Fortune Brands Inc reported a higher-than-expected quarterly profit on Friday, bolstered by cost cuts, but the consumer products maker trimmed the top end of its full-year outlook.
Stock index futures pointed to a lower open on Friday as disappointing results from Microsoft Corp and American Express Co curbed sentiment a day after a rally took the Dow industrials above the key 9,000 mark.
Schlumberger Ltd , the world's largest oilfield services provider, reported a 57 percent drop in quarterly earnings on Friday and said revenue declines were slowing, but it did not expect any rebound in spending by its oil- and gas-producing customers this year.
Stock index futures pointed to a mixed open on Friday as disappointing results from Microsoft Corp and Amazon.com Inc curbed sentiment a day after a rally took the Dow industrials above the key 9,000 mark.
Stock index futures rose slightly on Friday despite disappointing results from Microsoft Corp and Amazon.com Inc , a day after a rally took the Dow industrials above 9,000.
World stocks pushed up to 9-month highs on Friday, cutting demand for government bonds as euro zone manufacturing and services reports beat expectations, fuelling optimism about economic recovery.
Asian stocks hit a fresh 10-month peak on Friday, with Hong Kong vaulting back to levels last seen before the collapse of Lehman Brothers as investors rushed into equities following upbeat corporate earnings around the world.
Asian stocks hit a 10-month peak on Friday, with Hong Kong vaulting back to levels last seen before the collapse of Lehman Brothers as investors rushed into equities following upbeat corporate earnings around the world.
U.S. stocks surged on Thursday, driving the Dow industrials above the key 9,000 mark for the first time since January, as strong corporate profits and rebounding home sales spurred optimism about the economy.
Investors bid up shares of Regeneron Pharmaceuticals Inc and Seattle Genetics Inc on Thursday after Medarex Inc agreed to be acquired by Bristol-Myers Squibb Co at a 90 percent premium.
Stocks surged on Thursday, sending the Dow industrials above the key 9,000 mark for the first time since January, as strong corporate profits and rebounding home sales spurred optimism about the economy.
Stocks advanced on Thursday, sending the Dow industrials above the key 9,000 mark for the first time since January, as strong corporate profits and rebounding home sales spurred optimism about the economic recovery.
EBay Inc's shares soared as much as 11 percent on Thursday, a day after the online auctioneer posted quarterly results that topped market expectations, leading at least nine analysts to raise their price targets.
U.S. stocks rallied on Thursday, sending the Dow industrials above the key 9,000 mark for the first time since January, as strong second-quarter earnings and improving home sales data fueled economic recovery hopes.
Stocks rallied on Thursday, with the Dow industrials piercing the key 9,000 mark, as investors viewed strong quarterly results from 3M & Co and other companies, plus improving home sales data as signs the economy is stabilizing.
Stocks rose on Thursday, with the Dow industrials breaking the key 9,000 mark, as investors saw strong quarterly results, including from 3M Co , and improving home sales data as signs the economy is stabilizing.
Stocks opened little changed on Thursday as investors digested a slew of quarterly results, including a brighter outlook and a forecast-beating profit from 3M Co and disappointing results from McDonald's Corp ahead of key housing market data.
Stocks were set to open slightly higher on Thursday as quarterly results, including a brighter outlook and a forecast-beating profit from 3M Co , gave investors confidence, ahead of key housing market data, that the earnings season will remain strong.
Stock index futures rose on Thursday as quarterly results, including a brighter outlook from 3M Co, gave investors confidence that the earnings season will remain strong ahead of key jobs and housing market data.
Stock index futures rose slightly on Thursday as investors remained positive following an overall strong earnings season and ahead of results from United Parcel Service Inc and McDonald's Corp .
World stocks rose close to the previous session's nine-month high and oil edged up on Thursday as forecast-beating earnings from major firms raised expectations for a global economic recovery. Swiss bank Credit Suisse's higher-than-expected second-quarter profits and drugmaker Roche's bullish two-year forecast followed solid reports in the United States from Apple and Starbucks on Wednesday.
Asian stocks climbed to a 10-month high on Thursday led by energy shares, though some investors wondered if upward momentum from corporate earnings reports justified increasingly pricey valuations.
Investors are looking for signs of a recovery in solar panel demand when manufacturers report earnings in the coming weeks, though panel prices are still falling fast and earnings may not see a meaningful improvement until 2010.
The Nasdaq rose on Wednesday for the 11th straight day, buoyed by solid profits from Apple Inc and Starbucks Corp , while disappointing bank results and declining energy shares weighed on the broader market.
The Nasdaq rose on Wednesday as solid profits from technology bellwether Apple Inc and coffee chain Starbucks Corp overshadowed disappointing bank results and a pullback in energy shares.
The Nasdaq climbed on Wednesday following Apple's strong earnings, while gains in the Dow industrials and S&P 500 were curbed as top banks' disappointing results sparked renewed concerns about the financial sector's health.
Stocks seesawed on Wednesday as disappointing quarterly results from top banks sparked caution over the health of financials, though sentiment rose after a robust earnings report from Apple Inc .
U.S. stock index futures pointed to a lower open on Wednesday after a batch of corporate earnings mostly beat lowered expectations, but the key financial sector continued to show signs of weakness.
U.S. stock index futures pointed to a lower open on Wednesday after disappointing quarterly banking results dented recent optimism about the financial sector's recovery.
Stock index futures fell on Wednesday, a day after the Nasdaq stock index clinched a 10-day winning streak, as investors braced for another round of quarterly results from bellwethers including Morgan Stanley and Boeing Co .
