Sony and Yum Brands are big market movers – Yahoo News
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Send Thanks! A link has been sent. Done Stocks Pare Losses After Fed Statement By Jeremy Glaser 2 hours ago 0 shares Done U.S. Market Stocks pared early losses today after upbeat economic data and no signs that the Fed was going to raise rates sooner than expected. As expected, the Fed announced today that it is keeping key rates in place and is trimming another $10 billion from its bond-buying program.
Stocks Pare Losses After Fed Statement – Yahoo Finance
A link has been sent. Done Sony and Yum Brands are big market movers Sony, Yum Brands, 3D Systems, eHealth, and World Wresting Entertainment are big market movers 1 hour ago Content preferences Done NEW YORK (AP) — Stocks that moved substantially or traded heavily Thursday on the New York Stock Exchange and the Nasdaq Stock Market: NYSE 3D Systems Corp., down $5.94 to $50.13 The three-dimensional printing company reported a drop in quarterly profit and the results fell short of Wall Street expectations. Yum Brands Inc., down $3.60 to $69.40 The owner of fast-food chains, including KFC, said a food-safety scandal in China has hurt sales and could cut into global profit. Sony Corp., up 90 cents to $18.43 The electronics company reported a surprise jump in quarterly profit that beat Wall Street forecasts of a loss during the period. World Wrestling Entertainment Inc., up 39 cents to $12.48 The entertainment company reported better-than-expected quarterly results and said it would cut staffing levels by 7 percent.
Stocks edge higher after Fed delivers no surprises – Yahoo News
TWEET, TWEET: Stronger revenue from Twitter sent the company’s stock up 21 percent in early trading. The social-networking company reported a quarterly loss late Tuesday but its revenue more than doubled over the year, thanks to new advertising tools and a surge in traffic from soccer fans following the World Cup. Twitter’s stock surged $8.35 to $46.93. LAYOFFS AND PROFITS: Amgen said Tuesday that it plans to lay off up to 15 percent of its worldwide workforce and close four sites, even as it reported second-quarter results that trounced Wall Street expectations.
Stocks Show Substantial Move To The Downside In Early Trading – U.S. Commentary – NASDAQ.com
Disappointing U.S. economic data may also be weighing on the markets, with a report from the Labor Department showing that initial jobless claims saw a notable rebound in the week ended July 26th. The report said initial jobless claims climbed to 302,000, an increase of 23,000 from the previous week’s revised level of 279,000. Economists had expected jobless claims to rise to 301,000.