The drug and and consumer products company reported adjusted earnings of $1.86 per share, higher than the $1.82 expected in a survey of analysts by Refinitiv.
Kategorie-Archiv: CNBC Financial News
General Electric shares pop on better-than-expected industrial cash flow, rosy outlook
The conglomerate has continued to pay down its debt during the pandemic and cut costs through, for example, layoffs in its aviation business.
S&P 500 futures are flat ahead of busy week for earnings, Apple shares gain
Wall Street prepares for the busiest week of earnings, which will include reports from some of the largest tech companies.
The stock market frenzy feels like 1999 dot-com bubble, global investor Barry Sternlicht warns
„I don’t think we’re having a problem in the stock market near term,“ the Starwood Capital founder told CNBC. But he urged investors to watch out long term.
Trading volume is up from 2020’s breakneck pace as retail investors jump in
It’s not just equity prices that are hitting new highs in 2021. Trading volumes for stocks and options are at records as well.
Stocks making the biggest moves in the premarket: IBM, Sierra Wireless, Intuitive Surgical & more
The stocks making the biggest moves in premarket trading include IBM, Sierra Wireless, Intuitive Surgical, and more.
Risk of a major correction is ‚really low,‘ economic forecaster Lakshman Achuthan says
The Economic Cycle Research Institute’s Lakshman Achuthan said U.S. growth will help stocks avert a major setback.
Trading volume is up from 2020’s breakneck pace as retail investors jump in
It’s not just equity prices that are hitting new highs in 2021. Trading volumes for stocks and options are at records as well.
As Biden takes office, China again calls for relations with the U.S. to ‚return to the right track‘
In the wake of Joe Biden’s inauguration, China is talking up hope for better relations with Washington but warns against challenging Beijing’s sovereignty.
IBM revenue slide continues in Q4 2020
IBM’s revenue has fallen for four consecutive quarters, a familiar theme for the company.