The FDIC sued 16 of the world's largest banks on Friday, accusing them of collusively suppressing interest rates, Reuters reported.» Read More
Railroad company CSX releases its third-quarter earnings Tuesday, but Donald Broughton, transportation analyst at Avondale Partners, said he wouldn't buy into the company at its current levels because of lower volumes and pricing risks associated with railroads.
Stocks skidded Tuesday as earnings season took a turn for the worse. After a few companies delivered what analysts want to see this quarter, improvement in revenue, J&J delivered more of the same from last quarter.
Rail and intermodal company, CSX is scheduled to report after the bell today. While it has beaten EPS expectations 3 of the past 4 quarters, it has missed revenue expectations in the past three quarters according to First Call data. Before then, it beat revenue targets for 5 straight quarters.
Futures indicated a lower open for Wall Street on Tuesday, after the U.S. market's record-making day on Monday where the Dow Industrial Average reached a new 2009 trading high, close to the 10,000 mark.
What follows is a roundup of corporate earnings reports for Tuesday, Oct. 13.
Risky assets will continue to outperform safer assets and investors should stick to bonds and quality stocks such as Johnson & Johnson, Intel and CSX, instead of Treasurys and cash, Bob Doll, vice chairman and global CIO of equities at BlackRock, told CNBC.
The S&P 500 eked out its 6th consecutive day of gains on Monday to end at its closing high for the year as energy shares rose alongside the price of oil.
It seems the public is watching 10,000 on the Dow but market pros are more focused on some other key levels.
It’s all about the earnings, he says. These are the companies you need to watch.
Everything depends on the Oct. 2 number, Cramer says. But there are a few other reports worth watching, too.
Cramer makes the call on viewers' favorite stocks.
The US isn’t number one anymore. Find out how this affects your trading strategies.
Investors poured back into stocks on Friday sending the S&P 500 to a new high for 2009. With the bulls large and in-charge how should you be positioned?
Don't be fooled--the rally is being fueled by far more than Intel. True, there is genuine momentum buying in semiconductors and semiconductor capital equipment stocks today.
Several economic reports were released Tuesday, and the actuality is far different from the headlines. The Producer Price Index came and registered an alarming increase of 1.8%. But if you factor out food and energy, the increase falls to +0.5%. Read further, and that increase is entirely due to a jump in the price of cars and other light vehicles. I
The reports out this morning are very typical of the mixed bag of economic and earnings news: some bright spots, but a lot of uncertainty.
Sell the news, even when it's better than expected. Goldman Sachs beat expectations by a wide margin...and earnings
There's a lot riding on Goldman Sachs' earnings report Tuesday. Already high expectations for a block buster quarter moved up a notch Monday when usually bearish banking analyst Meredith Whitney put a buy on the stock and said the firm's earnings will show a huge upside surprise.
How should investors prepare their portfolios if unemployment rises to 13 percent? Brian Kelly, president of Kanundrum Research and Jim Iuorio, director at TJM Institutional Services shared their stock picks.
How are the Fast Money traders gaming this market into the close? Following are the “Fast & Furious” trades - hot ways to play today's market moving events.