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AF News

Delta, American Airlines Slump as Saudi Attack Sparks Oil Price Surge

Airline stocks drop following a weekend attack on two key Saudi Arabian oil facilities that pushes oil prices to briefly their highest since the 1991 Gulf War, prompting concern that jet-fuel costs are likely headed higher.

Analysts' Actions -- Buffalo Wild Wings, Citrix, JPMorgan, PayPal and More

Here are Thursday's top research calls, including upgrades for Citrix, JPMorgan, PayPal and Wells Fargo, and a downgrade for Buffalo Wild Wings.

Sterling Bancorp Purchases Astoria Financial for $2.2 Billion

The merger is a stock-for-stock transaction.

Don't expect scrapped Astoria Financial merger to discourage Trump era deal-making

Dismantling of the merger may have more to do with an activist hedge fund's agitation than regulatory concerns. Expect the Fed to OK mid-sized bank deals in the coming months

Analysts' Actions -- Alphabet, Cardinal Health, Monster and More

Here are Wednesday's top research calls, including a downgrade for Cardinal Health, an upgrade for Monster Beverage and new coverage of Alphabet.

Breaking News

Target Stock Slides As Discounts Clip Margins, Sharply Trim Q2 Earnings

"While these inventory actions put significant pressure on our near-term profitability, we're confident this was the right long-term decision," said CEO Brian Cornell.

Taking Social Security? Retirees May Get a Big COLA Bump Up in 2023.

U.S. retirees may get a big benefit with the next Social Security cost-of-living adjustment for 2023.

Retail Sales Stall In July, But Core Spending Gains As Gas Prices Tumble

Core retail sales improved firmly in July, but the headline figure was essentially unchanged as gas prices tumbled from their June record highs.

Amazon Accuses a Powerful Regulator

E-commerce giant Amazon is the subject of a major investigation linked to its Prime service. It's not sitting idly by.