Over 80% Of 2017 IPOs Had "Negative" Earnings - Most Since Dot-Com Peak

Barrett Asset Management's Amy Kong says the negative outlook for earnings growth will likely drive the S&P 500 down another 5% to 10%, dragging it into a bear market......»»

Adobe Inc. (NASDAQ: ADBE) survived the market sell-off last week. And it did it relatively well. As most of the tech sector, its stock has fallen from its peak price and now it looks it has even started to rebound. read more.....»»

Due to the coronavirus outbreak, a slew of companies are making negative earnings revisions and the carnage isn't limited to withdrawn guidance by some big name technology companies. read more.....»»

Due to the coronavirus outbreak, a slew of companies are maki.....»»

Goldman Sachs slashed its outlook for S&P 500 corporate earnings in 2020, and now expects "no earnings growth" this year, as fears over the potential negative impacts of the coronaviru.....»»

S&P Global Ratings put its BB issu.....»»

See the rest of the story here. Theflyonthewall.com provides the latest financial news as it breaks. Known as a leader in market intelligence, The Fl.....»»

Alibaba Group Holding (NYSE: BABA) earnings for the period ended Dec. 31. have topped expectations but coronavirus is having a ‘negative impact' on the business with packages not getting delivered on time, and this uncertainty has ca.....»»

Shares of Alibaba Group Holding Ltd. ticked 1.8% lower morning Thursday after the company posted be.....»»

European shares hit fresh record highs on Wednesday as earnings came in strong and hopes rose that the coronavirus outbreak could be past its peak......»»

Callaway Golf (NYSE: ELY) reported fourth-quarter losses of 26 cents per share on Monday, which missed the analyst consensus estimate by two cents. read more.....»»

Callaway Golf (NYSE: ELY) reported fourth-quarter losses of 26 cents per share on Monday, which missed the analyst consensus estimate by two cents. The company reported quarterly sales of $311.9 million, which be.....»»

PHOENIX, Feb. 7, .....»»

Twitter Inc. cracked $1 billion in quarterly revenue for the first time this holiday season while coming in ahead of Wall Street’s expectations for user growth......»»

Optical networking company Lumentum Holdings Inc. delivered better-than-expected fiscal second-quarter results Tuesday, but the company warned that the coronavirus outbreak could have a negative impact on its re.....»»

See the rest of the story here. Theflyonthewall.com provides the latest financial news as it breaks. Known as a leader in market intelligence, The Fl.....»»

Friday will bring key earnings reports from Chevron and Exxon Mobil before the opening bell. These reports may create positive or negative waves throughout the energy sector......»»

Amigo Holdings had a peak market value of 1.5 billion pounds, and has dropped to about 250 million pounds. It’s a mess that casts a bad light on IPOs......»»

Free cash flow topped a negative $3 billion last year as the movie-streaming company booked 167 million global paid subscriptions......»»

The earnings recession of 2019 will soon be over, as history suggests investors can count on a fourth-quarter comeback that flips the earnings growth outlook to positive from negative......»»