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Stocks are lower as investors shrug off a positive government report on consumer spending and a raft of mergers and acquisitions news. bank of America, Amex fell, while H&P rose.
U.S. stock index futures are lower after the government reported consumer spending rose at the strongest pace in four months, Hewlett-Packard announced a stock buyback, and as investors digested merger and acquisition news.
Beaches have been cleaned of crude, the leak has been plugged and some cities never had oil wash ashore at all. Still, tourists stay away from what they fear are oil-coated coastlines—a perception officials say could take years to overcome and cost the region billions of dollars.
S&P futures initially dropped about 10 points following a very poor non-farm payrolls report. July payrolls fell 131,000, more than double the 60,000 decline expected by economists. Government job losses were particularly notable. The key reading of private sector jobs also disappointed the Street (gain of 71,000 vs. gain of 83,000 consensus).
What follows is a roundup of corporate earnings reports for Thursday, Aug. 5.
Yesterday (Wednesday), the state Senate in New York threw up a roadblock to the state’s plan to tap into its slice of the Marcellus Shale natural gas pie. The Senate approved a mandate for a moratorium (there’s that word again) on new drilling permits through May 15, 2011, to allow the state to study the effect of hydro-fracking on the water supply.
What follows is a roundup of corporate earnings reports for Thursday, July 29.
Southwest Airlines reported record revenue and earnings growth Thursday and all signs point to continued growth for the low-cost airline, Gary Kelly, chairman and CEO said on CNBC Thursday.
Weekly jobless claims will again be a big event for Thursday's markets, and economists think the number will not really show any improvement.
What follows is a roundup of corporate earnings reports for Thursday, Jan. 22.
After two dreadful years, including a $4 billion loss in 2009, 2010 will should solid profits, starting with second-quarter earnings due out next week.
Investors concerned about a double-dip can shield themselves with large-cap companies that have global reach and ample cash to withstand a slowdown.
The markets opened higher, but the Dow rally of 175 points was denied. But our traders see some positives in it all.
Southwest CEO Gary Kelly talks about the Spirit Airlines strike.
Cramer makes the call on viewers' favorite stocks.
As I’m sure you know by now, Detroit Tigers pitcher Armando Galarraga lost his perfect game last night when first base umpire Jim Joyce called the 27th batter –- Jason Donald -– safe at first base. It’s not just a bad call, the whole thing has financial ramifications.
Plus, get calls on Apple, AT&T and more.
Both the S&P and Dow closed higher on Wednesday after investors rushed into the market late day and gobbled up stocks. Why now?
Sellers dominated May with the Dow's total monthly loss totaling 8%; that's the worst May drop since 1940. Are we in for a cruel summer?
As investors brace for what could be another roller coaster ride for the stock market this summer, CNBC.com conducted a stock screen of the S&P 500 index, searching for the top ten percentage gainers in the past ten years.