Diversified Capital Markets

DuPont (NYSE: DD) posted good results, but its impact on the market was negated by depressed consumer confidence data. Art Cashin, director of floor operations at UBS Financial Services (NYSE: UBS), told CNBC, “The DuPont numbers were just terrific and that’s what’s giving us a bit of a boost....

Cusick’s Corner The market has been in quite a range, coming off its overnight highs into the Midday and just waffling around break even. The market at this stage, short-term, is in a bullish consolidation and most traders are waiting to see if another push to the upside is going to potentially...

At 1:00 pm, the Dow gained 0.08% to 10,533.91, the broader Standard & Poor's 500 index moved down 0.18% to 1,113.02 and the NASDAQ composite index fell 0.42% to 2,286.88. The industries that are driving the market today are: Computer Based Systems: This industry jumped 6.47% by 1:00 pm. The top...

US stock index futures rose sharply today as strong results by several companies boosted market sentiments. While futures on the Dow Jones Industrial Average climbed 53 points to 10510, those on the S&P 500 added 6 points to 1115.50. Meanwhile, Nasdaq 100 futures moved up 9.25 points to 1896.70...

Deutsche Bank (NYSE: DB), Germany's largest bank, said its second-quarter profit rose 6.4% to $1.51 billion as profit increases in its retail banking operation helped counter slumps in its sales and trading operations. Deutsche Bank saw declines of 15% in its sales and trading unit, a drop that was...

• Sunday's WSJ reported that GlaxoSmithKline (NYSE: GSK) had made a "very casual approach" to Genzyme (NASDAQ: GENZ) • Reports say embattled BP (NYSE: BP) CEO Tony Hayward is on his way out, as the firm reports results tomorrow, with American executive Bob Dudley expected to replace Hayward • ...

Credit Suisse (NYSE: CS) reported Thursday a profit of 1.6 billion Swiss francs ($1.52 billion) against the Street estimate of 1.23 billion Swiss francs. Reuters reports that "Credit Suisse was able to continue to attract money from wealthy clients, albeit at a slower pace than in the previous...

Some optimism returned to the Street on Monday after Friday’s hammering, helping stocks post modest gains even as investors confronted some conflicting signals about the economic recovery and mixed earnings reports. However, even as demand for riskier assets rose, investors proceeded with caution...

Affymax, Inc. (Nasdaq: AFFY) today announced the completion of the sale at par value of all auction rate securities held by UBS AG (NYSE: UBS) in a transaction which generated net proceeds of $5.0 million to Affymax, after payment of $5.4 million from the proceeds to retire a loan due to UBS. From...

Deutsche Bank (NYSE: DB) analysts met with the management of Lam Research (NASDAQ: LRCX), Mattson (NASDAQ: MTSN), KLA-Tencor (NASDAQ: KLAC), and Applied Materials (NASDAQ: AMAT) yesterday. The companies told the analysts that fundamentals in the semiconductor industry remain strong going into the...

US stock futures moved up today after investors cheered better-than-anticipated earnings from Intel (NASDAQ: INTC). While futures on the Dow Jones Industrial Average climbed 27 points to 10315, those on the S&P 500 gained 2.8 points to 1092.50. Futures on the technology-laden Nasdaq 100...

Below are the top finance stocks on the NYSE in terms of cash. Deutsche Bank AG (NYSE: DB) had $1.35 trillion in total cash for the latest quarter. Meanwhile, DB’s total debt amounted to $451.41 billion. Barclays PLC (NYSE: BCS) had $1.24 trillion in total cash and $652.05 billion in total debt for...