IBM Stumbles on Mixed Earnings
International Business Machines Corp. (NYSE: IBM) reported its first quarter earnings results after the markets closed on Tuesday. The company said that it had $2.38 in earnings per share (EPS) and $18.2 billion in…
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Year: 2017
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Tuesday’s Biggest Winners and Losers in the S&P500
April 18, 2017: The S&P 500 closed lower on the day, down 0.29% and 6.81 points to 2,342.20. Separately the DJIA closed down 0.55% on the day at 20,524.10, down approximately 112.82 points.
Valeant, Arena Pharmaceuticals in Tuesday’s 52-Week Low Club
Valeant, Arena, Teva, and Frontier Communications all posted new 52-week lows on Tuesday.
Goldman Sachs, Johnson & Johnson Sink the DJIA Tuesday
Goldman Sachs, J&J, American Express, and Travelers were the worst performing DJIA stocks on Tuesday.
US Drivers Remain Skeptical of Self-Driving Cars
American consumers remain wary of autonomous driving technology. One exception is an advanced emergency braking and steering system for which they are willing to pay significant premium.
Most Americans Don’t Mind Paying Taxes, but They Want Everyone to Pay
According to a new report, 62% of Americans say it bothers them "a lot" that some corporations do not pay their fair share of federal income tax and 60% are bothered "a lot" that…
4 Top Earnings to Look For on Wednesday
24/7 Wall St. has put together a preview of companies scheduled to report their quarterly results on Wednesday. Only one Dow stock is reporting Wednesday.
Americans Spend 5 Hours a Day on Their Mobile Devices
The time Americans spend using their mobile devices has nearly doubled in four years. Social and messaging apps command a large percentage of that time, but entertainment, especially video, is growing fast.
SEC Issues Asset Freeze Against Insider Traders
The SEC has sought an emergency court order to freeze assets tied to two brokerage accounts used last week to reap over $1 million.
Why Credit Suisse Sees Apple Driving Even Higher
Credit Suisse maintained an Outperform rating for the iPhone giant's shares but raised its price target.
CEO: ‘The Retail Bubble Has Now Burst’ — Which Retailers Are in the Most Trouble?
By Kashif, Investment Analyst at PrivCo, a private company financial intelligence platform On an earnings call with investors in March, Urban Outfitters CEO Richard Hayne admitted something his fellow retail barons have known all…
10 Most Eco-Friendly Cars for Earth Day 2017
Earth Day 2017 is this Saturday, and just in time for your weekend car shopping trip, Kelley Blue Book has issued a list of its top picks for hybrid, plug-in hybrid and all-electric vehicles.
Arena Pharmaceuticals Sinks After Announcing Secondary Offering
Arena Pharmaceuticals saw its shares drop sharply on Tuesday after the company announced a secondary offering of 60 million shares of its common stock.
IMF Gives an Upgrade-Lite Outlook for Global Growth
The IMF is suggesting that momentum in the global economy has been building since the middle of last year, and it is reaffirming its earlier forecasts of higher global growth in 2017 and 2018.
Milacron Files for IPO
Milacron Holdings has filed with the U.S. Securities and Exchange Commission (SEC) regarding its initial public offering (IPO).