Stocks / Highlights
Dow 30 Earnings: Visa Inc. Fiscal First Quarter 2015
Sharif Abdou | 1/30/2015
Investors were clearly pleased with Visa’s solid December-period results, which were driven by the company’s international business, and the stock moved nicely higher, in response.
Stocks / HighlightsDow 30 Earnings: Chevron Corp. Fourth Quarter 2014
Jeremy J. Butler | 1/30/2015
Chevron a Dow-30 member, the world's fourth-largest oil company based on proven reserves, and the second-largest energy company based in the United States, has reported fourth-quarter results. Revenues dropped almost 18%, to $46.1 billion, and share net fell 28%, to $1.85.
Markets / CommentariesGDP Growth Wilts In The Fourth Quarter, Rising Just 2.6%
Harvey S. Katz, CFA | 1/30/2015
The financial markets, already reeling recently from falling oil prices, flagging economic activity in Europe, and a mixed performance on the U.S. corporate front in the fourth quarter, now have some additional disquieting news to chew on, as the nation's gross domestic product grew by a somewhat below forecast 2.6% during the fourth quarter.
Stocks / CommentariesRetail Roundup: January 29, 2015
Andre J. Costanza | 1/29/2015
The holiday shopping season is behind us and early data suggests that spending was up overall. Indeed, The National Retail Federation said that 2014 holiday sales increased 4.0% over the year-before period, the biggest increase since 2011, despite disappointing December results.
Markets / CommentariesThe Federal Reserve Stays The Course On Monetary Policy
Harvey S. Katz | 1/28/2015
The Federal Reserve concluded its latest FOMC meeting earlier this afternoon, and did the expected, namely opting to maintain its present monetary course and expressed a willingness to be patient on raising interest rates.
Stocks / HighlightsUsing A Value Line Report: International Business Machines: Big Blue Making Investors Blue
Erik M. Manning | 1/28/2015
For years, International Business Machines (IBM) has been a worldwide supplier of advanced information processing technology, communications systems, services, and program products. Its name is synonymous with the boom in computing and data sharing that powered the tech world through so much growth and change in the last several decades. All the while, its stock has been a Dow-30 component and a bellwether for the technology sector as a whole. But of late, things seem to be taking a turn for the worse at IBM. High-profile names like Apple and Google get the majority of the headlines nowadays, and the news that is generated by Big Blue has not been positive in recent quarters.
Stocks / HighlightsDow 30 Earnings: AT and T Inc. Fourth Quarter 2014
Justin Hellman | 1/28/2015
Telecommunications heavyweight AT and T (T) has reported fourth-quarter results that were mixed, still this Dow component inched higher.
Stocks / HighlightsDow 30 Earnings: Boeing Fourth Quarter 2014
Ian Gendler | 1/28/2015
The Boeing Company, the world's largest aerospace/defense corporation, achieved strong bottom-line results in the fourth quarter. Moreover, the company issued an upbeat outlook for 2015 and the stock moved higher, in response.
Markets / CommentariesConsumer Confidence And New Home Sales Both Surge, Taking Pressure Off Economy
William G. Ferguson | 1/27/2015
On a day in which the investment community received some very disappointing earnings reports from Corporate America and weaker-than-expected data on durable goods orders before trading commenced on these shores, some good news came a half-hour into the trading day in the form of two strong reports on the state of the U.S. economy. Both new home sales for the month of December and the January reading on consumer confidence were very strong.