Apple supplier Skyworks Solutions Inc forecast current-quarter revenue below estimates on Thursday as global smartphone demand slows and U.S. restrictions on customer ZTE weigh, overshadowing better-than-expected … …read more […]
Ryan, a Wisconsin Republican, forced Reverend Pat Conroy to tender his resignation last month, sparking a firestorm. Ryan has said he was dissatisfied with Conroy’s pastoral care to lawmakers. “It is my job as speaker to do what is best for this body, and I know that this body is not well served by a protracted fight over such an important position,” Ryan said. …read more […]
(Reuters) – CBS Corp , which is in tough merger talks with Viacom Inc , topped revenue and profit estimates on Thursday, helped by healthy ad sales and higher revenue from affiliate and subscription fees.
(Reuters) – Twitter Inc urged its more than 330 million users to change their passwords after a glitch caused some to be stored in readable text on its internal computer system rather than disguised by a process known as “hashing”.
Alibaba stock is off 10% since I wrote those words with $400 looking less likely by the day, and while I haven’t given up on Jack Ma, the concerns brought up recently by my InvestorPlace colleague James Brumley along with Seeking Alpha contributor Rohit Chhatwal has me considering alternative investment options than Alibaba. Brumley’s Apr. 20 article discussed how Alibaba’s competitors are partnering up to better understand the consumer so they can take market share from Jack Ma. …read more […]
WASHINGTON/CALGARY, Alberta (Reuters) – TransCanada Corp plans to start preliminary work on its Keystone XL pipeline project in Montana in the fall of 2018 ahead of full construction in 2019, according to a letter from the U.S. State Department to Native American tribes.
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 […]
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