Why T-Mobile Crushed Q3 Estimates
T-Mobile last night posted record-breaking revenues for the third quarter. Subscriber growth in postpaid customers drove the increase.
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Paul Ausick
Apple Special Event: Round Two of ASP Gains
The Apple Event in Brooklyn Tuesday introduced a slew of updated products that analysts at Loup Ventures see as positives for the company's average selling price across all its product lines.
Crude Oil Price Up Slightly as Exports Rise, Refineries Stay in Maintenance Mode
The U.S. Energy Information Administration reported Wednesday that U.S. stockpiles of crude oil rose last week while gasoline and diesel fuel inventories declined. Crude production rose to more than 11 million barrels a day…
Airbus Q3 Earnings Popped, but Challenges Remain
Despite challenges in its A320 and A330 programs, Airbus beat estimates on both the top and bottom lines Wednesday. Reaching its goal of around 800 deliveries for the year remains problematic, however.
Why GM Earnings Put Investors in a Buying Frame of Mind
General Motors reported better-than-expected revenue and profits Wednesday morning. Sales fell, but higher prices made the difference.
Mortgage Applications Slide, Interest Rate Moves Mixed
Applications for new mortgages dropped by 2.5% last week according to the Mortgage Bankers Association's weekly report. Mortgage interest rates on a 30-year fixed-rate, conventional loan remained unchanged at 5.11%.
General Electric, Alibaba Plunge Into Tuesday’s 52-Week Low Club
Alibaba, General Electric, AK Steel, and Weatherford International all posted new 52-week lows on Tuesday.
Chesapeake Beats Estimates, Then Spends $4 Billion on an Acquisition
Oil & gas producer Chesapeake Energy reported better-than-expected profits and revenue Tuesday morning. Then the company announced a $4 billion acquisition and investors rushed for the exits.
Apple Preview: Validation of Apple as a Service
Analysts Gene Munster and Will Thompson offer a preview of Apple's quarterly results due to be released on Thursday.
Consumer Confidence Kept Rising in October, Now at 18-Year High
The Conference Board reported Tuesday that consumer confidence rose again in October as U.S. consumers retain a positive outlook based largely on solid employment prospects.
August Home Price Increase Dips to 20-Month Low
The S&P CoreLogic Case-Shiller national home price index rose 5.8% year over year in August, the first time in 12 months when the increase has fallen below 6%. The August reading is also a…
Why Coca-Cola Earnings Were Just Good Enough
Coca-Cola beat estimates for both profits and revenue when it reported third-quarter results Tuesday morning. Year-over-year profit was down, however, as the soft-drink maker continues to refranchise its bottling operations.
How BP Doubled Q3 Profits
Oil & gas giant BP reported third-quarter results early Tuesday morning. The company blew past both top and bottom line estimates.
Why General Electric’s Misses Are Pushing Shares Higher
GE reported third-quarter earnings Tuesday morning that missed analysts' estimates for both profits and revenues. The company also slashed its dividend. Investors traded the stock higher after the report.
Facebook, Alibaba Slide into Monday’s 52-Week Low Club
Weatherford International, Alibaba, Flex, and Facebook all posted new 52-week lows Monday.
Boeing, IBM Tank the Dow Monday
IBM, Boeing, Microsoft, and Visa were the worst Dow performers Monday as the index dropped more than 320 points.
US Gas Prices Dropped for Third Straight Week
The national average for a gallon of regular gasoline fell for the third consecutive week and has reached a price last seen by U.S. drivers in April.
Walmart Set to Open Cashierless Sam’s Club Store
Walmart will soon open a Sam's Club Now store in Dallas that allows club members to scan items as they shop and check out with a simple scan. The idea is similar to Amazon…
Dallas Fed Reports Texas Manufacturing Growth Slowing
The Federal Reserve Bank of Dallas reported Monday that expansion is continuing in Texas manufacturing but at a slower pace than in previous months.
GM, Ford Shares Get Boost for Different Reasons
U.S. carmakers General Motors and Ford traded higher Monday morning following reports that boosted one firm's shares thanks to an analyst's upgrade and the other's on a halving of a Chinese tax on some…