What follows is a roundup of corporate earnings reports for Wednesday, July 21.
U.S. stock index futures pointed to a positive open for Wall Street Wednesday after better-than-expected earnings from Apple that came after the bell Tuesday.
Apple proved once more its iProducts make for a powerful earnings machine, but that may not add much juice to tech shares Wednesday.
Stocks were lower on Tuesday as another batch of earnings reports showed weak revenues and more signs of a struggling housing market appeared. Neil Hennessy, portfolio manager and CIO of Hennessy Funds, and David Goerz, CIO of Highmark Capital, shared their market insights.
JPMorgan Chase CEO Jamie Dimon talks to the New York Times about Wall Street in the post-crisis era, his relationship with President Obama, and his reputation as a financial superstar.
Hoping to succeed where Washington has largely failed, New York City’s comptroller, John C. Liu, and six large unions plan to begin a campaign on Wednesday to press the biggest banks to do more to prevent foreclosures in the New York area.
Investors are jittery about the stock market's decline to a 10-month low earlier this month, and many are piling into bonds. But they may have more to lose in the form of higher taxes.
Stocks opened higher Tuesday, rebounding off of their worst week in a couple of months, led by financials and techs.
General Electric's finance division, GE Capital, hired a new chief risk officer from Wells Fargo, the company said Thursday.
Once dominant, and then dormant, commercial real estate loans are beginning to show signs of life on the trading floor after a two-year slump. The NYT reports.
Documents unsealed in a three-year-old lawsuit against Dell show that the company was aware of bad components in millions of computers sold from 2003 to 2005. The New York Times reports.
Why Cramer thinks most every company is threatened by the government and how that is sending stocks lower.
Not since the Great Depression, when the mighty House of Morgan was cleaved in two, have Washington lawmakers rewritten the rules for Wall Street as extensively as they did on Friday.
Late word from Washington suggests lawmakers are closing in on an historic overhaul of financial regulation.
The economic news has been terrible this week (housing, jobs), but the S&P 500 is up 2.4 percent. How to account for that? Some point to the reduced headline risk in Europe (Germany has had an amazing week, it's only about 1 percent from a 52-week high!), and perhaps reduced headline risk from BP helped at the margins. But the driving factor is likely this...
Commercial loans had been cast as a horrific mess headed straight for the banking sector as recently as six months ago, but the impact is proving to be less painful and more targeted than some had feared.
When economic indicators are mixed, traders and investors are faced with deciding which numbers are important, which indicators are leading and which to ignore. That's the situation they're trying to navigate right now.
So far this year, a total of 135 companies have raised, initiated or reinstated dividends; only two firms have cut them. Is this another signal that the economy is rebounding? Robert Froehlich, senior managing director at The Hartford, and John Dorfman, portfolio manager of Dorfman Value Fund, offered their insights and their best plays.
Contagion fears and regulatory reform uncertainties have created a difficult climate for financial stocks. But Betsy Graseck, large cap bank analyst at Morgan Stanley, and Moshe Orenbuch, research analyst and managing director at Credit Suisse, told investors that there are still some attractive names in the sector.
Another late selling jag sent the S&P lower on Monday. What's next? Watching 3 stocks could give you a leg up.