Mondelez reported a miss on the strength of the dollar and challenging economic conditions overseas.» Read More
U.S. multinationals, universities, and non-profits are allowing female employees to defer travel to where the Zika virus has been reported.
U.S. stock index futures pointed to a mostly higher open on Wednesday after a better-than-expected ADP jobs report.
DEERFIELD, Ill. _ Mondelez International Inc. on Wednesday reported a fourth-quarter loss of $729 million, after reporting a profit in the same period a year earlier. The average estimate of 10 analysts surveyed by Zacks Investment Research was for earnings of 49 cents per share. Mondelez shares have decreased slightly more than 6 percent since the beginning...
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U.S. stock index futures pointed to a higher open on Wednesday ahead of a statement from the Fed this afternoon and more earnings.
Central bankers are expected to leave the door open for an interest rate hike in December.
Expectations are low that the Fed will provide any new policy insight next week, and focus should stay on economic reports and a flood of earnings.
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