Stocks Waste Management Inc


  • Motorola Beats Street And BofA Cuts Thursday, 25 Oct 2007 | 9:25 AM ET

    Futures trading up as Motorola beat expectations and guided upward while EMC was in line and both are up nicely pre-open. There's strength in Europe, strength in Asia, third Quarter GDP in China rose 11.5%. That was in line with expectations. Chinese stocks are the only major market down in Asia, down 5%, probably on worries that more rate hikes are likely.

  • Wall Street Now Faces Issue Of Trust Wednesday, 24 Oct 2007 | 1:57 PM ET

    The "kitchen sink" theory is out the window. There's a trust problem developing on the Street. Remember a few weeks ago traders drove up the stocks of companies like Citigroup, even though they did take very large losses for subprime and CDOs?

  • Stocks Close Higher After Wild Trading Session Monday, 22 Oct 2007 | 4:29 PM ET

    Stocks rallied late in the session to end a seesaw trading session higher as bargain hunters stepped in despite economic concerns and worries about global credit markets. "It seems like a little bit of a bounce back from Friday's Armageddon," said Mike Burnick, director of research at the Sovereign Society.

  • Global Stock Sell Off Continues Monday, 22 Oct 2007 | 8:46 AM ET

    Worry about slowing economic growth and a new bout of credit fears ignited the global sell off in stocks which continues into the U.S. open. Wall Street was the first market to spiral downward in Friday's big sell off amid worries the U.S. sub prime mess will take longer to sweep away than expected and is fanning out into other types of credits.

  • Stocks ended mixed as Bank of America's earnings shortfall was countered by strong tech and healthcare earnings. "In the last few days there is more concern about this bleeding into the fourth quarter, with the Bank of America comments and housing having more of a negative impact on the consumer than maybe we've seen so far," said Alec Young, equity strategist at S&P.

  • Fear Walking Down The Street Thursday, 18 Oct 2007 | 2:16 PM ET

    You can hear the wings flapping in the Treasury market, as the big flight to safety trade that started yesterday continues. The dollar is skidding to new lows, and a bit of fear has returned to the street.

  • Stocks: Familiar Problems, Familiar Struggles Thursday, 18 Oct 2007 | 9:46 AM ET

    Stocks are struggling with familiar problems this morning: 1) The Yen has rallied against the dollar and other currencies, again reviving concerns about the yen carry trade unwinding; European equities are lower.

  • Market Insider: Techs Catch the Big Fish Wednesday, 17 Oct 2007 | 8:29 PM ET

    Technology has been a big lure in an otherwise fishy stock market this week.

  • Washington Mutual Profit Hit by Mortgage Losses Wednesday, 17 Oct 2007 | 5:37 PM ET

    Washington Mutual  said third-quarter profit fell by 72 percent due to mounting losses and write-downs related to mortgages.

  • Citigroup Profit Falls 57%, Hurt by Subprime Losses Monday, 15 Oct 2007 | 1:51 PM ET

    Citigroup said third-quarter profit fell 57 percent, hurt by losses and writedowns for subprime and leveraged loans, fixed-income trading and weakness in its consumer business.

  • Earnings, Retail Drag Market Monday, 8 Oct 2007 | 12:38 PM ET

    Markets are weak on a couple of concerns today. 1) Lower earnings estimates. The downward earnings revision from Citi, Washington Mutual and Merrill Lynch last week are really having an impact on Q3 earnings revisions. Seven or eight days ago, we were expecting 3.9% earnings growth for the whole S&P 500; today it is down to 0.7%, the lowest growth in five years, and it may still go negative.

  • Two major U.S. financial firms warned of more fallout from recent credit turmoil Friday, but resilience in the the jobs market bolstered investor sentiment.

  • Job Numbers: Working Up Economy Or Not? Friday, 5 Oct 2007 | 12:10 PM ET

    Is it time to get more bullish on the economy? That much awaited jobs number today certainly drove some of the recession scare out of the markets, but it hasn't really changed the picture for slowing growth so far.

  • Washington Mutual Sees Profit Down 75% Friday, 5 Oct 2007 | 9:55 AM ET

    Washington Mutual, one of the largest U.S. mortgage lenders, said Friday it expects a 75% drop in third-quarter net income due to adverse housing market and credit conditions.

  • Job Numbers Stop Recession Talk For Now Friday, 5 Oct 2007 | 9:25 AM ET

    The payrolls number is pleasing to stock bulls. They wanted an upward revision to the crummy loss in August: they got it, in fact a little stronger (89,000 jobs) than they thought. And the September number (110,000 jobs) just a tad stronger than expected.

  • South Florida Bulls: The Hottest Merchandise Around Wednesday, 3 Oct 2007 | 1:17 PM ET

    Some of the best business stories are behind the emerging Cinderella. I covered Gonzaga's merchandising boom from their NCAA Tournament runs and Boise State's merchandising royalty run as they became the most prominent non-BCS football program in the land.

  • WaMu: Leading The Way Or Stating The Obvious?? Monday, 1 Oct 2007 | 11:23 AM ET

    So I just received a press announcement from Washington Mutual, “unveiling a new, industry-leading standard for mortgage brokers” with whom they do business. Ok, great I say! Good for you guys, implementing new groundbreaking standards to clean up the mortgage business once and for all. I read on.

  • Some ATM Fees Hit $3 as Banks Hunt for Revenue Thursday, 13 Sep 2007 | 2:08 PM ET

    Bank of America has raised the fee it charges non-customers to withdraw cash from most of its automated teller machines to $3 from $2, a move that may prompt rivals to follow.

  • WaMu, Wachovia Feel Pinch of Credit Turmoil Monday, 10 Sep 2007 | 3:33 PM ET
    Washington Mutual's headquarters in Seattle.

    Two of the largest U.S. banking companies said Monday that tough credit market conditions may cause higher losses related to lending.

  • Stocks On The Move: US Airways, Washington Mutual Thursday, 23 Aug 2007 | 4:02 PM ET

    Following are the days biggest winners and losers. Find out why shares of EMC Corp. (EMC), Toll Brothers (TOL) and US Airways (LCC) popped while Washington Mutual (WM) and Tween Brands (TWB) dropped.