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Stocks waver in noon trading after mixed earnings reports
2015-04-14 20:29:39| Biotech - Topix.net
U.S. stocks were moving between small gains and losses in noon trading Tuesday as investors reacted to mixed corporate earnings. JPMorgan Chase rose after reporting first-quarter results that beat expectations.
Tags: reports
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mixed
stocks
CSX Set a New High in November, then Derailed. Next Stop -- Earnings
2015-04-14 20:14:48| Railroads - Topix.net
NEW YORK -- The Dow Jones Transportation Average gained 24% in 2014, but it's down 4.7% so far in 2015, and shares of one component, railroad company CSX Corp , have slid by 8.7% year-to-date. CSX hit its all-time intraday high of $37.99 on Nov. 26, 2014, and its technical setup has the stock below its 200-day simple moving average with a negative weekly chart.
Ethan Allen says measures to overhaul its stores to weigh on earnings
2015-04-14 17:08:10| Furniture - Topix.net
"As we have discussed, these initiatives are very important for the long-term, but there will be some disruption in the short-term due to continued sell off of floor samples, implementing new product through our manufacturing and increasing our operating expenses," Chief Executive Farooq Kathwari said in a statement. The company is expecting third-quarter EPS of 18 cents, below the FactSet consensus of 22 cents.
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stores
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Wall St. ends down as earnings worries deepen
2015-04-13 23:49:03| Chemicals - Topix.net
U.S. stocks dipped on Monday as fears increased that the strong dollar and lower oil prices will hurt U.S. first-quarter earnings. REUTERS: U.S. stocks dipped on Monday as fears increased that the strong dollar and lower oil prices will hurt U.S. first-quarter earnings.
Tags: wall
ends
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Wall Street falls overnight, as earnings news looms
2015-04-13 23:03:47| Biotech - Topix.net
Specialist Michael Pistillo, left, and trader Justin Flinn work on the floor of the New York Stock Exchange. File Photo / AP In late afternoon trading in New York, the Dow Jones Industrial Average fell 0.15 per cent, the Standard & Poor's 500 Index slid 0.28 per cent, while the Nasdaq Composite Index inched 0.06 per cent lower.
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