Hello everyone. It's a week off for me but I will be back next Monday, October 1st, to blog from the market floor. See you then.
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Caterpillar's mixed report tempered early gains spurred by manufacturing data.
Whirlpool's soggy earnings report saw the company miss by a wide margin. Ouch!
Earnings results for two big companies were good, but not quite great. Modest growth continues.
This week, a mother lode of second quarter earnings are due. Early results are giving Wall Street reasons to be encouraged.
BofA has agreed to pay $16.6 M to resolve allegations that it processed drug trafficker monies subject to sanctions.
The SEC said it had charged Morgan Stanley with misleading investors about mortgage-backed securities it issued before the financial crisis.
After the SEC passed new rules, this financial advisor's advice is: Stay out of money-market funds!