earnings outlook

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.

Stocks Open Fourth Quarter With More Gains

Stocks kicked off the final quarter of the year with moderate gains Friday as more encouraging data on consumer spending, consumer sentiment and auto sales were partly offset by a slowdown in manufacturing activity.