Jim Cramer announces his "best of breed" stock picks. Those that will always circle back, because success is a part of their DNA.» Read More
NEW YORK— The stock market closed out its best week in nearly two years on a positive note Friday, helped by strong quarterly earnings from Microsoft and other big U.S. companies. Quarterly results from Microsoft and UPS helped lift the market Friday, but there have been other strong earnings reports all week. Caterpillar, 3 M, Apple and others have all came in well...
Caterpillar, 3 M earnings underpin sentiment. TOKYO, Oct 24- U.S. stock futures tumbled while safe-haven assets such as the yen and U.S. bonds gained on Friday after media reported that a doctor who returned to New York City from West Africa has tested positive for Ebola. Asian shares also some ground with MSCI's broadest index of Asia-Pacific shares outside Japan...
TOKYO/ SYDNEY, Oct 24- The yen pulled away from two-week lows against the dollar on Friday on safe-haven bids as U.S. stock futures tumbled on reports that a New York doctor had tested positive for the Ebola virus. "I think, next week the market will be more event-driven, with the FOMC and the Bank of Japan, so the downside should be limited," he said, adding that support at...
*Caterpillar, 3 M earnings boost sentiment. Japan's Nikkei share average rose 1.4 percent while MSCI's broadest index of Asia-Pacific shares outside Japan was up 0.1 percent. Results from Caterpillar Inc and 3 M Co reassured investors that companies with large overseas revenue streams could deliver solid profits, despite concerns about global economic...
No wonder they keep buying back so much stock, says "Mad Money" host Jim Cramer.
*Wall Street rally& higher U.S. yields lift dollar/yen. *Ebola scare in New York watched. SYDNEY, Oct 24- The yen languished at two-week lows against the dollar early on Friday, having come under renewed pressure overnight after an encouraging rally on Wall Street dampened demand for the safe haven currency.
Stocks head into Friday on track for the best weekly performance in 22 months, yet new Ebola fears and other geopolitical headlines could be wild cards.
After the market rally on strong quarterly earnings, the "Fast Money" traders share what stocks they're watching.
Jim Cramer tells his audience how to figure out what is behind a market rally and which stocks are headed higher.
*Industrial shares rally on 3 M, Caterpillar results. *Stocks pare gains; New York tests patient for Ebola. NEW YORK, Oct 23- Earnings from Caterpillar and 3 M drove Wall Street higher on Thursday but stocks pared gains in late trading after reports that a New York hospital was running Ebola tests on a healthcare worker.
The stock market got a boost Thursday from a combination of strong corporate earnings and encouraging economic reports. Caterpillar and 3 M were among the companies posting results that impressed investors. Hiring in the U.S. remains solid and a survey of businesses in Europe suggested that the region may avoid slipping back into recession.
Stocks surged Thursday after Caterpillar boosted its profit outlook.
NEW YORK— Stocks that moved substantially or traded heavily Thursday on the New York Stock Exchange and the Nasdaq Stock Market:. Yelp Inc., down $13.06 to $57.17. Caterpillar Inc., up $4.70 to $99.27.
Good earnings and improving economic data are causing money to pile into the U.S. stock market.
Art Cashin of UBS Financial Services said earnings, global manufacturing data, higher oil prices and eased terror concerns jolt stocks.
*Industrials rally on 3 M, Caterpillar results. Shares of both Caterpillar Inc and 3 M Co rose following their results. Caterpillar, which also raised its full-year profit view, was up 4.6 percent at $98.94 while 3 M added 5 percent to $145.85.
Caterpillar and 3 M led the gains among industrial stocks, which rose significantly more than the rest of the market. Caterpillar rose 5 percent and 3 M rose 4 percent after each company reported earnings that impressed investors. Crude oil rose $1.57 to settle at $82.09 a barrel in New York.
*Industrials rally on 3 M, Caterpillar results. Shares of both Caterpillar Inc and 3 M Co rose following their results. Caterpillar, which also raised its full-year profit view, was up 5.3 percent at $99.61 while 3 M added 5.6 percent to $146.70.
*Industrial shares rally on 3 M, Caterpillar results. Shares of both Caterpillar Inc and 3 M Co rose following their results. Caterpillar, which also raised its full-year profit view, was up 4.5 percent at $98.80 while 3 M added 6 percent to $147.34.
Oct 23- Diverse U.S. manufacturer 3 M Co posted a 5.8 percent rise in quarterly profit on Thursday that topped estimates, driven by a jump in U.S. sales and cost controls as well as strong pricing that helped boost margins. Shares of 3 M, a Dow Jones industrial average component, rose 6.2 percent. 3 M, a maker of adhesives, abrasives and other products for a variety of...