Markets

SEC Fines Cetera Again $10 Million For Alleged Fraud

The Securities and Exchange Commission (SEC) is seeking to recover an additional $10 million in its case against two companies of the Cetera Finance Group for alleged fraud. The firms did not disclose conflicts of interest to clients relating to the compensation of approximately $ 21 million of mutual funds and their external compensation agent, […]

If You Want Cannabis Legalized: Help Vets Grow

The change in national perception towards cannabis here in the USA has been quite astonishing to witness over the 16 years I’ve been living here in the San Francisco ‘Bay Area’ having moved from London in 2003. read more

Benzinga's Bulls And Bears Of The Week: Beyond Meat, Netflix, Johnson & Johnson And More

Benzinga has examined the prospects for many investor favorite stocks over the past week. Bullish calls included a second-tier telecom and a fast-casual restaurant leader. Bearish calls included beleaguered health care giant and an international bank. read more

The Week In Cannabis: Good Policy News, Mixed Stock Performance, Strong Week For ETFs

This week marked one year since the rollout of the adult-use cannabis program in Canada, and America’s hat celebrated by adding edibles, beverages and vapes to the list of approved products. read more

Report: Cannabis Brands Stiiizy, Lowell And Dosist Dominate Marketing, While Mattio PR 'Moves The Needle'

With a focus on consumer-facing cannabis brands, Pioneer Intelligence helps industry stakeholders better understand how marketing and communications strategies resonate with audiences. read more

New Cannabis Products: Beboe's Cream And Balm, Quicksilver's CBD, A Cold Brew

As the cannabis market expands, it's hard to keep track of the many products that launch every week. Benzinga put together a short list of some of the most interesting new cannabis products launched recently. read more

Busted Driving With Marijuana? You May Lose Your Vehicle

By The Fresh Toast's Mike Adams, provided exclusively to Benzinga Cannabis. read more

Malaysia held talks with Goldman over 1MDB charges: report

Malaysia held talks with Goldman Sachs about dropping charges against three units of the Wall Street bank that prosecutors brought over the multi-billion-dollar 1MDB scandal, a report said Thursday. Huge sums were stolen from Malaysian state fund 1MDB in a fraud allegedly involving former leader Najib Razak and his cronies, and spent on everything from […] The post Malaysia held talks with Goldman over 1MDB charges: report appeared first on Live Trading News.

DOT Rolls Out "Freedom Gas" Rail Plan

The Trump Administration is moving forward to allow railroads to ship liquefied natural gas (LNG) in tank cars through a plan that was immediately rejected by Congressional Democrats. read more

China says efforts ‘accelerated’ on US trade deal

China said Thursday that its negotiators have “accelerated efforts” to hammer out the details of a partial deal with the United States, as the two sides edge towards an agreement in a lingering trade war. The initial deal was announced on Friday by US President Donald Trump and included promises to increase purchases of US […] The post China says efforts ‘accelerated’ on US trade deal appeared first on Live Trading News.

NASDAQ Composite (.IXIC) Climb on Tentative Brexit Deal, Solid Earnings

NASDAQ Composite (.IXIC) Climb on Tentative Brexit Deal, Solid Earnings A positive opening today for the markets following decent enough economic data. Earnings, trade talks and a tentative Brexit deal are also positives today helping lift equities. Wednesday, stocks closed mixed to slightly lower with small caps outpacing their large cap brethren. The Russell 2000 finished […] The post NASDAQ Composite (.IXIC) Climb on Tentative Brexit Deal, Solid Earnings appeared first on Live Trading News.

Port Report: Long Beach Moves Record Number Of Containers In September

In a reversal of a downward trend this year, the Port of Long Beach said that its terminals handled 706,956 TEU of containers in September, a slight 0.8% increase in volume over September 2018. It was the highest amount of container traffic handled in one September in the port's 108-year history. read more

Charleston Port Moves Chassis Off Terminal To Boost Truck Fluidity

Drayage drivers serving the port of Charleston will soon start using a new off-terminal chassis depot as the fifth-largest U.S. East Coast seaport preps to handle higher container volumes. The South Carolina Ports Authority said the REO Chassis Depot will open October 26. Drivers will no longer be able to drop off bare chassis at the Wando Welch Terminal as of that date. read more

FAA Concerned About Boeing Text Messages That May Indicate Company Misled Agency On 737 Max

Boeing Co's (NASDAQ: BA) stock plummeted Friday after a report that the company this week gave federal investigators text messages from 2016 suggesting it may have misled officials probing the grounded 737 MAX airplane. read more

Report: Rising Number Of Working Women Fuels Growth In Designer Handbags

The luxury market is forecast to grow rapidly despite the U.S. trade representative's recent announcement of a list of $7.5 billion in tariffs on European products that take effect Friday. read more

Pound Sterling Swings As Brexit Talks Heat Up

News of a Brexit agreement triggered a rally in the pound sterling this week. read more

Freight Volumes Cool Off Significantly This Week

Outbound tender volumes (OTVI.USA) rose by just 1.35% year-over-year this week, down sharply compared to the year-to-date high of 6.78% from two weeks ago. While tepid, this continues their upward trajectory and extends their multi-week winning streak dating back to late July, when OTVI first crossed over to positive on July 24. It has been positive on a year-over-year basis since. read more

Modulus, A Provider Of High-Performance Trading Tech, Takes On Digital Assets

Benzinga is highlighting nominees for the fifth annual Benzinga Global Fintech Awards ahead of the event Nov. 19 in New York City. One nominee is Modulus, a fintech servicing traders, brokerages, and educational institutions. read more

CollegeHumor's DROPOUT TV To Debut Season 2 Of Cannabis-Themed Game Show 'Paranoia'

CollegeHumor’s DROPOUT will debut season two of "Paranoia," the cannabis-filled elimination game series, on their subscription-based streaming service on Nov. 5. A new episode of the nine-episode season will be released every Tuesday through Dec. 31. read more

Oracle Co-CEO Mark Hurd Dies At 62

Mark Hurd, co-CEO of Oracle Corporation (NYSE: ORCL) and former head of HP Inc (NYSE: HPQ), died Friday after a month-long leave of absence for health reasons. read more

What The Truck?!? Freightmare On Elm St.

Bang your little cowbell into the weekend with Dooner & Chad on today's What The Truck?!? read more

PreMarket Prep Recap: Charting Gildan's Plunge, Buying E-Trade Off The Q3 Print

Retail stocks were in the spotlight on Friday's PreMarket Prep show following Gildan Activewear Inc (NYSE: GIL) blindsiding of investors after-hours with lower third-quarter and full-year guidance. read more

UBS Cuts Union Pacific's Price Target On Weaker Volumes

Union Pacific Corporation (NYSE: UNP) may report soft volumes for the fourth quarter of 2019 and the volume weakness could persist in the first half of 2020, according to UBS. Latest Ratings for UNP Date Firm Action From To Oct 2019 Maintains Underweight Oct 2019 Maintains Outperform Oct 2019 Maintains Outperform View More Analyst Ratings for UNP View the Latest Analyst Ratings read more

Bank Of America Upgrades Chipotle On Stronger Comps, Margin Outlook

Chipotle Mexican Grill, Inc. (NYSE: CMG) could beat near-term consensus expectations, backed by strong sales momentum, normalizing avocado prices and initiatives to improve margins, according to Bank of America. Latest Ratings for CMG Date Firm Action From To Oct 2019 Maintains Equal-Weight Oct 2019 Maintains Buy Oct 2019 Upgrades Underperform Neutral View More Analyst Ratings for CMG View the Latest Analyst Ratings read more

Mid-Afternoon Market Update: Dow Drops 200 Points; Gildan Activewear Shares Plummet

Toward the end of trading Friday, the Dow traded down 0.74% to 26825.68 while the NASDAQ fell 0.70% to 8099.74. The S&P also fell, dropping 0.25% to 2,990.36. read more

How Is Legal Cannabis Changing Workplace Drug Testing?

By NowSourcing. read more

Freight Futures Daily Curve: 10/18

Freight Futures market to watch today: read more

Exelon's Legal Troubles Jolt Stock

Interest in shares of Chicago-based Exelon Coproration (NASDAQ: EXC), the largest U.S. nuclear power plant operator, spiked this week amid a federal probe that brought subpoenas and the sudden retirement of the head of the company's utilities unit. read more

Why MKM Is Neutral On These 3 Social Media Stocks

Social media users have plenty to type about these days, but not every platform is buzzing. MKM Partners is on the fence about the near-term prospects of three socials in particular. Latest Ratings for PINS Date Firm Action From To Oct 2019 Initiates Coverage On Neutral Sep 2019 Initiates Coverage On Market Perform Aug 2019 Upgrades Hold Buy View More Analyst Ratings for PINS View the Latest Analyst Ratings read more

M&A Bankers Start To Price In Recession Risk

It's a fact that merger and acquisition activity in the third-party logistics (3PL) space has cooled this year. It's harder for freight brokerages to achieve robust organic revenue growth because paper and spot trucking rates have been trending downward for a year. read more

Need For Expediting Safety Measures Across Unsecured Parking Lots Leading To Alignment Of Standards

The Transported Asset Protection Association (TAPA) has announced that it will explore the benefits of aligning its Parking Security Requirements (PSR) industry standard with the newly established European Commission's (EC) Safe & Secure Parking Places for Trucks programme. read more

Stage Is Set For Next Wave Of Ships-For-Shares Deals

Larger U.S.-listed ship owners are poised to grow larger still via so-called ship-for-share deals, in which the fleet seller takes stock in lieu of cash. read more

Large Salesforce Option Traders Betting On A Bullish Bounce

Shares of salesforce.com, inc. (NYSE: CRM) are down 9.3% in the past three months ahead of the company’s third-quarter earnings report expected out in late November. read more

HelloFresh Pushes Towards Leaner And More Centralized Last-Mile Meal-Kit Delivery

At the 3PL & Supply Chain Summit in Brussels, Thomas Stroo, the head of logistics at meal-kit delivery startup HelloFresh, highlighted the company's success in creating a lean and centralized supply chain that can be micr read more

Today's Pickup: Logistics Solutions Boost CBD Pet Products Market

UPS Inc (NYSE: UPS) subsidiary Ware2Go has released a case study shining a spotlight on the booming CBD pet products industry. read more

Mizuho Starts Bullish Coverage On Health Insurance Stocks

Mizuho recommended buying three health insurer stocks as it initiated coverage of the sector Thursday. Latest Ratings for HUM Date Firm Action From To Oct 2019 Initiates Coverage On Buy Sep 2019 Downgrades Outperform Market Perform Sep 2019 Maintains Overweight View More Analyst Ratings for HUM View the Latest Analyst Ratings read more

Brokers: Does It Matter How You Pay Your Carriers?

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Wincanton Emerges As Potential Eddie Stobart Buyer

British logistics giant Wincanton has entered the race to buy iconic U.K. trucking firm Eddie Stobart. Although no formal offer has been made by Wincanton, it said in a statement it was "undertaking a diligence exercise on Eddie Stobart and its assets." read more

Volvo Highlights Electric Trucks And GHG Engines For Mexico Market At Transport Expo ANPACT

Connectivity, electric trucks and autonomous vehicles were highlighted by Peter Voorhoeve, president of Volvo Trucks North America (VTNA) at Transport Expo ANPACT 2019. read more

NEO, Ripple & Litecoin - European Wrap

NEO price analysis: NEO/USD locked in a range amid growing bearish pressure read more

Skechers Fires Back At Nike Lawsuit With Ad, Calls Company A 'Bully'

Skechers USA Inc (NYSE: SKX) is no stranger to engaging in legal battles with its footwear competitors. read more

GBP/USD: Hinging On Boris' Selling Skills

GBP/USD has been trading at a high range ahead of parliament's vote on the Brexit deal. Political developments and analysts' number-crunching are set to rock sterling. Friday's four-hour chart is showing the potential for more gains. read more

The Upside Of Trading The Market You're In

If I were a superstitious trader (which I try not to be) I would almost think this week’s huge momentum was a result of the -$11,000 sacrifice I made to the market at the end of last week. read more

Stocks That Hit 52-Week Highs On Friday

Friday morning saw 85 companies set new 52-week highs. read more

Golden Ray, Ship That Capsized At Port Of Brunswick, To Be Cut Up

The car carrier Golden Ray, which ran aground and capsized in St. Simons Sound while it was leaving the Port of Brunswick, Georgia, on Sept. 8, will be cut in place and removed. read more

Mid-Morning Market Update: Markets Open Lower; Coca-Cola Sales Top Estimates

Following the market opening Friday, the Dow traded down 0.23% to 26963.74 while the NASDAQ fell 0.20% to 8140.20. The S&P also fell, dropping 0.11% to 2994.56. read more

Tropical Storm Could Flood Gulf Coast This Weekend

The 2019 Atlantic cyclone season is showing no signs of letting up. A cluster of thunderstorms in the Bay of Campeche, off the eastern coast of Mexico, is becoming better organized. It could very well transform into the next tropical storm. It would be the first cyclone to make U.S. read more

UPS' Entry Could Raise Interest In Flat-Rate Parcel Shipping

In a complex parcel shipping world, simple is good. Hence the concept of a shipper cramming 50 or 70 pounds of stuff into a box and paying one rate no matter its contents, its origin or its destination. read more

Winnebago Is Betting Big On Electric Technology

The RV industry has always been long behind the auto industry, but Winnebago Industries Inc (NYSE: WGO) is set to change that. And as a successful result of its undergoing strategy, its share price hit a peak of $42.21, a new 52-week high! read more

Benzinga's Top Upgrades, Downgrades For October 18, 2019

Upgrades read more