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Caterpillar Posts Better Than Expected Q1 Earnings

Posted On Monday, 26 Apr 2010 By Michael. Under Earnings, Forecasts, Good News, Major Moves, Market Updates  Tags: analyst, analyst estimates, Caterpillar, caterpillar inc, company, construction, DOW, Earnings, Economy, first quarter, forecasting, global economy, price target, q1 earnings, quarter earnings, S&P, share revenues, stock, Trading  
Caterpillar Posts Better Than Expected Q1 Earnings 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 ...

Strong earnings send market higher

Posted On Friday, 13 Nov 2009 By Michael. Under After the Bell, Earnings, Good News  Tags: amp, analyst, analyst estimates, company, dis, disney, DOW, Earnings, earnings report, fourth quarter earnings, j c penny, jcp, major index, market, NASDAQ, nyse, preview, quarter, quarter earnings, S&P, stock, today, Walt, walt disney  
Strong earnings send market higher All of the major index's were higher today, following a strong round of earnings report this morning. The DOW closed the day up 0.7%, NASDAQ up 0.8% and the S&P rose 0.5%. Walt Disney (NYSE: DIS) reported fiscal fourth quarter earnings last night following the market close, and easily outpaced analyst estimates. Analysts had been expecting to see the company report 41 cents per share, but the actual report was much higher ...

Wall Street has best week in 2 months

Posted On Friday, 09 Oct 2009 By Michael. Under After the Bell, Good News, Market Updates  Tags: brocade brcd, cisco systems, commerce department, csco, DOW, international business machines, jobless claims, NASDAQ, new 52 week highs, news today, pier one, pir, S&P, schering plough, schering plough sgp, stock, target tgt, trade deficit, wall street  
Wall Street has best week in 2 months The DOW closed at its highest in a year, as the market had its best week in the past 2 months, and snapping a two week losing streak. For the week, the DOW was up 4%, with the Nasdaq and S&P both up an impressive 4.5%. We got a couple pieces of good news today. The Commerce Department noted that the trade deficit fell by 3.6%, and we also got news that ...

Market Update – Markets close the week on a sour note

Posted On Friday, 13 Feb 2009 By Michael. Under After the Bell, Bad News, Congress, Economy, Foreclosures, Housing, Market Updates, Politics, Recession  Tags: DOW, Foreclosures, Housing, NASDAQ, Obama, S&P, stimulus, wall street  
Market Update – Markets close the week on a sour note Friday was another sell off for the market, as investors continue to show fear ahead of a plan out of Washington on how to reverse the current recession that seems to be deepening with each passing day. The DOW was down 1.04% today, the NASDAQ traded 0.5% lower, and the S&P dropped another 1.0% in today's trading. For the week, the DOW dropped a total of 5.2%, and is sitting at lows ...
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