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Stocks Moving Sharply Higher Today
Wednesday, October 20, 2010 - 12:29pm | 186The broader market is moving sharply higher today, one day after sharply selling off yesterday. Boston Scientic (NYSE: BSX) is one name to note, as the stent maker reported better than expected earnings yesterday, and is the top gainer in the S&P 500, gaining 10.4% to $6.59, a gain of 62 cents...
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Banks: Finally Turning the Corner?
Wednesday, October 20, 2010 - 11:45am | 124Wells Fargo (NYSE: WFC) and US Bancorp (NYSE: USB), two of the largest U.S. banks, reported higher third-quarter earnings and said corporate loan demand is rising. US Bancorp said it saw its first quarterly rise in total commercial loans since the end of 2008 and Wells Fargo also reported a...
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News Summary
Wednesday, October 20, 2010 - 10:13am | 174Shares of Delta Air Lines Inc (NYSE: DAL) gained about 7% after the company swung to Q3 net profit of $0.43 per share, compared with a loss of $0.19 per share, in the year-ago period. Delta would have earned $1.10 per share, excluding one-time items. However, analysts were expecting earnings at $0....
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News Summary
Wednesday, October 20, 2010 - 10:03am | 174Shares of Delta Air Lines Inc (NYSE: DAL) gained about 7% after the company swung to Q3 net profit of $0.43 per share, compared with a loss of $0.19 per share, in the year-ago period. Delta would have earned $1.10 per share, excluding one-time items. However, analysts were expecting earnings at $0....
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News Summary
Wednesday, October 20, 2010 - 9:40am | 174Shares of Delta Air Lines Inc (NYSE: DAL) gained about 7% after the company swung to Q3 net profit of $0.43 per share, compared with a loss of $0.19 per share, in the year-ago period. Delta would have earned $1.10 per share, excluding one-time items. However, analysts were expecting earnings at $0....
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Wells Fargo Reports Record Net Income; EPS $.60
Wednesday, October 20, 2010 - 8:05am | 151Wells Fargo & Company (NYSE: WFC): Record quarterly earnings Record net income of $3.34 billion; $21.2 billion of cumulative net income since Wachovia merger closed December 31, 2008 Net income applicable to common stock a record $3.15 billion, up 19 percent from prior year and up 9...
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Comerica Down In Pre-Market
Wednesday, October 20, 2010 - 7:58am | 76Shares of Comerica Incorporated (NYSE: CMA) are down nearly 2% in pre-market trading, as the bank missed estimates by 7 cents this morning. Comerica reported net income of 33 cents a share, compared to a loss of $16 million, or 10 cents a share, in the same period a year earlier. Analysts had...
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US Stock Futures Up As Investors Await Another Round Of Earnings
Wednesday, October 20, 2010 - 6:21am | 267US stock futures moved up, as investors are awaiting another round of earnings from several major companies today. Futures for the Dow Jones Industrial Average gained 20 points to 10,963.00, while those for the S&P 500 rose 4 points to 1,167.80. Futures for the Nasdaq 100 moved up 10.25 points...
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Earnings Scheduled For October 20 (MS, EBAY, BA, WFC, GENZ, ETFC, STX, DAL, MTB, AMR, LCC, NFLX, ADS, ABT, UTX, STJ, MI, USB, MO, BLK, SWK)
Wednesday, October 20, 2010 - 4:35am | 519Morgan Stanley (NYSE: MS) is likely to post its earnings at $0.15 per share on $6.44 billion in revenue in the third-quarter. eBay Inc (NASDAQ: EBAY) may report its Q3 earnings at $0.37 per share on revenue of $2.18 billion. Boeing (NYSE: BA) is expected to report its Q3 earnings at $1.06 per share...
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Stocks To Watch For October 20 (YHOO, WFC, ALTR, MS, EBAY)
Wednesday, October 20, 2010 - 4:06am | 226Some of the stocks that may grab the investor focus today are: Yahoo Inc (NASDAQ: YHOO) reported its Q3 net income at $0.29 per share, up from $0.13 per share, in the year-ago period. The company's net revenue came in at $1.12 billion, as compared to $1.13 billion, in the year-ago quarter. However...
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Stock Market News for October 19, 2010 - Market News
Tuesday, October 19, 2010 - 9:30am | 1159Citigroup's upbeat earnings report and better-than-expected news from the homebuilding front sent markets higher on Monday. Citigroup's earnings helped push financials up more than 2%. The Dow Jones industrial average added 81 points, or 0.7%, to 11143.69. The tech-heavy Nasdaq Composite index...
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Top 4 Stocks In the Regional-Midwest Banks Industry With The Highest Operating Cash Flow (USB, NTRS, CMA, FMER)
Tuesday, October 19, 2010 - 5:28am | 147Below are the top regional-midwest bank stocks on the NYSE and the NASDAQ in terms of operating cash flow. The trailing-twelve-month operating cash flow at US Bancorp (NYSE: USB) is $10.79 billion. USB's quarterly earnings surged 62.60% y/y. The trailing-twelve-month operating cash flow at Northern...
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Top 4 Stocks In The Money Center Banks Industry With The Highest Dividend Yield (BMO, CM, RY, BNS)
Tuesday, October 19, 2010 - 5:10am | 129Below are the top money center bank stocks on the NYSE and the NASDAQ in terms of dividend yield. Bank Of Montreal (NYSE: BMO) has a dividend yield of 4.60%. BMO's shares closed at $60.23 yesterday. Canadian Imperial Bank of Commerce (NYSE: CM) has a dividend yield of 4.40%. CM's shares closed at $...
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Benzinga's Top ETF Decliners (FAZ, DTO, DRV, VXX)
Monday, October 18, 2010 - 6:49pm | 217Direxion Daily Financial Bear 3X Shares(ETF) (NYSE: FAZ) broke its two-day winning streak, as the financial stocks traded higher. Bank of America Corporation (NYSE: BAC) gained 3.01%, Citi (NYSE: C) added 5.57%, and Wells Fargo (NYSE: WFC) jumped 5.47%. Powershares DB Crude Oil Double Short ETN (...
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Benzinga's Top ETF Gainers (FDM, FAS, PDP, UCO)
Monday, October 18, 2010 - 6:33pm | 213First Trust Dow Jones Select MicroCap (ETF) (NYSE: FDM) led the gainers among the ETFs today, with an increase of 10.71%. FDM closed at $21.50, and had a volume of 555K traded shares. Direxion Daily Financial Bull 3X Shares(ETF) (NYSE: FAS) jumped 5.16%, as the financial sector stocks managed to...