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Company News For January 2, 2018

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  • Shares of Goldman Sachs Group, Inc. (GS - Free Report) declined 0.7% after saying that its fourth-quarter earnings will be reduced by around $5 billion per thenew tax law
  • Apple Inc’s (AAPL - Free Report) shares slumped 1.1%  after apologizing for the lack of transparency related to handling of iPhone performance with older batteries
  • Shares of Priceline Group Inc. decreased 1.5% after the company and IBM (IBM - Free Report) agreed to resolve a patent lawsuit pending in the United States District Court for Delaware
  • Netflix, Inc’s (NFLX - Free Report) shares fell 0.4% after revealing that the salary of the company’s top executives will be increased in 2018 followingthe launch of the new tax law