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Fri, Apr 28th, 2017
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Apple cuts off payments, Qualcomm slashes expectations

NEW YORK (AP) — Qualcomm slashed its profit expectations Friday by as much as a third after saying that Apple is refusing to pay royalties on technology used in the iPhone.

AAPL : 143.47 (-0.22%)
QCOM : 51.26 (-3.66%)
GM is motoring, profit spikes 34 pct on US truck, SUV sales

DETROIT (AP) — Rising sales of high-profit trucks and SUVs in the U.S. helped push General Motors to a first-quarter profit record as the company put up $2.6 billion in net income.

GM : 34.77 (+0.67%)
US economic growth weakened to 0.7 percent in first quarter

WASHINGTON (AP) — The U.S. economy turned in the weakest performance in three years in the January-March quarter as consumers sharply slowed their spending. The result underscores the challenge facing President Donald Trump in achieving his ambitious economic growth targets.

Senate confirms Alex Acosta as labor secretary

WASHINGTON (AP) — Alex Acosta has been confirmed as the nation's new labor secretary, filling out President Donald Trump's Cabinet as he approaches his 100th day in office.

Markets Right Now: US stocks are off to a mixed start

The latest on developments in financial markets (All times local):

TIME : 15.55 (-15.03%)
Warren 'troubled' by report of Wall Street-paid Obama speech

WASHINGTON (AP) — U.S. Sen. Elizabeth Warren says she's "troubled" by reports that former President Barack Obama will be paid $400,000 to speak at a September health care conference put on by Wall Street firm Cantor Fitzgerald.

US employment costs climbed steadily in first quarter

WASHINGTON (AP) — Wages and benefits paid to U.S. civilian workers grew steadily in the first three months of the year.

UBS profits rise on higher trading, commission earnings

GENEVA (AP) — Swiss bank UBS has reported a near doubling in its first quarter net profit to 1.3 billion francs ($1.3 billion), as its wealth management and investment banking operations grew.

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Today's New Highs & Lows

HIGHS LOWS DIFF
5-Day 1,559 899 660
1-Month 999 394 605
3-Month 590 224 366
6-Month 497 112 385
52-Week 407 76 331
YTD 549 193 356

52 Week New Highs & Lows

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Top 100 Stocks

(Sorted by Daily Weighted Alpha)

Market Momentum

NYSE AMEX NASDAQ
Issues Up 865 65 1,034
Issues Down 1,118 150 1,288
Issues Unch 66 26 145

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