Some business groups are calling on publicly-traded companies to stop issuing earnings forecasts. Host Scott Jagow and Newsweek Wall Street editor Alan Sloan discuss why some say those predictions do more harm than good.
Apple plans to restate some of its earnings for back-dating its stock options. Its stock sank today. How could the announcement impact the high-flying company? Rachel Dornhelm reports.
Investors today were cheered by news of a 36% jump in 2nd quarter profits at Procter & Gamble. But where Wall Street saw a silver lining, others see a gray cloud in the form of inflationary pressure. Bob Moon reports.
Natural gas prices are at near-record prices as oil hovers about $76 a barrel. The high energy prices come at a time of record electricity demand throughout the country due to a heat wave. Steve Tripoli reports.
Newsweek Magazine Wall Street Editor Allan Sloan talks with host Scott Jagow about all the deals going down on Wall Street lately and the trend of taking big public companies private.
The online retailer took a beating in the stock market yesterday. It could be an indication investors have waning patience for the company's growth strategy. Jason Paur reports.
General Motors said today it lost $3.2 billion in the 2nd quarter, but the real story is that its sales surged 12%. Amy Scott looks at how one earnings report can change a company's entire outlook.
The men in brown are singing the blues today. UPS posted weaker-than-expected profits and led the Dow Transports Index down about 2%. Is it a bad sign for the broader economy? Jeff Tyler delivers this report.
SEC chairman Chris Cox goes before lawmakers today to answer questions about a possible politically motivated squelching of an insider trading investigation. Scott Tong reports.
