What follows is a roundup of corporate earnings reports for Thursday, Oct. 28.
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 extended losses amid continued worries over the Fed Reserve's plans to stimulate the economy and a somewhat mixed batch of corporate earnings on Thursday. 3M and Caterpillar fell, while AmEx rose.
U.S. stock index futures edged higher ahead of the open Thursday after a report that jobless claims fell to a three-month low, and in the wake of a mixed close in the previous session on worries over the Federal Reserve's next move on quantitative easing from its policy meeting next week.
Lacking any big surprises, the markets may seem to be on cruise control in the coming week, as investors await the U.S. mid-term election and the Fed's November meeting.
The chairman of one of China’s biggest state lenders has called on the country’s financial sector to speed up its expansion overseas in a strong sign that Beijing is considering allowing banks to resume offshore mergers and acquisitions.
A tombstone in Lucite, with a black, not white, background sits on the windowsill in Steve Schwarzman’s office to remind him of a big and costly mistake involving the purchase of a steel company.
Believing in yourself is the most important life lesson, Larry Fink, BlackRock chairman and CEO, told CNBC Wednesday. But sometimes, it takes others to have that belief first.
Plus, get calls on Goldman Sachs, Apple and more.
Matching your record up against the greats can make you feel like the market is no place for amateurs, or for those who have a day job that isn't in the markets. That's why it's important to remember that no one's perfect, not even the giants in the industry.
Extended Stay emerged from Chapter 11 bankruptcy protection, a few months after the hotel chain was bought by a group of investors led by private equity firm Centerbridge Partners.
For decades, public pension funds have bankrolled the private equity industry. Now, frustrated by what it sees as expensive fees and lack of transparency at private equity firms, one state has decided on a do-it-yourself approach. The NYT reports.
Apparently, the markets think so, too.
Financials led the markets higher on Monday, after the Basel Committee on Banking Supervision announced its new regulations. Should investors buy the banks now? Chris Kotowski, analyst at Oppeneimer, and Collyn Gilbert, managing director and senior bank analyst at Stifel Nicolaus, shared their best plays.
If a deal can’t pass Cramer’s test, then it’s not worth buying.
That the honeymoon between Washington and Wall Street has turned to bitter recriminations is not news, given that the administration had long pledged to revamp Wall Street regulation in the wake of a crisis that rattled the global financial system. The NYT reports.
Following are moves you might have missed. Find out why shares of Blackstone and Walmart popped while Deere and Baidu dropped.
Stocks ended lower Monday, led by industrials, materials and techs. Investors once again shrugged off a wave of merger-and-acquisition activity, which normally gives the market a boost.
Stocks were mixed in a tight range Monday, after an early boost from merger-and-acquisition activity, as weakness cut into techs, banks and homebuilders.
Stocks turned lower Monday, after an early boost from merger-and-acquisition activity, as weakness crept into techs, banks and homebuilders.