Daily Analysis

Dec 22, 2016 11:02 P.M. EST

BY ISABELLA ZHONG

Chinese search engine Baidu (BIDU) may be looking to spin off and list its online video streaming unit iQiyi, the Wall Street Journal reported on Thursday.

Dec 22, 2016 9:11 P.M. EST

BY DANIEL SHANE

Could a bigger drive in Australia speed up a turnaround at Singapore's Comfortdelgro Corp (C52. SG)?

Dec 22, 2016 8:52 P.M. EST

BY DANIEL SHANE

Australian lotteries and wagering giant Tatts Group (TTS. AU) is to reject a rival takeover bid from a Macquarie-led consortium in favor of a merger with peer Tabcorp Holdings (TAH. AU).

Dec 22, 2016 7:28 P.M. EST

BY DANIEL SHANE

Chinese search giant Baidu (BIDU) is planning an initial public offering for iQiyi.com, which would value its video-streaming unit at up to USD5 billion, sources told the Wall Street Journal.

Dec 22, 2016 6:59 P.M. EST

BY DIMITRA DEFOTIS

Brazil's state-controlled oil producer Petroleo Brasileiro (PBR) confirmed late Thursday that it received $5 billion in financing from the Chinese Development Bank.

Dec 22, 2016 6:36 P.M. EST

BY BEN LEVISOHN

Stocks dropped today, though like yesterday it wasn't much of a drop.

Dec 22, 2016 6:11 P.M. EST

BY DIMITRA DEFOTIS

The renegade president of the Philippines, Rodrigo Duterte, has approval ratings that are comparable to most of his predecessors, despite his bloody war on drugs, sabre-rattling against the United States and efforts to cozy up with China.

Dec 22, 2016 4:48 P.M. EST

BY TIERNAN RAY

Internet of Things company CalAmp (CAMP), which this year bought legendary car-theft alarm system LoJack, today closed down $1.42, or 9%, at $14.31, after the company yesterday missed fiscal Q3 expectations and forecast this quarter's results more or less in-line.

Dec 22, 2016 4:10 P.M. EST

BY BEN LEVISOHN

Micron Technology (MU) soared to the top of the S&P 500 today after reporting Street-beating earnings and offering consensus-topping second-quarter guidance.

Dec 22, 2016 4:07 P.M. EST

BY BEN LEVISOHN

Red Hat (RHT) tumbled to the bottom of the S&P 500 today after beating earnings forecasts but missing on sales and announcing that its CFO would leave the company.

Dec 22, 2016 4:03 P.M. EST

BY TIERNAN RAY

BlueFin Research Partners analysts Steve Mullane and Paul Peterson once again today bang the drum for contract chip manufacturer Taiwan Semiconductor Manufacturing (TSM), arguing that the production of the custom “A10” chip designed by Apple (AAPL) for its iPhone 7 continues to drive revenue higher than the Street ...

Dec 22, 2016 2:40 P.M. EST

BY DIMITRA DEFOTIS

McDonald's is selling mainland China and Hong Kong restaurants to Chinese state-owned Citic Group and U.S. private-equity player Carlyle Group, according to the Nikkei Asian Review.

Dec 22, 2016 2:15 P.M. EST

BY JOHANNA BENNETT

What do you want for Christmas? If it's lower fees on mutual funds, Vanguard Group is playing Santa. The Pennsylvania-based fund giant today reported lower expense ratios on a slug of 35 funds, including 11 ETFs.

Dec 22, 2016 2:08 P.M. EST

BY TIERNAN RAY

Shares of DRAM and NAND flash memory-chip maker Micron Technology (MU) are up $2.67, or 13%, at $23.25, adding to last night's after-hours gains, after the company beat fiscal Q1 expectations and forecast this quarter's results well above consensus.

Dec 22, 2016 1:57 P.M. EST

BY TERESA RIVAS

With 2017 just around the corner, Congress has its work cut out for it, as it must approve an increase to the US government's debt ceiling. If it doesn't, that could translate into volatility for Treasuries, according to Invesco's Justin Mandeville.

Dec 22, 2016 1:52 P.M. EST

BY BEN LEVISOHN

There's little worse than having a government investigation to limit the upside in a stock. Perhaps that's why shares of Teva Pharmaceutical Industries (TEVA) are gaining today after the company announced that it had reached an agreement to pay $519 million to settle charges that ...

Dec 22, 2016 1:39 P.M. EST

BY TIERNAN RAY

Shares of Linux and open-source software distributor Red Hat (RHT) are down $10.16, or almost 13%, at $69.63, outpacing the broader market's decline, after the company yesterday said its CFO is stepping down to become head of another company, and after reporting fiscal Q3 revenue ...

Dec 22, 2016 1:31 P.M. EST

BY DIMITRA DEFOTIS

The surprise elimination of 85% of India's currency in a cash-based society could cause deep economic pain in 2017, but long-term investors should see that as an opportunity, Calamos Investment Management says.

Dec 22, 2016 1:12 P.M. EST

BY TIERNAN RAY

Shares of Microsoft (MSFT) are trading down by 2 cents, at $63.51, with the overall sag in the market, despite multiple positive mentions this morning from sell-side analysts.

Dec 22, 2016 12:57 P.M. EST

BY JOHANNA BENNETT

Wall Street's fear index shows that investors are feeling comfortable right now. But will volatility return as the calendar turns to 2017?

Dec 22, 2016 12:43 P.M. EST

BY DIMITRA DEFOTIS

Here are five articles focused on India we recommend with the iShares MSCI India exchange-traded fund (INDA) down 1.4% in midday trading, the iShares India 50 ETF (INDY) down 1.2% and Aberdeen's India Fund (IFN) down 0.7%.

Dec 22, 2016 11:46 A.M. EST

BY BEN LEVISOHN

Finish Line (FINL) released earnings yesterday that were so bad that five firms--BofA Merrill Lynch, B. Riley, Canaccord Genuity, Wedbush, and Monness Crespi--cut their ratings on the stock today. Mizuho's Alex Pham and Betty Chen try to remain optimistic:

Dec 22, 2016 11:46 A.M. EST

BY JOHANNA BENNETT

Oil prices recovered from an earlier dip, with Brent crude, the global benchmark rising to just over $55 a barrel.

Dec 22, 2016 11:39 A.M. EST

BY DIMITRA DEFOTIS

Chinese internet giant Baidu (BIDU) plans an offering of its video-streaming website that could raise $1 billion or more.

Dec 22, 2016 11:36 A.M. EST

BY BEN LEVISOHN

Conagra Brands (CAG) cooked up an earnings beat this morning, sending its shares sizzling higher.

Dec 22, 2016 11:25 A.M. EST

BY BEN LEVISOHN

RBC analyst David Palmer and team take a look at the post-Trump landscape, and like what it means for restaurant stocks like McDonald's (MCD), Panera Bread (PNRA), and Starbucks (SBUX). They explain why:

Dec 22, 2016 11:21 A.M. EST

BY TIERNAN RAY

If it's Thursday, which it is, it must be time for another check into how 's (AAPL) supply and demand are doing.

Dec 22, 2016 11:18 A.M. EST

BY DIMITRA DEFOTIS

Liberalized profit-sharing rules for Brazil's indebted, state-controlled oil producer Petroleo Brasileiro (PBR) are yielding greater drilling rights announced Thursday for Total (TOT).

Dec 22, 2016 11:05 A.M. EST

BY BEN LEVISOHN

Many financial companies will get a boost from higher interest rates. Not American Express (AXP), contend Pacific Crest analysts Josh Beck and Ankit Kapoor, but they raised their fair value target on the beleaguered credit-card company, noting that "potentially more accommodating regulatory posture and the ...

Dec 22, 2016 11:04 A.M. EST

BY JOHANNA BENNETT

Gold prices inched higher Thursday, but remained on track to end yet another week in the red. Raymond James's Chris Thompson joined the list of analysts

Dec 22, 2016 10:54 A.M. EST

BY BEN LEVISOHN

Nike (NKE) released its earnings yesterday, and they did little to resolve the dispute between the bulls--who argue that the athletic-shoe company's recent woes were simply a hiccup--and the bears--who argue that Nike faces bigger problems. I made the bearish case in my Trader column ...

Dec 22, 2016 10:45 A.M. EST

BY TIERNAN RAY

Dec 22, 2016 10:42 A.M. EST

BY BEN LEVISOHN

Shares of Alexion Pharmaceuticals (ALXN) have dropped more than 35% this year as concerns about a whistleblower lead to the delay of its 10-Q and the departure of its CEO and CFO. Alexion's woes could make it a target for an acquisitive biotech giant like ...

Dec 22, 2016 10:33 A.M. EST

BY TERESA RIVAS

Late Wednesday, Sunoco (SUN) announced it had amended some of the terms of its $1.5 billion Revolving Credit Facility and $2.0 billion Term Loan Agreement “to provide temporary covenant relief and financial flexibility over the upcoming quarters.”

Dec 22, 2016 10:27 A.M. EST

BY BEN LEVISOHN

Sarepta Therapeutics (SRPT) gained so much ground in such a short period of time that something had to give. And give it did, with recent analyst reports citing concerns about uptake and the willingness of insurers to pay for its Duchenne Muscular Dystrophy treatment as ...

Dec 22, 2016 10:26 A.M. EST

BY DIMITRA DEFOTIS

The latest data show Mexico's seasonally adjusted GDP advanced 0.2 percent in October from September, and was up 2.1% from the year-ago period.

Dec 22, 2016 10:10 A.M. EST

BY TERESA RIVAS

If Jose Canseco can't become the ambassador to Cuba or Fed Chairman, he's willing to give out free financial advice, including telling investors  to stay away from S&P Index funds, given his belief that REITs are doomed with rising rates.

Dec 22, 2016 10:05 A.M. EST

BY BEN LEVISOHN

This has not been Procter & Gamble's (PG) month, at least when it comes to analyst ratings. Last week, Deutsche Bank downgraded the consumer-products giant, and that cut was followed by another from Stifel yesterday. And today, SunTrust Robinson Humphrey's William Chappell and Stephanie Benjamin followed suit. ...

Dec 22, 2016 9:40 A.M. EST

BY JOHANNA BENNETT

The push to create a closer-knit European banking system is struggling to overcome a basic hurdle: Lenders aren't merging. -- WSJ

Dec 22, 2016 9:39 A.M. EST

BY TERESA RIVAS

Yum Brands (YUM) declared a quarterly dividend of 30 cents a share, its first dividend since it split off its China business on November 1.

Dec 22, 2016 9:02 A.M. EST

BY BEN LEVISOHN

A quiet day yesterday looks set to be followed by a quiet open this morning, despite higher-than-expected jobless claims and an upward revision to third-quarter GDP.

Dec 22, 2016 1:21 A.M. EST

BY SHULI REN

Honda Motor (7267.Japan/HMC) is in talks with Waymo, the self-driving spin-off of Google parent Alphabet (GOOGL), regarding a deal that would put Google's self-driving technology into some of Honda's cars.

Dec 22, 2016 1:14 A.M. EST

BY SHULI REN

South Korea's memory chip producer SK Hynix (000660.Korea) rose as much as 3.3% after competitor Micron (MU) posted its first revenue rise in seven quarters and beat Street estimates.  But Hynix lost most of its gains and was up only 0.9% recently after saying it ...

Dec 21, 2016 6:31 P.M. EST

BY DIMITRA DEFOTIS

Correction: a previous version of this post reversed Evercore ISI ratings on JD.com and Baidu shares. The text reflects corrected ratings.

Dec 21, 2016 6:23 P.M. EST

BY DIMITRA DEFOTIS

U.S. Office of the Trade Representative on Wednesday returned Chinese e-commerce giant Alibaba Group Holding (BABA) to a list of the world's largest destinations for fake goods, Bloomberg reports.

Dec 21, 2016 6:19 P.M. EST

BY TIERNAN RAY

Shares of Micron Technology (MU) are up $1.99, or over 10%, at $22.57, in late trading, adding to earlier gains, after the company this afternoon easily beat fiscal Q1 expectations, and forecast revenue and profit this quarter that crushed consensus.

Dec 21, 2016 5:36 P.M. EST

BY BEN LEVISOHN

Stocks slipped today as the Dow Jones Industrial Average traded in its narrowest single-day range since 2014.

Dec 21, 2016 5:15 P.M. EST

BY TIERNAN RAY

Shares of Micron Technology (MU) are up $1.93, or over 9%, at $22.51, maintaining earlier gains, after the company this afternoon easily beat fiscal Q1 expectations, as its conference call with analysts proceeds.

Dec 21, 2016 4:56 P.M. EST

BY TERESA RIVAS

Thornburg Investment Management's municipal bond portfolio managers Chris Ryon and Nick Venditti take a look at what the muni market will look like under the new administration. The verdict: There's still a lot of uncertainty.

Dec 21, 2016 4:42 P.M. EST

BY TIERNAN RAY

Linux and open-source distributor Red Hat (RHT) this afternoon announced its chief financial officer, Frank Calderoni, is stepping down, to become CEO of another company, sending the shares down almost 14% in late trading.

Dec 21, 2016 4:34 P.M. EST

BY BEN LEVISOHN

TripAdvisor (TRIP) tumbled to the bottom of the S&P 500 today, a reversal of yesterday's big gain following the news that Expedia (EXPE) would participate in its Instant Booking program.

Dec 21, 2016 4:17 P.M. EST

BY BEN LEVISOHN

Southwestern Energy (SWN) soared to the top of the S&P 500 today after the price of natural gas soared the most since 2015 today.

Dec 21, 2016 4:16 P.M. EST

BY TIERNAN RAY

[Updates with share price action at bottom]

Dec 21, 2016 4:10 P.M. EST

BY JOHANNA BENNETT

A few headlines for fund and ETF investors:

Dec 21, 2016 3:54 P.M. EST

BY JOHANNA BENNETT

With the Dow Jones Industrial Average hovering just shy of 20,000, the exchange-traded fund that tracks the Blue Chip benchmark is near a milestone of its own.

Dec 21, 2016 3:30 P.M. EST

BY TIERNAN RAY

Memory chip maker Micron Technology (MU) reports fiscal Q1 results this afternoon, after the closing bell, and analysts are tuning up their model this morning.

Dec 21, 2016 3:19 P.M. EST

BY DIMITRA DEFOTIS

Indebted Brazilian mining giant Vale (VALE) opened its largest iron ore mine ever this week, and is pushing ahead with agreements to restart its troubled Samarco operation.

Dec 21, 2016 3:06 P.M. EST

BY BEN LEVISOHN

Remember when Warren Buffett's Berkshire Hathaway (BRK.B) bought shares of American Airlines (AAL), United Continental (UAL), Delta Air Lines (DAL), and Southwest Airlines (LUV). Short sellers sure do--and they've been running for cover ever since. S3 Partners' Ihor Dusaniwsky explains:

Dec 21, 2016 2:42 P.M. EST

BY TIERNAN RAY

Shares of telecom vendor (NOK) were briefly halted and are now down 7 cents, or 1.5%, at $4.83, after the company said it is suing (AAPL) for infringement of 32 patents pertaining to displays, user interface, software, antennas, chipsets and other functions.

Dec 21, 2016 1:19 P.M. EST

BY DIMITRA DEFOTIS

Nomura Instinet analysts are favorable on hotel-casino operators in Vegas, and less enthusiastic about Macau in their 2017 outlook.

Dec 21, 2016 1:06 P.M. EST

BY BEN LEVISOHN

Yesterday, Allergan (AGN) announced that it would buy LifeCell, a maker of plastic surgery products, and while an Allergan deal is nothing new--this is its twelfth acquisition of the year--this one looks quite different. Gabelli's Kevin Kedra explains why:

Dec 21, 2016 1:04 P.M. EST

BY BEN LEVISOHN

Nike (NKE) was up more than 3% in after-hours trading yesterday after releasing its earnings after the close. Now it's up just 0.4%. What gives? Morgan Stanley's Jay Sole and team explain how Nike was "caught offside":

Dec 21, 2016 12:34 P.M. EST

BY DIMITRA DEFOTIS

Apple (AAPL) wants financial incentives to manufacture in India, according to The Wall Street Journal.

Dec 21, 2016 12:20 P.M. EST

BY BEN LEVISOHN

Last night, New York Community Bancorp (NYCB) and Astoria Financial (AF) called off their merger. Though no reason was given, such announcements aren't unusual, and, in fact, have been rising. KBW's Brian Gardner and Michael Michaud "suspect that regulatory hurdles are the reason behind a ...

Dec 21, 2016 12:20 P.M. EST

BY TERESA RIVAS

Janney's Paul Knight recently took a look at life science stocks, writing that the disposable nature laboratory instruments and consumables means their producers are a logical group for dividend growth, and many of the stocks in his coverage are increasing their payouts.

Dec 21, 2016 12:07 P.M. EST

BY TERESA RIVAS

Navistar International (NAV) logged another difficult fourth-quarter, but investors are upbeat

Dec 21, 2016 11:22 A.M. EST

BY TERESA RIVAS

Moody's John Puchalla takes a look at the firm's Liquidity Stress Index (LSI), which will finish 2016 with a drop for the year.  He writes that that's a strong sign that speculative-grade defaults will moderate in 2017.

Dec 21, 2016 11:21 A.M. EST

BY TIERNAN RAY

Pacific Crest's Brad Erickson today reiterates a Sector Weight on shares of fitness wearables pioneer Fitbit (FIT), writing that he thinks inventory of its devices may be too high in the U.S., thus imperiling the Street's expectations for Q1.

Dec 21, 2016 11:20 A.M. EST

BY TIERNAN RAY

Apple (AAPL) and Alphabet's (GOOGL) Google division have a “stable duopoly” in the U.S. market for smartphones, writes Raymond James's Tavis McCourt today, after taking a survey via the Web of 500 U.S. consumers this month, finding ownership has held steady for the iPhone and Android camps.

Dec 21, 2016 11:09 A.M. EST

BY BEN LEVISOHN

Yesterday, shares of Fred's (FRED) jumped more than 80% after it agreed to buy 865 stores from Rite Aid (RAD) as part of that firm's merger with Walgreens Boots Alliance (WBA), more than doubling the number of its stores. In a note published yesterday, SunTrust ...

Dec 21, 2016 11:03 A.M. EST

BY TIERNAN RAY

Piper Jaffray's Andrew Nowinski this morning offers up to clients a summary of a meeting he assembled last week between investors and security technology consultants and resellers, the substance of which was encouraging for vendors Palo Alto Networks (PANW), Symantec (SYMC), and Proofpoint (PFPT), but discouraging for FireEye (FEYE)

Dec 21, 2016 11:02 A.M. EST

BY TIERNAN RAY

Shares of local listings pioneer Yelp (YELP) are up $1.06, or 2.8%, at $38.20, after RBC Capital's Mark Mahaney this morning issued a note to clients calling it his “#1 small-cap long for 2017,” given survey results that show rising brand awareness and usage, and also a ...

Dec 21, 2016 11:00 A.M. EST

BY DIMITRA DEFOTIS

HSBC European Economist Fabio Balboni dryly delivers the reality for the Hellenes' role in European politics: "as is often the case with Greece, unforeseen events can derail progress."

Dec 21, 2016 10:57 A.M. EST

BY BEN LEVISOHN

FedEx (FDX) released its earnings after yesterday's close, and it's fair to say they were a flop, as shares of the express shipper have dropped more than 2% this morning.

Dec 21, 2016 10:52 A.M. EST

BY TERESA RIVAS

Veteran high yield bond analyst Marty Fridson, chief investment officer of Lehmann Livian Fridson Advisors and contributor to S&P Global Market Intelligence's LCD News takes a look at the high yield market Wednesday, writing that it is still suffering from “extreme overvaluation.”

Dec 21, 2016 10:52 A.M. EST

BY JOHANNA BENNETT

Last week, Virtus Investment Partners (VRTS) announced plans to buy RidgeWorth Investments, a $472 million deal that will diversify and double its assets under management.

Dec 21, 2016 10:46 A.M. EST

BY BEN LEVISOHN

Nike (NKE) released earnings after yesterday's market close that seem to have relieved some investor concerns about its future--concerns I raised in a bearish take on the company in my Trader column this past weekend.

Dec 21, 2016 10:37 A.M. EST

BY TERESA RIVAS

Sunoco (SUN) hasn't had a good year, with the shares down 40.5% since the start of 2016 and touching a new all-time low last month, but Credit Suisse thinks now is the time to buy.

Dec 21, 2016 10:37 A.M. EST

BY BEN LEVISOHN

Valeant Pharmaceuticals International (VRX) has been beaten down and beaten up as its pricing scandal has led to debt woes, dashed hopes for asset sales, and concerns that the company could be finished. Now, Piper Jaffray's Joshua Schimmer and team see a "massively dilutive equity ...

Dec 21, 2016 10:37 A.M. EST

BY JOHANNA BENNETT

The nation's largest manager of alternative assets, Blackstone Group (BX), is closing its two-year-old Senfina Advisors after it lost almost a quarter of its value in 2016.

Dec 21, 2016 10:36 A.M. EST

BY BEN LEVISOHN

Sarepta Therapeutics (SRPT) has dropped nearly 50% during the past three months as investors have worried about whether doctors will prescribe its Duchenne Muscular Dystrophy treatment, and whether insurers would pay for it. Leerink's Joseph Schwartz and team write that Sarepta's tumble "appropriately reflects [the] ...

Dec 21, 2016 10:36 A.M. EST

BY BEN LEVISOHN

Shares of Gilead Sciences (GILD) have been struggling for the past year and a half, and many investors see just one way out for Gilead: an acquisition.  In a report that offered 17 potential biotech surprises for 2017, Piper Jaffray's Joshua Schimmer and team see ...

Dec 21, 2016 10:35 A.M. EST

BY BEN LEVISOHN

Another week, another downgrade for Procter & Gamble (PG).  Last week, the consumer products giant was cut to Hold by Deutsche Bank, which cited a lack of catalysts. Last night, Stifel's Mark Astrachan and Claire Chamberlin joined the cutting club by cutting Procter & Gamble to Hold ...

Dec 21, 2016 9:42 A.M. EST

BY BEN LEVISOHN

Chesapeake Energy (CHK) has been busy selling unnecessary assets and paying down debt, something it continued yesterday with a second Louisiana sale. Wunderlich's Jason Wangler contends that "Christmas [has come] early as the second Haynesville sale [hit] at a solid price." He explains:

Dec 21, 2016 9:42 A.M. EST

BY TERESA RIVAS

Both Amgen (AMGN) and Moody's (MCO) raised their dividends Tuesday evening, but the news hasn't done much to help the stocks.

Dec 21, 2016 9:39 A.M. EST

BY DIMITRA DEFOTIS

Don't fear the Fed, and instead embrace technology and smallcaps.

Dec 21, 2016 9:31 A.M. EST

BY DIMITRA DEFOTIS

When China sneezes, markets get a cold. So how much does it matter that the yield on AAA- Chinese corporate bonds has spiked?

Dec 21, 2016 9:29 A.M. EST

BY TIERNAN RAY

Here are some things going on today in your world of tech:

Dec 21, 2016 9:27 A.M. EST

BY TERESA RIVAS

Last week, the Federal Reserve adopted a final rule on the amount of total loss-absorbing capacity (TLAC) that globally systemically important banks in the US will have to hold, relative to assets.

Dec 21, 2016 8:55 A.M. EST

BY BEN LEVISOHN

The S&P 500 look set to open slightly lower a day after the Dow Jones Industrial Average failed to trade 20,000.

Dec 21, 2016 2:43 A.M. EST

BY SHULI REN

The stock markets so far are taking the Federal Reserve's hawkish hike last week with stride. But don't be too complacent, warns Goldman Sachs.

Dec 20, 2016 11:44 P.M. EST

BY SHULI REN

The Hang Seng China Enterprises Index rose 0.6%, led by gains from industrial companies after China's State Council said it would push for mixed-ownership reform in civil aviation, telecommunications and defense industries next year.

Dec 20, 2016 11:06 P.M. EST

BY TIERNAN RAY

Lou Basenese,who is one half of a two-person outfit unconnected to brokerage, today hurled over the transom an interesting write-up on the publicly traded startup Energous (WATT) of San Jose, and what seems to him to be mounting evidence of a deal with Apple (AAPL) to supply ...

Dec 20, 2016 10:49 P.M. EST

BY SHULI REN

Taiwan's PC hardware manufacturer Acer (2353.Taiwan) tumbled 3.8% after saying it would write down most of its  cloud services assets it bought in 2011 for $320 million.

Dec 20, 2016 10:35 P.M. EST

BY SHULI REN

China's bond market has been on a bull run since 2013, almost doubling the market size to 44.8 trillion yuan. The 5-year Chinese government bond yield fell by 1.85 percentage points to 2.58% during that time.

Dec 20, 2016 9:08 P.M. EST

BY SHULI REN

We should expect the following 5 key global themes in 2017, according to J.P. Morgan:

Dec 20, 2016 7:51 P.M. EST

BY DIMITRA DEFOTIS

The consolidation of agricultural chemicals production has attracted short sellers this year, but they are slowly unwinding their positions.

Dec 20, 2016 7:49 P.M. EST

BY DIMITRA DEFOTIS

The Egyptian pound (EGP) has produced a cumulative loss of more than 55% with devaluation this year, and Brown Brothers Harriman strategists don't see much upside.

Dec 20, 2016 7:35 P.M. EST

BY TIERNAN RAY

Shares of Twitter (TWTR) are down 7 cents, or 0.4%, at $17.85, after the company's chief technology officer, Adam Messinger, this afternoon tweeted he's leaving the company after five years.

Dec 20, 2016 6:40 P.M. EST

BY DIMITRA DEFOTIS

A day after Mosaic (MOS) agreed to pay Brazil mining giant Vale (VALE) $2.5 billion in cash and stock for agricultural fertilizer assets, the shares in each company failed to fully recover.