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Disney stock drops after unexpected CEO change

Shares of Walt Disney fell Wednesday after the media giant's surprise move to replace top boss Bob Iger raised questions on Wall Street if his successor Bob Chapek had sufficient experience in the entertainment business......»»

Category: topSource: moneycentralFeb 26th, 2020

Disney shares down 2% after "surprise" CEO change

Shares of Walt Disney Co fell 2% on Wednesday after the media giant's surprise move to replace top boss Bob Iger raised questions on Wall Street if his successor Bob Chapek had sufficient experience in the entertainment business......»»

Category: topSource: reutersFeb 26th, 2020

Wall Street skids after Apple"s shock sales warning

U.S. stocks dropped on Tuesday after a surprise sales warning from tech bellwether Apple highlighted the impact of the coronavirus outbreak on global supply chains......»»

Category: topSource: reutersFeb 18th, 2020

Wall Street dragged down by Apple"s shock sales warning

U.S. stocks dropped on Tuesday after a surprise sales warning from technology bellwether Apple fanned worries about the impact of the coronavirus outbreak on global supply chains......»»

Category: topSource: reutersFeb 18th, 2020

Apple"s surprise sales warning pressures Wall Street

Technology stocks dragged down Wall Street on Tuesday after a surprise sales warning from bellwether Apple fanned worries about the impact of the coronavirus outbreak on global supply chains......»»

Category: topSource: reutersFeb 18th, 2020

Wall Street slips at open following Apple"s sales warning

Shares of Apple Inc dragged down Wall Street's main indexes at the open on Tuesday, after a surprise sales warning from the iPhone maker fanned worries about the impact of the coronavirus outbreak in China on global supply chains......»»

Category: topSource: reutersFeb 18th, 2020

The Ratings Game: Apple’s coronavirus warning wasn’t a total surprise, but magnitude rattles Wall Street

Investors may face a rocky session for Apple shares on Tuesday after its coronavirus-linked warning, but bullish investors are looking past it......»»

Category: topSource: marketwatchFeb 18th, 2020

Alphabet slips as Street digests revenue miss, surprise disclosures

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.....»»

Category: blogSource: theflyonthewallFeb 4th, 2020

Wall Street rebounds from virus fears

U.S. stocks rallied on Monday, helped by gains in heavyweight technology shares and surprise strength in U.S. manufacturing activity, following a sharp selloff last week sparked by concerns about fallout from a virus out of China. Yahaira Jacquez reports......»»

Category: videoSource: reutersFeb 3rd, 2020

Wall Street rebounds from virus fears, helped by factory strength and tech stocks

U.S. stocks rallied on Monday, boosted by heavyweight technology shares and on surprise strength in U.S. manufacturing activity, following a sharp selloff last week on concerns about the economic impact from the fast-spreading coronavirus out of China......»»

Category: topSource: reutersFeb 3rd, 2020

Tech stocks, upbeat U.S. factory data help Wall Street rebound

U.S. stocks rose on Monday, with gains in Amazon and technology stocks as well as a surprise rebound in U.S. factory activity helping markets attempt a recovery from steep weekly losses due to concerns over the coronavirus epidemic......»»

Category: topSource: reutersFeb 3rd, 2020

Wall Street rises as U.S. manufacturing expands in January

U.S. stocks climbed on Monday as gains in Amazon and Nike as well as a surprise rebound in U.S. factory activity helped markets attempt a recovery from steep weekly losses due to concerns about the coronavirus epidemic......»»

Category: topSource: reutersFeb 3rd, 2020

Wall Street rebounds as U.S. manufacturing expands in January

Wall Street main indexes rose 1% on Monday following their worst week in at least four months as Amazon and Nike gained and U.S. factory activity showed a surprise rebound......»»

Category: topSource: reutersFeb 3rd, 2020

The Ratings Game: Boeing’s ‘sea of red ink’ gets a pass after lower 737 Max charges

Boeing Co. stock gains as Wall Street looks past a surprise quarterly loss to focus on lower 737 Max-related charges......»»

Category: topSource: marketwatchJan 29th, 2020

Gap’s Surprise: “We Are Keeping Old Navy… Oh, And We Are Raising Earnings Guidance!”

There are many cycles that run through the business world. Over the last twenty years Wall Street has seen its waves of telling companies “buy other companies for scale and protection”........»»

Category: blogSource: 247wallstJan 16th, 2020

High pay at Jefferies shows Wall Street has its swagger back

, a midsize Wall Street investment bank, released robust financial results late Wednesday, which was no surprise considering last year’s 31% jump in the stock market. What was eye-opening was just... To view the full story, click the title link......»»

Category: blogSource: crainsnewyorkJan 12th, 2020

Wall Street opens flat as Trump to restore tariffs on metal imports

Wall Street opened largely flat on Monday as President Donald Trump said he would restore tariffs on metal imports from Brazil and Argentina, with investors shrugging off a surprise rise in Chinese manufacturing activity......»»

Category: topSource: reutersDec 2nd, 2019

Gap commits to Old Navy split; CEO exit won"t impact holiday shopping season

Gap Inc said on Friday it was sticking with plans to spin off its Old Navy brand into a separate company, as Wall Street analysts questioned its commitment to the project following the surprise exit of Chief Executive Officer Art Peck......»»

Category: topSource: reutersNov 8th, 2019

Gap says still planning Old Navy spin-off as CEO departs

Gap Inc said on Friday it was sticking with plans to spin off its Old Navy brand into a separate company, as Wall Street analysts questioned its commitment to the project following the surprise exit of Chief Executive Officer Art Peck......»»

Category: topSource: reutersNov 8th, 2019

McDonald"s CEO surprise exit throws long-term vision into doubt: analysts

The surprise exit of McDonald's Corp chief executive officer, Steve Easterbrook, over the weekend has Wall Street wondering whether the burger chain's multi-billion dollar strategy to boost sales could change under the new head......»»

Category: topSource: reutersNov 4th, 2019