Breaking News Instant updates and real-time market news.

09:30
06/20/18
06/20
09:30
06/20/18
09:30

The U.S. current account gap widened

The U.S. current account gap widened to a narrower than expected $124.1 in Q1, following revisions back through 2014 (and through 2010 for some series) that lowered the deficits overall. Analysts saw revised gaps of $116.1 (was $128.2) B in Q4 and $103.4 (was $101.5) B in Q3. The widening in the gap over the past two quarters reflected a widening in the deficit for goods, and big gains for both exports and imports that were larger for imports. Analysts expect the current account gap to drop back to the $110 B area in Q2 thanks to ongoing strength in exports but a moderation in import growth. As noted in today's report, the new tax law had a huge but largely offsetting impact on the export sub-components for direct investment income receipts, as firms faced a one-time tax on accumulated foreign earnings, but no longer faced a tax on repatriated earnings starting in Q1. As such, direct investment earnings revealed a Q1 surge in dividends to $305.6 B thanks to a big gain in total repatriation, but a plunge in reinvested earnings to -$175.0 B as income was repatriated rather than reinvested. Analysts expect a widening in the annual current account deficit to $461 B in 2018 from gaps of $449 (was $466) B in 2017, $433 (was $452) B in 2016 and $408 (was $435) B in 2015, versus an $806 B record-high gap in 2006.

TODAY'S FREE FLY STORIES

NXE

NexGen Energy

$1.89

-0.085 (-4.30%)

12:17
10/23/18
10/23
12:17
10/23/18
12:17
Conference/Events
NexGen Energy management to meet with RBC Capital »

Meeting to be held in…

03/08/13
Wedge Partners
03/08/13
Credit Suisse
03/06/13
Citigroup
03/06/13
Barclays

See Street Research during your Free Trial

  • 29

    Oct

$NSD

NASDAQ Market Internals

$0.00

(0.00%)

12:17
10/23/18
10/23
12:17
10/23/18
12:17
Technical Analysis
NASDAQ market internals summary »

Volume is above average…

03/08/13
Wedge Partners
03/08/13
Credit Suisse
03/06/13
Citigroup
03/06/13
Barclays

See Street Research during your Free Trial

$NYE

NYSE Market Internals

$0.00

(0.00%)

12:16
10/23/18
10/23
12:16
10/23/18
12:16
Technical Analysis
NYSE market internals summary »

Volume is above average…

03/08/13
Wedge Partners
03/08/13
Credit Suisse
03/06/13
Citigroup
03/06/13
Barclays

See Street Research during your Free Trial

AEM

Agnico Eagle

$37.18

0.91 (2.51%)

12:15
10/23/18
10/23
12:15
10/23/18
12:15
Options
Agnico Eagle put volume heavy and directionally bearish »

Bearish flow noted in…

03/08/13
Wedge Partners
03/08/13
Credit Suisse
03/06/13
Citigroup
03/06/13
Barclays

See Street Research during your Free Trial

  • 25

    Oct

EDU

New Oriental Education

$52.96

-9.79 (-15.60%)

12:13
10/23/18
10/23
12:13
10/23/18
12:13
Downgrade
New Oriental Education rating change  »

New Oriental Education…

03/08/13
Wedge Partners
03/08/13
Credit Suisse
03/06/13
Citigroup
03/06/13
Barclays

See Street Research during your Free Trial

  • 23

    Oct

  • 01

    Nov

  • 02

    Nov

AAPL

Apple

$217.24

-3.38 (-1.53%)

, SPOT

Spotify

$146.50

-2.01 (-1.35%)

12:12
10/23/18
10/23
12:12
10/23/18
12:12
Periodicals
Pandora executive admits to late timing of premium offering, VB says »

According to Venture…

AAPL

Apple

$217.24

-3.38 (-1.53%)

SPOT

Spotify

$146.50

-2.01 (-1.35%)

P

Pandora

$8.47

-0.12 (-1.40%)

03/08/13
Wedge Partners
03/08/13
Credit Suisse
03/06/13
Citigroup
03/06/13
Barclays

See Street Research during your Free Trial

  • 01

    Nov

ANFGY

Antofagasta

$0.00

(0.00%)

12:08
10/23/18
10/23
12:08
10/23/18
12:08
Conference/Events
Antofagasta management to meet with RBC Capital »

Meeting to be held in…

03/08/13
Wedge Partners
03/08/13
Credit Suisse
03/06/13
Citigroup
03/06/13
Barclays

See Street Research during your Free Trial

  • 25

    Oct

MCD

McDonald's

$175.30

8.77 (5.27%)

, CAT

Caterpillar

$118.17

-10.47 (-8.14%)

12:07
10/23/18
10/23
12:07
10/23/18
12:07
OnTheFly
Fly Intel: Wall Street's top stories at midday »

Stocks opened sharply…

MCD

McDonald's

$175.30

8.77 (5.27%)

CAT

Caterpillar

$118.17

-10.47 (-8.14%)

MMM

3M

$187.86

-13.55 (-6.73%)

UTX

United Technologies

$127.36

0.94 (0.74%)

VZ

Verizon

$57.08

2.12 (3.86%)

TSLA

Tesla

$276.95

15.92 (6.10%)

CDNS

Cadence Design

$45.20

4.58 (11.28%)

PHM

PulteGroup

$22.27

1.39 (6.66%)

AMAT

Applied Materials

$33.16

-0.36 (-1.07%)

MC

Moelis

$42.49

-8.17 (-16.13%)

CNC

Centene

$130.47

-10.865 (-7.69%)

03/08/13
Wedge Partners
03/08/13
Credit Suisse
03/06/13
Citigroup
03/06/13
Barclays

See Street Research during your Free Trial

  • 23

    Oct

  • 23

    Oct

  • 23

    Oct

  • 23

    Oct

  • 23

    Oct

  • 23

    Oct

  • 23

    Oct

  • 24

    Oct

  • 29

    Oct

  • 29

    Oct

  • 29

    Oct

  • 30

    Oct

  • 31

    Oct

  • 01

    Nov

  • 12

    Nov

  • 13

    Nov

  • 13

    Dec

  • 14

    Dec

  • 12

    Mar

EBMT

Eagle Bancorp

$16.75

-0.75 (-4.29%)

12:05
10/23/18
10/23
12:05
10/23/18
12:05
Earnings
Eagle Bancorp reports Q3 EPS 30c, two estimate consensus 30c »

"For the third…

03/08/13
Wedge Partners
03/08/13
Credit Suisse
03/06/13
Citigroup
03/06/13
Barclays

See Street Research during your Free Trial

V

Visa

$136.59

-4.05 (-2.88%)

12:05
10/23/18
10/23
12:05
10/23/18
12:05
Conference/Events
Visa management to meet with RBC Capital »

Meeting to be held in…

03/08/13
Wedge Partners
03/08/13
Credit Suisse
03/06/13
Citigroup
03/06/13
Barclays

See Street Research during your Free Trial

  • 24

    Oct

  • 24

    Oct

  • 25

    Oct

  • 13

    Nov

  • 26

    Nov

  • 29

    Jan

COG

Cabot Oil & Gas

$22.68

-0.48 (-2.07%)

12:05
10/23/18
10/23
12:05
10/23/18
12:05
Options
Cabot Oil & Gas call volume above normal and directionally bullish »

Bullish option flow…

03/08/13
Wedge Partners
03/08/13
Credit Suisse
03/06/13
Citigroup
03/06/13
Barclays

See Street Research during your Free Trial

  • 26

    Oct

BA

Boeing

$346.06

-9.92 (-2.79%)

12:00
10/23/18
10/23
12:00
10/23/18
12:00
Earnings
Fly Intel: What to watch in Boeing's earnings report »

Boeing (BA) is scheduled…

03/08/13
Wedge Partners
03/08/13
Credit Suisse
03/06/13
Citigroup
03/06/13
Barclays

See Street Research during your Free Trial

  • 24

    Oct

ACB

Aurora Cannabis

$7.38

(0.00%)

12:00
10/23/18
10/23
12:00
10/23/18
12:00
Hot Stocks
Aurora Cannabis falls -15.0% »

Aurora Cannabis is down…

03/08/13
Wedge Partners
03/08/13
Credit Suisse
03/06/13
Citigroup
03/06/13
Barclays

See Street Research during your Free Trial

EDU

New Oriental Education

$53.16

-9.59 (-15.28%)

12:00
10/23/18
10/23
12:00
10/23/18
12:00
Hot Stocks
New Oriental Education falls -15.3% »

New Oriental Education is…

03/08/13
Wedge Partners
03/08/13
Credit Suisse
03/06/13
Citigroup
03/06/13
Barclays

See Street Research during your Free Trial

  • 23

    Oct

  • 01

    Nov

  • 02

    Nov

MC

Moelis

$42.59

-8.07 (-15.93%)

12:00
10/23/18
10/23
12:00
10/23/18
12:00
Hot Stocks
Moelis falls -15.9% »

Moelis is down -15.9%, or…

03/08/13
Wedge Partners
03/08/13
Credit Suisse
03/06/13
Citigroup
03/06/13
Barclays

See Street Research during your Free Trial

  • 29

    Oct

ABG

Asbury Automotive

$65.78

6.17 (10.35%)

12:00
10/23/18
10/23
12:00
10/23/18
12:00
Hot Stocks
Asbury Automotive rises 10.3% »

Asbury Automotive is up…

03/08/13
Wedge Partners
03/08/13
Credit Suisse
03/06/13
Citigroup
03/06/13
Barclays

See Street Research during your Free Trial

  • 23

    Oct

  • 06

    Nov

DWT

Britannia Bulk

$6.68

0.71 (11.89%)

12:00
10/23/18
10/23
12:00
10/23/18
12:00
Hot Stocks
Britannia Bulk rises 11.6% »

Britannia Bulk is up…

03/08/13
Wedge Partners
03/08/13
Credit Suisse
03/06/13
Citigroup
03/06/13
Barclays

See Street Research during your Free Trial

UVXY

ProShares Trust Ultra VIX Short Term Futures ETF

$60.75

7.41 (13.89%)

12:00
10/23/18
10/23
12:00
10/23/18
12:00
Hot Stocks
ProShares Trust Ultra VIX Short Term Futures ETF rises 13.9% »

ProShares Trust Ultra VIX…

03/08/13
Wedge Partners
03/08/13
Credit Suisse
03/06/13
Citigroup
03/06/13
Barclays

See Street Research during your Free Trial

CAT

Caterpillar

$118.92

-9.72 (-7.56%)

11:57
10/23/18
10/23
11:57
10/23/18
11:57
Hot Stocks
Caterpillar CFO: company focused on buyback »

Management said the…

03/08/13
Wedge Partners
03/08/13
Credit Suisse
03/06/13
Citigroup
03/06/13
Barclays

See Street Research during your Free Trial

  • 23

    Oct

11:56
10/23/18
10/23
11:56
10/23/18
11:56
Conference/Events
Morgan Stanley to hold an analyst/industry conference call on IT trends »

Managing Director Huberty…

CSX

CSX

$66.08

-2.23 (-3.26%)

11:55
10/23/18
10/23
11:55
10/23/18
11:55
Options
CSX put volume heavy and directionally bearish »

Bearish flow noted in CSX…

03/08/13
Wedge Partners
03/08/13
Credit Suisse
03/06/13
Citigroup
03/06/13
Barclays

See Street Research during your Free Trial

11:55
10/23/18
10/23
11:55
10/23/18
11:55
Conference/Events
CLSA financial analyst to hold an analyst/industry conference call »

Head of China A/H…

11:55
10/23/18
10/23
11:55
10/23/18
11:55
Conference/Events
CLSA Japan strategist to hold an analyst/industry conference call »

Japan Strategist,…

CNXN

Connection

$28.53

-0.25 (-0.87%)

11:54
10/23/18
10/23
11:54
10/23/18
11:54
Upgrade
Connection rating change  »

Connection upgraded to…

03/08/13
Wedge Partners
03/08/13
Credit Suisse
03/06/13
Citigroup
03/06/13
Barclays

See Street Research during your Free Trial

  • 01

    Nov

YNDX

Yandex

$26.78

-0.76 (-2.76%)

11:53
10/23/18
10/23
11:53
10/23/18
11:53
Recommendations
Yandex analyst commentary  »

Goldman says…

03/08/13
Wedge Partners
03/08/13
Credit Suisse
03/06/13
Citigroup
03/06/13
Barclays

See Street Research during your Free Trial

  • 29

    Oct

Get Full Fly Access

Breaking market intelligence sent straight to you
Our team of experts analyze every news story and filter out the noise to deliver real-time market moving news.
Up-to-date information on important industry events
Get real-time updates on events that are moving the market—from conferences and calls to syndicate announcements.
News focused on the companies in your portfolio
Create up to 12 portfolios with 150 stocks each, and see how active they are in market news.