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Apple Earnings Roundup: iPhone Strength, Stock Split, Buybacks And More
Thursday, April 24, 2014 - 11:48am | 1022Apple (NASDAQ: AAPL) reported its much-anticipated second quarter results on Wednesday that blew many investors away. Apple handily beat the consensus by earning $11.62 per share, exceeding estimates of $10.18. Revenue of $45.65 billion beat what analysts were forecasting by $120 million. As if a...
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Apple Earnings Preview: Will iPhone Sales Disappoint Investors?
Wednesday, April 23, 2014 - 2:53pm | 1301Apple (NASDAQ: AAPL) will report its second quarter results on Wednesday after market close. Apple is expected to earn $10.13 per share on revenue of $43.55 billion. Apple reported its first quarter results on January 27 when its earnings of $14.50 per share blew past the consensus estimate of $14...
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Market Wrap For April 22: S&P Rises For Sixth Straight Day, Dow & Nasdaq Also Positive
Tuesday, April 22, 2014 - 4:52pm | 2838U.S. stocks rose as investors cheered recent earning reports and a positive home sales data for March. A $45 billion M&A offer also contributed to Tuesday's buying action as investors could be excited and motivated to buy stocks ahead of a few rough weeks of bearish activity. The S&P...
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Market Wrap For April 3: Markets Winning Streak Fails To Extend To Five Days
Thursday, April 3, 2014 - 5:50pm | 2205U.S. stocks were unable to post its fifth consecutive day of gains as the weekly jobless claims figure gained more than expected. Investors and traders were likely sitting on the sideline, waiting for Friday's monthly government jobs. Economists are expecting a gain of 197,000 new jobs in March...
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Market Wrap For March 27: Markets Lower Following Mixed Economic Data
Thursday, March 27, 2014 - 5:39pm | 2145U.S. stocks were slightly lower as positive labor market data clashed with fourth quarter GDP estimates that showed the economic expanded less than economists had expected. Major indices finished slightly lower as the Nasdaq index continues to see its losses fall sharper compared to the Dow and...
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Market Wrap For March 21: Markets End Friday On A Negative Note, But Still Positive For The Week
Friday, March 21, 2014 - 4:38pm | 2353U.S. stocks slipped to negative territory aided in part by Friday being a quadruple witching trading session. Major indices sold off in the afternoon as investors likely took some chips off the table going in to an uncertain weekend with the situation in Ukraine far from resolved. The S&P...
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Market Wrap For March 20: Investors Showing No Post-Fed Decision Hangover
Thursday, March 20, 2014 - 4:44pm | 1946U.S. stocks recovered most of Wednesday's losses after Fed Chief Janet Yellen spooked the markets a bit by hinting a rate hike could occur as soon as six months after the central bank terminates its quantitative-easing program. Investors found positives in several economic reports released...
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Morgan Stanley On Smartphone: Demand Better Than Expected
Wednesday, March 19, 2014 - 10:02am | 404Analysts at Morgan Stanley on Wednesday released data from its proprietary “AlphaWise Smartphone Tracker” analysis. The analysts, led by Katy Huberty concluded that both Apple (NASDAQ: AAPL) and Samsung (OTC: SSNLF) are benefiting from a better-than-expected demand. iPhone demand: Data points to...
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Market Wrap For March 17: Investors Focused On Economic Data Instead Of Crimea Concerns
Monday, March 17, 2014 - 4:45pm | 2393U.S. stocks rose as investors focused on positive economic data rather than the tense situation in Ukraine. Economic reports showed that U.S. industrial production rose in February. President Obama imposed sanctions against Russian and Crimea officials following an election on Sunday which...
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Will Investors Stick With Glu Mobile?
Friday, February 7, 2014 - 2:47pm | 487After delivering better than expected 4Q earnings on Wednesday of $0.07 vs. $0.00, Glu Mobile (NASDAQ: GLUU) shares have rallied nearly 30 percent to trade at $5.05. In addition to the earning surprise, the company increased its FY2014 guidance from EPS to $0.00-$0.02 vs. $(0.05). Also, GLUU...
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Apple Earnings Preview: A Return To Earnings Growth?
Sunday, January 26, 2014 - 9:55am | 755Apple (NASDAQ: AAPL), which reportedly has its eye on mobile payments as the next big thing, is scheduled to report its first-quarter fiscal 2014 results Monday, January 27, after the closing bell. Investors will be looking for a halt to four straight quarters of year-on-year earnings declines, as...
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Market Wrap For January 17: Stocks Finish Week With Mixed Results
Friday, January 17, 2014 - 5:40pm | 2758Stocks traded mostly lower today as investors digested a new set of earnings that were disappointing. A mixed housing data and a consumer sentiment coming in lower than expected was enough to tame the bulls as major indices finished the day mixed. Markets will be closed on Monday for Martin...
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China Mobile Now Selling iPhones
Friday, January 17, 2014 - 12:39pm | 536Apple (NASDAQ: AAPL) is finally selling iPhones to China Mobile (NYSE: CHL) customers. The road to this day was full of rumors that proved to be false including the December 18 launch date that media outlets widely reported. Then there was the 2013 first of its kind China launch event of the...
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Top Trending Tickers On StockTwits For January 17
Friday, January 17, 2014 - 11:17am | 637Here's a look at the top tickers trending on StockTwits.com. Ariad Pharmaceuticals On Friday morning, Ariad Pharmaceuticals (NASDAQ: ARIA) announced the commercial availability of Iclusig for adult patients with refractory chronic myeloid leukemia and Philadelphia-chromosome positive acute...
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Market Wrap For January 15: Bulls Take Over As Economic Growth Remains Healthy
Wednesday, January 15, 2014 - 5:45pm | 2827The market picked up where it left off Tuesday and recorded a second straight day of strong gains. The Dow posted a triple digit point gain while the S&P 500 and Nasdaq all gained as the Federal Reserve's Beige Book indicated that economic growth remained healthy in most U.S. regions. The...