Markets and World - 9:21 AM 4/19/2013
NEWS ANALYSIS
By NATHANIEL POPPER and NICK WINGFIELD
Shares of Apple were trading for more than $700 last year, but they have tumbled back and analysts are trying to understand why.
Aristotle once wrote that
?Happiness is the meaning and the purpose of life, the whole aim and end of human
existence.?
(Reuters) - McDonald's Corp reported a slight rise in first-quarter profit on Friday, as sales at established U.S. restaurants fell 1.2 percent in a tough environment.
Stock futures rose, helped by broad gains in overseas markets and a rebound in commodities prices, as investors digested mixed results from a number of blue-chip companies.
Why homeowners are keeping properties off the market.
General Electric was in the red Friday morning, despite earnings and revenue that were in line with the Street's expectations.
NEXT PAGE OF STORIES
LOADING...
PAGE 2
This has certainly not been a dull week in capital markets. The intraday investor has been exposed to just about everything. As of Friday, we have a commodity market that is telling the investor that global growth is slowing. A U.S. equity market, financed by cheap money, continues to signal that the American consumer is somewhat in the driving seat when it comes to stock prices. And finally, the European sovereign market appears to be convinced that domestic Japan is about to embark on a global shopping spree. All cannot be true; a couple of these markets will eventually have to back down. The only cert that investors should cling to is that any realignment of these asset classes will not be smooth.
McDonald's reported slightly higher earnings and revenue for the first quarter, but sales trends were weak and the fast-food chain's profit margins declined.
The fast food group has renewed its focus on its lower-margin dollar menu, introducing new products to attract more foot traffic
Shares of Chipotle Mexican Grill Inc. and Vertex Pharmaceuticals Inc. gained in premarket trade on Friday as IBM shares declined.
McDonald's reported lighter sales and slightly lower operating income from a year ago, citing tougher comparisons in part driven by an extra day in 2012 due to a leap year.
|
World Stocks Up As Investors Look To G-20 Summit
NPR
BANGKOK (AP) — World stock markets posted modest gains Friday, ignoring a raft of disappointing U.S. corporate earnings as officials from the world's biggest economies meet in Washington to search for ways to remedy sluggish global growth. Group of 20 ...
and more »
|
NEXT PAGE OF STORIES
LOADING...
PAGE 3
Venezuela's political crisis eased after the country's top election agency said it would carry out an audit of last weekend's contested presidential vote and include the opposition as observers.
Both Microsoft and Google see big positive returns from shifts in strategy amid the rise of mobile and tablet devices.
VOA reporter Carolyn Presutti is in Boston, where police say one of the suspects in the Boston Marathon bombing is dead and another remains at large. She spoke with VOA's William Gallo about the massive manhunt going on in the Boston suburbs. (Q) Tell me what we know so far -- I know it's a fluid situation and things are changing rapidly, but what is the latest? (A) "Right now we know that one of the bombing suspects is dead, the other is at large. Suspect 1, as he was ...
Vehicle traffic in and out of Watertown has been halted, and Boston's public transport system is suspended.
Venezuela's top election official said Thursday that authorities will complete a 100% audit of votes cast in Sunday's presidential election. Following the close, disputed election, there have been protests and violent clashes.
NEXT PAGE OF STORIES
LOADING...
PAGE 4
Chechnya, one of several small majority Muslim republics in Russia's North Caucasus, has been the scene of two bloody conflicts between separatist rebels and the Russian government during the past two decades. In 1994, then Russian President Boris Yeltsin sent 100,000 Russian troops into Chechnya to depose the region's separatist leader, Dzhokhar Dudayev. That military intervention sparked a two year conflict that claimed the lives of several thousand Russian troops and tens of ...
[AP] - Apple Inc. plans to report fiscal second-quarter results on Tuesday, after a bruising winter for the stock, which is back down to 2011 levels. Apple has yielded its position as the world's most valuable ...
The FBI released photos of two suspects in Monday's Boston Marathon bombings and urged the public to come forward with information about them.
NEXT PAGE OF STORIES
LOADING...
PAGE 5
