Tag Archives: Earnings

Disney and Chill

Disney’s earnings this quarter missed expectations and were down 1% YoY. Revenue also declined 3%, with 3 of Disney’s 4 segments diminishing excluding parks and resorts. Nevertheless, Disney’s share price is up 7% this week. The reason is due to … Continue reading

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Snapping Dreams

Snapchat recently announced disappointing earnings again this season. Snap’s share price is trading at about 46% of its 52-week high. The company’s business model gyrates around airing advertisements which will net more revenue only if the company sees further user … Continue reading

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Dow Closes Above 23,000 for First Time

The Dow Jones Industrial Average closed above 23,000 for the first time as this year’s stock-market rally continues. The bull market continues strong for its ninth year now as the Dow sets another closing record for the year, up 17% … Continue reading

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HP sales rose after a prolonged slump

HP Inc. reported a 4% increase in revenue in the quarter that ended Jan. 31, with notebook PCs jumping 16% and its line of gaming products OMEN gaining traction. HP is widely known for producing high-quality PCs and printing materials, … Continue reading

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Facebook Shares Fall on Guidance, Higher Costs

Facebook reported quarterly earnings last Tuesday that beat analysts’ expectations. Revenue from advertising came in at $2.96 billion, up 64 per cent from a year ago. Total revenue for the quarter was $3.2 billion with earnings per share of 43 … Continue reading

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Procter & Gamble to Spin Off Duracell

In their quarterly earnings announcement last Friday, Procter & Gamble (P&G) announced that they would be spinning off Duracell into its own company, their first step in trimming their 200 or so brands down to about 100. The consumer goods … Continue reading

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