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Thursday, January 29, 2015

Daily Investor Briefing: Google fourth-quarter revenue misses...

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Google fourth-quarter revenue misses Wall Street target, shares fall
SAN FRANCISCO (Reuters) - Google Inc's revenue grew 15 percent in the fourth quarter, falling short of Wall Street's target on declining online ad prices and unfavorable foreign exchange rates.
Amazon sales rise in holiday quarter, shares jump
SAN FRANCISCO (Reuters) - Inc reported earnings of 45 cents per share for the crucial holiday quarter, trouncing analysts' expectations and sending its shares up 9 percent.
Visa reports better-than-expected quarterly profit
(Reuters) - Visa Inc , the world's largest credit and debit card company, reported a better-than-expected quarterly profit on Thursday as a strengthening U.S. job market and cheaper gasoline prices encouraged people to spend.
Wall St. ends volatile session with big gains
NEW YORK (Reuters) - U.S. stocks enjoyed a late afternoon rally on Thursday, ending a volatile session sharply higher as crude oil reversed earlier losses and returned the energy sector to positive territory.
Broadcom's fourth-quarter revenue beats expectations
SAN FRANCISCO (Reuters) - Broadcom posted higher fourth-quarter revenue on Thursday that exceeded Wall Street's expectations as the company increased its focus on wifi and broadband chips.
U.S. jobless claims drop sharply to near 15-year low
WASHINGTON (Reuters) - The number of Americans filing new claims for unemployment benefits tumbled last week to its lowest level in nearly 15 years, adding to bullish signals on the labor market.
Politics, mobile overshadow Alibaba's fairy-tale run
SAN FRANCISCO (Reuters) - Alibaba Group Holding Ltd's underwhelming holiday quarter performance and an escalating war of words with a powerful Chinese industry regulator highlight two major risks to its seemingly fairy-tale ascent: politics and the shift to mobile commerce.
Exclusive: U.S. federal safety regulators seek Takata whistleblowers
(Reuters) - U.S. vehicle safety regulators want to find whistleblowers with knowledge "of possible defects or any wrongdoing" by Takata Corp, stepping up pressure on the air bag maker whose products are linked to five deaths and dozens of injuries.
Zero profit growth expected for U.S. companies in first quarter
NEW YORK (Reuters) - Falling oil prices, a soaring dollar and concern about weaker global demand have increasingly pessimistic analysts predicting Standard & Poor's 500 companies will see no earnings growth at all in the first quarter of 2015.
Conoco, Occidental and Shell cut 2015 budgets on crude slide
HOUSTON/WILLISTON, N.D. (Reuters) - ConocoPhillips and Occidental Petroleum Corp on Thursday slashed exploration spending plans for this year, as the third- and fourth-largest U.S. oil companies attempt to cope with a steep slide in crude prices.
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