Will President Trump Make A Wise Decision or a Dangerous One?

Trump almost took the country to the abyss, but instead he stopped and made the smarter choice. Instead of giving Bannon a rubber stamp on the national security council he gave the national security state a man they trust and respect.

General known for sharp questions will be Trump's new top security adviser - Reuters

Breaking Stock Market and Financial News

Wendy's misses profit expectations but beats on sales, raises dividend

MarketWatch Market Pulse - Thu, 02/16/2017 - 06:57

Wendy's Co. reported fourth-quarter earnings that fell to $28.9 million, or 11 cents a share, from $85.9 million, or 31 cents a share, in the same period a year ago. Excluding non-recurring items, adjusted earnings per share slipped to 8 cents from 12 cents, missing the FactSet consensus of 9 cents. Revenue declined to $309.9 million from $464.4 million, but was above the FactSet consensus of $308.4 million. The decline in sales resulted primarily from the ownership of 522 less company-operated restaurants. Same-restaurant sales in North America rose 0.8% from a year ago, beating expectations of 0.5% growth. The fastfood company said it was increasing its quarterly dividend by 0.5 cents to 7 cents a share, and authorized a new $150 million stock buyback program. Looking ahead, Wendy's expects 2017 North America same-restaurant sales growth of 2% to 3%. The stock, which was still inactive in premarket trade, has run up 19% over the past three months, while the S&P 500 has climbed 7.9%.

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Protests call for U.S. immigrants to stay home from work, school

Top Reuters News - Thu, 02/16/2017 - 06:07
NEW YORK/WASHINGTON (Reuters) - Activists are calling on immigrants to protest President Donald Trump's tough stance on immigration by staying home from work or school on Thursday, not shopping and not eating out, in an effort to highlight the vital role they play in U.S. society.

Kremlin says hopes to repair U.S. ties, but time is being wasted

Top Reuters News - Thu, 02/16/2017 - 05:18
MOSCOW (Reuters) - The Kremlin said on Thursday political turbulence in the United States was delaying the resumption of better relations between Washington and Moscow, which are needed to tackle global problems.

"It would be huge": U.S. border town confronts possible import tax

Top Reuters News - Thu, 02/16/2017 - 04:17
NOGALES, Arizona (Reuters) - For up to 16 hours a day, tomatoes, peppers, cucumbers and mangoes grown in Mexico flow north through a border checkpoint into Nogales, Arizona, helping to ensure a year-round supply of fresh produce across the United States.

Assad says Trump travel ban targets terrorists, not Syria's people

Top Reuters News - Thu, 02/16/2017 - 03:51
BEIRUT (Reuters) - Syria's President Bashar al-Assad said President Donald Trump's ban on Syrians entering the United States targeted terrorists, not the Syrian people, appearing to defend the logic of the measure in an interview broadcast on Thursday.

Displaced people of Syria's "beehive" villages dream of return

Top Reuters News - Thu, 02/16/2017 - 02:09
ALEPPO, Syria (Reuters) - The sculpted mud domes of the villages southeast of Aleppo are collapsing from war damage and neglect after years on the front line between Syria's army and Islamic State militants, their inhabitants long since gone.

Snap sets valuation at lower end of expectation: WSJ

Top Reuters News - Thu, 02/16/2017 - 01:50
(Reuters) - Snap Inc, the owner of the popular messaging app Snapchat, has set a valuation range for itself of $19.5 billion to $22.2 billion in its initial public offering, the Wall Street Journal reported, citing sources.

Newspapers aim to ride 'Trump Bump' to reach readers, advertisers

Top Reuters News - Thu, 02/16/2017 - 01:21
NEW YORK (Reuters) - The Trump administration's combative view of traditional news media as the "opposition party" and "fake news" is turning out to be the best hope in 2017 for newspapers struggling to attract more digital readers and advertisers.

Governor orders evacuation of Dakota pipeline protest camp

Top Reuters News - Thu, 02/16/2017 - 00:14
(Reuters) - The governor of North Dakota ordered protesters on Wednesday to evacuate a demonstration camp near the site of the Dakota Access Pipeline in the latest move to clear the area that has served as a base for opposition to the multibillion dollar project.

Malaysia arrests second woman in suspected assassination of North Korean leader's half-brother

Top Reuters News - Wed, 02/15/2017 - 22:50
KUALA LUMPUR (Reuters) - Malaysia has detained a second woman suspected in the apparent assassination of the estranged half-brother of North Korean leader Kim Jong Un, state news agency Bernama reported on Thursday, citing the inspector general of police.

Samsung chief questioned behind closed doors in arrest warrant hearing

Top Reuters News - Wed, 02/15/2017 - 22:48
SEOUL (Reuters) - A South Korean judge questioned Samsung Group leader Jay Y. Lee and another executive behind closed doors on Thursday to decide whether they should be arrested over their roles in a corruption scandal that has engulfed President Park Geun-hye.

Republican Senator Collins opposes Pruitt for EPA chief

Top Reuters News - Wed, 02/15/2017 - 22:46
WASHINGTON (Reuters) - Republican U.S. Senator Susan Collins of Maine said on Wednesday she would oppose Oklahoma Attorney General Scott Pruitt's nomination to head the Environmental Protection Agency, citing his numerous lawsuits against the agency.

Workers at Boeing's South Carolina plant reject union

Top Reuters News - Wed, 02/15/2017 - 22:39
SEATTLE/NORTH CHARLESTON, S.C. (Reuters) - Boeing Co handily defeated a union drive by workers at the company's aircraft factory in South Carolina on Wednesday, as almost three-quarters of workers at the plant who voted rejected union representation.

Key Senate committee chairman wants briefing on Flynn

Top Reuters News - Wed, 02/15/2017 - 20:13
WASHINGTON (Reuters) - The Republican and Democratic leaders of the U.S. Senate Judiciary Committee asked Attorney General Jeff Sessions and FBI Director James Comey on Wednesday to send the committee documents and provide a briefing on the resignation of President Donald Trump's national security adviser.

EPA staff told to prepare for Trump executive orders: sources

Top Reuters News - Wed, 02/15/2017 - 20:12
WASHINGTON (Reuters) - Staff at the U.S. Environmental Protection Agency have been told that President Donald Trump is preparing a handful of executive orders to reshape the agency, to be signed once a new administrator is confirmed, two sources who attended the meeting told Reuters on Wednesday.

Asian stocks at 1-1/2 year highs on robust Wall Street; dollar retreats

Top Reuters News - Wed, 02/15/2017 - 20:04
HONG KONG (Reuters) - Asian stocks edged up to fresh 19-month highs on Thursday, helped by an extended rally on Wall Street and strong U.S. data though the dollar stepped back after a recent bounce.

Exclusive: China 'Silk Road' project in Sri Lanka delayed as Beijing toughens stance

Top Reuters News - Wed, 02/15/2017 - 18:10
COLOMBO (Reuters) - China will delay a planned $1.1 billion investment in a port on its modern-day "Silk Road" until Sri Lanka clears legal and political obstacles to a related project, sources familiar with the talks said, piling more pressure on the island nation.

Avis Budget shares fall after earnings, revenue miss

MarketWatch Market Pulse - Wed, 02/15/2017 - 17:52

Avis Budget Group Inc. shares declined in the extended session Wednesday after the car rental company's quarterly earnings fell below Wall Street estimates. Avis shares fell 6.5% to $38 after hours. The company reported adjusted fourth-quarter earnings of 15 cents a share on revenue of $1.88 billion. Analysts surveyed by FactSet had estimated earnings of 17 cents a share on revenue of $1.97 billion. For 2017, Avis sees adjusted earnings of $3.05 to $3.75 on revenue of $8.8 billion to $8.95 billion. Analysts had estimated earnings of $3.46 a share on revenue of $9.01 billion.

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.

U.S. Labor Dept nominee Puzder withdraws, in blow to Trump

Top Reuters News - Wed, 02/15/2017 - 17:15
WASHINGTON (Reuters) - In a blow to President Donald Trump as he tries to assemble his administration, his nominee for labor secretary, Andrew Puzder, withdrew his name from consideration on Wednesday amid concerns that he could not garner enough Senate votes to be confirmed.

SunPower shares fall on wider-than-expected loss

MarketWatch Market Pulse - Wed, 02/15/2017 - 16:59

SunPower Corp. shares declined in the extended session Wednesday after the solar power company posted a wider-than-expected loss for the quarter. SunPower shares fell 6.2% to $6.80 a share after hours. The company reported an adjusted fourth-quarter loss of 64 cents a share on revenue of $1.1 billion. Analysts surveyed by FactSet had forecast a loss of 46 cents a share on revenue of $1.05 billion. For the first quarter, SunPower estimated revenue of $370 million to $420 million, while analysts had forecast $459.2 million.

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.

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