Market Focus


Yahoo saw its earnings fall 60 percent from a year ago. Revenue also missed Wall Street’s estimates as its display advertisements business has been stalling. Shares fell initially fell back, but then rebounded. Before the close the stock was off a fraction to $44.49.


It was the opposite story for Amgen. The company easily topped earnings and revenue consensus on strong drug sales. The company also increased full-year guidance. Shares spiked right after the report. Before the close the stock was up 1.5 percent to $168.46.


Chipotle delivered a mixed report. Its earnings were above estimates, but revenue was lower than what analysts were expecting. Overall the popular fast casual restaurant chain saw sales growth slow. That sent shares of Chipotle down after the close. Before the end of trading shares closed up a fraction to $692.52.

Under Armour

Under Armour saw its earnings fall in its most recent quarter because of currency volatility. The athletic gear maker managed to beat on both the top and bottom lines though and it hiked its 2015 revenue guidance. Still, shares tumbled almost five percent to $83.52.


Whirlpool is hiking its quarterly dividend by 20 percent. The new payout of 90 cents a share will be payable in June to shareholders on record as of may 15th. The yield on the dividend is nearly two percent. Shares were off slightly today to $193.97.

This entry was posted in Market Focus. Bookmark the permalink.

Leave a Reply