The appointment of 36-year-old Carte Goodwin to succeed the late U.S. Sen. Robert C. Byrd appears to give Senate Democrats the 60 votes they need to defeat a GOP filibuster and pass an extension of unemployment insurance.
Beware: Decent Earnings Mask Weak Revenue Growth
As results roll in, earnings are beating expectations, but revenue growth is lackluster as the economy slows. So despite upbeat analysts, investors should be vigilant about earnings quality.
Continue Reading | 8 CommentsMarket Update:
Stocks drop on weak consumer sentiment, bank earns
Columns
New Senator Could Change Unemployment Vote
4:15 PM 07/16/10
What If Unemployment Is Really 22%?
12:00 PM 07/16/10
Private pollsters and economists are piling up statistics showing the government's official jobless rate is becoming more and more of a fiction. And that's not helping solve the problem that's No. 1 for most Americans.
Smaller Loan Losses Lift Bank Earnings
3:45 PM 07/16/10
Bank of America, Citi and JPMorgan Chase beat earnings projections, despite a drop in investment banking and trading income. Results were buoyed by lower losses on loans and credit cards and resulting cuts in loan reserves.
Face-Off: Energizer, P&G;, Spectrum Brands
1:20 PM 07/16/10
Hot summer weather got us thinking about short summer haircuts, which is as good a reason as any to take a close look at some consumer staples stocks. Save for utilities, no other sector has held up as well in a down market.
With Playboy in Play, How High Will the Bids Go?
7:30 AM 07/16/10
Hugh Hefner's offer to buy all of Playboy Enterprises and take it private may look like a slam-dunk because he already owns so much of it. Not so. Some big shareholders say it's a low-ball bid, and already FriendFinder has made a higher offer.
Smells Like Viral Advertising: Old Spice Through the Ages
6:22 PM 07/16/10
Old Spice has seized national attention with a viral, interactive ad campaign starring former NFL wide receiver Isaiah Mustafa. Yet, Mustafa isn't the only Old Spice man to flirt with notions of masculinity.
Keith Olbermann a Victim of Prank by Tucker Carlson
5:30 PM 07/16/10
Tucker Carlson's attempt at humor at the expense of Keith Olbermann may land the bow tie-loving conservative pundit in legal hot water. Earlier this week, Carlson's site the Daily Caller registered the domain name Keitholberman.com as a publicity gimmick.
Goldman vs. SEC: Who Will Be the Ultimate Victor?
5:00 PM 07/16/10
It's hard to say who will get the best of the settlement between Goldman Sachs and the Securities and Exchange Commission. Some provisions may have major, negative impacts for Goldman in the future. However, in the short run, and in the court of public opinion, Goldman clearly wins. Here's why.
DailyFinance Wire
- Consumer Reports Won't Recommend iPhone 4 Despite Free Case
- Google Buys Metaweb for Better Search Results
- Investors, Watch Out: Decent Earnings Mask Weak Revenue Growth
- Smells Like Viral Advertising: Old Spice Through the Ages
- Keith Olbermann Falls Victim to Cybersquatting Prank by Tucker Carlson
- Goldman Sachs Settlement: Immediate Win for Goldman, Long Term Victor Unclear
- Legal Briefing: A Dell Deal the SEC (Probably) Can't Refuse
- Carte Goodwin Appointment Gives Democrats Path to Unemployment Extension
- Dow Dives 261 Points on Bank Earnings, Sentiment
- Lighter Loan Losses Help Propel Big Banks' Earnings Above Expectations
- White iPhone 4 Hits by End of July
- Steve Jobs Says iPhone 4 Users Get Free Protective Cases
- Qlik Clicks With IPO Investors as Stock Takes Off
- Face-Off on Stocks: Energizer, Spectrum Brands, P&G
- Dell, SEC Talk Settlement Over Accounting Issues
- The Jobless Effect: Is the Real Unemployment Rate 16.5%, 22%, or. . .?
- Intel Unloads Smart Technologies Shares, Revises Outlook
- Toyota, Tesla Move Ahead with Plan to Build All-Electric RAV4
- July Jitters: Consumer Sentiment Plunges on Income, Job Fears
- Just Enough Inflation? Core Consumer Price Index Up 0.2% in June
- Geithner vs. Warren: Insiders Feud Over New Consumer Protection Agency
- Goldman Makes Another Great Deal -- for Goldman, of Course
- BP's Alleged Political Meddling Over Libya: Old Habits Die Hard
- Peter Sellers Tried to Change Will Just Before Dying, Letter Says
- Vivus Hammered After FDA Panel's 'No' Vote; Orexigen Down, Arena Up
Newswire
- Less-confident consumers could stall recovery
- BP, scientists try to make sense of well puzzle
- Banks eye higher fees to boost declining revenue
- Stocks drop on weak consumer sentiment, bank earns
- Apple CEO on antenna problem: 'We aren't perfect'
- Congress acts on bank overhaul, but work ahead
- 94 charged in Medicare scams totaling $251M
- AIG agrees to pay $725M to investors in settlement
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