TheStreet TV show

TheStreet TV

Summary: Financial news and analysis from TheStreet

Join Now to Subscribe to this Podcast

Podcasts:

 Dow Flirts With 18,000 Closing at Record High Along With S&P 500 | File Type: | Duration: 00:52

Record highs again for the Dow Jones Industrial and the S&P 500. Stocks rose on a stronger-than-expected November jobs report. Earlier in the day, the Dow came within 10 points of hitting 18,000. Energy once again held back the rise. Chevron (CVX) was the worst performing blue chip for a second straight day. Exxon Mobil (XOM) gave up 0.58%. Airlines added to gains from falling oil prices. Delta (DAL), United Continental (UAL) and American Airlines (AAL) soared even higher from Thursday's advances. Financials led the markets. JPMorgan Chase (JPM) and Goldman Sachs (GS) were the Dow's biggest gainers. And some revisions on Wall Street moved some big names in tech. Google dropped more than 2% after an analyst downgrade. Facebook (FB) and Yahoo (YHOO) both added more than 1% after bullish calls.

 Big Lots' Stock Plunges, Financials Lead Midday Trading | File Type: | Duration: 00:56

Stocks advanced in midday trading Friday after being greeted this morning with a strong jobs report. The Labor Department said the economy added the most jobs in November since January 2012. Earnings is a driver for some stocks. Big Lots (BIG) is down 14% after missing more than expected in its quarter. Ulta (ULTA) shares are looking good after the salon retailer reported earnings that beat Wall Street estimates. JPMorgan (JPM) CEO, Jamie Dimon says he is now cancer-free. The head of America's biggest bank has been undergoing treatment after being diagnosed with throat cancer this summer. JPMorgan shareholders are applauding the good news. The stock is the best performer in the Dow Components. The financial sector overall is rallying. Goldman Sachs (GS), Bank of America (BAC) and Wells Fargo (WFC) are all up in the session.

 U.S. Markets Open Cautiously Higher on Blow-out Jobs Report | File Type: | Duration: 01:06

Stocks were cautiously higher at Friday's Opening Bell after the November jobs report blew away estimates. The U.S. economy added 321,000 jobs, that's almost 100,000 more than expected. The unemployment rate is unchanged at 5.8%. The Labor Department also revised up job gains for September and October. But wage growth remained modest. Hourly earnings rose just about 2% in the past year. When it comes to its employee benefits, RadioShack (RSH) is looking to cut back. Bloomberg is reporting the struggling electronics retailer will stop matching contributions to its employee 401K plan. RadioShack is also reportedly looking into its health benefits program. Gap (GPS) is a stock to watch in today's trading. The stock is starting the day sharply higher after revealing its November same-store sales rose a better-than-expected 6%. Its lower-line Old Navy chain contributed most to the gains, surging 18% in sales last month.

 Uber Raises Another Round; Amazon Diaper Initiative; Jobs Report | File Type: | Duration: 02:13

The US futures markets are pointing to a lower open this morning as investors await the all important November jobs report. It's expected the economy added another 200,000 positions for the tenth consecutive month and the nation'a unemployment rate held at 5.8 percent. Ahead of that, Uber makes headlines as it raises another critical round of funding. Speculation is that the private cab hailing app is readying for an IPO that will rival Facebook or Alibaba. Finally Amazon gets into the diaper business. It's the first of two baby products that will be peddled on the site under the private label called ELEMENTS

 Airlines Soar on Falling Oil, Stocks Slightly Lower Off Their Lows | File Type: | Duration: 00:52

Stocks finished the day just slightly lower and far from session lows Thursday as investors await Friday's jobs report. Energy was a big drag, Chevron (CVX) held down the Dow Jones Industrial as its worst performer. After advancing for most of the week, Exxon Mobil (XOM) also gave up gains. Oil stocks followed falling oil prices. Crude futures for January delivery slipped almost 1%. But airlines soared on sliding oil. Delta (DAL), United Continental (UAL) and American Airlines (AAL) all lifted higher. Starbucks (SBUX) rose after sharing positive projections at its investor conference. The coffee chain says it will hit $30 billion in revenue in 5 years.

 Stocks Fall on ECB Disappointment, Teen Retailers Slammed | File Type: | Duration: 00:54

Stocks fell in midday trading Thursday after investors were disappointed by the lack of action by the European Central Bank. The ECB said they would wait until next year before making any more moves to stimulate the economy. Retailers are having a rough session on weak earnings. Sears (SHLD) is lower after reporting a loss, even though it was less than what analysts were expecting. Teen retailers are sharply lower. Express (EXPR) and Guess (GES) are down after missing estimates. Aeropostale (ARO) is losing more than 25% after posting an adjusted loss of $0.45 a share in Q3 and reporting falling sales. Microsoft (MSFT) is providing a bright spot. The tech giant is gaining as plans to end its Nook partnership with Barnes and Noble (BKS) gets underway. Microsoft is also higher after a price target boost from Nomura. Barnes and Noble is down almost 10%, the stock is getting pressured by weak quarterly results.

 Stocks Fall at the Open With Disappointment on ECB's Draghi | File Type: | Duration: 00:54

Stocks turned lower at Thursday's opening bell with disappointment on ECB's President Mario Draghi hinting quantitative easing won't happen this year. Draghi said the central bank will wait until next quarter to assess if additional stimulus is needed. Fewer Americans filed for unemployment benefits last week from the week before. Jobless claims decreased to 297,000, slightly more than the 295,000 economists expected. Best Buy (BBY) is getting out of China. The electronics retailer will sell its China business to focus on its North American stores. CBS (CBS) may go dark for some viewers tonight. CBS threatened to pull its channels from the Dish Network (DISH) if the two can't come to agreement on a new contract.

 Disney Ups Dividend; Sears, Dollar General Earnings Before the Bell | File Type: | Duration: 02:41

The futures markets are pointing to a higher open as the markets ready for Thursday's day in trading. Overseas, the markets are seeing green as well. Media giant Disney ups its dividend, thanks to a string of record quarters. The movie Frozen has been a big boon for the stock, both with box office and digital and dvd sales. Sears turns in quarterly results before the bell. Investors will be keen to hear how its turnaround plan is going and if the holiday provides any respite. Finally Dollar General is also due to report. It's pledged its still pursuing its purchase of Family Dollar, despite a competing bid from Dollar Tree. Dollar General needs it to fuel its turnaround and to ward off competition from the likes of Wal-Mart

 Brown-Forman Down on Currency Concerns, Stocks Hit Record | File Type: | Duration: 01:06

Stocks were sluggish Wednesday but the Dow Jones Industrial and the S&P 500 still finished at record highs. Energy was a top performer. Halliburton's (HAL) upward move was also bolstered by a strong start at Oppenheimer with an OUTPERFORM rating. BP (BP) and Schlumberger (SLB) also gained. Exxon Mobil (XOM) contributed to the blue chips' advances. Investors liked the confidence of the oil giant's CEO when he said Exxon can handle crude prices dropping as low as $40 a barrel. Consumer staples struggled. Dow Component Procter and Gamble (PG) and Colgate-Palmolive (CL) both fell nearly 1%. Brown-Forman (BF) slipped 4% after reporting disappointing earnings results. The bourbon producer said that consumption didn't fall but cited foreign exchange issues. Biogen (BIIB) ended sharply higher for the second day in a row. Investors are still cheering the company's positive results from its Alzheimer's drug testing.

 Walgreen Beats Nov. Sales, Oil & Steel Stocks Rise as Markets Hover | File Type: | Duration: 00:50

Stocks hovered on the positive side in midday trading Wednesday with the Dow Jones Industrial right at the flat line. The ISM services index beat expectations in November hitting at 59.3. Economists were expecting the gauge in the U.S. services sector to come in at 57.5. Energy stocks are continuing to rise including ConocoPhillips (COP) and Marathon Oil (MRO). Other commodities stocks are joining in the rally. AK Steel (AKS) is up better than 6% and U.S. Steel (X) is gaining almost 4%. Drug store chain operator, Walgreen (WAG) is rising on better-than-expected sales last month. Walgreen reported same-store sales rose by 4.5%.

 Stocks Flat on Busy Data Day, Abercrombie Disappoints Before the Bell | File Type: | Duration: 00:52

Stocks were little changed at Wednesday's opening bell as investors focus on a load of economic data releasing throughout the day. The private sector added 208,000 jobs in November, less than economists were expecting but still growing at a decent pace. The ADP tally comes before the government's jobs report out Friday. The Labor Department says U.S. worker productivity increased in the third quarter at a rate of above 2%. Labor costs fell for a second straight quarter. Abercrombie & Fitch (ANF) is starting the day lower after disappointing earnings results. The teen retailer reported a 10% drop in same-store sales and gave a lower than expected full year guidance. Peers in the retail space, Guess (GES) and Aeropostale (ARO) will reveal its results after the markets close.

 Ford, GM, Fiat Chrysler Drive Higher as Dow Hit Record Close | File Type: | Duration: 00:53

Wall Street finished higher across the board Tuesday. The Dow Jones Industrial hit another record close. Stocks rose on car makers reporting better-than-expected November sales. American autos Ford (F) and General Motors (GM) drover higher. Fiat Chrysler (FCAU) accelerated the most, up just shy of 3%. Telecoms were today's worst performers. Dow components AT&T (T) and Verizon (VZ) were the blue chips' biggest laggards. But energy stocks led the gains. Chevron (CVX) and Exxon Mobil (XOM) were the Dow's best performers despite oil going back to selling off after yesterday's rise. Crude futures for January delivery settled down more than $2 a barrel. Biogen (BIIB) gained nearly 6.5% after announcing plans to expand its Alzheimer's drug testing.

 Auto Sales Drive Automakers Higher, Major Markets Rise Modestly | File Type: | Duration: 00:43

The major markets made a modest recovery from the prior day's losses at Tuesday's midday trading. Investors are lifted by positive economic data at home and growing optimism for further stimulus overseas. Construction spending increased more than expected in October. Spending rose by 1.1% from September. ISM New York also reported current business conditions were up in November to 62.4 from 54.8 in the prior month. Auto sales were better-than-expected in November. Shares of Ford (F), General Motors (GM) and Fiat Chrysler (FCAU) are all driving higher. M&A is pushing tech stocks higher. Cypress Semiconductor (CY) and Spansion (CODE) are leading the advance, both up significantly in the session after the chipmakers agreed to merge. The deal is valued at $1.6 billion.

 U.S. Stocks Attempt Rebound at Opening Bell on Strong Auto Sales | File Type: | Duration: 00:57

Stocks rebounded mildly at the opening bell on this Tuesday. The International Council of Shopping Centers/Goldman Sachs weekly index showed chain stores sales fell 1.8% for the week ending November 29 from the prior week but were up 2.8% from last year. Walmart (WMT) had a record-breaking Cyber Monday. The retail giant said it had the most online orders in a single day in its history. Mobile sales accounted for nearly 70% of traffic to Walmart.com. Auto sales are off to a good start with Chrysler reporting a 20% jump in sales, while GM sales climbed 6.5%. Ford didn't fare as well with sales dropping 1.8% but less than the 2% drop expected. Opening statements are set to begin in a class action lawsuit that could cost Apple (AAPL) $1billion. Jurors will hear from late founder Steve Jobs, who gave a videotaped deposition, just months before he died. The case involves accusations that Apple monopolized the digital music player market.

 Activist Onslaught, Tech Earnings, Jim Cramer's Holiday Play | File Type: | Duration: 01:42

We're getting back into the earnings pool this morning, and we're expecting Bob Evans to report numbers after the bell -- with a couple of activists closely eyeing the dine-in restaurant, Bob Evans' guidance could be key here. And, after the bell, we'll also see earnings from network security firm Guidewire -- since 2012, Guidewire has been a guiding light for other tech sector IPOs, tacking on big gains, but this year its progress has stalled. Plus, Jim Cramer likes UPS stock -- he says between billions in buybacks, as well as falling oil prices, the shipper could be in for a big holiday season

Comments

Login or signup comment.