Check out the companies making headlines after the bell Thursday: Alcoa, Gap, Ruby Tuesday & more.» Read More
*Yum Brands hit by China woes, drags McDonald's. Oct 7- U.S. stocks were marginally higher in volatile trading on Wednesday as investor worries about corporate earnings grew and a rally in crude oil prices ended. "There is no real conviction in either direction in the market," said Joseph Benanti, managing director, sales and trading of Rosenblatt Securities in New...
Oct 7- Alcoa Inc said it had got a contract to supply titanium to Lockheed Martin Corp's F-35 Lightning II aircraft. The contract has an estimated value of about $1.1 billion, the company said on Wednesday. Alcoa said it would supply titanium for airframe structures for all three variants of the F-35 fighter jets over nine years, from 2016 to 2024..
U.S. stock index futures pointed to a stronger open on Wednesday, tracking shares in Europe and Asia higher.
Drugmaker Amgen rose nearly 5 percent, Celgene rose 4 percent and Regeneron Pharmaceuticals rose nearly 6 percent. By far the biggest loser in the S&P 500 index was Yum Brands, the parent company of KFC, Taco Bell and Pizza Hut. Yum sank $15.71, or 19 percent, to $67.71 after the restaurant operator's profits and sales missed analysts' expectations.
U.S. stocks closed mixed, stabilizing after a sharp two-day rally, as investors awaited the official beginning of earnings season.
Traders will watch market action carefully on Tuesday to see if stocks can demonstrate a successful retest of the lows.
NEW YORK— Stocks that moved substantially or traded heavily Monday on the New York Stock Exchange and the Nasdaq Stock Market:. General Electric Co., up $1.35 to $26.82. Twitter Inc., up $1.84 to $28.15.
U.S. stocks closed more than 1.5 percent higher Monday, extending Friday's surprise intraday reversal.
Oct 5- Alcoa Inc said it has signed a contract worth about $1 billion with Airbus Group for multi-material aerospace fastening systems. The deal is Alcoa's largest fastener contract ever with Airbus, the company said on Monday. The news comes a week after the world's third-largest producer of aluminum said it would split into two publicly traded entities.
U.S. stock futures were higher this morning, after Friday's biggest intraday reversal on Wall Street in four years. Stocks in Europe and Japan were sharply higher in Monday trading.
Absolutely, "said Peter Cardillo, chief market economist at Rockwell Global Capital in New York. Alcoa Inc, traditionally the first company to report its results, is scheduled to announce its third quarter earnings after the market closes on Oct. 8. "The single most determinant variable is going to be earnings at this point," said Mark Freeman, chief investment...
Jim Cramer considers next week to be the playoffs of earnings. Brace yourself for some serious action! Here are the stocks to watch.
Traders will be on the lookout next week for any signs of overseas weakness seeping into the U.S. economy after surprisingly soft job growth.
Oct 2- U.S. stock indexes jumped over 1 percent on Friday as worries about the economy after a disappointing jobs report gave way to a robust rally in energy and materials stocks. "The silver lining with this disappointing jobs number is that possibly this could push the rate hike off to the first quarter of 2016," said Jake Dollarhide, chief executive of Longbow...
*Sept nonfarm payrolls up by 142,000 vs 203,000 expected. Oct 2- U.S. stocks gained on Friday afternoon as early worries about the economy after a disappointing jobs report gave way to a rally in beaten-down energy and materials stocks. "The uncertainty has certainly increased," said Art Hogan, chief market strategist at Wunderlich Securities in New York.
“Mad Money” host Jim Cramer gives you the inside scoop on how to verify a real market move.
Jim Cramer says when you see this pattern forming in a company's stock, run far away. Likewise, the inverse pattern could be a gold mine.
*September factory activity slips in U.S., China. Many investors were holding fire ahead of Friday's crucial U.S. nonfarm payrolls data and the third-quarter earnings season which starts with Alcoa Inc's report on Oct. 8. "We're going to get a number investors can sink their teeth into tomorrow and next week kicks off earnings season which is vitally important to...
TOKYO, Sept 30- Japan's aluminium premiums for October-December shipments were set at $90 per tonne, down for a third straight quarter due to higher domestic inventories and weaker overseas rates, five sources directly involved in the talks said on Wednesday. Two end-user sources and two buyers at trading houses said all deals were done at $90, while a source at...
LONDON, Sept 29- Alcoa is synonymous with aluminium. But aluminium has proved an unruly child for Alcoa. It's not hard to understand, therefore, why Alcoa has decided to split its integrated business model into two parts, the high value-add downstream business, recently boosted by the company's diversification into other modern-age metals such as titanium, and...