Rail and intermodal company, CSX is scheduled to report after the bell today. While it has beaten EPS expectations 3 of the past 4 quarters, it has missed revenue expectations in the past three quarters according to First Call data. Before then, it beat revenue targets for 5 straight quarters.
That is Cramer’s mission after the depression and recession we suffered over the past year.
The markets are higher today, with the Dow reaching within 68 points of 10,000 in this morning's trading. The Dow, which closed on Friday at a new high for 2009 at 9864.94 is currently trading near October 2008 levels, as it also managed to reach a new intraday peak for 2009 today at 9931.82.
After a two-week slide, stocks made a comeback last week as a solid start to the earnings season fueled optimism in the market. That put Dow 10,000 back on the table. When do you think the Dow will hit the 10,000 mark?
Two and a half months away from the end of the year and the average dividend yield of the Dow 30 has continued to fall since the market lows. See how the 30 companies in the Dow compare.
The Dow closed at a 52-week high on Friday and is now less than 200 points away from the psychologically important 10,000 level. What's the trade?
U.S. stocks posted their strongest weekly performance since mid-July, with all indexes rising nearly 4% or greater for the week.
US Banker just released its list of the Top 25 Most Powerful Women in Banking. Does having high powered talent translate into shareholder value? We took a look at the companies that these women work for to see how they perform relative to the industry.
October arrived last week with the markets showing fall jitters; nevertheless, market watchers and investors hope that this October won’t bring a repeat of the extreme swings that the markets experienced one year ago.
The CDC announced today that healthcare workers in Tennessee and Indiana would be amongst the first to get swine flu vaccinations. The outbreak of the H1N1 swine flu virus has sadly killed over 3,900 peope per a report by the World Health Organization (WHO) on September 25th. At the same time the race to battle the pandemic has propped up the shares of biotech companies that promise solutions.
All major U.S. Indexes declined 1.8% or more for the week, logging weekly losses for a 2-straight week. A pullback in Industrials, a worse than expected ISM Manufacturing September reading, and continued weakness in the U.S. jobs data also pushed the CBOE Volatility Index (.VIX) up by 11.8% for the week.
The latest overall job loss numbers showed a loss of 263,000 jobs in September and the unemployment rate rose to 9.8%, the fewest losses since August last year but highest unemployment rate since mid-1983. The August and July numbers were revised as well. Here is a breakdown of where the job losses were as well as which sectors were adding jobs.
The third quarter has past and for investors seeking dividends, they can be glad. Standard & Poor's said yesterday that third-quarter dividend increases this year were the worst on record. Dividend payments during the third quarter fell 44.8% from a year ago, with only 191 of about 7,000 public companies -tracked by S&P- increasing their payouts.
As David Faber reported, General Electric and Comcast are in talks to spin off GE's NBC Universal, parent of CNBC, into a new company that will be merged with the content assets of Comcast. What might this deal be worth? Start by looking at comparable valuations.
October is here and the kickoff to earnings season is just around the corner with Alcoa set to report next week. Here are the Top 20 stocks in the S&P 500 with the greatest expected year-on-year analyst growth forecasts.
Investors often may have negative perceptions of October and the markets. After all, the crashes of 1929 and 1987 both occurred in October. In more recent years, the Dow also saw significant 1-day declines of over 7% in the midst of the 1997 Asian financial crisis (10/27/97) and the global meltdown last year (10/14/08).
Despite a pull back in the U.S. equity markets last week, the S&P and Nasdaq Composite are having their best September since 1998 so far, while the Dow is on track for its biggest % gain in September since 2007. Even though September ranks as the worst month historically on average for all three indices, the Nasdaq Composite has traded up 12 sessions out of 19 as of Monday's close while the Dow and S&P have finished up 11 days of 19.
One year ago today, the Dow closed down 777.68 points for its worst 1-day point drop ever.
The Dow Jones Industrial Average is chasing its next big benchmark—10,000—a signal to many investors that market has nearly recovered from last year's meltdown.
U.S. stocks broke two weeks of consecutive gains to finish in the red Friday. Despite of the pullback this week, all major indices remain on track to finish the quarter up 13% or greater.