Markets News 

Nikkei ends up 2 pct as exporters and big companies gain

“Industrial robot maker Fanuc Corp gained 3.7 percent and clothing chain Fast Retailing advanced 2.5 percent, contributing a combined 77 points to the Nikkei” reports foxbusiness.com. Japan’s Nikkei share average finished 2 percent high on Monday, as exporters gained following a pullback in the yen, while market heavyweights such as Fanuc and Fast Retailing helped boost the benchmark index. Source: foxbusiness.com Share This:

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Coca-Cola sales surprise as its water, coffee gain popularity

“Coca-Cola reported better-than-expected quarterly profit and sales on Friday as it sold more teas, coffees and vitamin water, sending its shares up 2.4 percent” reports nypost.com. On an adjusted basis, the company reported earnings per share of 39 cents, beating analysts’ average estimate of 38 cents.A year earlier the company had posted a profit of $550 million, or 13 cents per share. Source: nypost.com Share This:

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Futures News Stocks 

Wall Street sets up for another day of gains as stock futures climb

“Dow futures YMH8, +0.47% climbed 126 points, or 0.5%, to 24,987, while S&P 500 futures ESH8, +0.39% rose 11.35 points, or 0.4%, to 2,708.25” writes Markets Reporter for marketwatch.com. U.S. stocks futures pushed higher early Thursday, a day after Wall Street equities booked a fourth-straight gain. The dollar was weaker Thursday, with the ICE Dollar Index DXY, -0.42% dropping 0.3%.Nasdaq-100 futures NQH8, +0.53% rose 37.25 points, or 0.6%, to 6,725.Asia followed up on that upbeat day with a near 1.5% rise for the Nikkei 225 index NIK, +1.47% and almost…

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Markets News Stocks 

Stocks make the drive for five after the Dow’s 253 pt gain

“The major indexes have gained ever since the Dow and S&P 500 fell into correction territory last week” writes Ken Martin for foxbusiness.com. Investors will examine another inflation report today in the form of producer prices, which measures inflation on the wholesale level.The gains put the Dow and S&P 500 back in positive territory. Source: foxbusiness.com Share This:

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Cash is King No More in German as Cards Gain Ground

“Both argued that allowing money to be held directly at a central bank would worsen bank runs at times of trouble” writes Min Read for reuters.com. A German government plan to push for an upper limit of 5,000 euros to cash payments met fierce resistance two years ago, including by the country’s own central bank.Germans and Austrians are the biggest users of cash among countries in the euro zone’s richer “core”, according to a recent study by the European Central Bank (ECB).But a survey of about 2,000 people by the…

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Markets News Oil Regulators 

Consumer prices jump much more than forecast, sparking inflation fears

“U.S. consumer prices rose considerably more than expected in January, fueling fears that inflation is about to turn dangerously higher” writes unknown author for cnbc.com. The Consumer Price Index rose 0.5 percent last month against projections of a 0.3 percent increase, the Labor Department reported Wednesday.Excluding volatile food and energy prices, the index was up 0.3 percent against estimates of 0.2 percent.The report indicated that price pressures were “broad-based,” with rises in gasoline, shelter, clothing, medical care and food. Investors also began to price in the likelihood that the Federal…

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U.S. retail sales slump in January, and December’s initial gain was erased

“Excluding autos, retail sales were flat last month, the government said” writes Jeffry Bartash for marketwatch.com. Market reaction: Investors saw weaker retail sales and higher inflation as reflected in the latest report on consumer prices as bad news.Still, retail sales are healthy despite the January decline. Source: marketwatch.com Share This:

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News Stocks 

Amazon, Home Depot stocks swing to losses after weak retail sales data

“Shares of retailers were knocked lower in premarket trade Wednesday, after January data showed a surprise decline in retail sales” writes Reporter Editor for marketwatch.com. Meanwhile, S&P 500 futures ESH8, -0.70% went from a gain of about 13.5 ponits to a decline of 28.7 points.AMZN, -0.14% dropped 0.9%, reversing a pre-data gain of about 0.7% and Home Depot Inc.’s stock HD, -1.00% went from a gain of 0.6% to loss of 1.2% after the data.The SPDR Consumer Discretionary Select Sector ETF XLY, -0.33% shed 0.9%, after trading up about 0.1%…

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An unlikely company has the most to gain if Sears closes all its stores

“Sears’ business is declining so rapidly that Wall Street analysts are now betting on who stands to win if the company closes all of its stores” writes Hayley Peterson for businessinsider.com. Together, Best Buy, Home Depot, and Lowe’s would capture about 80% of Sears’ appliance business if all its stores closed, analysts said.In that scenario, the retailer with the most to gain is Best Buy, according to a new analysis by UBS. Best Buy might seem like an unlikely winner if Sears disappears.Thanks to that increasing emphasis on appliances, as…

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