- 2018-04-20 02:31:49Z
AT&T CEO Randall Stephenson revealed on Thursday the carrier's plans to launch
AT&T will launch real mobile 5G in 12 cities by the end of 2018, but before
Analysts on average had expected 11 cents a share, according to Thomson Reuters I/B/E/S. GE recently restated 2017 results to reflect changes in accounting standards. "It's an apples-to-apples, 5-cent beat," said Scott Davis, analyst and chief executive at Melius Research in New York.
On Thursday AT&T CEO Randall Stephenson took the stand to testify in defense
Semiconductor stocks as a group had a difficult day on Thursday as a broad-based sell-off in this space pushed many of these stocks lower. In my eye however the next major catalyst are the upcoming earnings reports. For Advanced Micro Devices, Inc. (NASDAQ:AMD) the earnings report will hit on April 25 after the close of trading for the day.
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Asian shares slipped on Friday as a warning on smartphone demand from the world's largest contract chipmaker slugged the tech sector, while high oil prices stirred inflation fears and undermined sovereign bonds. Spreadbetters pointed to a firm start for European shares, with FTSE futures up 0.3
, the worst-performing Dow stock in 2017, may present investors with disastrous first-quarter results when it reports earnings on Friday, April 20, before the opening bell, according to analyst expectations. Weak performance in its core power unit and legacy accounting woes related to its former finance unit leave CEO John Flannery tasked with the tall order of redirecting investor attention away from a hailstorm of troubles. The company may have to reduce its outlook for profit in 2018 just two months after the company's new chief financial officer said earnings would be at the low end of expectations.
President Donald Trump told former FBI Director James Comey that he had serious concerns about the judgment of his first national security adviser, Michael Flynn, and Trump's chief of staff asked days later if Flynn's communications were being monitored under a secret surveillance warrant, according
Some of Prince's closest confidants had grown increasingly alarmed about his health in the days before he died and tried to get him help as they realized he had an opioid addiction - yet none were able to give investigators the insight they needed to determine where the musician got the fentanyl
MONTREAL/SINGAPORE (Reuters) - The world's airlines are backing the development of a United Nations-led global registry for drones, as a rise in near collisions by unmanned aircraft and commercial jets fuels safety concerns, an executive of their trade group said on Tuesday. The International Air
Jim Cramer examines four massive tech giants to see which one is most likely to win the race to a $1 trillion market cap.
A disgruntled casino employee accused of shooting two executives at a company picnic in Las Vegas planned an escape and spent days on the run before a sheriff's deputy happened upon him sleeping in a car ...
Kanye West finally ended his social media hiatus this past weekend, nearly a
Former New York City Mayor Rudy Giuliani is joining the legal team defending President Donald Trump in the special counsel's Russia investigation, a Trump attorney said Thursday. With the addition of Giuliani, Trump gains an experienced litigator and former U.S. attorney in Manhattan. Trump is
The Trump administration nominated Oklahoma Republican Representative Jim
Tammie Jo Shults was determined to "break into the club" of male military aviators. One of the first female fighter pilots in the U.S. Navy, Shults flew training missions as an enemy pilot during Operation Desert Storm, while working with other women to see a rule excluding them from combat
Last week, Business Insider reported that employees of the troubled startup
As the messaging app Telegram continues to try to evade Russian authorities
San Francisco is a city where companies frequently like to try out new ideas.
Walmart is testing new dress codes in a small number of U.S. stores with the hopes that this more relaxed environment will help to reel in and retain staff in an increasingly tighter labor market. This means that workers will be allowed to wear shirts of any solid color, which marks a shift from its previous option of only having blue or white shirts, according to an employee manual obtained by Bloomberg News. Walmart adds that visible facial tattoos will be forbidden for those hired after April 14, according to the manual.
A class-action lawsuit led by a number of Lyft drivers against Uber regarding
Other industry players are falling today as well on the news as investors ruminate on an uncertain future for tobacco. U.S. Marlboro producer Altria (MO) is down over 7% and British American Tobacco (BTI) - owner of R.J Reynolds - is down almost 6%. Philip Morris has missed the Zacks Composite Earnings estimate in each of the last 4 quarters due to regulation, increased taxation and an overall decline in demand for tobacco products.
Oklahoma-based Classic Recreations might have bit of a tainted history, but for the past few years, the company has been building some pretty sweet Shelby Mustangs using modern running gear and chassis packed underneath classic bodywork. The company has something new on the horizon. Later this year,
Special Counsel Robert Mueller's interest in former Trump campaign chairman Paul Manafort stemmed in part from his suspected role as a "back channel" between the campaign and Russians intent on meddling in the election, a Justice Department lawyer told a judge. The disclosure by U.S. prosecutors came
Shares of General Electric GE surged nearly 2% in early morning trading Thursday, just one day before the embattled conglomerate is scheduled to release its latest quarterly earnings report. Investors will want to pay close attention to GE's results on Friday morning as the iconic brand looks to rebuild confidence from the market. Earnings growth is expected to be strong throughout the Q1 report season, but the tone surrounding General Electric is concern-not optimism.
Kraken co-founder and CEO Jesse Powell says the cryptocurrency exchange will not comply with the New York attorney general's request for information.
Shares in Apple Inc and its suppliers fell on Thursday after a raft of analysts read a prediction of softer smartphone sales from Taiwan Semiconductor Manufacturing Co Ltd as driven chiefly by concern about demand for iPhones. TSMC, the world's largest contract chipmaker and a major Apple supplier, revised its full-year revenue target to the low end of its earlier forecast. "Apple represents nearly 20 percent of TSMC's revenue so the outlook potentially points to weaker-than-anticipated iPhone demand," Atlantic Equities analyst James Cordwell told Reuters.
Walmart announced on Thursday it's beginning to test new technology that arms
MoviePass seems like a deal that's too good to be true: $9.95 per month allows
Shares of tech giants Apple (AAPL) and Nvidia (NVDA) opened nearly 2% lower on Thursday after Taiwan Semiconductor Manufacturing (TSM), a key chip partner for both companies, posted lower-than-expected revenue guidance for the second quarter.
On paper, most analysts will agree that Activision Blizzard, Inc. (NASDAQ:ATVI) is enjoying a solid start to this year. Against the January opener, ATVI stock has gained nearly 9%. Despite Activision's immense reputation in delivering the most compelling first-person shooter games, another company has unexpectedly taken its throne.
The same day Linn Energy Inc. exited bankruptcy, it awarded Chief Executive Officer Mark Ellis a $60 million compensation package, more than three times the amount Exxon Mobil Corp. paid its CEO.Ellis's pay included an equity grant worth $58 million,
The two black men, arrested a week ago at a Philadelphia Starbucks, tell ABC News they hope what happened to them never happens again.
Rashon Nelson initially brushed it off when the Starbucks manager told him he couldn't use the restroom because he wasn't a paying customer. He thought nothing of it when he and his business partner, Donte ...
A warning from Taiwan Semiconductor (TSMC), the world's largest contract chipmaker and an Apple supplier, on soft demand for smartphones and on the semiconductor industry's growth this year sparked a tumble in chip stocks. TSMC's U.S.-listed shares fell 5.2 percent.
The government now appears to have ample evidence that the ongoing cash crunch was caused, as Union Finance Minister Arun Jaitley said Monday, by a "sudden and unusual" increase in "some areas."
Today, chip maker Qualcomm began the process of laying off around 1,500
Energy sector earnings season starts rolling later this week, and as always, the party will kick off with the so-called big three oilfield services providers: Schlumberger Ltd. Schlumberger is a holding in Jim Cramer's Action Alerts PLUS. While oilfield services stocks have been riding the energy stock outperformance wave of late, investors are mostly still sitting on the sidelines, according to Tudor, Pickering, Holt & Co. analysts.
Investors in Facebook, Inc. FB need to pay close attention to the stock based on moves in the options market lately. What is Implied Volatility? Options with high levels of implied volatility suggest that investors in the underlying stocks are expecting a big move in one direction or the other.
Gen. Wesley Clark, U.S. Army (retired), and former NATO commander, shares his thoughts on what is likely taking place between President Trump and Korea's President Kim Jong Un.
The FAA will order airlines to inspect hundreds of jet engines similar to one that exploded on a Southwest flight, killing one and injuring seven others. We're also learning more about hero pilot who guided the flight to a safe landing. Kris Van Cleave reports.
Lockheed Martin Is One Step Closer to Building Hypersonic Missiles That Are Faster Than Today's Anti-Aircraft Systems
Here are the stock trades for tomorrow catching our eye as we prepare for Thursday's trading session. As a result, SQ stock is moving higher and powerfully pushed through $50. The market (as if on queue) flushed out a number of traders by plunging MU stock down to $48, running stop-loss orders all along the way.
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The father of former national security adviser H.R. McMaster died on April 13. Sources tell CBS Philadelphia's Alex Hoff that his death is under investigation.
Talk that Saudi Arabia has its sights on $80-$100 a barrel oil again ignited a fierce rally in commodities and resource stocks on Thursday, though the potential boost to inflation globally put some pressure on fixed-income assets. It was set to be the strongest day for the commodity complex in eight
The Bitcoin bulls didn't get the memo on Wednesday, with Bitcoin only managing a 3.56% rise on day, partially reversing Monday and Tuesday's losses, to end the day at $8,169.5. A morning rally saw Bitcoin break out from the 23.6% FIB Retracement Level of $7,996.57 to hit a morning $8,168.8 high, breaking through the first major support level of $8,098.87 before seeing a pullback to an early afternoon $7,907.4 to call on buyer support at the 23.6% FIB Retracement Level of $7,996.57. A late afternoon rally saw Bitcoin hit an intraday high $8,237.2, testing the day's 1st major resistance level for a 2nd time and this time managing to hold on through to the day's end.
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Facebook has posted a job opening looking for an expert in ASIC and FPGA, two