The following is a round-up of news likely to affect stock prices today:

Citigroup (C), Goldman Sachs (GS), J.P. Morgan Chase (JPM), Morgan Stanley (MS) and Bank of America (BAC) are just five of 18 banks that masked the level of risk they took over the last five quarters by lowering their debt levels just before recording the figures publicly, the Wall Street Journal reported, according to data...

Continue reading Stocks in the News: Banks, Chevron, Wal-Mart

Stocks in the News: Banks, Chevron, Wal-Mart originally appeared on DailyFinance on Fri, 09 Apr 2010 08:15:00.

Filed Under: Company News, Investing, JP Morgan Chase, Ford Motor Co., Goldman Sachs , JC Penney, Morgan Stanley , Bank of America, Wal-Mart Stores, TJX, Citigroup

The following is a round-up of news likely to affect stock prices today:

Ford Motor Co. (F) signed a binding deal on Sunday with Zhejiang Geely Holding Group to sell its Volvo Cars unit for $1.8 billion. This is in line with the independent Chinese automaker's aim to expand in Europe. The sale is expected to be completed in the third quarter. Ford bought Volvo Cars from AB Volvo in 1999 for $6.45...

Continue reading Stocks in the News: Ford, Rio Tinto, Vodafone

Stocks in the News: Ford, Rio Tinto, Vodafone originally appeared on DailyFinance on Mon, 29 Mar 2010 08:10:00.

Filed Under: Company News, Investing, Ford Motor Co., Apple, China Mobile, Citigroup

Royal Dutch Shell and PetroChina have made a $3 billion offer for Arrow Energy, a coal-seam gas producer in Australia. But the politics of the deal could get complicated as PetroChina is controlled by the Chinese government. Last year's Rio Tinto-Chinalco deal fell through as Australia refused to cede control of a strategic asset to a foreign power.

Continue reading Shell and PetroChina Go Down Under for a $3 Billion Deal

Shell and PetroChina Go Down Under for a $3 Billion Deal originally appeared on DailyFinance on Mon, 08 Mar 2010 12:30:00.

Filed Under: Investing, Exxon Mobil

The following is a round-up of news likely to affect stock prices today:

Marriott International (MAR) says it moved to a fourth-quarter profit as leisure travelers took advantage of promotions and business travel improved. Marriott earned $106 million, or 28 cents per share. Adjusted income was 32 cents per share, better than the 26 cents per share analysts had forecast. Revenues of $3.38 billion beat Wall Street estimates, too. Shares were up over 2% in premarket trading.

Continue reading Stocks in the News: Marriott, PepsiCo, Viacom

Stocks in the News: Marriott, PepsiCo, Viacom originally appeared on DailyFinance on Thu, 11 Feb 2010 07:40:00.

Filed Under: Company News, Investing, Marriott International

The following is a round-up of news likely to affect stock prices today:

J.P. Morgan Chase (JPM) reported Friday that in the fourth quarter it earned $3.3 billion, or 74 cents a share, more than the 66 cents a share analysts had expected and a significant improvement over last year's quarter results of $702 million, or 6 cents a share. But its credit costs remained high and it set aside nearly $2 billion to cover consumer loan losses as unemployment remains high. Revenue in the fourth quarter was $23.16 billion, versus $17.23 billion a year ago and the $27 billion analysts estimated. The banking giant also didn't change its dividend payout, which remained at 5 cent a share in the quarter. Shares fell nearly 2% in reaction to the earnings report, but have steadies since and 8:58 a.m. were down 0.87%.

Continue reading Stocks in the News: JPMorgan, Intel, Bare Escentuals, CF Industries

Stocks in the News: JPMorgan, Intel, Bare Escentuals, CF Industries originally appeared on DailyFinance on Fri, 15 Jan 2010 07:45:00.

Filed Under: JP Morgan Chase, Goldman Sachs , Intel, Microsoft, Morgan Stanley , Apple, Bank of America, Verizon, Wells Fargo & Co.

The following is a round-up of news likely to affect stock prices today:

Intel (INTC) is scheduled to post results Thursday after the closing bell. As one of several technology bellwether stocks, investors eagerly await the company's numbers and an indication of the health of the sector. Intel is expected to report quarterly earnings of 30 cents a share on revenue of $10.2 billion, according to Thomson Reuters. These expected results would be an improvement over last year's results when Intel posted earnings of 4 cents a share on revenue of $8.2 billion. Shares climbed about 1% ahead of the bell.

Continue reading Stocks in the News: Intel, Rio Tinto, Google

Stocks in the News: Intel, Rio Tinto, Google originally appeared on DailyFinance on Thu, 14 Jan 2010 07:45:00.

Filed Under: JP Morgan Chase, IBM, Google , Intel, Kraft Foods, Apple, Hershey, Walt Disney

The following is a round-up of news likely to affect stock prices today:

Google Inc. (GOOG) late Tuesday explained on its Google Blog how in mid-December it detected cyber-attacks originating from China. The attacks were part of a larger assault on other companies. At Google, the attackers accessed the Gmail accounts of Chinese human rights activists and the accounts of dozens of American and European-based supporters of human rights in China. The "Don't Be Evil" search engine giant may return to the roots of its motto, as it has said it will stop censoring its search results in China and is considering pulling out of the country. Shares declined 1.4% in premarket trading.

Continue reading Stocks in the News: Google, Kraft, Baidu

Stocks in the News: Google, Kraft, Baidu originally appeared on DailyFinance on Wed, 13 Jan 2010 07:55:00.

Filed Under: Company News, Investing