Stocks Up as More Q1 Earnings Releasedyesterday's trends continued and Asia rose while Europe fell. Japan's Nikkei grew by 227.35 points, and Germany's DAX fell by -71.77 points.
McDonald's Q1 Earnings Leave It Bruised, But Shareholders Are Happy.
Chipotle Is No McDonald's. In a similar situation, and in the same sector, Chipotle's (CMG) Q1 earnings lead to much different results. Rather than shareholders rallying behind the company, Chipotle's investors sold their stock as fast as they could after today's earnings miss. The company's share prices fell 7.41%, or -51.29 points, to end the day's trading at $641.23.
St. Jude Medical Sets 52-Week High On Positive Q1 Earnings. In keeping with the theme of a booming health services sector, hospital holding company St. Jude Medical (STJ) did so well for themselves this quarter that they've set a record high. Their stock prices shot up 6.41% on the news that they would beat their Q1 earnings target, gaining 4.43 points to close at $73.55 per share.
The Beginnings Of A Turnaround For Coca-Cola? After a difficult few years, things are beginning to look up for Coca-Cola (KO). The company has recently had to scrap plans for a new bottling plant in India, but sales are strong enough that they've beat expectations. Coke shares gained 0.53 points on the news and closed the day at $41.31. Although the gains were modest, this could be the beginnings of a turnaround against the latest 3-month downward trend.
Oil Headed Back To $50 After Gazprom Accused Of Price Fixing By EU. The Russian economy is in shambles, and their government has a reputation for being willing to try just about anything to turn it around. Recently, the Russian oil refining overseer Gazprom has been accused by its counterpart in the EU of fixing prices. Since Russian oil fuels some of the EU as well as much of Eastern Europe, cheaper oil from Siberia could bring costs down even further this summer.
Published on Apr 22, 2015By Aaron Phillips