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Monumental Earnings Week Begins on Tuesday
Tuesday, July 28, 2020 - 11:55am | 635In light of the pandemic, S&P 500 earnings are expected to drop by 40% this quarter, the worst quarterly profit decline since 2008. Despite the poor expectations, the following few companies reporting this week tend to beat Wall Street's expectations. Pre-Earnings Recap...
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BlackRock, France, Germany Govts. Seek $500M Investment For Their Joint Climate Fund
Wednesday, January 22, 2020 - 6:50am | 404The Climate Finance Partnership (CFP) organization is seeking to raise $500 million as initial funding for its environment protection fund. BlackRock Takes Charge The CFP was announced at the One Planet Summit in September 2018. Leading partner BlackRock Inc. (NYSE: BLK) said the vehicle will...
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HP Is Playing Hard To Get, But Its Rejection Could Lead To Proxy Wars
Monday, November 25, 2019 - 11:00am | 851HP Inc (NYSE: HPQ) rejected Xerox Holding Corporation's (NYSE: XRX)'s $33.5 billion cash-and-stock offer. But this wasn't a simple second no to the bid but they went ahead to explain their sentiment of "feeling insulted." HP's board of directors found that this...
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After A 'Breakthrough' Quarter, Did HP Just Become A Growth Company?
Thursday, May 25, 2017 - 3:54pm | 400After the 2015 split of HP Inc (NYSE: HPQ) and Hewlett Packard Enterprise Co (NYSE: HPE), HP is now “the faster growing sibling,” according to UBS. The company posted its first simultaneous growth in the PC and printer sectors since the second quarter of 2010, UBS analyst Steven...
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Markets Begin The Week On A Losing Note Ahead Of Earnings Kick-Off, Fed Minutes
Monday, October 6, 2014 - 4:45pm | 1927U.S. stocks traded lower on Monday ahead of earnings season, which unofficially begins on Wednesday. The Federal Reserve will also release its minutes from its recent meeting on the same day. Major indices were trading in positive territory on Monday with the Dow up as much as 89 points before...