Apple cleaning up in China, Nike vs. Under Armour and Icahn's track record
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Nasdaq briefly rises 1.5%; Dow up 200 points as McDonald's leads
U.S. stocks traded sharply higher on Thursday, as Wall Street digested the European Central Bank’s rates decision.
US home sales rebound in September after August slump
Americans snapped up more homes in September, suggesting that the U.S. housing sector remains insulated from global economic turmoil. The National Association of Realtors said Thursday that sales of existing …
An Economist Is Throwing Cold Water On Those Sinking Jobless Claims
“We are not in uber-boom mode,” says Neil Dutta.
Alphabet (GOOGL) is about to break out higher: Technician
As Google’s holding company Alphabet prepares to report its most-recent quarterly earnings, the stock’s chart appears ready to break out, according to one leading technical analyst.
Caterpillar CEO: Big misses reflect 'rough patch'
After Caterpillar posts an earnings miss, CEO Doug Oberhelman said “Our day will come, but it’s not right now.”
McDonald's says turnaround taking hold as sales rebound
“While still in the early stages, we believe our turnaround plan is starting to generate the change needed to reposition McDonald’s as a modern, progressive burger company,” Easterbrook said in a statement. The United States, McDonald’s top profit market, reported a surprise 0.9 percent increase in sales at restaurants open at least 13 months. McDonald’s said breakfast items and its new Premium Buttermilk Crispy Chicken Deluxe sandwich helped the division
Drowning homeowners are getting relief
Strong home price gains this past spring and summer have given drowning homeowners a new supply of air.
Caterpillar cuts 2015 profit outlook, sees 2016 sales drop
Caterpillar Inc (CAT.N) on Thursday reported lower quarterly profits, cut its 2015 earnings forecast and warned its revenue would tumble in 2016, weakened by slower economic growth in China and a recession in Brazil. The company said it saw full-year 2015 earnings per share at $3.70, down from the $4.70 seen in the second quarter. Excluding restructuring costs, it lowered its full-year EPS forecast to $4.60 from $5.00 seen in
Ex-Porsche CEO, CFO on trial for alleged market manipulation
The former CEO and CFO of Porsche have gone on trial in Stuttgart on market manipulation charges related to the sports car maker’s failed attempt to take over Volkswagen AG in 2009. Prosecutors accuse …