The biotech firm reported earnings and revenue that beat expectations Monday, though it wasn't enough to lift the company's stock in late trading Monday.
Stocks sold off in the final hour of trading but ended higher at the highest levels since late April, as the dollar slid. Worries about the foreclosure crisis continued to temper overall market gains. DuPont and Kraft rose, while BofA and JPMorgan fell.
What follows is a roundup of corporate earnings reports for Monday, Oct. 25.
Stocks pared gains but remained higher Monday as the weak dollar boosted materials, but big banks slumped following the continued fallout of the foreclosure crisis, tempering overall market gains. DuPont and Alcoa rose, while Bank of America and JPMorgan fell.
Stocks gained as a slide in the dollar boosted materials stocks, but a drop in financial stocks due to the continued fallout of the foreclosure crisis tempered gains. Alcoa and DuPont rose, while Bank of America and JPMorgan fell.
U.S. stock index futures pointed to a higher open Monday after the weekend's meeting of the group of twenty nations did little to change the downward trajectory of the dollar.
"The last ten years have conditioned people to think short term as opposed to long term," Bill Miller said. "Now, stocks are cheap and people should buy good, quality companies at reasonable prices, put them away and ignore the fluctuations of the markets."
On Tuesday, Cramer highlighted the action—and potential M&A activity—in the fight to cure hepatitis C.
Stocks rose Tuesday as global stimulative measures reassured investors that governments were taking steps against economic weakness. Bill Smead, CEO and CIO of Smead Capital Management and Ryan Detrick, Chief Technical Strategist at Schaeffer’s Investment Research shared their best plays.
Tuesday's retail sales and the NFIB small business survey could decide whether the September rally rolls on for another day.
Reports that Microsoft may be planning a debt sale to pay dividends and buybacks makes perfect sense. Think of it this way: why not add leverage?
Midday Thoughts: What's up with September? Supposedly the worst month of the year, it's up nearly 7 percent so far.
Stocks closed higher after struggling to find direction much of the day amid light volume and ahead of a week filled with economic data. Chevron and Merck gained, HP fell.
Stocks are modestly higher after struggling to find direction much of the day amid light volume and ahead of a week filled with economic data. Merck and Chevron gained, HP fell.
Stocks ended higher amid light volume for a second straight day Thursday following a pair of upbeat economic reports. Adobe jumped, McDonald's slipped.
Stocks rose modestly in light late-afternoon trading Thursday after a pair of upbeat economic reports. Adobe jumped, McDonald's slipped.
Stocks rose Thursday after encouraging readings on jobless claims and the trade deficit. Financials led the way, while McDonald's capped gains on the Dow.
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Stocks ended relatively flat Friday after a disappointing GDP report but the Dow logged its best month in a year, rising more than 7 percent.
Stocks see-sawed after economic readings on consumer sentiment and business activity offset disappointment with a lower-than-expected GDP report.