As the nation struggles with how to jump-start hiring in the US, one former CEO told CNBC Wednesday that a tax holiday for US-based multinationals could lead to job growth. However, experts on repatriation of profits say such breaks only rarely create jobs and the substantial amount saved by corporations on taxes usually lands in the hands of investors.
Honeywell CEO David Cote characterized his company's second quarter performance as a "rebound" on CNBC Monday, and said most sectors of the diversified U.S. manufacturer's businesses are strong.
Stocks rallied to a one-month high Friday, led by industrials, as the latest batch of earnings reports gave another shot of confidence to recovery hopes. Verizon, AmEx and GE all gained more than 3 percent.
By the end of the Friday’s session bulls were on the brink of pushing stocks into the green for the year and appeared to be picking up momentum.
Stocks rose sharply Friday, led by industrials, after investors digested through the results of the EU bank stress tests and embraced a handful of encouraging U.S. earnings reports from earlier this morning. GE jumped after the firm raised its quarterly dividend.
What follows is a roundup of corporate earnings reports for Friday, July 23.
U.S. stock index futures struggled to find direction ahead of the open Friday as investors waited for results from the European Union's bank stress tests and the next batch of corporate earnings.
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Stocks opened higher on Wednesday, following a rocky trading session yesterday that left the blue-chip index down 0.3 percent. How should investors be positioned? Ronald Weiner, president and CIO of RDM Financial Group and Charlie Smith, CIO of Fort Pitt Capital Group shared their market outlooks.
Stocks logged their biggest gains in over a year Monday after the EU and IMF agreed to a $1 trillion emergency-bailout package to stem the sovereign-debt crisis.
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The spectacle of Goldman Sachs executives being grilled before a Senate committee—and the potential bite of regulatory reform—could keep pressure on financial stocks.
Large companies, such as HP and AT&T, are asking the President to support polices that would ensure every consumer gets detailed information about energy dollars that will be spent on appliances or lighting options.
Better corporate profits and economic news could keep the market humming, as long as the slow fuse on the Greek debt situation doesn't end with a bang.
The Dow pulled off an eighth straight week of gains. It was a straight flush this week, with the Dow ending higher in five of five sessions this week, for a total gain of 1.7 percent.
Stocks erased their gains Friday as Microsoft, Travelers and Verizon weighed on the Dow after disappointing investors with their latest results.
At the annual dinner of the Securities Traders Association of New York (STANY) last night, the two main topics were: 1) why business is so awful, and 2) why the market does not go down. Like I've been saying: this is the most unloved rally of modern times...
What follows is a roundup of corporate earnings reports for Friday 23, 2010.