Yahoo Finance Morning Bulletin: February 26, 2019



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<p class = "canvas-atom canvas-text Mb (1.0em) Mb (0) – sm Mt (0.8em) – sm" type = "text" content = "Tuesday, February 26, 2019"data-reactid =" 15 ">Tuesday, February 26, 2019

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WHAT TO LOOK

<p class = "canvas-atom canvas-text Mb (1.0em) Mb (0) – sm Mt (0.8em) – sm" type = "text" content = "President of the Federal Reserve & nbsp;Jerome Powell travels to Capitol Hill to testify before the Senate Banking Committee& nbsp; aujourd & # 39; hui. It is expected that Powell will reiterate its "patient" policy on monetary policy this year and outline the Fed's plans to reduce the central bank's balance sheet. The Senate Committee on Banks and Banks is in the mood for Powell to reiterate his "patient" monetary policy this year and outline the Fed's plans to reduce the central bank's balance sheet.

<p class = "canvas-atom-text-canvas Mb (1.0em) Mb (0) – sm Mt (0.8em) – sm" type = "text" content = "In addition, & nbsp;CEO of the largest pharmaceutical companies will be on the Hill for a hearing with the Senate Finance Committee on drug prices. The leaders of AbbVie, AstraZeneca, Bristol-Myers Squibb, Merck, Pfizer and Sanofi are expected to participate. Johnson & amp; Johnson will send its group president for pharmaceuticals in the Americas in place of the company's CEO. "Data-reactid =" 19 "> In addition, the CEOs of the largest pharmaceutical companies will be on the Hill for a hearing before the Senate Finance Committee, and Johnson & Johnson will send its Group Chair on pharmaceuticals to the Americas. the position of the president of the company, who is expected to attend the general meetings of AbbVie, AstraZeneca, Bristol-Myers Squibb, Merck, Pfizer and Sanofi.

<p class = "canvas-atom-canvas-text Mb (1.0em) Mb (0) – sm Mt (0.8em) – sm" type = "text" content = "The most important revenue reports include AutoZone (AZO), Discovery (DISCA), Home Depot (High Definition), Macy's (M) before the opening of the market. After the bell, e.l.f. beauty (ELF), Mylan (MYL), Palo Alto Networks (PANW), Papa Johns (PZZA), Toll Brothers (TOL), Weight Watchers (WTW"Data-reactid =" 20 "> Key Results Reports include AutoZone (AZO), Discovery (DISCA), Home Depot (HD), Macy's (M) before market opening. , Elven Beauty (ELF), Mylan (MYL), Palo Alto Networks (PANW), Papa John's (PZZA), Toll Brothers (TOL) and Weight Watchers (WTW) will report.

<p class = "canvas-atom canvas-text Mb (1.0em) Mb (0) – sm Mt (0.8em) – sm" type = "text" content = "Read more"data-reactid =" 21 ">Read more

TOP NEWS

Tesla CEO and Boring Company founder Elon Musk speaks at a press conference in Chicago. Tesla Inc. announces its results on Wednesday, October 24th. (AP Photo / Kiichiro Sato, File)

<p class = "canvas-atom canvas-text Mb (1.0em) Mb (0) – sm Mt (0.8em) – sm" type = "text" content = "Musk faces contempt complaint: The US Securities and Exchange Commission on Monday urged a judge to convict Elon Musk in contempt for violating a regulation requiring him to obtain Tesla (TSLA) the approval of social media publications and other writings that may be important to investors. This is a new set of regulatory issues for Musk, which raises new concerns about the billionaire CEO's ability to control his impulses and responsibly manage an open society. [Bloomberg]"data-reactid =" 34 ">Musk faces contempt complaint: The US Securities and Exchange Commission on Monday urged a judge to convict Elon Musk of contempt for violating a regulation requiring him to obtain Tesla approval (TSLA) for social media and social media publications. other writings that may be important to investors. This is a new set of regulatory issues for Musk, which raises new concerns about the billionaire CEO's ability to control his impulses and responsibly manage an open society. [Bloomberg]

<p class = "canvas-atom canvas-text Mb (1.0em) Mb (0) – sm Mt (0.8em) – sm" type = "text" content = "Here's what's left of General Electric: General Electric (GE) jumped on Monday after announcing the sale of its biopharmaceutical business to Danaher for $ 21 billion in cash. GE President and CEO Larry Culp – who led Danaher for more than a decade before joining GE in October – said he was "focused on managing the rest of the core business." [Yahoo Finance]"data-reactid =" 35 ">Here's what's left of General Electric: General Electric (GE) shares jumped on Monday after announcing the sale of its biopharmaceutical business to Danaher for $ 21 billion in cash. GE President and CEO Larry Culp – who led Danaher for more than a decade before joining GE in October – said he was "focused on managing the rest of the core business." [Yahoo Finance]

<p class = "canvas-atom canvas-text Mb (1.0em) Mb (0) – sm Mt (0.8em) – sm" type = "text" content = "The 2019 tax refunds are dropping nearly 17% on average, according to the IRS: The amount of the average refund of the tax continues to decrease, according to the latest & nbsp;IRS statistics. The IRS found that Americans filing tax returns now risk receiving 16.7% less money than what they received last year. According to the data, the average amount of reimbursements received in 2018 was $ 3,169, while this year's reimbursements were reduced to $ 2,640. [Yahoo Finance]"data-reactid =" 36 ">The 2019 tax refunds are dropping nearly 17% on average, according to the IRS: The size of the average tax refund continues to decline, according to the latest statistics from the IRS. The IRS found that Americans filing tax returns now risk receiving 16.7% less money than what they received last year. According to the data, the average amount of reimbursements received in 2018 was $ 3,169, while this year's reimbursements were reduced to $ 2,640. [Yahoo Finance]

<p class = "canvas-atom canvas-text Mb (1.0em) Mb (0) – sm Mt (0.8em) – sm" type = "text" content = "Etsy jumps after beating profits and incomes: Etsy (ETSY) reported earnings per share of $ 0.32 in the fourth quarter for a business turnover of $ 200 million. Analysts had anticipated a EPS of 0.21 USD on revenues of 194.9 million USD. [CNBC]"data-reactid =" 37 ">Etsy jumps after beating profits and incomes: Etsy (ETSY) reported a profit of $ 0.32 per share in the fourth quarter for a business turnover of $ 200 million. Analysts had anticipated a EPS of 0.21 USD on revenues of 194.9 million USD. [CNBC]

<p class = "canvas-atom canvas-text Mb (1.0em) Mb (0) – sm Mt (0.8em) – sm" type = "text" content = "Exclusive: Whole Foods Deletes the Name of a Small Format Store 365: Whole Foods 365 stores will soon become a thing of the past. The chain of groceries owned by Amazon (AMZN) plans to convert its existing 365 stores to Whole Food stores by the end of the year, Yahoo Finance has learned. This decision follows his decision to stop the expansion of small format stores. [Yahoo Finance]"data-reactid =" 38 ">Exclusive: Whole Foods Deletes the Name of a Small Format Store 365: Whole Foods 365 stores will soon become a thing of the past. The Amazon-owned grocery chain (AMZN) plans to convert all of its 365 existing stores to regular Whole Foods stores by the end of this year, Yahoo Finance has learned. This decision follows his decision to stop the expansion of small format stores. [Yahoo Finance]

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<p class = "canvas-atom canvas-text Mb (1.0em) Mb (0) – sm Mt (0.8em) – sm" type = "text" content = "A study reveals that three quarters of business economists expect a recession by 2021"data-reactid =" 40 ">A study reveals that three quarters of business economists expect a recession by 2021

<p class = "canvas-atom canvas-text Mb (1.0em) Mb (0) – sm Mt (0.8em) – sm" type = "text" content = "Apple's original video strategy "will remain uninspiring," says KeyBanc"data-reactid =" 41 ">Apple's original video strategy "will remain uninspiring," says KeyBanc

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<p class = "canvas-atom canvas-text Mb (1.0em) Mb (0) – sm Mt (0.8em) – sm" type = "text" content = "Canopy Growth was launched as a reserve at Jefferies, but remains "ready for world domination""data-reactid =" 43 ">Canopy Growth was launched as a reserve at Jefferies, but remains "ready for world domination"

<p class = "canvas-atom canvas-text Mb (1.0em) Mb (0) – sm Mt (0.8em) – sm" type = "text" content = "How much will you pay for the main streaming services if you give up the cable"data-reactid =" 44 ">How much will you pay for the main streaming services if you give up the cable

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