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By Anthony Lazzara |
April 23, 2013
Of the 131 S&P 500 companies that have reported their quarterly results so far, 73% have exceeded analysts’ predictions for earnings.
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By Nikolaj Gammeltoft and Stephen Kirkland, Bloomberg |
April 19, 2013
U.S. stocks rose, paring the biggest weekly drop for the Standard & Poor’s 500 Index since November, amid better-than-estimated earnings and Group of 20 nation talks aimed at bolstering the global economy.
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By Toni Hansen |
April 19, 2013
Traders will need to key in on the Advance GDP, existing home sales and new home sales next week amid a busy schedule of earnings releases.
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By Leslie Patton, Bloomberg |
April 19, 2013
McDonald’s Corp., the world’s largest restaurant chain by sales, posted first-quarter profit that was little changed as same-store sales dropped in the U.S. for the first time since 2003 amid soft global demand.
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By Laura Marcinek and Donal Griffin, Bloomberg |
April 19, 2013
Bank of America Corp. and JPMorgan Chase & Co. led the six largest U.S. banks in boosting combined first-quarter profit 45%. Investors dumped the stocks.
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By Lu Wang and Whitney Kisling, Bloomberg |
April 18, 2013
U.S. stocks fell, sending the Standard & Poor’s 500 Index to a six-week low, as earnings from UnitedHealth Group Inc. to EBay Inc. disappointed investors.
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By Devin Banerjee, Bloomberg |
April 18, 2013
Blackstone Group LP, the world’s biggest buyout firm, said first-quarter profit rose as market gains lifted the carrying value of its holdings. The shares fell after the company said a lackluster economy may curtail investing.
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By Stephen Kirkland and Inyoung Hwang, Bloomberg |
April 17, 2013
Global stocks fell amid losses in industrial metals and disappointing earnings from Bank of America Corp. and others. The euro weakened as Germany’s central bank chief Jens Weidmann reportedly said European policy makers may cut rates if needed.
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By Anthony Lazzara |
April 17, 2013
A disappointing earnings report from Bank of America is a main catalyst for the U.S. stock market sell off today.
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By Hugh Son, Bloomberg |
April 17, 2013
Bank of America Corp. reported first-quarter profit that missed analysts’ estimates as lower mortgage banking income and higher legal costs slowed the firm’s turnaround. The shares dropped 3% in early trading.
