TheStreet TV show

TheStreet TV

Summary: Financial news and analysis from TheStreet

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 Opening Bell: Stocks Gain Steam Ahead of Federal Reserve Statement | File Type: | Duration: 01:20

U.S. stocks opened higher on Wednesday, as investors awaited the Federal Reserve's June policy statement. Most market participants don't expect the central bank to announce a rate hike. Investors will be laser focused on the Fed's messaging in terms of the pace of rate increases going forward. Best Buy shares fell after Credit Suisse analysts downgraded the stock to neutral from outperform amid expectations of lower sales for the rest of 2016. Panera Bread is ridding its grocery products, called Panera at Home, of artificial sweeteners and preservatives. TheStreet's Scott Gamm reports from Wall Street.

 Closing Bell: Whole Foods Falls on FDA Warnings; Stocks Slip | File Type: | Duration: 01:11

Stocks came off of session lows by the day's end, though remained in the red. Fears over the Fed's announcement tomorrow, Brexit talk and crude at a three-week low all contributed to losses. Whole Foods slipped after the Food and Drug Administration sent a warning regarding violations at its Massachusetts manufacturing plant. Regulations noted a number of 'serious' violations for packing and handling food. Gunmakers pulled back after Monday's rally with Smith & Wesson and Sturm Ruger sharply lower. Retail store card company Synchrony Financial fell after upping its loss forecast over the next 12 months. Synchrony also said it was building up its reserves to weather challenges in late-stage delinquencies.

 Midday Report: NXP Semiconductors Sells Division; Stocks Slump | File Type: | Duration: 01:11

Stocks extended their decline as the Fed kicked off a two-day monetary policy meeting. 'Brexit' fears also dragged on markets after the latest poll showed U.K. voters favoring an exit by a seven-point lead. Second-quarter economic growth in the U.S. was tracking at 2.6%, according to Barclays. The firm revised its estimate down after a weaker-than-expected increase in April business inventories. Alibaba climbed after noting it would no longer rely so heavily upon the gross merchandise volume sales metric. The measure has been in question since U.S. regulators began an investigation into the practice. NXP Semiconductors fell after reaching a deal to sell its Standard Products business to a consortium of investors for around $2.75 billion.

 Opening Bell: Stocks Slip as Global Bonds Rally; U.S. Retail Sales Rise in May | File Type: | Duration: 01:14

U.S. stocks slipped on Tuesday, as investors moved into safe-haven assets, pushing the 10-Year German bund yield into negative territory for the first time ever. Meanwhile, U.S. May retail sales rose 0.5 percent during the month, beating estimates of 0.3 percent. Core retail sales, stripping out volatile auto and gasoline sales, gained 0.3 percent, matching forecasts. Baidu fell 4 percent after trimming its revenue forecasts for the second quarter following lower medical advertising sales. The China-based Web services company expects revenue of 18.1 billion yuan to 18.2 billion yuan, down from a previously reported 20.1 billion. TheStreet's Scott Gamm reports from Wall Street.

 German Bonds Fall Into Negative Territory, First Time Ever | File Type: | Duration: 01:15

The yield on the 10 year benchmark German Bond fell into negative territory for the first time ever. The move comes amid global growth concerns and jitters over the United Kingdom's upcoming vote on its European Union membership. Recent surveys show supporters of Britain leaving the Union, known as "Brexit' is gaining ground. It looks like Verizon

 Midday Report: McDonald's Moves Back to Chicago; U.S. Stocks Fall | File Type: | Duration: 01:05

Stocks fluctuated as fears over a British exit from the European Union and a looming Fed meeting made for nervous trading. Fed members will convene for a two-day meeting tomorrow. McDonald's

 Closing Bell: JetBlue Cuts 2016 Growth Outlook; Stocks Fall | File Type: | Duration: 01:06

Stocks extended declines through the final hour after crude closed below $50 a barrel. Oil pulled the markets lower after the number of active oil rigs in the U.S. climbed for the second week in a row. JetBlue slid on Friday after the company reported disappointing May data. The airline also cut its capacity growth outlook for 2016 on expected lower unit revenue and higher fuel prices. H&R Block rose after topping fourth-quarter estimates on its top and bottom line. However, total returns for the latest tax season did decline. The tax preparer also raised its quarterly dividend by 10%. Smith & Wesson declined after Wedbush grew bullish on the company ahead of its earnings report next week.

 Midday Report: Consumer Sentiment Weakens; Stocks Slip on Oil | File Type: | Duration: 01:06

Stocks came back from session lows, though remained in the red as crude oil traded below $50 a barrel. Markets have given back earlier week gains for the past two days. Consumer sentiment weakened in June, a sign that labor market worries and U.S. presidential politics have begun to influence the mood. The consumer sentiment index fell to 94.3 in mid-June, slightly below May's final reading. Urban Outfitters fell after warning that same-store sales in the current second quarter were declining in the mid-single-digit percentage range. Analysts had expected an increase of just over 1% over the period. Visa was boosted to a $90 price target at Oppenheimer. Analysts also increased earnings estimates based on its Visa Europe acquisition which is expected to close this month.

 Opening Bell: Stocks Slip on Bond Rally, Oil Declines; Tesla Refutes Safety Issue | File Type: | Duration: 01:26

U.S. stocks opened lower on Friday, as a global bond yields continued to fall and oil prices dropped below $50 a barrel, after reaching their highest level in nearly a year earlier this week. Yields for Japan government bonds are in negative territory. Tesla shares were in focus after the electric automaker threw cold water on reports of safety issues with the suspension of its Model S car. The company said it owns its service centers and would be aware of any glitches. TheStreet's Scott Gamm reports from Wall Street.

 Investors Hold Onto Their Wallets Ahead of 'Brexit" Vote, Fed | File Type: | Duration: 01:32

Investors are getting more cautious as we await 2 key events happening later this month. One if the British vote on whether or note to leave the European Union, known as "Brexit'. The other big event is next week's Federal Reserve meeting. Meanwhile, government bonds in Japan, Germany and the United Kingdom notched new record low levels this morning. A shakeup of Viacom's

 Closing Bell: Wedbush Backs Fitbit Growth; Stocks Snap Streak | File Type: | Duration: 01:13

Wall Street made its best effort to extend a three-day winning streak into a fourth session but last-minute moves toward the flatline weren't enough. Stocks closed in the red after a pullback in crude prices pressured the energy sector. Retail stocks were under pressure after Restoration Hardware issued disappointing guidance. Fellow home and furniture retailers Williams-Sonoma and Bed Bath & Beyond sold off in sympathy. Fitbit climbed following a bullish analyst note from Wedbush. The firm initiated coverage on the fitness tracker maker with an OUTPERFORM rating, noting that it sees user growth from accessory sales and corporate wellness programs. Under Armour has enticed chief design officer Dave Dombrow back to the company just months after he left to join rival Nike . He has been behind some of Under Armour's most successful brands such as Stephen Curry's footwear line.

 Midday Report: Restoration Hardware Slashes Outlook; Stocks Fall | File Type: | Duration: 01:12

Stocks extended their decline as investors engaged in profit-taking after three days of gains. Crude also weighed on markets after falling below $51 a barrel. Oil had its best settlement since July a day earlier. Yahoo! spiked on reports it has received multiple bids worth more than $5 billion for its core Internet assets. The bidding process is expected to end by mid-July. Restoration Hardware tanked after slashing its quarterly and full-year outlook. The furniture retailer warned profit could tumble by as much as 40% this fiscal year as it tries to cut back on the number of discount offers. LinkedIn shares were active after RBC Capital upgraded the stock to outperform from sector perform.

 Opening Bell: Stocks Drop as Bonds Rally; LinkedIn Shares Upgraded | File Type: | Duration: 01:31

U.S. stocks moved lower on Thursday, as a global rally in bonds continued, sparked by worries about global growth and the European Central Bank's commencement of its corporate bond buying program. Shares of The J.M. Smucker Company rose after beating analysts' estimates on both the top and bottom lines, thanks to a 25 percent increase in sales during its fourth quarter. The company also reported better than expected full year earnings guidance. LinkedIn shares jumped after analysts at RBC Capital upgraded the stock to outperform from sector perform with a $160 price target. The stock trades near $134 a share. An RBC survey found recruiters are expected to boost spending on the platform in the next year. TheStreet's Scott Gamm reports from Wall Street.

 Legendary Trader George Soros Trades Again, Bullish Gold | File Type: | Duration: 01:37

Trading legend George Soros is back to trading the markets and he's mostly bearish. The Wall Street Journal says the billionaire sees opportunity in various political and economic problems in the world. In particular, he's skeptical about the Chinese economy and the possibility of the break-up of the European Union if England votes to leave. Soros reportedly has sold stock and bought gold and gold miners. About 21 million self-driving cars are expected to be on the road world-wide by 2035, according to automotive research firm IHS automotive. Global sales are expected to reach 600,000by 2025. Disney ( ) is preparing for the opening of Shanghai Disney. The theme park doesn't open until June 16th but already crowds are forming at nearby restaurants and lakesides. Shanghai Disney is located in an area where 330 million people can reach it within 3 hours.

 Closing Bell: SEC Hits Morgan Stanley With $1M Fine; Stocks Climb | File Type: | Duration: 01:13

The S&P 500 closed within reach of its all-time high again as crude oil settled at its highest since last summer. The benchmark index has closed at 2016 highs for the past three days. Lending Club had a rocky day of trading after FBR & Co. analysts downgraded to MARKET PERFORM from OUTPERFORM. The firm raised concerns over the peer-to-peer lender's ability to originate loans after recent scrutiny into operations. AK Steel surged after Credit Suisse released a bullish note on the U.S. steel market. Analysts upgraded AK to OUTPERFORM from UNDERPERFORM based on improving metal prices. Morgan Stanley shares were active after the SEC leveled a $1 million fine against the bank for allegedly failing to protect sensitive customer information. Morgan Stanley agreed to the settlement, though declined to admit wrongdoing.

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