Yikes! Netflix is getting destroyed after earnings

Netflix has reported third-quarter earnings and it’s a big miss. Their earnings, per share came in at $0.07 on revenue of $1.74 billion and is missing expectations by a long shot. Then following these results, shares were down as much as 14%. But the company’s earnings webcast last week helped…

Are you ready? Stocks are about to take the next big test

Corporate earnings season should pick up steam on Wednesday and that will be the next big test for stocks. Take note that big financials like Bank of America, Wells Fargo and BlackRock will report ahead of the opening bell, followed by  J.P. Morgan and their disappointing results late Tuesday. J.P. Morgan earned $1.32 per share,…

Wall St. flat as investors wait for bank earnings

This Monday morning, U.S. stocks were little changed as investors braced for a very busy week of quarterly results from the major U.S. banks and several Dow 30 companies. Recap Health stocks were down after Eli Lilly (LLY.N) said it was not persuing an experimental heart drug. Shares of Lilly fell…

Volkswagen recalls diesel cars in China while Singapore suspends sales of them

  BEIJING (AP) Volkswagen has said on Monday that it is recalling 1,950 diesel vehicles in China to change engine software that it now has admitted cheats on emissions tests. Singapore has also suspended sales of the company’s diesel cars at this time. Last month the German automaker admitted that…

4 Stocks to Watch In The Fourth Quarter

Looking for big winners in the fourth quarter. You may want to consider Google, PayPal and Alphabet Alphabet (NASDAQ: GOOGL), the umbrella company that now houses Google, looks to have some momentum, trader Karen Finerman said Tuesday. Finerman, an Alphabet shareholder, noted she looks forward to seeing more “clarity” on…

Dividend Investment Strategy Buying Abbott Labs

Abbot Labs a Dividend Strategy. Buying dividends — the strategy of buying a stock for the sole purpose of collecting the quarterly dividend, then immediately selling after it has been paid — can be lucrative, but it requires excellent timing, as well as selectiveness about which stocks you target. Abbott,…