In recent times, Walmart has reportedly been upping the ante on baby products, including the addition of a new version of its diaper brand. However, the overall prices on Amazon were an average of 13 % lower than those on several other major online retailers,  according to Profitero’s research.But for certain specific categories, Amazon could not offer the cheapest prices: Chewy.com’s pet supplies was 2.3% cheaper, while Jet.com had 0.4% lower prices than Amazon in Beauty and 2.6% cheaper offers in Music & CDs.

UBS, Switzerland's largest bank, is preparing for a legal battle with the U.S. Department of Justice.The DOJ is bringing civil charges against the bank for its sale of mortgage-backed securities just prior to the 2008 financial meltdown. The DOJ has settled similar claims with Citigroup Inc., Deutsche Bank, JPMorgan Chase & Co., Credit Suisse Group, Morgan Stanley, Goldman Sachs, Bank of America Corp and Barclays Plc. Barclays reached a $2 billion settlement in March. Separately, the government in France is asking a Paris court to fine UBS 1.6 billion euros or $1.8 billion for allegedly helping clients commit tax fraud.

Notwithstanding a searing trade war with the U.S., China’s exporters experienced a strong October. Chinese exports surged +16% in October compared to the year-ago period.The tariff rate, which is now 10% on these goods, will be hiked to 25% by the end of the year – something that could have potentially accelerated demand for Chinese exports in October, before prices increase further. Another possible factor behind the export boost could be a weakening Chinese yuan, which lost almost -10% in value against the U.S. dollar since February.

Denholm is currently the chief financial officer of Australian telecommunications company Telstra, and also a member of Tesla’s board. This year, Tesla has been through a roller-coaster mostly in terms of headline-grabbing declarations from its CEO Musk and the consequent clashes with regulators.Although Musk can remain a board member and CEO of Tesla, he is not permitted to seek reelection as chairman for three years, per the settlement’s terms. Denholm will start her new position at Tesla after completing her six-month notice period with Telstra.

Coty Inc.’s share prices slumped more than 22% on Wednesday as the makers of CoverGirl cosmetics were hit by an unparalleled supply chain disruption in two of its major markets, the U.S. and Europe, resulting into a steeper-than-expected decline in its first-quarter revenue and profit. The multinational cosmetics and fragrance maker reported a decline of 9.2% in its first quarter sales to stand at $2.03 billion.However, excluding items, the company reported an adjusted profit of 11 cents a share for the quarter, beating analysts’ estimate of 7 cents a share.

West Texas Intermediate futures are already down 20% from the near four-year high. U.S.oil production is already up a stunning 2 million barrels a day from the same period last year, and 400,000 barrels from the week earlier, based on weekly U.S. government data.

The Fortune 500 natural gas and propane company, Energy Transfer Partners, on Wednesday announced their Q3 2018 earnings report where it reported a Q3 GAAP EPS of $0.32.missing analysts estimates by $0.10. But the adjusted EBITDA of ET totaled a record $2.58 billion, while revenues jumped 45% on a y-o-y basis to $14.5 billion for the quarter, beating the estimate by $1.37 billion.

Despite strong earnings results, the tepid rally in Microsoft (NASDAQ:MSFT) wasn’t adequate enough to elevate the stock amid a barrage of market-wide selling pressure.Instead, we saw Microsoft stock tumble from an October high of $116 down to $100. READ MORE...

Shares of Starbucks (NASDAQ:SBUX) have brewed up a hot, strong stock price.Its earnings result on Nov. 1 sent shares higher by roughly 10%. READ MORE...  

The S&P 500 Index got a boost today from the healthcare sector.The results from the mid-term election -- with the House of Representatives being taken back by the Democrats -- almost certainly removes all risk of an Obamacare repeal and lowers the risk of any major legislative changes. The S&P Managed Care Index arguably rose to record highs as a result. Also, some states - Idaho, Utah, and Nebraska - voted to expand Medicaid, giving a boost to health-related stocks as well. UnitedHealth, the largest U.S. health insurer, is gaining on the day as is Anthem.

Altria Group beat Q3 estimates of earnings-per-share (EPS) and revenue.Nu-Mark will sell only tobacco, menthol, and mint flavors of MarkTen and Green Smoke cig-a-likes until any further order from the FDA.

The conglomerate announced Tuesday that it is handing over its commercial LED making business Current to private equity firm American Industrial Partners. GE's decision to sell its commercial lighting business comes merely three years after it was started to make LED technology, sensors, controls and software that were supplied to offices of companies like  Walmart and JPMorgan Chase.Previously this year, GE revealed plans to spin-off its healthcare segment, and agreed to sell its 111 year old rail business to locomotive company Wabtech. On Tuesday, GE also completed the $3.25 billion sale of its distributed power segment to private equity company Advent International.

After years of lazy coasting that mostly leveraged the well-established Intel name, a largely-left-for-dead AMD came roaring back with a new product lineup that its bigger rival just wasn’t ready for.Advanced Micro Devices is going to beat Intel to the 7 nanometer finish line, much to the chagrin of INTC stock owners. READ MORE...

The upper rail of the cycle is in the same area as the 50-day moving average and that means the stock has two layers of resistance to break through. Something else to take note of is how the daily stochastic readings have only reached overbought levels in two instances over the last six months.Both times were when the stock was at the top of the channel. In addition to the technical pattern that has been guiding the stock lower, the fundamentals are pretty poor.

The Nasdaq’s loss was its worst since November 2008. The Russell also lost ground in September and that put the index in oversold territory based on a couple of indicators.Using the iShares Russell 2000 ETF (NYSE: IWM) as a barometer for the index, we can see just how oversold the Russell was.

Nvidia Corp. (NVDA), Marvell Technology Group Ltd. (MRVL), and Taiwan Semiconductor Manufacturing Company Ltd. (TSM), despite all being down in double digits from earlier highs, are considered diamonds-in-the-rough, according to a few veteran market watchers.They see the semiconductor sector as a treacherous place to be right now, according to CNBC. READ MORE...

Apple shares slide below $200 for the first time in three months. The tech giant's market capitalization dropped below $1 trillion on Friday. READ MORE...

Liquefied natural gas shipper Golar LNG Limited reported improved revenue, EBITDA and net income for the quarter on the back of a resurgent shipping market. The company reported that its fleet utilization in Q3 increased to 86% from 62% in Q1, resulting in its daily time charter equivalent earnings rising from $19,600 in Q1 to $41,200 in Q3. Total operating revenues for the quarter net of expenses increased from $42.9 million in Q2 to $98.4 million in Q3.In addition to the approximately $51 million of tolling fee revenue, it also earned $11.3 million of Brent-linked revenue.

Following some repair work, Enbridge has been able to provide partial service to customers of its BC Pipeline.However, it has asked its retail customers to conserve throughout the winter as the lines are expected to operate at only ~55% of its operating pressure, even though a majority of the repairs are reportedly complete. BC Pipeline comprises of two parallel lines, one 36-in.

The century-old but struggling multinational business conglomerate, General Electric, is all set to sell-off its gasification business to the industrial gases and chemicals seller Air Products and Chemicals Inc (APD, $157.37) for an undisclosed amount. For GE, it comes as a part of its divestiture strategy to secure the company’s long-term future. But for APD, this acquisition is highly beneficial as it allows the company to widen its synthesis gas (syngas) solutions product offerings.Furthermore, with the proven technological strength of GE, it enhances APD’s capabilities along with complementing its recent gasification technology acquisition.