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Will Crude Oil Continue To Drop?
Monday, April 19, 2010 - 12:00pm | 1833Will Crude Oil Continue To Drop? Over the past week, Crude Oil saw an extremely volatile session. After peaking at $86.60 a barrel, crude oil sharply dropped and is currently trading at $83.30 a barrel. At the same time, the Dollar is correcting losses against the Euro and the two trends seem to be...
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Will Crude Oil Continue To Drop?
Monday, April 19, 2010 - 12:00pm | 1833Will Crude Oil Continue To Drop? Over the past week, Crude Oil saw an extremely volatile session. After peaking at $86.60 a barrel, crude oil sharply dropped and is currently trading at $83.30 a barrel. At the same time, the Dollar is correcting losses against the Euro and the two trends seem to be...
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Top Stocks of Connecticut
Saturday, April 17, 2010 - 2:24am | 816The state of Connecticut is home to the BioScience cluster, the Aerospace, Software and information technology, Metal Manufacturing, Maritime, Plastics, Agricultural, and Insurance and financial services clusters. These clusters symbolize the state’s diversified economy, and are evident in the...
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Afternoon Market Update Goldman (NYSE: GS), Best Buy (NYSE: BBY), General Electric Co (NYSE: GE), Boston Scientific (NYSE: BSX)
Friday, April 16, 2010 - 4:39pm | 325The Securities and Exchange Commission has today charged Goldman Sachs Group (NYSE: GS) with defrauding investors. The SEC has alleged that GS created and sold opaque collateralized-debt obligations, or CDOs, that were dependent on the performance of subprime-mortgage-backed securities. According...
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General Electric Pays $0 In US Tax (GE)
Friday, April 16, 2010 - 2:51pm | 133General Electric (NYSE: GE) owes the U.S. government a massive $0 in taxes. General Electric earned a profit of $10.8 billion from its international business, but its U.S. operations lost $408 million. According to CNN, GE (GE) reported an actual US federal income tax rate of negative 10.5%. The...
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Market Roundup (GOOG, AMD, UBS, HBC, ORCL, PFWD, GE)
Friday, April 16, 2010 - 2:48pm | 335Despite reports showing a rise in home construction and permits for future building, stock futures point to a lower opening. Investor sentiments are being weighed down by lower-than-expected earnings from Google (NASDAQ: GOOG) and Advanced Micro Devices (NYSE: AMD). S&P futures fell 0.47%....
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Market Roundup (GOOG, AMD, UBS, HBC, ORCL, PFWD, GE)
Friday, April 16, 2010 - 10:07am | 334Despite reports showing a rise in home construction and permits for future building, stock futures point to a lower opening. Investor sentiments are being weighed down by lower-than-expected earnings from Google (NASDAQ: GOOG) and Advanced Micro Devices (NYSE: AMD). S&P futures fell 0.47%....
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Some Light Sell the News Reactions
Friday, April 16, 2010 - 9:51am | 788I am still looking for selloffs on good news as a potential inflection point... Despite "surprising"* beats by Google (GOOG), General Electric (GE) and Bank of America (BAC) we are not getting a whoosh upward. It doesn't mean much because the market is up 9 of the past 10 days... it's due for a...
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Company News for April 16, 2010 - Corporate Summary
Friday, April 16, 2010 - 9:45am | 251• 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...
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Stock Market News for April 16, 2010 - Market News
Friday, April 16, 2010 - 9:30am | 458Stocks advanced for a sixth straight session but the rally was unimpressive as fears of further monetary tightening measures from China and Google’s not-so-sound results dampened enthusiasm. Although Alcoa (NYSE:AA) kicked off the earning season on a disappointing note, giving markets some initial...
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US Stock Futures Dip; Points To Weak Opening
Friday, April 16, 2010 - 8:45am | 285US stock futures have dipped today after moving up for six consecutive days, as lower-than-expected results from Google (NASDAQ: GOOG) triggered worries over strength in the technology sector. Futures on the Dow Jones Industrial Average fell 9 points, while those on the S&P 500 lost 1.8 points...
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Daily Futures Commentary April 16, 2010
Friday, April 16, 2010 - 8:30am | 540Friday, April 16, 2010 U.S. equity markets are expected to open lower following a sell-off in Google stock after the company reported better than expected earnings last night. This morning the markets are expected to be driven by earnings reports from General Electric (GE) and Bank of America (BAC...
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Daily Futures Commentary April 16, 2010
Friday, April 16, 2010 - 8:30am | 540Friday, April 16, 2010 U.S. equity markets are expected to open lower following a sell-off in Google stock after the company reported better than expected earnings last night. This morning the markets are expected to be driven by earnings reports from General Electric (GE) and Bank of America (BAC...
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General Electric Company (GE) Reports Better-Than-Expected First-Quarter Profit
Friday, April 16, 2010 - 7:23am | 91General Electric Company (NYSE: GE) has reported higher-than-expected profit in its first-quarter. The company reported a profit of $1.87 billion, or $0.17 per share in its first-quarter, which is lower than $2.75 billion, or $0.26 per share it reported for the same period last year. Profit from...
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ETFs To Watch April 16, 2010 (XLI, SMH, JJN, TAO)
Friday, April 16, 2010 - 5:46am | 199Here is the ETF Professor's ETF Watch List for Friday April 16, 2010. Play Google's (Nasdaq: GOOG) earnings with the First Trust Dow Jones Internet Index (NYSE: FDN). Play General Electric's (NYSE: GE) with the Industrial Select Sector SPDR (NYSE: XLI). Play Bank of America's earnings with the...