Your next visit at Olive Garden will likely look a little different.» Read More
Stocks reached new highs on modest gains Tuesday amid light trading and a series of good earnings reports and in the absence of key economic data. JPMorgan and Bank of America rose, while 3M fell.
Stocks rose as a series of strong earnings reports, coupled with M&A activity, gave a lift to market sentiment. JPMorgan and AmEx rose.
Trading volumes may be light, but there have been very little blocks of stock for sale in the past two weeks. Some say it is due to tax purposes, others just note that large vanilla funds need to hold on.
U.S. stock index futures gained ahead of the open Tuesday, following a mixed close in the previous session, as a clutch of strong earnings after the bell helped to boost investor sentiment.
Stocks traded mixed ahead in lackluster trading, although the S&P 500 and the Nasdaq hit new two-year highs on thin gains amid a lack of economic news. Alcoa and 3M rose, while American Express fell.
Stocks traded narrowly mixed amid thin trading and a lack of economic news as stocks struggled to move beyond recent highs. 3M and Alcoa rose, while AmEx fell.
Stocks slumped after opening higher as the dollar rose, but trading was light at the start of a holiday week. AmEx and Boeing sank, while BofA rose.
U.S. stock index futures rose ahead of the open Monday, but trading was light at the beginning of the week before Christmas.
Many see the S&P 500 scoring double-digit gains next year, finishing at 1400 or higher, because of a better economy, better earnings, better tone from Washington, and a better case for equities versus bonds.
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Grab the crayons and the kids' menus, families are dining out again. Restaurant visits from families or parties with children this past summer rose after three years of declining traffic, according to market researcher NPD Group.
Darden Restaurants, the operator of LongHorn Steakhouse, Olive Garden and Red Lobster, has never been one to look for a short-term pop from using discounts to lure diners into its restaurants, but that strategy can sometimes be tough for investors to swallow. As consumers begin dining out more, Darden's competitors have been easing off the discounts, and they've been seeing a big boost in their average check. This means it's not so easy for Dardent to outshine its rivals, and Darden's shares are taking a hit as a result. Chairman and CEO Clarence Otis defends the company's peformance in the latest quarter.
As the FDA continues to take testimony over whether a genetically engineered salmon by Aqua Bounty is safe to eat, environmentally sound to raise, and whether it requires special labeling, there is a bigger question. Would anyone eat it?
What follows is a roundup of corporate earnings reports for Tuesday, Sept. 21.
Stocks crossed an important threshold Monday to close sharply higher, but technicians are seeing mixed signals in the recent action.
Keep your eye on these other key data points and earnings reports as well.