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What follows is a roundup of corporate earnings reports for Wednesday, Feb. 16.
Stocks ended higher, once again hitting multi-year highs as the S&P finished at double its lowest level during the financial crisis. JPMorgan and HP rose, while Verizon fell.
Stocks continued to rise on strong earnings and economic news after the Federal Reserve reported its policy setting committee disagreed over whether the stimulus should continue, but felt making changes in the program would be inappropriate. JPMorgan and HP rose, while Verizon fell.
Stocks significantly pared gains amid word out of Israel that Iranian warships would be going through the Suez Canal. JPMorgan and HP rose, while Verizon fell.
Stock index futures remained higher after news that core inflation rose more than it has in two years, and that housing starts grew more than expected.
Stocks closed lower Tuesday, retreating from multi-year highs, led by energy and materials stocks, as investors digested a mixed bag of economic news, including disappointing retail sales in December and a spike in import prices. Exxon fell, while Verizon rose.
Stocks retreated from multi-year highs on Tuesday, led by energy and materials stocks, as investors digested a mixed bag of economic news, including disappointing retail sales in December. Exxon fell, while Verizon rose.
The most recent whale-watch filings at the SEC become more interesting when you contemplate not merely who is betting on what but who is betting against whom.
Stocks continued to trade off multi-year highs after a slew of economic news, including a weak reading on December retail sales. Exxon and DuPont fell, while JPMorgan rose.
After its recent rally, the market is currently taking a rest, said Art Cashin, director of floor operations at UBS Financial Services.
Stock index futures fell ahead of the open on Tuesday after the government reported retail sales results that were slightly lower than expected, and a surge in import prices.
The 3D TV market just got a little more exciting. On Sunday, '3net' launched in 18 million homes from Discovery, Sony and Imax. And on Monday, as a Valentine’s gift to sports fans, ESPN launched on DirecTV, Comcast and Time Warner Cable. This brings the total number of 3D networks to three, including DirecTV's 'N3d' channel, launched last year in partnership with Panasonic.
Warren Buffett's Berkshire Hathaway was doing some selling in last year's fourth quarter. Its quarterly portfolio filing with the SEC shows that as of December 31, Berkshire had no holdings for eight stocks that had been listed in its Q3 portfolio filing.
The stock market's easy glide higher could continue in the week ahead, as its steady advance draws in fresh money. But investors will continue to watch for signs of a pullback, now that the market is up nearly 6 percent since the start of the year.
It's been a brutal winter for the box office — year to date box office sales are down 23.8 percent and attendance is off 25 percent, according to Hollywood.com.
Keith Olbermann, the former MSNBC anchor and liberal firebrand, will host a prime-time program or Current TV, the low-rated cable channel co-founded by Al Gore, starting in the spring, the New York Times reports.
AOL is paying $315 million to acquire The Huffington Post. How does a company like AOL put a price tag on a private company like The Huffington Post? AOL CEO Tim Armstrong and Arianna Huffington will join the Halftime crew to discuss the deal.
This Sunday's Super Bowl could draw the highest ratings of any game, and it could also break records as the biggest advertising event ever.
Time Warner's stock is soaring — now up over 8 percent — on strong fourth quarter results and an upbeat outlook for 2011 that tops Wall Street expectations. Earnings per share grew 22 percent, on eight percent higher revenue, driven by higher advertising, subscriptions and content revenue, especially at its cable networks.
A new stat on copyright infringement released today is shocking: 23.8 percent of all global Internet traffic involves digital theft with BitTorrent accounting for 11.4 percent.