alcoa

Dow Has Its Best Close in Nearly 5 Years

Investors, encouraged by a drop in the unemployment rate, sent the Dow Jones Industrial Average to highest level in almost 5 years on Friday. And though the jobs report-inspired rally did not last, the Dow still closed up 34.79 points, at 13610.15, for its best finish since December 2007.

Dow Loses 251, Its Second-Biggest Drop of the Year

Investors yanked money out of stocks Thursday after new reports from the U.S. and China pointed to a sharp slowdown in manufacturing. Losses in energy and materials companies led a widespread rout on the stock market.

The Big Picture This Week: Earnings Season, Inflation

As the market breathes a sigh of relief on hopes that Europe isn't going to fall apart and the unemployment picture isn't getting worse, the focus shifts to China and earnings season. But earnings may be overshadowed if inflation data out of China is worse than expected, now that the country has the world's second largest economy.

This Week's Leaders and Laggards

After a wild third quarter, the market seems to have stabilized a bit this week, in spite of a late Friday drop. With little macro-data news, investors turned their focus to Europe's debt crisis and third-quarter earnings season. Company-specific news drove stocks; here's a closer look at some of the S&P 500's most notable movers.

Dow Logs Worst One-Day Drop Since 2008

A bruising session on Wall Street Thursday wiped more than 500 points off the Dow - its worst drop since October 2008. Driving the fear is growing concern about the possibility of another recession. Will the selloff continue Friday? It all depends on the Labor Department's employment report.

A Look Ahead: This Week's Earnings Reports

Earnings season has officially kicked into high gear: 39 companies have reported so far, with the S&P reporting an earnings per share surprise of 6.8%. The best results include increases in financials, consumer discretionary, and materials. Here are some highlights.

Earnings Report Shows All's Not Well With Alcoa

When is a 27% increase in sales, and a doubling of profits, bad news? It certainly sounds like an exceptional circumstance, but that's where Alcoa finds itself today, having missed earnings estimates and facing a discouraging free cash flow.

Earnings Season Opens: Early News and Previews

Earnings season unofficially kicks off today, but 26 companies have already reported for the second quarter of this year. According to institutional data provider Capital IQ, here are some of the highlights so far:

Dow Rallies on Tech Stocks. Next Stop 12,000?

Stocks closed sharply higher Monday with the Dow Jones posting a triple-digit gain as technology stocks rallied after Intel raised its dividend and expanded its share repurchase program by $10 billion. The index last saw 12,000 in June 2008 -- on the way down.

Technology Companies Lead Stock Market Higher

Tech stocks rose after Intel increased its dividend and said it would buy back more of its stock. And materials companies jumped after a report showed that economists are more positive about growth and the job market than at any time since the start of the Great Recession.

Why Fourth-Quarter Earnings Are Likely to Look Great

Once again, profit reports are expected to be a tale of strong profit growth, thanks more to cost cuts than revenue gains. And perhaps even more telling, fourth-quarter 2010 earnings are competing with downright dismal reports for the year-earlier period.

Week in Preview: First Earnings Reports and Economic Readings

Alcoa, Intel and JPMorgan Chase will kick off a new earnings season this week when they report their results for the fourth quarter of 2010. Here's a quick look at what analysts surveyed by Thomson Reuters expect to see, followed by a glance at what's coming up on the economic calendar.

Making Mortgage Mods Permanent: Case Studies in Frustration

If struggling homeowners are able to make trial modified mortgage payments, the next logical step, it seems, would be to make the modifications permanent. Sadly, however, this is a rare occurrence. Follow the stories of several families as they wrestle with foreclosure notices, lost payments, missing paperwork, and ultimately court orders -- all on the path to permanent mortgage modifications.

Face-Off on Stocks: Alcoa, Caterpillar, United Technologies

China and other emerging markets will be a growth story for a long time to come creating opportunity for American companies and investors. Nikhil Hutheesing and Dan Burrows face-off in this video about which U.S. stocks stand to benefit the most.

Stocks Slump on China Rate Hike Fears

Stocks and commodities fell sharply Friday amid anxiety that China will hike interest rates to keep its economy from overheating. The Dow Jones Industrial Average shed 91 points. Gold and oil prices likewise plunged.

Alcoa Earnings Drop Sharply on Weaker Dollar

The aluminum giant matched Wall Street's profit expectations and exceeded the revenue estimates. Company execs say the see demand picking up as the year progresses. Alcoa shares jumped in after-hours trading.

Third-Quarter Profits Should Keep Rebounding

Earnings season unofficially kicks off after the markets close Thursday when Alcoa reports. And some big-name beat-and-raise earnings reports could be just the spark to ignite that market-moving dry powder.

The 25 Companies That Cut 700,000 Jobs

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 Adds 146 Points on Solid Earnings and Outlooks

Stocks vaulted higher Tuesday after a strong start to the second-quarter earnings season, as industrial bellwethers Alcoa and CSX reassured the market about the pace of the economic recovery. The Dow added 147 points, and all three major averages extended their winning streaks.