A crush of big cap earnings and arguably the most important economic reports until September make next week the busiest of the summer for markets.» Read More
Stocks rallied to new highs as the S&P 500 Index reached its highest close since Lehman Brothers went bankrupt in September 2008 amid light trading and several strong earnings reports. Bank of America and JPMorgan rose, while 3M fell.
Stocks reached new highs on modest gains Tuesday amid light trading and a series of good earnings reports and in the absence of key economic data. JPMorgan and Bank of America rose, while 3M fell.
The FCC voted to approve the first ever broad regulations of the Internet, but they were adopted reluctantly—the rules have been so adapted and compromised that people on both sides of the aisle are frustrated.
Stocks closed off session highs, yet the Dow still hit its highest level since before Lehman Brothers collapsed as Treasury yields soared in the wake of the Federal Reserve's reaffirmation of its decision to buy bonds to stimulate the economy. AT&T and Kraft rose, while JPMorgan fell.
Stocks trimmed some gains but remained mostly higher Tuesday after the Federal Reserve reaffirmed its decision to buy bonds to stimulate the economy and left short-term interest rates unchanged. Kraft and Microsoft rose, while JPMorgan fell.
Stocks continued to trade higher Tuesday after a handful of mostly strong economic reports, and despite weak earnings from leading electronics retailer Best Buy, as investors await news from the Federal Reserve's meeting this afternoon. Boeing and Cisco rose, while JPMorgan fell.
"Technology-driven deflation" via the Internet has compressed margins for all kinds of middlemen, said James Chanos, president and founder of Kynikos Associates. And expect the trend to continue going forward, he warned.
The Federal Communications Commission will consider changes to the rules governing negotiations between cable providers and broadcast networks to prevent broadcast stations from removing their signals from cable companies if the parties fail to agree on retransmission fees. The New York Times reports.
Lawmakers examining the Federal Trade Commission’s recommendation for a “do not track” mechanism to restrict the monitoring of Internet users said that they supported stricter safeguards for consumer privacy, but raised questions on how the system would work. The New York Times reports.
Gamemakers battle it out, consumers lose interest in 3-D technology and celebrities monetize their brands.
It makes sense: if people are dropping the lowest-tier cable service because it's too expensive, give them a cheaper option. That's what Time Warner Cable is experimenting with now: it'll test a less expensive TV package called "TV Essentials" targeting lower income consumers.
Cable companies need to adapt to the ever-changing needs of its customers or risk losing them for good.
The "Fast Money" traders discussed some market movers you might have missed this past week.
Here's why you should keep a close eye on these six stocks.
Stocks surged to two-year highs on Thursday as all the major indexes rose beyond their closing highs for the year in the wake of the Federal Reserve's decision to buy $600 billion in Treasury bonds to boost the economy and news that President Obama said he was open to extending the Bush-era tax cuts to all income levels. JPMorgan and BofA gained.
What follows is a roundup of corporate earnings reports for Thursday, Nov. 4.
Despite reporting earnings that were just in line with expectations, DirecTV shares have been trading off about 3 percent all day. Why? The satellite TV provider's earnings were in line with expectations, but the stock has gained 15 percent since August, without a pause.
Stocks continued to soar to new highs for the year Thursday, with banks getting a boost from news the Fed will allow "healthy" institutions to raise their dividends. BofA and JPM gain.
Earnings from giant Time Warner Cable and the smaller Cablevision told a very specific story about the cable business and about the state of the American consumer.
Time Warner Cable beat profit estimates and announced a $4 billion massive share buy-back on Thursday, sending shares up sharply, despite losing 155,000 basic cable subscribers.