Earnings News Continues To Boost Stocks
Senior Editor, CNBC
Why are earnings so important? Well, this CNBC-TV news report today from Bob O'Brien shows what they can do. Bob focused on Goodyear , which admittedly is not a contest stock that might put you over the top, but with their earnings report out, the stock saw a 6.345 rise at one point today.
Bob also mentioned American Axel , which reached a 52 week high today, though it did see a bit of a pull back in intraday trading. Bob went on to say that overall, earnings coming out continue to show great returns, even if some businesses aren't doing so well.