Stocks dipped Tuesday as a stronger dollar and some disappointment about DuPont and Coca-Cola's results gave investors a reason to retreat from the recent rally.
U.S. stocks were set to open slightly higher Tuesday, supported by solid results from Apple and Texas Instruments and despite disappointing news about the housing market.
It's earnings season again, and we're into the crazy song-and-dance, this time hopped up on a nice mix of optimism, greed, and fear. Everybody's story is basically the same right now, so here are two all-purpose documents: one for use by the corporations reporting results, and the other for the people who cover them in the press. Just fill in the blanks!
U.S. stocks appeared set to open higher Thursday although trading could be volatile as investors take in another round of corporate profit reports.
The Nasdaq gained for the 11th straight session Wednesday as investors welcomed Apple's profit results, but concerns about Boeing and Coca-Cola's profits dragged on the Dow.
Stocks staged a late-session rally at the end of a turbulent day, influenced by a weak housing market report, a mix of corporate results and the latest for the automakers.
Stocks gained Tuesday, rebounding after the previous session's rally as worries about corporate results were countered by renewed hopes that the financial sector is closer to stabilizing.
Stocks turned mixed Tuesday morning after falling in the early going, as investors considered a range of quarterly results but also opted to dip back in after the previous session's retreat.
Software giant Oracle reported fiscal third quarter profits and sales that beat Wall Street's expectations, and also announced that it would be issuing a dividend to its shareholders. The company also reported "record operating margins."
Stocks rallied Tuesday, erasing morning losses, as investors focused on the day's positive earnings reports and a surprise rise in a key measure of home sales.
Better-than-expected earnings from Merck gave a lift to the blue chips Tuesday morning, but the broader market was mixed ahead of the release of the January auto sales and pending home sales reports.
Stocks gave up early gains Friday, turning negative as investors considered a report showing the economy's biggest quarterly decline in 26 years and a slew of weak earnings reports.
Stocks gained Tuesday, rising for the third-straight session, as investors breathed a sigh of relief that some of the quarterly earnings were less terrible than had been expected.
General Electric Co. on Friday reported a 47% decline in fourth-quarter earnings per share that was at the low end of its expectations, and lower revenue that was below analysts' forecasts.
Stocks tumbled Friday morning as General Electric's lower quarterly earnings added to the realization that corporate profits are a lot weaker than had been anticipated.
Target Corp. reported a nearly 24% decline in third-quarter net income Monday as the weak economy continues to weigh on consumer spending.
Wal-Mart Stores, the world's largest retailer, reported third-quarter profit Thursday that topped estimates but said a stronger dollar would squeeze profit for the rest of its year.
Exxon Mobil Corp. set a quarterly profit record for a U.S. company Thursday, surging past analyst estimates.
Microsoft announced Thursday that revenue and profits rose in its fiscal first quarter thanks to strong sales in its server and business software segments.
Stocks slumped Wednesday, with the Dow down more than 500 points, as weak earnings and slumping oil prices amplified fears of a global recession.
Stocks slumped Tuesday as mixed corporate earnings reports gave investors a reason to retreat after the previous session's big rally.
Stocks slipped Tuesday morning as investors considered Goldman Sachs' mixed profit report and the latest Federal Reserve policy meeting, after the previous session's brutal selloff.
Stock futures lost ground Wednesday after battered mortgage finance giant Freddie Mac reported a wider-than-expected quarterly loss.
Oil giants Chevron Corp. and Total SA wrapped up a string of gargantuan, record-breaking earnings reports, a stretch in which six of the major international oil companies topped $50 billion in combined profit for the first time
Airline stocks on Wednesday traded higher as oil prices - the industry's greatest burden - plunged.
Stock futures climbed Monday morning as investors cheered better-than-expected earnings from Bank of America and the announcement of a deal between Yahoo and activist investor Carl Icahn.
JPMorgan Chase said Thursday that profit plunged in the second quarter, stung by $1.1 billion in writedowns, but the firm still managed to beat Wall Street projections.
Aluminum producer Alcoa Inc. announced profits and sales that topped Wall Street's forecasts as higher prices offset increasing commodity costs.
Stock futures moved higher early Wednesday, ahead of a slew of economic reports and the Federal Reserve's policy statement on interest rates.
Stocks rallied and bonds slumped Thursday as investors welcomed a stronger dollar, weaker oil prices and upbeat earnings from Ford Motor and Apple.
Unlike many of its peers in the financial services industry, JPMorgan Chase & Co. on Wednesday turned in a better quarterly performance than analysts had expected. Still, earnings dropped 50% from a year earlier.
Stocks rose Tuesday, in a choppy session, in which investors looked to the day's upbeat earnings announcements and a strong regional manufacturing report, and shrugged off record oil and gas prices and other signs of inflation.
General Electric - widely viewed as a proxy for the U.S. economy - posted a surprising first-quarter earnings miss Friday, deflating investors' hopes that the conglomerate could rise above a continued economic slowdown.
updated: Wed Feb 06 2008 08:35:00
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Google reported earnings and sales for the fourth quarter that missed Wall Street estimates, sending the stock tumbling after hours.
U.S.-based drugmakers and biotechs have made a stronger-than-expected showing for the fourth quarter so far, as global sales got a boost from the weak dollar.
updated: Fri Jan 25 2008 16:16:00
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EBay announced Wednesday that, as expected, chief executive Meg Whitman will be stepping down on March 31st.
Abbott Laboratories, a maker of drugs and medical devices, reported on Wednesday a jump in sales and earnings that beat Wall Street's estimates.
Chemical producer DuPont Co. reported higher fourth-quarter operating income and revenue Tuesday, beating analysts' forecasts.
Merrill Lynch & Co. Inc. swung to its worst quarterly loss ever Thursday, as it reeled from a giant $14.6 billion hit stemming from the mortgage crisis and credit crunch.
Target Corp., the nation's second-largest discount retailer after Wal-Mart, posted third-quarter earnings Tuesday that missed analysts' estimates as profits were dented by softer sales of pricier products.
Lowe's Cos. cited a weak sales environment amid a continuing slump in the housing sector Monday as reasons for a 10.2 percent drop in third-quarter profit.
Apple's upbeat earnings helped fire up the tech sector Tuesday afternoon, as investors continued to move back into stocks after last week's mass exodus.
Apple's upbeat earnings helped fire up the tech sector Tuesday afternoon, as investors continued to move back into stocks after last week's mass exodus.
Stocks struggled Thursday in a choppy session in which weak earnings from Bank of America and another spike in oil prices kept investors from restarting the recent rally.
updated: Thu Oct 18 2007 10:41:00
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Intel Corp., citing a strong market for personal computers, reported big increases in third quarter revenue and profit exceeding analysts' projections.
Johnson & Johnson's sales increased in the third quarter but its net profit fell, the pharmaceutical and consumer goods giant said Tuesday.
Digital video recorder maker TiVo Inc. on Wednesday reported a loss that was weighed down by an inventory writeoff, swinging back from a small profit reported in the first quarter of this year.
Upscale home furnishings retailer Williams-Sonoma Inc. reported higher-than-expected quarterly profit on Wednesday on an improvement at its Pottery Barn chain, sending its shares up as much as 11 percent.
Burger King Holdings Inc. on Friday reported a fourth-quarter net profit, reversing a year-ago loss, helped by longer store hours and its low-cost breakfast menu.
Children's Place Retail Stores Inc. Thursday posted a preliminary quarterly net loss that nearly doubled, hurt by fees related to a stock option probe and said its license agreement with Walt Disney Co. could be jeopardized by several missed deadlines.
Staples Inc., the largest U.S. office supplies retailer, posted a 10 percent rise in quarterly profit Tuesday, helped by higher sales of laptop computers and software.
Target said on Tuesday its quarterly profit rose more than 12 percent, boosted by strong sales at stores open at least a year and returns from its credit-card business.
Upscale department store Nordstrom Inc. reported higher quarterly net profit Thursday, helped by better-than expected same-store sales, and raised its full-year earnings outlook.
Network Appliance Inc. on Wednesday announced a share buyback and forecast better-than-expected revenue for the current quarter as orders pulled out of a slump, lifting its recently battered stock by 7 percent.
Stocks rallied late in the session Wednesday as investors scooped up beaten down shares before the closing bell.
General Motors on Tuesday reported second-quarter earnings that were much better than expected as its embattled U.S. auto operations returned to the black after more than two years of losses.
Aetna Inc., the No. 3 U.S. health insurer, posted higher quarterly earnings Thursday, helped by an increase in enrollment.
Texas Instruments Inc. reported lower quarterly profit and revenue Monday as weak demand for calculators outweighed improving sales of advanced phones that use its wireless chips.
Weak earnings from Caterpillar and Google sent stock futures lower Friday, a day after the Dow Jones industrial average closed above 14,000 for the first time ever.
Stocks fell Friday, the day after the Dow Jones industrial average closed over the 14,000 mark for the first time ever, on a spate of disappointing earnings news.
Motorola Inc., which has been losing market share amid criticism of its mobile phone line-up, on Thursday posted a quarterly loss as revenue fell amid weak phone sales.
Host Hotels & Resorts Inc., an owner of Marriott and other hotels, said Wednesday that quarterly funds from operations rose, helped by higher room rates, while net income fell.
IBM, the world's largest technology services company, Wednesday beat quarterly profit expectations and raised its earning forecast for the year, helped by acquisitions and growth in computer services.
Delta Air Lines Inc. and Southwest Airlines Co., two of the largest U.S. air carriers, reported better-than-expected quarterly profits Wednesday, helped by broadly higher ticket prices and relatively strong demand.
Yahoo, the world's second largest Internet search firm, in its first earnings report since co-founder Jerry Yang replaced Terry Semel as chief executive officer, posted second-quarter results that met expectations.
The Dow Jones industrial average finished in record territory for the fourth straight session Tuesday just below the 14,000 mark, which it earlier surpassed for the first time ever, on a tame inflation reading and several strong earnings reports.
The Dow Jones industrial average finished in record territory for the fourth straight session Tuesday and surpassed the 14,000 mark for the first time ever, on a tame inflation reading and several strong earnings reports.
Eaton Corp, a diversified manufacturer, posted better-than-expected quarterly earnings on Monday as sales growth from acquisitions offset weakness in its truck division.
Darden Restaurants missed Wall Street's fourth-quarter profit and revenue expectations Tuesday, as same-store sales fell at its Red Lobster chain -sending shares down more than 5 percent in after-hours trading.
The following are some of Thursday's most actively traded stocks:
Stocks gained Thursday, with the Dow industrials closing at a record high for the second day in a row, thanks to upbeat earnings reports from 3M, Apple and others.
Apple's profit soared in the latest quarter thanks to strong sales of its iPods and Macintosh computers, the company reported Wednesday.
Stocks surged Friday morning, pushing the Dow industrials further into record territory, as investors welcomed a batch of upbeat quarterly earnings reports.
The Dow readied to extend its rally for the seventh straight session Friday morning, one day after it tip-toed to a fresh record high, as investors cheered the latest earnings reports.
Stocks struggled in mixed trade Thursday, as Wall Street shook off the morning doldrums, but failed to make a move higher after the previous session's record-breaking close for the Dow industrials.
The following are some of Thursday's most actively traded stocks:
Stock futures turned lower Thursday morning, one day after the Dow Jones industrial average hit a fresh record high, as a mixed bag of earnings reports rattled investors.
The Dow industrials jumped to a record high Wednesday as solid earnings from a number of blue-chip companies helped the index complete a remarkable comeback after the big February selloff.
The Dow Jones industrial average hit a new high Wednesday afternoon on the strength of solid earnings from JP Morgan and Intel, while Yahoo and IBM dragged down the tech sector.
Motorola Inc., the world's second-biggest mobile phone maker, Wednesday posted a quarterly loss on weak handset sales and gave new forecasts that raised doubts over when the company would be profitable.
Stock futures turned lower Wednesday morning, one day after the Dow Jones industrial average neared a fresh record high, as a mixed bag of earnings reports unnerved investors.
The Dow flirted with a fresh record high Tuesday and the S&P 500 closed at its highest point since 2000 as investors welcomed lower oil prices and upbeat earnings from Coca-Cola and Johnson & Johnson.
This is a big week for the U.S. drug industry's earnings, with mixed results expected from a slew of brand-name drugmakers that carry a common theme: getting squeezed by the loss of blockbuster products.
Activision said an internal review of its stock options grant practices cleared its chief executive, Robert Kotick, and three other top executives and board members of intentional wrongdoing.
Hewlett-Packard reported a sharply higher quarterly profit Tuesday, thanks to strong computer and printer sales during the holidays, as the tech giant continues to gain momentum against struggling rival Dell.
Exxon Mobil Corp. Thursday reported the biggest annual profit on record for a U.S. corporation - earning more than $75,000 every minute of 2006 on the back of record oil prices.
Ford Motor Co. reported the largest annual loss in company history Thursday, as the embattled automaker posted a fourth-quarter loss that was much worse than analysts' expectations.
Stocks surged Wednesday, with the Dow hitting a new all-time high, as upbeat earnings from Yahoo and Sun Microsystems tempered worries about technology sector earnings.
Stocks surged Wednesday, with the Dow hitting a new all-time high, as upbeat earnings from Yahoo and Sun Microsystems tempered worries about technology sector earnings.
The Nasdaq composite led a broader stock market advance Wednesday afternoon, as upbeat earnings from Yahoo and Sun Microsystems countered worries about technology sector earnings.
Stocks surged Wednesday afternoon, with the Nasdaq rising more than 1 percent, after upbeat earnings from Yahoo! and Sun Microsystems tempered worries about technology sector earnings.
Stocks rallied early Wednesday afternoon, with the Nasdaq leading the way, after bullish earnings from Yahoo! and Sun Microsystems cooled some worries about tech sector earnings.
The Dow and S&P 500 rose Tuesday, while the Nasdaq was little changed, as investors struggled to absorb a nearly 5 percent jump in oil prices and a spate of mixed earnings reports.
Yahoo!, the world's second largest Internet search company, reported fourth quarter results Tuesday that beat Wall Street expectations but issued a tepid forecast for 2007.
Pfizer announced Monday that it will cut 10,000 jobs and close five plants, including three R&D sites and two factories, by the end of 2008, and said its quarterly earnings grew but sales were little changed.
General Electric announced Friday it is restating earnings a total of $343 million lower. This in response to a decision made over five years ago by the chief accountant of the Securities and Exchange Commission on how the company recorded interest rate swaps.
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