Visa Slides Despite Earnings Beat

Visa Inc. (NYSE: V) reported fiscal fourth-quarter financial results after markets closed Monday. The company posted $0.78 in earnings per share (EPS) and $4.3 billion in revenue. There were consensus ...
Read Full Story »
Stock Price

Bristol-Myers, Kimberly-Clark Join Monday’s 52-Week Low Club

October 24, 2016: Here are four stocks trading with relatively heavy volume among 36 equities making new 52-week lows in Monday's session. On the NYSE, advancers led decliners by about ...
Read Full Story »
stock market

Microsoft, Boeing Lead DJIA Higher Monday

October 24, 2016: Markets opened higher Monday following the weekend's announcements of several big mergers and a solid earnings report from DJIA component 3M. Several big tech names are due ...
Read Full Story »

Myovant Closes in on IPO

Myovant Sciences registered an amended Form S-1 with the U.S. Securities and Exchange Commission (SEC) regarding its initial public offering (IPO). The company intends to price 13 million shares in ...
Read Full Story »
3M wordmark

What to Watch for in 3M Earnings

3M Co. (NYSE: MMM) is scheduled to report third-quarter financial results before markets open Tuesday. The consensus estimates from Thomson Reuters are calling for $2.14 in earnings per share (EPS) ...
Read Full Story »
2016 Toyota Camry

Toyota, Lexus Top Car Quality Survey

Consumer Reports magazine on Monday released its reliability rankings for 2017, and once again Toyota Motor Corp. (NYSE: TM) snagged the top two spots in the league table with its ...
Read Full Story »

What to Expect for the Third Quarter 2016 GDP Report

This Friday will mark the first real look at third quarter GDP. While this is a backward-looking number, this number is closely watched as it marks the official yardstick that ...
Read Full Story »
falling oil prices

How Long Can US Crude Oil Costs Remain Low?

Among the many factors that contributed to the two-year decline in crude oil prices that now appears to be lifting is the lower cost of producing a barrel of crude ...
Read Full Story »
Female patient on gurney

What to Expect From Merck Earnings

Merck & Co. (NYSE: MRK) is scheduled to release its third-quarter earnings report after before the markets open on Tuesday. The consensus estimates from Thomson Reuters are $0.98 in earnings per ...
Read Full Story »

Manufacturing Activity Ticks Higher on October

Monday's economic data included the PMI Manufacturing Index flash reading, which rose unexpectedly to 53.2 for October. The September reading was 51.4, and Bloomberg had its consensus estimate at 51.2 for ...
Read Full Story »
iPhone 7 Plus

Can Apple Sell 50 Million iPhones?

When Apple Inc. (NASDAQ: AAPL) shares fourth-quarter and fiscal-year 2016 results after markets close on Tuesday, analysts are expecting the company to report iPhone sales of 45 million for the quarter ...
Read Full Story »
Prescription drugs

What to Look for When Eli Lilly Reports Earnings

Eli Lilly and Co. (NYSE: LLY) plans to release its most recent earnings report before the markets open on Tuesday. The consensus estimates from Thomson Reuters are $0.95 in earnings ...
Read Full Story »

Why Negative Analyst Views May Matter So Much on Ariad

Shares of Ariad Pharmaceuticals Inc. (NASDAQ: ARIA) were down handily on Monday. The drop follows news that JPMorgan downgraded the stock to Underweight from Neutral. The firm also set a $7 price target. ...
Read Full Story »
Gas Pump

Average Gas Price Rising Across US

The price of gasoline on Monday is higher than it was a year ago by just over a penny. In itself that doesn't seem like a big deal, but it ...
Read Full Story »
Loader tire

Caterpillar Gears Up for Q3 Earnings

Caterpillar Inc. (NYSE: CAT) is scheduled to report its third-quarter financial results before the markets open on Tuesday. This has been the best performing Dow stock in 2016, easily beating ...
Read Full Story »