Month: April 2019

Check out the companies making headlines midday Tuesday: Alphabet — Shares of Alphabet tanked more than 8%, on track for its worst day since Dec. 1, 2008, after the Google parent posted weaker-than-expected quarterly results. The company posted revenue of $36.34 billion in the first quarter, versus $37.33 billion expected per Refinitiv. The revenue was
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Barry Sternlicht Cameron Costa | CNBC Questions raised by progressives in the 2020 presidential race about whether capitalism still works for America reflect mistaken beliefs about how prosperity is created, global investor Barry Sternlicht told CNBC on Tuesday. “The left does not understand that companies need to make money in order to invest in new
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Better-than-expected quarterly earnings and revenue at embattled General Electric reflect incremental progress being made by the new CEO, GE board member Ed Garden told CNBC on Tuesday. “But nobody at GE is doing a victory lap,” stressed Garden, chief investment officer and founding partner at Trian Fund Management. “While we’re confident on the path that
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The Las Vegas market leads Trulia’s list Getty A recent Trulia study reports shifting markets in some areas where it’s becoming a buyer’s market. That long-awaited and long overdue shift is finally becoming a reality. You can tell a buyer’s market when homes take longer to sell, with increasing price cuts resulting in a larger percentage of homes
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The silhouettes of attendees are seen at the Google booth during the 2018 Consumer Electronics Show (CES) in Las Vegas, Jan. 11, 2018. David Paul Morris | Bloomberg | Getty Images Alphabet, the parent company of Google, is set to report first-quarter earnings after the bell on Monday. Company executives will discuss the results with
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President Donald Trump gestures as he addresses the 148th National Rifle Association (NRA) annual meeting in Indianapolis, Indiana, April 26, 2019. Lucas Jackson | Reuters U.S. President Donald Trump, three of his children and the Trump Organization sued Deutsche Bank and Capital One, in a bid to block the two from responding to congressional subpoenas,
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Restaurant Brand International restaurants’ Tim Hortons and Popeyes. Randy Risling | Toronto Star | Getty Images Restaurant Brands International on Monday reported quarterly earnings that fell short of analysts’ expectations. Here’s what the company reported compared with what Wall Street was expecting, based on a survey of analysts by Refinitiv: Earnings per share: 55 cents,
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