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| 7:30AM 10/03/2010
Alcoa, Marriott and Yum! Brands to kick off the third-quarter earnings season with modest earnings growth, while jobs numbers could be mixed.
| 6:00AM 8/20/2010
The Federal Aviation Administration is ready to slap a record $25 million or more penalty against American Airlines for maintenance lapses involving wiring in the MD-80 jet that caused flight cancellations in 2008, according to the Wall Street Journal.
The official fine letter isn't expected to be...
| 4:15PM 7/13/2010
Stocks vaulted higher Tuesday as industrial bellwethers Alcoa and CSX reassured the market about the pace of the economic recovery. All three major averages extended their winning streaks.
| 7:00PM 7/11/2010
Second-quarter earnings reports start coming in this week when Alcoa releases its latest results on Monday. This week's other anticipated quarterly reports include those from industry bellwethers Intel, Google and JPMorgan Chase.
| 5:10PM 1/11/2010
Aluminum giant Alcoa on Monday posted a narrower fourth-quarter net loss, helped by costs cuts and higher aluminum prices, but its earnings fell short of Wall Street's forecast. The question now is: Will the earnings miss trigger a wider sell-off on Tuesday?
| 4:30PM 1/04/2010
Stocks rallied on the first trading day of the new year as manufacturing data at both home and abroad bolstered the case for the global economic recovery.
| 9:15AM 10/08/2009
Alcoa's (AA) earnings are just the first set of the season, as usual. And they were better than expected. The company made 4 cents a share, excluding restructuring costs. Wall St. had expected a 9-cent loss. Revenue was $4.6 billion, down 40% from last year, but still better than expectations.
What...
| 4:30PM 8/18/2009
Never mind that profits at Target (TGT) and Home Depot (HD) fell from a year ago. In Wall Street's expectations game, both companies were winners, beating analysts' estimates and helping to persuade investors that the economic outlook wasn't quite as gloomy as it looked yesterday.
The Dow Jones...
| 4:30PM 8/13/2009
Stocks extended the big gains they posted after yesterday's relatively upbeat statement by the Federal Reserve, as the Dow Jones industrial average climbed 37 points, or 0.39 percent, to 9,398 despite worse than expected weekly unemployment and retail sales readings.
Bank of America (BAC) and...
| 4:30PM 8/11/2009
The Federal Reserve Board almost certainly won't announce an interest-rate hike at the end of their two-day meeting tomorrow. But, in their own opaque way, give a glimpse of their view of the state of the economy, and that apparently is making investors a bit nervous. The Dow Jones industrial...