Trump spat appears to be hitting Harley-Davidson and trade-ins for rival Indian brand are rising
Harley-Davidson’s spat with President Donald Trump seems to be having a significant impact on the iconic motorcycle manufacturer, according to an analyst report. Trump backed a possible boycott of the Wisconsin-based motorcycle manufacturer on social media. Harley sales already had...
Stocks making the biggest move premarket: PG, HON, F, VFC, HOG AMZN & more
Check out the companies making headlines before the bell: Procter & Gamble – The consumer products giant reported adjusted quarterly profit of $1.12 per share, exceeding estimates by 3 cents a share. Revenue also came in above Street forecasts and...
There’s a new biggest Apple bull on Wall Street, and he expects a 40% surge
Wall Street has a new biggest Apple bull. Longtime technology analyst Daniel Ives, fresh off a move to Wedbush Securities from GBH Insights, initiated coverage of Apple with an outperform rating and a 12-month price target of $310. His forecast...
Venmo had a breakout quarter and is at a ‘tipping point’ to finally make money for PayPal, CEO says
Investors finally got what they were waiting for in PayPal’s quarterly earnings: Good news about Venmo. The peer-to-peer payments app, which PayPal acquired along with Braintree in 2012, has struggled to make money for its parent company. Wall Street analysts...
Stocks making the biggest moves after hours: PayPal, DowDuPont, AIG and more
Check out the companies making headlines after the bell: PayPal stock jumped more than 7% percent after the market-close on Thursday following the release of its third-quarter earnings report. The payment company beat on both its top and bottom lines,...
We could see more ‘dramatic declines’ in the stock market: Top technician Ralph Acampora
There still may be more “dramatic” selling ahead for the stock market, top technician Ralph Acampora told CNBC on Thursday. He’s looking to see if the lows of the last week or so hold. “If we start taking out those...
Highlights from the 3rd Annual Net/Net Summit
The CEO-CFO Partnership: Managing Change in Retail Health CareAcquisitions. Buybacks. New competitors (Amazon!). Shifting consumer trends. The team at Walgreens Boots Alliance has had its hands full in recent years, keeping pace with rapid changes while delivering consistent growth. We’ll...
American Express shares rise after third-quarter earnings top Street on record revenue
American Express beat Wall Street’s expectations for third quarter earnings, saying Thursday it had earnings per share of $1.88 on strong gains in spending by consumers and small businesses. Wall Street had expected EPS of $1.77, as forecast by Refinitiv....
PayPal jumps after reporting a beat on the top and bottom lines, growth in Venmo
PayPal reported third-quarter earnings and revenue that topped Wall Street estimates on Thursday, with a surge in payment volume for its peer-to-peer payment app Venmo. Here’s how the company did compared with what Wall Street expected: Earnings: 58 cents vs....
Goldman CEO Solomon says part of October’s market sell-off driven by programmatic trading
Goldman Sachs CEO David Solomon said Thursday that he believes part of October’s steep stock sell-off was the result of programmatic trading. “There’s no question when you look at last week, some of the selling is the result of programmatic...
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