Business

Apple Earnings: Who Saw it Coming?

Tim Cook speaks during an Apple special event. (Justin Sullivan/Getty Images)
Tim Cook speaks during an Apple special event. (Justin Sullivan/Getty Images)

Apple released earnings of $11.62 on April 23 that blew away analysts’ estimates of $10.08 per share. It is important to note that the earnings...


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  • Rendering of Two Trees Management proposal to redevelop the Domino Sugar factory in Williamsburg. (Courtesy of SHoP Architect)

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    Council members pressed Two Trees Management for details on the Domino Sugar Refinery development on the Brooklyn waterfront, at a zoning committee meeting Tuesday. “Your... Read more

  • FILE - In this Monday, March 3, 2014, file photo, specialist Gregg Maloney works on the floor of the New York Stock Exchange. Global shares were mixed with European shares getting an early boost Thursday, April 24, 2014 but stocks in Tokyo slipped after talks between Japan's prime minister and visiting President Barack Obama failed to finalize a trade agreement. (AP Photo/Richard Drew, File)

    Wall Street Stocks Go Nowhere After Mixed Earnings Reports

    NEW YORK—Mixed earnings from a large number of U.S. companies left the stock market without direction early Thursday, despite positive results from a handful of... Read more

  • Trader Anthony Riccio, works on the floor of the New York Stock Exchange April 7, 2014. (AP Photo/Richard Drew, File)

    Apple, Facebook Lift Global Stock Markets

    LONDON—Solid earnings from Apple and Facebook helped shore up global markets on Thursday despite an earlier hefty retreat in Tokyo. As well as delivering forecast-busting... Read more

  • A trader works at the New York Stock Exchange, Nov. 6, 2013. Marty Fridson recommends making stocks a big part of retirement planning. (Andrew Burton/Getty Images)

    Wall Street Veteran Marty Fridson on Retirement Planning

    Epoch Times: What do you tell savers with a fixed income portfolio who are facing very low yields? Marty Fridson: The low yields are a... Read more

  • Trader Peter Tuchman, right, works on the floor of the New York Stock Exchange Thursday, April 10, 2014. U.S. stock indexes are slipping lower in early trading Thursday as investors pick over a mixed batch of corporate earnings reports. (AP Photo/Richard Drew)

    Wall Street Stocks Drop Slightly After Six-Day Rally

    NEW YORK—The stock market slipped Wednesday after rallying for six straight days as investors worked through another round of quarterly earnings reports from U.S. companies... Read more

  • Corn Grains

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  • Peter Costa works with fellow traders on the floor of the New York Stock Exchange, Tuesday, April 22, 2014. Stock futures edged higher as more companies reported first quarter earnings. (AP Photo/Richard Drew)

    Wall Strreet Stocks Continue to Gain Amid Earnings and Deals

    NEW YORK—Stocks rose Tuesday as more companies reported solid first-quarter earnings. The market also got a lift from deal news. Netflix rose after announcing a... Read more

  • (AP Photo/Richard Drew, File)

    Easter Monday 2014: Financial Markets, Stock Exchanges Open or Closed?

    Easter Monday is the day after Easter Sunday and considered a holiday by some. People are wondering whether or not financial markets and stock exchanges... Read more

  • In this Tuesday, July 16, 2013, photo, an IBM logo is displayed in Berlin, Vt. The company reports quarterly earnings on Tuesday, Jan. 21, 2014. (AP Photo/Toby Talbot)

    Stocks Drift After Google, IBM Earnings Disappoint

    Major U.S. stock indexes drifted between gains and losses in morning trading Thursday amid a crop of disappointing corporate earnings. Google, IBM and insurers UnitedHealth... Read more

  • A Ukrainian soldier controls a road  outskirts of Izyum, Eastern Ukraine, Thursday, April 17, 2014. Ukraine is hoping to placate Russia and calm hostilities with its neighbor even as the U.S. prepares a new round of sanctions to punish Moscow for what it regards as fomenting unrest. (AP photo/Efrem Lukatsky)

    Oil Stable Near $104 as Traders Balance Ukraine Tension Against US Supply Increase

    The price of oil remained near $104 a barrel Thursday as investors weighed the upheaval in Ukraine against a big increase in U.S. oil supplies... Read more

  • FILE- In this Friday, June 29, 2012, file photo Specialists Frank Masello, left, and John T. O'Hara work on the trading floor of the New York Stock Exchange in New York shortly before the closing bell. World stock markets rose Wednesday April 16, 2014 as China's slowdown in the first quarter was less severe than expected.    (AP Photo/David Karp, File)

    US Stocks Gain for Third Day; Yahoo Soars in Early Trading

    U.S. stocks moved higher in early trading on Wednesday, extending their gains into a third day. Investors welcomed solid earnings from Yahoo as well as... Read more

  • People stand at a barricade at the regional administration building that they had seized earlier in Donetsk, Ukraine, Tuesday, April 15, 2014. (AP Photo/Efrem Lukatsky)

    Ukraine, China Tensions Depress Global Stock Markets

    LONDON—World markets turned lower on Tuesday amid concerns about instability in Ukraine, the value of technology stocks and an economic slowdown in China. Ukraine has... Read more

  • Traders work on the floor of the New York Stock Exchange on April 11, 2014 in New York City. In early morning trading the Dow was down over 70 points following a large drop on Thursday due to disappointing results from the tech sector. (Spencer Platt/Getty Images)

    Wall Street Stocks Rise on Retail Sales Increase

    Stocks got a boost Monday from a government report showing U.S. retail sales notched their biggest increase in 18 months in March. Investors also bid... Read more

  • Trader Anthony Carannante, left, works on the floor of the New York Stock Exchange, April 11, 2014. (AP Photo/Richard Drew, File)

    Wall Street Stocks Move Higher After a Rough Week; Citi Gains

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  • (Shutterstock*)

    Three Types of People to Avoid Hiring

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  • People are reflected on the electronic board of a securities firm in Tokyo, Friday, April 11, 2014. Tokyo's Nikkei 225 stock average fell more than 400 points at one point in morning trading. (AP Photo/Koji Sasahara)

    Global Markets Upset After Terrible Nasdaq Day, Tech Slump

    LONDON—Another rout on the Nasdaq index roiled global markets Friday. On Thursday, the Nasdaq index slumped 3 percent — its worst day since 2011 —... Read more

  • Trader Ryan O'Day works on the floor of the New York Stock Exchange.   The Nasdaq had its worst day since 2011 as investors dumped biotechnology shares. (AP Photo/Richard Drew, File)

    Nasdaq Worst Day Since 2011, Biotech Plunges

    NEW YORK — The high-flyers are laying the stock market low — once again. Investors turned against biotech, Internet and other once-soaring stocks on Thursday,... Read more

  • A man walks by an electronic stock price indicator showing the regional heavyweight, Tokyo's Nikkei 225, that shed 201.97 points, or 1.36 percent and closed at 14,606.88, in Tokyo Tuesday, April 8, 2014. Asian stock markets were mixed Tuesday after Japan's central bank refrained from expanding its stimulus and declines in tech stocks weighed on prices. (AP Photo/Eugene Hoshiko)

    Tech Stocks Continue to Tumble in Global Markets

    LONDON— The sell-off in global markets dragged into Tuesday following another Nasdaq-inspired retreat on Wall Street and as investors fretted over the rise in tensions... Read more

  • Financial Stocks Losing Value on Wall Street in Afternoon Trading

    NEW YORK—The stock market is slipping lower at midday, led by financial companies and retailers. Genworth Financial and Chipotle Mexican Grill were among the biggest... Read more

  • Specialist Joseph Dreyer works on the floor of the New York Stock Exchange, Friday, April 4, 2014. Technology stocks fell sharply in afternoon trading Friday, a trend which has continued in early trading Monday. (AP Photo/Richard Drew)

    Tech Stocks Continue Decline in Early Wall Street Trading

    NEW YORK—Stocks are starting out the week the same way they ended the last one — down. Technology stocks fell broadly in early trading Monday,... Read more

  • In this Thursday, April 3, 2014, photo, Trader Dudley Devine, left, works on the floor of the New York Stock Exchange. European stocks made modest gains Friday April 4, 2014 and Asian markets meandered as investors looked to the upcoming U.S. job report for a fresh trading cue. (AP Photo/Richard Drew)

    US Stock Indexes Climb Slightly After Jobs Report

    NEW YORK—Stocks are edging mostly higher in early trading Friday after the government reported that U.S. employers added to their payrolls last month. The overall... Read more


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