AT&T to report 2Q resultsSource: msnbc.com
AT&T Inc. reports its second-quarter results on Thursday. The following is a summary of key developments and analyst opinion related to the period.
Chrysler raises incentives to move more carsSource: msnbc.com
Chrysler said Wednesday it is offering up to $6,000 worth of incentives as it races to emerge from bankruptcy protection and counter a prolonged U.S. sales slump.
Ahead of the Bell: Goldman upgrades Ford, autosSource: msnbc.com
Ford Motor Co. is best positioned to benefit from a sweeping "sea change" in the U.S. auto industry as its Detroit competitors file for bankruptcy and auto sales begin to pick up again, an analyst said, adding Ford shares to a list of top picks.
Exxon knocks Wal-Mart off top of Forbes 500Source: msnbc.com
Exxon Mobil has unseated Wal-Mart Stores to top the 2009 Fortune 500 list after a year the magazine called the worst ever for the country's 500 largest publicly traded companies.
March game sales slump more than expectedSource: msnbc.com
U.S. video game sales slumped more than expected in March and were flat in the first quarter when compared with a year earlier - hurt by the recession, a shift in the Easter calendar and fewer big game launches.
Online travel agencies decline on rival promotionSource: msnbc.com
Shares of online travel companies fell Wednesday after privately held Travelocity followed rivals Priceline.com Inc. and Expedia Inc. in eliminating booking fees for domestic and international flights.
McKesson falls on financing worries for pharmaciesSource: msnbc.com
Shares of McKesson Corp. skidded Wednesday due to concerns that one of the pharmacy benefits manager's biggest customers, drugstore operator Rite Aid Corp., could default on its loans this year.
Analyst says low-cost airlines are best-positionedSource: msnbc.com
Low-cost carriers Southwest Airlines Co. and JetBlue Airways Corp. are probably the best-positioned to benefit from an eventual improvement in passenger demand, a Morgan Stanley analyst said Monday.
Oil services sector falls on oil pricesSource: msnbc.com
The oil services sector fell on Monday as oil prices plunged on increasing doubts that energy demand will recover amid a battered economy and as rig counts continued to tumble.
Ahead of the Bell: Somaxon PharmaceuticalsSource: msnbc.com
Somaxon Pharmaceuticals Inc. said Friday the Food and Drug Administration has determined it cannot approve Somaxon's insomnia drug candidate Silenor for sale without more information about the product.
Sector Snap: Pistol makers up since Obama electionSource: msnbc.com
The election of President Obama and a Democratically controlled Congress has been a boon to U.S. handgun makers, with sales of one pistol manufacturer climbing enough that an analyst Wednesday upgraded its stock to "Strong Buy" from "Accumulate."
PNC Financial shares falter with '09 estimate cutSource: msnbc.com
Shares of PNC Financial Services Group Inc. tumbled Friday as an analyst slashed her 2009 earnings estimate nearly in half, due to expectations for a higher provision to cover loan losses.
Ahead of the Bell: General ElectricSource: msnbc.com
An analyst on Monday questioned the decision by General Electric Co. to pay its dividend as planned while also leaving open the possibility it could cut the dividend it has paid for more than 100 years.
Relief rally lifts UPS shares post-earnings reportSource: msnbc.com
Shares of shipper UPS Inc. rebounded Tuesday as Wall Street breathed a sigh of relief that management is maintaining profitabilty and strong volumes amid the dismal economic environment.
Ahead of the Bell: Morgan Keegan upgrades UPSSource: msnbc.com
A Morgan Keegan analyst on Wednesday boosted his rating on United Parcel Service Inc. to "Outperform," a day after the package-delivery company reported a profitable fourth quarter but warned of a difficult year ahead.
Airlines see losses continue to pile upSource: msnbc.com
Deep capacity cuts, checked bag fees and aggressive fare sales couldn't stop the airline industry's bleeding from the impact of bad bets on fuel hedges and the drop-off in demand.
Black & Decker slips on 2009 outlook, job cutsSource: msnbc.com
Shares of Black & Decker Corp. sank Tuesday after the power tools maker said it was laying off 1,200 workers amid slumping profits and offered a grim outlook for its 2009 performance.
General Electric's profit down 44 percentSource: msnbc.com
GE reported a 44 percent drop in quarterly profit Friday, as the U.S. conglomerate and economic bellwether closed out one of the toughest years in its 117-year history.