Apple set to report as third quarter earnings week begins
The second big week of third quarter earnings season kicks off with Apple releasing results. About 169 S&P 500 firms will report, with consensus profits forecast to fall 2.8 percent in Q3, better than the 4.8 percent drop at the season’s start. Apple is expected to earn 1.88 per share, about 33 percent higher than a year ago, but its gains lag rivals Alphabet and Amazon.
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Apple
Standard & Poor
America
Wall Street
Ford Motor
Pharmaceuticals
Merck
Pfizer
Comcast
United Parcel Service
Biotech
Gilead Sciences
SigFig investors mostly held positions during August correction
Investors using SigFig tracking services largely stayed unchanged during the August correction with 72 percent showing no net buying or selling. Only 7 percent were net sellers exceeding ten percent of their portfolio value, indicating prudence amid volatility.
MENTIONED IN THIS ARTICLE
SigFig
Americans’ tech stock portfolio performance via SigFig data
More than half a million investors nationwide with assets around 200 billion manage portfolios on SigFig. Five day average shows a decline of 0.6 percent, six month average down 5.01 percent. Largest holding is AAPL, with AAPL also most bought and sold. Equity exposure moderate at 51 to 70 percent.
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AAPL
MSFT
SigFig
Aapl Aggressive
Laboratory Corp. of America posts 15% earnings gain
Laboratory Corp. of America reports a 15 percent rise in third quarter earnings. The results reflect the Covance acquisition completed in 2015, as the company notes strong demand across its clinical lab testing services.
Whole Foods Market slides on growth slowdown fears
Whole Foods Market, the natural foods retailer, fell for a sixth straight session amid concerns about slower sales growth. The stock traded around $90.78, after a $16.44 loss, with a 22.1 percent swing noted. Ctrip.com announced a stock swap offering a 25 percent stake in itself for a 45 percent stake in Qunar Cayman Islands held by Baidu.
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Vanguard 500Adms
Vanguard Totstiadm
Vanguard Instldxl
Vanguard TotStldx
Vanguard InstPlus
Fidelity Contra
Vanguard Totintl
GrthAmAm
Incamera m
Capiicbua m
PSOC
PowerShs Qqqtrust
US Oil Fund LP Usd
iShares Bus
IWM
Spdr Financial Xlf
Bankrate.com
Han Commodities Commodities
Frankfurt
Hong Kong
Japan
Nikkei
London
Mexico City
Morningstar
DOW Jones
THE
Associated Press
Ated Press
Usatoday.com
MONEY
Natural Foods
Ctrip.com
China
Qunar
Cayman Islands
Baidu
Market ignores WHO meat cancer warning despite scare
Investors shrugged at the World Health Organization finding that processed meats pose a cancer risk. Hormel Foods, Kraft Heinz, and Tyson Foods barely moved, with declines limited to about 1 to 5 percent, amid JPMorgan downgrades and mixed consumer response.
MENTIONED IN THIS ARTICLE
World Health Organization
WHO
Hormel Foods
HRL
Kraft Heinz
Oscar Mayer
Tyson
Jpmorgan
Hormel
Goldman Sachs case nears settlement over Fed ties
Prosecutors near plea talks with Jason Gross and Rohot Bansal in a case about confidential bank information leaked from the Federal Reserve Bank of New York to Goldman Sachs. NYDFS is negotiating a consent order likely totaling a $50 million fine and three year consulting ban for Goldman.
MENTIONED IN THIS ARTICLE
Goldman Sachs
Federal Reserve Bank of New York
Goldman
New York Times
Fed
AAUIU
Justin Lane
EPA
Government Sachs
Manhattan
U.S
Preet Bharara
Jason Gross
Mer
New York Fed
Gross
Bruce Barker
Barker
USA Today
Bharara
Rohot Bansal
Bansal
Scott Morville
New York Department of Financial Services
NYDFS
NY Fed
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MAJOR
S&p 500
Standard & Poor's
Russell Russell
Laboratory Corporation of America
Endo
Endp
PayPal Holdings
Priceline Group
PCLN
Ctrip Baidu
Roper Technologies
ROP
Celgene
CELG
S&p
Netflix
NFLX
Raymond James
Chesapeake Energy
CHR
Chesapeake
RRC
Consol Energy
CNX
NRG Energy
NRG
An Kinder Morgan
Skyworks Solutions
SWES
Dialog Semiconductor
J Ensco
ESV
Tyson Foods
TSN
Whole Whole Foods Market
WFM
USA
Ikorm
Whole Foods Market
Investing
Matt
Matt Krantz
Mkrantz
Ay.com
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