News Stocks 

If you invested $1,000 in Coca-Cola 10 years ago, here’s how much you’d have now

“And Quincey said on CNBC’s “Squawk on the Street” that the company will take time to “absorb” the investments it made last year” writes Caiaimage Robert Daly for cnbc.com. If you invested in the company 10 years ago, that decision could have paid off.The company has gotten its share of celebrity endorsements, too: Warren Buffett says he’s a “Coke loyalist,” and Berkshire Hathaway is a longstanding investor.”Clearly, that is leading to an [earnings per share] growth that is not what we aspire to,” he said. Source: cnbc.com

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Brokers News Stocks 

Big U.S. exchanges to sue SEC over ‘overreaching’ fee experiment

“The exchanges argue rebates are needed to compensate brokers for providing liquidity and that the SEC has not shown that they harm the market” reports businessinsider.com. NEW YORK (Reuters) – The three largest U.S. stock exchange operators said they will sue the Securities and Exchange Commission for overstepping its authority by ordering a pilot program to test banning lucrative payments exchanges make to brokers for resting stock orders. Source: businessinsider.com

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Markets News Stocks 

Investors may have already missed out on the bulk of the market’s gains this year

“Investors expecting the stock market to build on the robust start it’s seen in 2019 don’t have history on their side” writes Brendan Mcdermid for cnbc.com. A lot will have to go right to continue the best market start in 32 years.Recent years in this bull market, though, have shown that outsized gains are possible.In 2017, the market jumped 19.4 percent, 2013 saw a 29.6 percent surge and 2009, the year that saw the crisis bottom, ended with the S&P 500 up 23.4 percent. Source: cnbc.com

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Markets News Regulators Stocks 

Get used to wild swings for this stock market, and thank the Fed for that, says analyst

“Our call of the day, from Seema Shah, global investment strategist at Principal Global Investors, is less sanguine” writes Markets Reporter for marketwatch.com. A big data dump awaits, on the heels of that dismal retail sales data.Or, if the Fed was simply propping up markets, renewed fears of inflation and rising interest rates are likely.Shah worries that the market has swung from “excessively pessimistic to excessively optimistic,” and may be underestimating coming headwinds from a global slowdown.Investors have been haunted by three big themes this week: trade talks, U.S. politics…

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News Stocks 

Yell all you want about stock buybacks being bad for America. They’re not helping stock returns

“In the last few years, the number of companies buying back stock has perhaps grown too large” writes Stephen Gandel for latimes.com. That seems most likely last year, when the companies in the S&P 500 spent $770 billion on buybacks, or about three times the $286 billion they spent in 2012.With so much being spent on buybacks, it’s a decent bet that some good money is chasing bad. Source: latimes.com

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News Stocks 

General Mills to close California yogurt making facility as part of restructuring

“The company expects the restructuring to be completed by the end of fiscal 2021” writes Reporter Editor for marketwatch.com. The expenses will also include about $105 million in exit and project-related costs, primarily asset write-offs.The consumer foods company said it expects to incur about $130 million in expenses, including $25 million in severance costs, as part of the restructuring, which will focus on consolidating production and “optimizing” labor, logistics and manufacturing operations. Source: marketwatch.com

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Markets News Stocks 

US stocks set to follow Asia markets lower after report that US-China trade talks are ‘like pulling teeth’

“US stocks are set to decline on Friday, following Asian markets lower on reignited pessimism about US-China trade talks, where there’s reports of tensions as leaders from both nations meet in Beijing this week” writes Trista Kelley for businessinsider.com. Time is of the essence since March 1 marks the scheduled end of the 90-day pause in the trade war.The South China Morning Post, citing sources, reported that trade negotiators “remain far apart on key issues,” including equal market access and intellectual property protection.Then there’s jitters about the US economy after…

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News Stocks 

Nvidia surges after beating on profits and sales expectations

“Nvidia shares have fallen 47% from their record high last October, though have climbed 16% so far this year” writes Rebecca Ungarino for businessinsider.com. Shares of semiconductor manufacturer Nvidia surged 8% in after-hours trading on Thursday after the company reported quarterly earnings that topped analysts’ expectations on the top and bottom lines.Here’s what Nvidia reported for its fourth-quarter 2019 results, compared to what analysts surveyed by Bloomberg expected: Nvidia reported record full-year revenue of $11.72 billion.Read more: ‘The crypto-GPU hangover continued’: Here’s what Wall Street is saying about AMD earnings…

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News Stocks 

Firearm stocks shrug off gun-control momentum among House Democrats

“A push by Democratic lawmakers to tighten regulations on firearms sales, which gained momentum when a House committee backed a bill requiring background checks for all buyers, wasn’t enough to buoy stock in the two biggest U.S. gunmakers” reports washingtonexaminer.com. “Both of the bills passed out of the committee today tackle real problems within our current system,” said Chairman Jerry Nadler, D-N.Y., who criticized what he said were efforts by some Republican committee members to obstruct the measures. Source: washingtonexaminer.com

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News Stocks 

Dow’s decline despite bullish breadth is Coca-Cola’s fault

“The stock’s price decline of $3.81 was shaving about 26 points off the Dow’s price” writes Reporter Editor for marketwatch.com. That would be the biggest one-day percentage decline since it dropped 8.7% on Oct. 9, 2008, in the midst of the financial crisis.The Dow Jones Industrial Average DJIA, -0.41% is down 23 points, even though 18 of 30 components are trading higher, and despite bullish broader market breadth data, because of the sharp price drop in Coca-Cola Inc.’s KO, -8.44% stock.The beverage giant’s stock tumbled 7.7% in afternoon trade after…

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