With a half-hour left to go in today’s trading session, the Dow is down 400 points to 9,225 but there are some pockets of strength in certain sectors. Chesapeake Energy (CHK, $26.10, up $3.15) is having a monster day as Wall Street seems to believe that Chesapeake and other naturalRead more
Chesapeake Benefits From Obama Victory, Takeover Talks
Opening Bell Outlook
Potash Update
MasterCard Lifts Financial Stocks
MasterCard (MA, $159.50, up $15.61) is having a stellar morning after reporting earnings that beat Wall Street’s expectations. The results were a mixed bag of tricks as MasterCard had to pony up over $500 million to settle some legal matters with Discover Financial Services (DFS, $12.55, up $0.56). To start,Read more
Market Ends Flat Ahead of Election
Opening Bell Update
Casino Stocks Continue Higher
The casino stocks powered higher again on Friday and are showing some good momentum right now. Wynn Resorts (WYNN, $60.40, up $13.90) kept the ball rolling by announcing good 3Q results despite lousy Las Vegas revenues. The company reported a profit of $51 million, or $0.49/ share, up from $45Read more
3rd Quarter IPO's
Exxon Mobil Reports Record Earnings
Exxon Mobil ($72.96, down $1.69) reported earnings that smashed its own record for the biggest profit from a U.S. company, earning an astounding $14.9 billion in the third quarter. That makes back-to-back quarters that Exxon has broken its own record. The company reported revenues of $138 billion and net incomeRead more