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Display name: Jaimini Desai

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Apple Delivers Strong Earnings Due to iPhone 6

Philadelphia, Pennsylvania – (StockNewsDesk) – 10/22/2014 — Apple, once again, topped analysts’ estimates mostly on the back of strong iPhone 6 sales, with a continued healthy backlog of orders that should carry on into the holiday s

GE Shares Higher as Margins Rise

Philadelphia, Pennsylvania – (StockNewsDesk) – 10/19/2014 — One of the bellwethers of the US economy, General Electric, rose on better than expected earnings for the third quarter. Results were mixed across various units, reflecting th

Netflix Drops Big After Earnings

Philadelphia, Pennsylvania – (StockNewsDesk) – 10/17/2014 — In its third quarter earnings report, Netflix met analysts’ expectations, but the stock plunged as investors were spooked with concerns about slowing subscriber growth. Mome

Intel expecting an increase in PC sales, Shares up after Hours

Philadelphia, Pennsylvania – (StockNewsDesk) – 10/15/2014 — Intel surprised analysts and was trading up 3% after hours, on better than expected guidance for the upcoming quarter. Most investors were downbeat about Intel’s prospects,

Regulators, Banks Approve Plan to End “Too Big To Fail”

Philadelphia, Pennsylvania – (StockNewsDesk) – 10/13/2014 — Regulators and banks came to an agreement that would alter the language in derivative contracts, allowing regulators to employ a “stay” order. This would allow regulators

Energy Stocks Slaughtered

Philadelphia, Pennsylvania – (StockNewsDesk) – 10/12/2014 — During the stock market’s recent slide, energy stocks have experienced the worst selling pressure of all the major sectors. The damage in large-cap stocks has been contained

Fed Minutes Give Boost to Stock and Bonds

Philadelphia, Pennsylvania – (StockNewsDesk) – 10/09/2014 — Federal Reserve officials released minutes of their September meeting, revealing a much more dovish and suspicious outlook than the hawkish slant of previous meetings. In resp

US Non-farm Payrolls show improvement in Jobs Picture and Economy

Philadelphia, Pennsylvania – (StockNewsDesk) – 10/06/2014 — Non-farm payrolls for September came in above expectations with 248,000 hires, pushing the unemployment rate to a post crisis low. The unemployment rate fell from 6.1% to 5.9%

Marissa Mayer’s 20 billion Snapchat investment after successful Alibaba IPO

Philadelphia, Pennsylvania – (StockNewsDesk) – 10/05/2014 — Following the Alibaba IPO in which Yahoo raised a little more than $6 billion, the Internet giant has invested $20 million into Snapchat, giving the messaging startup a $10 bi

Draghi buying securitized loans to steady the European economy

Philadelphia, Pennsylvania – (StockNewsDesk) – 10/03/2014 — In a long-awaited move, European Central Bank Chairman Mario Draghi announced that the ECB would begin buying securitized loans and other various forms of debt to give the wea

US Housing, Consumer Confidence Data Complicates Federal Reserve Interest Rate Path

Philadelphia, Pennsylvania – (StockNewsDesk) – 09/30/2014 — Economic data in recent days, much of it due to pressure from overseas, has blurred the perception of an economy that is on a self-sustaining trajectory higher. Consumer confi

Personal income Growth results in U.S. consumers spending

Philadelphia, Pennsylvania – (StockNewsDesk) – 09/29/2014 — Recent consumer spending data came in higher than expected, continuing the positive momentum to the US economy and progress for the consumer balance sheet. Increase of 0.5% Th

Allianz’s trying to save Pimco’s prestige after Bill Gross shock exit

Philadelphia, Pennsylvania – (StockNewsDesk) – 09/28/2014 — Financial pundits and market participants were shocked by the news on Friday that bond king, Bill Gross, would be leaving the firm he founded, Pimco, to join Janus Capital Man


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