Shares of financial giant State Street (STT) are trading sharply higher this morning after the company posted better than expected results for its first quarter this morning. Going into this morning's first quarter earnings report, analysts had been expecting to see State Street report earnings of $0.85 per share, but actual earnings came in above estimates at $0.88 per share. During the same period last year the company had earnings of $0.75. Revenues ...

The market is poised for another positive day as investors react to revised GDP numbers which show that the economy grew faster than previously thought at the end of last year. According to the Commerce Department, the economy grew at 3.1% during the fourth quarter, which is higher than analysts had been expecting to see. Going into today's report analysts had been expecting to see revised GDP output of 3.0%. Last month ...

Strong first quarter earnings from Caterpillar Inc. (CAT) have helped pushed the market higher to start off the week. Shares of Caterpillar are up 4.5% on the day to $71.91, up $3.13 following better than expected results this morning before the market opened. Analysts were forecasting $0.39 per share, and the company easily outpaced those estimates with a reported $0.50 per share. Revenues were a bit shy of analyst estimates, but the stock ...

Shares of Xerox (XRX) are soaring today, and set a new 52 week high today after posting better than expected first quarter numbers. Going into this mornings earnings report, analysts were forecasting $0.15 per share, verses $0.05 during the same period last year. Actual earnings came in well above estimates, at $0.18 per share excluding special items. Revenues were up by 33% during the quarter to $4.7 billion. Analysts had forecast revenues of ...

Some more big name companies are going to take their turn reporting earnings tomorrow. Here are a couple of the stocks to keep an eye out for tomorrow when they report earnings: Amazon.com Inc. (AMZN) : Following tomorrow's market close, online auction giant Amazon is going to report its first quarter results. Analysts are forecasting earnings of $0.61 per share, verses $0.41 during the same period last year. American Express Co. (AXP) ...

Shares of tech giant Apple Computer (AAPL) rose to a new all time high today after the company shattered analyst estimates for its fiscal second quarter. As we noted in our earnings preview for Apple, analysts had forecast earnings of $2.45 per share, and the company blew past those estimates with a reported $3.33. Once again the company got a big boost from iPhone sales, with 8.7 million new iPhones sold during ...

A couple more big names are due to report earnings tomorrow as earnings season continues to move right along. Here are a couple of the names to watch out for tomorrow. McDonald's Corp. (MCD) : McDonald's is going to be reporting its first quarter numbers tomorrow with analysts forecasting $0.96 per share, verses $0.83 during the same period last year. The company will be reporting its Q1 numbers before the market ...

Earnings season continues to chug right along, and tomorrow we have some more big names due to report their quarterly earnings. Here are a few of the names reporting tomorrow: Coca Cola (KO) : Coca Cola will be reporting first quarter numbers tomorrow, and analysts have forecast $0.74 per share. During the same period last year Coca Cola had earnings of $0.65. Apple Computer (AAPL) : Apple is going to report fiscal ...

This afternoon after the market closed, search engine giant Google Inc. (GOOG) reported better than expected earnings for its first quarter. As we noted in our Google earnings preview, analysts had forecast earnings of $6.60 for the quarter. Google outpaced analyst earnings by posting earnings of $6.76 a share. Despite posting better than expected earnings figures, the stock traded down nearly 5% in after hours trading as investors reacted negatively to the ...

The earnings season is officially under way, and so far earnings have been pretty positive. There are a couple of big names that will be reporting over the next couple days, including search engine giant Google Inc. (GOOG). Google Inc. (GOOG) : Google will be reporting its first quarter numbers tomorrow after the market closes. Wall Street has forecast earnings of $6.57 per share. For the same period last year the ...