Apple downgraded to rare sell rating by Maxim on concern about iPhone sales next year
Maxim downgraded Apple to sell from hold and set a 12-month price target of $190.
Maxim downgraded Apple to sell from hold and set a 12-month price target of $190.
U.S. stock index futures slipped slightly on Thursday, a day after the S&P 500 and the Dow closed at record highs, as weak Chinese economic data and a dour forecast from Cisco rekindled fears of a global slowdown.
Walmart Inc reported better-than-expected third quarter U.S. comparable sales on Thursday and raised its full-year outlook as a strong economy boosted purchases at its stores and website and the retailer picked up market share in food and other groceries.
Spain's High Court on Thursday placed the former chairman of BBVA , Francisco Gonzalez, under investigation as part of a probe into an alleged spying case, a source with knowledge of the matter said.
U.S. stocks opened lower on Thursday as weak data from major economies and a dour forecast from Cisco rekindled worries of a global slowdown.
Wells Fargo & Co on Thursday said its general counsel Allen Parker, who was formerly interim chief executive officer, would step down in March 2020.
Ferrari on Thursday rolled out the Roma, a record fifth new model announced this year, as the Italian luxury carmaker with the famous "prancing horse" logo looks to sustain profit and share price growth.
Asda, the British supermarket arm of the world's biggest retailer Walmart , blamed lower sales in its latest quarter on Brexit uncertainty, saying it had negatively affected consumers' spending patterns.
U.S. producer prices increased by the most in six months in October, lifted by gains in the costs of goods and services, further bolstering the Federal Reserve's stance that it will probably not cut interest rates again in the near term.
Technology company IBM said on Thursday it will launch a new weather forecasting system which will be able to predict conditions up to 12 hours in advance and cover parts of the world which have not had access to such detailed data.
The number of Fidelity 401(k) plans with a balance of $1 million or more jumped to a record 200,000 in the third quarter of 2019.
Amazon.com is lowering the fee it charges customers in Germany for delivering fresh groceries and allowing its Prime subscribers to pay per order instead of committing to monthly membership, the U.S. company said on Thursday.
You need figure out what your financial plan is, says former U.S. Open champ Andy Roddick.
The S&P 500 and the Dow Jones Industrial Average were unchanged on Thursday, but still hovered near record levels as a dour forecast from Cisco offset gains in Walmart after its strong outlook.
Wells Fargo & Co said on Thursday general counsel Allen Parker, who briefly served as interim chief executive of the scandal-hit U.S bank, will step down next year.