Verizon’s Earnings Have Some Soft Spots
Verizon Communications reported better-than-expected second-quarter 2014 results before markets opened Tuesday morning.
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Paul Ausick
Altria Earnings Unimpressive Without Buyback
Altria Group reported disappointing second-quarter 2014 results before markets opened Tuesday morning. Altria also added a new $1 billion stock buyback plan.
Texas Instruments Stock Sags on Disappointing Forecast
ThinkstockTexas Instruments Inc. (NASDAQ: TXN) reported second quarter 2014 results after markets closed Monday. The semiconductor maker reported diluted earnings per share (EPS) of $0.62 on revenues of $3.29 billion. In the same period…
The 4 Stocks That Weighed Down the Market
thinkstockJuly 21, 2014: Markets opened lower on Monday, stopping in its tracks the positive reversal we saw last Friday. There was no economic news today and the geopolitical news is dominated by the downing…
Chinese Meat Scandal at McDonald’s Pushes DJIA Lower
ThinkstockThe Dow Jones Industrial Average has traded lower all day since tumbling about 0.7% in mid-morning. The index got a downward push thanks to McDonald’s Corp. (NYSE: MCD) which has dropped 1.26% through mid-afternoon…
Verizon and AT&T Earnings Previews: Different Paths to Profit Growth
Before U.S. markets open Tuesday, telecom giant Verizon Communications is scheduled to report second-quarter earnings per share that are nearly 24% higher than in the same period a year ago.
McDonald’s and Yum! Halt Purchases From Meat Supplier
Chinese regulators have closed down a local meat supplier following a TV report that the company was mixing meat that had passed its expiration date with fresh meat and using other unsanitary practices.
Coke and Pepsi Likely Not to Please Investors
Coca-Cola has hit the consensus EPS estimate exactly in each of the past four quarters. PepsiCo has actually bested the EPS consensus in each of the past four quarters.
Allergan Chops 1,500 Jobs to Fend Off Valeant
Allergan reported better-than-expected second-quarter 2014 results before markets opened Monday morning. The Botox-maker also announced that it will execute a restructuring in the second half of 2014.
Valeant Offer Weaker After Allergan Earnings
In a sharply worded press release Monday morning, Valeant Pharmaceuticals said that it "can no longer tolerate" statements from Allergan that are "attempts to mislead investors."
Earnings and Buyback Drive Halliburton to New Highs
Halliburton reported second-quarter 2014 results before markets opened Monday morning. The oil and gas services company also boosted its stock buyback program by $4.8 billion.
Best Car Deals for the Month of July
Chrysler Group LLCThe editors at Kelley Blue Book (KBB) have put together a list of the best lease and purchase deals available for the month of July. There are five significant cash-back offers and…
Obama Administration OKs Oil & Gas Searches Off Atlantic Coast
ThinkstockSaying that the status quo does not meet the “need for action,” the U.S. Bureau of Ocean Energy Management (BOEM) on Friday issued a decision on what the agency will look for in permit…
Xbox One Sales Doubled in June, Still Trail PlayStation
courtesy of Sony Corp.In a war of words, not numbers, Microsoft Corp. (NASDAQ: MSFT) claimed last week that sales of its Xbox One doubled month-over-month in June. The company has not released any actual…
IPO Preview: The Deluge Continues
ThinkstockOf the 11 initial public offerings (IPOs) scheduled for the week ending July 19, the largest and arguably the most successful was that for TerraForm Power Inc. (NASDAQ: TERP), a yieldco spun off from…
Airline Fee Revenues Skyrocket 1,200% Over 7 Years
United Continental Holdings Inc.If it weren’t for the various ancillary revenues that airlines have cobbled together over the past several years, the industry would likely be in much worse shape. In 2007, 23 airlines…
The 4 Stocks That Lifted the Market
thinkstockJuly 18, 2014: Markets opened higher on Friday, reversing the nasty smackdown of Thursday. All three major indexes are headed for a strong finish to the week. Shortly before closing today the DJIA traded…
SunEdison Spin-Off TerraForm Power Scores Hot IPO
TerraForm Power, another spin-off from SunEdison, opened its first day of trading Friday morning more than 33% above its initial public offering price.
GE Lays Out Plan for Synchrony IPO
When GE reported second-quarter earnings Friday, it said that it hoped to get the spin-off of its North American consumer-finance business completed in an initial public offering by the end of July.
Is Amazon’s Readers’ Subscription Another Poke at Book Publishers?
There are at least a couple of interesting considerations related to Friday morning's announcement from Amazon.com of its Kindle Unlimited subscription service.