Corporate America may have another tax-avoidance trick up its sleeve, what some are calling 'outversions.'» Read More
NEW YORK— Solid earnings for a range of big companies helped nudge the stock market higher on Tuesday. The restaurant chain Chipotle and the cable giant Comcast surged after reporting better results than Wall Street expected. COMMENT: "The news today is pretty good," said JJ Kinahan, chief strategist at TD Ameritrade.
US consumer prices up 0.3 percent in June, reflecting biggest jump in gasoline in 12 months Coke sales miss Wall Street expectations as Diet Coke remains soft McDonald's profit slips as US sales continue to suffer World stock markets rise as Ukraine plane tensions ease China suspect meat scandal engulfs Starbucks and Burger King, spreads to McDonald's in Japan Comcast 2nd- quarter earnings top Wall Street as Internet hookup pace accelerates Verizon 2 Q profit increases 93 percent thanks to Vodafone deal, tops forecast DuPont 2nd- quarter profit increases 3.9 percent US home sales expected to show moderate gain in June from previous month Marlboro maker Altria's 2 Q profit stays flat as higher prices offset lower cigarette shipments
US consumer prices up 0.3 percent in June Coke's sales miss estimates as Diet Coke flags McDonald's 2 Q profit falls 0.7 percent World stocks rise as Ukraine plane tensions ease China meat scandal hits Starbucks, Burger King Comcast 2 Q earnings top views on Internet hookups Verizon 2 Q profit rises 93 percent DuPont 2 Q profit climbs 3.9 percent Marlboro maker Altria's 2 Q profit stays flat CIT Group buying OneWest Bank in $3.4 B deal
U.S. stock index futures rose on Tuesday, as developments over the downed Malaysia Airlines plane helped stabilize sentiment.
Comcast reported quarterly earnings that beat analysts' expectations on Tuesday.
July 22- Comcast Corp, the largest U.S. cable operator, reported a better-than-expected quarterly profit, helped by strong growth in high-speed internet subscribers. Net income attributable to Comcast rose to $1.99 billion, or 76 cents per share, in the second quarter ended June 30, from $1.73 billion, or 65 cents a share, a year earlier.
Some of the names on the move ahead of the open.
Comcast 2nd- quarter earnings top Wall Street as Internet hookup pace accelerates US home sales expected to show moderate gain in June from previous month Verizon 2 Q profit increases 93 percent thanks to Vodafone deal, tops forecast US consumer prices likely to show smaller gain in June than May DuPont 2nd- quarter profit increases 3.9 percent Foreign financial institutions will be able to directly invest in Saudi stock market next year Altria 2 Q profit stays flat France sticks to warship sale to Russia despite calls for European arms embargo, sanctions China suspect meat scandal engulfs Starbucks and Burger King, spreads to McDonald's in Japan CIT Group purchasing OneWest Bank in a $3.4 billion cash-and-stock deal
Comcast 2 Q earnings top views on Internet hookups Ahead of the Bell: US home sales Verizon 2 Q profit rises 93 percent Ahead of the Bell: US consumer prices DuPont 2 Q profit climbs 3.9 percent Altria 2 Q profit stays flat Amid sanctions, France in warship sale to Russia China meat scandal hits Starbucks, Burger King CIT Group buying OneWest Bank in $3.4 B deal World stocks rise as Ukraine plane tensions ease
PHILADELPHIA— Comcast Corp.' s second-quarter net income rose 15 percent to nearly $2 billion as it added high-speed Internet customers at a faster pace than a year ago and video subscriber losses moderated.
July 22- Comcast Corp, the largest U.S. cable operator, reported quarterly revenue that fell below analysts' estimates, mainly due to higher-than-expected video subscriber losses. Net income attributable to Comcast rose to $1.99 billion, or 76 cents per share, in the second quarter ended June 30, from $1.73 billion, or 65 cents a share, a year earlier.
1. "Dawn of the Planet of the Apes," 20th Century Fox, $36,254,310, 3,969 locations, $9,134 average, $139,207,154, 2 weeks. 3. "Planes: Fire& Rescue," Disney, $17,509,407, 3,826 locations, $4,576 average, $17,509,407, 1 week. 4. "Sex Tape," Sony, $14,608,152, 3,062 locations, $4,771 average, $14,608,152, 1 week.
LOS ANGELES, July 21- Netflix Inc said on Monday its quarterly profit more than doubled, boosted by strong growth in U.S. and international subscribers as a price increase for its most popular U.S. video streaming plan did not deter new users.
Another new big release, Walt Disney Co's animated "Planes: Fire and Rescue," grabbed third place with $18 million, while the comedy "Sex Tape" took in $15 million for the No. 4 spot.
LOS ANGELES/ NEW YORK, July 20- Sci-fi sequel "Dawn of the Planet of the Apes" beat a horror flick, an animated family film and an adult comedy to keep its grip on the U.S. and Canadian box office title for a second straight weekend.
20th Century Fox's science fiction sequel outmuscled a trio of new films to top the North American box office for the second-straight week with $36 million, according to studio estimates Sunday. Universal's low-budget sequel to last year's surprise hit, "The Purge," opened with $28.4 million, down from the $34.1 million the original scared up on opening weekend.
Even as traders monitor the world's hot spots, corporate earnings news could be a positive for stocks in the week ahead.
BIRMINGHAM, Ala.— Comcast Cable has reached a deal with ESPN to carry the SEC Network. The network, which launches on Aug. 14, was already set to be carried on cable and satellite providers like DISH Network, Cox Communications and AT&T U-Verse.
Abbvie Inc.' s deal to combine with Shire PLC would be the largest made so far this year, excluding assumed debt.
BEVERLY HILLS, Calif.— CBS is taking a wide-open approach to replacing Craig Ferguson in late-night, including the possibility of a host from politics, CBS Entertainment chief Nina Tassler said Thursday.