Major U.S. benchmarks are all trading narrowly lower as both the dollar and latest economic data weight on traders. Tesla (TSLA) slid after a downgrade to UNDERPERFORM from OUTPERFORM at CLSA. The firm is still bullish for the long-term on the electric carmaker. Kraft (KRFT) and Heinz (HNZ) are not the day's only dealmakers. Shares of Kofax (KFX) jumped 46% after the software developer agreed to be acquired by Lexmark (LXK), a computer imaging company for nearly $1 billion. Merck (MRK) is pulled back from an early boost after increasing its stock buyback program. Last year, the drug maker returned $13 billion to its shareholders.
TheStreet’s Fundamentals of Investing Course will teach you the keys to making the right decisions in any market.
TheStreet’s Personal Finance Essentials Course will teach you money management basics and investing strategies to help you avoid major financial pitfalls.
TheStreet Courses offers dedicated classes designed to improve your investing skills, stock market knowledge and money management capabilities.
More from Video
Kohl's and 2 Other Retail Earnings That Every Investor Should Watch This Week
Feeling overwhelmed as the markets gear up for retail earnings palooza? Action Alerts PLUS senior analyst Jeff Marks is watching three key retail earnings.
These Artworks are More Expensive Than Jeff Koons 'Rabbit'
Jeff Koons 'Rabbit' sold for $91 million - setting new auction record. Let's have a look at the most expensive artworks that have surpassed even that throughout the years.
What Investors Need to Know About Nvidia for the Rest of 2019
Nvidia reported earnings on Thursday, May 16. Action Alerts PLUS research analyst Zev Fima breaks down what investors need to know about the chip stock going into the second half of 2019.
17 Satirical Game of Thrones' Quotes About Investing
Game of Thrones fans now know who sits on the Iron Throne so we're moving on to Wall Street. Watch the video tribute, as we conjured up quotes for TheStreet Columnists.