Business Today: Stock futures mixed ahead of data, earnings



Reuters

Good Morning Robert, THU 22 Oct 2009 

today's headlines

Stock futures mixed ahead of data, earnings
AT&T tops estimates with iPhone help
Microsoft launches Windows 7
New jobless claims up but continued claims fall
McDonald's shares rise on strong profit
Merck profit beats forecasts
Dow Chemical net spikes, but sales drop
Top pay at bailed out companies to be cut
Xerox profit falls but beats estimates
Galleon managers in Asia explore buyout of fund: sources
 

today's videos

REUTERS VIDEO:Obama aims to aid small business REUTERS VIDEO:Wall Street bonuses to be cut REUTERS VIDEO:Windows 7 ready for launch

more details

Stock futures mixed ahead of data, earnings
October 22, 2009 08:14 AM ET
NEW YORK (Reuters) - Stock futures were mixed on Thursday ahead of leading indicator and jobless data and a slew of big corporate earnings reports, including UPS, Amazon.com, 3M, Dow Chemical and Merck.

Full Article
AT&T tops estimates with iPhone help
October 22, 2009 08:03 AM ET
NEW YORK (Reuters) - AT&T Inc posted a stronger-than-expected quarterly results on Thursday, as Apple Inc's iPhone helped the phone company land a record number of new wireless subscribers.

Full Article
Microsoft launches Windows 7
October 22, 2009 05:05 AM ET
NEW YORK (Reuters) - Microsoft Corp launched Windows 7 on Thursday in its most important release for more than a decade, aiming to win back customers after the disappointing Vista and strengthen its grip on the PC market.

Full Article
New jobless claims up but continued claims fall
October 22, 2009 08:37 AM ET
WASHINGTON (Reuters) - The number of U.S. workers filing new claims for unemployment benefits rose more than expected last week, data showed on Thursday, indicating the labor market remains fragile despite signs of economic revival.

Full Article
McDonald's shares rise on strong profit
October 22, 2009 08:23 AM ET
CHICAGO (Reuters) - McDonald's Corp posted a stronger-than-expected quarterly profit on Thursday, helped by cost controls and rising sales in all regions, and expects same-store sales to remain positive in October even though people eat out less often.

Full Article
Merck profit beats forecasts
October 22, 2009 08:09 AM ET
NEW YORK (Reuters) - Merck & Co , slated to acquire Schering-Plough Corp later this year, reported a better-than-expected quarterly profit amid strong demand for its Januvia diabetes pill and gains from the sale of its share of the Merial animal health business.

Full Article
Dow Chemical net spikes, but sales drop
October 22, 2009 07:47 AM ET
NEW YORK (Reuters) - Dow Chemical Co said on Thursday its third-quarter net income jumped 66 percent due to asset sales and cost cuts, but revenue dropped as consumers curtailed spending.

Full Article
Top pay at bailed out companies to be cut
October 22, 2009 08:30 AM ET
WASHINGTON/NEW YORK (Reuters) - Top earners at financial and auto companies bailed out by the U.S. government will see their pay slashed under an Obama administration plan aimed at addressing public outrage over eye-popping paychecks, two sources familiar with the matter said on Wednesday.

Full Article
Xerox profit falls but beats estimates
October 22, 2009 07:35 AM ET
NEW YORK (Reuters) - Printing company Xerox Corp's quarterly profit was halved, underscoring the slowdown in office equipment spending, although results beat Wall Street expectations on cost cuts.

Full Article
Galleon managers in Asia explore buyout of fund: sources
October 22, 2009 06:53 AM ET
SINGAPORE (Reuters) - The managers of Galleon's $500 million Asia fund are exploring a possible buyout of the unit, sources told Reuters on Thursday, as the Singapore-based traders strive to keep investors on board after redemption requests.

Full Article
 
 











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Rob Alley, Realtor
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