Fri, 24 Oct 2008 19:12:00 GMT
For a day that is full of bleak news, the National Association of Realtors (NAR), surprisingly, revealed something positive...(Read More)
Fri, 24 Oct 2008 12:50:00 GMT
As futures plummet this morning, traders are betting that the Federal Reserve will be forced into cutting interest rates once again...(Read More)Fri, 24 Oct 2008 12:24:00 GMT
Sticking with my earnings theme this morning, ITT Corp. (ITT: sentiment, chart, options) marched into the earnings confessional before the opening bell to announce that its third-quarter net income fell 6% to %24216.3 million, or %241.18 per share, from its year-ago profit of %24230.1 million, or %241.25 per share...(Read More)Fri, 24 Oct 2008 12:18:00 GMT
In earnings news this morning, Fortune Brands (FO: sentiment, chart, options) announced that its second-quarter profit rose to %24336 million, or %242.21 per share, from its year-ago profit of %24209 million, or %241.33 per share...(Read More)Fri, 24 Oct 2008 12:14:00 GMT
As expected, the OPEC oil cartel announced on Friday that it was trimming its daily output by 1.5 million barrels of oil a day...(Read More)Thu, 23 Oct 2008 19:19:00 GMT
Kellog Company (K: sentiment, chart, options) received a boost today in the form of bullish brokerage action...(Read More)Thu, 23 Oct 2008 16:00:00 GMT
In this morning's Opening View, my colleague Andrea Kramer took a brief look at UPS's (UPS: sentiment, chart, options) third-quarter earnings report...(Read More)Thu, 23 Oct 2008 15:16:00 GMT
Fertilizer firm Potash Corp. of Saskatchewan (POT: sentiment, chart, options) boasted today that it's "sheltered" from the worst of the global financial crisis, thanks to steadily rising global food demand...(Read More)Thu, 23 Oct 2008 13:37:00 GMT
A source at Goldman Sachs Group (GS: sentiment, chart, options) said that the bank plans to slash about 3, 300 jobs, or 10% of its total staff today...(Read More)Wed, 22 Oct 2008 20:36:00 GMT
Shares of biotechnology concern Amgen (AMGN: sentiment, chart, options) have rallied more than 5% in electronic trading after the company reported better-than-expected third-quarter results...(Read More)Wed, 22 Oct 2008 20:11:00 GMT
Shortly after the close, online retailer Amazon.com (AMZN: sentiment, chart, options) reported third-quarter earnings of %24118 million, or 27 cents per share...(Read More)Wed, 22 Oct 2008 16:49:00 GMT
This morning, Goldman Sachs downgraded United States Steel (X: sentiment, chart, options) to "sell" from "neutral, " causing the stock to drop more than 12% as we begin to wrap the midday hour...(Read More)Wed, 22 Oct 2008 16:07:00 GMT
Broadcom (BRCM: sentiment, chart, options) is one of the few stocks making headway in today's market, adding 13% at last check...(Read More)Wed, 22 Oct 2008 15:00:00 GMT
General Motors (GM: sentiment, chart, options), the one-time titan of Detroit, is now scrounging shamelessly for cash...(Read More)Wed, 22 Oct 2008 13:47:00 GMT
Acquisition target Wachovia Corporation (WB: sentiment, chart, options) unveiled its third-quarter earnings results this morning, with the Charlotte-based bank swallowing a loss of %2423.9 billion -- a record amount for a U.S. lender...(Read More)Tue, 21 Oct 2008 21:00:00 GMT
Shares of Apple (AAPL: sentiment, chart, options) were halted in after-hours trading just before the company released its fourth-quarter earnings figures...(Read More)Tue, 21 Oct 2008 20:45:00 GMT
Shares of VMware (VMW: sentiment, chart, options) soared 26% in after-hours trading following the company's solid third-quarter earnings report...(Read More)Tue, 21 Oct 2008 20:15:00 GMT
Shortly after the close, E-Trade Financial (ETFC: sentiment, chart, options) reported a third-quarter net loss of %2450.5 million, or 9 cents per share...(Read More)Tue, 21 Oct 2008 20:07:00 GMT
Shares of ING Groep (ING: sentiment, chart, options) fell 6.75% today, with the selling pressure accelerating into the close...(Read More)Tue, 21 Oct 2008 19:28:00 GMT
Shares of Research In Motion Limited (RIMM: sentiment, chart, options) are off nearly 3% in late-day trading, as a bout of weakness on Wall Street has been exacerbated by negative comments from the brokerage bunch...(Read More)
Stock market briefs from Bernie Schaeffer and the traders at Schaeffer's Investment Research. Discussions on stock and option trading; technical, fundamental and sentiment analysis; finance and investing.