Johnson & Johnson beats profit estimates on pharma strength, raises sales outlook
he company raised its 2019 forecast for operational sales.
Stocks
Wells Fargo's 2Q earnings beat on cost cutting, more loans
Wells Fargo results topped expectations on both the top and bottom lines.
Goldman Sachs hikes dividend despite trading weakness
Goldman Sachs 2Q results beat on both the top and bottom lines.
JPMorgan Chase 2Q earnings topped expectations
The nation's largest bank reported $29 billion in revenue and profits of $2.82 per share.
Google denies Peter Thiel's allegation of 'treasonous' links to China
Thiel, who co-founded PayPal and sits on Facebook’s board of directors, called on the FBI and CIA to investigate whether the company has been infiltrated by foreign intelligence.
Citigroup 2Q results top expectations on consumer lending boost
Citigroup reported 2Q profit of $1.95 per share topping the estimate for $1.80. Revenue came in at $18.8 billion.
Dow, S&P 500, Nasdaq post historic record setting week
Investors continue to remain optimistic that the Fed will cut rates after Chairman Jerome Powell's testimony on Capitol Hill this week.
Movers & Shakers: July 12, 2019
Stories moving the markets and shaking up the world.
Amazon tops $1 trillion valuation in intraday trading
Amazon shares have risen for eight consecutive trading sessions, representing their longest positive streatch since July 17, 2018.
Dow tops 27,000 for first time on health care stock gains, rate cut hopes
Investor sentiment was also buoyed by optimism that the Federal Reserve will cut interest rates at their July 31 meeting.
Movers & Shakers: July 11, 2019
Stories moving the markets and shaking up the world.
Nasdaq Composite hits new high on Powell comments
Markets are again optimistic about a possible interest rate cut.
Levi Strauss shares fall on slower sales outlook
The company returned as a public company with an IPO in March.
Movers & Shakers: July 10, 2019
Stories moving the markets and shaking up the world.
US stocks close mostly higher
Top U.S. and Chinese officials spoke Tuesday in an attempt to jump-start stalled trade negotiations.
Movers & Shakers: July 9, 2019
Stories moving the markets and shaking up the world.
PepsiCo results powered by demand for sodas, chips
Revenue in its snacking division, Frito-Lay North America, rose 4.5 percent.
Trump 'favored-nation' drug pricing order could hammer profits
The move could force drugmakers to offer treatments in the U.S. at the lowest cost offered elsewhere in the world.
US stocks fall as Fed interest rate cut hopes fade
The yield on the 10-year Treasury was largely unchanged at 2.04 percent. Bond yields and prices move in opposite directions.
US stocks curb losses as investors weigh jobs report, future Fed cut
The strong jobs report may throw a wrench into the odds for a rate by the Fed.