On a per-share basis, the Santa Clara, California-based company said it had profit of $1.79. Earnings, adjusted for one-time gains and costs, were $1.66 per share. The results beat Wall Street expectations. … …read more […]
NEW YORK (Reuters) – The S&P 500 ended lower on Thursday after a choppy session as disappointing earnings reports from several companies offset strong economic data.
NEW YORK (Reuters) – A small hedge fund manager who has long been betting against Tesla Inc on Thursday redoubled his call for the stock to fall to zero, comments that came as investors were already hammering the electric car maker.
(Reuters) – Twitter Inc urged its more than 330 million users to change their passwords after a glitch caused some of them to be stored in plain text on its internal computer system.
NEW YORK (Reuters) – U.S. stocks ended lower on Thursday after a choppy session as strong economic data offset disappointing earnings reports from several companies.
When Ford offered Autoblog the chance to spec out our own 2018 Ford Mustang, we jumped at the opportunity. Who wouldn’t want some extended seat time in the latest version of the original pony car? After waiting out the long, cold winter (and a pre-delivery mishap that required the repainting of a bumper), our new Mustang is finally here. …read more […]
LOS ANGELES (Reuters) – Sprouts Farmers Market Inc said on Thursday it ended its Prime Now delivery partnership with Amazon.com on May 1 and cut its full-year sales targets, sending shares of the U.S. supermarket chain down almost 12 percent.
WASHINGTON (Reuters) – Former Volkswagen chief executive Martin Winterkorn was charged in federal court in Detroit with conspiring to mislead regulators about the German automaker’s diesel emissions cheating.
Shares of Alibaba (BABA) were down just over 0.5% through early afternoon trading hours Thursday–the final trading period before the Chinese e-commerce giant is scheduled to release its latest quarterly earnings report. …read more […]
Over a million more people moved out of California from 2006 to 2016 than moved in, according to a new report, due mainly to the high cost of housing that hits lower-income people the hardest. “A strong economy can also be dysfunctional,” noted the report, a project of Next 10 and Beacon Economics. Housing costs are much higher in California than in other states, yet wages for workers in the lower income brackets aren’t. …read more […]
WILMINGTON, Del. (Reuters) – Broadway producer Howard Kagan said he has raised his last-minute bid for the Weinstein Company in another push to acquire the TV and film producer, which filed for bankruptcy in the wake of harassment claims against co-founder Harvey Weinstein.
NEW YORK (Reuters) – U.S. stocks were mixed on Thursday, seesawing between positive and negative territory during the session as strong economic data offset disappointing earnings reports from several companies.
NEW YORK (Reuters) – Short-sellers who had targeted Tesla Inc logged a $700 million paper profit on Thursday after the stock fell nearly 9 percent a day after Chief Executive Elon Musk stunned analysts by dodging “boring” questions about the electric car maker’s financial outlook.
White House Press Secretary Sarah Huckabee Sanders takes questions from the media. …read more […]
(Reuters) – Tesla Inc chief Elon Musk’s refusal to answer “boring” Wall Street questions about finances sent the electric vehicle maker’s shares down as much as 7 percent on Thursday, jarring investors and raising concerns about its ability to raise money in the future.
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