Posts by Kathy Cherpelis

  • LinkedIn sinks;Tesla's power play; Visa gets swiped

    Kathy Cherpelis at Yahoo Finance 2 days ago

    Here’s a look at some of the stocks the Yahoo Finance team will be watching for you today.

    It has been a rough week for social media firms like Yelp (YELP) and Twitter (TWTR) and today isn't any better.

    LinkedIn (LNKD) shares are getting hit hard in early trading. The professional networking website cut its sales forecast for the current quarter and the year. The company blaming the stronger dollar and costs related to its purchase of the education site Lynda.com. However, LinkedIn beat on both its top and bottom lines last quarter with sales rising about 35% from a year earlier.  

    Visa (V) shares a lower this morning after the world's largest credit and debit card company provided a weaker-than-expected outlook for its current quarter. The company expects the strong dollar and less spending by consumers on gas transactions to continue to put pressure on its bottom line. This comes as Visa reported a slight beat on earnings and revenue last quarter.

  • ExxonMobil higher on beat;Yelp tanks;Tesla unveil today

    Kathy Cherpelis at Yahoo Finance 3 days ago

    Here’s a look at some of the stocks the Yahoo Finance team will be tracking for you today.

    ExxonMobil (XOM) shares are higher in early trading. The oil giant reporting a beat on both its top and bottom line. However, the sharp drop in oil prices took on toll on profits, which were down 46% from a year earlier. Exxon already said it would cut its capital spending by12% this year and scale back its stock buybacks. The company also increased its quarterly dividend by 6%.

    Viacom’s (VIAB) second quarter adjusted earnings topped Wall Street views, but revenue fell short of estimates. Sales fell nearly 3% from a year earlier as the owner of Nickelodeon, MTV, Comedy Central and Paramount Pictures saw domestic ad revenue decline due to weak ratings of some of its popular programs.

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  • Lumber Liquidators gets hammered; GoPro and Starwood soar

    Kathy Cherpelis at Yahoo Finance 4 days ago

    Here’s a look at some of the stocks the Yahoo Finance team will be watching for you today.

    MasterCard (MA) shares are higher in early trading. The credit card company reporting earnings per share that beat analysts' estimates, although revenue rose nearly 3% from a year earlier it slightly missed forecasts in the first quarter.  MasterCard says card use jumped 12% in the period and notes it's doing well despite a mixed economic environment and a strong dollar.

    Time Warner (TWX) shares are rising this morning after the media giant's first quarter earnings and revenue beat forecasts with sales rising 5% from a year earlier as it benefited from higher subscription fees and advertising revenue from its cable channels, including the broadcasting of the NCAA basketball tournament in March and April.

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  • Apple does it again; UPS rises and Container Store tumbles

    Kathy Cherpelis at Yahoo Finance 5 days ago

    Here’s look at some of the stocks the Yahoo Finance team will be tracking for you today.

    Apple (AAPL) reporting another blowout quarter.  The tech giant's earnings and revenue surpassed analysts' estimates with profits hitting a record for the first three months of the year. Sales jumped 27% from a year earlier as it sold more iPhones in China than the U.S. for the first time ever.  Apple also raised its dividend by 11% and increased its share buyback by $50 billion to $140 billion. However, the company did not provide any sales figures for its new Apple watch.

    UPS (UPS) shares are higher ahead of the open. The world's biggest delivery company posting an earnings per share beat, but revenue came in slightly below estimates.  Profits were helped by prices increases and growth in its domestic market.  

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  • Chipotle menu is now GMO-free

    Kathy Cherpelis at Yahoo Finance 6 days ago

    Chipotle (CMG) is saying “no mas" to genetically-modified food.

    The Mexican fast-food chain is removing all GMOs from its menu. While Chipotle has labeled food containing GMOs since 2013, it will become the first major chain to stop serving GMO products altogether.

    The  World Health Organization  defines GMOs as “ organisms whose genetic material (DNA) has been modified in a way that does not occur naturally .”

    “We are changing the way people think about and eat fast food, and that means cooking with the very best ingredients – ingredients that are free of additives – but still serving food that is affordable, convenient, and most importantly delicious,” Steve Ells, founder and co-chief executive of Chipotle said in a statement. “That’s really unusual in fast food, but that’s the quest we are on, and we continue to make progress."

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  • Apple jumps ahead of earnings; Applied Materials merger falls apart; Deutsche Bank overhaul plan

    Kathy Cherpelis at Yahoo Finance 6 days ago

    Here’s a look at some of the stocks the Yahoo Finance team will be tracking for you today.

    Apple (AAPL) shares are higher in early trading. The tech giant is slated to report its quarterly results after the close of trading today. Analysts are looking for earnings to rise 30% to $2.16 a share, while revenue is seen jumping 23% to $56 billion. The increase in revenue is expected to be driven by strong iPhone sales.

    Marvell Technology (MRVL) shares are falling in early trading. The chipmaker warning late Friday that first quarter revenue will be below what it previously expected due primarily to weak demand for PCs, especially in emerging markets. Marvell Technology is scheduled to report quarterly results on May 21st.

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  • Chipotle delivery service doesn't come cheap

    Kathy Cherpelis at Yahoo Finance 9 days ago

    OMG!   CMG   [Chipotle Mexican Grill] now delivers right to your door and you can use your new Apple ( AAPL ) Watch to do it.     

    The Mexican fast-casual chain very popular with Millennials is offering delivery service in the 67 U.S. cities where Postmates   [a San Francisco-based start-up company] operates. Chipotle made the announcement in its   earnings call earlier this week.

    For a list of the 67 cities where Chipotle delivery will be available through Postmates click here

    Yahoo Finance Columnist Rick Newman says it’s a great idea but the rub is the price for delivery.

    “If you can get free delivery of Chipotle It would be a no brainer, but $5 dollar and up based how far away from the outlet you are…this will test how much pricing power Chipotle really has,” according to Newman.

  • Amazon hits new high; Google, Microsoft and Starbucks zoom higher

    Kathy Cherpelis at Yahoo Finance 9 days ago

    Here’s a look at some of the stocks the Yahoo Finance team will be tracking for you today.

    Amazon (AMZN) shares are hitting a new high in early trading. The e-commerce giant reporting revenue grew more than expected in the first quarter thanks to its cloud services and rising sales in North America. It was the first time Amazon broke out numbers for it cloud business, which saw a nearly 50% jump in revenue. However, the company's big spending habits did continue to drag down profits. 

    Google (GOOGL)  shares are higher in early trading.  Even though the search giant reported weaker-than-expected earnings and revenue in the first quarter, sales were up 12% from a year earlier thanks to a jump in online ad volume which helped offset the impact of the stronger dollar.  

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  • GM skids lower; Pepsi loses some fizz; Caterpillar climbs

    Kathy Cherpelis at Yahoo Finance 10 days ago

    Here’s a look at some of the stocks the Yahoo Finance team will be tracking for you today.

    General Motors (GM) shares are lower this morning. The carmaker coming up short on both its top and bottom lines in the first quarter. GM feeling the effects of the strong dollar, a restructuring of its operations in Russia and an adjustment in its estimate of how much it will cost to compensate victims for faulty ignition switches. Those bad switches are blamed for crashes that caused at least 87 deaths. 

    Caterpillar (CAT) shares are soaring in early trading.The heavy machinery maker slightly raised its earnings per share outlook for the year after earnings and revenue came in well above estimates for the first quarter thanks to cost cutting and as it saw sales improve in North America.

    Get the Latest Market Data and News with the Yahoo Finance App

  • McDonald's jumps on turnaround hopes; Coke pops; Facebook near high

    Kathy Cherpelis at Yahoo Finance 11 days ago

    Here’s a look at some of the stocks the Yahoo Finance team will be tracking for you today.

    McDonald's (MCD) shares are higher in early trading. CEO Steve Easterbrook saying the world's biggest fast-food chain is working on a turnaround plan and it will announce details May 4th. This after the company reports sales declined for the 6th consecutive quarter with drops in guest traffic across all regions including a 2.6% drop in the U.S.

    Chipotle (CMG) shares are falling before the bell.  The burrito chain reporting earnings per share that topped analysts' estimates and although revenue rose more than 20% percent from a year earlier, it was still shy of estimates.  This as the company saw the slowest same-store sales growth in five quarters. Chipotle  also said supply woes have led to a shortage of carnitas which will hurt sales this year.  

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