-
Exxon Mobile Elects Angela Braly To Its Board
Wednesday, May 25, 2016 - 3:00pmExxon Mobil Corporation (NYSE: XOM) revealed that its shareholders elected Angela Braly to its board. According to the company, Braly is the former chairman, president and CEO of health insurance company WellPoint, which is now called as Anthem. The oil company said that with the election of Braly...
Read More >> -
QE Finally Ends
Wednesday, October 29, 2014 - 4:56pmU.S. stocks were marginally lower as traders and investors begin debating the effects of the markets in an uncertain post Quantitative Easing era. The FOMC has officially tapered the remaining $15 billion of its monthly asset purchases, thus ending the era of quantitative easing for the time...
Read More >> -
Markets Higher In Another Quiet Session Ahead Of Expiration Of Ceasefire Between Israel And Hamas
Wednesday, August 13, 2014 - 4:43pmU.S. stocks rose for the third time in four days bringing the Dow back into positive territory for the year. Investors appeared to brush up poor retail sales from Macy's while focusing on business inventories that rose in June. On the international front, Ukraine said it would not allow...
Read More >> -
Market Wrap For April 30: Markets Positive Despite Fed Tapering and GDP Rising Less Than Expected
Wednesday, April 30, 2014 - 4:35pmU.S. stocks rose as investors cheered the latest move by the Federal Reserve who stacked on another $10 billion to its tapering effort. By doing so, the central bank has lowered its asset purchases to $45 billion per month. “Information received since the Federal Open Market Committee met in...
Read More >> -
Earnings Expectations For The Week Of April 28: Big Oil, Big Pharma And More
Sunday, April 27, 2014 - 11:58amThe earnings crunch continues this week. Among the highlights will be scheduled quarterly reports from Exxon Mobil and Chevron, from Bristol-Myers Squibb and Merck, from Time Warner and Viacom, and also from Twitter. Early Thursday, Exxon Mobil (NYSE: XOM) is expected to say that it had earnings...
Read More >> -
Market Wrap For March 21: Markets End Friday On A Negative Note, But Still Positive For The Week
Friday, March 21, 2014 - 4:38pmU.S. stocks slipped to negative territory aided in part by Friday being a quadruple witching trading session. Major indices sold off in the afternoon as investors likely took some chips off the table going in to an uncertain weekend with the situation in Ukraine far from resolved. The S&P...
Read More >> -
Earnings Expectations For The Week Of January 27: Facebook, Google, Apple And More
Monday, January 27, 2014 - 7:56amThe earnings crunch is on this week. Highlights will include reports from Amazon.com, Apple, Boeing, Comcast, Facebook, Google and Yahoo! All of them are expected to report year-over-year growth in per-share earnings. But analysts are looking for declining profits from the likes of Caterpillar,...
Read More >> -
Earnings Expectations For The Week Of October 21: The Crunch Is On
Sunday, October 20, 2013 - 12:33pmLots of quarterly reports are on deck this week, to go along with all the delayed economic data expected to be released. Analysts and investors should have plenty to mull over. Earnings highlights will include reports from AT&T, McDonald's, Microsoft and Netflix, which are all expected to post...
Read More >> -
IBM Wants to 'Watsonize' the World (IBM)
Friday, October 4, 2013 - 1:22pmImagine a supercomputer so powerful it could absorb millions of bits of data including complete patient records, drug interactions, and past results. Imagine this machine, which understands natural language, could then generate hypotheses based on the data it had assimilated and that in fractions...
Read More >> -
Barron's Recap (3/30/13): Michael Dell's Folly
Sunday, March 31, 2013 - 2:17pmThis weekend in Barron's online: the drama over a buyout for Dell, beneficial share buybacks, outraged Russian investors, and the prospects for Eaton, STMicroelectronics and Ruby Tuesday. Cover Story "Michael Dell's Folly" by Andrew Bary. Now that Blackstone Group (NYSE: BX) and activist...
Read More >>