With a bevy of tech leaders set to report December-quarter earnings, Wall Street’s outlook is more cautious than it was three months ago. Concerns about weakness in China and Europe and the strong dollar are among reasons 20 of the 64 tech companies in the S&P 500 have issued negative guidance for the quarter, meaning their outlook lags analyst consensus. Just four have positive views, while the others don’t give guidance. “Tech companies have
Now that Sprint and T-Mobile US have pre-announced Q4 wireless subscriber gains, the next question is whether fourth-quarter telecom earnings will mark the denouement of the industry’s price war. Worries over an escalating price war pummeled the stocks of AT&T (T), Verizon Communications (VZ), Sprint (S) and T-Mobile (TMUS) last quarter. When the companies report full Q4 financial results, the damage that promotional battles inflicted on profit
Can broadcaster CBS come up with a ratings encore to match its enviable 2014? For example, CBS (CBS) swept the week before Christmas in terms of all viewers, adults between the ages of 18 and 49. and adults 24 to 54, with double-digit percentage year-to-year growth in every one of these crucial categories, according to Nielsen. New York-based CBS had 15 of the 20 leading shows in viewers and adults 25-54, as well as 14 of the top 20 for adults