• About
  • Advertise
  • Newsroom
  • Contact Us
Wednesday, March 22, 2023
No Result
View All Result
NEWS ALERTS
GantNews.com
62 °f
Clearfield
  • Home
  • Top Stories
  • News
    • Top Stories
    • A & E
    • Business News
    • Crime
    • Local News
    • Explore Jefferson
    • Features
    • Health News
      • Health & Wellness
    • Sports
      • Local Sports
  • Obituaries
  • Opinions
  • Classifieds
    • Real Estate
  • Health & Wellness
  • Home
  • Top Stories
  • News
    • Top Stories
    • A & E
    • Business News
    • Crime
    • Local News
    • Explore Jefferson
    • Features
    • Health News
      • Health & Wellness
    • Sports
      • Local Sports
  • Obituaries
  • Opinions
  • Classifieds
    • Real Estate
  • Health & Wellness
No Result
View All Result
GantNews.com
No Result
View All Result
ADVERTISEMENT
Home News Business News

Fed in focus; Earnings ramp up; Panera cooks up a deal?

by CNN
Wednesday, April 5, 2017
in Business News
0
0
0
SHARES
0
VIEWS
Share on FacebookShare on Twitter

1. Fed in focus: The Federal Reserve is scheduled to release the minutes from its latest meeting at 2 p.m. ET.

The minutes should give clues about what it will take for the Fed to push interest rates higher after it raised them in March. There should also be details about risks the Fed sees on the horizon.

On Tuesday, the U.S. central bank found itself in hot water after the long-serving president of the Federal Reserve Bank of Richmond — Jeffrey Lacker — resigned abruptly after admitting he shared confidential information with a financial firm in the fall of 2012. He’s since been questioned by several law enforcement agencies.

2. Earnings: Monsanto and Walgreens Boots Alliance are releasing earnings before the open Wednesday, while Bed Bath & Beyond is set to release earnings after the close.

Other big companies are slated to begin releasing their results in the middle of April, and there are high hopes for this earnings season.

According to estimates from FactSet, companies in the S&P 500 are forecast to report an average earnings increase of 9% from a year ago.

3. Global market overview: Stock markets are pretty calm right now. U.S. stock futures are holding around the levels where they closed on Tuesday.

European markets are mixed in early trading. But most Asian markets pushed up during the day. Chinese stocks did particularly well, with the Shanghai Composite and Shenzhen index rising by 1.5% and 1.9%, respectively.

Chinese construction firms surged on Wednesday after the government announced major plans for an urban development zone southwest of Beijing.

4. Delicious opportunities: Shares in Panera Bread are set to rally at the open based on expectations that the company could be looking to sell itself to a bigger firm.

Panera is considered one of the leaders in the so-called fast casual dining industry. There’s been speculation that companies like McDonald’s, Starbucks, KFC parent company Yum!, or even pizza king Domino’s, might be interested in a purchase.

5. Coming this week:

Wednesday – Earnings from Monsanto, Walgreens Boots Alliance and Bed Bath & Beyond; World Economic Forum on Latin America begins in Buenos Aires, Argentina

Thursday – Chinese President Xi Jinping visits President Trump at his Mar-a-Lago golf club.

Friday – U.S. Bureau of Labor Statistics releases monthly jobs report for March.

Connecticut governor creates guide for undocumented parents fearing deportation
21 companies pull ads from 'The O'Reilly Factor' in growing backlash

CNN

Next Post

North Korea fires ballistic missile as Trump, Xi prepare to meet

Please login to join discussion
GantNews.com

© 2020 GantNews

  • About
  • Advertise
  • Newsroom
  • Contact Us

No Result
View All Result
  • Home
  • Top Stories
  • News
    • Top Stories
    • A & E
    • Business News
    • Crime
    • Local News
    • Explore Jefferson
    • Features
    • Health News
      • Health & Wellness
    • Sports
      • Local Sports
  • Obituaries
  • Opinions
  • Classifieds
    • Real Estate
  • Health & Wellness

© 2020 GantNews

Welcome Back!

Login to your account below

Forgotten Password? Sign Up

Create New Account!

Fill the forms bellow to register

All fields are required. Log In

Retrieve your password

Please enter your username or email address to reset your password.

Log In