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Luke Sharrett | Bloomberg | Getty Images A mechanic stacks used tires outside the service bay of a Goodyear Tire & Rubber Co. auto garage in Shelbyville, Kentucky. Check out the companies making headlines midday Friday: Skechers — The shoemaker’s stock jumped 18 percent after the company gave strong profit …
Read More »Yearly Archives: 2019
Amazon analysts shrug off Bezos-Enquirer saga, see no impact on the stock
Andrew Harrer | Bloomberg | Getty Images Jeff Bezos, founder and chief executive officer of Amazon.com Inc., listens during an Economic Club of Washington discussion in Washington, D.C., U.S., on Thursday, Sept. 13, 2018. Amazon CEO Jeff Bezos stunned everyone with his revealing post accusing National Enquirer of extortion and …
Read More »Sony announces first share buyback of $910m, stock rises 5 percent
Kiyoshi Ota | Bloomberg | Getty Images Signage for Sony Corp. is seen outside the company’s headquarters in Tokyo, Japan, on Friday, Feb. 1, 2019. Sony announced on Friday a share buyback of 100 billion yen ($910 million) — its first ever aimed at boosting shareholder returns — sending the …
Read More »Does Alexandria Ocasio-Cortez want to get rid of farting cows?
Saul Loeb | AFP | Getty Images US Representative Alexandria Ocasio-Cortez, Democrat of New York, and US Senator Ed Markey (R), Democrat of Massachusetts, speak during a press conference to announce Green New Deal legislation to promote clean energy programs outside the US Capitol in Washington, DC, February 7, 2019. …
Read More »John Dingell, longest-serving member of US Congress, dies at 92
Jeff Kowalsky | Bloomberg | Getty Images U.S. Representative John Dingell, a Democrat from Michigan. John Dingell, a gruff Michigan Democrat who entered the U.S. House of Representatives in 1955 to finish his late father’s term and became a legislative heavyweight and longest-serving member of Congress, died on Thursday. He …
Read More »Wirecard sues FT for ‘unethical reporting,’ shares jump
CHRISTOF STACHE | AFP | Getty Images Markus Braun, CEO of the technology and financial services company Wirecard, poses in the company headquarters in Aschheim near Munich, southern Germany, on September 18, 2018. (Photo by Christof STACHE / AFP) (Photo credit should read CHRISTOF STACHE/AFP/Getty Images) Shares of Wirecard jumped …
Read More »Trump may reportedly ban Chinese telecom equipment on US networks
Josep Lago | AFP | Getty Images People walk by a 5G stand at the Mobile World Congress (MWC), the world’s biggest mobile fair, on February 26, 2018 in Barcelona. President Donald Trump is expected to sign an executive order next week that would ban Chinese telecommunication equipment from U.S. …
Read More »If the market drops tomorrow, buy this stock
David Paul Morris | Bloomberg | Getty Images Joey Levin, chief executive officer of IAC/InterActiveCorp, speaks during a Bloomberg Television interview at the Allen & Co. Media and Technology Conference in Sun Valley, Idaho, U.S., on Thursday, July 12, 2018. IAC/InterActive Corp., the holding company behind Vimeo, CollegeHumor, The Daily …
Read More »Apple threatens to remove iPhone apps caught recording users screens
Jaap Arriens | NurPhoto | Getty Images The Clock application is seen on an Apple iPhone in this photo illustration on January 29, 2019. Apple on Thursday threatened to remove applications from the App Store if they record users’ actions without their explicit permission. Earlier this week, TechCrunch reported that …
Read More »Street sees Q1 profits declining and full-year growth rates cut in half
Earnings growth is expected to turn negative for the first quarter, and an already low growth forecast for the rest of the year could be cut in half, as companies continue to report fourth quarter profits. Fourth quarter earnings growth has been strong, at about 16 percent, but companies are …
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