Tag Archives: bad-request

Apple, GoPro Stock Chart Analysis As Earnings Due

Hot consumer technology companies Apple (AAPL) and GoPro (GPRO) report quarterly earnings after the close, with much anticipation surrounding their results. Both are off session highs on the stock market today, but are at multimonth highs. Apple opened the session in positive territory, but quickly reversed to trade slightly lower in fast turnover. The stock is trading just 2% below its late April high, reached as it failed to break out of a flat

Yahoo Alibaba Spinoff Risk Weighed Before Q2 Earnings

Yahoo (YHOO) got a price target cut on Tuesday hours before its Q2 earnings release from Axiom Capital, which cited uncertainty associated with the Web portal’s planned tax-free spinoff of its 15% stake in China Internet giant Alibaba Group (BABA). That spinoff, first announced in February, is a high-profile must-do for Yahoo CEO Marissa Mayer, who is under pressure from investors to find strategies to return cash to shareholders. Reports began

Novartis’ Mixed Q2: Sandoz Booms, Alcon Struggles

Big Swiss pharma Novartis (NVS) early Tuesday reported a mixed Q2 and affirmed its guidance, and its shares fell. Novartis posted earnings of $1.27 a share, down 7% from the year-earlier quarter but up 7% on a constant-currency basis. That was 3 cents above analysts’ consensus, according to Thomson Reuters, though it missed both the Capital IQ and FactSet consensus estimates. Sales slid 5% to $12.7 billion, about $250 million above consensus. On a