UnitedHealth, Verizon Lift DJIA Wednesday
UnitedHealth, Verizon, JPMorgan, and Disney posted solid gains to lift the DJIA Wednesday.
Archive
Year: 2017
All Year: 2017 Articles
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Alibaba to Offer Up to $7 Billion in Debt
Chinese e-commerce giant Alibaba filed a prospectus with the U.S. SEC for a bond offering estimated to total $5 to $7 billion.
Federal Regulator Considers Even More Action Against Wells Fargo
Wells Fargo is not off the hook yet, as a federal regulator says that it is considering a formal enforcement action in regards to the bank’s dealings in auto-insurance and mortgage operations.
Apple Counters Qualcomm With Patent Lawsuit of Its Own
Apple filed a countersuit against Qualcomm Wednesday morning alleging that Qualcomm has infringed eight Apple patents related to battery life. This marks the latest salvo in a year-long battle between the two companies.
More Improvement Needed in Chevy’s Self-Driving Bolt
The new 2018 Chevy Bolt made its media debut on Tuesday as it toured the streets of San Francisco, but it wasn’t exactly the smooth ride that everyone was expecting.
Marvell Slides Despite Solid Earnings and Guidance
Marvell Technology shares pulled back after it released its fiscal third-quarter results after the markets closed on Tuesday.
Is Rite Aid’s Major Gain Actually Bad News for the Longer Term View?
After a failed merger that crushed its stock, Rite Aid may never be able to get back to its highs of recent years, now that it has been shrinking its footprint. Or is that…
Crude Oil Price Wobbles After Inventory Report, Waiting on OPEC
U.S. crude oil inventories fell last week while inventories of gasoline and diesel fuel rose. Exports also dipped last week. Prices did not move much as traders look ahead to tomorrow's OPEC meeting for…
October Pending Home Sales Jump on Sharp Rise in the South
Pending home sales rose to their highest level since June last month according to today's report from the National Association of Realtors. The increase was particularly sharp in the southern U.S.
Is This Redesign the Right Move for Snap?
Snap made waves early on Wednesday after the firm announced that it would be drastically changing its platform.
US GDP Growth Hits 3-Year High
The Bureau of Economic Analysis issued its first revision for third-quarter gross domestic product for 2017. What should stand out in this report is that this marked the strongest quarterly output gain in three…
Can Investors Stomach a New CEO at Chipotle?
Chipotle Mexican Grill shares were briefly halted on Wednesday morning after the burrito chain announced that it would begin its search for a new CEO.
Qualcomm 5G Royalty Rate Shines Light on Dispute With Apple
Chipmaker Qualcomm has quietly announced patent licensing rates for its 5G technology. The company's current dispute with Apple becomes a little clearer as a result.
Bullish on Tax Reform, Top Analyst Raises Price Targets on Banks
These four top banks are still offering investors upside potential despite an extremely large run in the sector.
Autodesk Q3 Results Not Enough, Despite Topping Estimates
After Autodesk reported its most recent quarterly results late on Tuesday, shares tumbled in early trading Wednesday.