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Estee Lauder Co. Inc. Beats Q4 Results

Estee Lauder Co. Inc. Beats Q4 Results

Estee Lauder Co. Inc. (NYSE: EL) reported its fourth quarter earnings and beat estimates, boosting shares to an all time high.The company reported net sales of $2.89 billion, compared to an estimate of $2.85 billion, a 9 increase year over. Net earn..

China Limiting Overseas Investments

China Limiting Overseas Investments

China is looking to curb domestic companies’ investments abroad in property, sports, entertainment, and other fields after many series of high profile, multi-billion dollar acquisitions by Chinese firms. Regulators are aiming to stop foreign a..

Gap shares rise after surpassing Q2 estimates

Gap shares rise after surpassing Q2 estimates

Shares of Gap Inc. (NYSE: GPS) rallied more than 6 percent in extended-hours trading after the retailer reported better than expected second quarter results and raised its full-year profit forecast on Thursday, Reuters reports.The company’s ne..

Federal Officials Okay with Stock Market Rise

Federal Officials Okay with Stock Market Rise

Officials of the Federal Reserve have noticed the stock market's inexorable rise. The same issue has been discussed during their July meeting. The conclusion? The rise was based on fundamentals, and thus perfectly safe.Officials of the Federal R..

U.S. Industrial Output Expected to Show Gains

U.S. Industrial Output Expected to Show Gains

Experts believe that the U.S. Industrial output numbers could give cause for celebration. The numbers are expected to show a gain. Preliminary numbers promise to make good these expectations.As far as industrial activity goes. the numbers have shown..

Cisco Systems Stock Down After Earnings

Cisco Systems Stock Down After Earnings

Cisco Systems, Inc. (NASDAQ: CSCO) announced Q4 and FY2017 results after the bell yesterday, culminating in a 4% drop in stock price today.The company met revenue expectations as well as estimates for earnings per share again, however it also report..

Wal-Mart Stores, Inc. Reported its Second Quarter, Shares Down

Wal-Mart Stores, Inc. Reported its Second Quarter, Shares Down

Wal-Mart Stores, Inc. (NYSE: WMT) reported its second quarter earnings for the 2018 fiscal year and beat estimates. Shares were down almost 3 percent during pre-market.Wal-Mart posted adjusted earnings of $1.08 compared to an estimate of $1.07 per s..