Business Today: Stock futures up sharply after JPMorgan, Intel results



Reuters

Good Morning Robert, WED 14 Oct 2009 

today's headlines

Stock futures up sharply after JPMorgan, Intel results
JPMorgan profit soars
Retail sales fall less than expected
House begins assembly of financial reform plan
Major U.S. firms on route to award record pay in '09: report
Abbott profit rises on Humira demand, special gain
U.S. pushes AIG to cut pay incentives
Blackstone sees "more than green shoots" of recovery
Oil sets 2009 high above $75 on economy optimism
Dell CEO expects IT spending bounce
 

today's videos

REUTERS VIDEO:JAL seeks $6.7 bln rescue REUTERS VIDEO:Business Update: Gold record REUTERS VIDEO:Ex-Bear money managers meet jury

more details

Stock futures up sharply after JPMorgan, Intel results
October 14, 2009 08:17 AM ET
NEW YORK (Reuters) - Stock futures pointed to a rise of more than 1 percent at the open on Wednesday after JPMorgan Chase & Co posted a surge in profit following stronger numbers from Intel Corp a day earlier.

Full Article
JPMorgan profit soars
October 14, 2009 08:01 AM ET
NEW YORK (Reuters) - JPMorgan Chase & Co reported sharply higher third-quarter results, topping Wall Street expectations, as gains at its investment bank offset deeper losses on credit cards and other consumer loans.

Full Article
Retail sales fall less than expected
October 14, 2009 08:36 AM ET
WASHINGTON (Reuters) - Sales at U.S. retailers fell in September, hurt by a slump in motor vehicle purchases as government-sponsored incentives ended, but the decline was less than expected, a government report showed on Wednesday.

Full Article
House begins assembly of financial reform plan
October 14, 2009 01:20 AM ET
WASHINGTON (Reuters) - The House Financial Services Committee is to begin work on Wednesday on a top priority for the U.S. Congress -- legislation to mend regulatory holes exposed by last fall's financial crisis.

Full Article
Major U.S. firms on route to award record pay in '09: report
October 14, 2009 12:28 AM ET
(Reuters) - Major U.S. banks and securities firms are on track to pay employees about $140 billion in total compensation and benefits this year, the Wall Street Journal said, citing an analysis of securities filings for the first half of 2009 and revenue estimates through the end of the year.

Full Article
Abbott profit rises on Humira demand, special gain
October 14, 2009 08:15 AM ET
NEW YORK (Reuters) - Abbott Laboratories Inc on Wednesday said third-quarter profit rose 37 percent on strong demand for its Humira arthritis drug and Xience heart stent and gains from a settlement with Medtronic Inc .

Full Article
U.S. pushes AIG to cut pay incentives
October 14, 2009 08:11 AM ET
WASHINGTON (Reuters) - The U.S. Treasury Department is pushing American International Group to cut big pay incentives it claims were needed to keep staff, but which have stoked a controversy over pay at taxpayer-supported firms.

Full Article
Blackstone sees "more than green shoots" of recovery
October 14, 2009 08:22 AM ET
DUBAI (Reuters) - Private equity firm Blackstone Group's chief executive said the worst of the industry's problems were behind it, and dealflow and IPO opportunities were opening up again.

Full Article
Oil sets 2009 high above $75 on economy optimism
October 14, 2009 08:08 AM ET
LONDON (Reuters) - Oil surged for a fifth day on Wednesday to a 2009 high above $75 a barrel, boosted by a weak dollar and optimism about a global economic rebound that will lead to higher energy demand.

Full Article
Dell CEO expects IT spending bounce
October 14, 2009 07:32 AM ET
SANTA CLARA, California (Reuters) - Dell Inc Chief Executive Michael Dell said the business climate was improving and repeated his expectation for a "powerful" hardware refresh cycle beginning next year.

Full Article
 
 











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Rob Alley, Realtor
Keller Williams Realty
540-250-3275
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Oh, by the way, I am never too busy to work any of your referrals.
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