From what he's seeing in showrooms, AutoNation's CEO says the market decline has been out of step with the economy, creating a buying opportunity.» Read More
Stocks closed mixed Thursday after shaving deeper losses from earlier in the day in the last half hour of trading as investors considered a mixed batch of earnings and the Fed's next steps to stimulate the economy. 3M and Caterpillar fell, while Pfizer and Walt Disney rose.
What follows is a roundup of corporate earnings reports for Thursday, Oct. 28.
Stocks trimmed earlier losses in the last half hour of trading Thursday as investors considered a mixed batch of earnings and the Fed's next steps to stimulate the economy. 3M and Caterpillar fell, while AmEx and Pfizer rose.
Stocks extended losses amid continued worries over the Fed Reserve's plans to stimulate the economy and a somewhat mixed batch of corporate earnings on Thursday. 3M and Caterpillar fell, while AmEx rose.
U.S. stock index futures edged higher ahead of the open Thursday after a report that jobless claims fell to a three-month low, and in the wake of a mixed close in the previous session on worries over the Federal Reserve's next move on quantitative easing from its policy meeting next week.
What's the state of the auto industry and should investors be looking to auto stocks? Investing in the auto sector was the topic Tuesday on CNBC for David Silver, equity research analyst at Wall Street Strategies and Michael Ward, auto analyst at Soleil Securities.
Sales of pickup trucks were up 60 percent in July from a year ago at AutoNation, the nation's largest auto dealer, in a clear indicator the economy is recovering, Chairman and CEO Mike Jackson said on CNBC Wednesday morning.
US stocks are vacillating between the positivity of strong earnings reports and the negativity of soft economic data. Short-sellers are on the prowl, looking to exploit weakness in heavy-volume names. Here are the 10 most shorted S&P 500 stocks. If momentum picks up, these stocks could be susceptible to a short squeeze. A report from TheStreet.
Some encouraging signs for bulls this afternoon at the close as the markets ended the day at session highs:
Plus, get calls on tech, housing and more.
Following are moves you might have missed. Find out why shares of AutoNation and Xerox popped while BB&T and Hershey dropped.
Stocks logged their best day in two weeks Thursday as a strong batch of earnings reports revived optimism about the economic recovery. Regional banks rallied.
What follows is a roundup of corporate earnings reports for Thursday, Jan. 22.
Stocks advanced Thursday after another strong batch of earnings reports revived optimism about the economic recovery. Regional banks rallied.
With little progress on the overall jobs front, the consumer has ultimately remained very cautious, spurring more tepid spending over the past couple of months. Here is a look at the drop in the major retail stocks since the Morgan Stanley Retail Index hit a two-year high on April 26, 2010.
Today's six stocks worth watching.
There has long been a belief in the auto industry that as pick-up truck sales go, so goes the broader economy. After all, as business and spending picks up, the folks who drive pickups (contractors, builders, small business operators) are likely to buys a new work truck. And for the most part, the historical evidence points to truck sales and housing starts trending up or down together.
Following are moves you might have missed. Find out why shares of AutoNation and Jacobs Engineering popped while Nordstrom and Pier One dropped.
Did this week's extreme volatility leave you reaching for Pepto-Bismol and cash positions? Hope not, they might not be the best moves to make.
Stocks pulled off a gain Thursday as comments from a European official offered some relief on the Greece front. Consumer-discretionary stocks were the day's best performer, along with materials and industrials.