In spite of gloomy news about housing coming from virtually all directions, a new survey reveals that 70 percent of Americans would advise friends and family to buy a house, Thomas Wilson, CEO and chairman of the insurance company Allstate Corporation, told CNBC Friday.
In court documents filed today, AllState accuses JPMorgan of fraudulently selling the insurer $700 of mortgage-backed securities.
What follows is a roundup of corporate earnings reports for Wednesday, Feb. 9.
In one of the strangest studies I've seen—and I've seen 'em all—Allstate Insurance says there are more car accidents on December 15 in California, the nation's car capital, than on any other day of the year.
Stocks closed mixed Thursday after shaving deeper losses from earlier in the day in the last half hour of trading as investors considered a mixed batch of earnings and the Fed's next steps to stimulate the economy. 3M and Caterpillar fell, while Pfizer and Walt Disney rose.
Stocks trimmed earlier losses in the last half hour of trading Thursday as investors considered a mixed batch of earnings and the Fed's next steps to stimulate the economy. 3M and Caterpillar fell, while AmEx and Pfizer rose.
Stocks shaved off some of their earlier losses as techs staged a late-afternoon rally, but still closed mixed as investors considered news that the Federal Reserve may not provide as much stimulus to the economy as had been anticipated.
Stocks extended their losses Wednesday as concerns grew after a report suggested that the Federal Reserve's next round of quantitative easing will be less aggressive than expected. Home Depot and HP fell, while BofA and AmEx rose.
What follows is a roundup of corporate earnings reports for Wednesday, Oct. 27.
What follows is a roundup of corporate earnings reports for Wednesday, Aug. 4.
A report on the health of the service sector, and ADP's private sector jobs report are of big interest to markets that are already counting down to Friday's July employment report.
Stocks ended higher after the Fed left interest rates unchanged and kept the "extended period" language in its statement. Financials were the day's best performers, with JPMorgan and Bank of America leading the Dow.
Stocks advanced Wednesday, with banks rebounding after a sharp selloff in the previous session after both Greece and Portugal had their debt ratings downgraded. Bank of America and JPMorgan were among the early leaders on the Dow. Dell skidded.
U.S. stock index futures pointed to a lower open Wednesday in the wake of a sharp selloff in the previous session caused by another Greek debt downgrade, but comments from the Federal Reserve could change momentum later.
What follows is a roundup of corporate earnings reports for Wednesday, April 28.
The traders spent Tuesday sifting through a slew of highly anticipated earnings reports from Goldman, Coke, IBM and more. How should you put money to work, now?
Greece easily sold a bunch of short term bills Tuesday morning with demand far exceeding the supply. An originally planned sale of 1.2 billion Euros in 6 and 12 month bills was expanded to 1.56 billion Euros. The yields were so high, however, as to be painful.
I think it was James Carville ("It's the economy, stupid!") who said he wanted to come back as the bond market since he could then rule over everyone.
Stocks rallied off a lower open Thursday as news of a Greek bailout and a sharp drop in jobless claims helped calm jittery investors — and put them in the mood to take some risks. Energy and industrials were the day's best performers; Financials were the worst.
Stocks opened lower Thursday as investors shrugged off an encouraging jobless report and news of a bailout for Greece. Financials took a hit, with JPMorgan leading the Dow's decline, as investors worry that debt problems in Europe could spread