A number of companies are improving their outlooks for the future, but the retail sector remains cause for concern amid a shift in consumer habits.» Read More
CLEVELAND _ Parker-Hannifin Corp. on Tuesday reported fiscal second-quarter net income of $267.3 million. Parker-Hannifin expects full-year earnings in the range of $7.90 to $8.30 per share. Parker-Hannifin shares have decreased nearly 5 percent since the beginning of the year, while the Standard& Poor's 500 index has stayed nearly flat.
Oct 28- Alevo Group, which has kept its energy storage technology secret for a decade, unveiled it on Tuesday, and said it has struck deals aimed at deploying its batteries in power grids in China and Turkey. The Martigny, Switzerland- based company has yet to sign up any U.S. customers but said on Tuesday that it has reached a deal with China-ZK International Energy...
Honeywell International's aerospace revenue beat some analysts' forecasts, while the division's profit margins improved. "The aerospace segment is the place to be in industrial," said Charlie Smith, chief investment officer of Fort Pitt Capital, which holds Honeywell and GE shares. Friday's results could bode well for other diverse manufacturers with...
As the U.S. economy picks up momentum, so are industrial stocks. The recent dip in the market makes this an opportunity for savvy investors.
First, the good news: we have safely put January behind us. Now for the bad news.
Stay away from consumer-focused companies, Ron Sloan of Invesco says.
Many companies continue to pick up the tab for CEOs' spouses who accompany them on business trips. USA Today reports.
The "Fast Money" traders share their final trades of the day.
This is a big week for earnings, but there are some encouraging signs that both earnings and guidance are not going to be as disappointing as feared.
A lot of traders are eager to see the market drop three to five percent so they can buy lower going into the end of the year. However, so far, so far that's been wrong.
May trade balance figures showed the deficit narrowed considerably, which is a big positive for gross domestic product (GDP).
It's time to count on earnings growth in cyclical names, Invesco's Ron Sloan says.
Revenue shortfalls continue; companies seeking to raise dividends, increase buybacks.
Good news to see some cyclicals (Materials, Energy, Tech) trading up; not good to see all 20 Dow Transports down earlier in the day.
A few stocks still hold value, C.T. Fitzpatrick of Vulcan Value Partners says.
Sectors that capture the global economy are down today: transportation, multi-industry, and tech stocks.
Something interesting is happening: Individual stocks are moving on earnings without dramatically affecting their sectors.
One earnings theme that is emerging: In the absence of clear top-line growth, companies are emphasizing what they can control — costs and capital expenditures.
The S&P 500 could take a swing at 1500 in the near future if earnings news doesn't trip it up.
Take a look at some of Thursday's midday movers: