What's News: Business & Finance -- WSJ
April 29 2017 - 3:02AM
Dow Jones News
The economy stumbled in the first quarter as consumers reined in
spending despite a rise in household confidence and a surge in
stocks.
Earnings from Exxon and Chevron added to signals that the
world's biggest oil firms may be turning a corner on their path to
recovery.
Trump signed an executive order to ease regulations on offshore
drilling.
Qualcomm sharply cut its profit forecast amid its increasingly
bitter legal battle with Apple.
Overbooking remains a key part of airlines' game plans despite
fallout from the United incident.
Synchrony's earnings missed expectations, and the stock posted
its biggest daily percentage decline ever.
GM notched record quarterly profit and revenue, despite signs of
weaker pricing and consumer demand in the U.S. and China.
U.S. stocks ended higher for the month, boosted by strong
corporate earnings.
Time Inc. shut down a sales process after lengthy talks with
potential buyers, sending shares down 17%.
(END) Dow Jones Newswires
April 29, 2017 02:47 ET (06:47 GMT)
Copyright (c) 2017 Dow Jones & Company, Inc.
Time Inc. (NYSE:TIME)
Historical Stock Chart
From Mar 2024 to Apr 2024
Time Inc. (NYSE:TIME)
Historical Stock Chart
From Apr 2023 to Apr 2024