Home / Business / Yahoo Finance Morning Bulletin: February 28, 2019

Yahoo Finance Morning Bulletin: February 28, 2019



<p class = "canvas-atom canvas-text Mb (1.0em) Mb (0) – sm Mt (0.8em) – sm" type = "text" content = "Thursday, February 28, 2019"data-reactid =" 15 ">Thursday, February 28, 2019

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WHAT TO LOOK

After a month late, the US Bureau of Economic Analysis (BEA) will finally release GDP data for the fourth quarter at 8:30 am ET. The BEA will combine the initial and second Q4 GDP reports to try to catch up with the government's backlog.

The US economy experienced strong growth in 2018, but economists expect a slowdown in the fourth quarter. Economists surveyed by Bloomberg expect economy to post annualized growth of 2.2% in the quarter, down from 3.5% growth in the third quarter and record growth 4.2% in the second quarter.

<p class = "canvas-atom web-text Mb (1.0em) Mb (0) – sm Mt (0.8em) – sm" type = "text" content = "The reports on the notable incomes planned for today. including Anheuser-Busch InBev (BUD), Crocs (CROX), J.C. Penney (JCP), JD.com (JD), NRG Energy (NRG), Pacific Gas & amp; Electric (PCG) before the opening of the market; AMC Entertainment (AMC), Autodesk (ADSK), Gap (GPS), Marriott International (TUE), Nordstrom (JWN), Vmware (VMW), Working day (Day) after the close of the market. "data-reactid =" 20 "> Among the reports on the significant benefits expected today are Anheuser-Busch InBev (BUD), Crocs (CROX), JC Penney (JCP), JD.com (JD), NRG Energy (NRG), Pacific Gas & Electric (PCG) before market opening: AMC Entertainment (AMC), Autodesk (ADSK), Gap (GPS), Marriott International (MAR), Nordstrom (JWN), VMware (VMW) , Workday (WDAY) after the market closes.

<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

President Donald Trump meets North Korean leader Kim Jong Un on Thursday, February 28, 2019 in Hanoi. (AP Photo / Evan Vucci)

<p class = "canvas-atom canvas-text Mb (1.0em) Mb (0) – sm Mt (0.8em) – sm" type = "text" content = "Trump left Kim after his American demands were rejected: President Donald Trump announced he was leaving his second summit with Kim Jong Un after the two leaders could not agree on an agreement to free North Korea from US sanctions in exchange for the abandonment of most of its nuclear weapons program by Pyongyang. [Bloomberg]"data-reactid =" 34 ">Trump left Kim after his American demands were rejected: President Donald Trump announced he was leaving his second summit with Kim Jong Un after the two leaders could not agree on an agreement to free North Korea from US sanctions in exchange for the abandonment of most of its nuclear weapons program by Pyongyang. [Bloomberg]

<p class = "canvas-atom canvas-text Mb (1.0em) Mb (0) – sm Mt (0.8em) – sm" type = "text" content = "4 dangers for Trump due to Michael Cohen's testimony: The testimony of Michael Cohen's Congress regarding his former boss – President Trump – was striking and unprecedented. But did he reveal something new? The answer is yes. [Yahoo Finance]"data-reactid =" 35 ">4 dangers for Trump due to Michael Cohen's testimony: The testimony of Michael Cohen's Congress regarding his former boss – President Trump – was striking and unprecedented. But did he reveal something new? The answer is yes. [Yahoo Finance]

<p class = "canvas-atom canvas-text Mb (1.0em) Mb (0) – sm Mt (0.8em) – sm" type = "text" content = "Also: Trump is struggling to pay Stormy Daniels shhh money [Yahoo Finance]"data-reactid =" 36 ">Also: Trump is struggling to pay Stormy Daniels shhh money [Yahoo Finance]

<p class = "canvas-atom canvas-text Mb (1.0em) Mb (0) – sm Mt (0.8em) – sm" type = "text" content = "The government asks Fidelity about mutual fund fees: The Ministry of Labor is investigating Fidelity Investments for obscure and confidential fees it imposes on certain mutual funds, according to a person familiar with the survey. [The Wall Street Journal]"data-reactid =" 37 ">The government asks Fidelity about mutual fund fees: The Ministry of Labor is investigating Fidelity Investments for obscure and confidential fees it imposes on certain mutual funds, according to a person familiar with the survey. [The Wall Street Journal]

<p class = "canvas-atom canvas-text Mb (1.0em) Mb (0) – sm Mt (0.8em) – sm" type = "text" content = "Starbucks rival Luckin Coffee selects three banks for IPO: The Chinese start-up Luckin Coffee, which aims to overtake Starbucks at home this year, has hired three banks, including Credit Suisse, to participate in a US IPO in 2019, said people knowledgeable directly the folder. [Reuters]"data-reactid =" 38 ">Starbucks rival Luckin Coffee selects three banks for IPO: The Chinese start-up Luckin Coffee, which aims to overtake Starbucks at home this year, has hired three banks, including Credit Suisse, to participate in a US IPO in 2019, said people knowledgeable directly the folder. [Reuters]

<p class = "canvas-atom canvas-text Mb (1.0em) Mb (0) – sm Mt (0.8em) – sm" type = "text" content = "Square falls after reporting slower growth: Square (SQ) posted fourth-quarter earnings higher than analysts' expectations on Wednesday. Square reported adjusted earnings per share of 14 cents, up 6 cents from a year earlier. But the forecast for the first quarter and revenue growth were weaker than expected. Shares fell 7% after Square's quarterly report. [CNBC]"data-reactid =" 39 ">Square falls after reporting slower growth: Square (SQ) released Wednesday a profit exceeding analysts' expectations. Square reported adjusted earnings per share of 14 cents, up 6 cents from a year earlier. But the forecast for the first quarter and revenue growth were weaker than expected. Shares fell 7% after Square's quarterly report. [CNBC]

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<p class = "canvas-atom canvas-text Mb (1.0em) Mb (0) – sm Mt (0.8em) – sm" type = "text" content = "Powell does not share AOC's interest in modern monetary theory"data-reactid =" 42 ">Powell does not share AOC's interest in modern monetary theory

<p class = "canvas-atom canvas-text Mb (1.0em) Mb (0) – sm Mt (0.8em) – sm" type = "text" content = "Dad John's will turn to celebrities and YouTube influencers to trigger a turnaround"data-reactid =" 43 ">Dad John's will turn to celebrities and YouTube influencers to trigger a turnaround

<p class = "canvas-atom canvas-text Mb (1.0em) Mb (0) – sm Mt (0.8em) – sm" type = "text" content = "The CEO of Planet Fitness is considering 4,000 gyms in the US"data-reactid =" 44 ">The CEO of Planet Fitness is considering 4,000 gyms in the US

<p class = "canvas-atom canvas-text Mb (1.0em) Mb (0) – sm Mt (0.8em) – sm" type = "text" content = "How NASA inspired Paul George's new Nikes"data-reactid =" 45 ">How NASA inspired Paul George's new Nikes

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