Stocks could chop around and rack up more losses in the week ahead, with the next wave of corporate earnings reports.» Read More
WASHINGTON— Labor Department releases Consumer Price Index for March, 8:30 a.m.. General Electric Co. releases quarterly results before the market opens. Reynolds American Inc. releases quarterly results before the market opens.
The Fed should not hike interest rates given current circumstances for the dollar and U.S. economic growth, ex-GE boss Jack Welch tells CNBC.
Former GE boss Jack Welch tells CNBC the deal to break up the company he helped create was a smart move since times have changed.
The financial services business is a changed game, says Jack Welch, former GE CEO, sharing his thoughts on Jeffrey Immelt's plan to reshape GE's business.
"We are the most profitable money manager in the world," Blackstone Chairman and CEO Steve Schwarzman tells CNBC.
General Electric Co. fell$. 27 or 1.0 percent, to $27.46. Snap-On rose $1.10 or. 7 percent, to $148.09. Whirlpool Corp. fell$. 86 or. 4 percent, to $194.95.
April 15- If shedding its financing arm did wonders for General Electric's stock price, maybe too-big-to-fail bank peers like Citibank and JP Morgan should consider similar moves. GE last Friday announced a plan to divest most of GE Capital, taking operating earnings from finance eventually down to less than 10 percent of the whole as compared to 57 percent in...
General Electric Co. fell$. 09 or. 3 percent, to $27.64. Snap-On rose$. 98 or. 7 percent, to $147.97. Whirlpool Corp. fell$. 85 or. 4 percent, to $194.96.
NEW YORK— A look at New York Stock Exchange 10 most-active stocks at the close of trading:. Alcoa Inc. fell. 2 percent to $13.34 with 34,214,000 shares traded. Bank of America Corp. fell 1.1 percent to $15.64 with 115,292,100 shares traded.
OMAHA, Neb.— In a story April 14 about an explosion at an Omaha rail car repair facility that killed two workers, The Associated Press erroneously reported that the workers' employer, Nebraska Railcar Cleaning Services, is operated by GE Capital Rail Services. Fire officials say 2 killed in blast near Omaha rail yard. OMAHA, Neb.— Omaha authorities said two people were...
NEW YORK— In some versions of an April 14 story about financial markets, The Associated Press erroneously reported that IBM plans to release its first-quarter financial results on Friday, April 17. A jump in JPMorgan Chase after the bank reported strong first-quarter earnings also helped push the blue-chip index higher. Wells Fargo slumped after reporting...
Jim Cramer gives a fresh dose of reality when he focuses investors on all of the positive inputs in the market right now.
General Electric Co. rose$. 10 or. 4 percent, to $27.73. Snap-On fell$. 27 or. 2 percent, to $146.99. Whirlpool Corp. rose $1.87 or 1.0 percent, to $195.81.
April 14- Shopify Inc, a Canadian e-commerce software maker, filed with U.S. regulators for an initial public offering of Class A common stock in Canada and the United States. Morgan Stanley, Credit Suisse and RBC Capital Markets are among the major underwriters for the IPO, the company said in a filing with the U. S Securities and Exchange Commission on Tuesday.
OMAHA, Neb.— Omaha authorities say one person is dead and another remains trapped inside a railroad tank car after a reported explosion Tuesday. Omaha Fire Battalion Chief Tim McCaw said one man was found on the ground near the tank car. Fire officials were still attempting to recover the man as of 5 p.m. Tuesday, after testing chemicals for a second time.
NEW YORK— A look at New York Stock Exchange 10 most-active stocks at the close of trading:. Alcoa Inc. rose. 6 percent to $13.37 with 21,751,200 shares traded. Avon Products Inc. rose 14.2 percent to $9.15 with 33,111,100 shares traded.
General Electric Co. rose$. 17 or. 6 percent, to $27.80. Snap-On fell$. 44 or. 3 percent, to $146.82. Whirlpool Corp. rose $2.68 or 1.4 percent, to $196.62.
One options trader is betting that General Electric will hold its recent gains for the next several months.
General Electric Co. fell$. 14 or. 5 percent, to $27.49. Snap-On fell$. 68 or. 5 percent, to $146.58. Whirlpool Corp. fell $1.40 or. 7 percent, to $192.54.
NEW YORK— Rising oil prices helped push the stock market mostly higher on Tuesday, but the gains were tiny as investors weighed a mix of encouraging and disappointing earnings reports. A jump in JPMorgan Chase after the bank reported strong first-quarter earnings also helped push the blue-chip index higher. Wells Fargo slumped after reporting that its...