Market News
PacWest Bancorp Named Top Dividend Stock With Insider Buying and 4.21% Yield
Forbes - 2 Nov 2017 17:04
So when stocks turn up that see insider buying, and are also top ranked, investors are wise to take notice. One such company is PacWest Bancorp (NASD: PACW), which saw buying by EVP, Chief Financial Officer Patrick J. Ru...
Starbucks To Sell Tazo Tea Brand To Unilever For $384 Million
Forbes - 2 Nov 2017 22:48
Starbucks may be shuttering its Teavana stores, but it hasn't given up on the brand. On the contrary, it's counting on Teavana to be its primary vessel for tea sales: the coffee giant announced Thursday that it is sellin...
AIG Needs a Refresher in Insurance Basics
Wall Street Journal - 2 Nov 2017 22:35
Brian Duperreault's turnaround job at American International Group will be harder and take longer than it first seemed.
Activision Blizzard to report earnings after the close
CNBC - 2 Nov 2017 21:50
Revenue and EPS estimates represent a 6.7 percent increase and 5 percent decrease year over year, respectively.
Pandora Media shares slip after earnings release
CNBC - 2 Nov 2017 21:48
The company is struggling to compete with big-name rivals such as Apple, Google and Amazon.
Apple blows past Wall Street expectations as the iPhone 8 becomes a surprise best-seller
CNBC - 2 Nov 2017 21:43
Apple's flagship product, the iPhone X, hits stores on Friday -- later than usual.
Starbucks tanks on revenue miss, to sell Tazo tea brand to Unilever
CNBC - 2 Nov 2017 21:32
Starbucks reported revenue that missed analysts' expectations on Thursday, sending shares down nearly 6 percent.
The Tax Plan's Pleasant Surprises for Investors
Wall Street Journal - 2 Nov 2017 21:09
The Republican tax plan contains most of what prompted investors to bid the stock market up to a record in recent months with only a few twists, but the economic boost is less than it could have been.
Trump Taps Jerome Powell As Next Fed Chair In Call For Continuity
Forbes - 2 Nov 2017 21:09
Powell is widely seen as a known quantity who will lead the central bank in a similar manner as his predecessor at a time of record-breaking stock prices and an improving economy.
Manager's Bet On Visa, Mastercard, and Paypal Pays Off
Forbes - 2 Nov 2017 20:21
With all the attention paid to Bitcoin, it is easy to forget that traditional electronic payment firms can be great investments.
Hurricane Harvey May Reshape Houston's Future As City Takes On Pension Reform
Forbes - 2 Nov 2017 19:51
The City of Houston has bet its future on a high-profile pension overhaul that now may face unexpected fallout from Hurricane Harvey.
3 Stocks That Could Sprint Higher In November
Forbes - 2 Nov 2017 19:26
A shower of trading releases are scheduled in the weeks and days ahead. This article looks at three shares that could be set to soar on the back of fresh market updates.
Key Takeaways From Boston Scientific's Q3
Forbes - 2 Nov 2017 19:20
Boston Scientific's stock saw a decline despite the company beating analyst estimates in Q3 2017
Clorox Boosts ROIC With Clean Corporate Governance
Forbes - 2 Nov 2017 19:03
This firm aligns executives' and shareholders' interests by tying compensation to economic earnings and has increased its return on invested capital (ROIC) for five straight years. We expect management's strategic focus ...
Proposed Tax Plan Shows Growing Generational Divide
Forbes - 2 Nov 2017 18:48
The newly proposed tax bill and the process leading up to its creation show a growing generational divide in the United States. The tax bill clearly favors wealthier older Americans over future generations by pushing the...
New York Times Misses Expectations Despite Growth In Digital Subscriptions
Forbes - 2 Nov 2017 18:48
New York Times' stock slid slightly after reporting mixed fiscal third quarter results on November 1, as its earnings came in ahead of market expectations but revenues missed. Below we highlight some of the most notable ...
Top Manager Still Waiting For Tesla To Drop Enough To Buy More
Forbes - 2 Nov 2017 18:43
Tesla's stock has dropped 8% in the past 2 days. In early October when news first broke that Tesla's Model 3 production would come in far below expectations, the stock was at $350 and Gorden Lam said the dip was not enou...
Ad Revenue Growth Continues To Propel Facebook
Forbes - 2 Nov 2017 18:40
Facebook posted strong third-quarter results on Wednesday, November 1, with revenues increasing 47% year on year (y-o-y) to over $10.3 billion, beating Reuters' compiled consensus estimates of $9.84 billion.
Semiconductors Drive Qualcomm's Earnings Beat, Outlook Remains Positive
Forbes - 2 Nov 2017 18:29
Qualcomm published its Q4 results on Wednesday, November 1, beating market expectations on both earnings and revenues, driven by a stronger performance of its semiconductor business, which is gaining traction in opportun...
Yelp Earnings: Mobile Continues To Boost Revenues
Forbes - 2 Nov 2017 18:22
Yelp announced its earnings for Q3 on November 1st, and the company once again reported solid growth as revenues grew by 19% year over year $222 million, at the high end of its guidance for the quarter.
Symantec Reports Another Solid Quarter Driven By Consumer Security
Forbes - 2 Nov 2017 18:12
Symantec announced its fiscal second quarter 2018 earnings on November 2, reporting a 26% year-on-year increase in revenues to just under $1.3 billion. Growth came from both the enterprise segment as well as the company'...
Groupon Rallies On Strong Results, Robust Q4 Outlook
Forbes - 2 Nov 2017 18:05
Groupon announced its third quarter results on Wednesday, November 1, reporting an 8% year-over-year decline in net revenue to $634 million. In recent quarters, the company has exited certain low-performing international...