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So you would think that the stock price would soar.. right? Not so. Shares of AAPL are off as much as 5% this morning. In a nut shell Tim Cook Apples CEO says the economy world wide is just pain bad! There is a bright spot however, Cook believes this one…
About half of Americans own stocks. They understand the secret to getting wealthy and financially healthy. The U.S. stock market has been on steroids. It’s gained about 200% since 2009. The rich (and many people in the middle class) have figured out that you can make money without getting off…
An alarming number of big U.S. stocks lost half their value in 2015. The declines come despite the fact that a broader U.S. market ended the year not far from where it started. What is sad is the worst stocks of 2015 include big-name companies like Macy’s, Michael Kors and gambling empire…
Today shares of Yahoo jumped 5.6 percent in after-hours trading on the back of a Wall Street Journal report that the troubled company’s board was mulling the sale of its core Internet business. It was reported by the WSJ that Yahoo’s board would hold a series of meetings starting this Wednesday…
Square (SQ), which is the mobile payments processing firm run by Twitter (TWTRT) CEO Jack Dorsey, opened at $11.20 and then quickly rose as high as $14.78 before finishing the day just a bit above $13. But Square priced its initial public offering Wednesday night at $9 a share which…
Here are some of the top headliners before the Bell today: Williams-Sonoma earned 77 cents per share for its latest quarter, 5 cents above estimates, with the housewares retailer also reporting revenue that was very slightly above Street forecasts. Its current quarter outlook is below analyst estimates, as Williams-Sonoma battles…
U.S. stocks closed at more than 1 percent lower this Friday, pressured by a continued decline in oil prices and soft reports on the health of the consumer. On a whole, the major averages ended the week down more than 3.5 percent, their worst since the week ended August 21 and…
A half-dozen Fed speakers and a bit of fresh jobs data could create some waves for markets when bond traders return to their desks onThursday. One of the first up will be Fed Chair Janet Yellen, she’ll make welcoming remarks at a Fed conference on post-crisis monetary policy in Washington at 9:30…
Apple chip suppliers tumbled Today on Wall Street after the iPhone 6S maker reportedly cut its November orders by about 10% to orders because of waning Asian demand for the phone. Although many expected them to make the cuts, they were “sooner and much deeper” than anticipated. Most expected it to…