Microsoft Corp is set to post a 9 percent jump in fiscal fourth-quarter profit on Thursday, putting the cap on its best financial year ever, but investors are fidgety over flagging computer sales and a gnawing feeling that the tech pioneer will never recapture old growth rates.
IBM's signings of new business at its services division surged 16 percent in the second quarter, trouncing expectations and raising hopes that 2011 will be a good year for the technology sector.
Stocks dropped on Monday as bank shares bore the brunt of investor frustration over governments' inability to solve debt crises in the United States and Europe.
Stocks dropped on Monday as bank shares bore the brunt of investor frustration over governments' inability to solve debt crises in the United States and Europe.
Stocks fell more than 1 percent on Monday as concerns the United States and Europe were not coming to grips with their debt problems battered bank shares.
Stock indexes fell more than 1 percent on Monday, led by banks on concerns the United States and Europe were not coming to grips with the extent of their debt problems.
Stock index futures were lower on Monday as the deadline for a U.S. debt deal neared with no resolution in sight and investors continued to fret over ongoing fiscal problems in Europe.
Stock index futures slumped on Monday with no deal in sight on raising the U.S. debt ceiling and investors still fretting over ongoing fiscal problems in Europe.
Stock index futures slumped on Monday with no deal in sight on raising the U.S. debt ceiling and investors still fretting over ongoing fiscal problems in Europe.
Wall Street will soon get an idea of just how far the regulatory pendulum will swing.
World stocks and the euro fell while gold hit record highs on Monday as disappointment over financial health checks on European banks and escalating U.S. and euro zone debt problems sent investors scrambling for safe haven assets.
Gold and the Swiss franc hit record highs on Monday with further gains likely as the lack of any breakthrough to the escalating debt crisis in the euro zone and the United States saps demand for risky assets.
A special committee formed to oversee the integrity of Dow Jones & Co under parent News Corp is very concerned about the British phone hacking scandal that has shaken Rupert Murdoch's media empire.
Stocks will be hard pressed to turn the tide of recent selling this week as political jousting over raising the United States' debt ceiling intensifies.
Stocks will be hard pressed to turn the tide of recent selling next week as political jousting over raising the United States' debt ceiling intensifies.
Standard & Poor's on Friday raised the pressure on debt negotiators in Washington, saying it could downgrade insurers, securities clearinghouses, mortgage agencies and a laundry list of other firms without a deal soon to lift the debt ceiling and cut the deficit.
Standard & Poor's on Friday put a broad range of financial companies on negative credit watch, warning they could all be downgraded soon if the United States has its credit rating cut.
Apple Inc
should deliver yet another bumper quarter, but some investors are holding out for a monstrous second half when the new iPhone hits and a new online content service takes wing.
Google's blowout quarter led the Nasdaq higher on Friday but mounting uncertainty about the government's ability to reach a debt-reduction deal may keep investors at bay in the coming week.
Google's blowout quarter led the Nasdaq higher on Friday, but mounting uncertainty about the government's ability to reach a debt-reduction deal may keep investors at bay in the coming week.
Stocks were mostly flat on Friday on heightened uncertainty about the government's ability to reach a debt-reduction deal, but a sharp rise in Google shares lifted the Nasdaq.
Stocks advanced slightly in volatile trading on Friday after results from the European banks' stress tests came out slightly better than expected.
Wall Street gave up much of its early gains on Friday as signs of weakness in the U.S. economy and concern over European bank stress tests outweighed strong earnings from Google and Citigroup.
Stocks rose on Friday after strong earnings from Google and Citigroup helped lift some of the angst about Europe's debt crisis and stalled U.S. budget talks.
Wall Street was set to rise on Friday after strong earnings from Google and Citigroup helped lift some of the angst about Europe's debt crisis and stalled U.S. budget talks that have overhung the market.
Wall Street was heading for its worst week in nearly a year, with index futures little changed on Friday as macroeconomic concerns keep markets volatile and overshadow the start of U.S. corporate earnings season.
Ratings agency Standard & Poor's has warned there is a one-in-two chance it could cut the United States' prized triple-A rating if a deal on raising the government's debt ceiling is not agreed soon.
The risk that the United States will lose its AAA credit rating in the next three months has risen considerably, even if lawmakers reach an agreement to raise the country's debt ceiling later this month, an S&P official said on Thursday.
Ratings agency Standard & Poor's has warned there is a one-in-two chance it could cut the United States' prized AAA credit rating if a deal on raising the government's debt ceiling is not agreed soon.
Ratings agency Standard & Poor's has warned there is a one-in-two chance it could cut the United States' prized triple-A rating if a deal on raising the government's debt ceiling is not agreed soon.