The drug-store giant will close some less profitable stores as it looks to cut costs by at least...
 â â â â â â â â â â â â â â â â â â â â â â â â â â â â â â â â â â â â â â â â â â â â â â â â Friday, October 13, 2023
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[MarketWatch](
[Earnings Results: Walgreens stock surges as profit misses views, but high dividend looks safe](
The drug-store giant will close some less profitable stores as it looks to cut costs by at least $1 billion.
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[Yahoo Business]()
[BlackRock Pulls the Trigger on These 2 High-Yield Dividend Stocks â Including One With 9% Yield]()
This past week has been a doozy. Weâve got the usual headwinds piling up, with sticky inflation, a 1-in-3 chance for another Fed interest rate hike this year, and rising bond rates putting pressure on stocks. And if that wasnât enough, the geopolitical situation has heated up, with a major war in the Middle East as Israel goes to war in retaliation...
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[Yahoo Business]()
[Dow Jones Futures: Stocks Fall On Ugly Treasury Auction; JPMorgan, UnitedHealth Due]()
Dow Jones futures: The major indexes faltered as Treasury yields soared on a weak auction. JPMorgan and UnitedHealth earnings loom.
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[Yahoo Business](=)
[Buy These 2 Beaten-Down Stocks, Goldman Sachs Says, Forecasting up to 130% Upside](=)
The Federal Reserve might have completed its round of rate hikes, based on recent statements made by the agencyâs officials. Those statements conveyed the message that there is presently no urgent necessity to push the Fed funds rate beyond its existing range of 5.25 to 5.50% â the highest level since July 2001. A number of Fed officials pointed to...
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[All Star Charts - JC Parets](
[The Dollar Playbook](
From the Desk of Alfonso Depablos @Alfcharts The negative correlation between equities and the dollar remains intact, representing a fundamental piece of the current intermarket puzzle. When the dollar strengthens, stocks tend to fall under selling pressure. On the flip side, stocks often enjoy strong bull runs when the dollar trends lower. Thatâs...
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[Top economist Mohammed El-Erian warns markets got âdrunk on supportâ from central bank âBFFsâ, and now heâs more...](
Mohammed El-Erian, chief economic adviser at Allianz and former Pimco CEO, says the Fed and Bank of England's high rates bodes well for savers.
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[Yahoo Business](
[Disney hikes prices on streaming plans for second time this year](
Disney's previously announced price increases for some of its streaming services took effect Thursday. The company continues to grapple with direct-to-consumer profitability challenges and falling subscriber numbers.
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[Seeking Alpha](=)
[Disney, Comcast hire banks to arrive at Hulu valuation for sale](=)
Walt Disney (DIS) and Comcast (CMCSA) have tapped investment banks to put a value on Hulu -- the streaming site they co-own -- ahead of a sales process likely t
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[The Wall Street Journal]()
[Stocks Drop, Ending Winning Streak After Inflation Data]()
Treasury yields rose after the consumer-price-index report and climbed further after a bond auction revealed weak demand.
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[All Star Charts - JC Parets]()
[The Hot Corner Insider (10-12-2023)]()
From the Desk of Steve Strazza @Sstrazza and Alfonso Depablos @AlfCharts Markets have been able to stage a significant rebound off the lows from last week. After some massive bullish engulfing candles Friday, the major averages â led by mega-cap growth stocks, have exhibited strong follow-through to start the week. That changed a little today
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[MarketWatch](=)
[The Ratings Game: PayPal skeptics may be making a crucial mistake about the stock, Barclays says](=)
Investors are in wait-and-see mode when it comes to PayPal's stock, but perhaps they won't have to wait too long for positive developments to manifest.
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[All Star Charts - JC Parets](
[CFO Naemura Buys 10,000 NEOG Shares](
From the Desk of Steve Strazza and Alfonso Depablos Todayâs Hot Corner is a short one. The largest insider buy on todayâs list comes in a Form 4 filing by David Naemura, CFO of Neogen Corporation $NEOG. Naemura reported the acquisition of 10,000 NEOG shares, equivalent to $150,333. Hereâs The Hot Corner, with data through
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[MarketWatch](
[Distributed Ledger: Cryptocurrencies are touted as resilient during wars, but bitcoin is falling since Hamas attacked...](
This is the latest Distributed Ledger column from MarketWatch: a weekly look at the most important moves and news in crypto.
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[MarketWatch]()
[Movers & Shakers: Tupperware shares continue rally and Fastenal rises on earnings beat as Fordâs stock falls after...]()
Tupperware, Fastenal, Victoria's Secret, Ford and Plug Power were active Thursday.
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[MarketWatch]()
[: AMC stock extends winning streak to 5 days, boosted by Taylor Swift concert movie]()
In addition to showing âTaylor Swift: The Eras Tourâ in its own cinemas, AMC is also the theatrical distributor for the movie
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