The strong dollar story has not changed, and many pros will tell you the currency has further to climb.» Read More
Results from large caps other than Apple & Boeing show "the global slowdown and the strength of the dollar working against robust earnings reports."
Americans love lower oil prices, low interest rates and a strong dollar, but companies are suffering, according to the New York Times.
Steve Grasso pokes holes in the tired bullish case for the stock market.
Deflation is an economic nightmare that is starting to look like a reality, and central bankers shouldn't be the only ones freaking out.
Currency headwinds are overhyped, Earnings Scout's Nick Raich told CNBC. Investors should pay attention to this instead.
LONDON, Jan 28- Stocks and the dollar retrenched on Wednesday amid speculation the Federal Reserve will take a dovish turn in its post-meeting statement later as signs emerge that the greenback's strength is hurting company profits. Worries that Greece's new government is heading for clashes with the rest of the euro zone over its debts saw European shares...
Wine is for drinking! Not for companies to complain. Jim Cramer advises sticking with domestic winners.
Apple's breath-taking results should be a welcome relief to investors worried about currency effects.
*Apple, P&G, Stryker also see headwinds. NEW YORK, Jan 27- A slew of U.S. multinational companies, from DuPont to Procter& Gamble, showed that a strong U.S. dollar hurt their earnings, and several blue-chip exporters said the situation will get worse if the greenback holds its strength. The pain is hitting multiple sectors, including industrial companies such as 3 M Co,...
Stocks dropped sharply on Tuesday, as earnings disappointed as did durable-goods data.
The Federal Reserve wants to see inflation tick up, but Ron Insana sees the U.S. and other countries missing inflation targets this year. Here's why.
Jan 27- Procter& Gamble Co, the world's largest household products maker, said it no longer expects sales and core earnings growth this year, joining a host of companies in blaming a strong dollar for disappointing results and outlooks. P&G, which derives roughly two-thirds of revenue outside the United States, also reported lower-than-expected quarterly...
WASHINGTON, Jan 27- A gauge of U.S. business investment plans fell for a fourth straight month in December, a potential sign that slowing global growth and falling oil prices were weighing on the economy. "The drop in will weigh on growth, though stronger consumer spending should keep GDP from slowing too much," said Chris Low, chief economist at FTN Financial in New...
*Caterpillar, Microsoft shares slide after results. NEW YORK, Jan 27- U.S. stocks tumbled on Tuesday, with Microsoft and Caterpillar shares down sharply after quarterly results, while an unexpected decline in durable goods orders also weighed on sentiment. Microsoft fell nearly 9 percent to $42.93 the day after the Dow component reported results.
Jan 27- Procter& Gamble Co, the world's largest household products maker, said on Tuesday that impact from a strong dollar would hurt earnings this fiscal year, with full year net sales likely to fall 3 to 4 percent, sending its shares down nearly 4 percent. Out of that, $1 billion would be as a result of currency devaluation in six countries- Russia, Ukraine, Venezuela,...
*Sees 2015 operating profit of $4- $4.20/ share vs est $4.46. Several companies, including Caterpillar Inc, Microsoft Corp and Procter& Gamble Co, have blamed the stronger dollar for their weak results and outlook. DuPont forecast 2015 operating earnings of $4- $4.20 per share, and said it expects sales "to be even with" 2014' s $34.72 billion.
Art Cashin, UBS director of floor operations, told CNBC on Tuesday that stocks were falling sharply in early trading because of an "ugly buffet" of news.
*Caterpillar, Microsoft shares slide after results. NEW YORK, Jan 27- U.S. stocks fell sharply on Tuesday, with Microsoft and Caterpillar shares tumbling after quarterly results, while an unexpected decline in durable goods orders also weighed on sentiment. Microsoft fell 10 percent to $42.27 the day after the Dow component reported results.
CNBC's Jim Cramer says markets will be "stupid" following the disappointing earnings reports released Tuesday.
*Caterpillar, Microsoft shares slide after results. NEW YORK, Jan 27- U.S. stocks were set to open sharply lower on Tuesday, with Microsoft and Caterpillar shares down more than 8 percent each after posting earnings, while an unexpected decline in durable goods orders also weighed on sentiment. Microsoft fell 8.4 percent in premarket trading the day after the Dow...