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North America to weigh on Under Armour's 2019 revenue growth, shares slide

Under Armour Inc on Wednesday forecast 2019 revenue growth and profit below analysts' estimates, citing relatively flat sales in North America, sending its shares down as much as 11 percent.
Posted at 12/12/2018 15:21 by Reuters - Financial Services and Real Estate

Trade thaw lifts stocks, sterling rises on May bets

A gauge of global stock markets rallied along with U.S. Treasury yields on Wednesday as optimism abounded for a trade thaw between the United States and China while sterling bounced on indications UK Prime Minister Theresa May would survive a no-confidence vote.
Posted at 12/12/2018 15:19 by Reuters - Financial Services and Real Estate

Wall Street rises on U.S.-China trade optimism

U.S. stocks were up 1 percent on Wednesday afternoon, though well below their session highs, as investors were hopeful about U.S.-China trade relations after the latest comments from both sides and eyed some reassuring signs in British politics.
Posted at 12/12/2018 15:11 by Reuters - Financial Services and Real Estate

UK Prime Minister Theresa May wins confidence vote

May won the leadership challenge by 200 votes to 117 votes against her in the ballot of Conservative members of parliament (MPs).
Posted at 12/12/2018 15:00 by Capital Markets (CNBC)

Canopy Growth CEO says Farm Bill passage is 'first step' toward US expansion

The passage of the 2018 Farm Bill would be the "first step" toward Canopy Growth activity in the United States, the company's chief executive told CNBC on Wednesday.
Posted at 12/12/2018 14:47 by Capital Markets (CNBC)

China's Tencent Music debut strikes a chord with investors

Shares of China-based music streaming company Tencent Music Entertainment Group rose in their U.S. debut on Wednesday, as investors shrugged off volatile markets to grab a piece of the fast-growing music streaming industry.
Posted at 12/12/2018 14:45 by Reuters - Financial Services and Real Estate

With stock riding tailwind, United Airlines CEO doubles down on growth strategy

With many rival airlines scaling back plans to add travel routes and seats in a bid to protect margins, Oscar Munoz is taking United Airlines in a different direction.
Posted at 12/12/2018 14:37 by Reuters - Financial Services and Real Estate

China bought 500,000 tons of U.S. soybeans. But that's just a drop in the U.S. export bucket

China is back in the market for U.S. soybeans, but the recent purchases represent just a fraction of sales American farmers have lost since the Trump administration embarked on a trade war with Beijing in July.  
Posted at 12/12/2018 14:21 by Capital Markets (CNBC)

Housing market research firms Metrostudy and Meyers Research merge

A New York private equity firm has bought and consolidated the parent companies of two housing research firms active in the Houston market, Metrostudy and Meyers Research. MidOcean Partners announced Dec. 12 it acquired Washington, D.C.-based Hanley Wood LLC and California-based Meyers Research LLC, which was a subsidiary of global real estate investment company Kennedy Wilson. The deal will combine both the data products of Metrostudy and Meyers Research’s Zonda platform, to offer “data…
Posted at 12/12/2018 14:04 by Business Journal - Commercial Real Estate

Apple now has dozens of doctors on staff, showing it's serious about health tech

The hires could help Apple win over doctors and suggest it will build applications that can help people with serious medical problems.
Posted at 12/12/2018 14:02 by Capital Markets (CNBC)

Cold-beverage maker to add 250 jobs with new facility in Cornelius

A single-serve cold-beverage maker says it will add 250 jobs in Mecklenburg County after it gets a new distribution center up and running in Cornelius. Sprizzi Drink-Co., based in Colton, California, will upfit the 118,000-square-foot building at 20310 Chartwell Center Drive, the former Michael Waltrip Racing building, for a production and distribution center, according to Lake Norman Economic Development. No incentives were given to Sprizzi for its center here, and the company is new to the area,…
Posted at 12/12/2018 14:01 by Business Journal - Commercial Real Estate

FCC considers ending merger ban among broadcast networks

The Federal Communications Commission on Wednesday voted to open a new review of U.S. media ownership rules and seek comments on whether the government should end a prohibition on mergers among the four largest broadcast networks.
Posted at 12/12/2018 13:59 by Reuters - Financial Services and Real Estate

Stalled condo project in Broward resumes construction as apartments

The developer secured a $49 million construction loan.
Posted at 12/12/2018 13:54 by Business Journal - Commercial Real Estate

Internet-famous makeup brand Morphe opens this weekend at International Plaza

Cosmetics brand Morphe will open a storefront in International Plaza on Dec. 15. Morphe opens at 7 a.m., and celebrity makeup artist Jaclyn Hill will officially cut the ribbon at 10:30 a.m. It is on the first floor of the mall, in the Nordstrom wing, near Forever 21 and the Disney store. The Tampa store is one of 20 Morphe retail locations in the U.S.; by the end of the second quarter of 2019, there will be 29 stores. “We have an enthusiastic, highly engaged #morphebabe fan base in Tampa and…
Posted at 12/12/2018 13:54 by Business Journal - Commercial Real Estate

Miami-Dade apartments could be replaced with assisted living facility

Many of the assisted living facilities in the Homestead area are full and have a waiting list to get in, a representative for the developer said.
Posted at 12/12/2018 13:53 by Business Journal - Commercial Real Estate

Experts weigh in on 'tug of war' between growth, preservation in Louisville

Friction has increased in recent years between two factions of Louisville residents: Those who want to see explosive development and growth on par with peer cities and those who want to preserve historic buildings or protect land from what they view as improper development. The Louisville Forum, a nonpartisan public issues group, tackled the topic head on Wednesday at Vincenzos's restaurant in downtown Louisville, hosting a panel that included Louisville land-use attorneys Steve Porter and Nick…
Posted at 12/12/2018 13:52 by Business Journal - Commercial Real Estate

New medical complex in works for Vestavia Hills

The new facility will include ambulatory surgery center, diagnostic center, and physician office space.
Posted at 12/12/2018 13:52 by Business Journal - Commercial Real Estate

Former Graham Ford dealership on W. Broad being sold to Pizzuti Cos.

The former Graham Ford dealership on West Broad Street is being sold to Pizzuti Cos. The sale of the dealership at 707 W. Broad St. was mentioned by Franklinton Area Commissioners in a staff report during a Tuesday night meeting. However, no land sale has yet been registered with the Franklin County Auditor for the 7-acre property, which sits between Mount Carmel West and Rt. 315. Shad Phipps and Scott Behrmann with CBRE have been marketing the land for several years, but would not comment on…
Posted at 12/12/2018 13:50 by Business Journal - Commercial Real Estate

MoCo to relocate more than 900 employees to $152M Wheaton HQ by 2020

More than 900 Montgomery County staffers will be moved from older offices scattered around the county into a new $152 million headquarters facility in Wheaton by summer 2020. The move is part of an effort to create fresh digs for several county agencies currently located in Silver Spring, Rockville and Wheaton, and to create a central town square that will enliven the area around the Wheaton Metro station. Montgomery County is the master developer of the new 14-story, Class A building at 2425…
Posted at 12/12/2018 13:50 by Business Journal - Commercial Real Estate

Norfolk Southern moves headquarters to Atlanta

Norfolk Southern Corp said on Wednesday it would shift its headquarters to Atlanta from Virginia, tapping a major hub for transportation.
Posted at 12/12/2018 13:49 by Reuters - Financial Services and Real Estate

Greystar buys Palm Beach County apartments for $84M

The property is near the Gardens Mall and Downtown at the Gardens.
Posted at 12/12/2018 13:46 by Business Journal - Commercial Real Estate

NYC council members and Amazon executives got into a heated debate over incentives offered for HQ2

New York City council members questions Amazon executives and the head of New York City's Economic Development Corporation about why the government granted Amazon nearly $3 billion in incentives to build on Long Island City.
Posted at 12/12/2018 13:46 by Capital Markets (CNBC)

Brazil court grants Nissan ex-boss Ghosn access to Rio apartment

A Brazilian court decided on Wednesday that ousted Nissan Chairman Carlos Ghosn or his daughter should have the right to access a contested Rio apartment to retrieve personal belongings, according to a legal document seen by Reuters.
Posted at 12/12/2018 13:08 by Reuters - Financial Services and Real Estate

Prosecutors give National Enquirer publisher immunity over hush money to purported Trump lover

President Donald Trump's former personal lawyer Michael Cohen was sentenced to three years in prison for crimes that included facilitating the National Enquirer's payment to Playboy model Karen McDougal.
Posted at 12/12/2018 12:42 by Capital Markets (CNBC)

Exclusive: China makes first major buy of U.S. soybeans since Trump-Xi meet

China on Wednesday bought at least 500,000 tonnes of U.S. soybeans in its first major purchase of the oilseed since U.S. President Donald Trump and his Chinese counterpart Xi Jinping struck a trade war truce earlier this month, traders said.
Posted at 12/12/2018 12:41 by Reuters - Financial Services and Real Estate

Toyota advances plans to replace Takata airbags in 65,000 vehicles

Toyota Motor Corp said on Wednesday it is advancing by a year plans to replace Takata airbags in about 65,000 Toyota and Lexus vehicles in the United States it had previously replaced.
Posted at 12/12/2018 12:35 by Reuters - Financial Services and Real Estate

Toyota recalls 70,000 vehicles to replace air bag inflators

Toyota is recalling about 70,000 Toyota and Lexus brand vehicles in North America to replace air bag inflators that could explode and hurl shrapnel at drivers and passengers.
Posted at 12/12/2018 12:31 by Capital Markets (CNBC)

Canada frees CFO of China's Huawei on bail; Trump might intervene

A top executive of Chinese telecoms giant Huawei Technologies Co Ltd was granted bail by a Canadian court on Tuesday, 10 days after her arrest in Vancouver at the request of U.S. authorities sparked a diplomatic dispute.
Posted at 12/12/2018 12:19 by Reuters - Financial Services and Real Estate

Canada minister to speak about extradition as China dispute worsens

Canadian Foreign Minister Chrystia Freeland will hold a news conference to discuss extradition procedures on Wednesday, a day after U.S. President Donald Trump said he might intervene in the extradition case of Huawei Technologies' executive Meng Wanzhou.
Posted at 12/12/2018 12:19 by Reuters - Financial Services and Real Estate

Intel plans 'stacked' circuits in bid to regain its chipmaking lead

Intel Corp said on Wednesday that it has developed a way to stack its computing circuits on top of one another in a bid to regain the lead in chip manufacturing technology that it has lost to rivals like Taiwan Semiconductor Co Ltd in recent years.
Posted at 12/12/2018 12:01 by Reuters - Financial Services and Real Estate

Exclusive: Airbus staff error led to fatal Mali copter crash - German official

The fatal crash of a German armed forces helicopter in Mali last year was caused by the failure of mechanics from manufacturer Airbus to correctly set the aircraft's rotor controls after repairs, a defense official told Reuters on Wednesday.
Posted at 12/12/2018 11:55 by Reuters - Financial Services and Real Estate

Abortion opponents are starting to worry Brett Kavanaugh isn't the ally they were expecting

On Monday, the high court announced that it would not review two lower court decisions that temporarily banned Louisiana and Kansas from cutting Planned Parenthood's Medicaid funding.
Posted at 12/12/2018 11:50 by Capital Markets (CNBC)

United Airlines to add international routes from San Francisco

United Continental Holdings Inc said on Wednesday it would add flights to New Delhi, Toronto and Melbourne from San Francisco, as the No. 3 U.S. airline looks to tap higher-paying international routes.
Posted at 12/12/2018 11:31 by Reuters - Financial Services and Real Estate

Economic growth will top 3% again next year, Trump advisor Hassett says

U.S. economic growth will defy expectations again in 2019 thanks to a business investment boom and President Donald Trump's trade strategy, White House economic advisor Kevin Hassett said Wednesday.
Posted at 12/12/2018 11:23 by Capital Markets (CNBC)

Chinese importers reportedly buy US soy cargoes

Chinese state-owned companies bought at least 500,000 tonnes of U.S. soybeans on Wednesday, two U.S. traders said, in the first major purchases since U.S. President Donald Trump and his Chinese counterpart Xi Jinping met in early December.
Posted at 12/12/2018 11:09 by Capital Markets (CNBC)

A woman shared her story of how social media kept targeting her with baby ads after stillbirth

Gillian Brockell, a Washington Post opinion video editor, wrote an open letter addressed to "Tech Companies" asking them to change their ad targeting practices after she continued to be served motherhood ads after having a stillbirth. 
Posted at 12/12/2018 11:06 by Capital Markets (CNBC)

Trump's ex-lawyer and fixer Michael Cohen sentenced to 3 years in prison

Federal prosecutors in New York had urged Judge William Pauley to impose "a substantial term of imprisonment" on Michael Cohen.
Posted at 12/12/2018 11:05 by Capital Markets (CNBC)

If you're confused about tax changes, here's how to find your new bracket for 2019

New year, new tax brackets. The IRS is updating its individual income tax brackets for 2019 and making a few other inflation-adjusted changes. What it means for you.
Posted at 12/12/2018 10:52 by Capital Markets (CNBC)

Lowe's shares rise as retailer announces $10 billion stock buyback, 2019 forecast

Lowe's reiterates its prior earnings forecast for fiscal 2018, and says earnings per share will rise to a range of $6.00 and $6.10 for fiscal 2019, compared with analysts' expectations for $5.90.
Posted at 12/12/2018 10:40 by Capital Markets (CNBC)

Ford's Ranger rides again. But will it win in a crowded truck market?

After eight years of ignoring the midsize truck market while Toyota and General Motors racked up strong sales, Ford believes it's not too late for the new Ranger to make a splash.
Posted at 12/12/2018 10:33 by Capital Markets (CNBC)

Many apps on your phone are tracking everywhere you go — here's how to stop them

A report from The New York Times recently revealed that it can be pretty easy to identify someone using location data collected by apps on our phones. Here's how to stop apps on your iPhone or Android phone from tracking you all the time.
Posted at 12/12/2018 10:31 by Capital Markets (CNBC)

U.S. consumer prices flat; underlying inflation firm

U.S. consumer prices were unchanged in November, held back by a sharp decline in the price of gasoline, but underlying inflation pressures remained firm amid rising rents and healthcare costs.
Posted at 12/12/2018 10:28 by Reuters - Financial Services and Real Estate

Strategist David Bianco says the stock market will rally up to 10% in the next 30 days

Standing by his 2,850 year-end S&P 500 price target, the Deutsche Asset Management strategist says, "A lot can happen in a month."
Posted at 12/12/2018 10:28 by Capital Markets (CNBC)

Amazon aims at office workers with compact cashier-less food store

Amazon.com Inc on Wednesday opened a compact version of its cashier-less Amazon Go food stores, broadening its footprint in the bricks-and-mortar world in a move to add shops in places such as office lobbies and hospitals.
Posted at 12/12/2018 10:21 by Reuters - Financial Services and Real Estate

Tencent Music ends its first day of trading up 9 percent

The highly anticipated initial public offering comes amid heightened tensions between the Chinese and U.S. governments. 
Posted at 12/12/2018 10:20 by Capital Markets (CNBC)

Athenahealth founder and former CEO Jonathan Bush blasts activist investor, Elliott

Bush stepped down from the Athenahealth in June after allegations emerged that he attacked his then-wife 13 years ago. Atheneahealth had been locked in a fight with activist investor Elliott Management for more than a year.
Posted at 12/12/2018 10:17 by Capital Markets (CNBC)

U.S. not swayed by WTO reform proposals

Proposals for reforming the World Trade Organization fail to deal with problems raised by the United States, the U.S. envoy to the WTO told its General Council on Wednesday.
Posted at 12/12/2018 10:14 by Reuters - Financial Services and Real Estate

Sting uses fake Amazon boxes, GPS to catch would-be thieves

The explosion in online shopping has led to porch pirates and stoop surfers swiping holiday packages from unsuspecting residents.
Posted at 12/12/2018 10:12 by Capital Markets (CNBC)

Billionaire Chris Sacca plans a start-up blitz to back the eventual 2020 Dem nominee for president

Sacca's plans come during a seismic shift in how political movements and causes are funded and organized, largely through online entities. 
Posted at 12/12/2018 10:03 by Capital Markets (CNBC)

China preparing plan to increase access for foreign companies: WSJ

China is planning to replace an industrial policy with a new program that promises greater access for foreign companies, the Wall Street Journal reported https://www.wsj.com/articles/china-is-preparing-to-increase-access-for-foreign-companies-11544622331?mod=breakingnews on Wednesday, in a move to resolve trade tensions with the United States.
Posted at 12/12/2018 09:52 by Reuters - Financial Services and Real Estate

This is one of the biggest market risks that investors aren't giving enough attention

It's not all about the trade war. Another big market risk flying under the radar could cripple the bull market, says one strategist.
Posted at 12/12/2018 09:41 by Capital Markets (CNBC)

Germany seeks to assist potential bank merger: Bloomberg

Germany is holding high-level talks to facilitate a possible merger of the nation's two largest private banks - Deutsche Bank and Commerzbank - Bloomberg reported on Wednesday.
Posted at 12/12/2018 09:39 by Reuters - Financial Services and Real Estate

Trump makes one last try to get the Fed to ease up, but it likely won't work

Despite a string of events that has seemed to push the central bank into a more dovish posture, a December hike now seems inevitable.
Posted at 12/12/2018 09:36 by Capital Markets (CNBC)

Cramer: China may be recognizing that revealing its 'world domination' plan was a bad idea

CNBC's Jim Cramer spoke minutes after a report said that Chinese officials are drafting a replacement for Made in China 2025 policy.
Posted at 12/12/2018 09:15 by Capital Markets (CNBC)

Under Armour shares plunge as financial targets disappoint

Under Armour's stock plunged more than 10 percent Wednesday as Wall Street was disappointed by the retailer's financial targets, especially in the U.S., where the company has been struggling to regain lost momentum.
Posted at 12/12/2018 08:21 by Capital Markets (CNBC)

China readying plan to widen foreign access to its economy: WSJ

China is preparing to replace its Made in China 2025 policy with a new program designed to allow foreign companies greater participation in its economy, according to The Wall Street Journal.
Posted at 12/12/2018 08:18 by Capital Markets (CNBC)

Qualcomm says Apple is still selling iPhones in China, breaching court order

The chipmaker has presented evidence to a court in China in the form of a video showing iPhones being unboxed and sold.
Posted at 12/12/2018 08:18 by Capital Markets (CNBC)

Here's what's going on with the Marriott hack, Huawei and the DOJ — and it's all related to China and trade

Three seemingly unrelated news stories are getting lumped together under Trump's ongoing trade negotiations with China. What happens next with any of them could have significant implications for that deal, markets or both. 
Posted at 12/12/2018 07:46 by Capital Markets (CNBC)

After the 'death cross,' the S&P 500 seems to be forming another scary chart pattern

The chart of the S&P 500, which flashed a scary death cross last week, now appears to be forming a new pattern that could be just as ominous.
Posted at 12/12/2018 07:09 by Capital Markets (CNBC)

Dow rises more than 150 points on trade-deal hopes, but closes well off session highs

Stocks closed higher on Wednesday as investors digested news related to the ongoing trade war between the United States and China.
Posted at 12/12/2018 03:34 by Capital Markets (CNBC)