Noel's Feed
Apr 22, 2015

Some Apple Watch buyers to get shipments sooner than expected

SAN FRANCISCO, April 22 (Reuters) – Some Apple Watch buyers
who thought they would have to wait until June to receive their
new gadgets will get them sooner, Apple Inc said on
Wednesday.

When online preorders for Apple’s first smartwatch started
on April 10, many customers were surprised to see delivery times
as far out as June instead of on April 24, when the devices
officially go on sale.

Apr 22, 2015

Stocks end stronger as investors look beyond mixed earnings

April 22 (Reuters) – U.S. stocks ended stronger on Wednesday
as Visa’s potential expansion into China and talk of a
turnaround at McDonald’s helped investors look beyond a mixed
bag of quarterly earnings.

All of the 10 major S&P 500 sectors rose, with the tech
index gaining 1.09 percent, propelled by Visa and
MasterCard.

Apr 22, 2015

Corrected – Stocks gain as investors eye bright side of mixed earnings

By Noel Randewich

(Reuters) – (Story corrects attribution of quotes in paragraphs 8,9)

U.S. stocks rose in afternoon trading on Wednesday as Visa’s potential expansion into China and talk of a turnaround at McDonald’s helped investors see the bright side of mixed quarterly earnings.

Visa (V.N: Quote, Profile, Research) gained as much as 7.1 percent to hit a record of $69.98, while MasterCard (MA.N: Quote, Profile, Research) came shy of its all-time high, after China said it would open up its market to foreign firms for clearing domestic bank card transactions.

Apr 22, 2015

Stocks gain as investors eye bright side of mixed earnings

April 22 (Reuters) – U.S. stocks rose in afternoon trading
on Wednesday as Visa’s potential expansion into China and talk
of a turnaround at McDonald’s helped investors see the bright
side of mixed quarterly earnings.

Visa gained as much as 7.1 percent to hit a record of
$69.98, while MasterCard came shy of its all-time high,
after China said it would open up its market to foreign firms
for clearing domestic bank card transactions.

Apr 21, 2015

Earnings cloud drags down Dow; Nasdaq gains on biotech M&A

April 21 (Reuters) – U.S. stocks were a mixed bag on
Tuesday, with the Dow ending lower after a handful of
uninspiring earnings reports while the Nasdaq closed near a
record high following a proposed biotech merger.

Travelers, DuPont and IBM shares
weighed on the Dow Jones industrial average. DuPont reported
lower sales in all of its businesses and said a strong dollar
would take a toll on its full-year earnings. IBM also mentioned
currency effects when it reported a fall in revenue late on
Monday.

Apr 21, 2015

Wall St mixed as doubts about earnings offset biotech M&A bid

April 21 (Reuters) – U.S. stocks were mixed on Tuesday, with
the Dow industrials pulled down by a handful of uninspiring
earnings reports, while the Nasdaq was pushed higher by a
proposed biotech merger.

Travelers, DuPont and IBM shares
weighed on the Dow. DuPont reported lower sales in all of its
businesses and said a strong dollar would take a toll on its
full-year earnings. IBM also mentioned currency effects when it
reported a fall in revenue late on Monday.

Apr 21, 2015

Wall St mixed as lackluster earnings offset biotech M&A bid

April 21 (Reuters) – U.S. stocks were mixed on Tuesday, with
the Dow industrials pulled down by a handful of uninspiring
earnings reports, while the Nasdaq was pushed higher by a
proposed biotech merger.

Travelers, DuPont and IBM shares
weighed most on the Dow. DuPont reported lower sales in all of
its businesses and said a strong dollar would take a toll on its
full-year earnings. IBM also mentioned currency effects when it
reported a fall in revenue late on Monday.

Apr 20, 2015

Wall St rallies on China stimulus ahead of tech earnings

April 20 (Reuters) – Wall Street rose on Monday, reversing
much of the previous session’s sharp decline, as China’s steps
to stimulate its slowing economy and cautious optimism about
U.S. earnings lured investors into technology stocks.

In the second industry-wide cut in two months, China’s
central bank on Sunday reduced the amount of cash that banks
must hold as reserves in a move to help spur lending and combat
slowing growth.

Apr 20, 2015

Wall St. rallies on China stimulus, cautious earnings optimism

By Noel Randewich

(Reuters) – U.S. stocks rose on Monday, reversing much of the previous session’s sharp decline, as China’s steps to stimulate its slowing economy and cautious optimism about U.S. earnings lured investors into equities.

In the second industry-wide cut in two months, China’s central bank on Sunday reduced the amount of cash that banks must hold as reserves in a move to help spur bank lending and combat slowing growth.

Apr 16, 2015

Wall St ends slightly lower as earnings worries linger

April 16 (Reuters) – U.S. stocks ended marginally lower on
Thursday as lingering worries about upcoming corporate earnings
reports offset enthusiasm about a trio of soaring Wall Street
debuts.

Weighing on the S&P 500 were Apple and General
Electric, which is expected to report its first-quarter
results on Friday before the start of trading.

    • About Noel

      "Based in Thomson Reuters' San Francisco news bureau, Noel Randewich covers the semiconductor industry and the growing use of microchips in everything from smartphones to home energy management. Prior to his San Francisco posting, Mr Randewich spent a decade covering emerging markets news in Mexico City."
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