What follows is a roundup of corporate earnings reports for Thursday, Feb. 18.
Cash sitting on the sidelines will eventually come back to the markets and investors should look into the following mid-cap areas, said Don Wordell, portfolio manager at RidgeWorth Capital Management.
The chairman, president and chief executive of Anadarko Petroleum received compensation valued at $22.2 million in fiscal 2008, a 17 percent decrease from the previous year, according to an Associated Press calculation of figures disclosed in a regulatory filing made Friday.
Oil and gas exploration company Noble Energy on Friday said it made an oil discovery offshore Equatorial Guinea.
Wall Street ushered in the Barack Obama presidency with a substantial drop in the Dow, amid fresh signs the global bank crisis is far from over.
Pisani's Third Law of Broadcast Journalism: "When stock traders talk about something besides the stock market, pay attention to the topic." Today, it's about commodities...
The two factors moving the market today were 1) the drop in oil, now down almost 10 percent in two days, and 2) the rally in financials.
Banks are oversold and cheap by historical standards, and while a few that report decent numbers will definitely bounce, it is unlikely to eliminate worries over more capital raising. There's additional worries, as now many are concerned with deterioration in other parts of the banks' portfolios...
With the ISM Numbers coming out today, this will be the first major economic indicator of the second quarter. The previous reading came in at 48.3 and consensus is for further contraction. Today's reading, just in, came in at 48.6 and is better than expected. Here are some stocks that moved after the last ISM reading.
In theory, Treasury Secretary Paulson's announcement that he wants to shake up the regulatory environment on Wall Street is the main news.