Credit Suisse is on course to become the first international bank to set up a major trading floor in Dublin, the Financial Times reports.» Read More
The Federal Reserve said it could be years before this country’s back on its feet. Luckily for investors, though, the rest of the world should carry us along.
Odds of a double dip continue to drop. We now have three companies in three different fields that have not tried to dampen expectations for the second half of the year: Intel in tech, CSX in transports, and Alcoa in aluminum.
If the academics spent as much time on individual companies as they did the political theater in Washington, they’d agree.
Considering Intel just reported their best results in the company's 42-year history, are we looking at a brand new bull?
CSX was not a fluke: after the close Dow Transports component Expeditors International said Q2 earnings will fall within $0.38-$0.40, above consensus of $0.30. EXPD is a freight forwarder: they buy air and cargo space on big volume and then resell it to customers.
Stocks closed higher Tuesday, the sixth straight session of gains, as investors focused on earnings and shrugged off a downgrade on Portugal. .
What double dip? Two important blows against the "double dip" school today: GE CEO Jeff Immelt, in an interview on our air, said: "When you look at all the early indicators that we look at, like media buy, rail loading, passenger miles—all key early indicators—are trending better.
New data suggests shorts have fled stocks ahead of earnings. Does that suggest the only place to go is up?
The economy will continue to gradually recover, and doesn't appear headed for a slowdown, Michael Ward, chairman of CSX, told CNBC Tuesday.
Stocks opened higher Tuesday as investors shrugged off a downgrade on Portugal, instead focusing on earnings. The Dow jumped over 100 points at the start, led by Alcoa, after the company kicked off earnings season with a beat. Apple shares fell.
The global markets on a distinct three month pattern that begins with earnings and ends with policy makers. As a purveyor and observer of newsflow, there appears to be a distinct pattern to our investment world right now. Not surprisingly, it is a quarterly time frame.
S&P 500 futures are up almost 1 percent pre-open, Europe up 1 to 2 percent. This would be the sixth straight up day for U.S. markets. Yesterday, the S&P 500 posted its first 5-day win streak since April.
Here's what analysts and others say they're watching before the bell Tuesday.
The Dow pulled off its fifth straight gain Monday, led by Microsoft. Alcoa fell.
After the bell the Fast Money traders pored over results from Alcoa, in an attempt to game the stock and project trends going forward. What must you know?
Both beat earnings consensus: Alcoa by $0.01, at $0.13, and CSX by $0.09, at $1.07. At Alcoa, after tax operating income was above expectations in all four major segments: alumina, aluminum, and the downstream segments of flat rolled products and engineered products.
What follows is a roundup of corporate earnings reports for Monday, July 12.
Have fears of a double-dip recession made stocks ridiculously cheap? You might be surprised by what some widely followed analysts are saying!
U.S. stock index futures declined ahead of the open Monday in the wake of the strongest week for the major averages in almost a year and ahead of the start of a new earnings season.
Second quarter earnings season is likely to create a positive backdrop for stocks, at least temporarily.