The Dow Snaps Two-Day Losing Streak

Better-than-expected earnings from General Electric helped lift the Dow and S&P 500. The Nasdaq closed lower after disappointing results from chipmaker Advanced Micro Devices. Overall, the week’s strong earnings bode well for c…

Week in Preview: Banks Step Into the Earnings Spotlight

Fourth-quarter 2010 earnings season ramps up this week. Analysts expect strong results from some big corporate names. And on the heels of last week’s big earnings beat from JPMorgan Chase, the financial sector will have plenty …

Bank of America Earnings: Large Loss on Special Charge

The nation’s largest bank reported a third-quarter net loss of $7.3 billion due to a $10.4 billion goodwill charge. Excluding that, Bank of America’s adjusted net income of $3.1 billion trounced expectations.
C…