Stock

Twitter Stock Down As Worries Grow Over Hacking
Twitter Stock Down As Worries Grow Over Hacking
December 18, 2018  |  Security & Fraud

Twitter, the microblogging website operator, saw its stock tank in trading on Tuesday (Dec. 18), after it said it was looking into unusual traffic that...

READ MORE >
Apple’s Stock Dips As Low iPhone Demand Prompts Price Target Cuts
Apple’s Stock Dips As Low iPhone Demand Prompts Price Target Cuts
December 06, 2018  |  Apple

Apple’s stock was under pressure in trading Thursday (Dec. 6) after two Wall Street firms reduced their price targets on the iPhone maker due to...

READ MORE >
Apple, Tech Shares Jump After Trade Cease-Fire
Apple, Tech Shares Jump After Trade Cease-Fire
December 03, 2018  |  Apple

Apple shares gained 1.8 percent Monday (Dec. 3) after the announcement of a trade cease-fire between the U.S. and China, according to a report by...

READ MORE >
Facebook Stock Hits Two-Year Low
Facebook Stock Hits Two-Year Low
November 19, 2018  |  Facebook

Facebook, the leading social media company, is facing pressure after The New York Times issued a damaging report, with the stock falling close to 5...

READ MORE >
Nordstrom Shares Fall Following Earnings Due To One-Time Charge
Nordstrom Shares Fall Following Earnings Due To One-Time Charge
November 16, 2018  |  Retail

Amid a charge to earnings related to incorrectly calculated interest rates on its credit cards, Nordstrom’s stock tumbled by close to 10 percent in after-hours...

READ MORE >
Spotify Paid Subscriptions Jump 40 Pct YoY
Spotify Paid Subscriptions Jump 40 Pct YoY
November 02, 2018  |  Subscriptions

Spotify’s paid members now number 87 million — a 40 percent year-over-year (YoY) increase from 2017. The music-streaming service announced in its third quarter results on...

READ MORE >
GE Slashing Quarterly Dividend, Reorganizing Power Unit, Facing DOJ Inquiry
GE Slashing Quarterly Dividend, Reorganizing Power Unit, Facing DOJ Inquiry
October 30, 2018  |  Earnings

GE, in conjunction with reporting a third-quarter loss of $2.63 a share, revealed that it is slashing its quarterly dividend, is reorganizing its Power unit and...

READ MORE >
Citigroup Beats Earnings Expectations, But Misses On Revenue
Citigroup Beats Earnings Expectations, But Misses On Revenue
October 12, 2018  |  Earnings

It was a better than expected showing when Citibank reported, with earnings coming in stronger than anticipated, buttressed by a lower corporate tax rate. According...

READ MORE >
Square CFO Departs, Shares Sink
Square CFO Departs, Shares Sink
October 11, 2018  |  Personnel

Square announced that its CFO is stepping down, which caused the company’s shares to fall in after-hours trading. Square’s CEO Jack Dorsey revealed that Sarah...

READ MORE >