Новости за 24.08.2016

Guess Inc. shares soared 14.2% in Wednesday after-hours trading after the apparel and accessories company reported fiscal second-quarter earnings and same-store sales that beat consensus. Net income for the quarter totaled $32.3 million, or 38 cents per share, up from $18.3 million, or 21 cents per share, for the same period last year. Adjusted earnings were 14 cents per share, beating the FactSet consensus of 6 cents per share. Sales totaled $545.0 million, down from $546.3 million, and below... Читать дальше...

Tim Cook has done a few things over the past few years to benefit Apple that may have been overlooked by Steve Jobs.

Tim Cook has done a few things over the past few years to benefit Apple that may have been overlooked by Steve Jobs.

Apple’s stock has gotten a bad rap under Tim Cook, as investors have had to endure two bear markets and a disappointing time as a member of the Dow Jones Industrial Average, but it really hasn’t been that bad.

Workday Inc. shares rose in the extended session Wednesday as the finance and human resources cloud company topped Wall Street revenue targets for the second quarter but forecast revenue that fell below the consensus. Workday shares rose 4.5% to $83.20 after hours. The company reported an adjusted second-quarter loss of 4 cents a share on revenue of $377.7 million. Analysts surveyed by FactSet had forecast a loss of 2 cents a share on revenue of $372.7 million. For the third quarter, Workday forecast revenue of $398 million to $400 million... Читать дальше...

Shares of Williams-Sonoma Inc. fell in Wednesday's extended session after the kitchenware retailer released a weak outlook for the current quarter. Williams-Sonoma reported second-quarter earnings of $51.8 million, or 58 cents a share, compared with $53.7 million, or 58 cents a share, in the same quarter last year. The year-earlier quarter's earnings per share included a 3-cent tax benefit. Revenue edged up to $1.16 billion from $1.13 billion. Analysts surveyed by FactSet had forecast earnings... Читать дальше...

HP Inc. , reported better-than-expected quarterly earnings Wednesday afternoon, but the company's stock still declined in late trading. The PC and printer-focused arm of Hewlett-Packard, which split into HP Inc. and Hewlett Packard Enterprise Co. last year, reported net profit of $783 million, or 46 cents a share, on sales of $11.89 billion. After adjusting for discontinued operations, restructuring charges and other effects, HP claimed earnings of 48 cents a share. HP was expected to post adjusted... Читать дальше...

Fitbit Inc. was cleared of accusations that it stole trade secrets from rival Jawbone Inc. on Tuesday. "No party has been shown to have misappropriated any trade secret," U.S. International Trade Commission Judge Dee Lord said in her finding. If Fitbit had been found guilty, the ITC could have banned U.S. imports of its fitness trackers. The determination is still subject to review by the commission, and a final decision is expected in December. "Jawbone's allegations were utterly without merit... Читать дальше...

Best Buy shares soar after strong earnings results, but retailer is dependent on product cycles, which makes the analyst outlook more conservative.

Best Buy shares soar after strong earnings results, but retailer is dependent on product cycles, which makes the analyst outlook more conservative.

The S&P 500 closed at a two-week low Wednesday as the health-care sector slumped amid a public debate over pharmaceutical companies' pricing practices. The S&P 500 slid 11 points, or 0.5%, to end at 2,175. The Dow Jones Industrial Average dropped 65 points, or 0.4%, to finish at 18,481 and the Nasdaq Composite fell 42 points, or 0.8%, to close at 5,217. Mylan shares skidded more than 5% after the company came under fire for its decision to raise the price of EpiPen, a widely used allergy medication... Читать дальше...

U.S. stocks close lower as health-care sector slides

Nasdaq down 1% as stock losses intensify ahead of the close

Central bankers at Jackson Hole, Wyo. face an existential threat to their relevance.

Central bankers at Jackson Hole, Wyo. face an existential threat to their relevance.

Copper prices have strayed from a broad rally in industrial metals and that’s indicative of a slow-going recovery in the global economy.

Health-care shares tumbled Wednesday, making it the worst performing of the S&P 500 Index's ten sectors, as pricing issues in the industry flared up again, first inflamed by an astronomical price hike of a cancer drug by then-Turing Pharmaceuticals CEO Martin Shkreli. The sector declined 1.7%, compared with a 0.7% slip in the broader index. Shares of Mylan dropped 6% on continuing controversy over the company's EpiPen pricing. On the Dow Jones Industrial Average, UnitedHealth Group Inc. and Merck Inc. Читать дальше...

Wednesday’s top personal finance stories

The new Chase Sapphire Reserve travel credit card touts a laundry list of perks, but make sure you read the fine print.

Parents are loosening their children’s leashes and allowing them to roam free on YouTube as the online video streaming site grasps for young audiences.

Parents are loosening their children’s leashes and allowing them to roam free on YouTube as the online video streaming site grasps for young audiences.

Gold futures fall Wednesday to log their lowest finish in about a month as investors hope for clarity this week on the near-term path for interest rates.

The new Chase Sapphire Reserve travel credit card touts a laundry list of perks, but make sure you read the fine print.

Gold futures fall Wednesday to log their lowest finish in about a month as investors hope for clarity this week on the near-term path for interest rates.

Investment returns look very different after they are adjusted for inflation.