Quarterly earnings growth and clues from companies' commentaries will tell whether there really will be a bounce back in growth in the second half.» Read More
BERLIN, July 13- It has taken a quarter of a century longer than hoped but Berlin is now glimpsing the prosperity that was supposed to land in its lap after the Wall came down in 1989 and it was restored as the jubilant capital of Germany.
*Wells Fargo falls, more banks' earnings due next week. Shares of Wells Fargo& Co., down 0.5 percent at $51.54, were in the spotlight as the biggest U.S. mortgage lender was the first major U.S. bank to report earnings. Wells Fargo's results will be followed next week by earnings from Citigroup, Goldman Sachs, JPMorgan Chase and Bank of America.
WASHINGTON— Commerce Department releases retail sales data for June, 8:30 a.m.; Commerce Department releases business inventories for May, 10 a.m.. BERLIN— Germany's ZEW institute releases its monthly index of investor confidence in Europe's biggest economy.
General Electric Co. rose$. 22 or. 8 percent, to $26.42. Snap-On fell$. 09 or. 1 percent, to $117.75. Whirlpool Corp. rose$. 96 or. 7 percent, to $140.17.
NEW YORK— A look at New York Stock Exchange 10 most-active stocks at 1 p.m.:. Advanced Micro Devices Inc. rose 1.6 percent to $4.36 with 13,140,600 shares traded. Bank of America Corp. fell. 2 percent to $15.41 with 32,022,500 shares traded.
General Electric Co. rose$. 02 or. 1 percent, to $26.22. Snap-On fell$. 15 or. 1 percent, to $117.69. Whirlpool Corp. rose $2.96 or 2.1 percent, to $142.17.
NEW YORK, July 11- General Electric Co's second-quarter earnings report next Friday comes soon after it prevailed in a two-month fight to acquire the power assets of France's Alstom.
General Electric Co. fell$. 13 or. 5 percent, to $26.20. Snap-On fell $1.13 or. 9 percent, to $118.05. Whirlpool Corp. fell $2.08 or 1.5 percent, to $139.03.
NEW YORK— A look at New York Stock Exchange 10 most-active stocks at 1 p.m.:. Advanced Micro Devices Inc. rose 2.6 percent to $4.34 with 28,731,400 shares traded. Alcoa Inc. rose 1.1 percent to $15.86 with 15,807,700 shares traded.
July 10- General Electric Co said on Thursday it picked France's Safran SA, Japan's IHI Corp and Germany's MTU Aero Engines AG to work on the GE9X engine that will power Boeing Co's new 777 X aircraft. GE told Reuters the companies chosen would share about 25 percent of the GE9X program, with Safran holding the largest share.
General Electric Co. fell$. 12 or. 5 percent, to $26.20. Snap-On fell $1.59 or 1.3 percent, to $117.59. Whirlpool Corp. fell $2.64 or 1.9 percent, to $138.47.
LONDON, July 9- According to the popular narrative, coal is locked in a fight to the death with natural gas and renewables to supply clean electrical energy. Promoters of gas, wind and solar often talk about coal as if it were not just a rival but an enemy.
NEW YORK— A look at New York Stock Exchange 10 most-active stocks at 1 p.m.:. Advanced Micro Devices Inc. fell 1.5 percent to $4.20 with 18,636,100 shares traded. Bank of America Corp. fell 2.1 percent to $15.60 with 45,309,500 shares traded.
General Electric Co. fell$. 32 or 1.2 percent, to $26.44. Snap-On fell$. 71 or. 6 percent, to $118.70. Whirlpool Corp. rose $2.54 or 1.8 percent, to $142.70.
General Electric Co. fell$. 28 or 1.0 percent, to $26.47. Snap-On fell$. 70 or. 6 percent, to $118.71. Whirlpool Corp. rose$. 71 or. 5 percent, to $140.87.
*India's giant railway system is slow, congested. India's state-owned railways are the fourth-largest in the world. "The bulk of our future projects will be... by the PPP model," Railway Minister Sadananda Gowda told India's parliament in his first budget, referring to public-private partnerships.
SAO PAULO— Thieves raided a Samsung electronics factory in Brazil during the night shift early Monday, subdued workers and guards, and made off with at least $6 million worth of cellphones and computers.
MILAN/ PARIS, July 4- Late on May 23, Italian financier Andrea Bonomi phoned executives at his country's two largest banks seeking more than 200 million euros in loans to help him bid for French holiday resort company Club Mediterranee.
NEW YORK— A look at New York Stock Exchange 10 most-active stocks at the close of trading:. Advanced Micro Devices Inc. fell 2.3 percent to $4.24 with 22,430,700 shares traded. Bank of America Corp. rose 1.1 percent to $16.03 with 65,893,000 shares traded.
General Electric Co. rose$. 25 or. 9 percent, to $26.86. Snap-On rose $1.05 or. 9 percent, to $120.36. Whirlpool Corp. rose $2.28 or 1.6 percent, to $142.54.