July 22, 2010 |
Amazon.com Inc., the largest Internet retailer, posted second-quarter profit that missed analysts' estimates as some consumers curbed online spending and falling European currencies may have eroded overseas sales. Net income rose to $207 million, or 45 cents a share, from $142 million, or 32 cents a share, a year ago, the Seattle-based company said today in a statement. Analysts surveyed by Bloomberg expected 54 cents, on average. Shares fell in extended trading. Amazon.com suffered as some consumers, concerned that the economy isn't rebounding as fast as economists predicted, curtailed online purchases.
October 19, 2012 |
Stocks opened lower Friday after disappointing earnings from corporate giants McDonald's, Microsoft and Google. The Dow Jones industrial average was down 93 points, or 0.7%, to 13,456 shortly after the opening bell. The broader Standard & Poor's 500 index was down 8 points, or 0.6%, to 1,449. The Nasdaq lost 25 points, or 0.8%, to 3,048. General Electric Co. reported a rise in quarterly profit in line with analysts' estimates, but revenues reportedly fell short of expectations.
July 23, 2010
General Electric delivered a shot of confidence to investors when it raised its dividend on Friday, pushing U.S. stocks higher and adding to optimism from another round of strong earnings. The Dow Jones industrial average was up 102.32 points, or 0.99 percent, at 10,424.62. The Standard & Poor's 500 Index was up 8.99 points, or 0.82 percent, at 1,102.66. The Nasdaq Composite Index was up 23.58 points, or 1.05 percent, at 2,269.47.
October 23, 2012 |
The Dow got shellacked Tuesday as a number of companies reported disappointing earnings. We took a look at the market action during today's KTLA-TV Channel 5 Consumer Confidential segment. We also looked at the growing number of U.S. workers who say they expect to remain on the job into their 80s, and the eerily accurate use of Halloween masks to determine the outcome of the presidential election.
July 3, 1997
How Michael Jordan Makes Money (From salary and endorsements) * 1. Earnings per day $178,000 * 2. Earnings while asleep $52,000 * 3. Earnings while at movies $18,550 * 4. Earnings while boiling an egg $618 * 5. Earnings while eating a meal $5,000 * 6. Earnings while playing golf $33,390 Source: Pro Basketball Hall of Fame