Wall Street week ahead: Where Netflix goes, Big Tech may follow
A look at the upcoming week on Wall Street.
The Week Ahead-Where Netflix goes, Big Tech may follow
Netflix's earnings next week may offer a preview of whether other big name stocks can continue to deliver.
Asian shares mixed as US government shutdown threat looms
U.S. stock indexes edged lower in early trading Thursday, pulling back slightly from the market's latest record highs.
IBM reports first revenue growth since 2012
IBM reported its first quarter of revenue growth in more than five years as the company ramps up its cloud computing business and looks for new opportunities from its investments in artificial intelligence.
IBM's revenue rises for the first time in nearly six years
IBM's quarterly revenue rose for the first time in nearly six years, largely due to growth in its focus areas such as cloud and security services.
AmEx posts first loss in 26 years on tax charge, suspends buybacks
American Express posted its first quarterly loss in 26 years, due a $2.6 billion charge related to the U.S. tax law overhaul and the credit card issuer also said it would suspend its share buyback program for the first half of 2018.
Morgan Stanley tops estimates on underwriting, wealth management
Morgan Stanley's adjusted quarterly profit topped Wall Street estimates on Thursday as strength in underwriting and wealth management offset a sharp but expected decline in bond trading revenue.
Morgan Stanley's profits fall 59 percent due to tax bill
Morgan Stanley's earnings fell 59 percent in the fourth quarter as the investment had to book $990 million in charges related to the new tax law.
Asian shares advance after Wall Street rally; eyes on China
U.S. stocks edged higher in early trading Wednesday, recouping some of the market's losses from a day earlier.
Apple to create 20K new US jobs
Apple jobs
Bank of America 4Q profits fall by 48 percent due to tax law
Bank of America says its fourth-quarter profits fell by nearly half from a year ago, as the bank had to book $2.9 billion in charges related to the new tax law.
Goldman Sachs posts $1.9 billion loss due to new tax law
Goldman Sachs says it lost $1.93 billion in the fourth quarter, as the bank had to record more than $4 billion in charges related to the new tax law.
Goldman Sachs posts first quarterly loss in 6 years
Goldman Sachs Group Inc. reported lower profit and revenue for its fourth quarter, as quiet trading and a one-time tax hit pushed the firm to its first quarterly loss in six years.
Bank of America profit slumps on $2.9B tax charge
Bank of America Corp's fourth-quarter profit nearly halved as it booked a $2.9 billion charge stemming from the new federal tax law.
US Bancorp's 4Q profit rises 16%
U.S. Bancorp reported a 16 percent increase in quarterly profit on Wednesday as it booked a $910-million tax benefit due to new U.S. tax laws.
Asian shares track weakness on Wall St; China shares higher
U.S. stocks climbed broadly in early trading Tuesday, sending the Dow Jones industrial average past the 26,000-point mark for the first time.
CSX 4Q profit up 25 percent and railroad gets tax-cut boost
CSX Corp. reported Tuesday that its fourth-quarter profit grew 25 percent as it further cut expenses, and on top of it the railroad booked a $3.6 billion benefit from the corporate tax cut Congress approved last year.
General Motors sees sustained profits through 2018
General Motors expects strong sales in North America and China to sustain its profit through 2018.
Ford says profits will fall in 2018
Ford Motor Co. says its pretax earnings will likely fall in 2018 as U.S. sales soften, commodity costs increase and it invests heavily in new electric and hybrid vehicles.
Ford Motor sees lower operating profit on an earnings-per-share basis
Ford expects lower operating profit on an earnings-per-share basis in 2018, with higher commodity costs and adverse exchange rates offsetting gains from cost-cutting efforts and continued demand for high-margin pickup trucks.


















