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KQED Nightly Business Report October 26, 2016 - Vimarsana News

KQED Nightly Business Report October 26, 2016

Reports its first decline in annual revenue and profit since 2001. The dow component said revenue fell for the third consecutive quarter, as iphone sales dropped from a year ago. But remember, despite the falloff in numbers, apple is still the most profitable american company. And it did issue a rosie outlook. For the latest quarter, apple earned 1. 67 a share, one cent better than estimates. Revenue fell 9 to more than 46 billion, just about in line with expectations. The stock popped, then dropped, in initial after hours trading. Josh lipton has more now on apples results. Reporter 45. 5 mil...

KQED Nightly Business Report October 26, 2016 - Vimarsana News

KQED Nightly Business Report October 26, 2016

Reports its first decline in annual revenue and profit since 2001. The dow component said revenue fell for the third consecutive quarter, as iphone sales dropped from a year ago. But remember, despite the falloff in numbers, apple is still the most profitable american company. And it did issue a rosie outlook. For the latest quarter, apple earned 1. 67 a share, one cent better than estimates. Revenue fell 9 to more than 46 billion, just about in line with expectations. The stock popped, then dropped, in initial after hours trading. Josh lipton has more now on apples results. Reporter 45. 5 mil...

KQED Nightly Business Report November 16, 2016 - Vimarsana News

KQED Nightly Business Report November 16, 2016

Technology sector rebounded. The blue chip dow index to 18,923. The nasdaq rose 57, and the s p 500 gained 16. Since the election, the best performing sector has been the financials. The rally in this group continue . Bob pisani takes a look. Reporter financials have been on fire since the election, but the rally is losing steam and with good reason. The Biggest Bank Stocks up almost 15 since the election. Morgan stanley, goldman sachs, all hit 52week highs. Its going to be tougher to get those gains from here. The s p Financial Sector trading almost 20 above its 200day moving average. That al...

KQED Nightly Business Report November 16, 2016 - Vimarsana News

KQED Nightly Business Report November 16, 2016

Technology sector rebounded. The blue chip dow index to 18,923. The nasdaq rose 57, and the s p 500 gained 16. Since the election, the best performing sector has been the financials. The rally in this group continue . Bob pisani takes a look. Reporter financials have been on fire since the election, but the rally is losing steam and with good reason. The Biggest Bank Stocks up almost 15 since the election. Morgan stanley, goldman sachs, all hit 52week highs. Its going to be tougher to get those gains from here. The s p Financial Sector trading almost 20 above its 200day moving average. That al...

KQED Nightly Business Report June 1, 2016 - Vimarsana News

KQED Nightly Business Report June 1, 2016

Is something that hasnt happened in about two years. For a while today, it looked like that monthly win streak was going to end at three. But by the close the blue chip index was off 86 points, down but enough still to be positive for the month. Nasdaq gained 14. The s p 500 fell 2. The big winner for the month of may was the nasdaq, up more than 3. 5 . And according to bob pisani, the action weve seen is indicative of a healthy market. Reporter sell in may and go away . Not really. It wasnt a spectacular month but it wasnt a washout either. What we did see was healthy rotation. For example, t...