themselves as financially independent from them, likely enhancing their eligibility for federal, state and university aid, according to ProPublica.

6 years ago

Ralph Lauren says North America sales to come under pressure; shares fall

Ralph Lauren Corp said it expects sales in North America for the rest of the year to be pressured by a tough retail environment and weakness in spending by foreign tourists, sending its shares down about 4%.



6 years ago

How to protect yourself from a breach even if you're not a Capital One customer

Experts recommend taking steps to prevent criminals from using your personal information to open an account in your name.

6 years ago

Oil rises on expectations of Fed rate cut, another U.S. crude drawdown

Oil prices rose on Tuesday, on track to close at a two-week high, on optimism the U.S. Federal Reserve will cut interest rates this week for the first time in more than 10 years, boosting demand expectations in the world's biggest oil user.



6 years ago

Small energy stock rips higher after investor Mario Gabelli says he is following it

Shares of RPC, Inc., a small oil and gas company based in Atlanta, jump following positive comments from billionaire investor Mario Gabelli.

6 years ago

Newer drugs help Eli Lilly top Wall Street quarterly profit estimate

Eli Lilly and Co reported a second-quarter profit that topped Wall Street estimates and raised its 2019 earnings forecast on Tuesday, as higher demand for newer drugs offset increased discounts for the U.S. Medicare program and sales declines of medicines that lost patent protection.



6 years ago

Jamie Dimon's worst fears for the banking industry realized with Capital One data hack

Bank CEOs including Jamie Dimon have been highlighting the risks of a cyberattack for years.

6 years ago

Xerox cuts full-year revenue forecast, shares fall

Xerox Corp posted a better-than-expected quarterly profit on Tuesday, but cut its full-year revenue forecast citing organizational changes, primarily in North America.



6 years ago

Wall Street dips on U.S.-China trade tensions, Fed meeting eyed

U.S. stocks dipped on Tuesday as U.S.-China trade worries pressured technology shares, while the scale of consensus at the Federal Reserve in favor of deeper cuts in interest rates ate into optimism that drove markets to record highs last week.



6 years ago

Under fire, Swiss minister dumps Philip Morris as Expo sponsor

Switzerland scrapped a 1.8 million Swiss franc ($1.8 million) sponsorship deal with Philip Morris International for the country's pavilion at Expo 2020 in Dubai after being widely criticized for taking tobacco money to promote its image abroad.



6 years ago

Trump says he will seek U.S. trade accord with Brazil

President Donald Trump on Tuesday said he will pursue a U.S. trade agreement with Brazil, suggesting a friendly relationship with President Jair Bolsonaro could help lower trade barriers between the two biggest economies in the Americas.



6 years ago

U.S.-China trade concerns push Wall Street lower; Fed meeting eyed

U.S. stocks slid on Tuesday after a fresh warning from President Donald Trump to China pressured technology shares, while investors speculated the scale of an interest rate cut at the end of the Federal Reserve's policy meeting.



6 years ago