Morgan Stanley headquarters in Times Square, New York. Source: Morgan Stanley Check out the companies making headlines in midday trading: Netflix – Shares of the streaming service rose 3.4% after Netflix reported mixed third-quarter earnings results, beating Wall Street’s expectation for earnings and international subscriber growth but just missing on both revenue and domestic subscriber growth.
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Booz Allen Hamilton (NYSE:BAH) was founded in Illinois in 1914 by Edwin Booz. He wanted to create a company that could look objectively at others and then offer suggestions on how to improve internal and external business execution. Basically, Booz Allen Hamilton was the birth of the corporate consultant. Source: Jer123 / Shutterstock.com While its first
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It was a very interesting session in the stock market today. While the indices were not all that volatile, tech stocks took a hit on several bearish analyst calls and worries over growth. Of course, the action comes as earnings reports continue to hit the tape too. Ultimately the SPDR S&P 500 ETF (NYSEARCA:SPY) fell
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Download Preston’s 1 page checklist for finding great stock picks: http://buffettsbooks.com/checklist Preston Pysh is the #1 selling Amazon author of two books on Warren Buffett. The books can be found at the following location: In this lesson, we learned about the three different credit organizations that rate a company’s debt. Those three organizations are Standard
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Following the news has been quite an endeavor for investors of large-capitalization publicly traded companies. Early last week, President Trump blacklisted several Chinese organizations, sending the broader indices downward. Later, a promising truce between U.S. and Chinese negotiators surprisingly emerged, boosting the markets. However, the roller-coaster ride probably has many folks thinking about lesser known
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After a strong earnings-driven rally yesterday, U.S. equity benchmarks gave back some of those gains Wednesday following some slack retail sales data. Source: Venturelli Luca / Shutterstock.com Retail sales dipped 0.30% in September, disappointing analysts that had been forecasting a 0.30% increase. In better news, the Commerce Department revised the August figure to a gain
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Some investors believe that Intel (NASDAQ:INTC) stock is cheap because it trades at 11 times its forward price-earnings ratio. Others believe INTC stock isn’t cheap because its earnings growth continues to decelerate.  Source: JHVEPhoto / Shutterstock.com I’m still upbeat about INTC stock, simply because Intel’s free cash flow generation continues to be strong. That’s a
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With many of the major financial institutions posting strong numbers for the third quarter, bank stocks appear poised as the investment class to jump into. Recent fundamentals, such as a temporary thaw in the U.S.-China trade war, gives credence to this argument. However, I’m going to take a contrarian approach, suggesting that they’re instead stocks
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Nobel Prize-winning economist Robert Shiller came to the New York Stock Exchange to discuss his new book, “Narrative Economics.” It’s a book about storytelling: Humans understand the world by telling stories, Shiller says. “The most natural thing in our brains to talk about is gossip, okay?,” Shiller said. “We love these stories. We center around
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Traders were almost put to sleep on Monday, following a snoozy session on Columbus Day. Tuesday was anything but boring though, with earnings making headlines in the stock market today. The broader indices rocketed higher, with tech leading the way. The PowerShares QQQ ETF (NASDAQ:QQQ) climbed 1.27%, while the SPDR S&P 500 ETF (NYSEARCA:SPY) rallied
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United Airlines planes at Newark Liberty International Airport Leslie Josephs | CNBC Check out the companies making headlines after the bell: Shares of United Airlines climbed more than 2% during extended trading after the airline raised its full year adjusted earnings guidance range to between $11.25 and $12.25 per share. Analysts estimated full-year earnings of
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