Several big American companies — General Electric, Schlumberger, Microsoft — reported weak earnings and quarterly losses today. The question is, are we due for another round of major layoffs?
Bank of America just reported its quarterly earnings and they're better than expected: $2.5 billion in profit. What does that mean for the U.S. economy on the whole?
JPMorgan Chase has just released its quarterly earnings report, and the big number to report is: $4.4 billion. That's the new estimate for the size of JPMorgan's loss from risky trading bets.
Today the aluminum company Alcoa kicks off America's quarterly corporate earnings season. Markets are bracing for disappointing numbers which may last through the Summer and Fall.
After the markets close today, everybody on Wall Street will be waiting to hear from the big aluminum producer Alcoa. The company's earnings are likely to give us clues about a lot more than metal.
Kate Warne, investment strategist at Edward Jones, discusses why profits are up at Macy's given all the things weighing on consumers, and the latest earnings from Toyota and Disney.
Later today we'll find out how Apple did over the last few months. And given the recent drop in Apple's stock price, there are questions about whether the company can remain the juggernaut that it's been.
The corporate earnings reports are flooding in this morning, with companies like Southwest Airlines and Verizon telling us how they did in the first part of this year. In recent quarters, companies have padded their profits by cutting costs.
