Wednesday, October 21, 2009

Business Today: Stock futures lower after Boeing loss


Reuters
Good Morning Robert, WED 21 Oct 2009 

today's headlines

Stock futures lower after Boeing loss
Morgan Stanley posts profit, tops Street view
Boeing posts bigger-than-expected loss
Wells Fargo profit jumps
China's Volvo bid may stall over intellectual property
Yahoo triples profit, beats expectations
Altria profit beats estimates
Lilly profit tops Street view
Oil falls to around $78 as inventories weigh
Dell sees Windows 7 boost starting mid 2010
 

today's videos

REUTERS VIDEO:China economy stirs REUTERS VIDEO:How inflation could hurt stocks REUTERS VIDEO:Gazprom Enters U.S. Trading

more details

Stock futures lower after Boeing loss
October 21, 2009 07:59 AM ET
NEW YORK (Reuters) - Stock futures fell on Wednesday after Boeing reported disappointing quarterly results and on growing concern that a market pullback looms.

Full Article
Morgan Stanley posts profit, tops Street view
October 21, 2009 08:37 AM ET
NEW YORK (Reuters) - Morgan Stanley reported better-than-expected third-quarter profit on Wednesday, ending a string of three straight losing quarters.

Full Article
Boeing posts bigger-than-expected loss
October 21, 2009 08:30 AM ET
CHICAGO (Reuters) - Boeing Co on Wednesday posted a larger-than-expect quarterly loss on a cost reclassification related to its long-delayed 787 Dreamliner program, sending shares lower.

Full Article
Wells Fargo profit jumps
October 21, 2009 08:23 AM ET
NEW YORK (Reuters) - Wells Fargo & Co said shareholder profit rose 60 percent in the third quarter as mortgage banking revenue surged.

Full Article
China's Volvo bid may stall over intellectual property
October 21, 2009 07:36 AM ET
HONG KONG (Reuters) - Geely Holding's attempt to buy Ford Motor Co's Volvo car unit is in danger of stalling over disagreements about intellectual property rights, a source close to the talks said on Wednesday.

Full Article
Yahoo triples profit, beats expectations
October 20, 2009 09:40 PM ET
SAN FRANCISCO (Reuters) - Yahoo Inc beat Wall Street's profit and sales expectations as spending by advertisers showed signs of life in the third quarter and as months of cost-cutting and restructuring boosted the Internet company's bottom line.

Full Article
Altria profit beats estimates
October 21, 2009 07:15 AM ET
CHICAGO (Reuters) - Philip Morris USA parent Altria Group Inc posted quarterly profit that beat analysts estimates as its share of the smokeless tobacco market stabilized, while the company saw a sharp drop in cigarettes shipped.

Full Article
Lilly profit tops Street view
October 21, 2009 08:08 AM ET
NEW YORK (Reuters) - Eli Lilly and Co posted better-than-expected quarterly profit on Wednesday as sales of its top-selling prescription drugs beat projections, and the drugmaker raised its full-year earnings forecast.

Full Article
Oil falls to around $78 as inventories weigh
October 21, 2009 08:06 AM ET
LONDON (Reuters) - Oil fell to around $78 a barrel on Wednesday, extending the previous session's decline from a one-year peak after a bigger-than-expected rise in U.S. crude oil inventories.

Full Article
Dell sees Windows 7 boost starting mid 2010
October 21, 2009 08:16 AM ET
HONG KONG (Reuters) - Demand for computers from large companies is likely to pick up by as soon as mid-2010 as a result of Microsoft's launch this week of its Windows 7 operating system, a senior Dell executive said on Wednesday.

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Rob Alley, Realtor
Keller Williams Realty
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