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Believe it or not, "Some bedding veterans don't believe that sex should be discussed on the sales floor."
Stocks closed higher Friday, with the S&P 500 ending above 1,500 and logging its longest winning streak since November 2004, boosted by a batch of upbeat earnings. All three major averages turned in their fourth-consecutive weekly gain.
U.S. stock index futures were higher Friday, a day after the S&P 500 logged its seventh-straight rally, following a batch up upbeat earnings reports and ahead of a key housing report.
Check out which companies are making headlines before the bell on Friday:
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Check out which companies are making headlines after the bell Thursday:
A flood of earnings reports, including major technology and industrial companies, could make or break the stock market’s surprise January rally in the week ahead.
NEW YORK-- Stocks that moved substantially or traded heavily Wednesday on the New York Stock Exchange and Nasdaq Stock Market:. Corning Inc., down $1.26 at $12.15. Lorillard Inc., down $4.08 at $111.70.
CNBC's Herb Greenberg takes a look at why earnings are getting clobbered this quarter and many companies are lowering their guidance.
NEW YORK-- The steep losses stopped Wednesday as the stock market turned calm, a day after one of its biggest sell-offs of the year. "Today we're assessing the damage," said Mark Luschini, chief investment strategist at Janney Montgomery Scott. " DuPont, 3 M, UPS and Xerox all reported lower sales than a year ago.
NEW YORK-- Shares of Tempur-Pedic slumped in premarket trading Wednesday after it posted disappointing third-quarter results and slashed its outlook for the year. Tempur-Pedic International Inc., known for its memory foam mattresses, said tough competition is hurting its North American business, while weakness in Europe is weighing on its global business.
Check out which companies are making headlines after the bell Tuesday.
*Softbank slumps 17 pct, in talks to invest in Sprint Nextel. TOKYO, Oct 12- Japan's Nikkei share average slipped to a fresh two-month low on Friday, with Softbank Corp. tumbling 17 percent after the wireless service provider said it was in talks to invest in U.S. firm Sprint Nextel.
TOKYO, Oct 12- Japan's Nikkei share average slipped to its lowest close in more than two months for the second day in a row on Friday, with Softbank Corp. tumbling 17 percent after it said it was in talks to invest in U.S. firm Sprint Nextel. But losses were capped by gains in exporters gained as news of the potentially huge deal helped weaken the yen.
*Softbank slumps 16 pct, in talks to invest in Sprint Nextel. dropping 16 percent after it said it was in talks to invest in U.S. firm Sprint Nextel.
In response, Goldman Sachs and J.P. Morgan cut their price targets on the operator of casual clothing chain Uniqlo. Goldman Sachs reduced its price target to 20,500 yen from 21,000, although it kept its' buy' rating. J.P. Morgan lowered its price objective to 15,000 yen from 16,400, but maintained its' neutral' rating.
*Softbank slumps 15.3 pct, in talks to invest in Sprint Nextel. said it was in talks to invest in U.S. firm Sprint Nextel.
TOKYO, Oct 12- Japan's Nikkei average rebounded in early trade on Friday from its lowest close in more than two months, but gains were capped by a 9 percent slide in index heavyweight Fast Retailing. The Nikkei added 0.1 percent to 8,555.45, while the broader Topix. advanced 0.7 percent to 718.66.
TOKYO, Oct 12- Japan's Nikkei average is likely to rebound on Friday from its lowest close in more than two months, but concerns over the quarterly earnings season means the benchmark is still on track for a fourth straight week of losses. Mobile operator Softbank Corp will be in focus as it looks to buy roughly 70 percent of U.S. Sprint Nextel Corp.
*Car parts maker Tokai Rika sags after Toyota recall. *KDDI climbs after J.P. Morgan lifts price target. TOKYO, Oct 11- Japan's Nikkei share average fell to its lowest close in more than two months on Thursday on mounting fears that upcoming corporate earnings will be weak after the U.S. results season got off to a slow start.