PHOENIX _ Swift Transportation Co. on Wednesday reported fourth-quarter net income of $58.5 million. The average estimate of analysts surveyed by Zacks Investment Research was for earnings of 48 cents per share. Swift Transportation shares have dropped 5 percent since the beginning of the year.» Read More
Global stocks rose Wednesday as investors grew more optimistic about the global economy recovering. But experts interviewed on CNBC remain torn about whether this is a bear-market rally or a new bull market.
Global stocks were higher Wednesday despite data out of China showing the country's industrial output rose less than expected in April. But experts tell CNBC there is real growth potential in the Asian economy.
Investors dumped shares of both Ford Motor and General Motors on Tuesday, with GM hitting its lowest level since the Great Depression.
A bankruptcy judge on Tuesday ruled that GMAC Financial Services can become Chrysler's preferred lender, potentially sending a slew of new business to the financing company and ensuring that Chrysler's dealers will have access to the loans they need to stay in business.
As Americans prune their expenses because of the relentless recession, the family vacation is taking a hit. A third of those surveyed in an AP-Gfk Poll released Monday said they had already canceled at least one trip this year because of money.
Global stocks were mostly higher Tuesday as expectations grew that the worst may be over for the global economy. Experts interviewed by CNBC consider whether the expectations are founded.
The banking sector was one of the few sectors in the red Tuesday as investors remained cautious on the health of the system. Experts tell CNBC how to invest during the uncertainty.
This is a strong rally, but not necessarily a bull market, said Tobias Levkovich, chief U.S. equity strategist at Citigroup.
Amazon announced a new Kindle today, only three months after Kindle 2 came out, and I am furious. Three months?
After last week's gains, most global stocks were down Monday as weak corporate results tempered investors' optimism. Experts tell CNBC it's still a bear-market rally.
Global stocks took a break Monday after a successful week of gains. Investors remain uncertain if the global economy is showing signs of recovery or signs of further deterioration. Experts give CNBC their predictions.
The group of dissident Chrysler bond holders challenging Chrysler's government-backed restructuring plans, said Friday that it is dropping its court fight.
Global stocks were up Friday, driven higher by financials and miners as metals prices rose. Experts tell CNBC the market rally has further to go.
The closely-watched US jobs report is due later on Friday, after results of stress tests late on Thursday revealed that ten banks need to raise up to $75 billion in fresh capital.
Investors are eagerly anticipating the release of the U.S. government's stress test results Thursday where a number of the 19 banks reviewed are expected to require fresh capital.
Global stocks have enjoyed a nice rally over the last few weeks. But experts are wary of how long the good times can last. They tell CNBC where they see value in these uncertain times.
We can make money by selling small cars in U.S. with our new global platform, said Alan Mulally, Ford Motor CEO.
As the outlook for Western economies remains uncertain with juxtapositions of green shoots and worsening economic data, experts tell CNBC they see opportunities in emerging markets.
Global stocks were mixed on Wednesday as investors became more cautious a day before the bank stress test results after reports that Bank of America may need to raise a substantial amount of capital.
General Motors says it may offer current shareholders a reverse stock split that would give them one share of new stock for every 100 shares they currently own.