Business Insider•16 hours agoA former GE exec who trained new managers found that almost all of them were making the same mistake
Beth Comstock is the former vice chair of General Electric. Comstock would hand out "permission slips" authorizing employees to take risks — but she also said it's important for people to stop hiding behind their excuses. Beth Comstock doesn't tolerate excuses.
- Zacks•7 hours ago
Alibaba (BABA) Dips More Than Broader Markets: What You Should Know
Investors will be hoping for strength from BABA as it approaches its next earnings release, which is expected to be November 2, 2018. On that day, BABA is projected to report earnings of $1.16 per share, which would represent a year-over-year decline of 10.08%. Investors should also note any recent changes to analyst estimates for BABA.
Yahoo Finance•16 hours agoKen Langone: 'Who the hell in their right frame of mind would be buying bonds now?'
Billionaire investor and philanthropist Ken Langone, the founder of The Home Depot (HD) and chairman of Invemed Associates, argued that there’s some “big time” structural problems in the market right now. Because if we are on a trajectory of raising rates that means, and if it keeps going that way and I don’t know how high it will go, and it keeps going that way then all the sudden the guy who bought those bonds is going to be looking at a fairly decent loss,” Langone said.
- Associated Press•8 hours ago
United Rentals: 3Q Earnings Snapshot
STAMFORD, Conn. (AP) _ United Rentals Inc. (URI) on Wednesday reported third-quarter earnings of $333 million. On a per-share basis, the Stamford, Connecticut-based company said it had profit of $4.01. Earnings, adjusted
- FX Empire•18 hours ago
EUR/USD Mid-Session Technical Analysis for October 17, 2018
The Euro is trading lower on Wednesday against a strengthening U.S. Dollar. Traders are responding to increased demand for higher risk assets and firmer U.S. Treasury yields. At 1055 GMT, the EUR/USD is trading at 1.1553, down 0.0022 or -0.19%.
Business Insider•yesterdaySears soars 36% — one day after filing for bankruptcy (SHLD)
The retailer received approval on Tuesday to access a $300 million loan to keep it afloat during bankruptcy. Sears Holdings soared as much as 124% — one day after filing for bankruptcy — as the embattled retailer received approval to access a $300 million loan to keep it afloat during bankruptcy.
- InvestorPlace•12 hours ago
Something’s Wrong With the Netflix Stock Price
NFLX stock is up less than 5% in Wednesday’s session, after being up nearly 10% before the market opened. For all the noise about Netflix’s cash flow or earnings multiples, the story behind NFLX stock is all about subscribers, as I’ve written several times. A subscriber beat in the third quarter and strong guidance for Q4 seems to alleviate the worries that led the Netflix stock price down double-digits after a disappointing Q2 report.
- Zacks•15 hours ago
Advanced Micro Devices (AMD) Q3 Earnings Preview: Here's What to Look Out For
Advanced Micro Devices (AMD) is expected to deliver a year-over-year increase in earnings on higher revenues when it reports results for the quarter ended September 2018. This widely-known consensus outlook gives a good sense of the company's earnings picture, but how the actual results compare to these estimates is a powerful factor that could impact its near-term stock price. The earnings report, which is expected to be released on October 24, 2018, might help the stock move higher if these key numbers are better than expectations.
- CNBC•13 hours ago
Berkshire Hathaway shares look really cheap using Warren Buffett's own method of valuing stocks
Companies pay investors dividends but they also retain some of their earnings. Over time, companies invest these retained earnings at a higher rate of return and that ultimately boosts their share prices, benefiting their investors. J.P. Morgan analyst Sarah DeWitt calculates that Berkshire's share of undistributed earnings from its stock portfolio is $12 billion, or about $5.19 per Berkshire Class B share.
- CNBC Videos•6 hours ago
Alphabet and Amazon, Cramer's largest trust holding, can ...
Jim Cramer checks in on FAANG after Netflix's earnings beat to see how shares of the technology giants are holding up.
- Yahoo Finance•14 hours ago
IBM disappoints, more Facebook accusations, Apple apologizes
Here’s a look at some of the companies the Yahoo Finance team will be watching for you today. IBM investors aren’t thrilled with the latest earnings report. The company posted a beat on earnings but revenue missed. CEO Ginni Rometty says the results show
- Zacks•15 hours ago
AT&T (T) Q3 Earnings Preview: How Are Events Shaping Up?
The market expects AT&T (T) to deliver a year-over-year increase in earnings on higher revenues when it reports results for the quarter ended September 2018. This widely-known consensus outlook is important in assessing the company's earnings picture, but a powerful factor that might influence its near-term stock price is how the actual results compare to these estimates. The stock might move higher if these key numbers top expectations in the upcoming earnings report, which is expected to be released on October 24.
- TheStreet.com•6 hours ago
Jim Cramer: How These Five Tech Powerhouses Keep Coming Back
if FAANG doesn't come back. Netflix added 1,09 million domestic subs which exceeded the 673,000 consensus, and internationally the company added a staggering 5.87 million subs versus the 4.46 million the analysts were hoping for. Netflix now has 130 million paid customers and it predicts another 9 million people will join in the fourth quarter.
- CNBC Videos•17 hours ago
Mortgage applications tank 7.1% as interest rates surge
CNBC's Diana Olick reports on mortgage applications falling.
- InvestorPlace•15 hours ago
10 Marijuana Stocks for the Canadian ‘Pot Rush’
After historic legislation that moved Canada as the first G7 member state to legalize recreational marijuana, it became official. This has significant implications, especially for marijuana stocks. As such, investors should strongly consider marijuana stocks to buy, irrespective of their personal reservations.
- Zacks•8 hours ago
Kinder Morgan (KMI) Tops Q3 Earnings Estimates
Kinder Morgan (KMI) came out with quarterly earnings of $0.21 per share, beating the Zacks Consensus Estimate of $0.20 per share. This quarterly report represents an earnings surprise of 5%. Kinder Morgan, which belongs to the Zacks Oil and Gas - Production and Pipelines industry, posted revenues of $3.52 billion for the quarter ended September 2018, missing the Zacks Consensus Estimate by 3.11%.
- Zacks•7 hours ago
Nvidia (NVDA) Dips More Than Broader Markets: What You Should Know
Heading into today, shares of the maker of graphics chips for gaming and artificial intelligence had lost 9.29% over the past month, lagging the Computer and Technology sector's loss of 4.86% and the S&P 500's loss of 3.08% in that time. Meanwhile, the Zacks Consensus Estimate for revenue is projecting net sales of $3.25 billion, up 23.44% from the year-ago period. As a result, we can interpret positive estimate revisions as a good sign for the company's business outlook.
- Bloomberg•12 hours ago
Berkshire Versus Berkshire? Warren Buffett Is OK With the Competition
“Competition is fine,” Buffett said Wednesday at an event for MLMIC, a medical liability insurer that Berkshire acquired this year. Berkshire has other holdings among rival firms. It is among the top investors in Wells Fargo & Co., Goldman Sachs Group Inc. and Bank of America Corp. It also owns Dairy Queen and has made an investment in Restaurant Brands International Inc., the owner of Burger King.
InvestorPlace•13 hours agoBuy Canopy Growth as Pot Goes Legal in Canada? I Wouldn’t
Canopy Growth Corp (NYSE:CGC) did a tremendous job holding up through the volatile first half of October. While the S&P 500, Nasdaq and other well-known indices and stocks were getting hit, CGC stock was holding steady and actually rallying. With Canada legalizing recreational marijuana use today, does that make Canopy Growth stock a screaming buy?
- MarketWatch•8 hours ago
Walmart will save $20 million annually on floor wax
Walmart Inc. has found a new way to save millions of dollars: Switch the floor wax it uses in its stores. According to the retail giant’s Chief Financial Officer Brett Biggs, Walmart (WMT) switched to a new floor wax that’s both cheaper and more effective, reducing the number of times the floors have to be buffed. “That one change in floor wax will save us over $20 million a year,” he said, according to a FactSet transcript of the company’s Tuesday investment community meeting.
- Fortune•2 days ago
Steven Mnuchin, Who Sat on Sears' Board for Years, Could Impact the Pensions of Thousands of Workers
Long before he was Secretary of the Treasury, Steven Mnuchin was a student at Yale University. One of those was Eddie Lampert. Lampert, of course, is the recently departed CEO of Sears Holdings, which filed for Chapter 11 bankruptcy Monday.
- Barrons.com•13 hours ago
Berkshire Hathaway Stock Looks Cheap by Warren Buffett’s Measure
By using a financial measure called “look-through earnings,” which seeks to incorporate the profits of the companies in Berkshire’s huge $200 billion equity portfolio into Berkshire’s earnings, its shares suddenly seem cheaper, according to a report Wednesday from JPMorgan analyst Sarah DeWitt. Buffett has often referred to look-through earnings in his annual shareholder letters as a good way to analyze the company. Berkshire’s class B shares are off $1.33, or 0.6%, to $208.50 in morning trading Wednesday.
- MarketWatch•14 hours ago
Netflix is ditching freeloaders from subscriber forecasts after volatile stock moves
After two consecutive off-the-mark quarters, falling short of its own forecasts for subscriber growth, Netflix Inc. hopes to put an end to the big swings in its stock price with some changes to its accounting. Three months ago, Netflix reported weaker-than-expected subscriber growth, sending its stock tumbling about 12% in the next trading day. From last quarter: Is Netflix stock falling down a mountain, or just tripping over a molehill?
- CNBC•7 hours ago
Cramer: Alphabet and Amazon, my largest trust holding, can still be bought after Netflix beat
CNBC's Jim Cramer checks in on FAANG after Netflix's earnings beat to see how shares of the technology giants are holding up. Alphabet and Amazon's stocks look "ripe to buy" after the recent sell-off, the "Mad Money" host says. CNBC's Jim Cramer has spotted some attractive buying opportunities in FAANG — his acronym for the stocks of Facebook FB , Amazon AMZN , Apple AAPL , Netflix NFLX and Google, now Alphabet GOOGL — after the market's latest sell-off.
- Bloomberg•8 hours ago
Lampert, Sears Creditors Gird for Battle Over Recent Asset Sales
Lampert, 56, a billionaire who controls nearly half of Sears stock, has had interests on both sides of significant transactions the past few years. Lampert and his hedge fund, ESL Investments Inc., have loaned Sears $2.66 billion in a dozen different ways.
