At less than 1.5% of EU GDP, Brussels’ budget is too small to be worth spinning about. Much more interesting, and not widely reported, is the bid to create a bailout fund for the euroThis is not a real coalition. A real, serious coalition, the sort that Britain experienced during the second world war, involves the principal political parties. But there is a principal political party missing from this so-called coalition, and it is called the Labour party.As for the (very) junior partners in the … Read More
- » Earnings Roundup: XOM, MMM, DOW, MCO, MOT, EK
Exxon Mobil Corp. (NYSE: XOM) said Thursday that its third-quarter net income jumped 55%, helped by higher crude oil and natural gas realizations, improved refining margins, and strong chemical results.
- » ETF Preview: Broad-Based ETFs, Energy Funds Get Modest Lift From Exxon Mobil
Major market ETFs, including the SPY, DIA, IWM and others, are firmer. The broad-market actively traded PowerShares QQQ (QQQQ), which tracks the tech-heavy Nasdaq, is up 0.1% this morning.
- » US Stock Futures Rise As Jobless Claims Fall, LDK Solar (NYSE: LDK) Eyed
US stock-index futures rose on Thursday after a government report showed that jobless claims fell 21,000 to 434,000 in the latest week.[More...]
- » Notable Earnings After Thursday's Close: MSFT, FSLR, EXPE, CSTR, BMC, KLAC
Microsoft Corporation (NASDAQ: MSFT) is scheduled to release its fiscal first-quarter earnings after the closing bell on Thursday, October 28, 2010[More...]
- » Chart Of The Week & Shifting Energy Demand
Global energy consumption fell for the first time in nearly three decades last year as slowed manufacturing and idled factories drove consumption lower. Overall, global energy consumption fell 1.1 percent in 2009, the largest decline since Ronald Reaga...
- » Closing Update: Mixed Finish Allows Tech-Heavy Nasdaq To Extend Win Streak
Stocks scratch back late in afternoon trading with help from tech shares after a favorable batch of earnings. Firmer tech trading landed the Nasdaq in positive territory at the closing bell. The S&P 500 ended down 0.3%, while the DJIA fell 0.4%. Qu...
- » Notable Earnings Before Thursday's Open: XOM, DOW, MOT, MCO, EK, OMX
Exxon Mobil Corp. (NYSE: XOM) is scheduled to release its fiscal third-quarter financial results before the opening bell on Thursday, October 28, 2010.[More...]
- » Hot Stocks Of The Day: BRCD, ASTI, TNP, PTIE, GTXI
US stocks dropped on Wednesday after a report said that the Federal Reserve's next round of quantitative easing may be smaller than than previously thought.[More...]
- » The Return Of $100 Oil
If the Fed had half a brain... it'd be dangerous. But they fail to see that another trillion dollar injection will do more harm than good.[More...]
- » Oil Falls As Dollar Strength Continues
It’s suddenly much harder to make the bull case for oil if the Dollar is starting to turn. This has already halted the march in gold and equities, so there’s little to suggest that oil can make it on its own.
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