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Stocks were mostly lower Thursday as worries about a tighter grip from Washington and some disappointing economic numbers offset the positive earnings momentum this morning. Techs were among the morning's biggest decliners, led by Apple and Qualcomm.
S&P futures were up about 3 points on: 1) President Obama's call for tax cuts and tax credits for small businesses, a focus on jobs and his statement that he is "not interested in punishing banks," 2) Ben Bernanke's likely survival of a procedural vote in the Senate, and 3) earnings beats from Ford, P&G, Motorola, Nokia, Lockheed Martin and Colgate.
A string of positive earnings reports gave a lift to Wall Street this morning as Ford Motor joined some key Dow components in beating expectations.
What follows is a roundup of corporate earnings reports for Thursday, Jan. 28.
Markets are riskier than they were a year ago, said Richard Peterson, director of markets, credit and risk strategies at Standard & Poor’s and Sarah Ketterer, portfolio manager at Causeway Capital Management. So how should investors prepare their portfolios in the coming weeks?
Defense contractor Lockheed Martin said Wednesday it plans to cut 1,200 jobs to lower costs as it combines two units.
President Barack Obama announced plans to send 30,000 more U.S. troops to Afghanistan in an accelerated deployment aimed at a quicker U.S. exit. Which stocks may see a rise as a result? Howard Rubel, aerospace and defense analyst at Jefferies & Co., and Alex Hamilton, senior analyst at Jesup & Lamont, shared their views.
All twelve of the S&P 500 Aerospace and Defense stocks were trading up this morning on the news that President Obama has decided to expedite the deployment of 30,000 troops to Afghanistan. Will the trend continue?
The Fed expressed confidence that a recovery is building—but said it will keep borrowing costs near zero for "an extended period." Is this good news for investors and the markets? Robert Doll, vice chairman and global CIO of equities at BlackRock, shared his insights.
Just look at the quarters, Cramer says.
Raytheon is scheduled to report earnings this morning, and traders are positioning for a move lower.
Following are the day’s biggest winners and losers. Find out why shares of UnitedHealth and BlackRock popped while Lockheed Martin and State Street dropped.
Stocks retreated Tuesday after several earnings reports beat expectations but economic numbers missed their targets. The Dow shed more than 50 points, or 0.5 percent, but still held above 10,000. The S&P and Nasdaq each lost about 0.6 percent.
Stocks retreated Tuesday after several earnings reports beat expectations but economic numbers missed their targets. Apple and Caterpillar surged after their earnings blew past forecasts.
Futures were poised for a modestly higher open on the strength of more earnings surprises from some of Wall Street's leading companies.
Northrop Grumman Chairman and CEO Ronald Sugar is retiring at the end of the year.
An advisory committee is set to present the President with his options for NASA after the space shuttle retires, according to reports and...it appears the committee favors outsourcing a lot of future work in space.
Following are the day’s biggest winners and losers. Find out why shares of Deere and UnitedHealth popped while Lockheed Martin and Moody’s dropped.
A late rally pushed stocks higher Tuesday following better-than-expected earnings from several Dow components. The Dow logged its seventh-straight gain, the Nasdaq, it's tenth.
The Dow advanced Tuesday as a slew of components beat earnings expectations. But there were pockets of weakness throughout the market, including chips, hardware, banks and retail. The Nasdaq was lower.