US stock futures signal a lower open ahead of busy earnings week

U.S. stock index futures were lower Monday morning ahead of what could be a quiet day of trading following the Easter break but a busy week for corporate earnings. ET, Dow Jones Industrial Average futures indicated a drop of more than 50 points at the open. But corporate results remain the biggest focus for the U.S. this week. On Monday, Halliburton reported better-than-expected quarterly results, sending its stock up more than 3% in the premarket. Chevron, Exxon Mobil and Colgate-Palmolive will


U.S. stock index futures were lower Monday morning ahead of what could be a quiet day of trading following the Easter break but a busy week for corporate earnings. ET, Dow Jones Industrial Average futures indicated a drop of more than 50 points at the open. But corporate results remain the biggest focus for the U.S. this week. On Monday, Halliburton reported better-than-expected quarterly results, sending its stock up more than 3% in the premarket. Chevron, Exxon Mobil and Colgate-Palmolive will
US stock futures signal a lower open ahead of busy earnings week Cached Page below :
Company: cnbc, Activity: cnbc, Date: 2019-04-22  Authors: holly ellyatt
Keywords: news, cnbc, companies, week, open, trade, corporate, lower, signal, stiglitz, state, futures, stock, busy, earnings, ahead, reporting, results


US stock futures signal a lower open ahead of busy earnings week

U.S. stock index futures were lower Monday morning ahead of what could be a quiet day of trading following the Easter break but a busy week for corporate earnings.

Around 7 a.m. ET, Dow Jones Industrial Average futures indicated a drop of more than 50 points at the open. Futures on the S&P 500 and Nasdaq 100 were also seen slightly lower.

The move lower in futures comes after the South China Morning Post reported China’s policy-making committee will pursue structural changes to its economy, rather than add stimulus.

But corporate results remain the biggest focus for the U.S. this week. On Monday, Halliburton reported better-than-expected quarterly results, sending its stock up more than 3% in the premarket. Other companies reporting earnings on Monday include Kimberly-Clark and, after the bell, Whirlpool and Celanese.The week ahead will be the busiest of the earnings season with Coca Cola, Procter & Gamble, UnitedTech, Verizon, Twitter, Lockheed Martin and eBay just some of the companies reporting Tuesday.

On Wednesday, Facebook, Microsoft and Tesla Motors are just a few of the corporate earnings to expect and on Thursday, CNBC-parent Comcast, Amazon, Ford, Starbucks and Domino’s Pizza are among those reporting. Chevron, Exxon Mobil and Colgate-Palmolive will be reporting earnings on Friday.

On the data front, existing home sales for March are expected at 10 a.m. ET.

Oil markets are in focus after prices spiked following reports that U.S. Secretary of State Mike Pompeo will announce that from May 2, the State Department will no longer grant sanctions waivers to any country that is currently importing Iranian crude or condensate.

In other news, Nobel-prize winning economist Joseph Stiglitz has said that critics of globalization are wrong when they say trade agreements have been unfair to the U.S. and Europe. In his latest book, Stiglitz notes that trade agreements have advanced corporate interests at the expense of workers in both developed and developing countries.


Company: cnbc, Activity: cnbc, Date: 2019-04-22  Authors: holly ellyatt
Keywords: news, cnbc, companies, week, open, trade, corporate, lower, signal, stiglitz, state, futures, stock, busy, earnings, ahead, reporting, results


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Treasury yields move higher ahead of home sales data

U.S. government debt prices fell slightly on Monday as investors continue to watch for fresh economic data. The yield on the benchmark 10-year Treasury note rose to 2.5722 while the yield on the 30-year Treasury bond rose to 2.9729. Bond yields move inversely to prices. Bond traders could see a quieter day Monday as markets re-open following the Easter break. Existing home sales data for March, due 10.00 a.m.


U.S. government debt prices fell slightly on Monday as investors continue to watch for fresh economic data. The yield on the benchmark 10-year Treasury note rose to 2.5722 while the yield on the 30-year Treasury bond rose to 2.9729. Bond yields move inversely to prices. Bond traders could see a quieter day Monday as markets re-open following the Easter break. Existing home sales data for March, due 10.00 a.m.
Treasury yields move higher ahead of home sales data Cached Page below :
Company: cnbc, Activity: cnbc, Date: 2019-04-22  Authors: holly ellyatt
Keywords: news, cnbc, companies, sales, rose, watch, bond, higher, tradersthe, yield, yields, et, traders, treasury, data, morning, ahead


Treasury yields move higher ahead of home sales data

U.S. government debt prices fell slightly on Monday as investors continue to watch for fresh economic data.

The yield on the benchmark 10-year Treasury note rose to 2.5722 while the yield on the 30-year Treasury bond rose to 2.9729. Bond yields move inversely to prices.

Bond traders could see a quieter day Monday as markets re-open following the Easter break. Existing home sales data for March, due 10.00 a.m. ET, will be in focus for traders.

The Chicago Fed also releases its National Activity Index for March on Monday morning (at 08.30 a.m. ET). An auction of 3 and 6-month bills will take place late morning.


Company: cnbc, Activity: cnbc, Date: 2019-04-22  Authors: holly ellyatt
Keywords: news, cnbc, companies, sales, rose, watch, bond, higher, tradersthe, yield, yields, et, traders, treasury, data, morning, ahead


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Chinese businesses in Malaysia watch cautiously as Mahathir, Beijing move ahead on railway

Malaysia’s relationship with China is under scrutiny in the Southeast Asian country ahead of Prime Minister Mahathir Mohamad’s expected April visit to Beijing. Mainland Chinese businesses in Malaysia, in particular, are hopeful that the 93-year-old leader will be able to smooth ties with Asia’s dominant economic power. There are already positive signs as the two countries renegotiated a previously stalled multibillion-dollar rail project that caused uncertainty in the bilateral relationship. Li’


Malaysia’s relationship with China is under scrutiny in the Southeast Asian country ahead of Prime Minister Mahathir Mohamad’s expected April visit to Beijing. Mainland Chinese businesses in Malaysia, in particular, are hopeful that the 93-year-old leader will be able to smooth ties with Asia’s dominant economic power. There are already positive signs as the two countries renegotiated a previously stalled multibillion-dollar rail project that caused uncertainty in the bilateral relationship. Li’
Chinese businesses in Malaysia watch cautiously as Mahathir, Beijing move ahead on railway Cached Page below :
Company: cnbc, Activity: cnbc, Date: 2019-04-16  Authors: huileng tan, wang zhao, afp, getty images, sopa images
Keywords: news, cnbc, companies, cautiously, li, stalled, mahathir, ringgit, billion, malaysian, railway, watch, project, ahead, businesses, chinese, beijing, china, malaysia, uncertainty


Chinese businesses in Malaysia watch cautiously as Mahathir, Beijing move ahead on railway

Malaysia’s relationship with China is under scrutiny in the Southeast Asian country ahead of Prime Minister Mahathir Mohamad’s expected April visit to Beijing.

Mainland Chinese businesses in Malaysia, in particular, are hopeful that the 93-year-old leader will be able to smooth ties with Asia’s dominant economic power.

There are already positive signs as the two countries renegotiated a previously stalled multibillion-dollar rail project that caused uncertainty in the bilateral relationship.

Last Friday, the Malaysian Prime Minister’s Office released a statement announcing the resumption of the project at a reduced cost of 44 billion Malaysian ringgit ($10.7 billion) — two-thirds the original cost of 65.5 billion ringgit ($15.9 billion)

That could be a turning point for other deals with Chinese companies and entities, which have been awaiting a signal on the future of the bilateral relationship.

After all, the stalled train line had “more or less hurt the confidence of Chinese enterprises” operating in the Southeast Asian countries, said Keith Li, the president of the China Entrepreneurs Association in Malaysia.

In fact, there have been a “small number” of projects and developments put on hold as the Chinese companies involved take a wait-and-see approach, Li told CNBC in Kuala Lumpur last month. He declined to go into detail about those deals that had been affected.

Li’s association represents the interests of mainland Chinese businesses in Malaysia, of which there are an estimated 1,000. Li, who runs a travel agency, said he is a permanent resident of Malaysia and has lived in the country for over 20 years.

The planned rail project on Peninsular Malaysia was thrown into uncertainty after Mahathir’s party stunned international prognosticators with a win against the incumbent Najib Razak in a general election last May. Mahathir’s administration then decided that costly projects authorized by the previous administration would be cancelled or renegotiated, sparking concerns among mainland Chinese enterprises in Malaysia.

There is much at stake.

Malaysia’s finance minister, Lim Guan Eng, said in March that foreign direct investment planned by manufacturers from China rose from 3.9 billion Malaysian ringgit ($948 million) in 2017 to 19.7 billion ringgit ($4.8 billion) in 2018, an increase of over 400 percent, local media reported.

In 2018, China was one of the largest contributors to the manufacturing sector in Malaysia alongside Indonesia, the Netherlands, Japan and the U.S., government news agency Bernama reported, citing official figures.


Company: cnbc, Activity: cnbc, Date: 2019-04-16  Authors: huileng tan, wang zhao, afp, getty images, sopa images
Keywords: news, cnbc, companies, cautiously, li, stalled, mahathir, ringgit, billion, malaysian, railway, watch, project, ahead, businesses, chinese, beijing, china, malaysia, uncertainty


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More gains ahead for the market after strong start to 2019, history shows

The U.S. stock market got off to a strong start in 2019, and history shows Wall Street may be in store for more gains, according to data compiled by Ned Davis Research. The S&P 500 rose in each of the first three months of the year, something that had only happened 22 times before, the data shows. A rise of that magnitude would push the S&P 500 to 3,117, well above the all-time high of 2,940.91 set in late September. Stocks rallied in the first quarter of 2019 as the Federal Reserve indicated it


The U.S. stock market got off to a strong start in 2019, and history shows Wall Street may be in store for more gains, according to data compiled by Ned Davis Research. The S&P 500 rose in each of the first three months of the year, something that had only happened 22 times before, the data shows. A rise of that magnitude would push the S&P 500 to 3,117, well above the all-time high of 2,940.91 set in late September. Stocks rallied in the first quarter of 2019 as the Federal Reserve indicated it
More gains ahead for the market after strong start to 2019, history shows Cached Page below :
Company: cnbc, Activity: cnbc, Date: 2019-04-15  Authors: fred imbert, gari garaialde, getty images
Keywords: news, cnbc, companies, ahead, history, strong, youtube, wrote, market, 2019, 500, data, gains, start, ned, davis, index, sp, shows


More gains ahead for the market after strong start to 2019, history shows

The U.S. stock market got off to a strong start in 2019, and history shows Wall Street may be in store for more gains, according to data compiled by Ned Davis Research.

The S&P 500 rose in each of the first three months of the year, something that had only happened 22 times before, the data shows. The broad index has followed up those annual starts with an average gain of 7.23% over the next nine months.

A rise of that magnitude would push the S&P 500 to 3,117, well above the all-time high of 2,940.91 set in late September. On Monday, the index traded less than 2% away from its record.

Stocks rallied in the first quarter of 2019 as the Federal Reserve indicated it would not further tighten monetary policy in 2019. Equities also got a lift amid perceived progress in U.S.-China trade talks.

“I do think that trend evidence leans bullish,” Ned Davis, founder of his namesake research firm, wrote in a note Monday. However, he cautioned investors not to make an investment decision solely on historical statistics like these. “My own belief is that people should be suspicious of studies that look ‘too good’ over shortened date ranges.”

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Company: cnbc, Activity: cnbc, Date: 2019-04-15  Authors: fred imbert, gari garaialde, getty images
Keywords: news, cnbc, companies, ahead, history, strong, youtube, wrote, market, 2019, 500, data, gains, start, ned, davis, index, sp, shows


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Ahead of IPO buzz, Robinhood introduces new premium trading features

In a recent company blog post, Robinhood claimed that the new features are part of a “continued effort to help [users] make more informed investment decisions.” Customers earn 3 percent annually on money in either savings or checking accounts, paid out on a daily basis. By sidelining commission fees, the company’s bottom line relies on these premium paid subscriptions, in addition to order-flow payments, rebates from market makers and interest paid on margin accounts. And that’s also paid divide


In a recent company blog post, Robinhood claimed that the new features are part of a “continued effort to help [users] make more informed investment decisions.” Customers earn 3 percent annually on money in either savings or checking accounts, paid out on a daily basis. By sidelining commission fees, the company’s bottom line relies on these premium paid subscriptions, in addition to order-flow payments, rebates from market makers and interest paid on margin accounts. And that’s also paid divide
Ahead of IPO buzz, Robinhood introduces new premium trading features Cached Page below :
Company: cnbc, Activity: cnbc, Date: 2019-04-11  Authors: riley de leon, david paul morris, bloomberg, getty images
Keywords: news, cnbc, companies, thats, features, margin, introduces, ipo, paid, buzz, robinhood, public, accounts, users, trading, company, ahead, premium, savings


Ahead of IPO buzz, Robinhood introduces new premium trading features

Can the Robinhood app live up to the legend? 2:12 PM ET Tue, 15 Jan 2019 | 09:02

Now, for $5 per month, eligible members have access to larger instant deposits and $1,000 of interest-free deposits for users who choose to invest with margin. Additionally, Gold subscribers now have access to Nasdaq Level 2 market data and more than 1,500 exclusive research reports from analysts at Morningstar.

In a recent company blog post, Robinhood claimed that the new features are part of a “continued effort to help [users] make more informed investment decisions.”

In December the company went after banks by offering checking and savings accounts with an interest rate that’s roughly 30 times higher than the national average. Customers earn 3 percent annually on money in either savings or checking accounts, paid out on a daily basis.

After entering the crowded trading arena six years ago, Robinhood quickly positioned itself in fintech with a revolutionary no-fee model catered to younger, less-experienced traders. It now has more than 6 million users.

By sidelining commission fees, the company’s bottom line relies on these premium paid subscriptions, in addition to order-flow payments, rebates from market makers and interest paid on margin accounts. And for Gold members who choose to invest with margin, that interest is now only 5% annually on amounts borrowed above their first $1,000 in margin.

More from CNBC Disruptor 50:

Lyft shares drop ahead of Uber IPO

Pinterest sets IPO pricing

For investors interested in trading traditional stocks, ETFs and even cryptocurrency, Robinhood has not only kept cost low but done so in a big way — claiming to have saved its users more than $1 billion in fees as of early 2018. And that’s also paid dividends for a company that’s eyeing a clear plan to go public in 2019.

CNBC reported that the stock-trading unicorn closed a $363 million Series D funding round last May, valuing them at $5.6 billion — quadruple from the year prior.

Like many tech companies going public this year, Robinhood is still losing money. And if profitability hasn’t proved to be enough of a challenge, Securities Investor Protection Corp. expressed “serious concerns” about covering the insured checking and savings accounts the company announced it would be offering this past December.

“We plan to work closely with regulators as we prepare to launch our cash-management program, and we’re revamping our marketing materials, including the name,” Robinhood said in a December blog post from the company.

But between their new premium trading features and last month’s acquisition of financial media company MarketSnacks, the company continues to diversify its value propositions in preparation for a likely IPO in 2019. Though Robinhood co-CEO Bhatt has confirmed plans for their public debut, an exact date has not yet been revealed.

Robinhood has been named to the CNBC Disruptor 50 list for the past two years, ranking 38th in 2018.

The 2019 CNBC Disruptor 50 list will be revealed in May.


Company: cnbc, Activity: cnbc, Date: 2019-04-11  Authors: riley de leon, david paul morris, bloomberg, getty images
Keywords: news, cnbc, companies, thats, features, margin, introduces, ipo, paid, buzz, robinhood, public, accounts, users, trading, company, ahead, premium, savings


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Lyft shares drop more than 10% to a new low as experts question its valuation ahead of Uber’s debut

Lyft overvalued here, according to the dean of valuation, Aswath Damodaran 17 Hours Ago | 07:43″The driver is a free agent. The customer is a free agent. That’s the basic problem I have with the ride-sharing business not just Lyft,” Damodaran said. Correction: This story has been updated to reflect that Wednesday marked a new 52-week low for Lyft. Watch: Lyft goes public but has no clear path to make a profit


Lyft overvalued here, according to the dean of valuation, Aswath Damodaran 17 Hours Ago | 07:43″The driver is a free agent. The customer is a free agent. That’s the basic problem I have with the ride-sharing business not just Lyft,” Damodaran said. Correction: This story has been updated to reflect that Wednesday marked a new 52-week low for Lyft. Watch: Lyft goes public but has no clear path to make a profit
Lyft shares drop more than 10% to a new low as experts question its valuation ahead of Uber’s debut Cached Page below :
Company: cnbc, Activity: cnbc, Date: 2019-04-10  Authors: lauren feiner, lucy nicholson
Keywords: news, cnbc, companies, valuation, damodaran, ubers, experts, debut, drop, business, agent, shares, question, ahead, uber, low, ipo, public, lyft, billion, free


Lyft shares drop more than 10% to a new low as experts question its valuation ahead of Uber's debut

Lyft overvalued here, according to the dean of valuation, Aswath Damodaran 17 Hours Ago | 07:43

“The driver is a free agent. The customer is a free agent. There is absolutely no stickiness in the business, and they know it. That’s the basic problem I have with the ride-sharing business not just Lyft,” Damodaran said.

Damodaran’s criticism of ride-hailing extended to Uber as well, but the company’s valuation is expected to dwarf Lyft’s, with Reuters reporting it will seek between $90 billion and $100 billion.

CNBC confirmed that Uber expects to make public its IPO registration on Thursday and plans to sell about $10 billion worth of stock, making it one of the largest-ever tech IPOs.

Lyft has had a tough go during its first couple weeks on the public market. The stock’s IPO price was $72, but now stands at $60.12, down more than 14 percent in one week.

-CNBC’s Leslie Picker contributed to this report.

Correction: This story has been updated to reflect that Wednesday marked a new 52-week low for Lyft.

Watch: Lyft goes public but has no clear path to make a profit


Company: cnbc, Activity: cnbc, Date: 2019-04-10  Authors: lauren feiner, lucy nicholson
Keywords: news, cnbc, companies, valuation, damodaran, ubers, experts, debut, drop, business, agent, shares, question, ahead, uber, low, ipo, public, lyft, billion, free


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Theresa May seeks help from Merkel and Macron ahead of critical Brexit summit

The talks come before EU leaders meet in Brussels on Wednesday for an emergency summit dedicated to Brexit. It has now asked for another extension of the Brexit deadline, to June 30. In the meantime, a Brexit deal has still not been approved by British politicians, although they have also rejected the option of leaving the EU without a deal. At the end of the day, the EU leaders including Macron will concede an extension but of course there will be conditions attached to it,” she told CNBC’s “Sq


The talks come before EU leaders meet in Brussels on Wednesday for an emergency summit dedicated to Brexit. It has now asked for another extension of the Brexit deadline, to June 30. In the meantime, a Brexit deal has still not been approved by British politicians, although they have also rejected the option of leaving the EU without a deal. At the end of the day, the EU leaders including Macron will concede an extension but of course there will be conditions attached to it,” she told CNBC’s “Sq
Theresa May seeks help from Merkel and Macron ahead of critical Brexit summit Cached Page below :
Company: cnbc, Activity: cnbc, Date: 2019-04-09  Authors: holly ellyatt, dan kitwood, getty images news, getty images
Keywords: news, cnbc, companies, deal, talks, help, critical, macron, merkel, leaders, eu, brexit, extension, uk, theresa, seeks, summit, ahead, minister


Theresa May seeks help from Merkel and Macron ahead of critical Brexit summit

U.K. Prime Minister Theresa May traveled to Berlin and Paris Tuesday for talks with the German and French leaders in a bid to secure backing for a second delay to Brexit.

The talks come before EU leaders meet in Brussels on Wednesday for an emergency summit dedicated to Brexit. At the EU Council meeting, the remaining 27 EU leaders will have to decide whether or not to grant the U.K. more time before it leaves the bloc — which was due to take place on Friday.

The country was originally meant to leave the EU on March 29 but was granted more time as U.K. lawmakers rejected May’s withdrawal agreement on three separate occasions. It has now asked for another extension of the Brexit deadline, to June 30.

In the meantime, a Brexit deal has still not been approved by British politicians, although they have also rejected the option of leaving the EU without a deal. Several alternative Brexit proposals have failed to find a clear majority of support.

Therefore the U.K.’s fate is now largely in the hands of its European neighbors and the U.K. will have to justify asking for more time when no consensus appears forthcoming.

While German Chancellor Angela Merkel has said she is willing to grant the U.K. more time, her French counterpart Emmanuel Macron has previously insisted that May must present a “credible plan” to justify an extension. He is also reportedly keen to attach strict conditions to granting one.

“My take on this stance by Macron is that it’s mainly postering,” Silvia Dall’Angelo, senior economist at Hermes Investment Management, told CNBC Tuesday. “It’s in everybody’s interest to get to a deal with the U.K.”

“A no-deal Brexit would be mainly a problem for the U.K. but it would have negative spill-overs for the euro zone as well. At the end of the day, the EU leaders including Macron will concede an extension but of course there will be conditions attached to it,” she told CNBC’s “Squawk Box Europe.”

May has been holding cross-party talks with opposition Labour party leader Jeremy Corbyn to try to find a compromise over Brexit. She can also use the talks as a way to demonstrate to EU leaders that she is trying to find a way out of the U.K.’s political impasse, according to Mujtaba Rahman at Eurasia Group.

“May needs to keep Labour at the table to convince all 27 EU leaders at their emergency summit on Wednesday that the talks are making real progress, in order to win a further extension to the Article 50 process beyond Friday,” he said in a note Monday. “That is why May allies are floating the idea of a ‘customs arrangement’ being the outcome of the negotiations.”

Germany’s EU minister Michael Roth said Tuesday that “unfortunately conditions set by EU leaders for a Brexit extension had not been met” and noted that May’s talks with the opposition had “begun too late and have yet to produce results,” Reuters reported. He said he could not exclude the possibility of a disorderly Brexit.

But Irish Foreign Minister Simon Coveney said he expected a strong view at the EU summit that countries need to work together to avoid a hard Brexit, according to Reuters, but said a no-deal was a possibility.

Ireland, which is one of the largest trading partners and where a fragile peace is maintained between Northern Ireland and the Republic, has the most to lose from a hard Brexit.


Company: cnbc, Activity: cnbc, Date: 2019-04-09  Authors: holly ellyatt, dan kitwood, getty images news, getty images
Keywords: news, cnbc, companies, deal, talks, help, critical, macron, merkel, leaders, eu, brexit, extension, uk, theresa, seeks, summit, ahead, minister


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These are Goldman’s most-loved market-beating stocks for the tough quarter ahead

All of Goldman’s four baskets have outperformed the S&P 500 in 2019, Goldman’s chief U.S. equity strategist, David Kostin, said in the note Friday, advising clients where to invest in the second quarter. The 30 stocks that made the cut carry more than one defensive trait that can help withstand the pressure from higher costs and slowing growth. For example, companies in the low labor cost basket allocate only 5% of sales to labor, as opposed to 27% for high labor cost companies. Goldman’s high-d


All of Goldman’s four baskets have outperformed the S&P 500 in 2019, Goldman’s chief U.S. equity strategist, David Kostin, said in the note Friday, advising clients where to invest in the second quarter. The 30 stocks that made the cut carry more than one defensive trait that can help withstand the pressure from higher costs and slowing growth. For example, companies in the low labor cost basket allocate only 5% of sales to labor, as opposed to 27% for high labor cost companies. Goldman’s high-d
These are Goldman’s most-loved market-beating stocks for the tough quarter ahead Cached Page below :
Company: cnbc, Activity: cnbc, Date: 2019-04-09  Authors: yun li, scott eells, bloomberg, getty images
Keywords: news, cnbc, companies, labor, goldmans, costs, goldman, marketbeating, quarter, earnings, sales, stocks, 500, ahead, sp, slowing, tough, mostloved


These are Goldman's most-loved market-beating stocks for the tough quarter ahead

A difficult first-quarter earnings season kicks off this week, and Goldman has some strategies for clients to beat the market during this likely tough trading environment.

After a record rally that gave stocks their best start to a year since 1998, investors are now faced with an earnings decline of 4.2%, the first loss in more than two years, versus a 12% gain in the fourth quarter, according to numbers from FactSet. As rising costs and slowing global demand continue to weigh on bottom lines and hurt sales, investors are finding themselves with almost nowhere to reap a profit.

Analysts at Goldman selected four 50-stock baskets from its secret portfolios with proprietary themes such as low labor costs, large dividends and big sales, which they think will work well in an economic and earnings slowdown. Then they winnowed the pool down to just 30 super stocks that share many of these traits, overlapping in at least two baskets.

All of Goldman’s four baskets have outperformed the S&P 500 in 2019, Goldman’s chief U.S. equity strategist, David Kostin, said in the note Friday, advising clients where to invest in the second quarter. The 30 stocks that made the cut carry more than one defensive trait that can help withstand the pressure from higher costs and slowing growth.

For example, companies in the low labor cost basket allocate only 5% of sales to labor, as opposed to 27% for high labor cost companies. Goldman’s high-dividend stocks are expected to grow dividends two times that of the S&P 500 firms through 2020.

A big chunk of the winning stocks are in the information technology sector, but there are lesser-known names including semiconductor manufacturer Texas Instruments, domain name provider Verisign and fintech company Western Union.

Other picks from Goldman include Amgen, Facebook, PayPal, Foot Locker and AT&T.

The bank expects U.S. economic growth to decelerate to 2.3% in 2019 and it calls for a 48% recession probability within the next three years. And Goldman has a S&P 500 year-end target of 3,000, which would represent a 4% gain from now.


Company: cnbc, Activity: cnbc, Date: 2019-04-09  Authors: yun li, scott eells, bloomberg, getty images
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Facebook says has made headway against abuses ahead of India election

Facebook has said it has made strides in its efforts to prevent online abuses in the Indian national election that starts this week but acknowledged that gaps remain in its “election integrity” efforts. Governments in many countries, including India and the UK, are contemplating strict new regulations for social media companies. India, where Facebook has more users than in any other country, is shaping up as a major test. Reuters earlier this month found instances of edited posts circulating on


Facebook has said it has made strides in its efforts to prevent online abuses in the Indian national election that starts this week but acknowledged that gaps remain in its “election integrity” efforts. Governments in many countries, including India and the UK, are contemplating strict new regulations for social media companies. India, where Facebook has more users than in any other country, is shaping up as a major test. Reuters earlier this month found instances of edited posts circulating on
Facebook says has made headway against abuses ahead of India election Cached Page below :
Company: cnbc, Activity: cnbc, Date: 2019-04-08  Authors: susana bates, afp, getty images
Keywords: news, cnbc, companies, including, abuses, efforts, address, political, company, videos, headway, india, election, ahead, facebook, facebooks


Facebook says has made headway against abuses ahead of India election

Facebook has said it has made strides in its efforts to prevent online abuses in the Indian national election that starts this week but acknowledged that gaps remain in its “election integrity” efforts.

During a media tour of the company’s election operations centre at its Menlo Park headquarters in California on Friday, company officials touted new fact-checking efforts for suppressing misinformation and technological advances such as the ability to detect when videos had been doctored.

But Katie Harbath, Facebook’s public policy director for global elections, said measures including a better system for verifying the buyers of political advertisements remained imperfect and called for more government regulation of ad-spending disclosures.

Excoriated for failing to stop Russian manipulation in the 2016 U.S. presidential vote, Facebook has ramped up efforts to prevent abuses in subsequent elections, including the 2018 American midterms and the recent Brazilian and Mexican contests. Governments in many countries, including India and the UK, are contemplating strict new regulations for social media companies.

India, where Facebook has more users than in any other country, is shaping up as a major test. On April 1, the company said it had removed more than 500 accounts and 138 pages linked to India’s opposition Congress party for “coordinated inauthentic behavior,” Facebook’s term for the use of fake accounts and other deceptive methods to promote a message.

It also took down a page with 2 million followers which, according to Facebook’s review partner Atlantic Council think tank, was “pro-BJP” (India’s ruling Bharatiya Janata Party) and a supporter of Prime Minister Narendra Modi.

Harbath said the company can now quickly detect viral, politically sensitive stories and refer them for fact-checking by outside organizations. The officials also touted heavy investment in technology for detecting doctored videos and text inside pictures, but acknowledged that that they have been unable to stop some duplicates of videos that have been identified as spurious.

Facebook has partnered with seven fact-checkers in India. If a post is found to be untrue, the company says it reduces the circulation of such fake posts by more than 80 percent, but slightly modified versions of the same images, video or text can escape detection and spread further.

Reuters earlier this month found instances of edited posts circulating on Facebook which the company’s own fact-checkers had said were false.

Deceptive political advertising has become another hot-button problem for the company. Facebook has toughened the rules in India and political ads now include “published by” and “paid by” disclaimers. Users can also access a library that allows them to search and find out more about political advertisements.

Harbath said political ad purchases in India now require either a certificate from the Election Commission or a physical address in India, as well as a phone number and group name of the entity purchasing the ad.

While Facebook will check that the address and phone number are legitimate, the company agreed that the same person could make up multiple entities at the same address, without any available record of the original source of money.

“This is a great example, we think, of where there needs to be more regulation,” Harbath said.


Company: cnbc, Activity: cnbc, Date: 2019-04-08  Authors: susana bates, afp, getty images
Keywords: news, cnbc, companies, including, abuses, efforts, address, political, company, videos, headway, india, election, ahead, facebook, facebooks


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Facebook says has made headway against abuses ahead of India election

Facebook has said it has made strides in its efforts to prevent online abuses in the Indian national election that starts this week but acknowledged that gaps remain in its “election integrity” efforts. Governments in many countries, including India and the UK, are contemplating strict new regulations for social media companies. India, where Facebook has more users than in any other country, is shaping up as a major test. Reuters earlier this month found instances of edited posts circulating on


Facebook has said it has made strides in its efforts to prevent online abuses in the Indian national election that starts this week but acknowledged that gaps remain in its “election integrity” efforts. Governments in many countries, including India and the UK, are contemplating strict new regulations for social media companies. India, where Facebook has more users than in any other country, is shaping up as a major test. Reuters earlier this month found instances of edited posts circulating on
Facebook says has made headway against abuses ahead of India election Cached Page below :
Company: cnbc, Activity: cnbc, Date: 2019-04-08  Authors: susana bates, afp, getty images
Keywords: news, cnbc, companies, including, abuses, efforts, address, political, company, videos, headway, india, election, ahead, facebook, facebooks


Facebook says has made headway against abuses ahead of India election

Facebook has said it has made strides in its efforts to prevent online abuses in the Indian national election that starts this week but acknowledged that gaps remain in its “election integrity” efforts.

During a media tour of the company’s election operations centre at its Menlo Park headquarters in California on Friday, company officials touted new fact-checking efforts for suppressing misinformation and technological advances such as the ability to detect when videos had been doctored.

But Katie Harbath, Facebook’s public policy director for global elections, said measures including a better system for verifying the buyers of political advertisements remained imperfect and called for more government regulation of ad-spending disclosures.

Excoriated for failing to stop Russian manipulation in the 2016 U.S. presidential vote, Facebook has ramped up efforts to prevent abuses in subsequent elections, including the 2018 American midterms and the recent Brazilian and Mexican contests. Governments in many countries, including India and the UK, are contemplating strict new regulations for social media companies.

India, where Facebook has more users than in any other country, is shaping up as a major test. On April 1, the company said it had removed more than 500 accounts and 138 pages linked to India’s opposition Congress party for “coordinated inauthentic behavior,” Facebook’s term for the use of fake accounts and other deceptive methods to promote a message.

It also took down a page with 2 million followers which, according to Facebook’s review partner Atlantic Council think tank, was “pro-BJP” (India’s ruling Bharatiya Janata Party) and a supporter of Prime Minister Narendra Modi.

Harbath said the company can now quickly detect viral, politically sensitive stories and refer them for fact-checking by outside organizations. The officials also touted heavy investment in technology for detecting doctored videos and text inside pictures, but acknowledged that that they have been unable to stop some duplicates of videos that have been identified as spurious.

Facebook has partnered with seven fact-checkers in India. If a post is found to be untrue, the company says it reduces the circulation of such fake posts by more than 80 percent, but slightly modified versions of the same images, video or text can escape detection and spread further.

Reuters earlier this month found instances of edited posts circulating on Facebook which the company’s own fact-checkers had said were false.

Deceptive political advertising has become another hot-button problem for the company. Facebook has toughened the rules in India and political ads now include “published by” and “paid by” disclaimers. Users can also access a library that allows them to search and find out more about political advertisements.

Harbath said political ad purchases in India now require either a certificate from the Election Commission or a physical address in India, as well as a phone number and group name of the entity purchasing the ad.

While Facebook will check that the address and phone number are legitimate, the company agreed that the same person could make up multiple entities at the same address, without any available record of the original source of money.

“This is a great example, we think, of where there needs to be more regulation,” Harbath said.


Company: cnbc, Activity: cnbc, Date: 2019-04-08  Authors: susana bates, afp, getty images
Keywords: news, cnbc, companies, including, abuses, efforts, address, political, company, videos, headway, india, election, ahead, facebook, facebooks


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