Exxon Mobil Needs More Than Tax Cuts
Exxon Mobil Corporation (NYSE: XOM) stock dropped 5.5 percent on Friday after higher oil prices didn’t give Exxon profits the boost Wall Street had anticipated in the fourth quarter.
Where Does Viacom-CBS Fit in the Media Merger Fray?
CBS Corporation (NYSE: CBS) has confirmed it is in talks with Viacom, Inc. (VIA, VIAB) to potentially reunite the two companies after they spit from each other back in 2006. The companies say they formed a joint exploratory committee to discuss a merger.
Tesla Driverless Cars Fail to Get on the Road
The California Department of Motor Vehicles has released its annual report on autonomous vehicle technology, and Tesla Inc (Nasdaq: TSLA) is nowhere to be found. According to the report, General Motors Co. (GM) and Alphabet (GOOG, GOOGL) AVs logged nearly half a million miles on California public roads in 2017, while Tesla AVs failed log a single mile.
A Big Investor Is Giving Up on Sears
Sears Holdings Corp (Nasdaq: SHLD) announced it is cutting another 220 jobs this week, and one of its largest shareholders is now bailing on his holdings.
Apple Stops the Bleeding With OK Numbers
Apple Inc (Nasdaq: AAPL) didn’t sell as many iPhones as it anticipated in its fiscal first quarter, but its numbers were better than many investors had feared.
Alibaba’s Profit Misses The Mark
Alibaba Group Holding Ltd (NYSE: BABA) reported yet another quarter of staggering revenue growth on Thursday, but the stock dropped more than 3 percent in premarket trading after fiscal third-quarter earnings per share came up short of consensus expectations.
AT&T CEO to Trump: See You In Court
AT&T Inc. (NYSE: T) is looking forward to its day in court so it can complete its merger with Time Warner (TWX) this year, the company’s president says.
Is Square Taking a Risk With Bitcoin?
Square Inc (NYSE: SQ) is the latest company to dip its toes into the red-hot cryptocurrency market, but not everyone is welcoming the company’s newest innovation.
Analysts Are Bailing on Apple Stock
Apple Inc. (Nasdaq: AAPL) investors took another blow from Wall Street on Wednesday when BMO Capital Markets downgraded the stock ahead of its highly anticipated fiscal first-quarter earnings report scheduled for Feb. 1.
Boeing Soars On Record Plane Deliveries
Boeing Co (NYSE: BA) bounced back from an unfavorable trade ruling on Wednesday morning when the company reported a better-than-expected fourth quarter, sending shared higher by more than 5 percent in pre-market trading. Boeing finished off an incredibly successful 2017 in which it was the top-performing stock in the Dow Jones industrial average, gaining 89 percent on…