SAN FRANCISCO (MarketWatch) — Among the companies whose shares are expected to see active trade in Friday’s session are Oracle Corp., Smith & Wesson Holding Corp., and Family Dollar Stores Inc. After Thursday’s closing bell, Oracle ORCL, +8.18%  said its fiscal fourth-quarter profit fell to $3.65 billion from $3.81 billion a year earlier. Per-share earnings
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With the generally pessimistic and sometimes sensational headlines surrounding the U.S.-China trade war, it may surprise some that viable investment sectors exist. Even more surprising are some of the market segments experiencing positive sentiment. For instance, restaurant stocks are charging significantly higher than they were at the beginning of the year. Don’t take my word
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I was encouraged to see some positive market action in June, with the S&P hitting a new high. Last week was considerably more volatile — so it’s a good reminder not to get complacent. Summertime trading can be like that, with lighter trading volumes that amplify the effects of market-moving headlines. And earnings season will
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The old Wall Street saying “buy the rumor, sell the news” was in full effect Monday. Following news released over the weekend that the U.S. and China are willing to restart trade talks, accompanied by some encouraging tweets from President Donald Trump to that effect, the major U.S. equity benchmarks opened significantly higher Monday. Source:
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The SEC this week voted to approve a financial investment reform package. Known as “Regulation Best Interest” or “Reg BI,” the package is intended to strengthen protections for investors by requiring financial advisors and in particular broker-dealers to disclose conflicts of interest. Does it provide more protection for investors than previous rules? It depends on
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Gold finally has its shine back. Yes, some folks may have abandoned gold in favor of digital gold — bitcoin has surged several hundred percent recently. But the world’s favorite precious metal is sparkling again too. Recently, the price of gold topped $1,400/oz, marking its highest level in more than five years. Gold’s move has
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This is one of those days where you feel like you know what is going to happen, and you wish your article submission deadline was 2 hours later.  In premarket today, gold has dropped below 1400 USD/oz on the tails of news of an apparent truce in the US-China trade war. Here’s the 5-day chart
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Warren Buffett, chairman of Berkshire Hathaway Inc., right, and Bill Gates, chairman and co-founder of Microsoft Corp., participate in a newspaper toss event at the Berkshire Hathaway annual shareholders meeting on Saturday, May 5, 2012. Daniel Acker | Getty Images Warren Buffett said he will donate $3.6 billion worth of Berkshire Hathaway shares to five
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Secretary General of OPEC, Mohammed Barkindo (R), Russia Energy Minister Alexander Novak (L), Saudi Arabia’s Minister of Energy, Industry and Mineral Resources, Khalid Al-Falih (C) hold a joint press conference during the 173rd Ordinary Meeting of the Organisation of Petroleum Exporting Countries (OPEC) in Vienna, Austria on November 30, 2017. Omar Marques | Anadolu Agency
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