Stocks were little changed on Friday as a profit miss from Caterpillar and disappointing sales from Microsoft offset strong earnings from GE and McDonald's and a new deal to help Greece.
GE's stock opened in positive territory Friday after the company beat Wall Street's expectations in second quarter earnings. GE was upbeat about the future, including the latter half of 2011 and into 2012.
Stock index futures pointed to a lower open on Friday as a profit miss from Caterpillar and disappointing sales from Microsoft overshadowed strong profits from GE and McDonald's and a new deal to help Greece.
Stock index futures were little changed on Friday as Caterpillar's profit missed estimates, offsetting a strong report from GE and an agreement on a Greece rescue package.
The companies whose shares are gaining in pre-market trade on Friday are: Advanced Micro Devices, Sandisk Corp, General Electric, Schlumberger, Carnival, Suntrust Banks, McDonalds, McDonalds, Xerox and Red Hat Inc.
Stock index futures were little changed on Friday as Caterpillar's profit missed estimates, offsetting a strong report from GE and an agreement on a Greece rescue package.
The companies which are expected to see active trade on Friday are: Microsoft, Advanced Micro Devices, Caterpillar, General Electric, Schlumberger, Verizon Communications, McDonalds, Xerox, Dover, FLIR Systems, Honeywell International, Reynolds American and Rockwell Collins.
A U.S. Government default must be avoided by Washington lawmakers at all costs, former U.S. Treasury Secretary Lawrence Summers underscored, as it would trigger a financial panic worse than that precipitated by the collapse of Lehman Brothers in late 2008.
Time Inc.'s Fortune magazine released its annual Fortune Global 500 list, which is a ranking of the top 500 corporations worldwide as measured by revenue. Start slideshow to view a gallery of the top 10 biggest companies in the US.
A study says Toyota leads global companies in total dollars invested in research and development.
President Obama will announce a $500 million partnership to spur innovation and create jobs in the manufacturing sector during a speech at Carnegie Mellon University in Pittsburgh Friday.
General Electric Co on Sunday reached a tentative, four-year national labor contract with two key unions that cover more than 15,000 GE workers, or about 11 percent of its U.S. employees.
Google-owned YouTube is still the king of online video sites but when it comes to selling video ads, NBC's Hulu remains unbeatable, according to the latest comScore report.
We're certainly living in the new abnormal when Jeff Immelt, head of GE, is speaking like the President in a time of heightened political importance and awareness.
Stock index futures pointed to a firm opening on Wall Street on Tuesday, with futures for the S&P 500 up 0.6 percent, Dow Jones futures up 0.4 percent and Nasdaq 100 futures up 0.4 percent at 0735 GMT (2:35 a.m. ET).
Bubble Wrap maker Sealed Air Corp said it will buy privately held cleaning products maker Diversey Holdings for $2.9 billion in cash and stock, to enter the chemical cleaning and hygiene industry.
US Lawmakers sent a clear warning to President Barack Obama about growing exhaustion over the war in Afghanistan on Thursday as they passed a defense policy bill authorizing $690 billion in military spending for the 2012 fiscal year reported Reuters on Thursday.
Some of the biggest and best-known international banks held billions of dollars Libyan state oil money.
International Business Machines (IBM) has edged past old rival Microsoft Corp in market value for the first time since April 1996.
Tokyo Electric Power Co will promote a company insider to be its next president when the stricken Japanese utility reveals a net loss of as much as $18 billion, media say, the biggest corporate loss in the country outside the financial sector.
The Tennessee Valley Authority has shut down its undamaged Browns Ferry nuclear power plant in northern Alabama, cooling its reactors after power transmission lines into the plant were knocked out by severe storms in the state.
Alabama officials have declared an emergency at a nuclear power plant in the northern part of the state and have started shutting it down in the aftermath of severe storms and tornadoes that have pounded the state.
