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| May 26, 2019

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earnings Archives -

Jobs report and company earnings push stocks broadly higher

May 3, 2019 |

A solid jobs report and company earnings spurred U.S. stocks broadly higher Friday, driving the Standard & Poor’s 500 index to its second weekly gain in a row.

The Nasdaq composite hit an all-time high for the second time this week. The benchmark S&P 500 index closed less than 0.1% below the record…


L.A. Times – Business

Stocks end listless day of trading ahead of major earnings reports

April 11, 2019 |

The major U.S. stock indexes closed unevenly Thursday after an early rally gave way to a mostly sideways day of trading on Wall Street.

Losses in healthcare stocks mostly offset gains in industrial companies, banks and elsewhere in the market. Insurers UnitedHealth Group and Anthem led the sector’s…


L.A. Times – Business

Students pay for this tech school with a share of their earnings. Could it be the future of college finance?

April 5, 2019 |

Is it possible to equitize human labor? For years people have talked about the idea of selling shares in one’s own talent, in the hope of attracting funds and assistance from others. Now it seems that this idea is happening at scale, through the Lambda School.

The Silicon Valley based Lambda School


L.A. Times – Business

Stocks climb, lifted by rising bond yields and company earnings

March 29, 2019 |

Stocks finished broadly higher on Wall Street on Thursday as bond yields rose, easing concerns about a troubling drop in long-term yields over the last week.

Gains by financial, technology and industrial stocks outweighed losses by utilities and communications companies. Smaller-company stocks…


L.A. Times – Business

Stitch Fix stock surges on strong quarterly earnings report

March 12, 2019 |

Stitch Fix Inc., the apparel company that uses software to predict what customers want, surged after posting earnings results that beat estimates and issuing a better-than-expected sales forecast for the current quarter.

The stock jumped as much as 25% in after-hours trading after Stitch Fix reported…


L.A. Times – Business

Kraft Heinz Discloses SEC Probe, Misses Earnings Forecasts

February 22, 2019 |

Kraft Heinz on Thursday wrote down the value of its Kraft and Oscar Mayer brands by $ 15.4 billion, disclosed an investigation by federal securities regulators and slashed its dividend, sending its shares plunging after hours.
WSJ.com: US Business

Stock indexes edge up, and Walmart jumps after posting strong earnings

February 20, 2019 |

Stocks shook off an early wobble on Wall Street on Tuesday, finishing modestly higher and extending the market’s gains into a fourth week.

Solid earnings from Walmart encouraged investors to bid up other retailers and consumer goods companies. Communication services firms, banks and home builders…


L.A. Times – Business

Stocks slump as economic and earnings worries rise

February 11, 2019 |

Renewed pessimism about the strength of the global economy and corporate profits this year led to sharp losses Thursday on Wall Street.

Technology companies, healthcare stocks and banks accounted for much of the selling. Twitter slumped almost 10% after issuing a weak forecast. Traders sought safety…


L.A. Times – Business