AT&T (NYSE: T) Stock Down After Earnings Miss Today; More Challenges Remain
AT&T Inc. (NYSE: T) stock was down 1.5% in after-hours trading today (Wednesday) after the company reported earnings per share (EPS), excluding significant items, of $0.62 on consolidated revenue of $32.6 billion. Both those figures missed consensus estimates, which projected EPS of $0.63 on $33.2 billion in revenue.
Second-quarter EPS was down from the year-ago period when the company reported $0.67. Revenue was up slightly from last year's total of $32.08.While the company did report strong subscriber growth, the stock has still been lackluster. Here's why...
AAPL Earnings Full of Clues of How Stock Gets to New Highs
Investors needed to sleep on a deceptively boring earnings report, but by this morning the positive news the company shared in its conference call had pushed Apple Inc. (Nasdaq: AAPL) stock up nearly 3%.
Much of that had to do with the iPhone, the Cupertino, Calif.-based company's most important product and the primary catalyst of Apple stock.
But investors weren't just reacting to the encouraging iPhone news.In Tuesday's conference call, CEO Tim Cook revealed several other positive surprises...
Four Bullish Catalysts Driving Microsoft (Nasdaq: MSFT) Stock After Earnings Release
Microsoft Corp. (Nasdaq: MSFT) stock was flat in after-hours trading Tuesday after the company reported earnings per share (EPS) of $0.55 and revenue of $23.38 billion.
Revenue beat expectations of $23 billion, but EPS missed analysts' estimates of $0.60 for the quarter. However, Microsoft attributed the earnings miss to its acquisition of Nokia Corp. (NYSE ADR: NOK), which the company said accounted for a loss of $0.08 per share.And while Microsoft’s revenue totals should send the stock higher in the short term, there are four catalysts that are really driving MSFT stock higher…
Chipotle Stock (NYSE: CMG), Earnings Crush KO and MCD in Food Co. Battle
Americans' tastes are changing. They're forgoing fast food burgers and cans of cola for healthier options like freshly made burritos - specifically, from Chipotle Mexican Grill Inc. (NYSE: CMG).
Investors also appear to be making the switch, with Chipotle stock soaring today.The proof is in these just-released earnings reports and today’s stock action from three major industry players. Take a look...
Why We Love General Electric Co. (NYSE: GE) Stock and Today's Earnings
On Friday morning, General Electric Co. (NYSE: GE) met Wall Street expectations when it reported second quarter earnings ahead of the bell, sending GE stock up more than 1% in pre-market trading.There were two notable takeaways from GE's earnings today. Here they are, plus why we're so excited about GE stock in coming months based on these "three powerful catalysts"...
Why Google Stock Gained 2.3% After Today's Earnings
Google Inc. (Nasdaq: GOOG, GOOGL) reported second quarter 2014 earnings after the bell on Thursday.Here are the results, what our expert keyed into, and what he thinks is in store for Google stock in coming months…
EBay (Nasdaq: EBAY) Stock Rises Following Q2 Earnings – Here Are the Main Points
eBay Inc. (Nasdaq: EBAY) stock was up in after hours following the company's q2 earnings report.Find out how eBay is doing here…
Bank of America (NYSE: BAC) Rounds Out Big Bank Earnings – Here's What We Know
Bank of America Corp. (NYSE: BAC) reported Q2 earnings Wednesday that were dragged down by mounting litigation costs in addition to a decline in mortgage originations.
Second-quarter earnings from big banks have so far mostly surpassed estimates, but investor reactions have been mixed.Wednesday also brought numbers from some major regional banks. Let’s first look at how BofA fared and how reported Q2 earnings affected BAC stock today…
Yahoo Stock (Nasdaq: YHOO) Surges Despite First-Ever Mayer Earnings Miss
Yahoo! Inc. (Nasdaq: YHOO) reported second quarter 2014 earnings results after closing bell today (Tuesday). Despite a miss, Yahoo stock surged more than 2.25% after hours.Here’s what’s going on…
Goldman Sachs (NYSE: GS) Earnings Show Investment Banking Growth; Stock Rises
Goldman Sachs Group Inc. (NYSE: GS) stock is up today (Tuesday) after GS earnings surprised Wall Street with a strong beat. The investment powerhouse reported second quarter results before Tuesday's opening bell.Here are all the details…
YHOO, JPM, and GS Earnings Top Today's Wall Street News
Wall Street news today, July 15, 2014: U.S. markets rallied on Monday as concerns over European debt subsided and investors took a more optimistic stance on second-quarter profit season. The financial sector led the charge ahead of their earnings this week. Today's futures were mixed as the markets prepare for Federal Reserve Chair Janet Yellen's semiannual testimony before Congress.
Investors will also keep a close eye today on earnings reports from Yahoo! Inc. (Nasdaq: YHOO) and Goldman Sachs Group Inc. (NYSE: GS), among others.Here’s what you should know to make your Tuesday profitable:
Stock Market News: DJIA Hits Another Record, BAC, JPM, and GS Lead Financial Sector
Stock Market News, July 14, 2014: U.S. markets rallied on Monday as concerns over European debt subsided and investors took a more optimistic stance on second-quarter profit season. The financial sector led the charge ahead of their earnings this week. Bank of America Corp. (NYSE: BAC), JPMorgan Chase & Co. (NYSE: JPM), and Goldman Sachs Group Inc. (NYSE: GS) were all up more than 1% on the day.Here are the top stock market news stories of the day:
Dow Jones Today: Energy and Pharma Mergers Top News
Dow Jones today, July 14, 2014: The Dow Jones Industrial Average rallied late on Friday after a surge by tech stocks overshadowed growing banking concerns in Portugal. This week, earnings season kicks into high gear with a handful of the nation's largest banks reporting. The markets are also highly anticipating a speech by Federal Reserve Chair Janet Yellen on Wednesday, as we continue to watch for signs that the central bank will increase interest rates.Here are the top stories that will be impacting the Dow Jones today:
Wells Fargo (NYSE: WFC) Starts Big Banks Earnings Season with a Profit Rise and Revenue Drop
Wells Fargo & Co. (NYSE: WFC) kicked off second-quarter bank earnings season Friday morning. While the bank didn't deliver any surprises, its numbers failed to impress.
Shares of the largest U.S. bank by market cap, up 28.5% since October, fell nearly 2% to $50.82 on brisk volume following the uninspiring report.While analysts have trimmed estimates on a number of banks in the last several weeks, expectations for WFC held steady. Here’s the full story on Wells Fargo Q2 earnings, and what it means for WFC stock…