Alibaba Sees Huge Growth From the Cloud
Chinese e-commerce giant Alibaba released better-than-expected fiscal first-quarter financial results before the markets opened on Thursday.
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Year: 2017
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US Gulf of Mexico Oil & Gas Lease Sales Attract $137 Million in Bids
The U.S. Department of the Interior's Bureau of Ocean Energy Management held its first offshore lease sale on Wednesday and received bids valued at $137 million on 508,096 acres.
Why Walmart Earnings Disappointed Investors
Walmart reported quarterly results this morning that beat earnings estimates by a penny a share and also beat revenue estimates. But profits are under pressure and the company's guidance was disappointing.
Will an Outsider Restructure Time Inc.?
The restructuring of a troubled company is often led by its chief executive officer or another very senior executive. Apparently, this will not be the case with America's largest publisher.
Number of Americans With Equity-Rich Homes Rises, With San Jose, San Francisco and LA at Top
The number of houses considered equity rich are most concentrated among California's big cities. Many of these areas have been booming because of the strength of the tech industry.
6 Most Important Things in Business Today
Apple reportedly will spend $1 billion to acquire outside content for its media distribution businesses, the value of home equity in the United States continues to rise, and more important headlines.
Cisco Sinks Despite Meeting Q4 Estimates
Cisco Systems, Inc. (NASDAQ: CSCO) reported its fiscal fourth-quarter financial results after the markets closed on Wednesday. The networking giant said that it had $0.61 in earnings per share (EPS) and $12.1 billion in…
Wednesday’s Biggest Winners and Losers in the S&P 500
Wednesday was a mixed day for the U.S. broad markets. Crude Oil continued to pull back from the $50 price level and Oil & Gas stocks did not respond well. Separately, retail stocks were…
General Electric, Transocean Plunge into Wednesday’s 52-Week Low Club
General Electric, Transocean, Whiting Petroleum, and Dick's Sporting Goods all posted new 52-week lows Wednesday.
United Technologies, Home Depot Push DJIA Higher Wednesday
United Technologies, Home Depot, Visa, and McDonald's led the DJIA higher on Wednesday.
Quirky Foods Invented Since 1920
How particular is your palate? Would you be willing to try a food that’s out of the ordinary? What do you identify as a quirky food? 24/7 Wall St. tracked down what we thought…
Is There a Buyer for Ford?
Ford has had a rough few years, and the carmaker's share price has fallen sharply. Could an acquisition be the answer? Who might be potential buyers?
FibroGen Prices Follow-On Offering
Shares of FibroGen saw a handy gain on Wednesday after the biopharmaceutical company announced the pricing of its underwritten follow-on offering.
What Analysts Are Saying After Urban Outfitters Crushed Earnings
Urban Outfitters saw an incredible response following its fiscal second-quarter financial results. Most expected this struggling retailer to tank, but it surprised analysts and investors.
Crude Oil Price Flat After Inventory Decline on Strong Export Volume
The U.S. commercial crude oil stockpile fell by nearly 9 million barrels last week, but lower demand for gasoline and higher export volumes continue to work against higher crude prices.