European markets trim gains and US opens lower on mixed earningsLONDON — European stock markets gave up earlier gains while Wall Street opened lower Friday as investors booked profits accumulated this week and considered mixed signals from U.S. earnings. Stocks open lower after BofA, Citi and GE beat estimates but still show some weaknessesNEW YORK — More mixed signals on the economy and earnings reports are sending stocks lower in early trading. Stock futures slip as Bank of America, GE beat earns estimates, but show some weaknessNEW YORK — Stock futures are slightly lower Friday as investors receive more mixed signals on the economy from earnings reports. General Electric profit drops 49 percent on finance unit troubles, industrial declineGeneral Electric Co.’s second-quarter profit tumbled 49 percent as the recession continued to hurt its finance unit and lowered sales across its wide range of industrial businesses. Oil slips below $62 in Asia as investors eye corporate results, weak gasoline demandVIENNA — Oil prices slipped below $62 a barrel Friday, as investors weighed mostly positive second quarter corporate results against signs of sluggish crude demand. World stock gains tempered by US inflation concerns despite strong Goldman Sachs earningsLONDON — European and U.S. stock markets rose modestly Tuesday after investment bank Goldman Sachs Group Inc. duly delivered strong second-quarter earnings. However, a surprisingly large spike in U.S. wholesale price inflation tempered much of the euphoria. Stocks slide ahead of earnings rush; Banks get a lift from analyst upgradeNEW YORK — Investors are waiting for corporate earnings reports to arrive before they push into stocks. Asian stocks extend losses amid economic jitters, Japan political uncertainty; Europe flatHONG KONG — Asian markets extended their slide Monday as hopes for a strong economic turnaround continued to fade amid new political uncertainty in Japan and worries over earnings results from major U.S. companies. European markets were little changed in early trade. Stocks fall as lower oil weighs on commodities; technology stocks slide after rallyNEW YORK — The stock market’s rally is on hold and it’s not clear what might get it moving again. ‘Wolverine’ finishes weekend with $85.1 million debut, down $2 million from Sunday estimateLOS ANGELES — Hugh Jackman’s Wolverine is rolling in dough, though his movie pulled in a little less money than originally estimated. Boeing announces Dreamliner test flightsSAN FRANCISCO - Test flights for the much-delayed Boeing Dreamliner are due to start in June and the first customers are on schedule to receive the plane in the first quarter of 2010, the US aviation company said Wednesday. GE executive says economic crisis resetting capitalism, can’t predict when recession endsWASHINGTON — The top executive of General Electric Co. said Wednesday he couldn’t predict when the recession would end or how bad it will be, but said the global economic crisis has “fundamentally reset” the way companies do business and capitalism itself. |
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