Stocks fell Friday as computer-chip makers dropped on Microchip Technology's reduced forecast.» Read More
WINONA, Minn.— Fastenal Co. on Friday reported third-quarter net income of $133.3 million. The average estimate of analysts surveyed by Zacks Investment Research was also for earnings of 45 cents per share. Analysts expected $978.9 million, according to Zacks.
Stocks fell Tuesday, extending losses into a second day, amid increased signs of slowing growth in Europe and ahead of earnings.
Is the rest of the world going to bring down the U.S. Or are we going to be an economic locomotive pulling the rest of the world forward?
The companies increasing spending on upgrading equipment and facilities are actually investors’ favorites, USA Today reports.
U.S. stocks climbed on Friday, but closed lower for the week, as investors weighed Wells Fargo results and readied for a slew earnings ahead.
*Wells Fargo falls, but revenue tops forecasts. Wells Fargo& Co reported revenue that beat expectations, though for the first time since 2009, the bank did not increase its earnings-per-share from the preceding quarter. Fastenal Co slumped 4.6 percent to $45.92 after revenue missed expectations.
*Wells Fargo edges lower, but revenue tops forecasts. *Fastenal reports revenue below expectations. NEW YORK, July 11- U.S. stock index futures pointed to slight gains at the open Friday in a modest rebound from recent losses, though major indexes remained on track for their biggest weekly decline since April.
Some of the names on the move ahead of the open.
*Fastenal reports revenue below expectations. *The S&P 500 has fallen for three of the past four sessions, dropping Thursday on concerns over the financial health of Portugal's top listed bank. *Fastenal Co reported second-quarter revenue that was below expectations.
U.S. stock index futures indicated a lower open on Tuesday, as second-quarter earnings season gets underway.
The start to the earnings season begins with the release of quarterly results from Alcoa after Tuesday's close.
NEW YORK, July 4- With all the hoopla over the Dow topping 17,000 out of the way, the market's next focus will be whether the fast-approaching earnings season can justify U.S. stocks climbing further into record territory. Many factors point to a second-quarter earnings season poised to surprise substantially to the upside.
U.S. stock index futures were mostly lower Friday, following the release of JPMorgan Chase earnings.
U.S. stock index futures signaled a lower open on Thursday, with shares in Asia and Europe boosted after dovish minutes from the latest Fed meeting.
Fears of a China-led slowdown, softer U.S. data and a mixed bag of earnings news unleashed a selling wave in stocks.
The adage "As January goes, so goes the year" has created concern among traders who see the seesaws of 2014 as a negative.
Some of Wednesday's midday movers:
The stock market's blue Monday turned into turnaround Tuesday, so what about Wednesday?
Conquer the Morning! Conquer the Day! It's the new "Squawk Box" ad campaign and a chance to get to know the anchors better. Yep, our Talking Squawk blog is back.
Some of Friday's midday movers: