AT&T Inc. (NYSE: T) reported this morning that its second-quarter profit came in at $3.9 billion, or $0.66 per share. That is up from from $3.59 billion, or $0.60 per share, in…
U.S. stock futures are down slightly, indicating that the Standard & Poor’s 500 Index is likely to remain near a one-week low. European sovereign-debt worries continue to be of concern, ameliorated somewhat…
Carlyle (NASDAQ: CG) may buy a unit of United Technologies (NYSE: UTX). (Reuters) More factories move to the United States as China’s manufacturing costs rise. (Reuters) The CEOs of Apple (NASDAQ: AAPL)…
The three major US stock indexes opened lower this morning as Spanish 10-year bond yields rose sharply above 7% (our coverage here) and German magazine Der Spiegel published a story that suggested…
The increase in the stock prices of companies that have strong cash flow and high dividends almost certainly will continue as investors look for safe havens that pay investors an actual return.…
Samsung management said the sales of its flagship Galaxy S III smartphone reached 10 million in the first two months it has been on the market. That pace may not be quite…
When Gallup asked people about the state of the economy this spring, as a recovery appeared to have taken hold, the polling company found “nearly half of Americans, 46%, still say the…
Verizon Communications Inc. (NYSE: VZ) reported second-quarter results this morning that were inline with consensus estimates. Diluted earnings per share (EPS) came in at $0.64, on target with the estimate, and revenue…
A new consumer agency fines Capital One (NYSE: COF) $210 million for aggressive marketing activity.(Reuters) New IMF policies will examine whether individual national economies might hurt global growth. (Reuters) IBM (NYSE: IBM) raises…
Thursday will mark yet another important day for this earnings season. The second quarter became more challenging for many companies, as we noted about so many tech warnings weighing on shares last…
Next month AT&T (NYSE: T), the second-largest mobile provider in the United States, will launch a new service that allows its customers to buy a single data plan for up to 10…
Trey Thoelcke Ericsson posted disappointing earnings. So did network supply firms Alcatel-Lucent (NYSE: ALU) and ZTE. Telecom firms, wireless suppliers and cable companies have retreated from increasingly higher spending habits that have ranged over several…
Sprint Nextel Corporation (NYSE: S) has witnessed a substantial recovery. In fact, its shares are now almost three-quarters of the way to having doubled off of its $2.10 low seen on January…
If you thought things were ever dicey at Cisco Systems, Inc. (NASDAQ: CSCO), the woes happening at Alcatel-Lucent SA (NYSE: ALU) are just atrocious. The sad thing to see is that what…
Investors cannot make any money in the bond market right now merely by buying and holding Treasury bonds forever. The problem is that Treasury yields are at record lows. In some parts…
