Trading Ideas
How General Motors' New Pickup “Ramp” Will Affect Profits
All-new Silverados and Sierras are shipping ahead of schedule. Here’s what that means for GM’s bottom line. …read more […]
Year: 2018
Business News
Gap’s shares fall as namesake brand sales disappoint
Gap Inc’s namesake brand reported a bigger-than-expected drop in quarterly same-store sales that outweighed revenue and profit beat and pushed the company’s shares down nearly 7 percent in after-market trading on Thursday.
Business News
HP Inc tops estimates, raises full-year adjusted profit forecast
HP Inc reported better-than-expected quarterly results and raised its full-year adjusted profit forecast on Thursday as it benefits from strong growth in its personal systems business and its acquisition of Samsung’s printer business.
Trading Ideas
Intuit: Fiscal 4Q Earnings Snapshot
MOUNTAIN VIEW, Calif. (AP) _ Intuit Inc. (INTU) on Thursday reported fiscal fourth-quarter net income of $49 million. The results exceeded Wall Street expectations. For the current quarter ending in November, Intuit expects its per-share earnings to range from 9 cents to 11 cents. …read more […]
Business News
Wall St. weighed by new round of U.S.-China tariffs
Wall Street’s major indexes fell on Thursday as trade-sensitive stocks were hit by a fresh round of tariffs in the trade dispute between the United States and China.
Trading Ideas
Autodesk: Fiscal 2Q Earnings Snapshot
On a per-share basis, the San Rafael, California-based company said it had a loss of 18 cents. Earnings, adjusted for stock option expense and restructuring costs, came to 19 cents per share. The results … …read more […]
Trading Ideas
Apple is hiring scores of ex-Tesla employees, and not just for its car project
Former Tesla employees are joining Apple in high numbers as the hardware juggernaut embarks on tighter controls of its manufacturing. …read more […]
Business News
Fed poised to raise rates, but maybe not much farther
Federal Reserve policymakers broadly agree that U.S. interest rates should rise further this year and next, despite U.S. President Donald Trump’s displeasure with such a plan, two policymakers’ comments underscored on Thursday.
Business News
Fed poised to raise U.S. rates, but maybe not much farther
Federal Reserve policymakers broadly agree that U.S. interest rates should rise further this year and next, despite U.S. President Donald Trump’s displeasure with such a plan, two policymakers’ comments underscored on Thursday.
Business News
Oil, copper slip as U.S.-China trade fight escalates
Oil and copper prices edged lower on Thursday as the U.S.-China trade dispute escalated while global equity markets fell as gains in U.S. technology shares failed to offset declines in commodity-related and trade-sensitive stocks.
Business News
General Mills changing Nature Valley labels after lawsuit’s pesticide claim
General Mills Inc agreed to stop calling the oats in its Nature Valley granola bars 100 percent natural to settle a lawsuit by three consumer groups that said the bars contained small amounts of the pesticide commonly known as RoundUp.
Business News
HP Inc quarterly profit jumps 26 percent
HP Inc , which houses the hardware business of former Hewlett-Packard Co, reported a 26.4 percent rise in quarterly profit on Thursday, due to strength in its personal systems that sells notebooks and desktops.
Business News
Stocks drop as trade spat escalates
Wall Street’s major indexes fell on Thursday as trade-sensitive stocks were hit by a new round of tariffs in the trade dispute between the United States and China.
Business News
S&P, Dow move lower as trade worries weigh
The S&P 500 and Dow Industrials moved lower on Thursday as trade-sensitive stocks were hit by a fresh round of tariffs in the ongoing trade dispute between the United States and China.
Business News
U.S.-China talks on trade war resume as new tariffs kick in
The United States and China escalated their acrimonious trade war on Thursday, implementing punitive 25 percent tariffs on $16 billion worth of each other’s goods, even as mid-level officials from both sides resumed talks in Washington.