Analysts forecast that Ford will announce a profit of 48 cents a share on revenue of about $30.6 billion when it releases earnings on Friday. That translates into an expected pretax profit of $8 billion in 2010, the best Ford h…
Hertz Global Holdings’s says fourth-quarter profit exceeded the company’s forecast as it improved the efficiency of its operations. Strong used-car prices probably don’t hurt too.
Continue reading Hertz’s 2010 …
Stocks closed sharply higher Monday with the Dow Jones posting a triple-digit gain as technology stocks rallied after Intel raised its dividend and expanded its share buybacks by $10 billion. The index last saw 12,000 in June 2…
McDonald’s will increase prices on some items in the U.S. this year in response to rising commodity prices that are boosting food costs, Chicago Breaking Business reported, citing remarks the company made on its earnings confer…
Traders will be reading between the State of the Union’s lines to see what Obama’s new approach means for business and the market. And given stocks’ steady rise for the past eight weeks, profit-taking and choppy action should b…