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Archive US: Trading

  • *Asia ex- Japan, Nikkei set to post strong gains for the week. *Japan inflation, manufacturing output disappoint. MSCI's broadest index of Asia-Pacific shares outside Japan was up 0.1 percent, putting it on pace to end the week up 1.9 percent, which would be its best week in six.

  • DES MOINES, Iowa _ Principal Financial Group Inc. on Thursday reported first-quarter net income of $348.9 million. The average estimate of five analysts surveyed by Zacks Investment Research was for earnings of $1.17 per share. Principal Financial shares have climbed 13 percent since the beginning of the year, while the Standard& Poor's 500 index has...

  • AKRON, Ohio _ FirstEnergy Corp. on Thursday reported first-quarter net income of $205 million. FirstEnergy expects full-year earnings in the range of $2.70 to $3 per share. FirstEnergy shares have dropped 1.5 percent since the beginning of the year, while the Standard& Poor's 500 index has increased nearly 7 percent.

  • LOS ANGELES, April 27- Starbucks Corp reported quarterly sales that just missed Wall Street's expectations, hurt by a slight cooling in spending growth by customers in its core U.S. market, sending shares down 4.4 percent in extended trading on Thursday. Kevin Johnson, who this month succeeded Howard Schultz as chief executive officer, said the company is on...

  • KINGSPORT, Tenn. _ Eastman Chemical Co. on Thursday reported first-quarter net income of $278 million. The average estimate of seven analysts surveyed by Zacks Investment Research was for earnings of $1.74 per share. Eastman Chemical shares have increased roughly 9 percent since the beginning of the year, while the Standard& Poor's 500 index has climbed...

  • MILPITAS, Calif. _ KLA-Tencor Corp. on Thursday reported fiscal third-quarter net income of $253.6 million. The average estimate of six analysts surveyed by Zacks Investment Research was for earnings of $1.54 per share. KLA-Tencor shares have climbed 32 percent since the beginning of the year, while the Standard& Poor's 500 index has risen nearly 7 percent.

  • PHOENIX _ Republic Services Inc. on Thursday reported first-quarter earnings of $187.8 million. The average estimate of seven analysts surveyed by Zacks Investment Research was for earnings of 53 cents per share. Republic Services shares have climbed 11 percent since the beginning of the year, while the Standard& Poor's 500 index has risen almost 7 percent.

  • REDMOND, Wash.— Microsoft Corp. on Thursday reported fiscal third-quarter earnings of $4.8 billion. The average estimate of 15 analysts surveyed by Zacks Investment Research was for earnings of 69 cents per share. Microsoft shares have increased nearly 10 percent since the beginning of the year, while the Standard& Poor's 500 index has climbed nearly 7 percent.

  • NEW YORK, April 27- The Nasdaq Composite ended at a record high on Thursday, boosted by results-related gains in Comcast, PayPal and Intuit, while the S&P 500 and the Dow were little changed. Earnings were back in the spotlight, a day after the Trump administration unveiled its tax reform priorities without details on how the reform would be paid for, raising...

  • LOS ANGELES, April 27- Starbucks Corp reported quarterly profit that matched Wall Street's estimate on Thursday, but shares fell 3.4 percent in extended trading after spending growth by customers in its core U.S. market cooled. Net income attributed to Starbucks was $652.8 million, or 45 cents per share, for the second quarter, up from $575.1 million, or 39 cents...

  • LOS ANGELES, April 27- Starbucks Corp reported quarterly profit that matched Wall Street's estimate on Thursday, sending shares of the chain that often tops expectations down 2.9 percent to $59.50 in after-hours trade. Net income attributed to Starbucks was $652.8 million, or 45 cents per share, for the second quarter ended April 2, up from $575.1 million, or 39...

  • RESTON, Va. _ VeriSign Inc. on Thursday reported first-quarter profit of $116.4 million. The average estimate of four analysts surveyed by Zacks Investment Research was for earnings of 94 cents per share. VeriSign shares have climbed 16 percent since the beginning of the year, while the Standard& Poor's 500 index has increased almost 7 percent.

  • *Oil slumps as Libya restarts oilfields. NEW YORK, April 27- A gauge of world stock markets slipped on Thursday as a three-day rally stalled in the wake of a largely expected U.S. tax cut plan, while the euro weakened after comments from European Central Bank President Mario Draghi. "Most folks were expecting a build in earnings acceleration and that's what we've got,"...

  • 2017: An easy year to make money?

    Nearly every ETF is up this year, Nick Colas of Convergex points out. He discusses with Brian Sullivan.

  • David Rosenberg on the economic outlook

    Famed economist David Rosenberg of Gluskin Sheff discusses the U.S. economy, the Fed, bonds and equities with Brian Sullivan.

  • Jeremy Siegel makes the bull case for stocks

    Wharton professor of finance Jeremy Siegel discusses the next move for the markets with Brian Sullivan.

  • The U.S. bond market is signaling investors have scaled back their outlook for an inflation pickup as skepticism sets in about whether President Donald Trump will be able to deliver on pledges for major tax reform and an infrastructure spending binge. It really accelerated after the failure of healthcare reform, "said Steve Kang, Citi's interest rate...

  • Trader breaks down the weakness in crude

    Todd Gordon of TradingAnalysis.com breaks down the day's move in crude.

  • *Two key Libya oilfields restart, sources tell Reuters. *OPEC sec-gen's comments point to an extension of global cut. New York, April 27- Crude prices fell more than 1 percent on Thursday as the restart of two key oilfields in Libya pumped more crude into an already bloated market.

  • The airline's shares fell as much as 4.3 percent to $54.52 in morning trading on Thursday. However, the Dallas, Texas- based carrier expects unit revenue in the current quarter to rise 1-2 percent. "Unit revenue trend for Q2 is improving but it is slightly worse than elevated investor expectations, which have increased in recent weeks," Cowen& Co analyst Helane...