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Stocks opened lower Wednesday as a raft of companies beating earning estimates but failed to impress investors.
Anthony Viceroy, President of Global Operations, Porter Novelli writes, "Upon peering into its crystal ball late last year, the Economist dubbed 2009 "The Year of the CFO" — which sounds like a pretty exciting prospect for a guy like me. But in its article, the magazine went on to posit, “Recession, credit crunch and the increasingly complex nature of global companies will all play directly into the bean counter’s hands......that’s harsh"
Earnings season continues in earnest Wednesday, as we roll on with a week that will ultimately see 25 percent of the S&P 500 report their quarterly numbers.
It finally listed. It didn't sell. In a shocking development, no bids came through for the $1.1 million Microsoft Xbox autographed by Sarah Palin.
After hours, the traders poured over the latest earnings from Apple and Texas Instruments. What do their numbers say about tech firms reporting later this week?
With Apple, Yahoo!, eBay and so many other tech earnings coming this week, what are the Fast Money traders watching?
Google handily beat analysts' expectations for both profit and revenue on Thursday. It was the company's strongest sequential revenue growth in more than a year, as the advertising business showed signs of recovery from the global recession. Heath Terry, media and Internet analyst at FBR Capital Markets shared his earnings analysis and company outlook.
The company soundly beat on the top and bottom lines, with $2.40 a share on $23.6 billion. And most importantly, IBM did indeed raise its full year EPS guidance, from $9.70 to $9.85 a share.
Bank stocks slipped Thursday after results from Goldman and Citi failed to live up to heightened expectations. Is the dip a buying opportunity?
The S&P 500 reached a new 52-week high this morning, following strong quarterly reports from JPMorgan and Intel. As investors cheered the news, a total of 111 stocks in the S&P 500 hit new 52-week highs in today's trading session.
Stocks fell on Tuesday after the Dow closed near the 10,000 mark on Monday. What is the best move for investors now? Roy Williams, CEO of Prestige Wealth Management, and Bill Smead, CEO and CIO of Smead Capital Management, shared their investment insights.
The markets will continue to grind higher, propelled by forthcoming reports that will show growing strength in the economy, said Alec Young, equity strategist at Standard & Poor's, and Benny Lorenzo, CEO of Kaufman Brothers.
The United Football League kicks off tonight with the California Redwoods taking on the Las Vegas Locomotives at 9 p.m. ET on Versus. It’s hard enough to start a new football league from scratch and it’s even harder to do that during these trying economic times. I sat down with the league’s chief operating officer Frank Vuono.
Plus, could eBay save the Sunshine State from its housing collapse?
Norma Kamali didn't exactly see the recession coming. She just happened to be positioned perfectly when it hit.
Following are the day’s biggest winners and losers. Find out why shares of Mosaic and NutriSystem popped while Vimpel-Comm and St. Jude Medical dropped.
A Microsoft Xbox360 which appears to sport the autograph of former Alaska Gov. Sarah Palin is back up on Ebay, maintaining its original asking price of $1.1 million. Thanks to Funny Business readers who alerted me.
The Lightning Round is extended in this CNBC.com exclusive feature.
One of the most highly scrutinized pieces of spending by public companies during the economic downturn was sports sponsorship and bringing clients to live sporting events. And it made sense. Companies that said they used sports to do business didn’t do a particularly good job of publicly rationalize that spend.
It's been a weird week, and we have a weird list of outrageously less-than-stellar performances in the world of business. Here are our nominees. Vote for your favorite in the poll below.