IBM, which closed at an historic high, is down about 4 percent after the close. The issues: 2010 guidance of "at least" $11.40 is only slightly better than previous guidance of "at least" $11.25; bookings also light at $11 billion vs. street expectations of $12.5 billion.
Not only will IBM earnings set the tone for Tuesday’s trade – but they could set the tone for the next 5 weeks!
The Dow component reported a quarterly profit and sales that both exceeded what Wall Street was looking for from the company, but its shares slid in late trading.
Stocks closed higher as Citigroup's earnings lifted bank stocks ahead of a cluster of earnings reports this week, including Apple and IBM, which report after the market closes. Bank of America and JPMorgan rose, while Intel and Home Depot fell.
What follows is a roundup of corporate earnings reports for Monday, Oct. 18.
Stocks rose as Citigroup's earnings lifted bank stocks ahead of a cluster of earnings reports this week. Bank of America and JPMorgan rose, while Intel and GE fell.
Stocks turned mixed as Citigroup earnings lifted bank stocks, but a decline in tech stocks took strength out of the Nasdaq. JPMorgan and Exxon Mobil rose, while Intel fell.
Here's why you should keep a close eye on these six stocks.
Investors who care about the environment or believe it’s just a matter of time before the nation’s lawmakers begin to address climate change, have a growing number of green investment options.
Stock index futures are pointing to a mixed open Monday, regaining some ground after Dallas Federal Reserve President Richard Fisher said on CNBC that the Fed can't help the economy alone, and that there is "ample liquidity" in the market that hasn't been put to work.
It's back to basics for stocks in the coming week, as a tidal wave of earnings overwhelms economic reports and shifts investor focus temporarily to the health of corporate balance sheets.
The "Mad Money" host shares his “Game Plan” going into the thick of the season.
Stocks ended higher for the week, but mixed for the day as financial stocks dragged down the Dow and technology stocks lifted the Nasdaq. GE and Bank of America fell, HP rose.
On Friday the Nasdaq ended sharply higher yet the S&P dropped due to more bank woes. That divergence can't last, can it?
Stocks were mixed ahead of the closing bell as the financial stocks dragged down the Dow and technology stocks lifted the Nasdaq. GE and Bank of America fell, HP rose.
Financials weighed heavily on the broader market Thursday amid the mounting foreclosure mess and following mixed reviews on JP Morgan earnings. Piper Jaffray President and Chief Operating Officer Thomas Schnettler shared his outlook on the banking sector and how business is doing at his own company.
Apple's stock could close above $300 today, just a mere 8 months after its last close below $200 (February 23).
See what's happening, who's talking and what will be making headlines on Monday's Squawk on the Street.
Plus, a look at low P/E multiples, earnings and the ag market.
When Cramer told you to sell this stock last year, you should have listened.