SMART-TD votes down labor deal as rails move closer to national strike

An aerial view of shipping containers and freight railway trains at the BNSF Los Angeles Intermodal Facility rail yard in Los Angeles, California, September 15, 2022. Bing Guan | Reuters SMART-TD, one of the largest railroad labor unions, voted down the tentative agreement with rail management, raising the likelihood of a strike in December. The … Read more

Oversold high quality stocks as market headwinds fade

The S & P 500 ‘s hot streak continues after a third straight week of gains and a 9.1% climb in July. Throw in a better-than-expected earnings season and some strong economic data, and the market might just be ready to move on from a dramatic first half. It’s certainly a view echoed by Morningstar … Read more

Markets face crucial summer week, with Fed, earnings and economic data

A trader works on the floor of the New York Stock Exchange (NYSE), June 27, 2022. Brendan McDermid | Reuters There’s a head-spinning amount of news for markets to navigate in the week ahead, the biggest of which will be the Federal Reserve’s midweek meeting. The two largest U.S. companies — Microsoft and Apple — … Read more

Caterpillar, Chevron, Apple and others

Check out the companies that make headlines before the clock: Caterpillar (CAT) – Caterpillar earned an adjusted $ 2.69 per share for the fourth quarter, beating the consensus estimate of $ 2.26, with revenue also above analysts’ forecasts. Heavy equipment manufacturer sales increased by 23% from a year earlier despite supply chain restrictions. However, increased … Read more