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  • Netflix Shares Reverse on Tuesday
    Stock market »

    Netflix Shares Reverse on Tuesday

    October 23, 2013, 06:21 GMT

    Shares of Netflix, Inc. (NASDAQ:NFLX) , the famous video streaming service provider, traded sharply to the downside on Tuesday following the company’s third quarter results on Monday. In the report following the market close on Monday, the company reported its net income rose by more than 300 percent while its membership base grew by 40

  • Honeywell Reports In Line Q3 Earnings
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    Honeywell Reports In Line Q3 Earnings

    October 22, 2013, 06:55 GMT

    Shares of Honeywell International Inc. (NYSE:HON) traded to the downside on Monday morning following a flat third quarter result. Honeywell, which makes everything from airplane cockpit parts, to industrial equipment, and a host of other electronics and equipment, reported a 4 percent increase in quarterly profit on Friday. These small gains came largely in line

  • US stocks tread water on mixed earnings reports

    Stocks on the American exchange tread water as third quarter earnings continued to make headlines. Homebuilders declined as a group after previously-owned home sales fell off their multiyear highs, according to a monthly report from the National Association of Realtors. Previously-owned house sales fell for the first time in three months, narrowly missing economists’ median

  • US stocks rise as earnings beat estimates

    Strong earnings reports from Google (NASDAQ:GOOG) and General Electric (NYSE:GE) helped lift US stocks, which continued their upward momentum. Stocks were also supported after China’s economic growth accelerated at its fastest pace this year, according to quarterly GDP data from the National Bureau of Statistics. Google soared 13.8 percent to surpass $1,000 a share for

  • Google Rockets Higher on Q3 Results
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    Google Rockets Higher on Q3 Results

    October 19, 2013, 15:08 GMT

    Shares of Google (NASDAQ:GOOG) were sent soaring to the upside on Friday morning following a spectacular third quarter report after the market close on Thursday. Google shares, which are up by more than 25% percent already this year, rose more than 12 percent early in the session on Friday. Net income rose 36 percent to

  • Revenues Jump 50% at Morgan Stanley
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    Revenues Jump 50% at Morgan Stanley

    October 19, 2013, 14:17 GMT

    Shares of Morgan Stanley (NYSE:MS) traded to the upside on Friday morning following strong third quarter results before the market open on Friday. Third-quarter revenue jumped 50 percent, as a result, adjusted earnings beat expectations. Higher income from equities sales and trading made up for a drop in the the company’s Wall Street bank and

  • Technology Shares Soar After Google’s Blowout Earnings

    Stocks in the US started the trading session on a strong note, but the Dow Industrials continue to be weighed down by IBM (NYSE:IBM) and Microsoft (NASDAQ:MSFT) . The Nasdaq received a boost out of the gates after Google (NASDAQ:GOOG) notched up strong earnings pushing the search giant above $1,000 per share for the first time

  • Earnings Take Center Stage after Deal is consummated

    Stocks in the US started the session on the defensive as market participants bought the rumor of a deal and sold the fact. On Thursday, the Senate pushed through a bill that would allow the government to reopen and averted a default by the US treasury by raising the debt ceiling. Earnings continued to flow

  • S&P 500 sets new record as Fed speculation deepens

    The Standard & Poor’s 500 set a new record high one day after bipartisan Senate leaders reached an accord to end the budget impasse and raise the debt ceiling. Speculation is growing the Federal Reserve will maintain the pace of its monthly asset purchases after the 16-day impasse resulted in the loss of $24 billion

  • Goldman Shares Slide on Q3 Results
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    Goldman Shares Slide on Q3 Results

    October 18, 2013, 08:17 GMT

    Shares of Goldman Sachs (NYSE:GS) traded sharply to the downside on Thursday morning following a sluggish third quarter earnings report. The infamous investment bank posted $1.52 billion in net income, or $2.88 a share, compared to $1.51 billion, or $2.85, in the third quarter last year. Goldman’s results beat the $2.43-per-share earnings expected by analysts