President Obama brought executives from 13 major U.S. firms to the White House Wednesday to meet with Chinese Premier Hu Jintao. The corporate leaders will surely be angling for better access to China's markets, which could boost their stocks. But only a few are actually good investments now.
The CEOs of 20 companies are visiting the White House Wednesday, and those executives will try to get something in return for the political cover they're giving President Obama. That could mean higher earnings for their shareholders down the road -- so which ones should you have in your 2011 portfolio?
Dow Chemical (DOW) reported its third-quarter net income fell 28% on several one-time charges. Excluding the charges, net income from continuing operations almost doubled, topping analysts' estimates.
Since the recession began, more than 8 million Americans have lost their jobs. But perhaps even more surprising is the small number of companies that are responsible for laying off such a large percentage of today's unemployed workers.
Dow Chemical reported second-quarter earnings of 50 cents a share, compared with a loss of 47 cents a share in the second quarter of 2009. Sales rose 20% from a year earlier.
In its first detailed assessment of 2011, the International Energy Agency says that it expects world oil demand to rise 1.6% next year. The agency left its 2010 forecast largely unchanged.
What happens when companies pollute? Sometimes -- though not always -- they have to pay. BP's $20 billion fund to compensate for damages to the Gulf of Mexico ranks as the biggest environmental payout of all time. What other industrial giants make the list?
Dow Chemical, the nation's largest chemical maker, says its first-quarter profit rose as it benefited from growing demand in emerging markets and price increases.
Private equity is starting to ramp up dealmaking, as Bain Capital agreed to pay $1.63 billion to Dow Chemical for Styron.
Google is now investigating whether some of its own employees helped carry out the recent cyber-attack in China, which exposed Gmail accounts of U.S. companies and Chinese dissidents. News reports also say foreign reporters based in China were targeted by the hackers, too.
Yahoo was drawn into the growing cyber-war between Google and the Chinese government after it declared its support of the U.S.-based search giant. Google threatened to pull out of China after it became the victim of a massive cyber attack that is believed to be masterminded by the Chinese government.