Democrats face an uphill battle in their efforts to retake control of the House later this year, but the fundraising numbers for the first quarter did provide them with some good news. The latest figures showed that the Democratic Congressional Campaign Committee outraised the National Republican Congressional Committee by more than $2 million in the first three months of 2014.
Stocks are turning in a lackluster performance in morning trading on Monday after showing a strong move to the upside last week. The major averages have been unable to sustain any significant moves, bouncing back and forth across the unchanged line.
Leading U.S. economic indicators showed continued improvement in the month of March, according to a report released by the Conference Board on Monday, with the leading economic index rising by slightly more than expected. The Conference Board said its leading economic index rose by 0.8 percent in March after climbing by 0.5 percent in February.
After turning in a strong performance last week, stocks may show a lack of direction in early trading on Monday. The major index futures are currently pointing to a roughly flat open for the markets, with the Dow futures down by just 1 point.
Healthcare products maker Kimberly-Clark Corp. reported Monday a profit for the first quarter that edged up one percent from last year, primarily reflecting lower expenses and organic sales growth. Adjusted earnings per share topped analysts' expectations, while quarterly sales missed their estimates The company also reaffirmed its adjusted earnings guidance for full-year 2014.
Halliburton Co. (HAL, HAL.TO, HAL.F) Monday reported a profit for the first quarter, compared to a loss in the previous year that was hit by a hefty charge. Both earnings and revenues topped Wall Street estimates.
Toy maker Hasbro, Inc. Monday reported a turnaround to profit in the first quarter, reflecting mainly strong performance in Girls category. The results also reflected continued strong performance across several key initiatives including Hasbro Franchise Brands, Emerging Markets and the Entertainment and Licensing segment, the firm said.
Diversified financial services holding company SunTrust Banks, Inc. (STI) Monday reported increased profit for the first quarter, even as revenue declined amid decreases in mortgage production income and net interest income. Both earnings and revenues topped Wall Street expectations and the lender reported lower provision for credit losses.
Trading in the U.S. index futures suggests that Wall Street stocks may see a cautious open on Monday, as traders plan their next move. Another slew of earnings are set to be released by companies such as Schlumberger (SLM), Hasbro (HAS) and Kimberly-Clark (KMB). The Ukraine crisis is yet to be resolved...
Several car manufacturers unveiled their new products at the Beijing auto show on Sunday, with many vehicles being tailor-made for the Chinese customers. China holds its auto shows every year, with the venue shifting between Beijing and Shanghai in alternate years. The event has become one of the most important commercial events for the industry.
Music is what tells us that the human race is greater than we realize. So said Napoleon Bonaparte, the first emperor of France, about the importance of music. Listening to religious music may promote mental well-being of seniors, says a new article published online in The Gerontologist.
Chipmaker Advanced Micro Devices Inc. said Thursday after the markets closed that its first quarter loss narrowed from last year, helped by strong revenue growth in its graphics and visual solutions business. The company's quarterly earnings per share, excluding items, also came in above analysts' expectations as did its quarterly revenue.
athenahealth reported a slip to loss in the first quarter, hurt by lower margins even as revenues jumped 30 percent. Both earnings and revenue for the quarter came in short of Wall Street estimates.
After trending higher over the past few sessions, stocks showed a lack of direction throughout the trading day on Thursday. The major averages spent the session bouncing back and forth across the unchanged line before ending the day mixed. While the major averages closed on opposite sides of the unchanged line, they all showed only modest moves.
U.S. Secretary Of State John Kerry said Thursday that he and his counterparts from Russia, Ukraine and the European Union have reached an agreement on a preliminary plan for ending the ongoing crisis in Ukraine. Kerry was speaking at the end of the Ukraine contact group's first meeting, comprising the foreign ministers of Russia, Ukraine, the EU and the U.S., in the Swiss city of Geneva.