Before the bell, Campbell Soup and Tyson Foods are scheduled to report quarterly earnings. Existing home sales data for October is due at 10 a.m. ET. Hewlett-Packard and Analog Devices will report earnings after the bell.
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The market slumped for a third day in a row Friday, finishing the week in the red. A sell-off in tech and energy stocks kept the majors below the unchanged line. Earnings news took center stage. PC maker Dell posted a dismal third quarter performance. Smucker’s third quarter profit soa...
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Evan Chandler, the father of Jordie Chandler, the boy who accused Michael Jackson in 1993 of molesting him during sleepovers at his Neverland Ranch, has committed suicide. In other news, Bon Jovi have debuted at number one on the Billboard 200 chart for the second time in their career, and Lady ...
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Smuckers revealed a larger than expected spike in third quarter profit. Results got a boost from strong sales at its Folger’s Coffee business. Both the bottom and top lines beat estimates. Amid the news, the jam and jelly-maker raised its full-year outlook.
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Oprah Winfrey announced today that she is ending her popular talk show after its 25th season in 2011. In other news, the Black Eyed Peas' "Boom Boom Pow" and Kings of Leon’s "Use Somebody" are among the nominees for iTunes’ song of the year, and Stone Temple Pilots have canceled a string of upco...
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U.S. markets moved further into the red at mid-afternoon on Friday, with disappointing earnings from Dell pushing the tech sector lower. The computer maker saw a 54 percent profit decline in Q3. Shares of Oracle were also moving lower as the European Union announced it would extend its ...
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PC Maker Dell reported a 54 percent plunge in third quarter profit. The bottom line slipped well below predictions. Profit and revenue came each missed analysts’ estimates.
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Al Qaeda recently launched a number of English language web sites aimed at Muslims in the West. U.K military helicopters struggled to rescue dozens of people, after heavy rains flooded their homes in Northern England. A U.S missile strike killed 8 terrorists in Pakistan this morning. He...
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Clothing retailer Gap reported a 25 percent jump in third quarter profit. Improved sales at its Old Navy stores bolstered results. The bottom line met expectations, while sales came in slightly above predictions. In related news, the Gap announced plans to buy back $500 million in shares.
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Republicans and Democrats in the Senate traded political barbs Friday in advance of Saturday’s vote on health care reform. The vote will be an early sign of support for the reform package introduced by Majority Leader Harry Reid. Elsewhere, the Senate Ethics Committee admonished Senato...
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Stocks are sliding in early going Thursday. The number of people filing first-time unemployment claims dropped more than expected last week. In earnings news, Sears reported a third quarter loss that narrowed from last year. Meanwhile, Limited Brands posted a larger than expected third ...
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Stocks opened lower Friday, extending the prior day’s sell-off. With no major economic news on the calendar, all eyes are on the latest earnings reports. Dell reported a 54 percent drop in third quarter profit, dragged down by weak sales. Homebuilder D R Horton said its fourth quarter loss narro...
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Existing Home Sales Kicks Off Thanksgiving Week
