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Business

Stock market news: November 18, 2019

The S&P 500 and Dow turned positive in mid-morning Monday as investors considered mixed signals of development in a US-China interim trading agreement. Here are the major moving markets, as of 11:50 am ET: S&P 500 ( ^ GSPC ) : + 0.01%, or 0.46 points Dow ([19659004] ^ DJI ) : + 0.06%, or 16.62 points Nasdaq ( ^ …

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Amarin Stock Gets a Reduction After a Blockbuster Week

Citi Research downgraded Amarin stock on Monday. Photo by Louis Reed Text size After the biotech firm Amarin blockbuster week last week, where the stock jumped 37% on news around the cardiovascular drug company Vascepa, analysts at Citi Research lowered the firm. They believe the promise of medicine is now priced. Citi Research analyst Joel Beatty downgraded Amarin to Neutral …

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Premarket stocks: The easy money boom is over now

But as the global economy slowed, dividend growth returned to Earth. "We have been keeping investors informed throughout the year that the rapid earnings growth enjoyed over the last few years is set to return to more normal levels," asset manager Janus Henderson said in a report released Monday. The trend started in the second quarter and drifted into the …

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China cut short-term funding rates for the first time since 2015

The headquarter building of People's Bank of China. Zhang Peng | LightRocket | The Getty Images China's central bank unexpectedly trimmed a closely watched lending rate on Monday, the first such cut in more than four years and a signal in markets that policymakers are ready to take action to expand the slowdown. People's Bank of China (PBOC) told its …

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Emirates announces order for 50 Airbus A350 jets

An Airbus A380-800 passenger plane by Emirates Airlines at Moscow's Domodedovo Airport. Mikhail Tereshchenko | TASS | Photos of Getty DUBAI, United Arab Emirates – Emirates has ordered 50 Airbus A350 jets, Dubai state planes announced at the Dubai Air Show on Monday. Order list prices sit at $ 16 billion, but a steep discount is usually agreed by airlines. …

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Near Ford's electric Mustang SUV, the Mach-E

Ford just wrapped the Mustang Mach-E, an all-electric SUV that promises to make the Mustang more practical when it is released in late 2020. (Full details here.) the company's first long-range electric car, and Ford's only other vehicle to be called a Mustang – the last of which has been ridden. It was a bold move to take an iconic …

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Dubai Air Show: The man who puts a jolt on electric air racing

Copyright copyright Air Race E Image caption Jeff Zaltman runs a successful aircraft racing competition At conference meetings and at the edges of this week's Dubai Air Show there was a lot of talk about future flight. But one of the most significant advances can easily be missed by the giant airliners and supersonic fighters at the Exhibit. The organizers …

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