Might sales be disappointing, that is, somewhat less than stupendous? And in that event, could investors start to fret over Apple’s Jobs-less future?
Tech analysts and other experts are almost universally expecting the iPhone 5 to be a blockbuster.
Continued losses in the investment bank arena could lead to more restructuring and another round of job cuts to be unveiled in November.
Texas Instruments Inc. (NYSE: TXN) announced a 31 percent increase in quarterly dividend from $0.13 to $0.17, resulting in a dividend yield of 2.5 percent. Jefferies believes there is room for the dividend to go higher.
Investors obviously applauded the move, sending Morgan Stanley shares up 7.2 percent in Thursday’s trading.
JPMorgan Chase & Co. expects capital markets activity, both debt and equity, to decline by 30 percent and investment banking fees to decline to $1 billion in third quarter of 2011 from $1.9 billion last quarter.
The jobs cut is the single largest job reduction by a U.S. company this year, and the most since the U.S. Postal Service said last year it wanted to cut an additional 30,000 jobs.
On the day President Barack Obama sent his $447 billion jobs bill to Congress in a bid to solve America's unemployment problem, the Bank of America delivered an economic blow -- announcing plans to slash as many as 30,000 jobs.
Bank of America tried to grow at the peak of the U.S. financial disaster several years ago, acquiring Countrywide Mortgage and Merrill Lynch, the investment bank, but now the Charlotte, N.C.-based company is destined to shrink. The company disclosed plans on Monday to cut 30,000 jobs, as the nation's largest bank tries to cut costs as the U.S. economy continues in a slow-growth, high unemployment mode.
Despite the FDA advisory panel's backing, RBC Capital Markets does not believe Johnson & Johnson's (NYSE: JNJ) Xarelto is well positioned to receive marketing approval on Nov. 5.
AT&T, Inc.(NYSE:T), the second-largest wireless carrier in the U.S., faces an uphill battle as the Department of Justice's (DoJ) action and upcoming Federal Communications Commission (FCC) action suggests a philosophy of too much wireless M&A too soon.
For one professional commuting to Midtown Manhattan, the warm, crystal-clear blue sky summer day after a vacation dawned like any other, first-day back from vacation. Until 8:46 a.m. EDT.
In the event the Bank actually follows through with this huge elimination, it would represent one of the biggest job culls in recent corporate history.
Investors are likely skeptical about the efficacy of Obama’s jobs program and whether or not such a massive scheme would pass Congress.
Major global banks have been jettisoning workers en masse for the past few months – the brutal manifestation of a grim new economic landscape.
Nasdaq OMX has intensified its opposition to the planned tie-up of NYSE Euronext and Deutsche Boerse , saying the deal would irrevocably destroy competition in Europe's listed-derivatives market, the Wall Street Journal said.
Deutsche Boerse late on Thursday said shareholders in the Frankfurt-based exchange operator who had not yet tendered their stock as part of the NYSE Euronext deal, would not be forced to do so as part of a so-called squeeze-out.
Gold mining companies rose Thursday in U.S. trading along with the price of the yellow metal on increased purchases of bullion, an unexpectedly downbeat unemployment report and very little evidence that the domestic economy has much energy.
The bank’s chief executive Stuart Gulliver warned in August that HSBC will cut up to 30,000 jobs around the world by 2013.
Shares of Silvercorp Metals Inc. jumped Tuesday after the Canadian company that mines for silver in China launched a public relations campaign to vindicate its reputation.
A principal point of the dispute – the right of airline workers to unionized – remains unresolved.
Hewlett-Packard Co. (NYSE:HPQ), which recently decided to discontinue webOS devices including TouchPad, is splitting its webOS division into two, according to a Wall Street analyst.
