In more than 30 years around Wall Street, “Mad Money” host Jim Cramer has seen a lot, but not this.» Read More
Stocks wobbled Friday, a day after the ECB unfurled a large asset-purchase program.
*4th- qtr earnings/share $1.43 vs est. Jan 23- Honeywell International Inc reported a slightly better-than-expected quarterly profit, as an improving U.S. economy helped boost sales at the company's division that makes sensors, safety systems and airconditioning equipment. Honeywell shares rose as much as 4.6 percent to a record $103.92 on the New York Stock...
GE posted a rise in profit, helped by its units selling power-generating turbines and jet engines, although sales in its oil and gas unit slumped.
Some of Friday's midday movers:
Jan 23- General Electric Co reported a 9 percent rise in quarterly industrial profit on Friday as its businesses that sell power-generating turbines and jet engines helped offset weak sales in its oil and gas unit. "It's going to be an albatross... as long as energy prices stay low," said Tim Ghriskey, chief investment officer of Solaris Asset Management.
Stocks have been off to a rocky start, but that is now starting to change as we enter the heart of earnings season.
Honeywell reported better-than-expected profit, on higher sales at its division that makes sensors, safety systems and air conditioning equipment.
U.S. stock index futures signaled a higher open after the ECB detailed plans of a larger-than-expected bond-buying program Thursday.
Jan 23- Honeywell International Inc reported a better-than-expected quarterly profit, as an improving U.S. economy helped boost sales at the company's division that makes sensors, safety systems and airconditioning equipment. Sales in Honeywell's automation and control business increased 2.8 percent to $3.85 billion. Net income attributable to...
MORRISTOWN, N.J. _ Honeywell International Inc. on Friday reported fourth-quarter earnings of $956 million. The average estimate of analysts surveyed by Zacks Investment Research was for earnings of $1.42 per share. Honeywell expects full-year earnings in the range of $5.95 to $6.15 per share, with revenue in the range of $40.5 billion to $41.1 billion.
Jan 23- Honeywell International Inc, a maker of cockpit electronics and climate control systems, reported a 1 percent rise in quarterly profit mainly due to a lower tax bill. Net income attributable to Honeywell rose to $956 million, or $1.20 per share, in the fourth quarter ended Dec. 31 from $947 million, or $1.19 per share, a year earlier. Total revenue fell 1.1...
Jan 22- For massive conglomerate General Electric Co, the plunge in oil prices stands to both help and hurt. Since 2007, GE has invested $14 billion in this once-fast-growing unit through acquisitions. "We recognize that lower oil prices will affect this business, but no one knows how much yet," said Charlie Smith, chief investment officer of Fort Pitt Capital, which...
Earnings season is back, baby! The direction of the market depends on these key companies.
Susan Byrne, a member of the "Squawk Box" Portfolio Challenge, likes three companies that raised their dividends three times each over the last decade.
NEW YORK, Jan 13- U.S. companies are increasingly penalizing workers who decline to join "wellness" programs, embracing an element of President Barack Obama's healthcare law that has raised questions about fairness in the workplace. Among the two-thirds of large companies using such incentives to encourage participation, almost a quarter are imposing...
TORONTO/ MONTREAL, Jan 8- A long-delayed proposal to outfit commercial airliners with ejectable "black box" recorders may have a better chance of being adopted following the AirAsia crash in the Java Sea, according to three sources at the U.N. global aviation body. "I think there's a more positive attitude now because of the last few accidents," he said in reference to...
There are three macro themes that are continuing to play out in 2015, all driven by bandwagon mentality.
The focus at the International Consumer Electronics Show this year will be on improving ideas already in the marketplace.
With such awesome GDP data announced Tuesday, Cramer gives the inside scoop on which stocks fund managers will be buying as a result.
It’s alive! "Mad Money" host Jim Cramer has the way to play an industry that’s buzzing again.