U.S. stocks closed higher for a second session on Monday as Wall Street weighed moves by the Fed.» Read More
LOS ANGELES, Oct 31- U.S. solar company First Solar Inc on Thursday reported quarterly results that blew past estimates and raised its earnings outlook for the year as it began recognizing revenue from a major project in California, sending shares higher. First Solar shares were up 6.2 percent at $53.40 in extended trade after closing at $50.30 on the Nasdaq.
Westwood Holding Group’s Mark Freeman has investment recommendations for companies less dependent on Fed stimulus.
*Comcast beats Street on EPS by four cents. Oct 30- A top Comcast Corp executive said on Wednesday that the company is in talks to license its latest technology, called X1, to other cable operators, which would help the industry better compete with telecom and satellite rivals.
Oct 30- Comcast Corp posted net income that beat analyst estimates on Wednesday as the company generated more cash flow at its cable unit and media arm, NBC Universal, than it had a year ago. Comcast's cable unit, which has the most U.S. subscribers of any cable company with 21.6 million video customers, missed estimates in some key areas.
Comcast posted a drop in earnings that was milder than expected as its NBCUniversal media subsidiary overcame the absence of Olympics programming.
Oct 29- Life and mortgage insurer Genworth Financial Inc reported its eighth straight quarterly profit as losses narrowed in its U.S. mortgage insurance business due to a recovering housing market.
*JetBlue shares down nearly 3 percent. Oct 29- JetBlue Airways Corp's quarterly earnings missed Wall Street estimates because of rising costs, and the airline said on Tuesday that it would delay Embraer jet deliveries over the next three years to cut expenses.
HANOI, Oct 29- National carrier Vietnam Airlines has placed an order for General Electric engines to power its Boeing Co 787 Dreamliners in a deal worth around $1.7 billion, a source with knowledge of the transaction said on Tuesday.
Take a look at some of Monday's midday movers:
Eike Batista's OGX—the cornerstone of his short-lived mining, energy and shipping empire—is expected to file for bankruptcy as early as this weekend.
SALMON, Idaho, Oct 25- A General Electric Co subsidiary has dropped its appeal of a federal court order barring a massive shipment of tar sands oil-field equipment from being trucked along a scenic Idaho roadway that cuts through the Indian homelands of the Nez Perce Tribe.
Sept 24- Privately held power generator Competitive Power Ventures started construction on the $845 million Woodbridge natural gas-fired power plant in New Jersey on Wednesday.
LONDON, Oct 24- WPP, the world's largest advertising company, posted third-quarter organic revenue well ahead of expectations on Thursday, snapping up new work as its two biggest rivals focus on merging their businesses.
Many companies continue to pick up the tab for CEOs' spouses who accompany them on business trips. USA Today reports.
The Paris- based OECD published letters from European companies including Diageo and Gazprom and groups representing the biggest U.S. multinationals asking it to reconsider proposed measures on transparency and on tackling tax avoidance, saying the plans could hit trade and investment.
Oct 23- APR Energy has agreed to buy General Electric's power rental business for $314 million in cash and stock, consolidating its position in the temporary power market and making GE its biggest investor.
The former General Electric chief said that the JPMorgan settlement is "just the beginning" and that other companies will be pursued.
Corporate America's third quarter report card is not great, but it's good enough to keep stocks moving higher.
The "Mad Money" host has two cautionary tales of why expectations matter during earnings season.
NEW YORK, Oct 21- RadioShack Corp has secured a fresh round of financing from GE Capital, two people familiar with the matter said on Monday. General Electric Co's GE Capital will extend $835 million in new financing secured by inventory and other assets- $585 million in the form of a credit facility and $250 million in a second-lien term loan, one of the people said.