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Small Business

Broadcom Gets Price-Target Hikes After Closing Brocade Deal
By November 20, 2017 0 Comments Read More →

Broadcom Gets Price-Target Hikes After Closing Brocade Deal

Chipmaker Broadcom (AVGO) received a pair of bullish reports after closing its acquisition of Brocade Communications Systems on Friday. XAutoplay: On | OffBMO Capital Markets on Monday resumed coverage of Broadcom with an outperform rating and a price target of 330. RBC Capital Markets reiterated its “top pick” buy rating on Broadcom and raised its price […]

Posted in: Small Business
This Chinese E-Commerce Giant Had A Huge ‘11.11’ — And So Did Alibaba
By November 12, 2017 0 Comments Read More →

This Chinese E-Commerce Giant Had A Huge ‘11.11’ — And So Did Alibaba

Alibaba (BABA) racked up another huge take from its “11.11 Global Shopping Festival,” but JD.com (JD) also enjoyed a sales windfall. XAutoplay: On | OffAlibaba had a 24-hour take of $ 25.4 billion, up 39% vs. a year earlier. Alibaba created the 11.11 event as “Singles Day” back in 2009. But JD.com, reporting 11.11 figures […]

Posted in: Small Business
IAC Quarter Mixed: Match’s Tinder Shines, But Angi Costs Lower Profit
By November 9, 2017 0 Comments Read More →

IAC Quarter Mixed: Match’s Tinder Shines, But Angi Costs Lower Profit

IAC/Interactive Corp. (IAC) shareholders shrugged off a third-quarter earnings miss related to the purchase of Angie’s List, amid revenue growth at online dating service Match Group (MTCH).  Shares in the Barry Diller-controlled company were up a fraction to 132.06 in after-hours trading in the stock market today after initially slipping 2.3% after the company reported earnings […]

Posted in: Small Business
Here Are 5 Key Apple iPhone Chip Plays With One In Buy Range
By November 6, 2017 0 Comments Read More →

Here Are 5 Key Apple iPhone Chip Plays With One In Buy Range

With a bullish quarterly report and guidance from Apple (AAPL), your stocks to watch this week are five iPhone suppliers or related plays: Broadcom Limited (AVGO), Skyworks Solutions (SWKS), Texas Instruments (TXN), Applied Materials (AMAT), Qorvo (QRVO) and Qualcomm (QCOM). XAutoplay: On | Off Apple Apple cleared a cup-with-handle buy point of 160.97 on Oct. 27, […]

Posted in: Small Business
Starbucks Cuts Long-Term Targets But Sounds Bullish On China, Digital
By November 3, 2017 0 Comments Read More →

Starbucks Cuts Long-Term Targets But Sounds Bullish On China, Digital

Starbucks (SBUX) announced late Thursday that it is selling off its Tazo tea brand — including all of Tazo’s recipes, intellectual property and inventory — to consumer goods giant Unilever (UL) for $ 384 million, as it focuses on its Teavana property. Separately, the coffee-shop giant cut its long-term financial goals and missed revenue and same-store sales […]

Posted in: Small Business
Apple Shows Long Delivery Delays For iPhone X Preorders
By October 28, 2017 0 Comments Read More →

Apple Shows Long Delivery Delays For iPhone X Preorders

Apple (AAPL) began taking online preorders for its flagship iPhone X smartphone at 3 a.m. ET on Friday and expected delivery dates quickly got pushed back to five to six weeks, confirming reports of short supply for the 11th-generation iPhone. XAutoplay: On | OffAfter lackluster sales of Apple’s other new smartphones this year, the iPhone […]

Posted in: Small Business
Freeport-McMoRan Earnings Beat, But Stock Reverses
By October 25, 2017 0 Comments Read More →

Freeport-McMoRan Earnings Beat, But Stock Reverses

Freeport-McMoRan (FCX) topped third-quarter expectations early Wednesday thanks to higher copper prices, but the Arizona-based mining giant’s outlook is clouded by Indonesia’s moves to exert control over its massive Grasberg mine. XAutoplay: On | Off Estimates: EPS up 138% to 31 cents on 5.1% revenue growth to $ 4.08 billion, according to Zacks Investment Research. Results: […]

Posted in: Small Business
Boeing Q3 Revenue To Rebound But C Series Deal, ‘797’ In Focus
By October 22, 2017 0 Comments Read More →

Boeing Q3 Revenue To Rebound But C Series Deal, ‘797’ In Focus

Boeing (BA) could give an update on a possible midmarket plane and offer more reaction to Bombardier’s (BDRBF) C Series deal with Airbus (EADSY) after the U.S. aerospace giant reports quarterly results Wednesday. XAutoplay: On | OffAnalysts expect earnings to fall 24% to $ 2.66 per share but revenue is seen rising 3.4% to $ 24.1 billion […]

Posted in: Small Business
Disastrous United Airlines Earnings Call Triggers Broad Selling In Group
By October 19, 2017 0 Comments Read More →

Disastrous United Airlines Earnings Call Triggers Broad Selling In Group

Analysts spent much of United Airlines‘ (UAL) third-quarter earnings call Thursday morning asking about the carrier’s plans to shore up profit, costs, capacity and margins in 2018 and beyond. And much of the time United executives on those fronts were unable to provide specifics. That sent United Air’s stock crashing, amid doubts about the carrier’s […]

Posted in: Small Business
Netflix Beats On Third-Quarter Sales, Misses On Earnings
By October 16, 2017 0 Comments Read More →

Netflix Beats On Third-Quarter Sales, Misses On Earnings

Internet television network Netflix (NFLX) late Monday reported earnings per share of 29 cents on revenue of $ 2.99 billion in the third quarter, compared with 12 cents and $ 2.29 billion in the year-earlier period. Analysts expected Netflix to earn 32 cents a share on sales of $ 2.97 billion in the September quarter. Netflix […]

Posted in: Small Business