21 July, 2015 by The TZ Newswire Staff Comments Off on Earnings Avalanche: CMG, GPRO, YHOO, MSFT All Lower After Hours
Earnings Avalanche: CMG, GPRO, YHOO, MSFT All Lower After Hours
Unleash the talking head spin…
Yahoo misses and cuts guidance…
- *YAHOO 2Q ADJ. EPS 16C, EST. 19C
- *YAHOO SEES 3Q ADJ. EBITDA $200M-$240M, EST. $279.7M
- *YAHOO SEES 3Q REV EX-TAC $1B-$1.04B, EST. $1.07B
Micorosft beat bottom, missed top line…
- *MICROSOFT 4Q ADJ. EPS 62C, EST. 58C
- *MICROSOFT 4Q UNEARNED REV. $25.32B, EST. $25.96B
Chipotle beat bottom line but missed comps and revenues…
21 July, 2015 by The TZ Newswire Staff Comments Off on Stocks Hit By Weak Earnings; Tesla, Auto Stocks Fall
Stocks Hit By Weak Earnings; Tesla, Auto Stocks Fall
Stocks fell Tuesday, ending three sessions of broad-based gains, following weak earnings reports from market heavyweights IBM (IBM) and United Technologies (UTX). The Dow Jones industrial average dropped 1.0% as United Technologies and IBM lost 7% and 6%, respectively. The S&P 500 fell 0.4% and the Nasdaq slipped 0.2%. Volume was mixed, up 5% on the NYSE and down 4% on the Nasdaq compared to Monday, according to preliminary data.
21 July, 2015 by The TZ Newswire Staff Comments Off on The Wall Street Journal: CIT Group wins key federal approval for OneWest acquisition
The Wall Street Journal: CIT Group wins key federal approval for OneWest acquisition
CIT Group Inc.
21 July, 2015 by The TZ Newswire Staff Comments Off on Bond Report: Treasury prices finish higher as stocks turn lower
Bond Report: Treasury prices finish higher as stocks turn lower
Treasury prices finish higher Tuesday, weighing on yields, as investors buy Treasury bonds amid a selloff in commodities and a decline in global stock prices.
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21 July, 2015 by The TZ Newswire Staff Comments Off on ConocoPhillips Retrenches for What Could Be a Long Downturn
ConocoPhillips Retrenches for What Could Be a Long Downturn
Oil giant ConocoPhillips cuts out its operated deepwater Gulf of Mexico drilling program to focus on faster payback drilling projects.
21 July, 2015 by The TZ Newswire Staff Comments Off on Yahoo earnings mixed; stock dips on weaker guidance
Yahoo earnings mixed; stock dips on weaker guidance
Yahoo beat on revenue but also announced lowered guidance for the third quarter of 2015.
21 July, 2015 by The TZ Newswire Staff Comments Off on Lifelock failed to protect customer data, FTC charges
Lifelock failed to protect customer data, FTC charges
Lifelock failed to protect customer data, federal regulators say.
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