NEW YORK, Nov 1- U.S. money markets showed signs of returning to normal on Thursday after a devastating storm disrupted major markets earlier this week and caused Wall Street firms, U.S. banks and companies to scramble for cash.
NEW YORK, Oct 26- U.S. stocks edged lower on Friday, as investors fretted about Apple's weaker-than-expected results- the latest in a string of lackluster earnings- and signs that economic growth is still not strong enough to make a significant reduction in unemployment. Apple's stock lost 1.4 percent to $601.18.
*Dow off 0.3 pct, S&P 500 off 0.5 pct, Nasdaq off 0.6 pct. NEW YORK, Oct 26- U.S. stocks fell on Friday, as investors fretted about Apple's weaker-than-expected results- the latest in a string of lackluster earnings- and signs that economic growth is still not strong enough to make a significant reduction in unemployment.
*Arch Coal surges after results. ``The fact that this was a two percent GDP number is still pathetic in the overall scheme of life- we ought to be growing at four percent, not two percent,'' said Phil Orlando, chief equity market strategist, at Federated Investors, in New York.
*Arch Coal surges after results. ``The fact that this was a two percent GDP number is still pathetic in the overall scheme of life- we ought to be growing at four percent, not two percent,'' said Phil Orlando, chief equity market strategist, at Federated Investors, in New York.
*Arch Coal surges after results. ``Futures are coming back simply because this GDP number was above the consensus number,'' said Phil Orlando, chief equity market strategist, at Federated Investors, in New York.
Stocks closed mostly lower Friday after investors found little to like in weak corporate earnings reports and news of only tepid growth in the U.S. economy in the third quarter. The morning gains came after the Commerce Department estimated that the U.S. economy expanded at a 2 percent annual rate from July through September.
PITTSBURGH-- Federated Investors Inc. said Thursday its third-quarter net income jumped as demand for stock investments remained brisk. Federated reported its net income rose to $55.8 million, or 54 cents per share, in the July-September quarter, up 46 percent from $38.3 million, or 37 cents per share, in the third quarter of 2011..
Shares of Netflix rose 41.7 percent in the first five trading sessions of the year, posting their largest five-day percent gain since October 2002.
Is a hidden gem getting lost amid Google's dominating position in Web search and advertising and the tech giant's rising position with its Android software?
The latest data on short interest reveals that consumer discretionary stocks have the highest average short interest standing at 5.6 percent.
What follows is a roundup of corporate earnings reports for Thursday, Jan. 27.
There’s no stopping Chinese IPOs. Twenty-four of them this year—double last year, according to Renaissance Capital. And investors love them: Bidding them up on average by 13 percent on the first day of trading. Why care?
Stocks pared gains but remained significantly higher Wednesday as the dollar slumped, commodities soared, and a series of better-than-expected earnings reports gave investors confidence in the economy's health. Cisco and American Express rose, while Intel and JPMorgan fell.