Home / 2018 / January (page 5)

Monthly Archives: January 2018

Pfizer profit tops estimates as it booked an $11 billion tax gain

Simon Dawson | Bloomberg | Getty Images The Pfizer logo sits on Viagra tablets, produced by Pfizer Inc. Pfizer beat analysts’ estimate for adjusted profit on Tuesday, helped by strong demand for its pneumonia vaccine Prevnar and breast cancer drug Ibrance, while also reporting an $11 billion gain from the …

Read More »

White House did what Bezos, Buffett, Dimon did on health care

Getty Images Director of the National Economic Council Gary Cohn speaks during the daily news briefing at the James Brady Press Briefing Room of the White House, September 28, 2017 in Washington, DC. The White House has already made efforts to reduce health-care costs for the average American worker, White …

Read More »

Euro zone economy enjoys its best year in a decade

David Ramos | Getty Images News | Getty Images People walk along a crowed shopping street on the first day of the winter sales on January 7, 2015 in Barcelona, Spain That more-than-healthy level of growth means that for the whole of 2017, the euro zone economy expanded by 2.5 …

Read More »

Business travelers increasingly prefer ride-hailing services over car rentals, taxis

Kelly Sullivan | Getty Images A Lyft Amp with driver and passenger on January 31, 2017 in San Francisco, California. With corporate travel surging due to a red-hot economy, business travelers are increasingly turning to ride-hailing firms when they are on the road. Year-end analysis of more than 50 million …

Read More »

Philips Q4 earnings 2017

Jasper Juinen | Bloomberg | Getty Images Frans van Houten, chief executive officer of Royal Philips NV Dutch health technology company Philips on Tuesday said its fourth-quarter sales grew 5 percent to 5.3 billion euros ($6.55 billion), buoyed by a rise in orders for high-end hospital equipment. The company’s intake …

Read More »

Italy election could mean a collision with the rest of Europe

Stefano Montesi | Corbis | Getty Images The Five Star Movement launched its election campaign on December 7, 2017, in Rome, Italy. In about six weeks’ time, two of Europe’s largest economies are likely to have no-one in charge. With German coalition talks hitting a stumbling block of their own …

Read More »

Autos to hurt the most if Trump pulls out of NAFTA

Luke Sharrett | Bloomberg | Getty Images An employee works on a Ford Expedition sports utility vehicle on the assembly line at the Ford Kentucky Truck Plant in Louisville, Kentucky. Goldman Sachs warned investors that holding stocks with Mexico exposure could backfire if President Donald Trump decides to pull the …

Read More »

Cramer’s charts forecast further gains for Centene and Cardinal Health

In a bull market, CNBC’s Jim Cramer knows all too well that money managers tend to chase fast-growing stocks like the industrials and sell slow growers like the health care names. “Yet this time appears to be different,” the “Mad Money” host said. “Since the beginning of the year, the …

Read More »

After-hours buzz: MET, REV & more

Daniel Acker | Bloomberg | Getty Images A U.S. flag flies outside a building near the MetLife Building, home of the MetLife Inc. headquarters, rear, in New York. Check out the companies making headlines after the bell Monday: Metlife stock plunged more than 7 percent after the bell. The insurance …

Read More »

Years with the big Januarys for stocks have also had mighty big sell-offs

The 10 best Januarys for stocks have two things in common — the full year ended with a gain, and there was a fairly significant sell-off. Strategas studied the 10 biggest January gains for the S&P 500 since 1950 and found the advances ranged from 5.8 percent, in 1980, to …

Read More »