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  • 09/18/2017 17:33:13

    FBI was wiretapping ex-Trump campaign chairman Manafort as late as this year: report

    Former Trump campaign chairman Paul Manafort was secretly wiretapped by the FBI before and after the presidential election, CNN reported late Monday. The report said the surveillance continued until early this year, a time period when Manafort and President Donald Trump were still communicating, though it was not immediately clear if his conversations with Trump had been captured. CNN said special counsel Robert Mueller's investigative team has been given details of Manafort's intercepted communications. While sources told CNN the evidence may not be not conclusive, FBI investigators were reportedly concerned that Manafort was encouraging Russian meddling in the election. The secret surveillance order was first approved by the Foreign Intelligence Surveillance Act court in 2014, and renewed at some point last year. Earlier this summer, Manafort's home was raided by the FBI and his spokesman subpoenaed by the Mueller investigation. In late August, it was reported that Mueller was working with New York Attorney General Eric Schneiderman in his Manafort investigation to share potential evidence of financial crimes. In a separate report Monday, the New York Times said Mueller's investigators told Manafort during the raid on his house that they planned to indict him.Market Pulse Stories are Rapid-fire, short news bursts on stocks and markets as they move. Visit MarketWatch.com for more information on this news.

  • 09/06/2017 05:13:57

    Amazon smart home spaces to be available in 10 Kohl's stores this fall

    New Amazon smart home spaces selling smart home products and a variety of Amazon devices will be in 10 Kohl's Corp. stores in the Los Angeles and Chicago areas starting in October. Kohl's shares lifted 1.5% in premarket trade Wednesday and Amazon shares rose 0.4%. Customers will be able to try out Alexa-enabled Amazon devices and learn about smart home services, according to Dave Zimmer, Amazon Devices vice president for sales and marketing. Items in the smart home spaces will be bought directly from Amazon and the area will be staffed by Amazon sales associates, the companies said. Customers can also schedule an Amazon associate to come to their house and install smart home products and use Amazon Home Services, in which local professionals can "help with everything around the house," the companies said. Kohl's shares have declined 3.8% over the last three months and Amazon shares have surged 13.0%, compared with a 1.2% rise in the S&P 500 .Market Pulse Stories are Rapid-fire, short news bursts on stocks and markets as they move. Visit MarketWatch.com for more information on this news.

  • 08/30/2017 09:25:01

    UPDATE 1-U.S. purchase mortgage activity hits six-month low - MBA

    NEW YORK, Aug 30 (Reuters) - U.S. mortgage applications to buy a home fell last week to the their lowest level in more than six months, even as some home borrowing costs fell to their lowest since November, the Mortgage Bankers Association said on Wednesday.

  • 08/25/2017 00:16:28

    Provident Financial appoints new boss to home credit arm

    The firm's share value fell by two-thirds on Tuesday after a second profit warning in three months.

  • 08/23/2017 11:39:42

    U.S. new home sales hit seven-month low as prices soar

    WASHINGTON (Reuters) - New U.S. single-family home sales unexpectedly fell in July, dropping to their lowest in seven months amid a surge in prices, raising concerns of a slowdown in the housing market recovery.

  • 08/23/2017 10:45:04

    BRIEF-Fitch says new GSE refi programs a modest plus for U.S. credit risk transfers

    Fitch: * Fitch says new refinance programs announced by Fannie Mae (FNMA) and Freddie Mac (FMCC) should provide incremental support in event of future home price declines​ Source text for Eikon: Further company coverage:

  • 08/23/2017 10:18:57

    Lowe's shares slide 6% as company guides lower, but analysts see big upside

    Lowe's Cos. [s:LOW] on Wednesday reported earnings that missed expectations and guided lower, sending the stock down nearly 6% in midday trading. Analysts at Credit Suisse called the earnings news "not a clean quarter," but pointed out what they called "some bright spots" for Lowe's in a morning note. The home-improvement retailer had stronger comparables, Credit Suisse wrote, and sales even accelerated in July. The Credit Suisse analysts, who have an outperform rating on the stock, said a calendar quirk may have depressed growth in earnings per share, which were reported as 14%. The company's lowered guidance reflects higher expenses, since sales are projected to stay the same, the analysts said. They also noted that Lowe's is closing in on rival Home Depot [s:HD] in terms of comparable sales. Their $94 price target for Lowe's implies a 32% increase and is a bit higher than the FactSet consensus target price of $89.12. The mean rating among analysts surveyed by FactSet is overweight. Market Pulse Stories are Rapid-fire, short news bursts on stocks and markets as they move. Visit MarketWatch.com for more information on this news.

  • 08/23/2017 08:50:55

    New Home Sales Tumble in July


  • 08/23/2017 08:19:23

    Home-builders ETF down after new-home sales data

    Exchange-traded funds that track home-building stocks fell on Wednesday, after data showed that new-home sales fell 9.4% in July, a steeper fall than had been expected. The SPDR S&P Homebuilders ETF lost 0.9%, while the iShares U.S. Home Construction ETF was down 0.5%. The SPDR fund remains up more than 10% in 2017, although it has dropped 3.5% over the past month. Sales of newly constructed homes were at a seasonally adjusted annual rate of 571,000, the Commerce Department said Wednesday. That represented a seven-month low, and it was under the 608,000 pace that had been forecast. The sector was also pressured by Lowe's Companies Inc. , which fell 5.7% in the wake of lower-than-expected results. Home Depot fell 1.5%.Market Pulse Stories are Rapid-fire, short news bursts on stocks and markets as they move. Visit MarketWatch.com for more information on this news.

  • 08/15/2017 14:06:25

    Wall Street ends flat as Home Depot drags

    NEW YORK (Reuters) - U.S. stocks ended little changed on Tuesday as declines in Home Depot and other retailers following results offset upbeat U.S. retail sales data.

  • 08/15/2017 14:04:47

    US STOCKS SNAPSHOT-Wall Street ends flat as Home Depot drags

    NEW YORK, Aug 15 (Reuters) - U.S. stocks ended little changed on Tuesday as declines in Home Depot and other retailers following results offset upbeat U.S. retail sales data.

  • 08/13/2017 17:42:01

    PRESS DIGEST- British Business - Aug 14

    The following are the top stories on the business pages of British newspapers. The Times. - The number of air passengers arrested for drunken misbehaviour on flights and in airports has risen by 50 percent in the past year, an investigation has found. - One in six care home companies is in danger of insolvency, according to a report from an accountancy firm Moore Stephens. The Guardian.

  • 08/09/2017 16:48:29

    North Korea says it plans to fire four missiles at Guam: report

    North Korea's military said it is developing detailed plans to fire four missiles at Guam and expects to present them to their leader Kim Jong-un by mid-August, according to media reports late Wednesday. In the escalating war of words, North Korea said it is "seriously examining" a plan to fire four Hwasong-12 intermediate-range missiles simultaneously at the U.S. territory of Guam, according to South Korean news agency Yonhap. Guam is home to several U.S. military installations including Andersen Air Force Base. The new threat on Guam follows a less detailed one late Tuesday after President Donald Trump's remark that further threats from North Korea would be met with "fire and fury". The Dow Jones Industrial Average , the S&P 500 Index and the Nasdaq Composite Index all finished lower for a second day on Wednesday amid the saber rattling.Market Pulse Stories are Rapid-fire, short news bursts on stocks and markets as they move. Visit MarketWatch.com for more information on this news.

  • 08/02/2017 09:56:51

    UPDATE 1-U.S. purchase mortgage activity slips to 4-1/2 month low -MBA

    NEW YORK, Aug 2 (Reuters) - U.S. applications for mortgages to buy a home slipped to their weakest level in about 4-1/2 months last week as home borrowing costs held steady or were higher, the Mortgage Bankers Association said on Wednesday.

  • 07/26/2017 08:13:57

    New-home sales improved modestly in June

    US sales of new homes increased 0.8 percent in June, reflects a growing appetite for new construction

  • 07/25/2017 14:41:49

    U.S. home prices reach record high for 6th straight month

    A new high for home prices in May for the sixth straight month raises fears of another housing bubble roughly a decade after a previous one burst.        

  • 07/20/2017 14:16:12

    Wall Street flat as home improvement retailers get Amazoned

    NEW YORK (Reuters) - Stocks ended little changed on Wall Street on Thursday as a deal between Sears and Amazon weighed on home improvement retailers while gains in Regeneron and Microsoft buoyed the Nasdaq.

  • 07/18/2017 12:49:21

    NBA-New uniforms do away with home and away designations

    July 18 (Reuters) - Nike has unveiled new NBA uniforms for the 2017-2018 season that dispense with traditional 'home' and 'away' team designations.

  • 07/18/2017 10:56:16

    BRIEF-Cinedigm and VMI Worldwide announce a new North American distribution partnership

    Cinedigm Corp(CIDM): * Cinedigm(CIDM) and VMI announce a new North American distribution partnership. * As part of multi-year deal, co will oversee theatrical, home video, television, digital distribution for VMI's new home entertainment division Source text for Eikon: Further company coverage:

  • 07/05/2017 12:18:29

    UPDATE 3-Short seller Cohodes hits Canada again with latest target -Exchange Income

    NEW YORK/TORONTO, July 5 (Reuters) - Short seller Marc Cohodes, who has bet against the shares of six Canadian-based companies including Valeant Pharmaceuticals International Inc and Home Capital Group Inc, said on Wednesday that he is targeting yet another Canadian firm - Exchange Income Corp.

  • 07/05/2017 09:11:50

    Short seller Cohodes targets Canadian firm Exchange Income Corp

    NEW YORK/TORONTO (Reuters) - Short seller Marc Cohodes, who has famously bet against the shares of six Canadian-based companies including Valeant Pharmaceuticals International Inc and Home Capital...

  • 06/28/2017 12:32:57

    U.S. housing stocks may rally as millennials age: Smead

    NEW YORK (Reuters) - Stocks of large U.S. home builders and building materials companies are poised to rise as millennials age and need housing, according to Bill Smead, the chief executive of Smead...

  • 06/23/2017 14:13:50

    Tech, energy shares lift Wall Street

    NEW YORK (Reuters) - Wall Street ended higher on Friday as gains in tech and energy stocks more than offset weakness in the financial sector, while a slide in Home Depot kept the Dow in check.

  • 06/23/2017 07:41:05

    Stocks struggle for direction as investors await data, Fed speakers

    Stocks opened flat Friday as investors awaited economic data and remarks by Federal Reserve speakers while keeping an eye on oil. The S&P 500 rose less than 0.1% to 2,434.70, while the Dow industrials declined 25 points, or 0.1%, to 21,372. The Nasdaq Composite Index was up less than 0.1% at 6,238. Data on activity in the manufacturing and services sector, along with figures on new home sales are due later this morning. St. Louis Fed President James Bullard, Cleveland Fed President Loretta Mester and Fed Gov. Jerome Powell are each set to speak at different events later in the day. Market Pulse Stories are Rapid-fire, short news bursts on stocks and markets as they move. Visit MarketWatch.com for more information on this news.

  • 06/22/2017 10:17:39

    Short seller Cohodes keeps Home Capital short bet despite Buffett

    NEW YORK, June 22 (Reuters) - Short seller Marc Cohodes, who has bet against Home Capital Group Inc shares for more than two years, said on Thursday he is keeping his short position on the Canadian lender despite a capital infusion from Warren Buffett's Berkshire Hathaway Inc.

  • 06/21/2017 23:39:20

    Home Capital to get C$2 billion loan from Berkshire Hathaway

    (Reuters) - Home Capital Group Inc said billionaire Warren Buffett's Berkshire Hathaway Inc will provide a new C$2 billion ($1.50 billion) line of credit to its unit Home Trust Co, ending the Canadian lender's strategic review process.

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