Household Appliances

At 1:16 pm, Dow gained 32.12, or 0.29%, to 11,236.32, while the broader Standard & Poor's 500 index lost 1 or 0.08%. The Nasdaq composite index has also slipped 0.67 points or 0.03%. The industries that are helping the market keep afloat today are: Music & Video Stores: The top gainer of...

Trading in Europe is up, despite widening yields on Greek debt. In the US, two big companies, Caterpillar (NYSE: CAT) and Whirlpool (NYSE: WHR), reported better-than-expected sales and earnings and raised their guidance. CAT was trading 4% up in the pre-open session, after reporting earnings at $0....

It's called unshortable for a reason - ask any who bet against Chipotle Mexican Grill (CMG), Netflix (NFLX), or indeed even our lowly Atheros Communications, Riverbed Technology (RVBD) or F5 Networks (FFIV) last week. Or indeed... you cannot even bet against refrigerator makers... cripes.  I think...

Whirlpool Corp. (NYSE: WHR) has announced stupendous first-quarter numbers. The company has exceeded market expectations and has announced its Q1 earnings at $164 million, up from $68 million a year earlier. Its earnings per share for the quarter stood at $2.13. The company’s gross margin increased...

• Charles River (NYSE:CRL) announced plans to acquire China’s WuXi PharmaTech (NYSE:WX) for $21.25 in cash and common shares, a deal valued at $1.6 billion • Hertz (NYSE:HTZ) plans to buy Dollar Thrifty (NYSE:DTG) for $41, 80% in cash and 20% in stock, for $1.2 billion total • Citigroup (NYSE:C)...

US stock futures continued to move up further today after Caterpillar Inc (NYSE: CAT) switched to profits in Q1 and raised its profit outlook for the full year citing an improving economy. While futures for the Dow Jones Industrial Average added 25 points to 11167, those for the S&P 500 index...

Some of the companies that are expected to see active trade today are: Caterpillar (NYSE: CAT) is expected to post its EPS at $0.39 for the first quarter. CAT’s shares gained 1.88% to close at $68.78 on Friday. Financial analysts expect Texas Instruments (NYSE: TXN) to have earned $0.51 per share...

US stocks opened higher today, after several companies posted strong earnings. While the Dow Jones Industrial Average gained 30 points, or 0.3%, to 11123, in early trading, the Nasdaq Composite has moved up only 0.4%. Meanwhile, the Standard & Poor's 500 index climbed 0.5%, led by the...

According to Barron’s, cash built-up by many companies during the economic recession was not the result of higher sales but of some accounting maneuvers. During the downturn, many companies adjusted their working capitals by reducing inventories, increasing payment periods, and reducing receivables...

• Google (NASDAQ:GOOG) reported first quarter results of $6.76 ex-items up 31% from year-earlier results of $5.16 and topping estimates of $6.58 on a 23% rise in revenues to $6.77 billion. • Advanced Micro Devices (NYSE:AMD) posted a surprise profit of 9 cents ex-items, above consensus projections...

A few months back, The Stanley Works announced the acquisition of Black & Decker Corporation (BDK), and has recently completed the merger. According to the agreement, each outstanding share of BDK will be converted into 1.275 shares of Stanley Works.   Stanley’s shareholders will own...