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Two major companies in Caterpillar and Nvidia blame China for poor earnings

January 28, 2019 admin 0

Semiconductor manufacturer Nvidia said in a forecast that the economic situation in China is also undermining its performance. “Deteriorating macroeconomic conditions, particularly in China, impacted consumer demand for NVIDIA gaming graphics processing units,” the company […]

Earnings

Colgate-Palmolive beats quarterly revenue estimates

January 26, 2019 admin 0

Colgate-Palmolive forecast a surprise fall in 2019 profit on Friday, as the world’s largest toothpaste maker spent more on advertising, while battling higher commodity costs. The company’s share fell 3 percent to 60.4 before the […]

Earnings

Buy Apple now before earnings next week because the bad news is already in the stock

January 26, 2019 admin 0

Apple’s stock has plummeted more than 30 percent over the past three months. Shares of the iPhone maker took a huge hit when it slashed revenue guidance by 8 percent on Jan. 2, blaming the […]

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