by CJ Skelton | Aug 4, 2018 | RSS Feed, Uncategorized
U.S. stocks on Friday end the week on a high note and the S&P 500 and Dow record a fifth weekly gain in a row, largely underpinned by solid earnings reports throughout the week, shaking off some weakness in July employment and trade-war anxieties. Read the full...
by CJ Skelton | Aug 4, 2018 | RSS Feed, Uncategorized
The U.S. posted another solid spurt in hiring in July, showing that companies are still able to find enough workers to meet the growing needs of a rapidly expanding U.S. economy. Some 157,000 new jobs were created last month and the unemployment rate fell to 3.9%....
by CJ Skelton | Aug 3, 2018 | RSS Feed, Uncategorized
Expect a higher price-to-earnings ratio as services revenue booms. Read the story.
by CJ Skelton | Aug 3, 2018 | RSS Feed, Uncategorized
For hardware companies these days, success following an initial public offering depends on an ability to convince investors that the business is about more than just the sale of a physical product. Read the story.
by CJ Skelton | Aug 3, 2018 | RSS Feed
Symantec Corp.’s stock drops in the extended session Thursday but bounces off after-hours lows after the cybersecurity company’s outlook falls short of Wall Street estimates. Read the story.
by CJ Skelton | Jul 31, 2018 | RSS Feed, Uncategorized
The U.S. stock market has been partying all throughout July, and a hangover is coming, say analysts at Morgan Stanley. Source: New feed
by CJ Skelton | Jul 31, 2018 | RSS Feed, Uncategorized
Square Inc. got its start by enabling small businesses to accept credit-card payments, but its future could be more focused on Cash. Source: New feed
by CJ Skelton | Jul 31, 2018 | RSS Feed, Uncategorized
An unraveling of popular technology bets on Monday, marked by a third straight session in the red, helped to push the tech-heavy Nasdaq Composite Index to its lowest close in more than three weeks. Source: New feed
by CJ Skelton | Jul 23, 2018 | RSS Feed
Advanced Micro Devices Inc. earnings are expected to benefit from a rare surge in PC sales and what are seen as competitive gains against chip giant Intel Corp., but huge gains in the stock recently are subject to pullbacks given AMD’s traditional volatility following...
by CJ Skelton | Jul 23, 2018 | RSS Feed
Facebook Inc. suspends another company that harvested data from its site and says it was investigating whether the analytics firm’s contracts with the U.S. government and a Russian nonprofit tied to the Kremlin violate the platform’s policies. Source: New...