Justin Menza
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U.S. stock index futures pointed to a higher open on Tuesday, as investors await announcements later this week from the Federal Reserve and the European Central Bank and scrutinize a handful of U.S. economic reports.
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Stocks closed slightly lower after fluctuating in a narrow range for most of the session Monday as investors appeared reluctant to make big commitments ahead of the news from the U.S. and European central banks later this week.
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The nascent U.S. housing recovery looks sustainable, Meritage Homes CEO Steven Hilton, told CNBC’s “Street Signs” on Friday.
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Consumer staples companies have been consistently beating earnings estimates so far this quarter. With several big names reporting in the week ahead, the question is: Will the trend continue?
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Now's not the time to talk about breaking up the banks, Rep. Barney Frank (D-MA), told CNBC’s “Closing Bell” on Thursday. Frank was responding to former Citigroup CEO Sanford Weill’s call on Wednesday to separate commercial banks from investment banks.
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Companies are getting out and traveling in search of growth, Frits van Paasschen, Starwood Hotels & Resorts Worldwide president & CEO, told CNBC’s “Squawk Box” on Thursday.
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US banks are already separating banking operations, so there's no need for the radical breakup suggested by former Citigroup chairman Sandy Weill, Meredith Whitney told CNBC Wednesday.
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Wall Street was quick to distance itself from Sandy Weill's about-face on financial supermarkets.
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Caterpillar chief executive officer Doug Oberhelman told CNBC’s “Squawk Box” on Wednesday he’s optimistic the global economy is improving long term despite mixed signals currently.
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American consumers pulled back in June but lower wage growth in China is helping margins, Jarden's executive chairman, Martin Franklin, told CNBC’s “Squawk on the Street” on Tuesday.