Company News For Jan 16, 2019

Zacks Equity Research

Wed, Jan 16, 2019, 9:32 AM

In this article:

Delta Air Lines, Inc.’s DAL shares rose 0.2% after the company reported fourth quarter 2018 earnings per share of $1.30, surpassing the Zacks Consensus Estimate of $1.27
CVS Health Corporation’s CVS shares dipped 2.5% after the company announced that Walmart WMT had decided to exit the former’s pharmacy benefit management plan
Shares of Wells Fargo & Company WFC declined 1.6% after the company reported fourth quarter 2018 revenues of $20.98 billion, lower than the Zacks Consensus Estimate of $21.6 billion
Shares of United Continental Holdings, Inc. UAL surged 1.6% after the company reported fourth quarter 2018 earnings per share of $2.41, surpassing the Zacks Consensus Estimate of $1.86

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Zacks Investment Research

California McDonald's Franchise Owner Says, 'The Focus Is On Survival' With 'Unprecedented' $20 Per Hour Minimum Wage Forcing Higher Prices
In response to California's new $20 minimum wage law, fast food franchises are being forced to rethink their business strategies to stay afloat. Scott Rodrick, who owns 18 McDonald's franchises in the state, is considering measures to manage the increased labor costs without resorting to layoffs, which he sees as a last resort. Don't Miss: 82% of Americans aren’t using this government secured 5% passive income stream, are you one of them? The average American couple has saved this much money for
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Former House Speaker Nancy Pelosi Can't Stop Buying the 1 Artificial Intelligence (AI) Stock Billionaires Have Been Eager to Sell
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Motley Fool•1d ago
Exclusive-China acquired recently banned Nvidia chips in Super Micro, Dell servers, tenders show
A Reuters review of hundreds of tender documents shows 10 Chinese entities acquired advanced Nvidia chips embedded in server products made by Super Micro Computer Inc., Dell Technologies Inc. and Taiwan's Gigabyte Technology Co Ltd after the U.S. on Nov. 17 expanded the embargo to subject more chips and countries to licensing rules. Specifically, the servers contained some of Nvidia's most advanced chips, according to the previously unreported tenders fulfilled between Nov. 20 and Feb. 28.
Reuters•5h ago
Sam Bankman-Fried Agrees to Help FTX Investors Go After Celeb Promoters
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CoinDesk•16h ago
Apple stock will soar 36% as it gears up to launch an AI-enable iPhone, BofA says
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Business Insider•9h ago
2 Artificial Intelligence (AI) Stocks That Could Fall 19% and 65%, According to a Pair of Wall Street Analysts
AI stocks have soared over the last year, but these two could be at risk of a sell-off.
Motley Fool•14h ago
JPMorgan warns stock market sell-off has 'further to go'
Despite a rebound on Monday, many bearish strategists believe there are mounting risks to the market rally.
Yahoo Finance•37m ago
Traders are betting that TSMC stock's sudden 13% sell-off will deepen
The world's biggest chipmaker, which is a bellwether for the global semi producers, recently trimmed its industry-growth outlook.
Business Insider•7h ago
Why the Magnificent 7's 'momentum is collapsing'
Six of the largest tech companies are expected to see earnings growth slow over the next year, leaving room for other companies to lead the next leg of the stock market rally, UBS analysts say.
Yahoo Finance•1h ago
It's Time to Ditch These 2 "Magnificent Seven" Stocks and Replace Them With 2 Bona Fide Outperformers
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Motley Fool•23h ago

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Company News For Jan 16, 2019

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California McDonald's Franchise Owner Says, 'The Focus Is On Survival' With 'Unprecedented' $20 Per Hour Minimum Wage Forcing Higher Prices

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