Check out the companies making headlines after the bell: Texas Instruments shares fell more than 5 percent during after-hours trading Tuesday as the company missed analysts’ estimates on revenue in its third quarter and announced weak fourth quarter guidance. The technology company reported $4.26 billion in revenue, missing analysts’ estimates of $4.3 billion. However, the
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Shares of Caterpillar dropped 5 percent even after it reported record third-quarter profit as well as revenue that beat analysts’ expectations on Tuesday. Investors were focusing instead on its disappointing 2018 guidance and management’s comments about rising costs from tariffs. Here’s how the company did compared to what Wall Street expected: Earnings: $2.86 per share
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Check out the companies making headlines before the bell: United Technologies – The industrial conglomerate earned an adjusted $1.93 per share for the third quarter, 12 cents a share above forecasts. Revenue also beat forecasts, and the company raised its full-year earnings forecast. United Technologies is being helped by increased sales of aircraft parts as
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Today we’re offering up some bear fodder. Of course, finding stocks to short these days isn’t exactly challenging. What with the recent carnage and all. Throw a dart, and you’re bound to hit something that has shattered support and is now trending lower. But the discriminating bear doesn’t just want a weak stock. They’re also
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Since the collapse of the financial markets in 2008, one of the best places to have parked your money was in equities. Particularly, growth stocks have proven as wise and lucrative investments. However, every rally experiences a correction at some point, which we’ve seen earlier this month. Knowing when to sell stocks is a tricky
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3M (NYSE:MMM) announces third-quarter 2018 earnings Tuesday before the markets open, and the consensus is that the industrial conglomerate will provide negative guidance for the fourth quarter, sending 3M stock further into negative territory in 2018. Down 15.1% year to date through Oct. 19 and 9.8% over the past year, a negative earnings report is
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Is anyone else noticing Disney’s (NYSE:DIS) timely breakout to new all-time highs? Despite the market’s struggles so far this month, Disney stock is up about 2%. However it’s the move over multi-year resistance that’s getting investors’ attention. After outbidding Comcast (NASDAQ:CMCSA) for most of the assets from Twenty-First Century Fox Inc (NASDAQ:FOX, NASDAQ:FOXA), Disney is
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Nomura Instinet upgraded Intel shares to buy from neutral, saying Monday the company is the only chip stock which will raise estimates in October and November. “We believe that Intel will remain supply constrained until the ramp [in production] of 10nm,” Nomura’s Romit Shah said in a note. Intel is working to mass produce its
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Check out the companies making headlines before the bell: Kimberly-Clark – The consumer products company named President and Chief Operating Officer Michael Hsu as its new CEO, effective in January. He’ll replace Thomas Falk, who had been CEO since 2002 and will become Executive Chairman. Separately, company reported adjusted quarterly profit of $1.71 per share,
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If tech stocks were a house, that house is burning right now. Across the board, once-loved tech stocks are dropping like flies. Facebook (NASDAQ:FB), Amazon (NASDAQ:AMZN), Netflix (NASDAQ:NFLX), Nvidia (NASDAQ:NVDA), and Google (NASDAQ:GOOG) are all in correction territory (10% or more off recent highs). Meanwhile, mid-cap-high-flyers like Shopify (NYSE:SHOP), Square (NYSE:SQ), Trade Desk (NASDAQ:TTD), Roku
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