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Tonight on Nightly Business Report, Apple reports strong quarterly results and announces a huge stock split. Is it a good move for investors? And, Coke shareholders approve its controversial executive pay package. Tonight, Warren Buffett, Coca-Cola’s biggest shareholder, reacts to the vote.
Today’s stock stories: DAL, DOW, SODA, SBUX & ZNGA.
Apple reports strong quarterly results and announces a huge stock split. Is it a good move for investors?
Citigroup executives were expected to come under intense scrutiny from shareholders today, who wanted to hear more about company’s recent stumbles, including the failed stress test an allegations of fraud at its Mexican banking unit. But as Kayla Tausche reports from St. Louis, the meeting turned out better than expected.
It was a different story at another Dow company, McDonald’s releasing first quarter earnings. Along with March sales figures, before the bell today and both of them disappointed investors. Shares of McDonald’s were among the biggest decliners among the blue chips today, falling by a third of one percent. Courtney Reagan takes a closer look …
Are all of the recent pharmaceutical deals part of a broader merger boom?
Tonight: $65 billion worth of pharmaceutical deals in the past 24 hours. What’s driving them and should investors expect more?
Tonight on Nightly Business Report, $65b worth of pharmaceutical deals in the past 24 hours. What’s driving them and should investors expect more? And, inside the Supreme Court case that could shake up the television industry and change how people watch TV.
Today’s stock stories: AMGN, GILD, HOG, JBLU & ISRG
$65 billion worth of pharmaceutical deals in the past 24 hours. What’s driving them and should investors expect more?
Today was the 118th running of the Boston Marathon, the first since last year’s terrorist attacks at the finish line, but this time everything went off exactly as planned. American Meb Keflezighi won for men and Rita Jeptoo of Kenya defended the women’s title she won last year. Today’s race hosted the most runners in …
How do you feel about your mutual fund investing in Silicon Valley starups? You may not know it, but according to a report in today’s Wall Street Journal, your fund could have some shares of newbies like Airbnb and Dropbox, if your money is manages by BlackRock, Fidelity, Janus or T. Rowe Price.
Even with the nation’s demand for oil and gasoline rising, there’s another setback for the long-proposed Keystone oil pipeline. As Jackie DeAngelis reports, there are more delays to bringing fuel from the oil sands of Canada to refineries along the Gulf o Mexico.
Alan Mulally was on hand at the opening of the Beijing auto show, as American automakers invest heavily in the world’s fastest growing car market.
David Garrity of GVA Research Principal joins us to talk more about tech earnings and what to expect when out tech companies report later this week.