A pair of new election polls out on Friday shows Democrat Hillary Clinton leading Republican Donald Trump in an extremely close race. A Quinnipiac poll puts Clinton’s lead at 5 percent, and a Rasmussen poll shows it at only 1 percent. An LA Times/USC Tracking poll, on the other hand, has Trump in the lead…
Gap Inc NYSEGAP traders saw enough from the company’s September sales numbers to send the stock soaring 14.4 percent in Friday’s session. Deutsche Bank analyst Paul Trussell has also seen enough from Gap to upgrade the stock from Sell to Hold.
Benzinga had the chance to speak to TD Ameritrade’s J.J. Kinahan on Friday about the mixed September U.S. jobs report and what it means for the stock market and the economy. Kinahan also discussed the possibility of an interest rate hike by the end of the year.
The Obama Administration has announced that the so-called Paris Agreement is officially set to go into effect next month. The global climate change agreement, which has now been adopted by 73 countries accounting for 56.8 percent of global greenhouse gas emissions, has set a long-term goal of preventing global temperatures from rising more than 2…
Last week, OPEC announced its first crude oil production cut since 2008. Shares of oil stocks have skyrocketed in the days since the announcement.
BlackRock, Inc. BLK 0.22% management has been forced to make the tough decision to fork over $0.30 of annual EPS in order to maintain its ETF market share. Wells Fargo has reported that BlackRock cut its fees on its 15 U.S. iShares Core Series ETFs in order to stay competitive in the space.
EBay Inc EBAY 0.13% has acquired privately-held tech company Corrigon for a price reportedly less than $30 million. Baird analyst Colin Sebastian sees the acquisition as an under-the-radar move to boost eBay’s machine learning capabilities. Corrigon specializes in visual search technology.
Darden Restaurants, Inc. DRI 0.64% kicked off restaurant earnings season this week with a big bottom-line beat. After initially spiking as high as $63.32 on the news, Darden shares have settled back down to around $61.65 following the beat.
MGM Resorts International MGM 0.83% could continue to benefit from positive growth trends in its two biggest markets. Argus analyst John Staszak has upgraded MGM from Hold to Buy based on solid Las Vegas numbers and a potential rebound in the Macau market headed into 2017.
One of solar energy’s most vocal bears flipped bullish this week, as Axiom analyst Gordon Johnson upgraded SolarCity Corp SCTY 3.15% from Sell to Hold and Trina Solar Limited (ADR) TSL 0.29%, JA Solar Holdings Co., Ltd. (ADR) JASO 2.13% andYingli Green Energy Holding Co Ltd (ADR) YGE 1.05% from Sell to Buy.