Stocks Weaken After Manufacturing Growth Slows
Stocks were slipping on Wall Street Monday morning after an industry group reported that U.S. manufacturing growth cooled in March and was weaker than economists had forecast.
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Midday Market Minute: Lowe's 4Q Net Income Tops Expectations
Home improvement retailer Lowe's Cos. credits cleanup efforts after Superstorm Sandy and its new pricing strategy for fourth-quarter earnings that surpassed Wall Street expectations, a sign that people are beginning to feel better about spending money on their homes as the housing market slowly recovers.
Cheesecake Factory Results Weaker Than Expected
Cheesecake Factory shares may be under pressure Thursday following the restaurant chain's weaker-than-expected fiscal fourth-quarter performance. The company earned $22.1 million, or 40 cents per share, for the period ended Jan. 1, down from $29.9 million, or 54 cents per share, a year earlier.
U.S. Factory Orders Rose 1.8% in December, but Signals Are Mixed
U.S. factory orders increased 1.8 percent in December, but demand for core capital goods, a category considered a proxy for business investment plans, dipped 0.3 percent in December following strong gains in November and October.
U.S. Factory Orders Likely to Indicate Strengthening Economy
U.S. factory orders likely rose 2 percent in December, and a preliminary report on durable manufactured goods suggests that business investment plans increased for the third straight month.
Stocks Started Off the Year Strong -- Maybe Too Strong
Markets surged as soon as the calendar turned to 2013 and kept rising for much of the month, pushing the Dow Jones industrial average to near-record levels. February started off equally strong. But some watchers worry that the market may have gotten ahead of itself.
Stock Futures Rise on Glimpse of U.S. Manufacturing Data
Stock futures headed higher Monday with investors getting a peek into the health of the U.S. manufacturing sector. The Commerce Department is expected to report that companies boosted orders for durable goods as 2012 came to a close.
Wall Street's Week Ahead: Earnings, Housing and the China Question
This week will bring answers to questions that have hung over the market for months: Will slower growth in China put a dent in U.S. companies' income? Will new housing numbers come in strong enough to keep homebuilders flying high? How much did Superstorm Sandy cost insurers? Here's what to watch.
GE Earnings Rise on Strength of Emerging Markets
General Electric Co.'s net income rose 8 percent in the fourth quarter as earnings at all of the conglomerate's industrial segments improved due to growth in developing economies.
U.S. Stock Prices Dip Ahead of Earnings Season Kickoff
U.S. stocks fell Tuesday as traders awaited the start of the corporate earnings season. Market-watchers expect the quarter's results could include many surprises because of events like Superstorm Sandy, the presidential election, and the narrowly avoided "fiscal cliff."
'Liar, Liar,' Says the Buyer: Firm HP Acquired Misled It About Finances
Hewlett-Packard said that British company Autonomy, which, it bought for $10 billion last year, lied about its finances, resulting in a $8.8 billion write-down of the value of the business. But HP is avoiding using the word "fraud" to describe the fictional bookkeeping.
Bank of America Beats the Street with a Narrow Profit
Bank of America said Wednesday that it narrowly turned a profit from July through September, good enough to beat Wall Street expectations. The bank earned $340 million in the quarter, which works out to a fraction of a penny per share. But financial analysts expected an 11-cent loss.
Get a Work-Life Balance: You Can at These Top-Rated Companies
If you're working harder than ever, and feel like you don't have time to breathe, check out Glassdoor's list of the best companies for work-life balance. Some names on it may not surprise you, like Facebook and LinkedIn. But one name that's been in the news constantly lately probably will.
U.S. Stock Futures Fall After European Voters Reject Austerity
The roiling political landscape of Europe pushed U.S. stock futures lower Monday as beleaguered voters in Greece and France rejected years of painful budget cuts. The Dow fell 46 points to 12,911. The S&P 500 slipped 5.7 points to 1,356.80. The Nasdaq fell 12 points to 2,613.50.