Today AMD released their Q1 FY 2015 financial results, and the company reported revenue of $1.03 billion for the quarter. This is a 16.9% decrease as compared to Q4 2014, and a 26.4% decrease from the $1.40 billion recorded in Q1 2014. Show More Summary
The chip maker, which has a tough road competing with market leader Intel, reported disappointing first quarter financial results Thursday.
The US dollar has been on a historic rally against many of the world's currencies. "The USD ended the first quarter up 16% year-on-year against a trade-weighted basket of major currencies, the highest quarter-end increase since September...Show More Summary
No one needs to remind us of the cataclysmic U.S. economic crisis and resulting great recession beginning in 2008, primarily caused by excessive speculation in housing mortgage financing and the leveraging of exotic financial instruments, including derivatives. Show More Summary
The stock price is up 12.7% in post marketing trading following the Q1 report. While the financial results were mixed, it showed that Netflix had 62.3 million global streaming subscribers at the end of the quarter — about 500,000 more than expected. Show More Summary
Intel yesterday reported its first quarter financial reports. Their revenue was flat year over year because their PC business revenue went down. Client Computing Group revenue of $7.4 billion, down 16 percent sequentially and down 8 percent year-over-year. “Year-over-year revenues were flat, with double-digit revenue growth in the data center, IoT and memory businesses […]
Posting record financial results for 2014, REI's co-op business model is also delivering more in the way of social and environmental dividends. Besides paying out $168 million in cash dividends, REI will invest around $8 million in nonprofit community projects that promote outdoor life.
Welcome to earnings season! In the financial sector, strong earnings from JPMorgan (JPM) offset Wells Fargo’s (WFC) first quarterly profit drop in more than four years. Mixed results left the Financial Select Sector SPDR Fund (XLF) as level as the Bonneville Salt Flats. Semiconductor ETFs dipped into Intel‘s (INTC) earnings report, but could bounce Wednesday [...]
On Tuesday morning, the bank posted better-than-forecast results, buoyed by a first rise in trading revenues since the depths of the financial crisis.
Petrobras hopes to release third-quarter and full-year 2014 financial results after a board meeting on April 22. ||| Sao Paulo - Petrobras hopes to release third-quarter and full-year 2014 financial results after a board meeting on April...Show More Summary
Nearly two years ago we wrote about a phenomenon that has become the most acute problem facing the modern, "QEverywhere" financial system: an unprecedented collateral shortage, as a result of central banks soaking up trillions in "high-quality collateral" in the form of government bonds. Show More Summary
The first quarter ended two weeks ago, which means most of the publicly traded companies of corporate America will announce their quarterly financial results over the next month. Through April 9, 24 of the S&P 500 companies had already...Show More Summary
New government stress test results won't help spur confidence in major banks
Central bank financial repression results in the systematic and severe mis-pricing of financial assets. And that has sweeping consequences far beyond the munificent windfalls it bestows on the thin slice of mankind that frequents the casinos of Wall Street, London, Tokyo and Shanghai. The fact is, the prices of money, debt, equity, traded commodities and all their…
Some businesses start out with a clear path and strategy. Others have to make adjustments along the way. Financial startup inDinero fits into that latter category. But the company’s leadership feels that it is better off as a result. InDinero started off as a “Mint.com for business.” But as time went on, the company’s customers...
Women are the largest emerging market in the world – twice as big as India and China combined – with over $5 trillion in growth since 2009. As a result, women are poised to have a massive impact on the investment and financial services spheres in the coming decades. Show More Summary
Since its cyclical peak in 2007 - just prior to the financial crisis - the U.S. economy has grown by only 1.2% at an annual rate. This is down sharply from the 3.0% pace that had prevailed since 1990. The resulting cumulative shortfall now exceeds $2 trillion, or more than $6,500 per capita. Show More Summary
Pew has released the results of its latest research into America’s smartphone usage and connectivity. What is interesting to see is how the rapid adoption of smartphones influence Americans and their habits, especially now that 64% of US citizens own a smartphone, a figure which is up from 35% reported in the spring of 2011. [...]
Intel will use a new presentation of its operating segments when it reports first-quarter results on April 14, reflecting the formation of its client computing group.
Wall Street is bracing for news on how the rising dollar and falling oil prices have impacted publicly traded firms’ latest earnings, but a look at privately held companies’ recent financial results reveals positive trends on both the revenue and profit fronts, according to Sageworks, a financial information company. Private companies, [...]