“Mad Money” host Jim Cramer on why the Treasury’s new rules don’t worry him over Allergan.» Read More
*Disney, Viacom lead media selloff. Viacom fell 14.22 percent to its lowest in almost four years after reporting lower-than-expected quarterly revenue due to weakness in its cable TV business. The S&P 500 media index lost 2.12 percent and notched its biggest two-day fall since November 2008, with Time Warner, Comcast and CBS all in the red and Twenty-First...
U.S. stocks closed lower, with the Nasdaq off 1.6 percent, as investors weighed declines in oil and disappointing earnings ahead of the jobs report.
*Disney, Viacom lead media selloff. Viacom fell as much as 23.6 percent to its lowest in almost four years after reporting lower-than-expected quarterly revenue due to weakness in its cable TV business. The S&P 500 media index was down 2.85 percent, recording it's biggest two-day fall since November 2008, with Time Warner, Comcast and CBS all in the red and...
*Disney, Viacom lead media selloff. Disney lowered profit guidance for its cable networks unit on Tuesday, while Viacom Inc reported lower-than-expected quarterly revenue due to weakness in its cable TV business. Viacom fell 23.6 percent to $39.28, their lowest in almost four years.
Wall Street gave up on Keurig Green Mountain with many analysts slashing price targets nearly in half as the company reported disappointing results.
*Disney, Viacom lead media selloff. Viacom fell 22 percent to $39.57, their lowest in almost four years. Twenty-First Century Fox fell 12.3 percent, while Time Warner, Comcast and CBS were all in the red.
*Michael Kors jumps after results best expectations. Aug 6- Wall Street fell on Thursday morning as investors traded on earnings, with Walt Disney's warning on its cable business continuing to haunt media stocks. Time Warner, Discovery Communications and CBS were all in the red.
*Mondelez rises after Ackman buys $5.5 bln stake in co. *Michael Kors jumps after results best expectations. *Fitbit, Tesla fall after results.
Keurig Green Mountain expects to reduce its workforce by about 5 percent as the company grapples with declining sales of its brewers and coffee pods.
Some of the names on the move ahead of the open.
*The S&P 500 and the Nasdaq composite rose on Wednesday following three days of losses as tech shares advanced, while the blue-chip Dow index ticked lower, weighed by Walt Disney's largest daily drop in almost seven years. *Marathon Oil, Monster Beverage and Zynga are among the companies scheduled to report after the close of market. *Mondelez International...
Check out the companies making headlines after the bell Wednesday: Fitbit, Zulily, Herbalife & more.
Aug 5- Keurig Green Mountain Inc said on Wednesday that it expects to reduce its workforce by about 5.0 percent as the company grapples with declining sales of its brewers and single-serve coffee pods. The reductions are part of a plan to cut $300 million in costs over the next three years with roughly $100 million in savings in fiscal 2016, Keurig said in a...
Aug 5- Keurig Green Mountain Inc, the maker of K-Cup single-serve coffee pods, reported a 27 percent fall in quarterly profit as it grapples with slower-than-expected adoption of its new brewers. Net income attributable to Keurig fell to $113.6 million, or 73 cents a share, in the third quarter ended June 27 from $155.2 million, or 94 cents a share, a year earlier.
Americans like to eat, drink and ... buy organic. You can see those habits paying off—at least for some consumer staples stocks.
The ADP report is not seen as an exact preview for the jobs report but it can give directional hints, and the market watches it for any big surprises.
NEW YORK, Aug 3- For U.S. coffee shops, business usually cools down as the weather heats up. Others have jumped on board, including the nation's largest coffee chain, Starbucks, which launched cold brew at 2,800 stores this summer. "One day, there will be no regular iced coffee," Mai said, while pouring a nitrogen-infused cold brew made by Brooklyn- based Gillies Coffee...
The "Halftime Report" traders give their top trades of the show.
The "Fast Money" traders give their final trades of the day.
NEW YORK, July 24- A federal appeals court on Friday revived a shareholder lawsuit accusing Keurig Green Mountain Inc of misleading shareholders about its business prospects. The 2nd U.S. Circuit Court of Appeals in New York said a lower court judge erred in dismissing the lawsuit, which accused the company, once known as Green Mountain Coffee Roasters, of...