Stocks were little moved Wednesday as Wall Street caught its breath, a day after the S&P 500's first close above 2,000.» Read More
American Express Co. fell$. 88 or 1.0 percent, to $86.39. Capital One Financial Corp. fell$. 95 or 1.2 percent, to $78.84. Discover Financial Services fell$. 58 or 1.0 percent, to $60.23.
American Express Co. rose$. 25 or. 3 percent, to $87.52. Capital One Financial Corp. rose$. 40 or. 5 percent, to $80.19. Discover Financial Services rose$. 26 or. 4 percent, to $61.07.
OMAHA, Neb.— Billionaire Warren Buffett's company has revealed a new stake in Charter Communications Inc. and made several other tweaks to its $108 billion U.S. stock portfolio. Berkshire Hathaway Inc. filed an update on its portfolio with the Securities and Exchange Commission Thursday.
Warren Buffett's Berkshire Hathaway added Charter Communications to its stock holdings during the second quarter.
These six names are all trading at least 10 percent below their 52-week highs, and a number of other Dow stocks are less than 1 percentage point away.
Geopolitics are likely to dominate markets Friday, with traders sensitive to even small developments.
Stocks fell Thursday as Wall Street echoed action in European markets and tracked Ukraine news.
July 29- American Express Co reported a bigger-than-expected 9 percent rise in quarterly profit as more customers used its credit cards in a recovering U.S. economy.
*Dollar Tree offers to buy Family Dollar for $9.2 bln. *While merger and acquisition activity supported the market, there have been a number of high-profile earnings disappointments this quarter, including from Amazon.com and Caterpillar last week.
Asian equities were mostly higher on Monday, led by a rally in Chinese markets, on optimism about the health of the world's second-largest economy.
*Dollar Tree offers to buy Family Dollar for $9.2 bln. *While merger and acquisition activity gave investors a reason to buy, there have been a number of high-profile earning disappointments this quarter, including from Amazon.com and Caterpillar. *Dollar Tree Inc offered to buy Family Dollar Stores Inc for about $9.2 billion, or $74.50 per share in cash and stock.
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.
U.S. stocks finished lower on Friday weighed by Amazon's weak earnings and Visa's lowered outlook, in addition to ongoing geopolitical concerns.
*Visa, Amazon decline as earnings disappoint. NEW YORK, July 25- U.S. stocks closed lower on Friday in a broad consumer discretionary-led selloff after Visa and Amazon, a pair of closely watched bellwether names, reported disappointing results.
Visa is today's biggest loser among the Dow thirty after lowering its revenue forecast for the year, reports CNBC's Mary Thompson.
*Visa and Amazon latest major names to disappoint. NEW YORK, July 25- U.S. stocks fell on Friday in a broad consumer discretionary-led selloff after Visa and Amazon, a pair of closely watched bellwether names, reported disappointing results.
Visa lowered its outlook, and said the Russian sanctions are not impacting its business, reports CNBC's Mary Thompson.
Some of the names on the move ahead of the open.
*Third-quarter profit $2.17/ Class A share vs est. July 24- Visa Inc, the world's largest credit and debit card company, cut its revenue forecast for the year, as growth in cross-border transactions slowed amid a strengthening of the U.S. dollar.
*Caterpillar drags on Dow; Facebook at record on results. *Amazon shares fall after market's close; Baidu rallies. NEW YORK, July 24- U.S. stocks finished a quiet session mostly flat on Thursday as earnings painted a mixed picture of the economy, though the S&P 500 set another record closing high.