The 500 largest American companies would collectively owe an estimated $620 billion in U.S. taxes if they repatriated the funds, according to a study.» Read More
U.S. stock futures were pointing to a lower open, after mixed earnings results from Goldman Sachs and Wells Fargo and mixed news on housing, as starts fell, but permits rose.
Asian stocks opened mostly higher Wednesday, after gains on Wall Street, buoyed by robust earnings for Apple whose stock climbed in extended trade and after target price hikes for Google lifted Wall Street.
Without Steven P. Jobs at the helm, can Apple continue its streak of innovation, particularly in a fast-moving industry? The New York Times reports.
The consumer electronics giant turned in results that easily surpassed Street expectations, as sales of its iPad exceeded the 7 million mark.
With or without Steve Jobs, Cramer is still bullish on this tech giant.
Two of the nation’s most important tech giants reported earnings after the bell. What must you know before you place your next bet?
Stocks ended modestly higher as strength in energy and materials stocks outweighed pressure from financials in the wake of a disappointing earnings report from Citigroup and ahead of more reports from banks later this week. Boeing and Caterpillar rose, while Verizon fell.
What follows is a roundup of corporate earnings reports for Tuesday, Jan. 18, 2011.
Stocks continued to trade modestly higher ahead of the close Tuesday as strength in energy and materials stocks outweighed pressure from financials in the wake of a disappointing earnings report from Citigroup and ahead of more reports from banks later this week. Boeing and Caterpillar rose, while Verizon fell.
Plus, calls on Apple, the banks and gold.
Apple is down around 3 percent to 4 percent today on the news of a health-related leave of absence for Steve Jobs. There has been much discussion in the media and among analysts about the "Steve Jobs Premium" and what his day-to-day presence is truly worth in terms of market cap and shareholder value.
With Fidelity Investments reporting net retail inflows up 25 percent year-over-year in 2010, John Sweeney, one of the firm's executive vice presidents, told CNBC Tuesday that investors have come back and are engaged in their portfolios.
Why Trutina Financial's Patty Edwards plans to watch IBM's earnings results more closely than she did Intel's last week.
Bank stocks dragged down the market Tuesday, yet lately dips have been buying opportunities. Should you hold your nose and dive in?
News of Apple CEO Steve Jobs' medical leave of absence pushed the firm's stock lower on Tuesday. But David Garrity, principal at GVA Research, said the news won’t stop the shares from trading higher than $400 over the next 12 months.
Uncertainties about CEO Steve Jobs health will likely continue to bite into Apple's stock price, but its behavior today shows that it may be more resilient than some think.
With the post-IPO quiet period over for Youku and E-Commerce China Dangdang , two of the hottest Chinese deals in years, analyst from their investment bankers are out with a dash of reality: Unless you’re a long-term investor, these things are expensive.
Apple now down only 2.8 percent for the day on word Steve Jobs is taking another medical leave. Two points on this...
While the U.S. markets were closed for the Martin Luther King Jr. holiday, Steve Jobs sent a letter to his employees saying he was taking a medical leave of absence but was still retaining his title of CEO. Chief Operating Officer Tim Cook would again be responsible for the day to day activities.
Stocks traded mixed amid worries over Apple's future as CEO Steve Jobs takes a medical leave of absence, and disappointing earnings results from Citigroup. Boeing and Caterpillar rose, while BofA fell.