Giant. Plus, courtroom grilling the Trump Administration defending its use of executive power and the travel ban before a federal Appeals Court. Social medias in focus. Facebook and twitter getting some upgrades ahead of earnings tomorrow. First up though, a bunch of earnings to get to, time warner a beat on both the top and bottom line. Alaska air also beating the street announcing an increase in the Quarterly Dividend ahead of the meeting with airline ceos at the white house tomorrow. Big report focused on is disney, revenue falls short of consensus, rising costs as we said, declining viewership at espn weighing on the results. Here is bob iger last night talking to our Julia Boorstin. I think theres way too much pessimism about espn because espn is still in demand from three constituents you want to be in demand the most from, one, distributors, two, consumers, and three, advertisers. And the reason its in demand is the brand is still strong, the product is still good. Weve invested
Pounds under pressure although german Business Sentiment did hit a tenyear high. The samsung saga getting worse. Galaxy note 7 smartphones permanently discontinued. How are the other players like apple being impacted . Well have the latest from twitter. Well give you the latest on the continued talks with salesforce. Alcoa shares falling this morning. Coming up we dig into that report and talk to Klaus Kleinfeld in a cnbc exclusive. First up, samsung has permanently halted production of its troubled galaxy note 7 smartphone. The recall could cost as much as 17 billion. Apple is poised to open at its highest level since december of last year. The stock is up 21 in the past three months. Were now on to a cycle where the replacement phones are catching fire. The company says if you have them, turn them off and were simply not going to make them anymore. I believe the company told people in china that it was the batteries that were the issue. They tried to make a little difference about th
Symmetry Investments LP trimmed its position in shares of Alcoa Co. (NYSE:AA – Free Report) by 74.6% during the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 45,300 shares of the industrial products company’s stock after selling 133,292 shares during the quarter. Symmetry Investments LP’s […]
/PRNewswire/ The global high purity alumina market size is estimated to grow by USD 6.82 billion from 2024-2028, according to Technavio. The market is.
Cloverfields Capital Group LP bought a new position in shares of Alcoa Co. (NYSE:AA – Free Report) in the 4th quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund bought 25,432 shares of the industrial products company’s stock, valued at approximately $865,000. Several other […]