Weak earnings drag down stocks

A batch of negative company news gave US investors something to fret over.

Weak earnings drag down stocks
Fri, 17 Jan, 2014 - 07:52

A batch of negative company news gave US investors something to fret over.

A day after eking out its first record high of 2014, the stock market lost ground as electronics retailer Best Buy, Goldman Sachs and Citigroup, and railway firm CSX had disappointing earnings news.

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CourtsBusinessHeathrowPlace: USPlace: Provo, UtahPerson: Scott ClemonsPerson: Quincy KrosbyOrganisation: Best BuyOrganisation: Goldman SachsOrganisation: CitigroupOrganisation: CSXOrganisation: Amazon.comOrganisation: Bed Bath & BeyondOrganisation: Family DollarOrganisation: TargetOrganisation: MacyOrganisation: NasdaqOrganisation: DowOrganisation: GoldmanOrganisation: Brown Brothers HarrimanOrganisation: Union PacificOrganisation: Norfolk SouthernOrganisation: MicrosoftOrganisation: IBMOrganisation: Delta Air LinesOrganisation: McDonald’sOrganisation: Prudential FinancialOrganisation: CEC EntertainmentOrganisation: Chuck E. CheeseOrganisation: CECOrganisation: Apollo Global ManagementOrganisation: Nu Skin
<p>In the first eight months of the year, 116,099 new cars were registered, a 3.4% increase, of which 20,656 were electric cars representing a 37% year-on-year increase. File picture</p>

Electric car sales surge by 70% in Ireland, but Tesla's decline continues

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