While you were sleeping: Earnings disappoint
By Margreet Dietz Oct. 26 (BusinessDesk) - Stocks on both sides of the Atlantic slid amid disappointing results from companies including 3M and Caterpillar. Also hurting sentiment was a report showing US consumer confidence weakened more than expected. And oil fell. "We'...
While you were sleeping: Sentiment lifts Wall St
By Margreet Dietz Oct. 25 (BusinessDesk) - Wall Street gained on optimism about the outlook for corporate earnings, and a fresh wave of merger activity including AT&T’s agreement to buy Time Warner also bolstered sentiment. In 2.26pm trading in New York, the Dow Jones Indus...
While you were sleeping: Earnings disappoint
By Margreet Dietz Oct. 21 (BusinessDesk) - Equities on both sides of the Atlantic fell amid disappointing earnings from Travelers and Nestle. In 2.04pm trading in New York, the Dow Jones Industrial Average slipped 0.1 percent, while the Nasdaq Composite Index fell 0.2 perce...
While you were sleeping: Stocks, oil rise
By Margreet Dietz Oct. 20 (BusinessDesk) - Wall Street gained with the price of oil and as US companies including Yahoo! reported better-than-expected quarterly earnings. About 80 percent of the 70 S&P 500 companies that have reported so far have exceeded earnings' estimat...
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