Author Archive

US Manufacturing Output Rises as Impact From Hurricanes Fades – Bloomberg

By |

This article was originally published on this site U.S. factory production rose last month for the first time since June, a sign the industry is starting to regain its footing after the damage from hurricanes Harvey and Irma, Federal Reserve data showed Tuesday. Highlights of Industrial Production (September) Factory output increased 0.1% (est. 0.2% gain)…

Read more »

Wall Street gushes over Netflix, says it has reached 'escape velocity' – CNBC

By |

This article was originally published on this site Netflix crushed Wall Street forecasts again, adding 5.3 million subscribers in the third quarter compared with expectations for 4.5 million, and the gains were driven by international subscriber growth. Analysts said shares of the video streaming giant should continue to advance even as Netflix raises prices and…

Read more »

Goldman's Equity Investments Lift Profit as Trading Slumps – Bloomberg

By |

This article was originally published on this site Rising stock markets have been kind to Goldman Sachs Group Inc. The bank’s gains from equities investments rose 51 percent in the third quarter to the highest in almost four years as share indexes touched records. Goldman Sachs is one of the few firms still taking large…

Read more »

Goldman Sachs Group Inc Q3 2017 Earnings Boost Shares After Beat – ValueWalk

By |

This article was originally published on this site Goldman Sachs Q3 2017 earnings were released before opening bell this morning. The firm reported earnings of $5.02 per share on $8.3 billion in revenue, compared to the consensus estimates of $4.17 per share in earnings on $7.5 billion in revenue. In last year’s third quarter, Goldman…

Read more »

Canadian jetmaker Bombardier could dodge 300 percent tariff by building jets in Alabama with Airbus deal – Chicago Tribune

By |

This article was originally published on this site Canadian jet-maker Bombardier announced Monday that it is selling a controlling stake in its 100-150-seat C-series jetliner to European manufacturer Airbus, just weeks after the U.S. Commerce Department moved to impose 300 percent tariffs on the plane. The companies also said they will expand the plane’s production…

Read more »

In an open letter to Jeff Bezos, civic groups call for a more transparent Amazon HQ2 selection – VentureBeat

By |

This article was originally published on this site While mayors and governors across the U.S. are eager to show constituents that they’re willing to fight tooth and nail to secure Amazon’s HQ2, some groups are asking local politicians to pump the breaks. This morning, 73 civic groups from 21 states around the country released an…

Read more »

Stocks making the biggest moves premarket: UNH, MS, JNJ, HOG, CMA, NFLX & more – CNBC

By |

This article was originally published on this site Check out which companies are making headlines before the bell: UnitedHealth Group – The nation’s largest health insurer reported adjusted quarterly profit of $2.66 per share, ten cents a share above estimates. Revenue was slightly short of forecast, but the company is also predicting full-year profit of…

Read more »

Stocks Are Risky – But Avoiding Them Can Be, Too – Kiplinger's Personal Finance

By |

Stocks Are Risky – But Avoiding Them Can Be, Too – Kiplinger's Personal Finance

This article was originally published on this site Without stocks, your retirement portfolio may not grow as fast as prices rise. With inflation at 3%, the $100,000 you have available to spend today could be worth less than $48,000 25 years down the road. Anyone who’s ever invested in the stock market — or even…

Read more »

Passenger says Delta crew stopped her from singing anthem – Tribune-Review

By |

This article was originally published on this site Updated 3 hours ago SAVANNAH, Ga. — A Georgia physician said her plan to honor a fallen soldier by singing the U.S. national anthem aboard a Delta Air Lines plane carrying the soldier’s casket was stopped by a flight attendant who told her it would violate company…

Read more »

Gorman's Brokerage Play Lifts Morgan Stanley to Higher Profits – Bloomberg

By |

This article was originally published on this site This is why James Gorman wanted Smith Barney. While Morgan Stanley suffered the same bond-trading slump that afflicted rivals, the firm’s wealth management business carried it to improved profit last quarter. That division — which Gorman made a central part of the bank’s future as a driving…

Read more »

Facebook Auto Publish Powered By : XYZScripts.com