Our "most hated companies 2015" list includes five companies that stole, poisoned, and defrauded their way to profits this year - and did so unapologetically.
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- Comcast Stock (Nasdaq: CMCSA) Up on Earnings Growth, Despite Little Help from NBC
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- Why Netflix (Nasdaq: NFLX) Stock Is Down 20% This Month
- Post-Market Report: Dow Jones Industrial Average Starts Week on Down Note
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- Don't Fear the Comcast (Nasdaq: CMCSA)-Time Warner Cable Deal
- Today's Stock Market News and Earnings Calendar
In stock market news today, April 24, 2015, U.S. stock futures forecasted a 12-point gain from Thursday's close.
The Nasdaq Composite Index struck a new high Thursday, beating the previous record set more than 15 years ago during the dot-com bubble. The S&P 500 hit a new intraday high but failed to beat its previous record close. The Dow Jones Industrial Average gained 20 points yesterday.
In stock market news today, April 23, 2015, U.S. stock futures forecasted a 21-point decline from Wednesday's close.
The DJIA slid 60 points as corporate earnings continue to show the effects of a strong U.S. dollar. The dollar has surged more than 9% year to date and punished companies with a broad international focus and reliance on overseas sales. The Nasdaq moved 19 points higher on news of a proposed biotech merger.
Comcast Corp. (Nasdaq: CMCSA) saw second quarter sales up 3.5% and profits up 14.9% on its earnings release this morning (Tuesday), for an earnings-per-share (EPS) of $0.76. While Comcast sales were below analyst estimates, according to data from Yahoo! Finance, Comcast stock was still trading up in the morning 1.7% at $54.75.
Investors seem confident that the economy is picking up as warmer weather takes hold...
But problems continue within the housing sector, where sales and construction forecasts were recently slashed by Freddie Mac and Fannie Mae. Existing home sales are expected to remain flat when they are reported this morning.
Netflix was the best-performing stock in the S&P 500 in 2013, gaining more than 312% for the year. The good times continued into this year, with NFLX up 25% year-to-date as of March 6. But since then the stock has plunged nearly 20%.
At the closing bell, the Dow Jones Industrial Average fell 25.82 points to finish at 16,276.95. The Nasdaq dipped 50.4 points to finish at 4,226.38, while the S&P 500 hit an intraday all-time high before falling 9.07 points to close at 1,857.46.
Here's a recap of other major events today:
At the closing bell, the Dow Jones Industrial Average declined slightly by 0.19% to close at 16,300.45; for the week ending today (Friday), March 21, 2014, the Dow gained 1.45%, or 232.83 points.
The S&P 500 hit an intraday all-time high before falling to close down 0.29% at 1,866.60. The Nasdaq fell 0.98% to finish at 4,276.79. Silver prices recovered after a tough response from the Federal Open Market Committee (FOMC) meeting on Wednesday.
Here's a recap of today's top stock market news.
The proposed $45.2 billion Comcast-Time Warner Cable deal will create a colossus within the cable industry bound to fill both consumer groups and regulators with dread, but it's not quite as scary as it looks. And the fact is, it just makes sense.
Today's stock market news, Feb. 13, 2014: The markets were flat on Wednesday following one of the largest four-day bull runs in recent history. Meanwhile, a massive winter storm has paralyzed the East Coast. The markets will remain open, however, on Thursday.