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General Motors reported a lower second-quarter profit on Thursday due to numerous recalls and the expected $400 million cost for a fund to compensate those killed or injured by a defective ignition switch. Net income in the quarter fell to $190 million, or 11 cents a share, compared with $1.2 billion, or 75 cents a share, a year earlier. …
Why are shares of Delta flying high and shares of Boeing falling, despite strong earnings?
AT&T reported earnings that missed estimates. How is the telecom sector doing as a whole and it is worth your investment dollars?
Not all earnings reports delighted investors today. Some mixed results from some top commercial brand names are revealing a lot to investors about the changing tastes and resources of U.S. consumers.
Revenues rose in Microsoft’s fourth quarter, even as profits fell.
Apple’s earnings top estimates, but does it have a revolutionary product in its pipeline that will wow investors and consumers?
Verizon Communications, one of six Dow components out with quarterly results before the bell Tuesday, reported better-than-expected earnings and revenue. The telecom giant said it earned 91 cents a share excluding items in the second quarter, a penny better than estimates. Operating income increased 24 percent over the same period last year. Revenue rose 5.6 percent …
50 million subscribers now use Netflix, helping double the company’s profits. Is it enough to keep the stock firing on all cylinders?
When Netflix reports its second quarter results after the market’s close Monday the focus will be, as always, on its subscriber numbers. This will be the first quarter that investors can assess the impact of a price increase for new subscribers. Instead of depressing subscriber numbers, the fact that existing subscribers can lock in their lower prices …
One of the companies posting second quarter earnings before the bell was General Electric, oddly enough, the only decliner in the Dow today, even though income rose 13 percent last quarter. Shares fell as the company spins off more non-core divisions in order to become a more focused industrial conglomerate.
Some regional banks have been on a run this year, but disappointing earnings have some questioning the state of the sector.
On Wall Street news about deals, earnings and the economy pushed the Dow Jones Industrial Average to a new all-time high today.
The recent rally in tech stocks has lacked one notable Internet name: eBay. Battered by a cyberattack, a slump in search traffic and the loss of its payments chief, shares of the Web retailer have dropped almost 6 percent in the past three months, a stretch that’s seen Facebook, Amazon.com and Google each jump by at least 10 percent. Hack attack …
How will the whole tech sector fare this earnings season?